NOT LISTED FOR SALE

1220 Myra Ave Los Angeles, CA 90029

Estimated Value: $1,706,000 - $2,128,000

4 Beds
3 Baths
1,827 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $1,422,500 $779 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,042/month

38 Days on Market

About This Home

As of May 2019

Welcome to this impeccably remodeled triplex, located near the epicenter of Silver Lake. Delivered fully occupied with great tenants at market rents, the property features redone kitchens with stainless steel appliances, wood floors and ornate vintage fixtures, laundry in all units, and individual outdoor entertaining zones for each unit. All just minutes away from the shops, restaurants, and experiences that make Silver Lake so wildly popular. Whether its a 1031 exchange or a first time income property buyer, it's a must see! Drive by only. Zoned: LARD2. TOC - tier 2. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Ed Faktorovich

Figure 8 Realty License #01401897 Listed on: 02/14/2019

Co-Listed By

Katherine Gallivan

Compass License #02001740

Last Buyer's Agent

Kevin Yang

Sky Chain Realty License #02070479

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,032

Year Built

  • Built in 1924

Lot Details

  • 4,231 Sq Ft Lot

Home Design

  • 1,827 Sq Ft Home
  • Triplex

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5429-011-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,032

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1827
  • Year Built: 1924
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 818.28

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Combination

Lot Info

  • Assessed Improvement Value: 211248
  • Assessed Land Value: 602059
  • Assessor Parcel Number: 5429-011-003
  • Geocode Override: No
  • Lot Size Area: 4231

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.30
  • Number Of Units: 3
  • Total Annual Expense: 22949
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 16, 2019
Sold by
Interstellar Spaces Llc
Bought by
1220 Myra Llc
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Kevin Yang
Sky Chain Realty
List Price
$1,495,000
Sold Price
$1,422,500
Premium/Discount to List
-$72,500
-4.85%
Current Estimated Value
$1,918,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,402
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Szmanda Eric
Bought by
Interstellar Properties Llc

Purchase Details

Listed on
Aug 26, 2013
Closed on
Oct 2, 2013
Sold by
Normandin Lennol Nicole and Normandin Lennol Suzanne
Bought by
Szmanda Eric Kyle
Seller's Agent
Mark Meyer
Nourmand & Associates-HW
Buyer's Agent
Ed Faktorovich
Figure 8 Realty
List Price
$765,000
Sold Price
$770,000
Premium/Discount to List
$5,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$539,000
Interest Rate
4.16%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2012
Sold by
Normandin Lennol Nicole and Normandin Lennol Suzanne
Bought by
Normandin Lennol Nicole and Normandin Lennol Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,571
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Madzharyan Marine
Bought by
Normandin Lennol Nicole and Normandin Lennol Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,900
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Yerikyan Movses
Bought by
Madzharyan Marine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Keedpinyo Jack P and Kerdpinyo Rumpeuy
Bought by
Chuaycharoensuk Nopakhun and Phomamala Somnuk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.84%
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
1220 Myra Llc $1,422,500 Lawyers Title
Interstellar Spaces Llc -- Lawyers Title
Interstellar Properties Llc -- None Available
Szmanda Eric Kyle $770,000 Equity Title Company
Normandin Lennol Nicole -- First American Title Company
Lennol Nicole -- First American Title Company
Normandin Lennol Nicole $577,000 Fatcola
Madzharyan Marine -- California Counties Title
Madzharyan Marine $390,000 California Counties Title Co
Chuaycharoensuk Nopakhun $275,000 Commonwealth Land Title Co
Chuaycharoensuk Nopakhun -- Commonwealth Land Title Co
Phomamala Somnuk -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szmanda Eric Kyle $539,000
Previous Owner Normandin Lennol Nicole $381,571
Previous Owner Lennol Nicole $200,000
Previous Owner Normandin Lennol Nicole $403,900
Previous Owner Madzharyan Marine $312,000
Previous Owner Chuaycharoensuk Nopakhun $220,000
Closed Normandin Lennol Nicole $57,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $1,422,500 -4.8% $779 / Sq Ft
02/14/2019 02/14/19 For Sale $1,495,000 +94.2% $818 / Sq Ft
10/19/2013 10/19/13 Sold $770,000 +0.7% $421 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $765,000 -- $419 / 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 $19,032 $1,586,820 $1,227,068 $359,752
2024 $19,032 $1,555,707 $1,203,008 $352,699
2023 $18,662 $1,525,204 $1,179,420 $345,784
2022 $17,790 $1,495,299 $1,156,295 $339,004
2021 $17,577 $1,465,980 $1,133,623 $332,357
2020 $17,758 $1,450,950 $1,122,000 $328,950
2019 $10,282 $846,163 $626,382 $219,781
2018 $10,182 $829,572 $614,100 $215,472
2016 $9,711 $797,360 $590,254 $207,106
2015 $9,570 $785,384 $581,388 $203,996
2014 $9,614 $770,000 $570,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Ed Faktorovich

    Seller's Agent in 2019

    Ed Faktorovich

    Figure 8 Realty

    (323) 270-9303

    7 in this area

    77 Total Sales

    Ed Faktorovich
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Katherine Gallivan

    Compass

    Section Image

  • K

    Buyer's Agent in 2019

    Kevin Yang

    Sky Chain Realty

  • Mark Meyer

    Seller's Agent in 2013

    Mark Meyer

    Nourmand & Associates-HW

    (310) 365-8565

    1 in this area

    35 Total Sales

    Mark Meyer
    Section Image
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Map

Source: The MLS

MLS Number: 19-433510

The MLS

APN: 5429-011-003

California Los Angeles County Los Angeles 90027

1220 Myra Ave, Los Angeles, CA

This home is located at 1220 Myra Ave, Los Angeles, CA 90029 since 14 February 2019 and is currently estimated at $1,918,902, approximately $1,050 per square foot. This property was built in 1924. 1220 Myra Ave is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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