Seller's Agent in 2024
Sevak Keshishian
Marcus & Millichap
(818) 212-2700
1 in this area
58 Total Sales
1123 N Vista St West Hollywood, CA 90046
Estimated Value: $1,171,000 - $1,770,000
3
Beds
3
Baths
2,151
Sq Ft
$632/Sq Ft
Est. Value
Highlights
- Central Heating
- 1-Story Property
- 2-minute walk to Plummer Park
- Ceiling Fan
About This Home
As of August 2024We are pleased to present 1123 N. Vista Avenue, a triplex located in the heart of West Hollywood. Built in 1924, this 2,151 square foot property sits on a 6,166 square foot lot and features three 1-bedroom, 1-bathroom units, each with its own private patio space. Tenants enjoy ample outdoor common area space and five on-site parking spaces. The property presents a significant value-add opportunity for investors seeking to implement interior and exterior renovation plans. It is currently fully occupied, however there are efforts being made by ownership to deliver the property vacant or to provide a path to vacancies which will allow a future investor to renovate the property as desired. In addition, there is an attached one-car garage located at the rear of the property that could potentially be converted into an ADU (Buyer to investigate and confirm). For Developers, the property is zoned WDR2, and offers the potential to transform the site into a 5-unit multifamily or condo building like many similar lots in the area that have the same zoning. Located north of Santa Monica Blvd and nestled between N Fairfax Ave and N La Brea, the property is in the heart of West Hollywood and is considered a walker's paradise boasting a walk score of 93. There are many public transportation options minimizing the need for a vehicle. Tenants are within proximity of the famous Sunset Strip, numerous restaurants, boutique shopping on Melrose Ave, and a short distance to Beverly Hills and Hollywood.
Last Agent to Sell the Property
Marcus & Millichap License #01887505 Listed on: 04/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,447
Year Built
- Built in 1924
Lot Details
- 6,166 Sq Ft Lot
Interior Spaces
- 2,151 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Stacked Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5531-002-020
- $10,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2024
Closed on
Aug 7, 2024
Sold by
Second Chance Organization Llc
Bought by
Lux Managment Ii Llc
Seller's Agent
Sevak Keshishian
Marcus & Millichap
Buyer's Agent
Sevak Keshishian
Marcus & Millichap
List Price
$1,100,000
Sold Price
$1,195,000
Premium/Discount to List
$95,000
8.64%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,016
Avg. Annual Appreciation
13.30%
Original Mortgage
$895,000
Outstanding Balance
$886,610
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$472,406
Purchase Details
Closed on
Mar 18, 2024
Sold by
Prestige Default Services Llc
Bought by
Center Street Lndg Fund Iv Spe
Purchase Details
Closed on
Jun 15, 2021
Sold by
Metallic Blue Development Llc
Bought by
Lee Fok Mercy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2020
Sold by
Smart Attorneys Inc
Bought by
Metallic Blue Development Llc
Purchase Details
Listed on
Jul 6, 2018
Closed on
Jan 17, 2019
Sold by
Metallic Blue Development Llc
Bought by
Smart Attorneys Inc
Seller's Agent
Paul Argueta
Lowell & Vanderbilt, Inc.
Buyer's Agent
Zoya Vladimirskaya
List Price
$1,199,000
Sold Price
$1,120,000
Premium/Discount to List
-$79,000
-6.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 25, 2018
Sold by
Lizarzaburu Gonzalo R and The Leonila Lizarzaburu Living
Bought by
Mecallic Blue Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
4.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 2018
Sold by
Lizarzaburu Leonila
Bought by
Baca Gonzalo R Lizarzaburu
Purchase Details
Closed on
Nov 15, 2014
Sold by
Leonila Lizarzaburu Leonila and Leonila Lizarzabura
Bought by
Lizarzaburu Leonila and The Leonila Lizarzaburu Living
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lux Managment Ii Llc | $1,195,000 | First American Title Company | |
| Center Street Lndg Fund Iv Spe | $1,195,000 | Accommodation/Courtesy Recordi | |
| Lee Fok Mercy | -- | Sweet Settlements Llc | |
| Metallic Blue Development Llc | -- | Chicago Title Company | |
| Smart Attorneys Inc | -- | Chicago Title Company | |
| Mecallic Blue Development Llc | $1,120,000 | Wfg National Title Company O | |
| Baca Gonzalo R Lizarzaburu | -- | Wfg National Title Company | |
| Lizarzaburu Leonila | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lux Managment Ii Llc | $895,000 | |
| Previous Owner | Metallic Blue Development Llc | $150,000 | |
| Previous Owner | Metallic Blue Development Llc | $250,000 | |
| Previous Owner | Metalic Blue Development Llc | $310,000 | |
| Previous Owner | Mecallic Blue Development Llc | $896,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $1,195,000 | +8.6% | $556 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 04/19/2024 04/19/24 | For Sale | $1,100,000 | -1.8% | $511 / Sq Ft |
| 01/22/2019 01/22/19 | Sold | $1,120,000 | -6.6% | $521 / Sq Ft |
| 12/22/2018 12/22/18 | For Sale | $1,199,000 | 0.0% | $557 / Sq Ft |
| 12/22/2018 12/22/18 | Price Changed | $1,199,000 | -20.0% | $557 / Sq Ft |
| 12/19/2018 12/19/18 | Price Changed | $1,499,000 | +25.0% | $697 / Sq Ft |
| 12/19/2018 12/19/18 | Pending | -- | -- | -- |
| 12/19/2018 12/19/18 | Price Changed | $1,199,000 | -19.5% | $557 / Sq Ft |
| 09/06/2018 09/06/18 | Price Changed | $1,490,000 | -11.8% | $693 / Sq Ft |
| 07/06/2018 07/06/18 | For Sale | $1,690,000 | -- | $786 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $21,447 | $1,195,000 | $955,000 | $240,000 |
| 2024 | $21,447 | $1,645,912 | $1,316,106 | $329,806 |
| 2023 | $20,978 | $1,613,640 | $1,290,300 | $323,340 |
| 2022 | $15,860 | $1,236,680 | $1,030,567 | $206,113 |
| 2021 | $15,679 | $1,212,432 | $1,010,360 | $202,072 |
| 2020 | $15,116 | $1,142,400 | $867,000 | $275,400 |
| 2019 | $1,915 | $39,942 | $23,489 | $16,453 |
| 2018 | $1,788 | $39,160 | $23,029 | $16,131 |
| 2016 | $1,673 | $37,641 | $22,136 | $15,505 |
| 2015 | $1,662 | $37,077 | $21,804 | $15,273 |
| 2014 | $1,673 | $36,351 | $21,377 | $14,974 |
Source: Public Records
Agents Affiliated with this Home
-
Sevak Keshishian
-
P
Seller's Agent in 2019
Paul Argueta
Lowell & Vanderbilt, Inc.
-
Z
Buyer's Agent in 2019
Zoya Vladimirskaya
Map
Source: The MLS
MLS Number: 24-382303
APN: 5531-002-020
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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