NOT LISTED FOR SALE

Estimated Value: $1,193,979

4 Beds
4 Baths
1,904 Sq Ft
$627/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $825,000 $433 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,410/month

281 Days on Market

About This Home

As of January 2018

Pleased to present an investment property in the great North Hollywood market. The property has a front facing Insurance company and three residential units including a single, a 1 Bed 1 Bath and a 2 Bed 1 Bath home. The zoning of the property is C-2 which will have great current and future value for a development.

Last Agent to Sell the Property

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 03/27/2017

Last Buyer's Agent

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 03/27/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,681 Sq Ft Lot

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2338-002-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

6,681 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1904
  • Stories: 2
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 455.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 36346
  • Assessed Land Value: 129831
  • Assessor Parcel Number: 2338-002-008
  • Geocode Override: No
  • Lot Size Area: 6681

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.49
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Baek Won K
Bought by
La Maum Center
Current Estimated Value
$1,193,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$409,257
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$784,722

Purchase Details

Closed on
Apr 11, 2018
Sold by
La Maum Center
Bought by
Baek Won K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$409,257
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$784,722

Purchase Details

Closed on
Apr 10, 2018
Sold by
Han Hae Jung
Bought by
Baek Won K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$409,257
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$784,722

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jan 12, 2018
Sold by
Han Hae Jung
Bought by
Baek Won K
Seller's Agent
Jon Emrani
Marcus & Millichap
Buyer's Agent
Jon Emrani
Marcus & Millichap
List Price
$868,000
Sold Price
$825,000
Premium/Discount to List
-$43,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$453,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jan 10, 2018
Sold by
Karopian Margaret
Bought by
La Maum Center
Seller's Agent
Jon Emrani
Marcus & Millichap
Buyer's Agent
Jon Emrani
Marcus & Millichap
List Price
$868,000
Sold Price
$825,000
Premium/Discount to List
-$43,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Karopian Margaret
Bought by
The Margaret Karopian Living Trust

Purchase Details

Closed on
May 13, 2004
Sold by
Karopian Margaret
Bought by
Karopian Margaret

Purchase Details

Closed on
Feb 2, 1998
Sold by
Shahinian Margaret
Bought by
Shahinian Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
La Maum Center -- None Available
Baek Won K -- Provident Title Company
Baek Won K -- Provident Title Company
Baek Won K -- North American Title Company
La Maum Center $825,000 North American Title Company
The Margaret Karopian Living Trust -- --
Karopian Margaret -- --
Shahinian Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baek Won K $476,000
Previous Owner La Maum Center $453,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $825,000 -5.0% $433 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $868,000 0.0% $456 / Sq Ft
01/02/2018 01/02/18 Price Changed $868,000 -0.1% $456 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $869,000 -0.1% $456 / Sq Ft
08/07/2017 08/07/17 Price Changed $870,000 -0.6% $457 / Sq Ft
06/22/2017 06/22/17 Price Changed $875,000 -0.6% $460 / Sq Ft
05/23/2017 05/23/17 For Sale $880,000 0.0% $462 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $880,000 -- $462 / Sq Ft
Source: The MLS

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 $365 $938,705 $568,913 $369,792
2024 $365 $920,300 $557,758 $362,542
2023 $365 $902,256 $546,822 $355,434
2022 $494 $884,565 $536,100 $348,465
2021 $347 $867,222 $525,589 $341,633
2019 $345 $841,500 $510,000 $331,500
2018 $2,450 $173,088 $135,075 $38,013
2016 $2,330 $166,177 $129,831 $36,346
2015 $2,351 $163,682 $127,881 $35,801
2014 $2,315 $160,476 $125,376 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-215238

The MLS

APN: 2338-002-008

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