NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,434,000

3 Beds
2 Baths
1,280 Sq Ft
$885/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $575,000 $449 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,940/month

2 Days on Market

Highlights

  • 3 Car Attached Garage
  • 1-Story Property
  • 2-minute walk to Elysian Valley Gateway Park
  • John Marshall Senior High Rated A

About This Home

As of August 2013

Two beautifully renovated California bungalows on one lot in Elysian Valley Atwater Village, Silverlake adjacent. This is a wonderful opportunity for investors as well as owner occupier due to the actual rents that produce a very nice positive cash flow. Property is occupied - please do not disturb tenants. Offers subject to inspection.

Last Agent to Sell the Property

Amit Yonay

Amit Yonay License #01895490 Listed on: 06/28/2013

Last Buyer's Agent

Jessie Thurston

Compass License #01907756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,598

Year Built

  • Built in 1925

Lot Details

  • 4,796

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 4,796 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5442-019-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,598

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1280
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 449.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 60000
  • Assessed Land Value: 150000
  • Assessor Parcel Number: 5442-019-042
  • Geocode Override: No
  • Lot Size Area: 4796

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 2
  • Total Annual Expense: 8000
  • Type Of Units: Two on a lot
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2015
Sold by
Powell Mary Ellen and Dobson Waylon J
Bought by
Powell Mary Ellen and Dobson Waylon J
Current Estimated Value
$1,136,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jul 22, 2013
Sold by
Boxenbaum Scott and Boxenbaum Charles
Bought by
Powell Mary Ellen and Dobson Waylon J
Seller's Agent
Amit Yonay
Amit Yonay
Buyer's Agent
Jessie Thurston
Compass
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$460,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2012
Closed on
May 4, 2012
Sold by
Boxenbaum Kharlene
Bought by
Boxenbaum Charles
Seller's Agent
Matt Manner
Best and Final Real Estate
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.86%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Boutique La Properties Llc
Bought by
Boxenbaum Scott and Boxenbaum Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Federal National Mortgage Association
Bought by
Boutique La Properties Llc

Purchase Details

Closed on
Oct 1, 2010
Sold by
Garcia Arley
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 20, 2007
Sold by
Garcia Rene G and Garcia Arely E
Bought by
Garcia Arely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Siliezar Irma B and Garcia Rene G
Bought by
Garcia Rene G and Garcia Arely E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Siliezar Irma B
Bought by
Siliezar Irma B and Garcia Rene

Purchase Details

Closed on
May 26, 2000
Sold by
Robert J Jackson Trust and Hamilton Kelly
Bought by
Siliezar Irma B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,453
Interest Rate
8.18%
Mortgage Type
FHA
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
Powell Mary Ellen -- Fidelity
Powell Mary Ellen $575,000 Ticor Title Company
Boxenbaum Charles -- Servicelink
Boxenbaum Scott $440,000 Servicelink
Boutique La Properties Llc $210,000 Servicelink
Federal National Mortgage Association $511,628 Accommodation
Garcia Arely -- Investors Title Company
Garcia Rene G -- Southland Title
Siliezar Irma B -- --
Siliezar Irma B $157,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Mary Ellen $525,000
Closed Powell Mary Ellen $474,500
Closed Powell Mary Ellen $456,500
Closed Powell Mary Ellen $460,000
Previous Owner Boxenbaum Scott $330,000
Previous Owner Garcia Arely $442,800
Previous Owner Garcia Rene G $145,000
Previous Owner Garcia Rene G $100,000
Previous Owner Garcia Rene G $280,000
Previous Owner Garcia Rene G $210,000
Previous Owner Siliezar Irma B $158,529
Previous Owner Siliezar Irma B $156,453
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $575,000 0.0% $449 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $575,000 +30.7% $449 / Sq Ft
05/11/2012 05/11/12 Sold $440,000 -2.0% $344 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $449,000 -- $351 / 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 $8,598 $704,860 $527,115 $177,745
2024 $8,598 $691,040 $516,780 $174,260
2023 $8,431 $677,492 $506,648 $170,844
2022 $8,036 $664,209 $496,714 $167,495
2021 $7,936 $651,186 $486,975 $164,211
2020 $8,014 $644,510 $481,982 $162,528
2019 $7,697 $631,874 $472,532 $159,342
2018 $7,624 $619,485 $463,267 $156,218
2016 $7,286 $595,431 $445,279 $150,152
2015 $7,180 $586,488 $438,591 $147,897
2014 $7,211 $575,000 $430,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-684357

The MLS

APN: 5442-019-042