NOT LISTED FOR SALE

Estimated Value: $1,405,000 - $1,746,291

9 Beds
4 Baths
4,684 Sq Ft
$349/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $1,643,000 $351 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,666/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Laundry Room
  • Dining Room with Fireplace
  • Fenced Yard
  • Back Yard

About This Home

As of February 2022

Great investment opportunity to own a Spanish Colonial Revival Style Quadruplex located in Arlington Heights area. This is an excellent opportunity to acquire property with a great source of income. Property features one 3 bedrooms, 1 bathroom, spacious living room and a formal dining room. The other three units feature 2 bedrooms, 1 bathroom, spacious living room and a formal dining room. All four units have hard wood flooring, and each unit has its own private laundry room. Beautiful neighboring homes with architectural styles to include Craftsman and other Spanish Colonial Revivals. Property is surrounded by new developments and a few miles from the Cumulus District which will have 50,000 square feet of retail space for shopping and dining. Also, near Culver City, Expo Line Station, Mar Vista, Venice, Santa Monica, Silicon Beach, USC, and endless culinary options. Property is a must see! Don't miss out on this great opportunity!

Last Agent to Sell the Property

Walner H Hernandez

RE/MAX Alliance Group License #01318574 Listed on: 01/11/2022

RE/MAX Alliance Group

Last Buyer's Agent

Patricia Ruben

Sotheby's International Realty License #01262286

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,192

Year Built

  • Built in 1923

Lot Details

  • 6,999 Sq Ft Lot
  • Fenced Yard
  • Back Yard

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4,684 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5060-026-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,192

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish Colonial
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Great investment opportunity to own a Spanish Colonial Revival Style Quadruplex located in Arlington Heights area. This is an excellent opportunity to acquire property with a great source of income. Property features one 3 bedroom, 1 bathroom, spacious living room and a formal dining room. The other three units feature 2 bedrooms, 1 bathroom, spacious living room and a formal dining room. All four units have hard wood flooring, and each unit has its own private laundry room. Beautiful neighboring homes with architectural styles to include Craftsman and other Spanish Colonial Revivals. Property is surrounded by new developments and a few miles from the Cumulus District which will have 50,000 square ft of retail space for shopping and dining. Also, near Culver City, Expo Line Station, Mar Vista, Venice, Santa Monica, Silicon Beach, USC, and endless culinary options. Property is a must see!
  • Living Area: 4684
  • Lot Acreage: 0.1607
  • Probate: No
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room, Dining
  • Flooring: Hardwood, Tile
  • Bedrooms: 9
  • Common Walls: Attached
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 362.94
  • Windows: Screens

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Assigned, Garage - 1 Car
  • Total Parking: 8

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Water: District
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 1200.00

Lot Info

  • Assessed Improvement Percent: 41.09
  • Assessed Improvement Value: 366463
  • Assessed Land Percent: 58.91
  • Assessed Land Value: 525402
  • Total Assessed Value: 891865
  • Assessor Parcel Number: 5060-026-006
  • Lot Description: Back Yard, Fenced Yard, Sidewalks
  • Lot Location: City
  • Lot Size Area: 6999

Rental Info

  • Total Actual Rent: 9015.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.71
  • Number Of Units: 4
  • Total Annual Expense: 26290
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 21250.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Feb 7, 2022
Sold by
Rosemarie Breault
Bought by
Shallal-Ayzin Eric and Shallal-Ayzin Mark
Seller's Agent
Walner H Hernandez
RE/MAX Alliance Group
Buyer's Agent
Patricia Ruben
Sotheby's International Realty
List Price
$1,700,000
Sold Price
$1,643,000
Premium/Discount to List
-$57,000
-3.35%
Current Estimated Value
$1,633,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,677
Avg. Annual Appreciation
0.17%
Original Mortgage
$1,000,000
Outstanding Balance
$932,103
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$720,549

Purchase Details

Closed on
Jul 20, 2015
Sold by
Breault Rosemarie
Bought by
Breault Rosemarie and Rosemarie Breault Living Trust

Purchase Details

Closed on
Apr 29, 2004
Sold by
Kim Alexis Hee Sun
Bought by
Breault Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,300
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Passaro Ada M
Bought by
Kim Alexis Hee Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1999
Sold by
Pat Donat M
Bought by
Pat Donat M and Pat Bernice C
Source: Public Records

Range of Values:

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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
Shallal-Ayzin Eric $1,643,000 Provident Title
Breault Rosemarie -- None Available
Breault Rosemarie $679,000 Chicago Title Co
Kim Alexis Hee Sun $600,000 Fidelity Long Beach
Pat Donat M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shallal-Ayzin Eric $1,000,000
Previous Owner Breault Rosemarie $119,800
Previous Owner Breault Rosemarie $885,000
Previous Owner Breault Rosemarie $675,500
Previous Owner Breault Rosemarie $193,000
Previous Owner Breault Rosemarie $475,300
Previous Owner Kim Alexis Hee Sun $450,000
Closed Breault Rosemarie $135,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $1,643,000 -3.4% $351 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $1,700,000 -- $363 / 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 $21,192 $1,743,564 $1,061,208 $682,356
2024 $21,192 $1,709,377 $1,040,400 $668,977
2023 $20,788 $1,675,860 $1,020,000 $655,860
2022 $11,286 $909,702 $535,910 $373,792
2021 $11,126 $891,865 $525,402 $366,463
2019 $10,803 $865,414 $509,819 $355,595
2018 $10,650 $848,446 $499,823 $348,623
2016 $10,152 $815,502 $480,415 $335,087
2015 $10,007 $803,253 $473,199 $330,054
2014 $9,788 $765,000 $450,700 $314,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-117749

The MLS

APN: 5060-026-006