M
Seller's Agent in 2019
Michael Welch
RE/MAX
169 N Clark Dr Beverly Hills, CA 90211
Estimated Value: $2,817,000 - $3,520,131
2
Beds
1
Bath
5,540
Sq Ft
$571/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Spanish Architecture
- 4 Detached Carport Spaces
- Horace Mann Elementary School Rated A
- Laundry Room
- Forced Air Heating System
About This Home
As of December 2019**Major Price Improvement!** Absolutely beautiful 1930 Spanish style fourplex in the heart of Beverly Hills and everything that the area has to offer! This wonderful property has been owned and lovingly maintained by the same family since 1967, over 51 years! A true pride of ownership property is now ready for a new owner in 2019! Each unit features 2 bedrooms and 1 bath, hardwood flooring, individual laundry rooms, faux fireplaces, patios, both front and back doors, spacious kitchens and many 1930s Spanish character details are still in place! All units feature virtually the same floorplan, estimated at roughly 1,385 sq'. This is definitely a property you will be proud to own! Walking distance to many fabulous restaurants, shopping and more. Enjoy all Beverly Hills city services, including schools! Large upside potential with rents, buyer to check with the City of Beverly Hills regarding any rent control.
Last Agent to Sell the Property
Michael Welch
Estate Properties License #01295065 Listed on: 01/10/2019
Last Buyer's Agent
Michael Welch
Keller Williams Capital Valley License #02205533
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 5,750 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- Spanish Architecture
- Quadruplex
- Stucco
Interior Spaces
- 5,540 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 4 Parking Spaces
- 4 Detached Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Property is near public transit
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 85
- Tax Tract Number 7005
- Assessor Parcel Number 4335029044
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Professional Management Expense $7,481
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2021
Sold by
Eghbali Michael and Eghbali Elliott
Bought by
Advanced Properties Llc
Current Estimated Value
Purchase Details
Listed on
Jan 10, 2019
Closed on
Nov 22, 2019
Sold by
Haboosheh Maryam
Bought by
Eghbali Michael
Seller's Agent
Michael Welch
Estate Properties
Buyer's Agent
Michael Welch
Estate Properties
List Price
$4,250,000
Sold Price
$2,550,000
Premium/Discount to List
-$1,700,000
-40%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$1,397,400
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 10, 2019
Closed on
Oct 31, 2019
Sold by
Matthews Jan and Bypass Trust Of Quillin Family
Bought by
Eghbali Michael and Eghbali Elliott
Seller's Agent
Michael Welch
Estate Properties
Buyer's Agent
Michael Welch
Estate Properties
List Price
$4,250,000
Sold Price
$2,550,000
Premium/Discount to List
-$1,700,000
-40%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,400
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2012
Sold by
Quillin Glenn E and The Quillin Family Trust
Bought by
Quillin Glenn E and The Quillin Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Advanced Properties Llc | -- | New Title Company Name | |
| Eghbali Michael | -- | Progressive Title Co Inc | |
| Eghbali Michael | $2,550,000 | Progressive Title Co Inc | |
| Quillin Glenn E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eghbali Michael | $1,397,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2019 12/06/19 | Sold | $2,550,000 | -20.3% | $460 / Sq Ft |
| 10/25/2019 10/25/19 | Pending | -- | -- | -- |
| 10/15/2019 10/15/19 | Price Changed | $3,200,000 | -11.1% | $578 / Sq Ft |
| 08/07/2019 08/07/19 | Price Changed | $3,600,000 | -7.7% | $650 / Sq Ft |
| 02/08/2019 02/08/19 | Price Changed | $3,900,000 | -8.2% | $704 / Sq Ft |
| 01/10/2019 01/10/19 | For Sale | $4,250,000 | -- | $767 / 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 | $35,494 | $2,971,382 | $2,122,416 | $848,966 |
| 2024 | $35,494 | $2,913,120 | $2,080,800 | $832,320 |
| 2023 | $34,860 | $2,856,000 | $2,040,000 | $816,000 |
| 2022 | $31,819 | $2,627,944 | $1,839,561 | $788,383 |
| 2021 | $30,877 | $2,576,417 | $1,803,492 | $772,925 |
| 2020 | $30,772 | $2,550,000 | $1,785,000 | $765,000 |
| 2019 | $2,965 | $208,306 | $149,214 | $59,092 |
| 2018 | $2,760 | $204,223 | $146,289 | $57,934 |
| 2016 | $2,585 | $196,295 | $140,609 | $55,686 |
| 2015 | $2,487 | $193,347 | $138,497 | $54,850 |
| 2014 | $2,445 | $189,561 | $135,785 | $53,776 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19007308
APN: 4335-029-044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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