NOT LISTED FOR SALE

1138 N Poinsettia Place West Hollywood, CA 90046

Estimated Value: $1,415,000 - $2,367,000

4 Beds
4 Baths
2,034 Sq Ft
$890/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $1,260,000 $619 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,506/month

80 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • 1-Story Property
  • Spanish Architecture
  • Zoned Heating and Cooling
  • 4-minute walk to Formosa Park

About This Home

As of January 2014

Pristine condition classic Spanish duplex in prime West Hollywood remodeled to perfection. Beautiful mahogany gate leads to side-by-side two bedroom, two bath duplex renovated using superbly designed finishes & details. Numerous amenities for both units, including large private outdoor decks, patios & grassy yards, stunning hardwood floors, beautiful choice of tiles, stunning custom kitchens with white marble counters, stainless steel appliances, high-end cabinetry, classic Spanish casement windows. Owners unit (1140) includes a large private grassy yard, sun deck for outdoor dining & 300 plus sq ft private cabana, ideal for home office. Rental Unit (1138) is tenant occupied with strong $3,200 monthly income & large side yard recreation area. This exquisitely appointed move-in ready property is well suited for the most discriminating owner-user or investor buyer. Close proximity to local neighborhood park, restaurants, markets, entertainment and shops. A must see property!

Last Agent to Sell the Property

Rande Gray

Keller Williams Realty License #01233483 Listed on: 09/10/2013

Keller Williams Realty

Co-Listed By

Randy Wright

Christie's International Real Estate SoCal License #01410916

Last Buyer's Agent

Paul Kellogg

Coldwell Banker Realty License #01212345

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1923

Lot Details

  • 5,795 Sq Ft Lot

Home Design

  • Duplex
  • Spanish Architecture
  • Composition Roof

Interior Spaces

  • 2,034 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Assessor Parcel Number 5531-006-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,708

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2034
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Ceramic Tile, Hardwood, Mixed
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 636.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, On street, Uncovered
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central, Dual, Multi/Zone
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Assessed Improvement Value: 61013
  • Assessed Land Value: 263145
  • Assessor Parcel Number: 5531-006-007
  • Geocode Override: No
  • Lot Size Area: 5795

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 13, 2013
Sold by
Mcmanus Anthony D
Bought by
Martin Stephen M and Mulcrone John J
Seller's Agent
Rande Gray
Keller Williams Realty
Buyer's Agent
Paul Kellogg
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%
Current Estimated Value
$1,810,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,356
Avg. Annual Appreciation
3.53%
Original Mortgage
$417,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 3, 2013
Sold by
Borlongan Danielle
Bought by
Mcmanus Gerard B
Seller's Agent
Rande Gray
Keller Williams Realty
Buyer's Agent
Paul Kellogg
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2012
Sold by
Bradley Richard Earl
Bought by
Mcmanus Anthony D and Mcmanus Gerard B

Purchase Details

Closed on
Feb 7, 2003
Sold by
Bradley Dorothy L
Bought by
Bradley Richard Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.89%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Eastern Svgs Bank Fsb
Bought by
Bradley Earl G and Bradley Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,350
Interest Rate
7.05%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Granite Management Corp
Bought by
Eastern Svgs Bank Fsb

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bruno Robert J
Bought by
Granite Management
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
Martin Stephen M $1,260,000 Title 365
Mcmanus Gerard B -- Title 365
Mcmanus Anthony D -- Title 365
Mcmanus Anthony D $670,000 Progressive Title Company
Bradley Richard Earl $255,000 Gateway Title Company
Bradley Earl G $255,000 North American Title Co
Eastern Svgs Bank Fsb -- Stewart Title
Granite Management $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Stephen M $400,000
Closed Martin Stephen M $37,500
Closed Martin Stephen M $417,000
Previous Owner Bradley Richard Earl $204,000
Previous Owner Bradley Earl G $165,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $1,260,000 -2.7% $619 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $1,295,000 -- $637 / 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 $7,708 $551,233 $508,188 $43,045
2024 $7,708 $540,425 $498,224 $42,201
2023 $7,513 $529,829 $488,455 $41,374
2022 $7,081 $519,441 $478,878 $40,563
2021 $6,985 $509,257 $469,489 $39,768
2019 $6,738 $494,154 $455,564 $38,590
2018 $6,603 $484,466 $446,632 $37,834
2016 $6,318 $465,656 $429,290 $36,366
2015 $6,226 $458,662 $422,842 $35,820
2014 $8,949 $673,041 $502,270 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-703009

The MLS

APN: 5531-006-007