NOT LISTED FOR SALE

Estimated Value: $1,896,000 - $2,252,020

6 Beds
4 Baths
3,577 Sq Ft
$584/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $1,540,000 $431 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $12,731/month

64 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 4 Car Garage
  • Carthay Center Elementary School Rated 9+

About This Home

As of July 2019

Character abounds in this lovely 1933 Spanish-style duplex. Centrally located in the Wilshire Vista area, each unit offers three bedrooms and two baths showcasing spacious formal living and dining rooms, bright kitchens with breakfast areas, and much more... Additionally, each unit offers wood flooring, original character details and tile, abundant storage, laundry areas, private outdoor spaces, and their own two car garage. The Lower unit is currently owner occupied, however it will be delivered vacant allowing for an ideal owner-user or investor opportunity alike.

Last Agent to Sell the Property

Nicholas S. Cacarnakis

Berkshire Hathaway HomeServices California Properties License #01218053 Listed on: 04/12/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Susan K Sanford

Berkshire Hathaway HomeServices California Properties License #01965277

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,359

Year Built

  • Built in 1933

Lot Details

  • 7,519 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,577 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5085-024-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,359

Year Built

Built in 1933

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Character abounds in this lovely 1933 Spanish-style duplex. Centrally located in the Wilshire Vista area, each unit offers three bedrooms and two baths showcasing spacious formal living and dining rooms, bright kitchens with breakfast areas, and much more... Additionally, each unit offers wood flooring, original character details and tile, abundant storage, laundry areas, private outdoor spaces, and their own two car garage. The Lower unit is currently owner occupied, however it will be delivered vacant allowing for an ideal owner-user or investor opportunity alike.
  • Living Area: 3577
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 6
  • Bathroom Features: Tile
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 461.00

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 2
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 2
  • Number Gas Meters: 2

Lot Info

  • Assessed Improvement Value: 202612
  • Assessed Land Value: 349851
  • Assessor Parcel Number: 5085-024-023
  • Geocode Override: No
  • Lot Size Area: 7519

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 19, 2019
Sold by
Endemann Edmund F
Bought by
Rea Robert Riley and Sourikoff Julia Blake
Seller's Agent
Nicholas S. Cacarnakis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan K Sanford
Berkshire Hathaway HomeServices California Properties
List Price
$1,699,000
Sold Price
$1,540,000
Premium/Discount to List
-$159,000
-9.36%
Current Estimated Value
$2,087,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,255
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,155,000
Outstanding Balance
$1,009,709
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,077,546

Purchase Details

Closed on
Sep 29, 1998
Sold by
Peach Tree Partners
Bought by
Endemann Edmund F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,600
Interest Rate
6.71%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Baldaof Jill C
Bought by
Peach Tree Partners

Purchase Details

Closed on
Aug 17, 1994
Sold by
Berman Howard L
Bought by
Peach Tree Partners
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rea Robert Riley $1,540,000 Orange Coast Title
Endemann Edmund F $409,500 First American Title Co
Peach Tree Partners -- Old Republic Title
Peach Tree Partners $5,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Robert Riley $1,155,000
Previous Owner Endemann Edmund F $327,600
Closed Endemann Edmund F $40,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $1,540,000 -6.6% $431 / Sq Ft
05/22/2019 05/22/19 Price Changed $1,649,000 -2.9% $461 / Sq Ft
04/12/2019 04/12/19 For Sale $1,699,000 -- $475 / 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 $20,359 $1,684,210 $1,246,754 $437,456
2024 $20,359 $1,651,187 $1,222,308 $428,879
2023 $19,969 $1,618,812 $1,198,342 $420,470
2022 $19,048 $1,587,072 $1,174,846 $412,226
2021 $18,806 $1,555,954 $1,151,810 $404,144
2020 $18,998 $1,540,000 $1,140,000 $400,000
2019 $7,183 $574,781 $363,984 $210,797
2018 $7,106 $563,512 $356,848 $206,664
2016 $6,768 $541,632 $342,992 $198,640
2015 $6,672 $533,497 $337,840 $195,657
2014 $6,704 $523,048 $331,223 $191,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-454450

The MLS

APN: 5085-024-023