NOT LISTED FOR SALE

1737 N Alexandria Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,605,000 - $2,081,000

3 Beds
2 Baths
3,464 Sq Ft
$518/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $1,650,000 $476 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,253/month

Highlights

  • Lawn
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of March 2022

We are proud to represent this 4 unit apartment building in Los Feliz.
The building was constructed in 1918. Its unit mix consist of (2) one-bedroom, one-bathroom units and
(2) two bedroom one bath units. Upgrades on the property include new windows, tankless water heaters,
new staircase, and copper plumbing. With a lot size of 6,816 square feet, the property has a total of 3,464
rentable square feet.
An astute investor will enjoy significant upside in rents over time and a well maintained building.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 01/13/2022

Equity Union

Last Buyer's Agent

Eray Erdogan

Fathom Realty Group Inc. License #02005992

Fathom Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,211

Year Built

  • Built in 1918

Lot Details

  • 6,804 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • 3,464 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 189
  • Assessor Parcel Number 5589035014
  • $577 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,453
  • Water Sewer Expense $3,000
  • Operating Expense $30,583
  • Gross Income $87,912
  • Net Operating Income $54,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,211

Year Built

Built in 1918

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 425000
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5589035014
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 476.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6804.00
  • Lot Size Acres: 0.1562

Multi Family

  • Gross Income: 87912.00
  • Gross Scheduled Income: 87912.00
  • Insurance Expense: 2453.00
  • Lot Size Area: 6804.0000 Square Feet
  • Net Operating Income: 54692.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 30583.00
  • Rent Control: No
  • Total Expenses: 30583.00

Tax Info

  • Tax Census Tract: 1892.01
  • Tax Lot: 23
  • Tax Tract Number: 189...
  • TaxOtherAnnualAssessmentAmount: 577.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Balakhchyan Arman
Bought by
Ina Mb Llc
Current Estimated Value
$1,794,223

Purchase Details

Closed on
Jun 8, 2015
Sold by
Ina Mb Llc
Bought by
Balakhchyan Arman

Purchase Details

Closed on
Mar 11, 2014
Sold by
Balakhchyan Arman
Bought by
Ina Mb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2013
Sold by
Balakhchyan Arman
Bought by
Ina Mb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Sold by
Ina Mb Llc
Bought by
Balakhchyan Arman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2011
Sold by
Ghukasyan Armine
Bought by
Ina Mb Llc

Purchase Details

Closed on
Nov 9, 2010
Sold by
Balakhchyan Arman
Bought by
Ghukasyan Armine

Purchase Details

Closed on
Nov 8, 2010
Sold by
Tahmizian Adriana
Bought by
Tahmizian Mardiros B

Purchase Details

Closed on
Nov 5, 2010
Sold by
The Kotikian Family Trust
Bought by
Ghukasyan Armine

Purchase Details

Closed on
Sep 30, 2010
Sold by
Kotikian Araxie B
Bought by
Kotikian Araxie B and Tahmizian Mardiros B

Purchase Details

Closed on
Aug 18, 2009
Sold by
Kotikian Araxie B
Bought by
Kotikian Vanik

Purchase Details

Closed on
Nov 12, 1993
Sold by
Tahmizian Hermine B
Bought by
Kotikian Araxie B and Tahmizian Araxie B

Purchase Details

Closed on
Oct 27, 1993
Sold by
Tahmizian Mardiros B
Bought by
Tahmizian Hermine B
Source: Public Records

Range of Values:

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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
Ina Mb Llc -- Chicago Title
Balakhchyan Arman -- Western Resources Title Co
Balakhchyan Arman -- Western Resources Title Co
Ina Mb Llc -- None Available
Balakhchyan Arman -- American Coast Title Company
Balakhchyan Arman -- American Coast Title Company
Ina Mb Llc -- American Coast Title Company
Balakhchyan Arman -- American Coast Title Company
Balakhchyan Arman -- American Coast Title Company
Ina Mb Llc -- None Available
Ghukasyan Armine -- Fidelity Natl Title Ins Co
Tahmizian Mardiros B -- Fidelity Natl Title Ins Co
Ghukasyan Armine $645,000 Fidelity Natl Title Ins Co
Kotikian Vanik -- Fidelity Natl Title Ins Co
Kotikian Araxie B -- Landsafe Title Co
Kotikian Vanik -- None Available
Kotikian Araxie B -- --
Tahmizian Hermine B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balakhchyan Arman $634,000
Previous Owner Balakhchyan Arman $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2022 03/24/22 Sold $1,650,000 -2.9% $476 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,700,000 0.0% $491 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $1,700,000 -- $491 / 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 $21,211 $1,750,992 $1,273,449 $477,543
2024 $21,211 $1,716,660 $1,248,480 $468,180
2023 $20,803 $1,683,000 $1,224,000 $459,000
2022 $9,685 $778,689 $544,480 $234,209
2021 $9,554 $763,421 $533,804 $229,617
2019 $9,276 $740,779 $517,972 $222,807
2018 $9,117 $726,255 $507,816 $218,439
2016 $8,695 $698,055 $488,098 $209,957
2015 $8,571 $687,571 $480,767 $206,804
2014 $8,621 $674,103 $471,350 $202,753
Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2022

    Cindy Hill

    Equity Union

    (818) 640-8360

    1 in this area

    77 Total Sales

    Cindy Hill
    Section Image
  • Eray Erdogan

    Buyer's Agent in 2022

    Eray Erdogan

    Fathom Realty Group Inc.

    (310) 600-3254

    1 in this area

    12 Total Sales

    Eray Erdogan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22007603

California Regional Multiple Listing Service (CRMLS)

APN: 5589-035-014

California Los Angeles County Los Angeles 90027 Los Feliz

1737 N Alexandria Ave, Los Angeles, CA

This home is located at 1737 N Alexandria Ave, Los Angeles, CA 90027 since 13 January 2022 and is currently estimated at $1,794,223, approximately $517 per square foot. This property was built in 1918. 1737 N Alexandria Ave is a home located in Los Angeles County with nearby schools including Los Feliz STEMM Magnet, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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.

California Regional Multiple Listing Service (CRMLS) 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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