NOT LISTED FOR SALE

Estimated Value: $2,109,000 - $2,714,746

4 Beds
3 Baths
1,945 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $2,150,000 $1,105 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,749/month

13 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Garage
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Attached Carport

About This Home

As of November 2022

Amazing investment or development opportunity in West LA! This property features a 3bd/2ba house in the front and a 1bd/1ba house in the back that sits on an over 9,000 sqft lot. The possibilities are endless as each of the units have been primed for complete renovation and are ready for anyone looking to build their dream home or income property. Seller has RTI plans for complete interior remodel for both houses. A long, fully paved and private driveway as well as a covered patio offer you the opportunity to grant private access to each unit while also having plenty of parking. The expansive backyard offers the opportunity to design multiple patio areas or plant a garden for growing fruits and vegetables. Conveniently located close to all amazing attractions Sawtelle has to offer such as fine dining, shopping, local boutiques, and entertainment, as well as quick access to I-405 & I-10, Cheviot Hills Recreation Center, Amazon Studios, Santa Monica Airport, parks, and much more! Schedule your private tour today.

Last Agent to Sell the Property

R. Austin Brasch

The Agency License #01980889 Listed on: 09/22/2022

The Agency

Co-Listed By

James Suarez

Real Broker License #01433992

Last Buyer's Agent

Elham Khani

Coldwell Banker Realty License #01989596

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,505

Year Built

  • Built in 1930

Lot Details

  • 9,071 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 3 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper

Interior Spaces

  • 1,945 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4262-027-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,505

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Building Permit: Yes
  • Entry Location: Main Level
  • Living Area: 1945
  • Lot Acreage: 0.2082
  • Probate: No
  • Property Condition: Fixer
  • Year Built: 1930
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room, Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 1105.40

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 3 Car, Garage Is Detached, Driveway, Carport Attached
  • Total Parking: 7

Utilities

  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Heaters: No

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 15.38
  • Assessed Improvement Value: 222063
  • Assessed Land Percent: 84.62
  • Assessed Land Value: 1221354
  • Total Assessed Value: 1443417
  • Assessor Parcel Number: 4262-027-029
  • Lot Size Area: 9071

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Total Annual Expense: 9400
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 11, 2022
Sold by
Rhbs Inc 401K Profit Sharing
Bought by
Luxury Plaza Llc
Seller's Agent
R. Austin Brasch
The Agency
Buyer's Agent
Elham Khani
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$2,150,000
Views
12
Current Estimated Value
$2,316,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,937
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Morikawa Gregg T and The Mitsuru Morikawa & Marjori
Bought by
Rhbs Inc 401 K Profit Sharing

Purchase Details

Closed on
Apr 24, 2000
Sold by
Morikawa M
Bought by
Morikawa Marjorie

Purchase Details

Closed on
Sep 17, 1998
Sold by
Morikawa Mitsuru and Morikawa Marjorie M
Bought by
Morikawa Mitsuru and Morikawa Marjorie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luxury Plaza Llc $2,050,000 Chicago Title Company
Rhbs Inc 401 K Profit Sharing $1,300,000 Title 365
Morikawa Marjorie -- --
Morikawa Mitsuru -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $2,150,000 0.0% $1,105 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $2,150,000 -- $1,105 / Sq Ft
Source: The MLS

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 $25,505 $2,132,820 $1,924,740 $208,080
2024 $25,505 $2,091,000 $1,887,000 $204,000
2023 $25,011 $2,050,000 $1,850,000 $200,000
2022 $17,581 $1,472,285 $1,245,781 $226,504
2021 $17,367 $1,443,417 $1,221,354 $222,063
2020 $17,546 $1,428,618 $1,208,831 $219,787
2019 $16,849 $1,400,607 $1,185,129 $215,478
2018 $16,653 $1,373,145 $1,161,892 $211,253
2016 $15,931 $1,319,825 $1,116,775 $203,050
2015 $1,330 $101,742 $59,745 $41,997
2014 $1,351 $99,750 $58,575 $41,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-202141

The MLS

APN: 4262-027-029