NOT LISTED FOR SALE

Estimated Value: $810,000 - $967,000

4 Beds
4 Baths
2,488 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $575,000 $231 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,497/month

77 Days on Market

Highlights

  • Side by Side Parking
  • Central Heating and Cooling System
  • Auto Driveway Gate
  • Tankless Water Heater
  • South Facing Home

About This Home

As of June 2018

Phenomenal investment opportunity. Increase your portfolio with this 4unit Residential property centrally located in our top US Ranked Metro Area. Whether avid investor or First Time homebuyer this property has the potential for passive income and long term return. Each unit can be used as 2bed/1bath. Building is in good shape and Buyers are advised to conduct their due diligence investigations/inspections to their satisfaction. Please do not disturb tenants. Respect Tenant's privacy. Drive By only. All units currently occupied. Appointment Only.

Last Agent to Sell the Property

Edward Frish

Century 21 Hollywood License #01252271 Listed on: 10/02/2017

Century 21 Hollywood

Last Buyer's Agent

Linda Gonzales

Century 21 Hollywood License #01097454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,197

Year Built

  • Built in 1914

Lot Details

  • 5,904 Sq Ft Lot
  • South Facing Home

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Carport Space
  • Side by Side Parking
  • Auto Driveway Gate
  • Shared Driveway
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Central Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5101-029-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,197

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2488
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 232.72

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Structures: 0
  • Parking Garage: Driveway Gate, Offsite, On street, Shared Driveway, Side By Side
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater, Electric, Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 161867
  • Assessed Land Value: 285564
  • Assessor Parcel Number: 5101-029-012
  • Geocode Override: No
  • Lot Size Area: 5904

Rental Info

  • Total Actual Rent: 49200.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.05
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 10800
  • Type Of Units: residential
  • Vacancy Rate: 0

Tax Info

  • Tax Total: 6046.57
  • Tax Rate Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
May 4, 2018
Sold by
Juarez Cruz
Bought by
Rebel Alles
Seller's Agent
Edward Frish
Century 21 Hollywood
Buyer's Agent
Linda Gonzales
Century 21 Hollywood
List Price
$579,000
Sold Price
$575,000
Premium/Discount to List
-$4,000
-0.69%
Current Estimated Value
$869,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,152
Avg. Annual Appreciation
5.47%
Original Mortgage
$497,303
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2016
Sold by
Juarez Francisco Cortez
Bought by
Juarez Cruz and Menendez Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2008
Sold by
Hernandez Peggy
Bought by
Juarez Francisco

Purchase Details

Closed on
Oct 29, 2003
Sold by
Moreno Antonio
Bought by
Florence Alameda Associates Llc

Purchase Details

Closed on
Apr 30, 2002
Sold by
Rmc Realty Inc
Bought by
Juarez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,380
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2002
Sold by
Marovic Marija
Bought by
Rmc Realty Inc

Purchase Details

Closed on
Sep 6, 2001
Sold by
Flagstar Bank Fsb
Bought by
Marovic Marija

Purchase Details

Closed on
Sep 13, 2000
Sold by
Vargas Arturo
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jul 23, 1999
Sold by
Wright Gregory
Bought by
Vargas Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
9.4%

Purchase Details

Closed on
Jul 15, 1999
Sold by
Santa Monica Bank
Bought by
Wright Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
9.4%

Purchase Details

Closed on
May 12, 1999
Sold by
Duran Robert
Bought by
Charles E Bercy Ira Revocable Trust

Purchase Details

Closed on
Jul 27, 1998
Sold by
Duran Robert
Bought by
Martinez Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Wilshire Funding Corp
Bought by
Duran Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7%

Purchase Details

Closed on
May 8, 1998
Sold by
Tovar Israel and Tovar Olivia
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
May 29, 1997
Sold by
Gomez Cynthia
Bought by
Tovar Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,594
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 1997
Sold by
Espinoza Lorenzo
Bought by
Gomez Cynthia

Purchase Details

Closed on
Jan 7, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gomez Cynthia

Purchase Details

Closed on
Oct 23, 1996
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 22, 1996
Sold by
Venegas Francisco and Venegas Maria
Bought by
American Svgs Bank Fa
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
Rebel Alles $575,000 Lawyers Title Company
Juarez Cruz -- Lawyers Title Insurance Corp
Juarez Francisco -- None Available
Juarez Cruz -- None Available
Juarez Francisco -- None Available
Florence Alameda Associates Llc -- Stewart Title
Juarez Pedro $299,000 Fidelity National Title Co
Rmc Realty Inc -- --
Marovic Marija -- Fidelity National Title Co
Marovic Marija -- Fidelity Title
Flagstar Bank Fsb $278,335 First American Title Ins Co
Vargas Arturo $285,000 California Counties Title Co
Wright Gregory $180,000 Orange Coast Title
Charles E Bercy Ira Revocable Trust $180,085 Stewart Title
Martinez Eddie -- Benefit Title
Duran Robert $150,000 Benefit Land Title Company
Wilshire Funding Corp $117,000 Benefit Land Title Ins Co
Tovar Israel $250,000 Fidelity National Title
Gomez Cynthia -- First American
Gomez Cynthia $100,090 First American Title Co
Federal Home Loan Mortgage Corporation -- Stewart Title
American Svgs Bank Fa $135,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebel Alles $487,700
Closed Rebel Alles $497,303
Previous Owner Juarez Cruz $325,500
Previous Owner Juarez Pedro $294,380
Previous Owner Vargas Arturo $256,000
Previous Owner Duran Robert $159,000
Previous Owner Tovar Israel $150,000
Previous Owner Tovar Israel $240,594
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $575,000 -0.7% $231 / Sq Ft
12/22/2017 12/22/17 For Sale $579,000 0.0% $233 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $579,000 -- $233 / Sq Ft
Source: The MLS

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
2024 $8,197 $641,420 $446,206 $195,214
2023 $8,045 $628,844 $437,457 $191,387
2022 $7,681 $616,515 $428,880 $187,635
2021 $7,580 $604,427 $420,471 $183,956
2019 $7,360 $586,500 $408,000 $178,500
2018 $6,179 $487,215 $292,671 $194,544
2016 $5,643 $447,431 $285,564 $161,867
2015 $5,564 $440,711 $281,275 $159,436
2014 $5,606 $432,079 $275,766 $156,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-276330

The MLS

APN: 5101-029-012