NOT LISTED FOR SALE

Estimated Value: $1,494,000 - $2,269,332

3 Beds
2 Baths
1,734 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $1,450,000 $836 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,331/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Wood Fence

About This Home

As of April 2024

Calling all investors, land developers and future home owners that want to build units, possibly condos or 2 or 3 story building. According to the property assessors this property is zoned LARD1.5 and the lot measures 8,382sqft, but we encourage all potential buyers to perform their due diligence as all information may not be accurate or reliable. What you are buying here is the land with endless possibilities to build on. This property has not been put in the market in over 45 years. But, the time has come and this sought after location. This property is located to walking distance to Santa Monica and Highland, Trejo's Coffee and Donuts and Hollywood High School. There are many trendy restaurants, cafe' and bars near by and home of the world famous Hollywood Blvd. This property can shown by appointment only. We encourage everyone to submit all offers as they will be presented as they come. Don't forget to submit proof of assets along with your offer. We are looking for only cash offers only and the property will be sold as is condition.

Last Agent to Sell the Property

Carlos Barrera

SB REAL ESTATE Brokerage Phone: 626-831-1481 License #01351042 Listed on: 07/16/2022

Last Buyer's Agent

Carlos Barrera

SB REAL ESTATE Brokerage Phone: 626-831-1481 License #01351042 Listed on: 07/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,567

Year Built

  • Built in 1913

Lot Details

  • 8,382 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • On-Street Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,734 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Source of electricity is unknown
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 13 / D
  • Tax Tract Number 13
  • Assessor Parcel Number 5532005014
  • $399 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,567

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 850000
  • Property Attached: Yes
  • Road Surface Type: Privately Maintained, Paved
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5532005014
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 836.22
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Street, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Laundry: No
  • Appliances: Gas Range, Water Heater
  • Electric: Electricity - Unknown
  • Sewer: Public Sewer
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 8382.00
  • Lot Size Acres: 0.1924

Multi Family

  • Lot Size Area: 8382.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: D
  • Tax Census Tract: 1919.01
  • Tax Lot: 13
  • Tax Tract Number: 13
  • TaxOtherAnnualAssessmentAmount: 399.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Jorge Marino Villavicencio Guerrero Trus and Milian Rosa Elena
Bought by
1201 N Mccadden Pl Llc
Current Estimated Value
$1,747,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.94%
Mortgage Type
New Conventional
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
1201 N Mccadden Pl Llc $1,450,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1201 N Mccadden Pl Llc $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $1,450,000 -14.7% $836 / Sq Ft
12/15/2023 12/15/23 For Sale $1,700,000 0.0% $980 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $1,700,000 -- $980 / 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 $22,567 $1,479,000 $1,428,000 $51,000
2024 $22,567 $1,846,710 $1,768,680 $78,030
2023 $1,570 $103,208 $72,145 $31,063
2022 $1,513 $101,185 $70,731 $30,454
2021 $1,482 $99,202 $69,345 $29,857
2020 $1,491 $98,185 $68,634 $29,551
2019 $1,445 $96,261 $67,289 $28,972
2018 $1,338 $94,374 $65,970 $28,404
2016 $1,265 $90,711 $63,409 $27,302
2015 $1,249 $89,349 $62,457 $26,892
2014 $1,269 $87,600 $61,234 $26,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22156814

California Regional Multiple Listing Service (CRMLS)

APN: 5532-005-014