NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,773,000

4 Beds
3 Baths
2,700 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,425,000 $528 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,692/month

9 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Stone Countertops
  • Contemporary Architecture
  • High Ceiling
  • Lawn

About This Home

As of June 2022

Stunning, lovingly remodeled and very well maintained gated duplex in red-hot area....this one you will be proud to own!! Both top and bottom units are light, bright and fully remodeled with Faux fireplaces: double pane windows, crown molding throughout, newer HVAC units, GORGEOUS hardwood floors throughout, kitchen & baths with beautiful slate floors, designer window blinds, sconces and lighting make this property a showpiece. Well maintained frontyard landscaping with palm trees, backyard is wonderful peaceful escape with tenant areas to relax and have parties and be social. All bathrooms and kitchens fully remodeled with designer tiling, Cesar stone counter tops, fixtures and finishes. Plenty of off street parking and inside laundry in both units! Big upside in rents.

Last Agent to Sell the Property

Randy Wright

Christie's International Real Estate SoCal License #01410916 Listed on: 05/25/2022

Christie's International Real Estate SoCal

Last Buyer's Agent

Daniel Kohanbash

Keller Williams Beverly Hills License #02046316

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,207

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,664 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Landscaped
  • Lawn
  • Front Yard

Property Views

  • City Lights
  • Trees
  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Duplex
  • Contemporary Architecture
  • Flat Roof Shape
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • Bar
  • High Ceiling
  • Double Pane Windows
  • Blinds
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Deck
  • Shared Driveway

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Multi-Tank Hot Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5061-017-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,207

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2700
  • Lot Acreage: 0.1300
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Laundry - Closet Stacked
  • Flooring: Mixed, Slate, Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas, Gas, Oven, Range, Range Hood
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Kitchen Features: Counter Top, Island, Stone Counters, Remodeled
  • Laundry: In Closet, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 527.78
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, Full Copper Plumbing, High Ceilings (9 Feet+)
  • Other Structures: None
  • Construction: Frame and Stucco
  • Patio: Balcony
  • Pool: No
  • Roof: Flat
  • View: City Lights, Hills, Green Belt, Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Deck(s), Garage - 1 Car, Garage - 2 Car, Shared Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 36.80
  • Assessed Improvement Value: 138881
  • Assessed Land Percent: 63.2
  • Assessed Land Value: 238498
  • Total Assessed Value: 377379
  • Assessor Parcel Number: 5061-017-022
  • Lot Description: Lawn, Landscaped, Front Yard, Fenced
  • Lot Size Area: 5664

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 2
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 14, 2022
Sold by
Marguerite Mccullough
Bought by
Stamadianos Jorge Demetrio and Soria Claudia
Seller's Agent
Randy Wright
Christie's International Real Estate SoCal
Buyer's Agent
Daniel Kohanbash
Keller Williams Beverly Hills
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,547,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,900
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Apr 14, 2010
Sold by
Holmes Kimberly Rochelle and Holmes Lamar Kimberly
Bought by
Mccullough Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1999
Sold by
Andu Rezene and Tecleab Azeb
Bought by
Holmes Lamar Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1999
Sold by
Tecleab Azeb
Bought by
Andu Rezene and Tecleab Azeb

Purchase Details

Closed on
May 9, 1997
Sold by
Andu Rezene
Bought by
Tecleab Azeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 1997
Sold by
Hagler Eugene G and Hagler Christine L
Bought by
Tecleab Azeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.98%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Stamadianos Jorge Demetrio $1,425,000 New Title Company Name
Mccullough Marguerite $296,000 Fidelity National Title Co
Holmes Lamar Kimberly $175,000 Gateway Title Company
Andu Rezene -- --
Tecleab Azeb -- Fidelity National Title Co
Tecleab Azeb $120,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccullough Marguerite $222,000
Previous Owner Holmes Lamar Kimberly $173,569
Previous Owner Tecleab Azeb $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $1,425,000 0.0% $528 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,425,000 -- $528 / 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 $18,207 $1,512,221 $1,061,208 $451,013
2024 $18,207 $1,482,570 $1,040,400 $442,170
2023 $17,858 $1,453,500 $1,020,000 $433,500
2022 $4,908 $384,925 $243,267 $141,658
2021 $4,834 $377,379 $238,498 $138,881
2019 $4,696 $366,547 $231,425 $135,122
2018 $4,598 $359,368 $226,888 $132,480
2016 $4,377 $345,070 $218,079 $126,991
2015 $4,054 $317,908 $214,804 $103,104
2014 $4,080 $311,682 $210,597 $101,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-161057

The MLS

APN: 5061-017-022