NOT LISTED FOR SALE

Estimated Value: $2,443,000 - $2,528,175

-- Bed
1 Bath
4,155 Sq Ft
$598/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $1,774,000 $427 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,750/month

302 Days on Market

About This Home

As of August 2019

Application Fee: $62.00, effective immediately, non-refundable.


This building is in the beautiful neighborhood of Carthay Square and is minutes away from some of Los Angeles's best to offer, The Grove, LACMA, Paramount Pictures, and Hollywood. You are right at the center of it all, and if you have places to be, then the 10 freeway is only a short drive away! Join our community today!
MANAGED BY: Mashcole Property Management INC

IT490702 - IT49MC665

Last Agent to Sell the Property

Jen Stein

Keller Williams Realty Santa Barbara License #01786020 Listed on: 08/29/2018

Keller Williams Realty Santa Barbara

Last Buyer's Agent

Tim Paulson

Rooster Homes License #02020103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,798

Year Built

  • Built in 1927

Lot Details

  • 7,134 Sq Ft Lot

Parking

  • 5 Parking Spaces

Interior Spaces

  • 4,155 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5086-014-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,798

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4155
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 445.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Expense: 2000.00

Fee Information

  • Insurance Expense: 2400.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessor Parcel Number: 5086-014-017
  • Geocode Override: No
  • Lot Size Area: 7134

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 17.35
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 30525
  • Type Of Units: 5 Units
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 24375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Aug 27, 2019
Sold by
Arbo Properties Llc
Bought by
Bonsai Court Llc
Seller's Agent
Jen Stein
Keller Williams Realty Santa Barbara
Buyer's Agent
Tim Paulson
Rooster Homes
List Price
$2,050,000
Sold Price
$1,774,000
Premium/Discount to List
-$276,000
-13.46%
Current Estimated Value
$2,485,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,588
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,435,000
Outstanding Balance
$1,271,046
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,237,621

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jul 31, 2019
Sold by
Hoshino Kazuko
Bought by
Hefner William R
Seller's Agent
Jen Stein
Keller Williams Realty Santa Barbara
Buyer's Agent
Tim Paulson
Rooster Homes
List Price
$2,050,000
Sold Price
$1,774,000
Premium/Discount to List
-$276,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Outstanding Balance
$1,271,046
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,237,621

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jul 18, 2019
Sold by
Holt Glenda
Bought by
Arbo Properties Llc
Seller's Agent
Jen Stein
Keller Williams Realty Santa Barbara
Buyer's Agent
Tim Paulson
Rooster Homes
List Price
$2,050,000
Sold Price
$1,774,000
Premium/Discount to List
-$276,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Outstanding Balance
$1,271,046
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,237,621

Purchase Details

Closed on
Nov 9, 2012
Sold by
Holt Glenda and Holt Glenda S
Bought by
Holt Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 21, 2007
Sold by
Holt Glenda S
Bought by
Holt Glenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,750
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 1999
Sold by
Holt Aline
Bought by
Holt Aline and Holt Glenda S
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
Bonsai Court Llc -- Accommodation
Hefner William R -- Fidelity National Title Co
Arbo Properties Llc $1,774,000 Fidelity National Title Co
Holt Glenda -- Chicago Title Company
Holt Glenda S -- United Title Company-La
Holt Aline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hefner William R $1,435,000
Previous Owner Arbo Properties Llc $1,435,000
Previous Owner Holt Glenda $500,000
Previous Owner Holt Glenda S $464,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Off Market -- -- --
01/17/2025 01/17/25 For Rent -- -- --
06/07/2022 06/07/22 For Rent -- -- --
05/18/2022 05/18/22 For Rent -- -- --
08/06/2019 08/06/19 Sold $1,774,000 -4.1% $427 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $1,850,000 -2.6% $445 / Sq Ft
04/30/2019 04/30/19 Price Changed $1,899,000 -2.6% $457 / Sq Ft
02/07/2019 02/07/19 Price Changed $1,950,000 -1.3% $469 / Sq Ft
09/28/2018 09/28/18 Price Changed $1,975,000 -3.7% $475 / Sq Ft
08/29/2018 08/29/18 For Sale $2,050,000 -- $493 / 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
2024 $23,798 $1,902,082 $1,269,485 $632,597
2023 $23,349 $1,864,788 $1,244,594 $620,194
2022 $22,287 $1,828,225 $1,220,191 $608,034
2021 $22,009 $1,792,378 $1,196,266 $596,112
2020 $22,241 $1,774,150 $1,174,000 $600,150
2019 $2,445 $127,351 $56,895 $70,456
2018 $2,336 $124,858 $55,780 $69,078
2016 $2,166 $119,867 $53,615 $66,252
2015 $2,144 $118,067 $52,810 $65,257
2014 $2,187 $115,755 $51,776 $63,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-376092

The MLS

APN: 5086-014-017