NOT LISTED FOR SALE

Estimated Value: $4,014,000

10 Beds
10 Baths
6,290 Sq Ft
$638/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2022

Last sale price $3,215,000 $511 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $25,302 / mo

14 Days on Market

About This Home

As of November 2022

236 S Spalding Drive is a 5-unit located in Beverly Hills. The building is situated on a 6,290 square foot lot. The subject proper ty is composed of (1) 3 bedroom and 2.5 bath unit, (1) 3 bedroom and 2 bath unit, (1) 2 bedroom + 2 bath unit, and (2) studios. The front building was built in 1937 and the back building was built in 1956.The property has 6,737 square feet of living space. The units are very large with each of the 3 bedroom units being over 2,000 square feet. There are 5 carport spaces in the back. Each unit gets 1 carport parking space. The carports can be converted into 2 ADU's, please verify with the city. The rents are slightly below market giving this prop erty around 28% rental upside.

Last Agent to Sell the Property

John 'Jack' McCann

Lyon Stahl Investment Real Estate, Inc. License #01963932 Listed on: 09/13/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,737

Parking

  • 4 Car Garage

Interior Spaces

  • 6,290 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,737 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4328-010-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,737 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6290
  • Lot Acreage: 0.1547
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 10.00
  • Equipment: Dryer, Washer, Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 574.72

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 290097
  • Assessed Land Percent: 80
  • Assessed Land Value: 1160399
  • Total Assessed Value: 1450496
  • Assessor Parcel Number: 4328-010-025
  • Lot Size Area: 6737

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 19.04
  • Number Of Units: 5
  • Type Of Units: 5-Units

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 6, 2022
Sold by
Bought by
Seller's Agent
John 'Jack' McCann
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,615,000
Sold Price
$3,215,000
Premium/Discount to List
-$400,000
-11.07%
Views
7
Current Estimated Value
$4,014,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,000
Avg. Annual Appreciation
6.23%
Original Mortgage
$2,250,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2020
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,215,000 Ticor Title
-- None Available
-- None Available
-- None Available
-- --
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,250,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $3,215,000 -11.1% $511 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $3,615,000 -- $575 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $41,177 $3,344,886 $2,601,000 $743,886
2024 $40,301 $3,279,300 $2,550,000 $729,300
2023 $39,587 $3,215,000 $2,500,000 $715,000
2022 $18,575 $1,479,504 $1,183,606 $295,898
2021 $18,019 $1,450,496 $1,160,399 $290,097
2020 $17,956 $1,435,774 $1,148,501 $287,273
2019 $17,517 $1,407,626 $1,125,982 $281,644
2018 $16,793 $1,380,029 $1,103,904 $276,125
2016 $16,030 $1,326,298 $1,061,039 $265,259
2015 $15,369 $1,306,377 $1,045,102 $261,275
2014 $14,906 $1,280,787 $1,024,630 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-199203

The MLS

APN: 4328-010-025

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