1821 Overland Ave Los Angeles, CA 90025
West Los Angeles NeighborhoodEstimated Value: $2,130,000 - $2,941,472
7
Beds
6
Baths
3,333
Sq Ft
$776/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Balcony
- Cooling System Mounted To A Wall/Window
- Granite Countertops
- 4 Car Direct Access Garage
- Living Room
About This Home
As of January 2014Beautifully remodeled in 2010, this bright and airy 4-Unit multifamily is perfect for a savvy owner occupier or investor/developer looking to build apartments or condos (8 unit apartment possible based on recent feasibility study).
Excellent layout and beautiful finishes such as granite counter tops, stainless steel appliances and hardwood flooring throughout. Roomy deck on second floor is perfect for a kick-back Sunday read.
Centrally located near the 405 and 10 freeways, UCLA, Century City, Westwood Village, Westside Pavilion, Century City Mall, AMC Theater and much more!
Each unit includes a separate gas and power meter. Backyard has four garages with remote powered doors.
Also includes on-site coin operated laundry room.
PLEASE DO NOT DISTURB OCCUPANTS!
1) The 2 bed 2 bath unit has had a RENT INCREASE from 1800 to 2100 per month.
2) The 3 bed 2 bath unit PROJECTED RENT SHOULD BE INCREASED from 2500 to 3100.
Last Agent to Sell the Property
Daniel Taban
NON-MEMBER/NBA or BTERM OFFICE License #01935474 Listed on: 03/05/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,235
Year Built
- Built in 1946
Lot Details
- 6,898 Sq Ft Lot
- Lot Dimensions are 51 x 135
- No Common Walls
- Front Yard Sprinklers
Parking
- 4 Car Direct Access Garage
- 1 Carport Space
- Parking Available
Home Design
- Raised Foundation
- Shingle Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 3,333 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
- Living Room
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- ENERGY STAR Qualified Appliances
- Granite Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Floor Furnace
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 13
- Tax Tract Number 5609
- Assessor Parcel Number 4321004018
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $1,200
- Water Sewer Expense $2,100
- New Taxes Expense $19,500
- Net Operating Income $76,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2013
Closed on
Dec 9, 2013
Sold by
Shahravan Bijan
Bought by
Komberg Edward and Komberg Edit
Seller's Agent
Daniel Taban
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Ramin Gheitanchi
Keller Williams Beverly Hills
List Price
$1,626,000
Sold Price
$1,500,000
Premium/Discount to List
-$126,000
-7.75%
Total Days on Market
272
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,086,118
Avg. Annual Appreciation
4.92%
Original Mortgage
$975,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2008
Sold by
Mckenna James and Estate Of Robert S Meyer
Bought by
Shahravan Bijan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,026
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1994
Sold by
Germain Georgia G and Germain Kay D
Bought by
Meyer Robert S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.83%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 29, 1993
Sold by
Germain Georgia G and Germain Kay D
Bought by
Germain Georgia G and Germain Kay D
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Komberg Edward | $1,500,000 | None Available | |
| Shahravan Bijan | $1,242,027 | Fidelity Natl Title Ins Co | |
| Meyer Robert S | $360,000 | Chicago Title Insurance Co | |
| Germain Georgia G | -- | Chicago Title Insurance Co | |
| Germain Kay D | -- | Chicago Title Insurance Co | |
| Germain Georgia G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Komberg Edward | $975,000 | |
| Previous Owner | Shahravan Bijan | $388,000 | |
| Previous Owner | Shahravan Bi Jan | $318,534 | |
| Previous Owner | Shahravan Bijan | $320,026 | |
| Previous Owner | Meyer Robert S | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2014 01/24/14 | Sold | $1,500,000 | -7.7% | $450 / Sq Ft |
| 12/02/2013 12/02/13 | Pending | -- | -- | -- |
| 03/05/2013 03/05/13 | For Sale | $1,626,000 | -- | $488 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $22,235 | $1,802,730 | $1,322,006 | $480,724 |
| 2023 | $21,810 | $1,767,384 | $1,296,085 | $471,299 |
| 2022 | $20,804 | $1,732,730 | $1,270,672 | $462,058 |
| 2021 | $20,544 | $1,698,756 | $1,245,757 | $452,999 |
| 2019 | $19,934 | $1,648,812 | $1,208,808 | $440,004 |
| 2018 | $19,757 | $1,616,492 | $1,185,106 | $431,386 |
| 2016 | $18,892 | $1,553,301 | $1,139,088 | $414,213 |
| 2015 | $18,616 | $1,529,970 | $1,121,978 | $407,992 |
| 2014 | $16,312 | $1,304,713 | $989,566 | $315,147 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2014
Daniel Taban
NON-MEMBER/NBA or BTERM OFFICE
(310) 770-6866
2 Total Sales
-
Ramin Gheitanchi
Buyer's Agent in 2014
Ramin Gheitanchi
Keller Williams Beverly Hills
(310) 467-0481
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW13036457
APN: 4321-004-018
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