NOT LISTED FOR SALE

2575 Granville Ave Los Angeles, CA 90064

Sawtelle Neighborhood

Estimated Value: $2,056,000 - $2,474,000

5 Beds
4 Baths
2,377 Sq Ft
$929/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $1,862,000 $783 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $14,116/month

35 Days on Market

Highlights

  • Gourmet Galley Kitchen
  • Traditional Architecture
  • Corner Lot
  • Richland Avenue Elementary Rated A-
  • Wood Flooring
  • Stone Countertops

About This Home

As of March 2018

Ultra-rare opportunity to purchase Granville Gardens, a traditional trophy triplex minutes from Santa Monica, Westwood, Venice, and the EXPO light rail station and consisting of a 3+2 "SFR style" unit and 2 sensational 1+1 upper-level units. Combining timeless materials and modern technology, these exquisitely detailed homes feature gleaming wood floors, LED and low voltage recessed lighting, stone mosaics, magnificent moldings, and warm wainscoting. Viking and Bosch appliancespunctuate the state-of-the-art stone kitchens highlighted by white subway tile, while individual LG steam washers/steam dryers are nearby. A/C in each unit, too! The gated grounds feature drought-resistant rolling lawns, Magnolia trees, and phenomenal flowers. Private 1-car garages w/electric openers and tandem spaces are also provided. Excellent owner/user opportunity or buy and hold investment. Per LADBS, building does not require a soft story retrofit but is subject to LA Rent Control. Perfection personified!

Last Agent to Sell the Property

Eric Akutagawa

Compass License #01432257 Listed on: 02/01/2018

Compass

Last Buyer's Agent

David Wehrly

Wedgewood Homes Realty License #00921515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,334

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,345 Sq Ft Lot
  • East Facing Home
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Front Yard

Parking

  • 3 Car Garage
  • Tandem Parking
  • Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Property Views

Kitchen

  • Gourmet Galley Kitchen
  • Open to Family Room
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Multi-Tank Hot Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 4257-004-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,334

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Ultra-rare opportunity to purchase Granville Gardens, a traditional trophy triplex minutes from Santa Monica, Westwood, Venice, and the EXPO light rail station and consisting of a 3+2 "SFR style" unit and 2 sensational 1+1 upper-level units. Combining timeless materials and modern technology, these exquisitely detailed homes feature gleaming wood floors, LED and low voltage recessed lighting, stone mosaics, magnificent moldings, and warm wainscoting. Viking and Bosch appliancespunctuate the state-of-the-art stone kitchens highlighted by white subway tile, while individual LG steam washers/steam dryers are nearby. A/C in each unit, too! The gated grounds feature drought-resistant rolling lawns, Magnolia trees, and phenomenal flowers. Private 1-car garages w/electric openers and tandem spaces are also provided. Excellent owner/user opportunity or buy and hold investment. Per LADBS, building does not require a soft story retrofit but is subject to LA Rent Control. Perfection personified!
  • Alley: Yes
  • Complex Name: Granville Gardens
  • Living Area: 2377
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting, Turnkey, Wainscotting
  • Number Carpet: 0
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Number Drapes: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Flooring: Hardwood, Laminate, Stone, Stone Tile
  • Appliances: Free Standing Gas, Gas, Microwave, Self Cleaning Oven
  • Bedrooms: 5
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Galley Kitchen, Gourmet Kitchen, Open to Family Room, Remodeled, Stone Counters
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 830.88

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame
  • Number Patio: 1
  • Patio: Concrete Slab, Covered
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Number Rented Garages: 3
  • Parking Garage: Driveway - Concrete, Garage - 1 Car, Garage Is Attached, Private Garage, Tandem
  • Total Parking: 6

Utilities

  • Volt 220: In Kitchen
  • Water Heater: Multi-Tank
  • Cooling: Air Conditioning, Ceiling Fan, Wall/Window
  • Heating: Natural Gas, Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 0
  • Sewer: In Street
  • Water: Public
  • Water Expense: 1200.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1800.00
  • Maintenance Expense: 750.00

Lot Info

  • Assessed Improvement Value: 238557
  • Assessed Land Value: 610267
  • Assessor Parcel Number: 4257-004-036
  • Geocode Override: No
  • Lot Description: Front Yard, Landscaped, Lot Shape-Irregular
  • Lot Location: Corner Lot
  • Lot Size Area: 5345

Rental Info

  • Total Actual Rent: 106320.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.58
  • Number Of Units: 3
  • Number Wall A C: 2
  • Rent Control: 100
  • Total Annual Expense: 29840
  • Type Of Units: Triplex
  • Vacancy Rate: 0%

Tax Info

  • Private Transfer Taxes: Yes
  • Tax Expense: 24687.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 22, 2018
Sold by
Rraku Llc
Bought by
Wehrly Holdings Llc
Seller's Agent
Eric Akutagawa
Compass
Buyer's Agent
David Wehrly
Wedgewood Homes Realty
List Price
$1,975,000
Sold Price
$1,862,000
Premium/Discount to List
-$113,000
-5.72%
Current Estimated Value
$2,207,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,490
Avg. Annual Appreciation
2.72%
Original Mortgage
$1,360,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2013
Sold by
Akutagawa Robert M
Bought by
Rraku Llc

Purchase Details

Closed on
May 30, 2012
Sold by
Rraku Llc
Bought by
Akutagawa Robert M and Akutagawa Ruth S

Purchase Details

Closed on
Sep 18, 2010
Sold by
Akutagawa Robert and Akutagawa Ruth
Bought by
Rraku Llc

Purchase Details

Closed on
Apr 21, 2009
Sold by
Green Debra and The Mildred Schultz 1993 Trust
Bought by
Akutagawa Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
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
Wehrly Holdings Llc $1,862,000 Lawyers Title
Rraku Llc -- None Available
Akutagawa Robert M -- None Available
Rraku Llc -- None Available
Akutagawa Robert $765,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehrly Holdings Llc $1,320,000
Closed Wehrly Holdings Llc $1,360,000
Previous Owner Akutagawa Robert M $455,000
Previous Owner Akutagawa Robert $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $1,862,000 -5.7% $783 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $1,975,000 0.0% $831 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,975,000 -- $831 / 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
2025 $25,334 $2,118,633 $1,479,176 $639,457
2024 $25,334 $2,077,092 $1,450,173 $626,919
2023 $24,843 $2,036,366 $1,421,739 $614,627
2022 $23,686 $1,996,438 $1,393,862 $602,576
2021 $23,399 $1,957,293 $1,366,532 $590,761
2019 $22,696 $1,899,460 $1,326,000 $573,460
2018 $10,695 $866,020 $622,472 $243,548
2016 $10,223 $832,181 $598,301 $233,880
2015 $10,075 $819,681 $589,314 $230,367
2014 $10,123 $803,626 $577,771 $225,855
Source: Public Records

Agents Affiliated with this Home

  • Eric Akutagawa

    Seller's Agent in 2018

    Eric Akutagawa

    Compass

    (310) 622-7169

    17 in this area

    54 Total Sales

    Eric Akutagawa
    Section Image

  • D

    Buyer's Agent in 2018

    David Wehrly

    Wedgewood Homes Realty

See All Agents

Map

Source: The MLS

MLS Number: 18-309056

The MLS

APN: 4257-004-036

California Los Angeles County Los Angeles 90064 Sawtelle

2575 Granville Ave, Los Angeles, CA

This home is located at 2575 Granville Ave, Los Angeles, CA 90064 since 01 February 2018 and is currently estimated at $2,207,490, approximately $928 per square foot. This property was built in 1948. 2575 Granville Ave is a home located in Los Angeles County with nearby schools including Richland Avenue Elementary, Nora Sterry Elementary School, and Daniel Webster Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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