NOT LISTED FOR SALE
2 Beds
2 Baths
1,594 Sq Ft
4,657 Sq Ft Lot

Last Sold January 19, 2017

Last sale price $955,000 $599 Per Sq Ft

103 Days on Market

Highlights

  • Central Heating and Cooling System
  • Franklin Avenue Elementary Rated A-
  • 1-Story Property

About This Home

As of January 2017

Rare offering in the Franklin Hills! Character, Spanish Duplex with views!!! 3 blocks to Silver Lake's Sunset Junction and 5 blocks to Hillhurst and Los Feliz Village. Each sunny and well maintained unit offers 1 bedroom and 1 bath each. Additional bonus room below home had a bathroom at one point and is currently being used as a guest unit. Because the bonus room has a separate entrance and separate gate to street it has potential to be a lucrative short term rental. Tropical private backyard has room for a pool, wooden deck and and serene outdoor dining area perfect for intimate dinner parties. Off street parking for 3 cars Units currently occupied with friendly tenants paying close to market rents. Or... remove one wall and turn into a single family residence. Think about that for a moment... a single family home in the Franklin Hills with views and a backyard that is walking distance to restaurants for under $1M. Holy smokes that's a deal!!!

Last Agent to Sell the Property

Imraan Ali

Compass License #01391639 Listed on: 08/29/2016

Compass

Co-Listed By

Amir Hussain

Compass License #01922870

Last Buyer's Agent

Elisa G. Ritt

Compass License #01410040

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,657

Home Design

  • Composition Roof

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 4,657 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5430-028-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Rare offering in the Franklin Hills! Character, Spanish Duplex with views!!! 3 blocks to Silver Lake's Sunset Junction and 5 blocks to Hillhurst and Los Feliz Village. Each sunny and well maintained unit offers 1 bedroom and 1 bath each. Additional bonus room below home had a bathroom at one point and is currently being used as a guest unit. Because the bonus room has a separate entrance and separate gate to street it has potential to be a lucrative short term rental. Tropical private backyard has room for a pool, wooden deck and and serene outdoor dining area perfect for intimate dinner parties. Off street parking for 3 cars Units currently occupied with friendly tenants paying close to market rents. Or... remove one wall and turn into a single family residence. Think about that for a moment... a single family home in the Franklin Hills with views and a backyard that is walking distance to restaurants for under $1M. Holy smokes that's a deal!!! Check out 3D tours at www.TheEastside.co/sanborn
  • Living Area: 1594
  • Probate: No
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 611.67

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 125000
  • Assessed Land Value: 700000
  • Assessor Parcel Number: 5430-028-001
  • Geocode Override: No
  • Lot Size Area: 4657

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.92
  • Number Of Units: 2
  • Total Annual Expense: 2500
  • Type Of Units: side by side
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $955,000 -2.1% $599 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
10/17/2016 10/17/16 Price Changed $975,000 -2.4% $612 / Sq Ft
08/29/2016 08/29/16 For Sale $999,000 -- $627 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-157518

The MLS