NOT LISTED FOR SALE

Estimated Value: $1,098,000 - $1,363,303

6 Beds
5 Baths
2,760 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 24, 2013

Last sale price $560,000 $203 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,683/month

48 Days on Market

Highlights

  • No HOA
  • Ulysses S. Grant Senior High School Rated A-
  • Central Heating

About This Home

As of December 2013

GREAT OPPORTUNITY IN NORTH HOLLYWOOD. Well maintained, one is a 3 Bedrooms, 2 Bathroom may be For OWNER User in process to Vacate, and the other is a 3 Bedrooms 3 Bathrooms with enclose Cart port , Laundry area for the use of the 2 houses Wood floors ,walk in closets,,huge tub Ample parking lots of Cemented area. Separately meters for gas and electricity .Separate water heathers Perfect for Owner user, Great potential for an Investor

Last Agent to Sell the Property

ALEX IZQUIERDO

METRO CITY, INC. License #00785935 Listed on: 09/17/2013

Last Buyer's Agent

Jennifer Niman

Berkshire Hathaway HomeServices California Properties License #00965903

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,740

Year Built

  • Built in 1936

Lot Details

  • 8,020 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,760 Sq Ft Home
  • Den with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8535
  • Assessor Parcel Number 2333013030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $812
  • Trash Expense $470
  • Water Sewer Expense $1,720
  • New Taxes Expense $6,600
  • Gross Income $1,850
  • Net Operating Income $38,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,740

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1720.00
  • Property Type: Residential Income
  • Parcel Number: 2333013030
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Den
  • Levels: One
  • Price Per Square Foot: 202.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 470.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8020.00
  • Lot Size Acres: 0.1840

Multi Family

  • Gross Income: 1850.00
  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 812.00
  • Lot Size Area: 8020.0000 Square Feet
  • Net Operating Income: 38079.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7520.00
  • Other Income Description: LAUNDRY
  • Rent Control: Yes
  • Total Actual Rent: 1850.00

Tax Info

  • New Taxes Expense: 6600.00
  • Tax Lot: 14
  • Tax Tract Number: 8535
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 13, 2013
Sold by
Galvan Rosario and Galvan Maria T
Bought by
Moritz Frank H and Moritz Leah
Seller's Agent
ALEX IZQUIERDO
METRO CITY, INC.
Buyer's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
List Price
$545,000
Sold Price
$560,000
Premium/Discount to List
$15,000
2.75%
Current Estimated Value
$1,276,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,326
Avg. Annual Appreciation
7.31%
Original Mortgage
$280,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
Hernandez Elena A
Bought by
Galvan Rosario and Galvan Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Pro Value Properties Inc
Bought by
Hernandez Elena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Arriaza Maria
Bought by
Pro Value Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2004
Sold by
Smith Lawrence Joseph
Bought by
Arriaza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2004
Sold by
Smith Lawrence Joseph and Smith Lorenzo
Bought by
Smith Lawrence Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 2003
Sold by
Aubry Yvette
Bought by
Smith Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,700
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Smith Lorenzo
Bought by
Smith Lorenzo and Aubry Yvette

Purchase Details

Closed on
Sep 18, 2002
Sold by
Athmer Maureen
Bought by
Smith Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1999
Sold by
Smith Lawrence Joseph
Bought by
Smith Lawrence Joseph and Cabanillas Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 1, 1997
Sold by
Rubin Morton L Co Tr Rubin Trust
Bought by
Smith Lawrence Joseph

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
7.26%
Mortgage Type
Seller Take Back
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
Moritz Frank H $560,000 Ortc
Galvan Rosario $350,000 Old Republic Title Company
Hernandez Elena A $660,000 Orange Coast Title
Pro Value Properties Inc $515,000 --
Arriaza Maria $485,000 Lawyers Title
Smith Lawrence Joseph -- Lawyers Title
Smith Lawrence Joseph -- First American Title Co
Smith Lorenzo -- --
Smith Lorenzo -- --
Smith Lorenzo $332,000 Stewart Title
Smith Lawrence Joseph -- American Title Co
Smith Lawrence Joseph $59,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moritz Frank H $274,000
Closed Moritz Frank H $280,000
Previous Owner Galvan Rosario $262,500
Previous Owner Hernandez Elena A $528,000
Previous Owner Pro Value Properties Inc $412,000
Previous Owner Pro Value Properties Inc $412,000
Previous Owner Arriaza Maria $388,000
Previous Owner Smith Lawrence Joseph $40,000
Previous Owner Smith Lorenzo $37,700
Previous Owner Smith Lorenzo $66,400
Previous Owner Smith Lorenzo $265,600
Previous Owner Smith Lawrence Joseph $15,000
Previous Owner Smith Lawrence Joseph $37,000
Previous Owner Smith Lawrence Joseph $226,500
Previous Owner Smith Lawrence Joseph $209,300
Closed Arriaza Maria $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2013 12/24/13 Sold $560,000 +2.8% $203 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $545,000 -- $197 / 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 $8,740 $686,475 $478,082 $208,393
2024 $8,740 $673,015 $468,708 $204,307
2023 $8,580 $659,819 $459,518 $200,301
2022 $8,199 $646,882 $450,508 $196,374
2021 $8,091 $634,199 $441,675 $192,524
2019 $7,860 $615,390 $428,576 $186,814
2018 $7,684 $603,324 $420,173 $183,151
2016 $7,334 $579,898 $403,858 $176,040
2015 $7,231 $571,188 $397,792 $173,396
2014 $7,264 $560,000 $390,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13189148

California Regional Multiple Listing Service (CRMLS)

APN: 2333-013-030