Seller's Agent in 2016
Darren Hubert
Real Broker
(323) 898-2991
1 in this area
66 Total Sales
Estimated Value: $1,605,000
Fantastic blend of residential (2 units) & commercial (2- units) on a corner lot zoned LAC1. The detached commercial storefronts/studios shelter the residential duplex from Hyperion Avenue. Great potential for owner occupancy or investment in a very strong rental market bordering Los Feliz and Silver Lake in Franklin Hills. Commercial space is currently being used by one tenant and is over 1,000 square feet. Upper unit has a lot of charm with hillside views, 11' barrel ceilings, grand wood burning fireplace, inlaid hardwood floors, arched windows, impressive front entry, and private backyard with off street parking on Udell Court. Two one car garages on site. Located in a highly walkable retail corridor, across the street from Casita del Campo restaurant and next to the new Nana Coffee Shop. It is also a short walk to Sunset Junction. The location also places you in the highly-rated Franklin Avenue Elementary School zone. Property will require a commercial loan. Check out video link.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mkhillside Llc | $1,336,000 | Fidelity Sherman Oaks | |
| Hajek Christopher J | -- | Chicago Title | |
| Forneret Erica M | $815,000 | Usa National Title Company | |
| Hatch Peter | $104,026 | Chicago Title Company | |
| Chavez Jose A | $1,175,000 | United Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mkhillside Llc | $668,000 | |
| Previous Owner | Hajek Christopher J | $480,000 | |
| Previous Owner | Forneret Erica M | $400,000 | |
| Previous Owner | Chavez Jose A | $500,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2016 04/22/16 | Sold | $1,336,000 | -0.7% | $416 / Sq Ft |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- |
| 02/18/2016 02/18/16 | For Sale | $1,345,000 | -- | $419 / Sq Ft |
| 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 | $20,597 | $1,700,900 | $1,183,794 | $517,106 |
| 2024 | $20,597 | $1,667,550 | $1,160,583 | $506,967 |
| 2023 | $20,200 | $1,634,854 | $1,137,827 | $497,027 |
| 2022 | $19,265 | $1,602,799 | $1,115,517 | $487,282 |
| 2021 | $19,025 | $1,571,373 | $1,093,645 | $477,728 |
| 2019 | $18,458 | $1,524,767 | $1,061,208 | $463,559 |
| 2018 | $16,983 | $1,379,570 | $1,040,400 | $339,170 |
| 2016 | $10,879 | $876,629 | $541,129 | $335,500 |
| 2015 | $10,723 | $863,462 | $533,001 | $330,461 |
| 2014 | $10,760 | $846,549 | $522,561 | $323,988 |
Seller's Agent in 2016
Darren Hubert
Real Broker
(323) 898-2991
1 in this area
66 Total Sales
Buyer's Agent in 2016
Joe Cloninger
Real Broker
(213) 915-4474
1 in this area
47 Total Sales
Source: The MLS
MLS Number: 16-983175
APN: 5430-013-021