NOT LISTED FOR SALE

Estimated Value: $1,337,361 - $1,597,000

4 Beds
3 Baths
1,993 Sq Ft
$731/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,225,000 $615 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,999/month

30 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • John Marshall Senior High Rated A

About This Home

As of March 2021

Three unit opportunity in Silverlake, Sunset Junction, Franklin Hills and Los Feliz adjacent. Circa 1907 main house with 2 bedrooms 1 bath plus a 1956 duplex, each with 1 bedroom 1 bath. All units are tenant occupied. Delivered to buyer WITH tenants in place. Situated on a pretty level 7345 square foot lot. Close to all conveniences and a nice hike to the lake.

Last Agent to Sell the Property

Dan Jordinelli

Daniel Jordinelli License #00797904 Listed on: 02/13/2021

Last Buyer's Agent

Brock Harris

Keller Williams Realty Los Feliz License #01328996

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,345 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 1,993 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5429022031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Not Applicable 105 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,345 Sq Ft Lot

Listing Details

  • Assessments: No
  • Inclusions: Comes with tenants in place
  • Property Attached: Yes
  • View: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5429022031
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 614.65

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Appliances: Gas Water Heater
  • Sewer: Sewer Paid
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7345.00
  • Lot Size Acres: 0.1686

Multi Family

  • Average2 Bed Area: 1000
  • Lot Size Area: 7345.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Daniel Raisin Family Trust and Rob And Natally Pepper Family Trust
Bought by
Daniel Raisin Family Trust and Rob And Natally Pepper Family Trust
Current Estimated Value
$1,457,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$659,701
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$797,639

Purchase Details

Listed on
Feb 13, 2021
Closed on
Feb 25, 2021
Sold by
Salera Diane and Salera Mary-Jo
Bought by
Daniel Raisin Family Trust and Rob And Natally Pepper Family Trust
Seller's Agent
Dan Jordinelli
Daniel Jordinelli
Buyer's Agent
Brock Harris
Keller Williams Realty Los Feliz
List Price
$1,195,000
Sold Price
$1,225,000
Premium/Discount to List
$30,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$980,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Salera Mary Jo and Mellor Robert Carl
Bought by
Salera Diane and Salera Mary Jo

Purchase Details

Closed on
May 15, 2005
Sold by
Mellor Helen Salera and Mellor Helen De Cristoforo
Bought by
Salera Mary Jo and Mellor Robert Carl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daniel Raisin Family Trust -- Priority Title
Daniel Raisin Family Trust $1,225,000 Provident Title
Salera Diane -- None Available
Salera Mary Jo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Raisin Family Trust $670,000
Previous Owner Daniel Raisin Family Trust $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,225,000 +2.5% $615 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $1,195,000 -- $600 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,001 $1,325,977 $974,188 $351,789
2024 $16,001 $1,299,979 $955,087 $344,892
2023 $15,692 $1,274,490 $936,360 $338,130
2022 $14,962 $1,249,500 $918,000 $331,500
2021 $1,123 $62,908 $29,414 $33,494
2020 $1,128 $62,264 $29,113 $33,151
2019 $1,098 $61,044 $28,543 $32,501
2018 $986 $59,848 $27,984 $31,864
2017 $966 $58,676 $27,436 $31,240
2016 $922 $57,527 $26,899 $30,628
2015 $912 $56,663 $26,495 $30,168
2014 $937 $55,554 $25,976 $29,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320004953

California Regional Multiple Listing Service (CRMLS)

APN: 5429-022-031

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