NOT LISTED FOR SALE

Estimated Value: $1,321,000 - $1,688,000

3 Beds
2 Baths
2,224 Sq Ft
$671/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $1,245,000 $560 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,520/month

29 Days on Market

Highlights

  • Gated Parking
  • Craftsman Architecture
  • Neighborhood Views
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Hiking Trails

About This Home

As of October 2023

Great investment or development opportunity! This duplex is between Sunset and Fountain and just east of Normandie, on a large lot that is ideal for remodeling, adding on, or for starting over with units. There is a two bedroom one bath unit that is vacant, and a one bedroom one bath that is currently rented but can be delivered vacant. Plus a 2 car garage, a one car carport and lots of extra room for parking. The building has lovely old world charm with a porch and interior features like tall baseboards and crown moulding, built-ins and lots of storage. Close to the Metro Red line, Kaiser, the Ronald McDonald House, Children's Hospital, Scientology, Netflix and zoned LARD2 with a 6,785 sq. foot lot.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 06/22/2023

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Sandra Monteon

Compass License #01870306

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,644

Year Built

  • Built in 1920

Lot Details

  • 6,875 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Fence is in fair condition
  • Front Yard

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Private Parking
  • Front Facing Garage
  • Driveway Level
  • Gated Parking
  • Parking Lot

Home Design

  • Duplex
  • Craftsman Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Range Hood
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 30
  • Assessor Parcel Number 5543022006
  • $456 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $600
  • Operating Expense $1,200
  • Gross Income $15,600
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,644

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 575000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LARD2
  • Architectural Style: Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5543022006
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Storage, Unfurnished
  • Stories: 1
  • Entry Location: 1 with stairs
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 559.80
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Fair Condition
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Concrete, Paved, Driveway Level, Garage, Garage Faces Front, Gated, On Site, Parking Space, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood, Water Heater
  • Heating Type: Floor Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6875.00
  • Lot Size Acres: 0.1578

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 927 Square Feet
  • Average2 Bed Area: 1297 Square Feet
  • Gross Income: 15600.00
  • Gross Operating Income: 15600.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6875.0000 Square Feet
  • Net Operating Income: 15000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 600.00
  • Rent Control: Yes
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 1912.01
  • Tax Lot: 30
  • Tax Tract Number: Lick
  • TaxOtherAnnualAssessmentAmount: 456.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Artian Olga
Bought by
Artian Olga and Artian Susan
Current Estimated Value
$1,492,710

Purchase Details

Closed on
Jul 22, 1997
Sold by
Artian Arthur
Bought by
Artian Arthur and Artian Olga
Source: Public Records

Range of Values:

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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
Artian Olga -- None Available
Artian Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artian Arthur $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $1,245,000 +8.3% $560 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $1,150,000 -- $517 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,644 $1,269,900 $963,900 $306,000
2024 $16,644 $1,245,000 $945,000 $300,000
2023 $1,455 $89,720 $63,356 $26,364
2022 $1,399 $87,962 $62,114 $25,848
2021 $1,370 $86,239 $60,897 $25,342
2020 $1,375 $85,356 $60,273 $25,083
2019 $1,336 $83,684 $59,092 $24,592
2018 $1,179 $82,044 $57,934 $24,110
2016 $1,101 $78,861 $55,686 $23,175
2015 $1,087 $77,677 $54,850 $22,827
2014 $1,104 $76,156 $53,776 $22,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23110440

California Regional Multiple Listing Service (CRMLS)

APN: 5543-022-006