$1,250,000
SOLD JUL 21, 2025
4 Beds
4 Baths
7,039 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

16% Below List Price

72 Days on Market

About This Home

As of July 2025

4 Unit Apartments - Retail 706 West 49th Street, Los Angeles. The properties consist of:1. 4901-4905 South Western Avenue A single story freestanding multi-tenant commercial office/retail building with a total building size of +/- 3,096 sq. ft..2. 1706-1712 West 49th Street - A two story multi-family apartment building with a total building size of +/- 3,988 sq. ft.. There are four (4) units.

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 03/10/2025

Home Team Realty

Last Buyer's Agent

Melvianne Andersen

Melvianne Andersen License #01721467

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 1921

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 53x141

Home Design

  • Split Level Home

Interior Spaces

  • 7,039 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5016-026-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,196

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 7039
  • Lot Acreage: 0.1720
  • Lot Dimensions: 53x141
  • Probate: No
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 183.97

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 180269
  • Assessed Land Percent: 70
  • Assessed Land Value: 420635
  • Total Assessed Value: 600904
  • Assessor Parcel Number: 5016-026-001
  • Lot Size Area: 7492

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Total Annual Expense: 0
  • Type Of Units: mix used
  • Vacancy Rate: 50

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Jul 17, 2025
Sold by
Quarles Briana Johnston
Bought by
Quarles Krishaun
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Melvianne Andersen
Melvianne Andersen
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-83.76%
Original Mortgage
$420,000
Outstanding Balance
$420,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$585,063

Purchase Details

Listed on
Mar 10, 2025
Closed on
Jul 9, 2025
Sold by
Khk Properties Llc
Bought by
Quarles Krishaun
Seller's Agent
Shawn Mehrannia
Home Team Realty
Buyer's Agent
Melvianne Andersen
Melvianne Andersen
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$420,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$585,063

Purchase Details

Closed on
Nov 14, 2013
Sold by
49Th Western Llc
Bought by
Khk Properties Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Community Commerce Bank
Bought by
Tishbi Esther

Purchase Details

Closed on
Sep 21, 2010
Sold by
Robinson Kenneth and Robinson Jennifer A
Bought by
Community Commerce Bank

Purchase Details

Closed on
Jul 15, 2003
Sold by
Taber Linda and Taber Terri Jan
Bought by
Robinson Kenneth and Robinson Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2001
Sold by
Teich Evelyn Graham and Teich Daniel V
Bought by
Teich Evelyn Graham and Teich Survivors Trust

Purchase Details

Closed on
Mar 23, 1999
Sold by
Transworld Bank
Bought by
Taber Lloyd W and Taber Lelah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1997
Sold by
Boren No 61 1874 00 Bank Of Beverly Hills Cst
Bought by
Transworld Bank

Purchase Details

Closed on
Sep 7, 1993
Sold by
First Independent Trust Deed Services
Bought by
The Bank Of Beverly Hills
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 Type Sale Price Title Company
Quit Claim Deed -- Provident Title Company
Grant Deed $1,250,000 Provident Title Company
Grant Deed $500,005 Title 365
Grant Deed -- Title 365
Grant Deed $435,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Trustee Deed $364,056 Accommodation
Grant Deed $515,000 Stewart Title
Interfamily Deed Transfer -- --
Grant Deed $400,000 Commonwealth Title
Quit Claim Deed -- --
Trustee Deed $294,154 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $250,000 Commercial
Previous Owner $15,500 Commercial
Previous Owner $330,000 Commercial
Previous Owner $300,000 Commercial
Closed $82,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $1,250,000 -3.5% $178 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $1,295,000 -13.4% $184 / Sq Ft
03/10/2025 03/10/25 For Sale $1,495,000 -- $212 / 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 $8,196 $612,921 $429,047 $183,874
2024 $8,196 $600,904 $420,635 $180,269
2023 $8,056 $589,123 $412,388 $176,735
2022 $7,715 $577,572 $404,302 $173,270
2021 $7,582 $566,248 $396,375 $169,873
2020 $7,645 $560,443 $392,311 $168,132
2019 $7,372 $549,455 $384,619 $164,836
2018 $7,184 $538,682 $377,078 $161,604
2017 $7,042 $528,121 $369,685 $158,436
2016 $6,807 $517,767 $362,437 $155,330
2015 $6,715 $509,990 $356,993 $152,997
2014 $6,758 $500,000 $350,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25509555

The MLS

APN: 5016-026-001