NOT LISTED FOR SALE

Estimated Value: $1,514,000 - $2,452,000

2 Beds
3 Baths
1,344 Sq Ft
$1,506/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $790,000 $588 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $11,966/month

Highlights

  • Contemporary Architecture
  • No HOA
  • Cooling Available
  • Grant Elementary School Rated A+
  • Fireplace
  • 1-minute walk to Clover Park

About This Home

As of June 2012

All Offers SUBJECT TO inspection. Seller is now FIRM on this price, please call agent before writing and offer! SELLER WILL DELIVER tenant free at COE, There appears to be 4 units, assessor says 3 units, Buyer to verify, Cosmetic FIXER, looks worse than what it real is, because of of trees, bushes are all overgrown. Property has a TENT. TRACT MAP FOR 5 CONDOS or apartments, Property is set back of the lot, huge front yard, parking for approx. 15+ cars for potential add. income of $150-$200 per car for neighbors to park on site? Should be gated... Market Rents in area for 1br's are approx. $1,700+ and $1200+ for studio's Appears to be 4U presently but title says 3 units, buyer to verify. Seller has now elected not to extend seller financing , ONLY cash or cash to new loan. Offers to be all cash or CNL only, Mix of units ....2 units up/,1) studio is occupied, 1 studio which has been gutted by previous owner, now used as storage. Prior to seller acquiring property, previous owner converted upstairs units into a 2 Br. apts,by simply opening one door to connect both units, can easily be converted back. Occupants are family friends.Seller now states & warrants in writing he will deliver bldg without anyone living there w/no relocation fees etc. Standard Sale.

Last Agent to Sell the Property

Sonny Benudiz

Keller Williams Realty-Studio City License #00790097 Listed on: 04/18/2012

Keller Williams Realty-Studio City

Last Buyer's Agent

Sonny Benudiz

Keller Williams Realty-Studio City License #00790097 Listed on: 04/18/2012

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,262

Year Built

  • Built in 1938

Lot Details

  • 6,996 Sq Ft Lot
  • Property fronts an alley
  • Fenced
  • Rectangular Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • RV Potential
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 8379
  • Assessor Parcel Number 4272020016

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,262

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Road Frontage Type: Alley
  • View: No
  • Zoning: SMR2
  • Architectural Style: Contemporary
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 4272020016
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Levels: Two
  • Price Per Square Foot: 587.80

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, On Site, Garage Faces Rear, RV Potential
  • Total Parking Spaces: 20.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6996.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 156
  • Tax Tract Number: 8379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2013
Sold by
Collier Jonathan and Gordon Howard Michael
Bought by
Via Deca Iv Llc
Current Estimated Value
$2,024,233

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 16, 2012
Sold by
Cohen Solal Serge
Bought by
Collier Jonathan and Gordon Howard Michael
Seller's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
Buyer's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$592,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2012
Closed on
Apr 20, 2012
Sold by
Gordon Cambria
Bought by
Gordon Howard Michael
Seller's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
Buyer's Agent
Sonny Benudiz
Keller Williams Realty-Studio City
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Borgese Franco and Borgese Fausta
Bought by
Cohen Solal Serge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.54%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 21, 2002
Sold by
Borgese Franco and Borgese Fausta
Bought by
Borgese Franco and Borgese Fausta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.85%

Purchase Details

Closed on
May 29, 2001
Sold by
Borgese Franco
Bought by
Borgese Franco and Borgese Fausta

Purchase Details

Closed on
Dec 13, 2000
Sold by
Kiskila Ken Damon
Bought by
Borgese Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
7.15%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Kiskila Ken Damon and Albanese Lara Jeane
Bought by
Kiskila Ken Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,750
Interest Rate
7.15%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Dean Carlene
Bought by
Kiskila Ken Damon and Albanese Lara Jeane

Purchase Details

Closed on
Apr 26, 2000
Sold by
Kiskila Trust and Carlene
Bought by
Dean Carlene
Source: Public Records

Range of Values:

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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
Via Deca Iv Llc -- None Available
Collier Jonathan $790,000 Lawyers Title
Gordon Howard Michael -- Lawyers Title
Collier Jonathan -- Lawyers Title
Cohen Solal Serge $1,050,000 Southland Title
Borgese Franco -- --
Borgese Franco -- --
Borgese Franco -- Southland Title
Borgese Franco -- Southland Title
Borgese Franco $449,000 Southland Title Company
Kiskila Ken Damon -- Southland Title Corporation
Kiskila Ken Damon -- --
Dean Carlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collier Jonathan $592,500
Previous Owner Cohen Solal Serge $650,000
Previous Owner Borgese Franco $340,000
Previous Owner Kiskila Ken Damon $50,000
Previous Owner Borgese Franco $336,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2012 06/05/12 Sold $790,000 -- $588 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
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 $12,262 $992,272 $942,037 $50,235
2024 $12,262 $972,816 $923,566 $49,250
2023 $12,064 $953,742 $905,457 $48,285
2022 $11,903 $935,042 $887,703 $47,339
2021 $11,594 $916,709 $870,298 $46,411
2019 $11,392 $889,902 $844,486 $45,416
2018 $10,671 $872,461 $827,928 $44,533
2016 $10,277 $838,220 $795,780 $42,440
2015 $10,142 $825,630 $783,827 $41,803
2014 $10,019 $809,458 $768,473 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12029460

California Regional Multiple Listing Service (CRMLS)

APN: 4272-020-016