NOT LISTED FOR SALE

Estimated Value: $1,053,000 - $1,315,000

3 Beds
2 Baths
3,249 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 25, 2014

Last sale price $600,000 $185 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,717/month

1 Day on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Vermont/Santa Monica Station
  • Cooling System Mounted To A Wall/Window
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Bungalow

About This Home

As of August 2014

Short Sale. Will need approval. Three incomplete units. Great Upside but tons of work needed to put this none back together. Rear of building was taken down as the owner had intentions to expand but was not able to start or complete. Property shows as four units but now only three are livable. Two 1BR/1BA with almost 700 sqft and one 2BR/1BA with almost 700 sqft. Fourth unit no longer exists. parking on site. Copper plumbing. Only two units presently leased. Do not enter due to safety issues. Drive by only. Notice of default is filed and sale date is approaching.

Last Agent to Sell the Property

Peter Miller

Equity Union License #01256871 Listed on: 04/17/2014

Equity Union

Last Buyer's Agent

Lina Cespedes Henao

No Firm Affiliation License #01914810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,634

Year Built

  • Built in 1920

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,249 Sq Ft Home
  • Bungalow
  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 2577
  • Assessor Parcel Number 5540024016

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,200
  • Trash Expense $800
  • New Taxes Expense $5,900
  • Gross Income $2,750
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,634

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5540024016
  • Year Built: 1920
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 184.67

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Average1 Bed Area: 700
  • Average2 Bed Area: 700
  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 22800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 10200.00
  • Rent Control: Yes
  • Total Actual Rent: 33000.00

Tax Info

  • New Taxes Expense: 5900.00
  • Tax Lot: 92
  • Tax Tract Number: 2577
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2017
Sold by
Bond Douglas
Bought by
Bond Anna
Current Estimated Value
$1,194,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2017
Sold by
Unimed Solutions Inc
Bought by
Bond Anna

Purchase Details

Closed on
Jul 13, 2016
Sold by
Hovhannisyan Amalya
Bought by
Unimed Solutions Inc

Purchase Details

Closed on
Jun 16, 2014
Sold by
Mkhitaryan Armen
Bought by
Hovhannisyan Amalya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2014
Sold by
Zakaryan Frida
Bought by
Hovhannisyan Amalya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Zakaryan Albert
Bought by
Zakaryan Frida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Zakaryan Anna
Bought by
Zakaryan Frida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Martikian Artak
Bought by
Zakaryan Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.86%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Bekerian Bedros
Bought by
Martikian Artak and Zakaryan Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,176
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 1997
Sold by
Bekerian Bedros
Bought by
Bekerian Bedros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

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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
Bond Anna -- Lawyers Title
Bond Anna -- Accommodation
Unimed Solutions Inc -- None Available
Hovhannisyan Amalya -- None Available
Zakaryan Frida -- None Available
Hovhannisyan Amalya $600,000 None Available
Zakaryan Frida -- First American Title Co Los
Zakaryan Frida $400,000 First American Title Co
Zakaryan Anna -- First American Title Co
Martikian Artak $223,000 Investors Title Company
Bekerian Bedros -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bond Anna $400,000
Closed Bond Anna $350,000
Closed Bond Anna $200,000
Closed Bond Anna $600,000
Previous Owner Hovhannisyan Amalya $610,500
Previous Owner Zakaryan Frida $55,000
Previous Owner Hovhannisyan Amalya $520,000
Previous Owner Zakaryan Frida $250,000
Previous Owner Zakaryan Frida $453,500
Previous Owner Zakaryan Frida $435,000
Previous Owner Zakaryan Frida $300,000
Previous Owner Zakaryan Anna $118,000
Previous Owner Zakaryan Anna $271,000
Previous Owner Martikian Artak $221,176
Previous Owner Bekerian Bedros $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2014 08/25/14 Sold $600,000 +9.1% $185 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $550,000 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,634 $1,201,199 $841,420 $359,779
2024 $14,634 $1,177,647 $824,922 $352,725
2023 $14,353 $1,154,557 $808,748 $345,809
2022 $13,690 $1,131,920 $792,891 $339,029
2021 $13,515 $1,109,727 $777,345 $332,382
2019 $13,113 $1,076,814 $754,290 $322,524
2018 $12,594 $1,025,100 $718,080 $307,020
2016 $7,541 $609,149 $355,337 $253,812
2015 $7,433 $600,000 $350,000 $250,000
2014 $5,958 $463,926 $347,947 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14078849

California Regional Multiple Listing Service (CRMLS)

APN: 5540-024-016