$505,000
SOLD JAN 12, 2016
1 Bed
1 Bath
2,016 Sq Ft
7,001 Sq Ft Lot

Recently Sold

$250 Per Sq Ft

16% Below List Price

126 Days on Market

Highlights

  • Lawn
  • Living Room
  • Heating System Uses Natural Gas

About This Home

As of September 2023

Four joined dwellings, individually metered. 1 bedroom each. Property also features 4 1-car garages and a long driveway. Located in a pride of ownership neighborhood. Freeway close and a few minutes away from Downtown Los Angeles, Century City, Hollywood and close to Southern California beaches.

Last Agent to Sell the Property

Roman Meza

Century 21 A Better Service Listed on: 08/05/2015

Last Buyer's Agent

Seta Chorbajian

Redfin Corporation License #01419425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,811

Year Built

  • Built in 1925

Lot Details

  • 7,001 Sq Ft Lot
  • Two or More Common Walls
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,016 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5072022005

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,811

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5072022005
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 250.50
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn
  • Lot Size Sq Ft: 7001.00
  • Price Per Lot Square Foot: 72.13
  • Lot Size Acres: 0.1610

Multi Family

  • Lot Size Area: 7001.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Aug 21, 2023
Sold by
Mannino Andrew
Bought by
Ortiz James William
Seller's Agent
Jose Serrano Aguirre
Engel & Völkers La Canada
Buyer's Agent
Randy Sandoval
Deluxe Realty
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%
Views
187
Current Estimated Value
$1,152,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,139
Avg. Annual Appreciation
4.98%
Original Mortgage
$772,500
Outstanding Balance
$759,352
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$369,268

Purchase Details

Listed on
Aug 5, 2015
Closed on
Nov 25, 2015
Sold by
Egans Velma L
Bought by
Mannino Andrew
Seller's Agent
Roman Meza
Century 21 A Better Service
Buyer's Agent
Seta Chorbajian
Redfin Corporation
List Price
$600,000
Sold Price
$505,000
Premium/Discount to List
-$95,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Egans Claud A
Bought by
Egans Claud A
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
Grant Deed $1,030,000 Chicago Title Company
Deed -- Chicago Title Company
Grant Deed $505,000 Fidelity Sherman Oaks
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $772,500 New Conventional
Previous Owner $350,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 New Conventional
Previous Owner $225,000 Unknown
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,030,000 -6.4% $511 / Sq Ft
09/07/2023 09/07/23 Price Changed $1,100,000 0.0% $546 / Sq Ft
09/07/2023 09/07/23 For Sale $1,100,000 0.0% $546 / Sq Ft
03/01/2023 03/01/23 For Sale $1,100,000 +117.8% $546 / Sq Ft
01/12/2016 01/12/16 Sold $505,000 -15.8% $250 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $600,000 -- $298 / 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
2024 $12,811 $1,030,000 $720,000 $310,000
2023 $7,349 $574,599 $347,036 $227,563
2022 $7,022 $563,333 $340,232 $223,101
2021 $6,929 $552,288 $333,561 $218,727
2019 $6,729 $535,909 $323,668 $212,241
2018 $6,553 $525,402 $317,322 $208,080
2016 $710 $39,509 $24,208 $15,301
2015 $703 $38,917 $23,845 $15,072
2014 $722 $38,155 $23,378 $14,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15172451

California Regional Multiple Listing Service (CRMLS)

APN: 5072-022-005