NOT LISTED FOR SALE

Estimated Value: $1,249,000 - $2,074,934

4 Beds
2 Baths
3,110 Sq Ft
$503/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $1,300,000 $418 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,096/month

147 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Beamed Ceilings
  • Wood Flooring
  • Den
  • 4 Car Detached Garage

About This Home

As of February 2023

Classic 1933 Courtyard-entry Spanish Duplex in a stellar location near S Wilshire Vista/Miracle Mile area. Just a quick stroll to popular restaurants, Bloom and Paper and Plastic, shops and galleries. Close to The Grove, LACMA, Beverly Hills, West Hollywood and easy access to the 10 FWY, expo line. Each unit includes lovely light-filled living rooms with adorable barrel fireplaces, cool built-in shelves, original hardwood floors in good condition, and lots of windows. Kitchens with separate breakfast room and laundry room, large bedrooms with great closet space, and vintage style baths with separate Tub/Shower. Both units have brand new HVAC systems. Upper unit is freshly painted, with new appliances and lighting and has a bonus room perfect for a home office. Top unit is vacant and ready to be rented for top dollar or owner user. Great grassy backyard with a 4 car garage that may have an opportunity for ADU with possibility to generate more income (buyer to verify). Situated on a charming street with lots of well-kept single family homes. This is an amazing investment in an area that is desirable and renters are discovering!

Last Agent to Sell the Property

Jennice Anne Tronciale

Sotheby's International Realty License #01324438 Listed on: 08/18/2022

Sotheby's International Realty

Last Buyer's Agent

Andrei Rafols

Revel Real Estate License #02020881

Revel Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,352

Year Built

  • Built in 1933

Lot Details

  • 6,153 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Detached Garage
  • Attached Carport

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Clay Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Intercom

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5069-033-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,352

Year Built

Built in 1933

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 3110
  • Lot Acreage: 0.1413
  • Probate: No
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceiling(s)
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Ceramic Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Bedroom Features: WalkInCloset
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Gas Dryer Hookup, Garbage Disposal, Dishwasher, Refrigerator, Stackable W/D Hookup, Washer, Range/Oven, Intercom
  • Price Per S Q F T: 449.84

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Roof: Clay, Flat
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Carport Attached, Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 45.71
  • Assessed Improvement Value: 515098
  • Assessed Land Percent: 54.29
  • Assessed Land Value: 611682
  • Total Assessed Value: 1126780
  • Assessor Parcel Number: 5069-033-005
  • Lot Size Area: 6153

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Feb 10, 2023
Sold by
Margolis Stewart
Bought by
Guilbault Heather Marie
Seller's Agent
Jennice Anne Tronciale
Sotheby's International Realty
Buyer's Agent
Andrei Rafols
Revel Real Estate
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Total Days on Market
147
Views
29
Current Estimated Value
$1,563,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,234
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,329,900
Outstanding Balance
$1,296,307
Interest Rate
6.48%
Mortgage Type
VA
Estimated Equity
$266,927

Purchase Details

Closed on
Mar 10, 2005
Sold by
Birdine Addison L and Birdine Jungka K
Bought by
Margolis Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.6%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Guilbault Heather Marie $1,300,000 Equity Title
Margolis Stewart $875,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guilbault Heather Marie $1,329,900
Previous Owner Margolis Stewart $150,000
Previous Owner Margolis Stewart $104,890
Previous Owner Margolis Stewart $880,000
Previous Owner Margolis Stewart $675,000
Previous Owner Birdine Addison L $150,000
Previous Owner Birdine Addison L $360,000
Previous Owner Birdine Addison L $305,000
Previous Owner Birdine Addison L $240,000
Closed Margolis Stewart $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $1,300,000 -7.1% $418 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
10/24/2022 10/24/22 Price Changed $1,399,000 -6.7% $450 / Sq Ft
10/14/2022 10/14/22 For Sale $1,499,000 0.0% $482 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,499,000 -- $482 / 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
2024 $16,352 $1,326,000 $795,600 $530,400
2023 $14,509 $1,172,299 $636,393 $535,906
2022 $13,841 $1,149,314 $623,915 $525,399
2021 $13,661 $1,126,780 $611,682 $515,098
2019 $13,254 $1,093,361 $593,540 $499,821
2018 $13,145 $1,071,923 $581,902 $490,021
2016 $12,557 $1,030,301 $559,307 $470,994
2015 $12,374 $1,014,826 $550,906 $463,920
2014 $12,421 $994,948 $540,115 $454,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-191799

The MLS

APN: 5069-033-005