NOT LISTED FOR SALE

1501 N Occidental Blvd Los Angeles, CA 90026

Estimated Value: $1,799,000 - $2,398,309

4 Beds
2 Baths
2,639 Sq Ft
$754/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $1,536,000 $582 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,142/month

14 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A
  • Built-In Features
  • Ceiling Fan

About This Home

As of June 2018

This stunning Spanish in the hills of Silver Lake will take your breath away. A well-appointed up and down duplex, this gated property with views and amazing light will be delivered entirely vacant. Both sizeable units consist of two bedrooms and one bath - and feature central air/heat, solar power, hardwood floors and original details throughout. The charm has been retained while bringing the kitchens, bathrooms, plumbing and electrical up to date. A huge and high-ceiling lower storage area conjures up visions of a gracious home office, media room or a future master suite. A quaint front courtyard and terraced backyard with flat grassy areas offers wonderful entertaining options as well as being home to a giant palm and prolific fruit trees. Just blocks from LAMill Coffee, L&E Oyster Bar, MILK as well as everything on Sunset. Park your car in the two car garage and take advantage of the walkability score of this incredible neighborhood.

Last Agent to Sell the Property

Courtney Smith

Compass License #01406768 Listed on: 04/05/2018

Compass

Last Buyer's Agent

Amelia Coveny

Compass License #01882544

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,778

Year Built

  • Built in 1928

Lot Details

  • 5,054

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • 5,054 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5425-022-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,778

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This stunning Spanish in the hills of Silver Lake will take your breath away. A well-appointed up and down duplex, this gated property with views and amazing light will be delivered entirely vacant. Both sizeable units consist of two bedrooms and one bath - and feature central air/heat, solar power, hardwood floors and original details throughout. The charm has been retained while bringing the kitchens, bathrooms, plumbing and electrical up to date. A huge and high-ceiling lower storage area conjures up visions of a gracious home office, media room or a future master suite. A quaint front courtyard and terraced backyard with flat grassy areas offers wonderful entertaining options as well as being home to a giant palm and prolific fruit trees. Just blocks from LAMill Coffee, L&E Oyster Bar, MILK as well as everything on Sunset. Park your car in the two car garage and take advantage of the walkability score of this incredible neighborhood.
  • Living Area: 2639
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Ceiling Fan, Dryer, Range/Oven, Refrigerator, Solar Panels, Washer
  • Price Per S Q F T: 490.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 220507
  • Assessed Land Value: 661533
  • Assessor Parcel Number: 5425-022-016
  • Geocode Override: No
  • Lot Size Area: 5054

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.48
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: up and down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 24, 2018
Sold by
Safian David B
Bought by
Offer Michael
Seller's Agent
Courtney Smith
Compass
Buyer's Agent
Amelia Coveny
Compass
List Price
$1,295,000
Sold Price
$1,536,000
Premium/Discount to List
$241,000
18.61%
Current Estimated Value
$1,988,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,827
Avg. Annual Appreciation
3.56%
Original Mortgage
$870,225
Outstanding Balance
$751,012
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,237,815

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 17, 2018
Sold by
Salvi Prisque
Bought by
Offer Michael
Seller's Agent
Courtney Smith
Compass
Buyer's Agent
Amelia Coveny
Compass
List Price
$1,295,000
Sold Price
$1,536,000
Premium/Discount to List
$241,000
18.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,225
Outstanding Balance
$751,012
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,237,815

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 2, 2018
Sold by
Safian Claudia
Bought by
Safian David B
Seller's Agent
Courtney Smith
Compass
Buyer's Agent
Amelia Coveny
Compass
List Price
$1,295,000
Sold Price
$1,536,000
Premium/Discount to List
$241,000
18.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,225
Outstanding Balance
$751,012
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,237,815

Purchase Details

Closed on
Dec 5, 2003
Sold by
Eff Erik A
Bought by
Safian David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 18, 1999
Sold by
Eff Erik A
Bought by
Eff Erik A and Collins Julia Michele

Purchase Details

Closed on
Apr 1, 1999
Sold by
Eff Erik A
Bought by
Eff Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.87%

Purchase Details

Closed on
Apr 23, 1996
Sold by
Ryland Elisabeth
Bought by
Eff Valdemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.82%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Ordin David
Bought by
Eff Erik A and Eff Valdemar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.82%

Purchase Details

Closed on
Apr 27, 1995
Sold by
Hubbard Marlene
Bought by
Ordin David and Ordin Batya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.43%
Source: Public Records

Range of Values:

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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
Offer Michael $1,536,000 Lawyers Title
Offer Michael -- Lawyers Title
Safian David B -- Lawyers Title
Safian David B $720,000 --
Eff Erik A -- --
Eff Erik A -- --
Eff Erik A -- Investors Title Company
Eff Valdemar -- Gateway Title Company
Eff Erik A $208,000 Gateway Title Company
Ordin David $87,500 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Offer Michael $870,225
Previous Owner Safian David B $576,000
Previous Owner Eff Erik A $185,250
Previous Owner Eff Erik A $187,200
Previous Owner Ordin David $57,000
Closed Ordin David $20,000
Closed Safian David B $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $1,536,000 +18.6% $582 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,295,000 -- $491 / 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 $20,778 $1,747,701 $1,365,393 $382,308
2024 $20,778 $1,713,433 $1,338,621 $374,812
2023 $20,370 $1,679,837 $1,312,374 $367,463
2022 $19,412 $1,646,900 $1,286,642 $360,258
2021 $19,171 $1,614,609 $1,261,414 $353,195
2019 $18,590 $1,566,720 $1,224,000 $342,720
2018 $10,997 $899,680 $674,763 $224,917
2016 $10,500 $864,746 $648,562 $216,184
2015 $10,346 $851,757 $638,820 $212,937
2014 $10,385 $835,073 $626,307 $208,766
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Courtney Smith

    Compass

    Section Image
  • Amelia Coveny

    Buyer's Agent in 2018

    Amelia Coveny

    Compass

    (323) 665-1700

    1 in this area

    12 Total Sales

    Amelia Coveny
    Section Image
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Map

Source: The MLS

MLS Number: 18-329700

The MLS

APN: 5425-022-016

California Los Angeles County Los Angeles 90026

1501 N Occidental Blvd, Los Angeles, CA

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