NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $1,438,360

4 Beds
4 Baths
2,194 Sq Ft
$605/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,063,875 $485 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,368/month

69 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Bathtub with Shower
  • STEM Academy at Bernstein High Rated A-
  • Bamboo Flooring
  • 1-Story Property

About This Home

As of May 2021

2 Hollywood Homes on 1 lot. 3 large Outdoor Spaces (patios, stunning 360 rooftop) for Entertaining & Recreation & Home Office. Great investment opportunity in rapidly developing area. Previously gained a cap rate of above 6 % for both units rented. FRONT: Craftsman features 3 bed & 2 baths. Contemp. flair. French Doors add that touch of class that continues throughout & invites to step out to an expansive patio & deck ideal for entertainment or private enjoyment as a zen-inspired deck for yoga, relaxation or writing that next great screenplay! Laundry in unit.Back House: Built in 2016 modern w/ 15 foot high ceilings & French Doors open to private entertainment deck. 2nd floor: massive en suite Master Bedroom Loft. Free-standing bath tub w/ city views. 1.5 baths & bamboo floors throughout. Large ROOFTOP w/ breath-taking panoramic views of downtown, Hollywood sign etc. Currently tenant occupied. Minutes to the epicenter of entertainment.

Last Agent to Sell the Property

Tanya Stawski

Sotheby's International Realty License #01918308 Listed on: 03/02/2021

Sotheby's International Realty

Last Buyer's Agent

Ahmed Mirza

Rodeo Realty License #00977724

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,825

Year Built

  • Built in 1915

Lot Details

  • 4,450 Sq Ft Lot
  • Lot Dimensions are 50x89

Interior Spaces

  • 2,194 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Oven or Range

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 5537-016-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,825

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2194
  • Lot Acreage: 0.1022
  • Lot Dimensions: 50x89
  • Probate: No
  • Stories: 1
  • Year Built: 1915
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Bamboo, Tile
  • Bedrooms: 4
  • Bedroom Features: Master Suite
  • Bathroom Features: Shower Over Tub, Tub Only
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 514.13

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Heating: Wall Gas, Wall Electric

Lot Info

  • Assessed Improvement Percent: 51.11
  • Assessed Improvement Value: 247809
  • Assessed Land Percent: 48.89
  • Assessed Land Value: 237007
  • Total Assessed Value: 484816
  • Assessor Parcel Number: 5537-016-011
  • Lot Size Area: 4450

Rental Info

  • Owner Pays: Gardener

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.26
  • Number Of Units: 2
  • Total Annual Expense: 2166
  • Type Of Units: houses
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 14, 2021
Sold by
Kratzer Silvia Cornelia
Bought by
Abbas Ghulam and The Abbas Family Revocable Tru
Seller's Agent
Tanya Stawski
Sotheby's International Realty
Buyer's Agent
Ahmed Mirza
Rodeo Realty
List Price
$1,128,000
Sold Price
$1,063,875
Premium/Discount to List
-$64,125
-5.68%
Current Estimated Value
$1,327,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,215
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Xu Jing Liang and Lei Lian Ai
Bought by
Kratzer Silvia Cornelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,300
Interest Rate
7.24%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Xu Jim Liang and Lei Lian Ai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.26%

Purchase Details

Closed on
May 23, 1997
Sold by
Unpingco Anthony and Unpingco Lucita
Bought by
Federal Home Loan Mortgage Corporation
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
Abbas Ghulam $1,064,000 Equity Title Los Angeles
Kratzer Silvia Cornelia $226,000 Fidelity National Title Co
Xu Jim Liang $125,000 Chicago Title Co
Federal Home Loan Mortgage Corporation $115,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kratzer Silvia Cornelia $55,000
Previous Owner Kratzer Silvia Cornelia $609,736
Previous Owner Kratzer Silvia Cornelia $135,000
Previous Owner Kratzer Silvia Cornelia $56,000
Previous Owner Kratzer Silvia Cornelia $560,000
Previous Owner Kratzer Silvia Cornelia $356,000
Previous Owner Kratzer Silvia Cornelia $87,000
Previous Owner Kratzer Silvia Cornelia $260,000
Previous Owner Kratzer Silvia Cornelia $209,300
Previous Owner Xu Jim Liang $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 For Sale $1,128,000 +6.0% $514 / Sq Ft
05/24/2021 05/24/21 Sold $1,063,875 0.0% $485 / Sq Ft
04/14/2021 04/14/21 Off Market $1,063,875 -- --
03/02/2021 03/02/21 For Sale $1,128,000 -- $514 / 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 $13,825 $1,151,706 $865,945 $285,761
2024 $13,825 $1,129,124 $848,966 $280,158
2023 $13,556 $1,106,985 $832,320 $274,665
2022 $12,921 $1,085,280 $816,000 $269,280
2021 $6,364 $519,817 $254,117 $265,700
2020 $6,426 $514,488 $251,512 $262,976
2019 $6,175 $504,401 $246,581 $257,820
2018 $6,120 $494,512 $241,747 $252,765
2016 $4,582 $374,732 $232,360 $142,372
2015 $3,525 $286,021 $228,870 $57,151
2014 $3,543 $280,419 $224,387 $56,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-699720

The MLS

APN: 5537-016-011