NOT LISTED FOR SALE

Estimated Value: $1,546,000 - $2,088,000

12 Beds
8 Baths
4,320 Sq Ft
$432/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,480,000 $343 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,245/month

8 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 2-minute walk to Robert E Lundigan Park
  • George Washington Elementary Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2021

Beautiful, well maintained 4-unit property awaits it's lucky investor! This non-rent controlled quadruplex consists of 4,320 sq ft, 12 bedrooms 8 baths with 100% occupancy and zoned R3 and it is two story. Each unit has 3 bedrooms 2 baths and comes with a parking space. Seller estimates all units to have identical, if not similar size square footage and it has central cooling and heat. Property is centrally located to freeways, transportation, shopping, entertainment and restaurants. Walking distance to Robert E. Lundigan Park and minutes to Hollywood Burbank Airport. It's must have investment opportunity!

Last Agent to Sell the Property

Wolf V Parlar

Epique Realty License #01797917 Listed on: 01/26/2021

Last Buyer's Agent

Wolf V Parlar

Epique Realty License #01797917 Listed on: 01/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 6,296 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,320 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 74
  • Tax Tract Number 4615
  • Assessor Parcel Number 2466015050

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $17
  • Insurance Expense $100
  • Trash Expense $155
  • Water Sewer Expense $590
  • New Taxes Expense $583
  • Operating Expense $17,340
  • Gross Income $79,500
  • Net Operating Income $62,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.70
  • Property Attached: Yes
  • Water Sewer Expenses: 590.00
  • Zoning: BUR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2466015050
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 342.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Trash Expense: 155.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6296.00
  • Lot Size Acres: 0.1445

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 17.00
  • Gross Income: 79500.00
  • Gross Scheduled Income: 79500.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6296.0000 Square Feet
  • Net Operating Income: 62160.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 17340.00
  • Rent Control: No
  • Total Expenses: 17340.00

Tax Info

  • New Taxes Expense: 583.00
  • Tax Census Tract: 3105.01
  • Tax Lot: 74
  • Tax Tract Number: 4615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Sharma Family 2017 Trust
Bought by
Bhrigu Llc
Current Estimated Value
$1,864,222

Purchase Details

Closed on
Sep 6, 2000
Sold by
Labis Ophelia Jane J
Bought by
Labis Ophelia Jane and Ophelia Jane Labis Revocable Trust

Purchase Details

Closed on
Aug 31, 1999
Sold by
Santell Roland F
Bought by
Labis Ophelia Jane

Purchase Details

Closed on
Mar 14, 1994
Sold by
Labis Ophelia Jane
Bought by
Santell Roland F and Santell Zenaida J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bhrigu Llc -- Accommodation/Courtesy Recordi
Labis Ophelia Jane -- --
Labis Ophelia Jane -- --
Santell Roland F -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santell Roland F $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $1,480,000 -6.3% $343 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,580,000 0.0% $366 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,580,000 -- $366 / 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 $17,739 $1,601,998 $952,540 $649,458
2024 $17,739 $1,570,587 $933,863 $636,724
2023 $17,551 $1,539,792 $915,552 $624,240
2022 $16,759 $1,509,600 $897,600 $612,000
2021 $7,622 $653,459 $261,380 $392,079
2020 $7,538 $646,759 $258,700 $388,059
2019 $7,322 $634,078 $253,628 $380,450
2018 $7,191 $621,646 $248,655 $372,991
2016 $6,796 $597,508 $239,000 $358,508
2015 $6,662 $588,533 $235,410 $353,123
2014 $6,665 $577,005 $230,799 $346,206
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21016694

California Regional Multiple Listing Service (CRMLS)

APN: 2466-015-050