NOT LISTED FOR SALE

1421 Maltman Ave Los Angeles, CA 90026

Estimated Value: $2,508,000 - $3,429,000

8 Beds
4 Baths
3,854 Sq Ft
$747/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $2,700,000 $701 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,872/month

21 Days on Market

Highlights

  • City Lights View
  • Front Porch
  • 4 Car Garage
  • John Marshall Senior High Rated A
  • Tankless Water Heater
  • East Facing Home

About This Home

As of August 2022

Quadraplex DELIVERED VACANT in trendy sunset junction, silver lake. Each unit features a spacious, light and bright 1000 SF units with 2 bedrooms/1 bath. Each unit has features remodeled kitchen, with stainless steel appliances, and bathrooms, high ceilings, tankless water heaters, hardwood floors, new paint, individual W/D, and large closets. The top units have a bonus den and balcony (front/back). The lower units have ample space in the front for dining al fresco. New 400A electrical service and sub panels, copper plumbing, dbl pane windows, stucco, wall heaters, and wall AC units. Separately metered gas/electric. The 4 car garages could be converted into ADU's. Views of the hills, Griffith Observatory, Hollywood sign. Walk to Sunset Junction, Farmers Market, Shops, Restaurants, Coffee Shops, and all things hip! Seller may request leaseback of one unit for 30 days after close of escrow. No sign on property. Two units are currently vacant and easy to show.

Last Agent to Sell the Property

Shawn Kormondy

Keller Williams Beverly Hills License #01451888 Listed on: 05/31/2022

Keller Williams Beverly Hills

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,680

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 7,350 Sq Ft Lot
  • Lot Dimensions are 50x147
  • East Facing Home
  • Property is zoned LARD1.5

Parking

  • 4 Car Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Stucco

Interior Spaces

  • 3,854 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5427-024-019

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,680

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Quadraplex DELIVERED VACANT in trendy sunset junction, silver lake. Each unit features a spacious, light and bright 1000 SF units with 2 bedrooms/1 bath. Each unit has features remodeled kitchen, with stainless steel appliances, and bathrooms, high ceilings, tankless water heaters, hardwood floors, new paint, and laundry area and large closets. The top units have a bonus den and balcony (front/back). The lower units have ample space in the front for dining al fresco. New 400A electrical service and sub panels, copper plumbing, dbl pane windows, stucco, wall heaters, and wall AC units. The garages could be converted into ADU's with parking. Views of the hills, Griffith Observatory, Hollywood sign. Walk to Sunset Junction, Farmers Market, Shops, Restaurants, Coffee Shops, and all things hip!
  • Living Area: 3854
  • Lot Acreage: 0.1687
  • Lot Dimensions: 50x147
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 739.49

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: None
  • Patio: Porch - Front, Porch - Rear
  • View: Hills, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Wall/Window
  • Heating: Wall
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 27.49
  • Assessed Improvement Value: 287215
  • Assessed Land Percent: 72.51
  • Assessed Land Value: 757501
  • Total Assessed Value: 1044716
  • Assessor Parcel Number: 5427-024-019
  • Lot Size Area: 7350

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.26
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: Fourplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Mulne Andrew and Mulne Lauren
Bought by
Three Rhodes Llc
Current Estimated Value
$2,878,194

Purchase Details

Closed on
Sep 21, 2005
Sold by
Pacific Communication Products
Bought by
Papacostea Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,850
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2005
Sold by
Francisco Butch and Francisco Zeny
Bought by
Pacific Communication Products and Pacific Real Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,850
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 2002
Sold by
Francisco Butch E
Bought by
Francisco Butch

Purchase Details

Closed on
Feb 11, 2002
Sold by
Francisco Zeny G and Francisco John G
Bought by
Francisco Butch
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
Three Rhodes Llc -- None Listed On Document
Papacostea Daniel -- --
Pacific Communication Products -- Provident Title Company
Francisco Butch -- Stewart Title
Francisco Butch -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papacostea Daniel $537,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2022 08/10/22 Sold $2,700,000 -5.3% $701 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $2,850,000 -- $739 / 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 $33,680 $2,809,080 $1,820,700 $988,380
2024 $33,680 $2,754,000 $1,785,000 $969,000
2023 $33,024 $2,700,000 $1,750,000 $950,000
2022 $13,051 $1,065,610 $772,651 $292,959
2021 $12,880 $1,044,716 $757,501 $287,215
2019 $12,501 $1,013,731 $735,034 $278,697
2018 $12,349 $993,855 $720,622 $273,233
2016 $11,786 $955,265 $692,641 $262,624
2015 $11,617 $940,917 $682,237 $258,680
2014 $11,674 $922,486 $668,873 $253,613
Source: Public Records

Agents Affiliated with this Home

  • Shawn Kormondy

    Seller's Agent in 2022

    Shawn Kormondy

    Keller Williams Beverly Hills

    (323) 638-7567

    2 in this area

    151 Total Sales

    Shawn Kormondy
    Section Image
  • Ken Shapiro

    Buyer's Agent in 2022

    Ken Shapiro

    Silverwood Properties

    (818) 237-6963

    4 in this area

    49 Total Sales

    Ken Shapiro
    Section Image
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Map

Source: The MLS

MLS Number: 22-160131

The MLS

APN: 5427-024-019

California Los Angeles County Los Angeles 90026

1421 Maltman Ave, Los Angeles, CA

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