NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,568,000

2 Beds
2 Baths
2,080 Sq Ft
$674/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $1,250,000 $601 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,627/month

40 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Interior Steps
  • Bret Harte Elementary School Rated A
  • Living Room
  • Bungalow

About This Home

As of April 2023

Great investment opportunity on this well maintained four unit property. Each unit is 1BR / 1 Bth. Great opportunity for both first time and experienced investors!

Last Agent to Sell the Property

Kevin & Ivy Robinson

eXp Realty of California Inc License #00895495 Listed on: 02/16/2023

eXp Realty of California Inc

Co-Listed By

Ivy Robinson

eXp Realty of California Inc License #01215581

Last Buyer's Agent

Varouj Madadian

Galaxy Real Estate Services License #01013113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,350

Year Built

  • Built in 1947

Lot Details

  • 6,392 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Sprinklers on Timer

Parking

  • 4 Car Garage
  • Parking Available
  • Garage Door Opener
  • No Driveway
  • Assigned Parking

Home Design

  • Bungalow
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 13215
  • Assessor Parcel Number 2436011004
  • $341 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Greenbelt

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,300
  • Maintenance Expense $3,000
  • Professional Management Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $1,800
  • Operating Expense $10,575
  • Gross Income $58,740
  • Net Operating Income $48,165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,350

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: agent
  • Other Phone Number: 714-553-9527
  • Price Per Unit: 312500
  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: BUR4*
  • Architectural Style: Bungalow
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2436011004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: ground level entry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 600.96
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener, No Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal, Gas Oven
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Landscaped, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 6392.00
  • Lot Size Acres: 0.1467

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 1 Square Feet
  • Average Studio Area: 520 Square Feet
  • Gross Income: 58740.00
  • Gross Scheduled Income: 58740.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 6392.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 48165.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 10575.00
  • Rent Control: No
  • Total Actual Rent: 4850.00
  • Total Expenses: 10575.00

Tax Info

  • Tax Census Tract: 3111.00
  • Tax Lot: 3
  • Tax Tract Number: 13215
  • TaxOtherAnnualAssessmentAmount: 341.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Elyaspoor Sevak
Bought by
1765 North Hollywood Way Llc
Current Estimated Value
$1,401,578

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 6, 2023
Sold by
Markarian Evet
Bought by
Elyaspoor Sevak
Seller's Agent
Kevin & Ivy Robinson
eXp Realty of California Inc
Buyer's Agent
Varouj Madadian
Galaxy Real Estate Services
List Price
$1,250,000
Sold Price
$1,250,000
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$625,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 29, 2023
Sold by
Ellen Jane Hammonds Trust
Bought by
Eliaspoor Sevak
Seller's Agent
Kevin & Ivy Robinson
eXp Realty of California Inc
Buyer's Agent
Varouj Madadian
Galaxy Real Estate Services
List Price
$1,250,000
Sold Price
$1,250,000
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
1765 North Hollywood Way Llc -- None Listed On Document
Elyaspoor Sevak -- Orange Coast Title Company
Elyaspoor Sevak -- Orange Coast Title Company
Eliaspoor Sevak $1,250,000 Orange Coast Title Company
Eliaspoor Sevak $1,250,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elyaspoor Sevak $625,000
Previous Owner Eliaspoor Sevak $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $1,250,000 0.0% $601 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $1,250,000 -- $601 / 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 $14,350 $1,300,500 $873,936 $426,564
2024 $14,350 $1,275,000 $856,800 $418,200
2023 $13,910 $1,224,000 $816,000 $408,000
2022 $1,277 $86,109 $35,315 $50,794
2021 $1,259 $84,422 $34,623 $49,799
2019 $1,217 $82,660 $33,597 $49,063
2018 $1,110 $81,055 $32,939 $48,116
2016 $1,033 $77,199 $31,661 $45,538
2015 $1,016 $76,040 $31,186 $44,854
2014 $1,042 $74,552 $30,576 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23024743

California Regional Multiple Listing Service (CRMLS)

APN: 2436-011-004