NOT LISTED FOR SALE

Estimated Value: $1,302,000 - $1,702,744

4 Beds
2 Baths
1,807 Sq Ft
$808/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $1,300,000 $719 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,030/month

275 Days on Market

Highlights

  • City Lights View
  • Hilltop Location
  • Wood Flooring
  • John Marshall Senior High Rated A
  • Secluded Lot
  • Fenced Yard

About This Home

As of April 2023

Front unit to be delivered vacant! Gorgeous Duplex in Silver Lake perched on hill with great privacy and views. Two side by side 2 bedroom units, Perched above the street each with its own yard and a total of 5 one car garages below. Upgrades include Central air and heat for both units, tankless water heaters for each, brand new fence completed for privacy on all sides, washer, dryers in each unit, beautifully landscaped and secured. Great rents but still some upside

Last Agent to Sell the Property

Eitan Dagan

Equity Union License #01315860 Listed on: 06/08/2022

Last Buyer's Agent

Sara Kaye Sexton

Compass License #02140574

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 6,611 Sq Ft Lot
  • South Facing Home
  • Fenced Yard
  • Secluded Lot
  • Corner Lot
  • Hilltop Location

Parking

  • 5 Car Garage
  • Side by Side Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Bungalow
  • Split Level Home
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,807 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity, water
  • The owner pays for gardener
  • Assessor Parcel Number 5424-002-033

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Rent Control
  • Card or Code Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1937 | Remodeled

Lot Details

6,611 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1807
  • Lot Acreage: 0.1518
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Gas/Electric Range, Range, Oven-Gas
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Laundry: Inside, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Hood Fan, Gas Dryer Hookup, Garbage Disposal, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 719.42

Exterior Features

  • Direction Faces: South
  • Other Features: Two On A Lot
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Hills, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking: 5
  • Parking Garage: Detached, Garage - 4+ Car, Garage Is Detached, Side By Side, Covered Parking
  • Total Parking: 5

Utilities

  • Water Heater: Gas, Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Security: Card/Code Access, Gated, Smoke Detector
  • Sewer: In Street
  • Water: Meter on Property
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 166.00
  • Maintenance Expense: 270.00
  • Other Expense: 150.00

Lot Info

  • Assessed Improvement Percent: 28.57
  • Assessed Improvement Value: 257544
  • Assessed Land Percent: 71.43
  • Assessed Land Value: 643876
  • Total Assessed Value: 901420
  • Assessor Parcel Number: 5424-002-033
  • Lot Description: Fenced, Fenced Yard, Front Yard, Yard, Secluded, Gutters, Back Yard
  • Lot Location: Corner Lot, Hilltop
  • Lot Size Area: 6611

Rental Info

  • Number Leased: 1
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Cable TV, Electricity, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.10
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Bungalow

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Mar 13, 2023
Sold by
Shamam Revocable Living Trust
Bought by
Fisher Nicholas
Seller's Agent
Eitan Dagan
Equity Union
Buyer's Agent
Sara Kaye Sexton
Compass
List Price
$1,300,000
Sold Price
$1,300,000
Views
63
Current Estimated Value
$1,460,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,436
Avg. Annual Appreciation
4.01%
Original Mortgage
$1,040,000
Outstanding Balance
$1,005,005
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$455,431

Purchase Details

Closed on
Feb 22, 2022
Sold by
Shamam Hillel W and Shamam Maya W
Bought by
Shamam Revocable Living Trust

Purchase Details

Closed on
Feb 9, 2005
Sold by
Zaldivar Sergio R
Bought by
Shamam Hillel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Gomez Carlos
Bought by
Zaldivar Sergio R

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
7.25%
Mortgage Type
Purchase Money Mortgage
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
Fisher Nicholas $1,300,000 Lawyers Title Company
Shamam Revocable Living Trust -- Louis Pacella Aplc
Shamam Hillel -- Pacella Louis
Shamam Hillel $700,000 First American Title Co Of L
Zaldivar Sergio R $370,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Nicholas $1,040,000
Previous Owner Shamam Hillel $560,000
Previous Owner Zaldivar Sergio R $296,000
Closed Zaldivar Sergio R $74,000
Closed Shamam Hillel $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $1,300,000 0.0% $719 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $1,300,000 0.0% $719 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $1,300,000 -3.7% $719 / Sq Ft
10/25/2022 10/25/22 For Sale $1,350,000 0.0% $747 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $1,350,000 -3.2% $747 / Sq Ft
08/01/2022 08/01/22 Price Changed $1,395,000 -5.1% $772 / Sq Ft
07/18/2022 07/18/22 Price Changed $1,470,000 -1.7% $814 / Sq Ft
06/08/2022 06/08/22 For Sale $1,495,000 0.0% $827 / Sq Ft
06/08/2020 06/08/20 Rented $3,350 0.0% --
05/21/2020 05/21/20 For Rent $3,350 +3.1% --
04/27/2017 04/27/17 Rented $3,250 0.0% --
04/06/2017 04/06/17 For Rent $3,250 +4.8% --
02/17/2016 02/17/16 Rented $3,100 0.0% --
02/17/2016 02/17/16 Under Contract -- -- --
02/15/2016 02/15/16 For Rent $3,100 +12.7% --
08/16/2013 08/16/13 Rented $2,750 0.0% --
08/16/2013 08/16/13 Under Contract -- -- --
07/23/2013 07/23/13 For Rent $2,750 -- --
Source: The MLS

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 $16,178 $1,352,520 $1,040,400 $312,120
2024 $16,178 $1,326,000 $1,020,000 $306,000
2023 $11,518 $937,835 $669,888 $267,947
2022 $10,980 $919,447 $656,753 $262,694
2021 $10,844 $901,420 $643,876 $257,544
2019 $10,518 $874,685 $624,779 $249,906
2018 $10,459 $857,535 $612,529 $245,006
2016 $9,996 $824,238 $588,745 $235,493
2015 $9,850 $811,858 $579,902 $231,956
2014 $8,561 $687,000 $474,400 $212,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-165087

The MLS

APN: 5424-002-033

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