NOT LISTED FOR SALE

Estimated Value: $1,656,000 - $2,382,366

4 Beds
4 Baths
3,497 Sq Ft
$569/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $1,312,000 $375 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,064/month

10 Days on Market

About This Home

As of November 2016

Spacious, tastefully remodeled duplex in charming PicFair neighborhood with both units vacant and move-in ready condition. Great for owner-occupant or investor. Total living area of 3,497 square feet. Each unit has a large living room, a separate den and dining room combo, 2 bedrooms with one bathroom plus powder room, kitchen and laundry area. The bathrooms offer beautiful original tiles, separate tub and shower.Kitchen remodeled in downstairs owner's unit with granite countertops and stainless steel appliances. Refinished hardwood floors throughout. Central air and heat in both units. Spacious backyard for entertaining and 3 car parking garage. Walk to restaurants and trendy shopping on Pico just down the street.

Last Agent to Sell the Property

Stephen Bedikian

Real IQ Properties License #01362691 Listed on: 09/20/2016

Last Buyer's Agent

rande bronster

Coldwell Banker Realty License #01875990

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,444

Year Built

  • Built in 1937

Lot Details

  • 7,128 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,497 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5069-001-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,444

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3497
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 16
  • 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
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 370.32

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 543655
  • Assessed Land Value: 673097
  • Assessor Parcel Number: 5069-001-018
  • Geocode Override: No
  • Lot Size Area: 7128

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.20
  • Number Of Units: 2
  • Total Annual Expense: 17100
  • Type Of Units: Up-Down
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Genes
Bought by
Genes
Current Estimated Value
$1,991,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$623,294
Interest Rate
3.9%
Estimated Equity
$1,368,048

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 26, 2016
Sold by
Beachwood Property Llc
Bought by
The Genesee Trust
Seller's Agent
Stephen Bedikian
Real IQ Properties
Buyer's Agent
rande bronster
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,312,000
Premium/Discount to List
$17,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$920,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 27, 2013
Closed on
Jul 16, 2013
Sold by
Edmond Davis Victoria
Bought by
Beachwood Property Llc
Seller's Agent
Josh Tomaszewski
JRM Properties
Buyer's Agent
Stephen Bedikian
Real IQ Properties
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Edmond Geraldine
Bought by
Edmond Geraldine H and The Geraldine H Edmond Revocable Trust
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
Genes -- --
The Genesee Trust $1,315,000 Chicago Title
Beachwood Property Llc -- Title 365
Edmond Geraldine H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genes $750,000
Closed Genes --
Previous Owner The Genesee Trust $920,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2016 11/01/16 Sold $1,312,000 +1.3% $375 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $1,295,000 +54.2% $370 / Sq Ft
08/02/2013 08/02/13 Sold $840,000 -1.1% $240 / Sq Ft View Prior Sale
07/07/2013 07/07/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $849,000 -- $243 / 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 $18,444 $1,526,164 $1,119,963 $406,201
2024 $18,444 $1,496,240 $1,098,003 $398,237
2023 $18,091 $1,466,903 $1,076,474 $390,429
2022 $17,256 $1,438,141 $1,055,367 $382,774
2021 $17,035 $1,409,943 $1,034,674 $375,269
2019 $16,527 $1,368,126 $1,003,986 $364,140
2018 $16,405 $1,341,300 $984,300 $357,000
2016 $14,812 $1,216,752 $673,097 $543,655
2015 $14,596 $1,198,476 $662,987 $535,489
2014 $1,106 $70,753 $28,778 $41,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-164256

The MLS

APN: 5069-001-018