NOT LISTED FOR SALE

Estimated Value: $1,900,000 - $2,264,081

7 Beds
4 Baths
2,670 Sq Ft
$774/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $1,090,000 $408 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,603/month

48 Days on Market

About This Home

As of August 2013

Own and live in this beautifully redone duplex in prime West LA for less than what you would pay to rent it. 2 completely separate structures, each with its own yard. The front owner’s house is a completely redone modern two story, 3 bedroom and 2 bath home with a brand new interior. The upgraded interior includes a beautiful kitchen with white shaker cabinets, quartz countertops and stainless steel appliances. Off the kitchen is a laundry room with lots of extra storage. Also downstairs is an extra large bedroom with a walk-in closet as well as a stunning modern bath with floating cabinetry. Upstairs you will find a huge master bedroom with his and hers closets, and extra storage, as well as a third large bedroom. A beautiful bathroom with dual sinks and walk-in shower completes the upstairs of this home.

The back house is a 4 bedroom, 2 bath separate structure with a private back yard. This house is currently occupied by great tenants. It has a newer roof and windows. Lots of parking onsite with both carports and open space.

The property is located in a sought after section of West Los Angeles - a short drive to Brentwood, Westwood and Santa Monica, and walking distance to the restaurants on Sawtelle.

Last Agent to Sell the Property

Alazar Asmamaw

A-Squared Property Inc. License #01844152 Listed on: 05/01/2013

Last Buyer's Agent

Juan Ferreccio

Berkshire Hathaway HomeServices California Properties License #01099719

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,114

Year Built

  • Built in 1939

Lot Details

  • 6,047 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,670 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Pool

  • Private Pool

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2676
  • Assessor Parcel Number 4262027033

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $500
  • New Taxes Expense $13,750
  • Gross Income $5,900
  • Net Operating Income $53,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,114

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 4262027033
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 408.24

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6047.00
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Income: 5900.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6047.0000 Square Feet
  • Net Operating Income: 53850.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 16950.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 3
  • Tax Tract Number: 2676
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Saporiti Nestor
Bought by
Nestor Saporiti Revocable Trust
Current Estimated Value
$2,066,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,021,562
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,080,461

Purchase Details

Listed on
May 1, 2013
Closed on
Jul 23, 2013
Sold by
White Cottage Fund Llc
Bought by
Saporiti Nestor
Seller's Agent
Alazar Asmamaw
A-Squared Property Inc.
Buyer's Agent
Juan Ferreccio
Berkshire Hathaway HomeServices California Properties
List Price
$1,175,000
Sold Price
$1,090,000
Premium/Discount to List
-$85,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$700,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2012
Sold by
Zander Paul D
Bought by
White Cottage Fund Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Zander Paul D
Bought by
Zander Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1999
Sold by
Zander Sherie L
Bought by
Zander Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
7.82%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Zander Sherie Lynn
Bought by
Zander Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
7.82%
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
Nestor Saporiti Revocable Trust -- Ticor Title Company
Saporiti Nestor $1,090,010 --
White Cottage Fund Llc $697,000 None Available
Zander Paul D -- New Century Title
Zander Paul D -- Orange Coast Title
Zander Paul D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nestor Saporiti Revocable Trust $1,050,000
Previous Owner Saporiti Nestor $700,000
Previous Owner Zander Paul D $650,000
Previous Owner Zander Paul D $266,500
Previous Owner Zander Paul D $223,500
Previous Owner Zander Paul D $169,023
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $1,090,000 -7.2% $408 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $1,175,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,114 $1,336,179 $980,685 $355,494
2024 $16,114 $1,309,980 $961,456 $348,524
2023 $15,806 $1,284,295 $942,604 $341,691
2022 $15,075 $1,259,114 $924,122 $334,992
2021 $14,884 $1,234,426 $906,002 $328,424
2020 $15,036 $1,221,770 $896,713 $325,057
2019 $14,440 $1,197,815 $879,131 $318,684
2018 $14,334 $1,174,330 $861,894 $312,436
2016 $13,701 $1,128,731 $828,427 $300,304
2015 $13,501 $1,111,778 $815,984 $295,794
2014 $13,557 $1,090,000 $800,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13066406

California Regional Multiple Listing Service (CRMLS)

APN: 4262-027-033