NOT LISTED FOR SALE

Estimated Value: $2,568,000 - $3,459,000

11 Beds
12 Baths
6,123 Sq Ft
$512/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2024

Last sale price $3,565,000 $582 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $20,631 / mo

153 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Bar
  • City Lights View
  • Modern Architecture
  • Walk-In Closet

About This Home

As of December 2024

ARCHITECTURAL MASTERPIECE!!! 1807 Beloit Ave is an ultra-high-end FULLY LEASED 2024 luxury triplex located in the Sawtelle Japantown neighborhood walking distance to the countless trendy shops and restaurants centered on Sawtelle Boulevard and minutes from UCLA, Westwood Village and Brentwood. This high-end building will be delivered 100% stabilized with the 4-bedroom units rented at $6,895/mo each & the 3-bedroom unit rented at $5,595/mo! 1807 Beloit boasts an ideal unit mix of two MASSIVE (2,299+ sq ft) 4-bedroom, 3-bathroom tri-level townhome style units and one equally as impressive 3-bedroom, 2-bathroom unit! These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, large waterfall islands, modern glossy cabinets, high ceilings, huge closets, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl and enormous private balconies with bifold glass doors that create indoor/outdoor space. In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 06/26/2024

Co-Listed By

Isaac Davidi

The Davidi Company Brokerage Phone: 818-850-8485 License #01819489

Last Buyer's Agent

Trina Gagliano

Vista Sotheby's International Realty License #02119318

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,118

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,186 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Triplex
  • Modern Architecture
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 6,123 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Bar
  • Living Room
  • Living Room Balcony
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Walk-In Closet
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Attached Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 1 / A
  • Tax Tract Number 2677
  • Assessor Parcel Number 4261020008
  • $236 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,449
  • Maintenance Expense $1,200
  • Water Sewer Expense $600
  • New Taxes Expense $43,118
  • Operating Expense $48,568
  • Gross Income $232,620
  • Net Operating Income $174,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,118

Year Built

Built in 2024 | New Construction

Lot Details

4,186 Sq Ft Lot

Listing Details

  • CapRate: 4.86
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LAR3
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4261020008
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Bar, Living Room Balcony, Open Floorplan
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Three Or More
  • Price Per Square Foot: 582.23
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4186.00
  • Lot Size Acres: 0.0961

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1463 Square Feet
  • Gross Income: 232620.00
  • Gross Multiplier: 15.45
  • Gross Operating Income: 223315.00
  • Gross Scheduled Income: 232620.00
  • Insurance Expense: 2449.00
  • Lot Size Area: 4186.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 174748.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 48568.00
  • Rent Control: No
  • Total Actual Rent: 19385.00
  • Total Expenses: 48568.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 43118.00
  • Tax Area: 67
  • Tax Block: A
  • Tax Census Tract: 2677.00
  • Tax Lot: 1
  • Tax Tract Number: 2677
  • Tax Annual Amount: 43118.00
  • TaxOtherAnnualAssessmentAmount: 236.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Bought by
Current Estimated Value
$3,134,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
0.06%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Trina Gagliano
Vista Sotheby's International Realty
List Price
$3,595,000
Sold Price
$3,565,000
Premium/Discount to List
-$30,000
-0.83%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.88%

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Elizabeth Layne
Estate Properties
Buyer's Agent
Isaac Davidi
The Davidi Company
List Price
$1,179,000
Sold Price
$1,200,000
Premium/Discount to List
$21,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.58%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
0.0565%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title
$3,565,000 Provident Title Company
$1,200,000 Provident Title
-- Commonwealth Title
-- Orange Coast Title
-- Orange Coast Title
$145,000 Gateway Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,300,000
Previous Owner $1,965,000
Previous Owner $654,000
Previous Owner $600,000
Previous Owner $176,000
Previous Owner $322,700
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $3,565,000 -0.8% $582 / Sq Ft
06/26/2024 06/26/24 For Sale $3,595,000 +199.6% $587 / Sq Ft
12/14/2021 12/14/21 Sold $1,200,000 +1.8% $658 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,179,000 -- $646 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $42,651 $3,565,000 $1,565,000 $2,000,000
2024 $15,210 $1,248,480 $832,320 $416,160
2023 $14,916 $1,224,000 $816,000 $408,000
2022 $14,220 $1,200,000 $800,000 $400,000
2021 $6,483 $540,144 $313,256 $226,888
2019 $6,288 $524,124 $303,965 $220,159
2018 $6,242 $513,848 $298,005 $215,843
2016 $5,956 $493,896 $286,434 $207,462
2015 $5,868 $486,478 $282,132 $204,346
2014 $5,897 $476,950 $276,606 $200,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24129392

California Regional Multiple Listing Service (CRMLS)

APN: 4261-020-008

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