NOT LISTED FOR SALE

Estimated Value: $1,478,000 - $2,900,000

6 Beds
4 Baths
3,250 Sq Ft
$718/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $2,600,000 $800 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $15,173/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Double Pane Windows
  • West Hollywood Elementary School Rated A-
  • Balcony
  • Bathtub with Shower

About This Home

As of July 2021

Charming 4 unit building in a prime location near Cedar's Sinai, right between Beverly Hills and West Hollywood. Two (2br+1ba) and two (1br+1ba) units. All four units have been renovated with modern amenities while maintaining the original 1940's charm! Electrical system completely updated in 2001. Spacious, clean, and bright units feature hardwood floors, solid doors throughout, double paned/insulated windows, central A/C, wood blinds, custom closets, remodeled bathrooms and kitchens (both 2br units have a built-in breakfast counter in the kitchen). Laundry room brings in additional income. The entire building can be delivered vacant. Two units are currently vacant, one tenant moving in July, and one tenant will move with 2 weeks notice. New owner may be able to add ADU for additional income. Only minutes from Cedars Sinai, Beverly Center, Grove, Century City, Beverly Hills, West Hollywood, and more!

Last Agent to Sell the Property

Yana Temkin

Yana Temkin License #01330537 Listed on: 06/03/2021

Last Buyer's Agent

Arman Mahmoodi

Keller Williams Beverly Hills License #01945581

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,992

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,720 Sq Ft Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Detached Carport Spaces

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 4335-011-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,992

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3250
  • Lot Acreage: 0.1313
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Carpet, Tile
  • Bedrooms: 6
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: Room, Community
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Cable, Water Line to Refrigerator, Ice Maker, Microwave
  • Price Per S Q F T: 798.46
  • Windows: Window Blinds, Double Pane Windows

Exterior Features

  • Other Features: Balcony
  • Other Structures: Other
  • Patio: Balcony

Garage/Parking

  • Carport Spaces: 4
  • Other Spaces: 2
  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights
  • Water Expense: 2900.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2500.00
  • Other Expense: 800.00

Lot Info

  • Sprinklers: Front, Sprinkler Timer
  • Assessor Parcel Number: 4335-011-017
  • Lot Size Area: 5720

Rental Info

  • Owner Pays: Water, Gardener
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.78
  • Number Of Units: 4
  • Total Annual Expense: 39000
  • Type Of Units: apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 31000.00
  • Mello Roos: Unknown
  • Tax New: 31000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 16, 2021
Sold by
Mahmoodi Arman and Mahmoodi Muhammad
Bought by
Fcb Group Llc
Seller's Agent
Yana Temkin
Yana Temkin
Buyer's Agent
Arman Mahmoodi
Keller Williams Beverly Hills
List Price
$2,595,000
Sold Price
$2,600,000
Premium/Discount to List
$5,000
0.19%
Current Estimated Value
$2,331,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,032
Avg. Annual Appreciation
0.68%
Original Mortgage
$1,820,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 13, 2021
Sold by
Vahdani Seyedeh Fatemeh
Bought by
Mahmoodi Muhammad
Seller's Agent
Yana Temkin
Yana Temkin
Buyer's Agent
Arman Mahmoodi
Keller Williams Beverly Hills
List Price
$2,595,000
Sold Price
$2,600,000
Premium/Discount to List
$5,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 17, 2021
Sold by
Temkin Ronald Norman and Cohen Brenda
Bought by
Mahmoodi Arman and Mahmoodi Muhammad
Seller's Agent
Yana Temkin
Yana Temkin
Buyer's Agent
Arman Mahmoodi
Keller Williams Beverly Hills
List Price
$2,595,000
Sold Price
$2,600,000
Premium/Discount to List
$5,000
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1999
Sold by
Temkin Ronald N
Bought by
Temkin Natalie Joy and Temkin Brenda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1999
Sold by
Temkin Harvey R and Temkin Maureen L
Bought by
Temkin Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
7.1%
Mortgage Type
Unknown
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
Fcb Group Llc -- None Available
Mahmoodi Muhammad -- Provident Title Company
Mahmoodi Arman $2,600,000 Provident Title Company
Temkin Natalie Joy -- --
Temkin Brenda L -- --
Temkin Natalie Joy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahmoodi Muhammad $1,820,000
Previous Owner Mahmoodi Arman $1,820,000
Previous Owner Temkin Natalie J $1,000
Previous Owner Temkin Marshall Lewis $393,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $2,600,000 +0.2% $800 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $2,595,000 -- $798 / 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 $32,992 $2,759,140 $1,697,932 $1,061,208
2024 $32,992 $2,705,040 $1,664,640 $1,040,400
2023 $32,352 $2,652,000 $1,632,000 $1,020,000
2022 $30,763 $2,600,000 $1,600,000 $1,000,000
2021 $2,412 $161,529 $97,594 $63,935
2020 $2,428 $159,874 $96,594 $63,280
2019 $2,350 $156,740 $94,700 $62,040
2018 $2,234 $153,668 $92,844 $60,824
2016 $2,108 $147,703 $89,240 $58,463
2015 $2,082 $145,485 $87,900 $57,585
2014 $2,118 $142,636 $86,179 $56,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-743472

The MLS

APN: 4335-011-017