$1,550,000
SOLD AUG 10, 2016
10 Beds
4 Baths
3,633 Sq Ft
6,403 Sq Ft Lot

Recently Sold

$427 Per Sq Ft

6 Days on Market

About This Home

As of October 2017

Four-unit compound, located in one of Los Angeles' most CENTRAL and in-demand neighborhoods for both tenants and owners alike; in close proximity and easy access to major employment hubs and entertainment venues. Situated on a quiet, tree lined block, which is principally comprised of Single Family Homes, the property consists of two separate structures. The front duplex features two Three-Bedroom units. The rear structure features two Two-Bedroom units, above four single car garages. Opportunity to create private patios/dedicated outdoor areas for each unit and to add a second bathroom to the Three-Bedroom units. 4 separate water heaters; all units are separately metered for gas and electric utilities, keeping Landlord expenses low. Rents are projections for After Repair Value. Expenses are estimates. Property needs work, FIXER, and is being sold As-Is.

Last Agent to Sell the Property

Elijah Korobkin

Central Realty Advisors Inc License #01897085 Listed on: 07/25/2016

Last Buyer's Agent

Elijah Korobkin

Central Realty Advisors Inc License #01897085 Listed on: 07/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,372

Year Built

  • Built in 1926

Lot Details

  • 6,403 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,633 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5070-005-022

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,372

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3633
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 426.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 280494
  • Assessed Land Value: 587508
  • Assessor Parcel Number: 5070-005-022
  • Geocode Override: No
  • Lot Size Area: 6403

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.50
  • Number Of Units: 4
  • Total Annual Expense: 36750
  • Type Of Units: Fourplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Shirdel Family Trust and Shirdel Shahrouz
Bought by
Ge Sycamore Llc

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 3, 2017
Sold by
Nicole Properties Llc
Bought by
Rezapoor Neda
Seller's Agent
jennifer saginor
The Beverly Hills Estates
Buyer's Agent
Shawn Shirdel
Sotheby's International Realty
List Price
$2,100,000
Sold Price
$2,080,000
Premium/Discount to List
-$20,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$1,664,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Aug 1, 2016
Sold by
Gk Housing Llc
Bought by
Nicole Properties Llc
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Elijah Korobkin
Central Realty Advisors Inc
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.58%

Purchase Details

Listed on
May 27, 2015
Closed on
Apr 25, 2016
Sold by
Kim Daniel S and Kim Susan U
Bought by
Gk Housing Llc
Seller's Agent
John Cho
JC Realty & Investment Co.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,219,000
Sold Price
$1,100,000
Premium/Discount to List
-$119,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.14%
Original Mortgage
$660,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 4, 2013
Closed on
Oct 4, 2013
Sold by
Hu Rosa
Bought by
Kim Daniel S and Kim Susan U
Seller's Agent
Suzanne Galvan
Equity Union
Buyer's Agent
John Cho
JC Realty & Investment Co.
List Price
$800,000
Sold Price
$851,000
Premium/Discount to List
$51,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$550,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2007
Sold by
Hu Rosa and Hu Shirley
Bought by
Hu Rosa

Purchase Details

Closed on
Feb 5, 2001
Sold by
Hu Shirley
Bought by
Hu Shirley and Hu Rosa R

Purchase Details

Closed on
Oct 10, 2000
Sold by
Hu John
Bought by
Hu Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 1999
Sold by
American Estate Investments Inc
Bought by
Amona Pirooz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 1999
Sold by
Boardley Stephen
Bought by
American Estate Investments Inc

Purchase Details

Closed on
Jun 3, 1997
Sold by
Boardley Stephen
Bought by
Boardley Stephen and Boardley Lori

Purchase Details

Closed on
Dec 13, 1994
Sold by
Emc Mtg Corp
Bought by
Boardley Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Nov 8, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,080,000 Provident Title
Quit Claim Deed -- Provident Title
Grant Deed $1,550,000 Ticor Title
Grant Deed $1,100,000 None Available
Grant Deed $851,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Gift Deed -- First Southwestern Title
Interfamily Deed Transfer -- Fidelity Title Company
Grant Deed -- Fidelity Title Company
Grant Deed -- Fidelity Title Company
Grant Deed -- Fidelity Title
Trustee Deed -- --
Gift Deed -- --
Grant Deed $206,000 Fidelity National Title Ins
Grant Deed $157,500 Fidelity National Title
Trustee Deed $169,395 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,664,000 New Conventional
Previous Owner $660,000 Commercial
Previous Owner $550,000 Commercial
Previous Owner $305,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $231,000 Commercial
Previous Owner $185,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $2,195,000 -4.4% $544 / Sq Ft
05/06/2025 05/06/25 For Sale $2,295,000 +10.3% $569 / Sq Ft
10/12/2017 10/12/17 Sold $2,080,000 -1.0% $573 / Sq Ft
08/23/2017 08/23/17 For Sale $2,100,000 0.0% $578 / Sq Ft
04/19/2017 04/19/17 Rented $3,130 +1.0% --
04/17/2017 04/17/17 Off Market $3,100 -- --
04/10/2017 04/10/17 For Rent $3,100 0.0% --
08/10/2016 08/10/16 Sold $1,550,000 0.0% $427 / Sq Ft
07/25/2016 07/25/16 For Sale $1,550,000 +40.9% $427 / Sq Ft
05/03/2016 05/03/16 Sold $1,100,000 -9.8% $303 / Sq Ft
05/27/2015 05/27/15 For Sale $1,219,000 +43.2% $336 / Sq Ft
11/21/2013 11/21/13 Sold $851,000 +6.4% $234 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $800,000 -- $220 / 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 $28,372 $2,366,682 $1,797,769 $568,913
2024 $28,372 $2,320,277 $1,762,519 $557,758
2023 $27,823 $2,274,782 $1,727,960 $546,822
2022 $26,530 $2,230,179 $1,694,079 $536,100
2021 $26,201 $2,186,451 $1,660,862 $525,589
2019 $25,416 $2,121,600 $1,611,600 $510,000
2018 $25,299 $2,080,000 $1,580,000 $500,000
2017 $1 $1,550,000 $930,000 $620,000
2016 $10,870 $881,238 $596,467 $284,771
2015 $10,714 $868,002 $587,508 $280,494
2014 $10,764 $851,000 $576,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-147050

The MLS

APN: 5070-005-022