NOT LISTED FOR SALE

Estimated Value: $1,959,000 - $2,209,000

6 Beds
4 Baths
3,845 Sq Ft
$554/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $2,182,500 $568 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,836/month

11 Days on Market

Highlights

  • Gourmet Kitchen
  • Living Room with Fireplace
  • Mediterranean Architecture
  • Property is near public transit
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2021

Majestic Mediterranean Duplex in HPOZ's Carthay Square - situated on West side of street - This beauty has been impeccably preserved & restored to blend the original Art Deco detailing with contemporary & modern influences. The light and bright upper unit enjoys hardwood floors throughout, recessed lighting, living room w/coved ceiling and gorgeous fireplace (Art Deco facade) and Batchelder tile hearth, bonus room/den over the porte-cochere, grand formal dining room w/coved insert, remodeled kitchen w/breakfast area, granite countertops, stainless steel appliances, lots of storage, center hall, orig. phone nook, spacious bedrooms, master closet reorganized, remodeled master bath w/double sinks, Spanish tiling, separate tub/shower, linen cabinet, Washer/Dryer stack, Orig. hardware on doors, period inspired lighting fixtures throughout - Lushly landscaped front & rear yards, entertainer's rear yard with lounging areas, garages converted to storage spaces. This pride of ownership property improvements include: Newer roof on house/garages, bolted foundation and HVAC. Upper unit (owner's unit) to be delivered vacant, lower unit tenant occupied. Property has been beautifully maintained; it's a special one!

Last Agent to Sell the Property

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 05/06/2021

Coldwell Banker Realty

Last Buyer's Agent

Gina Isaac

Nourmand & Associates-HW License #01437713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 6,498 Sq Ft Lot
  • East Facing Home
  • Back and Front Yard

Home Design

  • Duplex
  • Mediterranean Architecture
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,845 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Center Hall
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • The owner pays for water, gardener
  • Assessor Parcel Number 5087-026-004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Service Entrance
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,693

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 3845
  • Lot Acreage: 0.1492
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Bathroom Features: Shower and Tub, Remodeled, Low Flow Toilet(s), Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Granite Counters, Gourmet Kitchen
  • Laundry: Inside, Room, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Ice Maker, Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Built-Ins, Washer, Refrigerator, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 571.91

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Rain Gutters
  • Other Structures: Other
  • Pool: No
  • Roof: Clay, Composition
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 1
  • Garage Structures: 4
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.00
  • Assessed Improvement Value: 472908
  • Assessed Land Percent: 72
  • Assessed Land Value: 1216061
  • Total Assessed Value: 1688969
  • Assessor Parcel Number: 5087-026-004
  • Lot Description: Back Yard, Sidewalks, Curbs, Yard, Front Yard
  • Lot Location: Near Public Transit
  • Lot Size Area: 6498

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 50
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 22, 2021
Sold by
Evans Douglas T and Katehakis Alexandra
Bought by
Wallis Leslie Erin and Wallis William George
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Gina Isaac
Nourmand & Associates-HW
List Price
$2,199,000
Sold Price
$2,182,500
Premium/Discount to List
-$16,500
-0.75%
Current Estimated Value
$2,131,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,320
Avg. Annual Appreciation
0.83%
Original Mortgage
$3,000,000
Outstanding Balance
$2,840,346
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
-$581,434

Purchase Details

Closed on
Mar 30, 2015
Sold by
Evans Douglas T
Bought by
Chasin Derek and Chasin Arlene

Purchase Details

Closed on
May 1, 2013
Sold by
Chasin Derek
Bought by
Evans Douglas T and Katehakis Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Lerner Carl J and The Carl J Lerner Trust
Bought by
Chasin Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1996
Sold by
Lerner Carl J
Bought by
Lerner Carl J

Purchase Details

Closed on
Mar 17, 1994
Sold by
Avery Herbert B and Avery Maunaloa T
Bought by
Avery William M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallis Leslie Erin $2,182,500 Equity Title Los Angeles
Chasin Derek -- Fidelity National Title
Evans Douglas T $1,500,000 Fidelity National Title
Chasin Derek $900,000 California Title Company
Lerner Carl J -- --
Avery William M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallis Leslie Erin $3,000,000
Previous Owner Evans Douglas T $1,050,000
Previous Owner Chasin Derek $710,927
Previous Owner Chasin Derek $150,000
Previous Owner Chasin Derek $650,000
Closed Chasin Derek $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $2,182,500 -0.8% $568 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $2,199,000 -- $572 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,693 $186,267 $64,937 $121,330
2024 $2,693 $182,615 $63,664 $118,951
2023 $2,653 $179,035 $62,416 $116,619
2022 $20,789 $1,740,595 $1,253,232 $487,363
2021 $20,525 $1,706,466 $1,228,659 $477,807
2020 $20,735 $1,688,969 $1,216,061 $472,908
2019 $19,910 $1,655,853 $1,192,217 $463,636
2018 $19,786 $1,623,387 $1,168,841 $454,546
2016 $18,909 $1,560,351 $1,123,454 $436,897
2015 $18,632 $1,536,914 $1,106,579 $430,335
2014 $18,693 $1,506,809 $1,084,903 $421,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-728324

The MLS

APN: 5087-026-004