NOT LISTED FOR SALE

1175 N New Hampshire Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $2,081,000 - $2,828,000

12 Beds
10 Baths
4,992 Sq Ft
$510/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $2,500,000 $501 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,988/month

178 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Vermont/Santa Monica Station
  • 4-minute walk to Madison Avenue Park
  • STEM Academy at Bernstein High Rated A-
  • Air Conditioning

About This Home

As of September 2023

Completely Remodeled multifamily opportunity located in charming East Hollywood . Permit parking. Fully renovated in 2015. Newly vacant unit available ! This fourplex offers three occupied units .Each Unit consists of 3 bedrooms , 2.5 full bathroom with in-laundry unit. Walking distance from restaurants and bars like Sqirl, The Virgil, Cafecito Organico , Echo park, Los Feliz, and Downtown. Theses units are brand new, spacious , bright, beautiful! Each with new appliances, hardwood floor,A/C, washer and dryers and many more. Easy access to major freeways.2 blocks from closest Metro station. Features: Air conditioning in every room-Private washer and dryer in every unit-Dish washer Hardwood floors thought-High ceilings- huge kitchens with quartz countertops-Top units include private balconies-Bottom units include large private front yards-perfect for BBQ's! Double pane Windows-Storage space-Outdoor common area great for outdoor dinners, bike storage or gardens ! Alarm system installed in each unit, Window blinds, Newly remodeled,Wall heater, stainless Steel Appliances , Gourmet Kitchen,Deck.All tenants are month to month lease. Shown by appointment only. Do not disturb tenant.

Last Agent to Sell the Property

Mariem Mabrouk

Keller Williams Beverly Hills License #02131742 Listed on: 01/24/2023

Keller Williams Beverly Hills

Last Buyer's Agent

miguel Aguayo

Custom Mtg Inc License #01455832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,648

Year Built

  • Built in 1925

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4,992 Sq Ft Home
  • Wood Flooring
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5540-021-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,648

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4992
  • Lot Acreage: 0.1550
  • Year Built: 1925
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 12
  • Laundry Equipment: Own
  • Total Bathrooms: 10.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 500.80

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car, On street
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Water Expense: 980.00

Fee Information

  • Insurance Expense: 321.00
  • Management Expense: 950.00

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 923035
  • Assessed Land Percent: 60
  • Assessed Land Value: 1384554
  • Total Assessed Value: 2307589
  • Assessor Parcel Number: 5540-021-016
  • Lot Size Area: 6750

Rental Info

  • Total Actual Rent: 13400.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Total Annual Expense: 2900
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 2446.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Cortez Monique
Bought by
Living Trust and Cortez
Current Estimated Value
$2,543,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,088,000
Outstanding Balance
$2,068,098
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$483,227

Purchase Details

Listed on
Jan 24, 2023
Closed on
Sep 7, 2023
Sold by
Desembrana Jerel B
Bought by
Cortez Monique
Seller's Agent
Mariem Mabrouk
Keller Williams Beverly Hills
Buyer's Agent
miguel Aguayo
Custom Mtg Inc
List Price
$2,150,000
Sold Price
$2,500,000
Premium/Discount to List
$350,000
16.28%
Views
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
1.03%
Original Mortgage
$2,000,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2016
Closed on
Aug 18, 2016
Sold by
Neilson Hammer Nh Llc
Bought by
Desembrana Jerel B
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Sean Rosenzweig
Marcus & Millichap
List Price
$2,150,000
Sold Price
$2,110,000
Premium/Discount to List
-$40,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$1,100,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Tahanian Lucin Valentine
Bought by
Neilson Hammer Nh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2014
Sold by
Tahanian Joseph
Bought by
Tahanian Lucin Valentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 2012
Sold by
Tahanian Lucin Valentine
Bought by
Tahanian Lucin Valentine and Roundkikian Raffi Zareh

Purchase Details

Closed on
Sep 27, 2004
Sold by
Roumdikian Zareh
Bought by
Roumdikian Zareh and Roumdikian Valentine

Purchase Details

Closed on
Mar 31, 1998
Sold by
Roumdiguian Zareh
Bought by
Roumdikian Zareh and Roumdikian Valentine
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
Living Trust $1,909,090 Chicago Title Company
Cortez Monique $2,500,000 First American Title
Desembrana Jerel B $2,110,000 North American Title Company
Neilson Hammer Nh Llc -- Priority Title
Tahanian Lucin Valentine -- Priority Title
Roumdikian Raffi Zareh -- Priority Title
Roumdikian Ohannes John -- Priority Title
Tahanian Lucin Valentine -- None Available
Roumdikian Zareh -- --
Roumdikian Zareh -- --
Roumdikian Zareh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Living Trust $2,088,000
Previous Owner Cortez Monique $2,000,000
Previous Owner Desembrana Jerel B $1,022,903
Previous Owner Desembrana Jerel B $1,100,000
Previous Owner Neilson Hammer Nh Llc $772,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $2,500,000 0.0% $501 / Sq Ft
08/07/2023 08/07/23 Price Changed $2,500,000 +16.3% $501 / Sq Ft
07/22/2023 07/22/23 For Sale $2,150,000 -14.0% $431 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/19/2023 07/19/23 Off Market $2,500,000 -- --
06/03/2023 06/03/23 Price Changed $2,150,000 -7.3% $431 / Sq Ft
03/14/2023 03/14/23 For Sale $2,320,000 -7.2% $465 / Sq Ft
03/04/2023 03/04/23 Off Market $2,500,000 -- --
01/24/2023 01/24/23 For Sale $2,415,000 +14.5% $484 / Sq Ft
09/22/2016 09/22/16 Sold $2,110,000 -1.9% $423 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $2,150,000 -- $431 / 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 $30,648 $2,550,000 $1,734,000 $816,000
2024 $30,648 $2,500,000 $1,700,000 $800,000
2023 $28,887 $2,353,740 $1,412,245 $941,495
2022 $27,542 $2,307,589 $1,384,554 $923,035
2021 $27,196 $2,262,343 $1,357,406 $904,937
2019 $26,380 $2,195,243 $1,317,146 $878,097
2018 $26,206 $2,152,200 $1,291,320 $860,880
2016 $12,862 $1,046,722 $539,097 $507,625
2015 $12,676 $1,031,000 $531,000 $500,000
2014 $1,552 $93,156 $52,774 $40,382
Source: Public Records

Agents Affiliated with this Home

  • Mariem Mabrouk

    Seller's Agent in 2023

    Mariem Mabrouk

    Keller Williams Beverly Hills

    (424) 204-2395

    1 in this area

    2 Total Sales

    Mariem Mabrouk
    Section Image

  • m

    Buyer's Agent in 2023

    miguel Aguayo

    Custom Mtg Inc

    (323) 333-5693

    1 in this area

    12 Total Sales

    miguel Aguayo
    Section Image
  • Sean Rosenzweig

    Seller's Agent in 2016

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    3 in this area

    67 Total Sales

    Sean Rosenzweig
    Section Image
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Map

Source: The MLS

MLS Number: 23-234447

The MLS

APN: 5540-021-016

California Los Angeles County Los Angeles 90029 East Hollywood

1175 N New Hampshire Ave, Los Angeles, CA

This home is located at 1175 N New Hampshire Ave, Los Angeles, CA 90029 since 24 January 2023 and is currently estimated at $2,543,908, approximately $509 per square foot. This property was built in 1925. 1175 N New Hampshire Ave is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and Helen Bernstein High School.

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