NOT LISTED FOR SALE

1347 N Citrus Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,709,000 - $2,694,000

4 Beds
4 Baths
1,833 Sq Ft
$1,168/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $1,265,000 $690 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,593/month

81 Days on Market

About This Home

As of July 2015

We are pleased to present a four-plex located just South of Sunset Boulevard and West of HighlandAvenue at 1347 Citrus Avenue. This property is nestled less than one half mile from the Hollywood and HighlandCenter which offers extensive retail, dining, and nightlife.Built in 1923, this offering includes four spacious one bedroom bungalow units that tenants desire. Some units includeenclosed patios, custom cabinets, tile counters and wood floors. The structure boasts Spanish tile roof accents thatincrease the curb appeal of this charming property. The well-manicured garden is drought resistant and the units haveindividual water heaters reducing an owners utility costs.

Last Agent to Sell the Property

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 01/16/2015

Last Buyer's Agent

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 01/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,576

Year Built

  • Built in 1923

Lot Details

  • 7,069

Home Design

  • Slab Foundation

Interior Spaces

  • 1,833 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Assigned Parking

Additional Features

  • 7,069 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5548-024-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,576

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1833
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 736.50

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas
  • Water Expense: 1800.00

Fee Information

  • Insurance Expense: 1350.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 145554
  • Assessed Land Value: 695898
  • Assessor Parcel Number: 5548-024-016
  • Geocode Override: No
  • Lot Size Area: 7069

Rental Info

  • Total Actual Rent: 80340.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.80
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 22470
  • Type Of Units: Bungalow
  • Vacancy Rate: 3.0

Tax Info

  • Tax Expense: 16770.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Alborzi Arash and Shahbazian Melody
Bought by
Golden Fame Lp
Current Estimated Value
$2,199,985

Purchase Details

Closed on
Apr 20, 2015
Sold by
Grenewitz Alexander W and Grenewitz Tatjana M
Bought by
Ma Silver Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Grenewitz Alexander W and Grenewitz Tatjana M
Bought by
Grenewitz Alexander W and Grenewitz Tatjana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2012
Sold by
Grenewitz Shayna
Bought by
Grenewitz Alexander W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Silvers Mitchell and Lambert Robert
Bought by
Grenewitz Alexander W and Grenewitz Tatjana M

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
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Missonge Laurent
Bought by
Silvers Mitchell and Lambert Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.98%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Missonge Laurent
Bought by
Missonge Laurent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4.95%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Yam Gerald B and Estate Of Geraldine P Crouch
Bought by
Missonge Laurent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4.95%
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
Golden Fame Lp -- None Available
Alborzi Arash -- None Available
Ma Silver Trust $1,265,000 Ticor Title Company
Grenewitz Alexander W -- American Coast Title
Grenewitz Alexander W -- American Coast Title
Grenewitz Alexander W $752,500 Chicago Title Co
Silvers Mitchell $525,000 Chicago Title Insurance Co
Missonge Laurent -- Equity Title
Missonge Laurent $304,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ma Silver Trust $822,250
Previous Owner Grenewitz Alexander W $522,000
Previous Owner Grenewitz Alexander W $600,000
Previous Owner Silvers Mitchell $80,000
Previous Owner Silvers Mitchell $318,750
Previous Owner Missonge Laurent $273,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $1,265,000 -6.3% $690 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $1,350,000 -- $736 / 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 $18,576 $1,520,331 $1,081,661 $438,670
2024 $18,576 $1,490,521 $1,060,452 $430,069
2023 $18,225 $1,461,296 $1,039,659 $421,637
2022 $17,393 $1,432,644 $1,019,274 $413,370
2021 $17,171 $1,404,554 $999,289 $405,265
2020 $17,344 $1,390,153 $989,043 $401,110
2019 $16,665 $1,362,896 $969,650 $393,246
2018 $16,556 $1,336,174 $950,638 $385,536
2016 $15,827 $1,284,291 $913,725 $370,566
2015 $10,751 $858,264 $709,802 $148,462
2014 -- $841,452 $695,898 $145,554
Source: Public Records

Agents Affiliated with this Home

  • Joshua Luchs

    Seller's Agent in 2015

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    8 Total Sales

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Map

Source: The MLS

MLS Number: 15-880679

The MLS

APN: 5548-024-016

California Los Angeles County Los Angeles 90028 Hollywood

1347 N Citrus Ave, Los Angeles, CA

This home is located at 1347 N Citrus Ave, Los Angeles, CA 90028 since 16 January 2015 and is currently estimated at $2,141,521, approximately $1,168 per square foot. This property was built in 1923. 1347 N Citrus Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

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