NOT LISTED FOR SALE

Estimated Value: $1,149,000 - $1,818,065

6 Beds
2 Baths
2,440 Sq Ft
$569/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $1,015,000 $416 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,153/month

37 Days on Market

Highlights

  • Great Room
  • Laundry Room
  • 4-minute walk to Madison Avenue Park
  • John Marshall Senior High Rated A
  • Heating System Uses Natural Gas

About This Home

As of November 2017

DUPLEX! Built in 1995, this home features 2,440 SqFt of living area and a 7,202 SqFt Lot Size. Complete with 6 Bedrooms and 2 Bathrooms. Located near Los Feliz and Silverlake areas. Close to schools, shopping, and the 101 and 5 Freeways. The first unit has 3 bedrooms and 1 full bath, with an enclosed den which could be used as a utility room. The second unit also has 3 bedrooms and 1 full bathroom + enclosed den. Each unit has separate laundry areas (individually metered for water, gas, & electricity). This home has a private entrance at the front of the unit as well as at the back with up to 6 spaces for parking. The fruit trees include oranges, lemons, mangos, and guavas.

Last Agent to Sell the Property

Grace Manlapaz

Gracie Homes Realty License #01891967 Listed on: 08/26/2017

Last Buyer's Agent

Grace Manlapaz

Gracie Homes Realty License #01891967 Listed on: 08/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,171

Year Built

  • Built in 1995

Lot Details

  • 7,202 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available

Interior Spaces

  • 2,440 Sq Ft Home
  • Great Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1913
  • Assessor Parcel Number 5542026011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $5,422
  • Operating Expense $8,122
  • Gross Income $50,400
  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,171

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 5542026011
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 415.98
  • Room Type: Great Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7202.00

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 51600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 8122.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5422.00
  • Tax Lot: 8
  • Tax Tract Number: 1913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Npsc Westmoreland Lp
Bought by
Stanley Hills Llc
Current Estimated Value
$1,389,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Outstanding Balance
$2,459,946
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$996,711

Purchase Details

Closed on
Nov 28, 2023
Sold by
Npsc Westmoreland Llc
Bought by
Npsc Westmoreland Lp

Purchase Details

Listed on
Aug 26, 2017
Closed on
Oct 5, 2017
Sold by
Rosal Bernardo R
Bought by
Npsc Westmorelarid Llc
Seller's Agent
Grace Manlapaz
Gracie Homes Realty
Buyer's Agent
Grace Manlapaz
Gracie Homes Realty
List Price
$1,100,000
Sold Price
$1,015,000
Premium/Discount to List
-$85,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Dua Raymond R
Bought by
Rosal Bernardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Hernandez Jose Dejesus and Jimenez Maria
Bought by
Rosal Bernardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.12%

Purchase Details

Closed on
Oct 19, 1995
Sold by
East End Properties Inc
Bought by
Hernandez Jose Dejesus and Jimenez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,234
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1993
Sold by
R & R Reconveyance Inc
Bought by
East End Properties Inc
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
Stanley Hills Llc $2,750,000 Fidelity National Title
Stanley Hills Llc $2,750,000 Fidelity National Title
Npsc Westmoreland Lp -- Accommodation/Courtesy Recordi
Npsc Westmorelarid Llc $1,015,000 Old Republic Title Company
Rosal Bernardo R $440,000 Diversified Title & Escrow S
Rosal Bernardo R $360,000 Commerce Title
Hernandez Jose Dejesus $215,000 Southland Title Corporation
East End Properties Inc $65,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Hills Llc $2,475,000
Closed Stanley Hills Llc $2,475,000
Previous Owner Rosal Bernardo R $731,250
Previous Owner Rosal Bernardo R $660,000
Previous Owner Rosal Bernardo R $540,000
Previous Owner Rosal Bernardo R $414,000
Previous Owner Rosal Bernardo R $396,000
Previous Owner Rosal Bernardo R $100,000
Previous Owner Rosal Bernardo R $324,000
Previous Owner Hernandez Jose Dejesus $199,234
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $1,015,000 -7.7% $416 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/26/2017 08/26/17 For Sale $1,100,000 -- $451 / 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 $19,171 $1,500,000 $1,400,000 $100,000
2024 $19,171 $1,560,000 $1,170,000 $390,000
2023 $13,770 $1,110,048 $820,233 $289,815
2022 $13,133 $1,088,283 $804,150 $284,133
2021 $12,970 $1,066,945 $788,383 $278,562
2020 $13,100 $1,056,006 $780,300 $275,706
2019 $12,584 $1,035,300 $765,000 $270,300
2018 $12,437 $1,015,000 $750,000 $265,000
2017 $5,569 $449,245 $311,980 $137,265
2016 $5,423 $440,437 $305,863 $134,574
2015 $5,344 $433,822 $301,269 $132,553
2014 $5,371 $425,325 $295,368 $129,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17216361

California Regional Multiple Listing Service (CRMLS)

APN: 5542-026-011