NOT LISTED FOR SALE

Estimated Value: $1,986,000 - $2,654,172

6 Beds
4 Baths
4,326 Sq Ft
$513/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,850,000 $428 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $13,941/month

68 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 4 Car Garage
  • Carthay Center Elementary School Rated 9+
  • Spanish Architecture
  • Laundry Room

About This Home

As of October 2022

ANOTHER PRICE REDUCTION ! and LOWER UNIT HAS GIVEN NOTICE OF MOVE OUT BY 9/15, TO BE DELIVERED VACANT. TROPHY SPANISH DUPLEX to add to your INVESTMENT PORTFOLIO. Good stable tenants. Excellent residential location at the heart of CARTHAY SQUARE HPOZ. LARGE VINTAGE CHARACTER UNITS, EACH 3 BEDROOMS, 2 BATHS. Vintage bath and kitchen tile, hardwood floors, archways, molding and other detail. Lower unit has redone kitchen. LOW PRICE PER SQUARE FOOT, per recent sales. Excellent price appreciation. No Open Houses. NOW SHOWING WITH CURRENT PROOF OF FUNDS AND/OR PREAPPROVAL. Please do not disturb tenants or walk the property. Interior photos were taken when one unit was vacant several years ago.

Last Agent to Sell the Property

John Lucy

Keller Williams Hollywood Hills License #00999877 Listed on: 07/18/2022

Keller Williams Hollywood Hills

Last Buyer's Agent

Khanh Ho

VasTree Real Estate License #02112789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,178

Year Built

  • Built in 1932

Lot Details

  • 6,500 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,326 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5087-023-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,178

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: ANOTHER PRICE REDUCTION ! and LOWER UNIT HAS GIVEN NOTICE OF MOVE OUT BY 9/15. TROPHY SPANISH DUPLEX to add to your INVESTMENT PORTFOLIO. Good stable tenants. Excellent residential location at the heart of CARTHAY SQUARE HPOZ. LARGE VINTAGE CHARACTER UNITS, EACH 3 BEDROOMS, 2 BATHS. Vintage bath and kitchen tile, hardwood floors, archways, molding and other detail. Lower unit to be delivered vacant by 9/15. LOW PRICE PER SQUARE FOOT, per recent sales. Excellent price appreciation. No Open Houses. NOW SHOWING WITH CURRENT PROOF OF FUNDS AND/OR PREAPPROVAL. Please do not disturb tenants or walk the property. Interior photos were taken when one unit was vacant several years ago.
  • Living Area: 4326
  • Lot Acreage: 0.1492
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 6
  • Laundry: Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 462.09

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Pool: No
  • Roof: Clay, Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Number Rented Garages: 4
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 31.34
  • Assessed Improvement Value: 356427
  • Assessed Land Percent: 68.66
  • Assessed Land Value: 780956
  • Total Assessed Value: 1137383
  • Assessor Parcel Number: 5087-023-009
  • Lot Size Area: 6500

Rental Info

  • Number Leased: 2
  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.46
  • Number Of Units: 2
  • Number Wall A C: 2
  • Rent Control: 100
  • Total Annual Expense: 8663
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 29, 2022
Sold by
Dieter Trattmann Trust
Bought by
Sun City Developers Llc
Seller's Agent
John Lucy
Keller Williams Hollywood Hills
Buyer's Agent
Khanh Ho
VasTree Real Estate
List Price
$2,199,000
Sold Price
$1,850,000
Premium/Discount to List
-$349,000
-15.87%
Views
12
Current Estimated Value
$2,221,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,293
Avg. Annual Appreciation
6.60%
Original Mortgage
$538,000
Outstanding Balance
$514,239
Interest Rate
4.95%
Mortgage Type
New Conventional
Estimated Equity
$1,707,054

Purchase Details

Closed on
Oct 28, 2020
Sold by
Trattmann Dieter E
Bought by
Trattmann Dieter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Trattmann Dieter
Bought by
Trattmann Dieter and The Dieter Trattmann Trust

Purchase Details

Closed on
Dec 13, 2016
Sold by
Trattmann Dietter
Bought by
Trattmann Dieter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2016
Sold by
Key Garrison
Bought by
Trattmann Dieter

Purchase Details

Closed on
Feb 12, 2008
Sold by
Trattmann Dieter
Bought by
Key Garrison

Purchase Details

Closed on
Sep 10, 2000
Sold by
Trattmann Dieter
Bought by
Key Garrison

Purchase Details

Closed on
Dec 28, 1999
Sold by
Greene Rose I
Bought by
Trattmann Dieter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.95%
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
Sun City Developers Llc $1,850,000 Stewart Title Of California In
Trattmann Dieter -- Fidelity National Title Co
Trattmann Dieter E -- Fidelity National Title Co
Trattmann Dieter -- None Available
Trattmann Dieter -- Fntg
Trattmann Dieter $1,910,000 None Available
Key Garrison -- None Available
Key Garrison -- --
Trattmann Dieter $560,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun City Developers Llc $538,000
Previous Owner Dieter Trattmann Trust $250,000
Previous Owner Dieter Trattmann Trust $250,000
Previous Owner Trattmann Dieter E $1,080,000
Previous Owner Trattmann Dieter $200,000
Previous Owner Trattmann Dieter $975,000
Previous Owner Trattmann Dieter $825,000
Previous Owner Coleman Thomas Henry $750,000
Previous Owner Coleman Thomas Henry $250,000
Previous Owner Coleman Thomas Henry $250,000
Previous Owner Collier Neal $514,000
Previous Owner Trattmann Dieter $475,000
Previous Owner Trattmann Dieter $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $1,850,000 -7.5% $428 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $1,999,000 -4.6% $462 / Sq Ft
08/16/2022 08/16/22 Price Changed $2,095,000 -4.7% $484 / Sq Ft
07/18/2022 07/18/22 For Sale $2,199,000 -- $508 / 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 $23,178 $1,924,740 $1,456,560 $468,180
2024 $23,178 $1,887,000 $1,428,000 $459,000
2023 $22,733 $1,850,000 $1,400,000 $450,000
2022 $14,061 $1,160,130 $796,575 $363,555
2021 $13,870 $1,137,383 $780,956 $356,427
2019 $13,459 $1,104,290 $757,794 $346,496
2018 $13,346 $1,082,651 $742,936 $339,715
2016 $9,005 $727,064 $467,399 $259,665
2015 $8,876 $716,144 $460,379 $255,765
2014 $8,915 $702,116 $451,361 $250,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-179661

The MLS

APN: 5087-023-009