$1,435,000
SOLD JAN 29, 2020
4 Beds
5 Baths
2,784 Sq Ft
6,836 Sq Ft Lot

Recently Sold

$515 Per Sq Ft

3% Above List Price

11 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Private Yard
  • John Marshall Senior High Rated A
  • Great Room
  • Wood Frame Window

About This Home

As of January 2020

Who says you can't have it all? Own a triplex with character and charm! With two units + a single family home; you can collect rental income and enjoy living in a classic turn of the century home with hardwood floors and custom cabinetry. Located in Los Feliz just north of Hollywood Blvd, it's across the street from Barnsdall Art Park and not far from Kaiser Permanente Hospital or the Metro-line stations. Walk to Starbucks or trendy Vermont Village. The two rental units at the back of the property share both a large patio area and common laundry room with coin operated washer & dryer. Unit #A, on the lower level is a studio unit with kitchenette. Upstairs, Unit #B is a spacious one bedroom with hardwood floors, living room and dining area. It's light, bright and adorable. The main house with just over 1,700 sqft. features 2 beds, 3 bathrooms, plus huge family and living
rooms with fireplaces. A convertible den, also with fireplace, and attached bath could be a third bedroom, office or formal dining room. Newly refinished hardwood floors and painted interior. Drought tolerant landscaping in front saves water. Tranquil grassy backyard with orange and fig trees, too! You can't go wrong. Neighborhood gentrification continues to add value with nearby construction that includes a mixed use Retail/ Restaurant development and an 18 home, small lot, single family subdivision. Seller is a trust, this home being sold “as is” Why wait? Interest rates aren't going any lower!

Last Agent to Sell the Property

Steve Nemeth

RE/MAX One License #00932380 Listed on: 12/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,941

Year Built

  • Built in 1916

Lot Details

  • 6,836 Sq Ft Lot
  • Desert faces the front of the property
  • No Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Brick Fence
  • Chain Link Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

Home Design

  • Triplex
  • Craftsman Architecture
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 2,784 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Atrium Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Attached Carport Space
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 5589031023

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,941

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Paul Place
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5589031023
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Door Features: Atrium Doors, French Doors
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 515.45
  • Room Type: Great Room, Kitchen, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Brick, Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Paved
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Tankless Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Desert Front, Lawn, Lot 6500-9999, Rectangular Lot, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 6836.00
  • Lot Size Acres: 0.1569

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6836.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1892.01
  • Tax Lot: 8
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 13, 2020
Sold by
Manjikian Meenas and Hermine Manjikian Living Trust
Bought by
Wasserman Samuel and Sedaghat Desireh
Seller's Agent
Steve Nemeth
RE/MAX One
List Price
$1,399,000
Sold Price
$1,435,000
Premium/Discount to List
$36,000
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 8, 2020
Sold by
Wasserman Sheila
Bought by
Wasserman William P
Seller's Agent
Steve Nemeth
RE/MAX One
List Price
$1,399,000
Sold Price
$1,435,000
Premium/Discount to List
$36,000
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 17, 2019
Sold by
Badavaganian Rubina and Manjikian Rubina
Bought by
Manjikian Meenas and Hermine Manjikian Living Trust
Seller's Agent
Steve Nemeth
RE/MAX One
List Price
$1,399,000
Sold Price
$1,435,000
Premium/Discount to List
$36,000
2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2001
Sold by
Manjikian Hermine
Bought by
Manjikian Hermine and The Hermine Manjikian Living T
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 $1,435,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,799 Credit Line Revolving
Closed $195,500 New Conventional
Open $1,275,000 Balloon
Closed $400,000 Commercial
Closed $1,004,500 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Previous Owner $110,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $2,095,000 +46.0% $691 / Sq Ft
01/29/2020 01/29/20 Sold $1,435,000 +2.6% $515 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $1,399,000 -- $503 / 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 $18,941 $1,569,378 $1,175,668 $393,710
2024 $18,941 $1,538,607 $1,152,616 $385,991
2023 $18,575 $1,508,439 $1,130,016 $378,423
2022 $17,712 $1,478,862 $1,107,859 $371,003
2021 $17,493 $1,449,866 $1,086,137 $363,729
2020 $1,390 $85,356 $54,220 $31,136
2019 $1,350 $83,683 $53,157 $30,526
2018 $1,259 $82,043 $52,115 $29,928
2016 $1,172 $78,860 $50,093 $28,767
2015 $1,158 $77,676 $49,341 $28,335
2014 $1,182 $76,155 $48,375 $27,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19272059

California Regional Multiple Listing Service (CRMLS)

APN: 5589-031-023