NOT LISTED FOR SALE

1729 N Occidental Blvd Los Angeles, CA 90026

Estimated Value: $1,302,000 - $2,338,000

4 Beds
4 Baths
2,218 Sq Ft
$808/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $1,620,000 $730 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,563/month

29 Days on Market

About This Home

As of August 2016

NO SHOWINGS WITHOUT AN ACCEPTED OFFER. We are proud to present the exclusive listing of 1729 Occidental Blvd. This rare value-add opportunity is great for both investors and owner-user looking for a well located 4 unit property in the heart of PRIME Silver Lake. Tenants enjoy being just slightly off of bustling Silver Lake Blvd, but within a brief walk to trendy restaurants and popular coffee shops. Don' t miss out on this incredible opportunity to reposition a property, located in one of LA' s most sought after rental markets.

Last Agent to Sell the Property

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 01/18/2016

Keller Williams Beverly Hills

Last Buyer's Agent

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 01/18/2016

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,215

Lot Details

  • 3,125 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5423-022-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,215

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 155601
  • Assessed Land Value: 67683
  • Assessor Parcel Number: 5423-022-018
  • Geocode Override: No
  • Lot Size Area: 3125

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 25.54
  • Number Of Units: 4
  • Total Annual Expense: 17096
  • Type Of Units: 1+1
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Aug 22, 2016
Sold by
Chaudhry Samina Lala
Bought by
Chaudhry Atif
Seller's Agent
Zac Freehling
Keller Williams Beverly Hills
Buyer's Agent
Zac Freehling
Keller Williams Beverly Hills
List Price
$950,000
Sold Price
$1,620,000
Premium/Discount to List
$670,000
70.53%
Current Estimated Value
$1,791,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,667
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Grigsby Jefferson Eugene
Bought by
Chaudhry Atif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
3.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Chaudhry Atif -- First American Title Ins Co
Chaudhry Atif $1,620,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaudhry Atif $1,053,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $1,620,000 +70.5% $730 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $950,000 -- $428 / 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 $14,215 $1,183,791 $828,655 $355,136
2024 $14,215 $1,160,580 $812,407 $348,173
2023 $13,939 $1,137,825 $796,478 $341,347
2022 $13,287 $1,115,515 $780,861 $334,654
2021 $13,121 $1,093,643 $765,550 $328,093
2019 $12,726 $1,061,207 $742,845 $318,362
2018 $12,690 $1,040,400 $728,280 $312,120
2016 $2,911 $226,688 $68,715 $157,973
2015 $2,871 $223,284 $67,683 $155,601
2014 $2,906 $218,911 $66,358 $152,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-973381

The MLS

APN: 5423-022-018