NOT LISTED FOR SALE

Estimated Value: $1,976,000 - $3,343,075

6 Beds
3 Baths
2,816 Sq Ft
$874/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $1,660,000 $589 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,584/month

40 Days on Market

About This Home

As of May 2019

Trust Sale - No Court Confirmation - Property Sold As-IS - Lower Unit Vacant - 2nd Floor Occupied (20 year occupancy) - Owner User and or Land Value Development - Build 8 Units By Right - TOC Tier 3, 16 Units with Affordable Housing - Pre-Buyers inspection suggested

Last Agent to Sell the Property

Jack Shanfeld

UPFRONT Real Estate License #00632954 Listed on: 02/10/2019

Last Buyer's Agent

Julian Marks

Julian Marks License #01903739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,995

Year Built

  • Built in 1929

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4303-011-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,995

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2816
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 637.43

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 41166
  • Assessed Land Value: 54052
  • Assessor Parcel Number: 4303-011-031
  • Geocode Override: No
  • Lot Size Area: 6500

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 40000
  • Type Of Units: 2
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Kevin Rafalian
Bought by
Westside Kollel Inc
Current Estimated Value
$2,462,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,533,750
Outstanding Balance
$1,461,439
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$591,510

Purchase Details

Listed on
Feb 10, 2019
Closed on
May 9, 2019
Sold by
Benelyahu Roy A
Bought by
Benelyahu Abraham
Seller's Agent
Jack Shanfeld
UPFRONT Real Estate
Buyer's Agent
Julian Marks
Julian Marks
List Price
$1,995,000
Sold Price
$1,660,000
Premium/Discount to List
-$335,000
-16.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$1,372,750
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 10, 2019
Closed on
Apr 26, 2019
Sold by
The Miller Family Intervivos Trust
Bought by
Benely Rafalian Kevin R and Benely Ahu Abraham
Seller's Agent
Jack Shanfeld
UPFRONT Real Estate
Buyer's Agent
Julian Marks
Julian Marks
List Price
$1,995,000
Sold Price
$1,660,000
Premium/Discount to List
-$335,000
-16.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,750
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 2003
Sold by
Miller Avis and The Miller Family Inter Vivos
Bought by
Miller Avis and The Miller Family Inter Vivos Trust

Purchase Details

Closed on
Feb 3, 2002
Sold by
Miller Clay and Miller Avis
Bought by
Miller Avis and The Miller Family Inter Vivos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Miller Avis and The Miller Family Inter Vivos
Bought by
Miller Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Miller Clay and Miller Avis
Bought by
Miller Clay
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
Westside Kollel Inc $2,045,000 New Title Company Name
Benelyahu Abraham -- Timios Title
Benely Rafalian Kevin R $1,650,000 Timios Title A Ca Corp
Miller Avis -- --
Miller Avis -- --
Miller Clay -- First American Title Co
Miller Clay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westside Kollel Inc $1,533,750
Previous Owner Benely Rafalian Kevin R $1,372,750
Previous Owner Miller Clay $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $1,660,000 -7.5% $589 / Sq Ft
03/25/2019 03/25/19 Price Changed $1,795,000 -10.0% $637 / Sq Ft
02/10/2019 02/10/19 For Sale $1,995,000 -- $708 / 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 $25,995 $2,170,170 $1,745,687 $424,483
2024 $25,995 $2,127,618 $1,711,458 $416,160
2023 $25,492 $2,085,900 $1,677,900 $408,000
2022 $20,809 $1,744,954 $1,576,767 $168,187
2021 $20,552 $1,710,740 $1,545,850 $164,890
2020 $20,764 $1,693,200 $1,530,000 $163,200
2019 $19,233 $1,600,000 $1,300,000 $300,000
2018 $1,388 $97,122 $55,133 $41,989
2016 $1,297 $93,352 $52,993 $40,359
2015 $1,281 $91,950 $52,197 $39,753
2014 $1,300 $90,150 $51,175 $38,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-432088

The MLS

APN: 4303-011-031