Seller's Agent in 2022
Jag Singh
Keller Williams - Eagle Rock
(626) 331-1234
1 in this area
37 Total Sales
1916 Mayview Dr Los Angeles, CA 90027
Los Feliz NeighborhoodEstimated Value: $1,145,971 - $1,453,000
3
Beds
3
Baths
2,064
Sq Ft
$624/Sq Ft
Est. Value
Highlights
- Laundry Room
- Franklin Avenue Elementary Rated A-
- Paved or Partially Paved Lot
About This Home
As of September 2022Welcome to every investor’s dream! This property is comprised of a duplex (1916-1918 Mayview Drive) and detached house (3817 DeLongpre Ave) in the coveted Franklin Hills, Los Feliz area. The spacious 1B+1B units all have laundry hookups and their own private deck/backyard areas. 1918 Mayview has been completely renovated and features central AC/heat, new flooring, and updated kitchen and bathroom. Gas and electric are separately metered. Tenants enjoy beautiful views and the convenience of being close to hip local eateries and shopping. Nestled between the 2, 5, and 101 Freeways, and ten minutes from Griffith Park, this is a prime and attractive location for tenants and a great opportunity for the new owner to achieve rental upside potential.
Last Agent to Sell the Property
Keller Williams - Eagle Rock License #01886951 Listed on: 07/21/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,304 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
Home Design
- 2,064 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 2 / 3
- Tax Tract Number 3594
- Assessor Parcel Number 5430014009
- $14,703 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,768
- Trash Expense $558
- Water Sewer Expense $558
- New Taxes Expense $15,868
- Operating Expense $28,582
- Gross Income $83,472
- Net Operating Income $52,385
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Sep 26, 2022
Sold by
Jeff R Kurtzman Revocable Living Trust
Bought by
Dbk Mayview Llc
Seller's Agent
Jag Singh
Keller Williams - Eagle Rock
List Price
$1,350,000
Sold Price
$1,160,000
Premium/Discount to List
-$190,000
-14.07%
Views
7
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
$128,493
Avg. Annual Appreciation
3.06%
Original Mortgage
$754,000
Outstanding Balance
$710,281
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$578,212
Purchase Details
Closed on
Jul 13, 2010
Sold by
Malani Lloyd and Vanderkar Peter R
Bought by
Kurtzman Jeff R and Kurtzman Revocable Livi Jeff R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 2002
Sold by
Malani Lloyd
Bought by
Malani Lloyd and Vanderkar Peter R
Purchase Details
Closed on
Aug 29, 2001
Sold by
Malani Lloyd K and Malani Wayne A
Bought by
Malani Lloyd K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dbk Mayview Llc | $1,160,000 | Old Republic Title | |
| Kurtzman Jeff R | $640,000 | Equity Title Los Angeles | |
| Malani Lloyd | -- | -- | |
| Malani Lloyd K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dbk Mayview Llc | $754,000 | |
| Previous Owner | Kurtzman Jeff R | $590,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $1,160,000 | -14.1% | $562 / Sq Ft |
| 07/21/2022 07/21/22 | For Sale | $1,350,000 | -- | $654 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,498 | $1,206,863 | $965,491 | $241,372 |
| 2024 | $14,498 | $1,183,200 | $946,560 | $236,640 |
| 2023 | $14,217 | $1,160,000 | $928,000 | $232,000 |
| 2022 | $23,724 | $772,650 | $540,858 | $231,792 |
| 2021 | $23,606 | $757,501 | $530,253 | $227,248 |
| 2020 | $23,697 | $749,734 | $524,816 | $224,918 |
| 2019 | $23,331 | $735,034 | $514,526 | $220,508 |
| 2018 | $23,266 | $720,623 | $504,438 | $216,185 |
| 2016 | $22,868 | $692,643 | $484,851 | $207,792 |
| 2015 | $8,323 | $682,240 | $477,569 | $204,671 |
| 2014 | $8,364 | $668,877 | $468,215 | $200,662 |
Source: Public Records
Agents Affiliated with this Home
-
Jag Singh
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22160540
APN: 5430-014-009
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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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