NOT LISTED FOR SALE

Estimated Value: $1,630,000 - $2,537,873

10 Beds
6 Baths
3,222 Sq Ft
$682/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,740,000 $540 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,421/month

1 Day on Market

About This Home

As of March 2021

2012 S. Holt Ave. is a FULLY REMODELED four-unit investment opportunity in the South Robertson neighborhood of Los Angeles. Earn great cash flow or perfect for an owner user - live in one and rent the others . EXCELLENT unit mix: consists of two 3-bedroom two bath units and two 2-bedroom one bath units. New plumbing, electrical, mechanical, windows, kitchens, bathrooms, exterior, etc. - ALL REMODELED WITH PERMITS. Can potentially add up to two ADUs on top of the garages in the back while keeping parking, making this a six-unit property. Centrally located property, close proximity to Culver City, Beverly Hills and Century City, attracting high-end renters with a quick commute throughout the city. Earn high rents immediately, and add significant value through the construction of ADUs. Buyer and agent to verify. Low maintenance property, great location, with great cash flow.

Last Agent to Sell the Property

Tak Wong

Golden Coast Investments License #00939052 Listed on: 02/22/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,947

Year Built

  • Built in 1949

Lot Details

  • 6,307 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 3,222 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 243
  • Tax Tract Number 1250
  • Assessor Parcel Number 4302027005

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $1,225
  • Gardener Expense $1,080
  • Insurance Expense $2,430
  • Maintenance Expense $1,800
  • New Taxes Expense $13,038
  • Operating Expense $20,338
  • Gross Income $128,280
  • Net Operating Income $107,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,947

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • CapRate: 6.00
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 4302027005
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 540.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6307.00
  • Lot Size Acres: 0.1448

Multi Family

  • Electric Expense: 1225.00
  • Gross Income: 128280.00
  • Gross Multiplier: 14.00
  • Gross Operating Income: 128280.00
  • Gross Scheduled Income: 128280.00
  • Insurance Expense: 2430.00
  • Laundry Income: 1200.00
  • Lot Size Area: 6307.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 107942.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 20338.00
  • Rent Control: Yes
  • Total Actual Rent: 10590.00
  • Total Expenses: 20338.00

Tax Info

  • New Taxes Expense: 13038.00
  • Tax Census Tract: 2696.01
  • Tax Lot: 243
  • Tax Tract Number: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2017
Sold by
Feispor Michael
Bought by
Holt Properties Llc
Current Estimated Value
$2,198,718

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 9, 2017
Sold by
Carmona Miguel
Bought by
Feispor Michael and Melamed Rashel Feispor
Seller's Agent
Juan Enciso
Excellence RE Enciso Realty
Buyer's Agent
Elijah Korobkin
Central Realty Advisors Inc
List Price
$1,290,000
Sold Price
$1,025,000
Premium/Discount to List
-$265,000
-20.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$768,750
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Crespo Natividad
Bought by
Carmona Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 2004
Sold by
Davenport Richard J
Bought by
Crespo Natividad and Crespo Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2004
Sold by
Davenport Richard J
Bought by
Davenport Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2002
Sold by
Davenport Richard John
Bought by
2012-2016 South Holt Avenue Trust

Purchase Details

Closed on
Feb 26, 2002
Sold by
Perlstein Ronald David
Bought by
Davenport Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.75%

Purchase Details

Closed on
Jan 3, 2002
Sold by
Empire Mutual Holding Corp
Bought by
The Perlstein Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Chase Bank Of Texas
Bought by
Empire Mutual Holding Corp

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
8.24%

Purchase Details

Closed on
Dec 18, 1998
Sold by
Ortega Juan
Bought by
Chase Bank Of Texas Na and Texas Commerce Bank National Assn
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
Holt Properties Llc -- Pacific Coast Title
Feispor Michael $1,025,000 Pacific Coast Title Company
Melamed Rashel Feispor -- None Available
Feispor Michael -- Pacific Coast Title Company
Carmona Miguel $895,000 Lawyers Title
Crespo Natividad $729,000 Fidelity Van Nuys
Davenport Richard J -- United Title Company Ventura
2012-2016 South Holt Avenue Trust -- --
Davenport Richard J $317,500 Fidelity National Title
The Perlstein Trust $280,551 North American Title Co
Empire Mutual Holding Corp $235,000 --
Chase Bank Of Texas Na $178,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feispor Michael $768,750
Previous Owner Carmona Miguel $671,250
Previous Owner Crespo Natividad $511,000
Previous Owner Davenport Richard J $434,000
Previous Owner Davenport Richard J $238,000
Previous Owner Empire Mutual Holding Corp $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $1,740,000 -3.2% $540 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $1,798,000 +75.4% $558 / Sq Ft
05/12/2017 05/12/17 Sold $1,025,000 -20.5% $1,025,000 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $1,290,000 -- $1,290,000 / 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 $22,947 $1,883,429 $1,184,720 $698,709
2024 $22,698 $1,846,500 $1,161,491 $685,009
2023 $22,262 $1,810,295 $1,138,717 $671,578
2022 $21,232 $1,774,800 $1,116,390 $658,410
2021 $13,435 $1,099,006 $964,981 $134,025
2020 $13,570 $1,087,738 $955,087 $132,651
2019 $13,039 $1,066,410 $936,360 $130,050
2018 $12,906 $1,045,500 $918,000 $127,500
2016 $12,668 $1,033,187 $831,170 $202,017
2015 $12,484 $1,017,669 $818,686 $198,983
2014 $12,545 $997,736 $802,650 $195,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21036231

California Regional Multiple Listing Service (CRMLS)

APN: 4302-027-005