NOT LISTED FOR SALE

Estimated Value: $1,423,000 - $1,995,122

6 Beds
4 Baths
3,172 Sq Ft
$535/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $1,370,000 $432 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,408/month

77 Days on Market

Highlights

  • 4 Car Attached Garage
  • Air Conditioning
  • Central Heating

About This Home

As of August 2018

Pacific Union Commercial is proud to offer for sale this beautifully maintained 3,172 square foot duplex located at 1215 S. Citrus Ave. in the Mid-Wilshire neighborhood. Both up and down units have 3 beds, 2 baths, a laundry room (machines owned by Seller) and a sizable living room. There are two 2-car garages, central air and several other upgrades that still maintain it's original charm and character. Both tenants have been there for around 5 years and would prefer to stay but an owner/user may move in as well.Currently leased well below market, the units are move-in ready or can be fully updated to capture the market rents. Each unit is approximately 1,585 square feet on a 6,250 square foot R3-1 lot. Lemon and Lychee fruit trees surround the property with new zero-maintenance landscaping. Don't miss this great opportunity in a booming area!

Last Agent to Sell the Property

Yeshia Braverman

Keller Williams Beverly Hills License #01861842 Listed on: 04/12/2018

Keller Williams Beverly Hills

Co-Listed By

Dario Svidler

Keller Williams Beverly Hills License #01884474

Last Buyer's Agent

Yeshia Braverman

Keller Williams Beverly Hills License #01861842 Listed on: 04/12/2018

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,762

Year Built

  • Built in 1936

Lot Details

  • 6,249 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-027-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,762

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3172
  • Stories: 2
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 487.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 443700
  • Assessed Land Value: 678300
  • Assessor Parcel Number: 5084-027-026
  • Geocode Override: No
  • Lot Size Area: 6249

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.99
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Scala Llc
Bought by
Tack Jessica and Rizzuti Nicholas
Current Estimated Value
$1,697,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,250
Outstanding Balance
$1,055,950
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$641,331

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 22, 2018
Sold by
Mayer Ralph
Bought by
Scala Llc
Seller's Agent
Yeshia Braverman
Keller Williams Beverly Hills
Buyer's Agent
Yeshia Braverman
Keller Williams Beverly Hills
List Price
$1,595,000
Sold Price
$1,370,000
Premium/Discount to List
-$225,000
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$822,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2015
Sold by
Mayer Ralph
Bought by
Mayer Ralph and Rmdoc Trust

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bandak Christopher
Bought by
Mayer Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Agins P Genie
Bought by
Bandak Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Wilson Dorothy M
Bought by
Wilson Dorothy A and Dorothy A Wilson Family Living Trust

Purchase Details

Closed on
Apr 26, 2000
Sold by
Wilson Dorothy A
Bought by
Wilson Dorothy A and Dorothy A Wilson Family Living Trust

Purchase Details

Closed on
Feb 7, 1996
Sold by
Wilson Dorothy A
Bought by
Wilson Dorothy A and Dorothy A Wilson Family Trust

Purchase Details

Closed on
Jan 26, 1996
Sold by
Wilson Roderick W
Bought by
Wilson Roderick W and Roderick W Wilson Family Trust
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
Tack Jessica $1,443,000 Lawyers Title
Scala Llc $1,370,000 Fidelity National Title Comp
Mayer Ralph -- None Available
Mayer Ralph $1,075,000 Equity Title
Bandak Christopher $750,000 Fidelity National Title Co L
Wilson Dorothy A -- Fidelity National Title Co L
Wilson Dorothy A -- Fidelity National Title Co L
Wilson Dorothy A -- --
Wilson Dorothy A -- --
Wilson Roderick W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tack Jessica $1,082,250
Previous Owner Scala Llc $822,000
Previous Owner Mayer Ralph $750,000
Previous Owner Bandak Christopher $600,000
Closed Bandak Christopher $150,000
Closed Mayer Ralph $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $1,370,000 -11.3% $432 / Sq Ft
05/17/2018 05/17/18 Price Changed $1,545,000 -3.1% $487 / Sq Ft
04/12/2018 04/12/18 For Sale $1,595,000 -- $503 / 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 $17,762 $1,471,860 $880,260 $591,600
2024 $17,762 $1,443,000 $863,000 $580,000
2023 $18,072 $1,468,914 $857,760 $611,154
2022 $17,236 $1,440,113 $840,942 $599,171
2021 $17,017 $1,411,876 $824,453 $587,423
2019 $16,509 $1,370,000 $800,000 $570,000
2018 $14,016 $1,144,440 $691,866 $452,574
2016 $13,391 $1,100,000 $665,000 $435,000
2015 $13,274 $1,090,000 $659,100 $430,900
2014 $13,156 $1,055,000 $637,800 $417,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-332312

The MLS

APN: 5084-027-026