NOT LISTED FOR SALE

Estimated Value: $1,771,000 - $2,958,000

8 Beds
8 Baths
3,844 Sq Ft
$635/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $1,402,000 $365 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $15,057/month

34 Days on Market

About This Home

As of May 2014

Pride of Ownership, Stabilized Building in Prime Hollywood. Well maintained. Great upwardly mobile professional type tenants, easy monthly cash flow!. 4-plex has 2 units upstairs and each has their own private front staircases. 2 units downstairs. The upstairs units share a large out door secure patio in upper rear of property. The front units have their own private out door area as well. Copper Plumbing. Newer electrical. Solid wood doors. Each unit has 2 bathrooms and 2 parking spaces. Each unit has their own inside private laundry!! Hardwood flooring. Period charm, vintage hardware & open kitchens. Clean, Crisp, Safe & Secure. Rents are slightly below market. Upside potential! high demand area in the heart of Hollywood. Quiet "permit parking only" street among mature trees & vintage buildings yet walking distance to the Kodak Theater, Music Schools, Acting Schools, Subway System, Hip Cafe's & Hot Spots in Hollywood. Plz do not disturb tenants or enter property.

Last Agent to Sell the Property

Frank Barbano

Barbano Realty License #01380908 Listed on: 03/15/2014

Last Buyer's Agent

Jason Oppenheim

The Oppenheim Group, Inc. License #01863254

The Oppenheim Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,081

Year Built

  • Built in 1921

Lot Details

  • 5,151

Home Design

  • 3,844 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • Gas Dryer Hookup
  • 5,151 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5547-022-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,081

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3844
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 351.20

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Natural Gas
  • Water Expense: 1000.00

Fee Information

  • Insurance Expense: 1600.00
  • Maintenance Expense: 200.00

Lot Info

  • Assessed Improvement Value: 322524
  • Assessed Land Value: 520200
  • Assessor Parcel Number: 5547-022-015
  • Geocode Override: No
  • Lot Size Area: 5151

Rental Info

  • Monthly Gross Income: 7900.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.24
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 13400
  • Type Of Units: standard
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 10000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2014
Closed on
Apr 24, 2014
Sold by
Tregub Eleonor
Bought by
Lee Sing Hoi and Lee Minako Yamane
Seller's Agent
Frank Barbano
Barbano Realty
Buyer's Agent
Jason Oppenheim
The Oppenheim Group, Inc.
List Price
$1,350,000
Sold Price
$1,402,000
Premium/Discount to List
$52,000
3.85%
Current Estimated Value
$2,441,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,000
Avg. Annual Appreciation
5.03%
Original Mortgage
$867,750
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2013
Sold by
Tregub Karina
Bought by
Tregub Eleanor and Abramov Dmitriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2012
Sold by
Tregub Karina and Kryuchkov Yakov
Bought by
Tregub Karina and Kryuchkov Yakov

Purchase Details

Closed on
Jun 15, 2011
Sold by
Gilbeaux Lillie
Bought by
Tregub Karina and Kryuchkov Yakov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,466
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2006
Sold by
Alexander Jacqueline
Bought by
Gilbeaux Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2006
Sold by
Gilbeaux Edmund J
Bought by
Gilbeaux Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 5, 2001
Sold by
Smith Roger Neal
Bought by
Alexander Jacqueline

Purchase Details

Closed on
Jul 11, 2001
Sold by
Alexander Jacqueline and The Nolen Family Trust
Bought by
Smith Roger Neal

Purchase Details

Closed on
Jan 18, 1999
Sold by
Alexander Jacqueline
Bought by
The Nolen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 1998
Sold by
Invang Ambrose O and Alexander Jacqueline
Bought by
Alexander Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,538
Interest Rate
6.42%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Hud
Bought by
Inyang Ambrose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,538
Interest Rate
6.42%

Purchase Details

Closed on
Feb 26, 1998
Sold by
Sun West Mtg Company Inc
Bought by
Hud

Purchase Details

Closed on
Feb 13, 1998
Sold by
Alaverdov Tadeoz and Sycip Natividad
Bought by
Sun West Mtg Company Inc

Purchase Details

Closed on
May 28, 1996
Sold by
Alaverdov Tadeoz
Bought by
Alaverdov Tadeoz and Vankovn Alex

Purchase Details

Closed on
Sep 12, 1995
Sold by
California Federal Bank Fsb
Bought by
Alaverdov Tadeoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,700
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1995
Sold by
Shore Mitzi and California Federal Bank
Bought by
California Federal Bank Fsb
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
Lee Sing Hoi $1,402,000 Lawyers Title
Tregub Eleanor -- Ticor Title Company
Tregub Karina -- None Available
Tregub Karina $810,000 Western Resources Title Co
Gilbeaux Lillie $1,000,000 Gateway Title Company
Gilbeaux Lillie -- None Available
Alexander Jacqueline -- --
Smith Roger Neal -- --
The Nolen Family Trust -- --
Alexander Jacqueline -- --
Inyang Ambrose $236,000 --
Hud -- American Title
Sun West Mtg Company Inc $238,356 American Title
Alaverdov Tadeoz -- --
Alaverdov Tadeoz $165,000 Chicago Title Co
California Federal Bank Fsb $273,029 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sing Hoi $874,500
Closed Lee Sing Hoi $867,750
Previous Owner Tregub Eleanor $785,000
Previous Owner Tregub Karina $789,466
Previous Owner Gilbeaux Lillie $100,000
Previous Owner Gilbeaux Lillie $100,000
Previous Owner Gilbeaux Lillie $800,000
Previous Owner Alexander Jacqueline $296,200
Previous Owner Alexander Jacqueline $48,000
Previous Owner Inyang Ambrose $226,538
Previous Owner Alaverdov Tadeoz $230,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $1,402,000 +3.9% $365 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $1,350,000 -- $351 / 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 $21,081 $1,744,318 $1,032,171 $712,147
2024 $21,081 $1,710,117 $1,011,933 $698,184
2023 $20,677 $1,676,587 $992,092 $684,495
2022 $19,723 $1,643,714 $972,640 $671,074
2021 $19,471 $1,611,485 $953,569 $657,916
2019 $18,891 $1,563,689 $925,287 $638,402
2018 $18,758 $1,533,030 $907,145 $625,885
2016 $17,669 $1,451,818 $871,920 $579,898
2015 $17,411 $1,430,011 $858,823 $571,188
2014 $15,087 $1,205,448 $753,405 $452,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-744753

The MLS

APN: 5547-022-015