NOT LISTED FOR SALE

Estimated Value: $1,301,000 - $2,089,000

3 Beds
3 Baths
2,669 Sq Ft
$610/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $689,000 $258 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $9,747/month

26 Days on Market

Highlights

  • English Architecture
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of August 2013

This triplex is in a great area of Hollywood just below Los Feliz. This property is freshly painted on the exterior and features new landscaping and sprinklers. This property is close to three hospitals, transportion and restaurants. The front unit is remodeled with two bedrooms and two baths but one of the bedrooms and one bath are not permitted. This large unit features central heat and air and granite countertops in the kitchen. The 1 bedroom, one bath unit above the garage also has central heat and air. Great square footage for the price in this popular area.

Last Agent to Sell the Property

Joyce Starleaf

Equity Union License #00782682 Listed on: 06/26/2013

Equity Union

Co-Listed By

Alison Tideback

Equity Union License #01334601

Last Buyer's Agent

Setrak Bronzian

Berkshire Hathaway Home Svcs License #01015970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,451

Year Built

  • Built in 1941

Lot Details

  • 6,759 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,669 Sq Ft Home
  • English Architecture
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 5543006017

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1,425
  • New Taxes Expense $8,268
  • Gross Income $3,700
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,451

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Other Phone Description: Cell
  • Other Phone Number: 818-426-4833
  • Property Attached: No
  • Water Sewer Expenses: 1425.00
  • Architectural Style: English
  • Property Type: Residential Income
  • Parcel Number: 5543006017
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 258.15

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6759.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6759.0000 Square Feet
  • Net Operating Income: 33000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11493.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 8268.00
  • Tax Lot: 21
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 23, 2013
Sold by
Baden Shaun M
Bought by
Profit Professional Llc
Seller's Agent
Joyce Starleaf
Equity Union
Buyer's Agent
Setrak Bronzian
Berkshire Hathaway Home Svcs
List Price
$689,000
Sold Price
$689,000
Current Estimated Value
$1,629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,000
Avg. Annual Appreciation
5.92%
Original Mortgage
$335,000
Outstanding Balance
$248,796
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,128,204

Purchase Details

Listed on
Jan 28, 2013
Closed on
May 13, 2013
Sold by
Agarzarian Mike
Bought by
Baden Shaun M
Seller's Agent
Joyce Starleaf
Equity Union
Buyer's Agent
Alison Tideback
Equity Union
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.28%
Original Mortgage
$601,316
Outstanding Balance
$441,158
Interest Rate
3.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$935,842

Purchase Details

Closed on
Sep 26, 2000
Sold by
Agazarian Kristina
Bought by
Agazarian Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
10.5%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Agazaryan Grayr
Bought by
Agazarian Mike
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Profit Professional Llc $689,000 Chicago Title Company
Baden Shaun M $550,000 Chicago Title Company
Agazarian Mike -- Southland Title
Agazarian Mike -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Profit Professional Llc $335,000
Open Baden Shaun M $601,316
Previous Owner Agazarian Mike $218,600
Previous Owner Agazarian Mike $200,000
Previous Owner Agazarian Mike $125,000
Previous Owner Agazarian Mike $470,000
Previous Owner Agazarian Mike $250,000
Previous Owner Agazarian Mike $192,000
Previous Owner Agazarian Mike $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $689,000 0.0% $258 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $689,000 +25.3% $258 / Sq Ft
05/20/2013 05/20/13 Sold $550,000 +10.2% $206 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $499,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,451 $844,607 $490,338 $354,269
2024 $10,451 $828,047 $480,724 $347,323
2023 $10,254 $811,812 $471,299 $340,513
2022 $9,786 $795,895 $462,058 $333,837
2021 $9,660 $780,291 $452,999 $327,292
2020 $9,754 $772,292 $448,355 $323,937
2019 $9,377 $757,150 $439,564 $317,586
2018 $9,230 $742,305 $430,946 $311,359
2016 $8,812 $713,482 $414,213 $299,269
2015 $8,687 $702,766 $407,992 $294,774
2014 $8,730 $689,000 $400,000 $289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13122871

California Regional Multiple Listing Service (CRMLS)

APN: 5543-006-017