NOT LISTED FOR SALE

Estimated Value: $1,141,000 - $1,303,536

4 Beds
3 Baths
2,011 Sq Ft
$613/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $742,000 $369 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,397/month

10 Days on Market

Highlights

  • Guest House
  • 5-minute walk to Vermont/Beverly Station
  • Craftsman Architecture
  • Gourmet Kitchen
  • Auto Driveway Gate
  • Wood Flooring

About This Home

As of December 2015

Fully updated Craftsman-style gated compound located in East Hollywood is zoned R-3 & move-in ready. Detached duplex with numerous modern touches.Front house 3BR/2BA. Back 1BR /1BA. Both houses are suitable accommodation for guests & extended family, income potential, or development opportunity. Amenities include custom kitchens with walnut cabinetry, white quartz countertops, stainless steel appliances, dual-pane windows, wood floors & home security system. The remote controlled gate provides a secured entrance that encloses drought-tolerant, eco-friendly landscaping with mature citrus tree & ample off-street parking. With close proximity to Koreatown, Larchmont Village, Metro Red Line, LA City College and the 101 Fwy, this location has so much to offer at the heart of Los Angeles.

Last Agent to Sell the Property

Andrew Rhoda

Carolwood Estates License #01879250 Listed on: 10/20/2015

Carolwood Estates

Last Buyer's Agent

Libby Sparks

License #00925370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,740

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 6,211 Sq Ft Lot
  • Gated Home

Home Design

  • Craftsman Architecture
  • Turnkey

Interior Spaces

  • 2,011 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Entryway
  • Family Room
  • Living Room
  • Breakfast Room

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Driveway
  • Auto Driveway Gate
  • Controlled Entrance

Additional Features

  • Covered Patio or Porch
  • Guest House
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5520-022-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,740

Year Built

Built in 1914 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Fully updated Craftsman-style gated compound located in East Hollywood is zoned R-3 & move-in ready. Detached duplex with numerous modern touches.Front house 3BR/2BA. Back 1BR /1BA. Both houses are suitable accommodation for guests & extended family, income potential, or development opportunity. Amenities include custom kitchens with walnut cabinetry, white quartz countertops, stainless steel appliances, dual-pane windows, wood floors & home security system. The remote controlled gate provides a secured entrance that encloses drought-tolerant, eco-friendly landscaping with mature citrus tree & ample off-street parking. With close proximity to Koreatown, Larchmont Village, Metro Red Line, LA City College and the 101 Fwy, this location has so much to offer at the heart of Los Angeles.
  • Living Area: 2011
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Moldings, Turnkey
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Kitchen Features: Counter Top, Gourmet Kitchen, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Ceiling Fan, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 347.59
  • Windows: Double Pane Windows

Exterior Features

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

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Driveway, Driveway Gate, Gated
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector

Lot Info

  • Assessor Parcel Number: 5520-022-015
  • Geocode Override: No
  • Lot Size Area: 6211

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2018
Sold by
Hwang William Jae Hoon and Magtahas Janette Silva
Bought by
Hwang William Jae Hoon and Magtahas Janette Silva
Current Estimated Value
$1,233,634

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 11, 2015
Sold by
Hwang William
Bought by
Hwang William and Magtahas Janette
Seller's Agent
Andrew Rhoda
Carolwood Estates
Buyer's Agent
Libby Sparks
List Price
$699,000
Sold Price
$742,000
Premium/Discount to List
$43,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$556,500
Outstanding Balance
$436,521
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$797,113

Purchase Details

Listed on
Oct 20, 2015
Closed on
Oct 30, 2015
Sold by
Gilbert Hamerling Matthew and Hamerling Adina Marie Gilbert
Bought by
Hwang William
Seller's Agent
Andrew Rhoda
Carolwood Estates
Buyer's Agent
Libby Sparks
List Price
$699,000
Sold Price
$742,000
Premium/Discount to List
$43,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,500
Outstanding Balance
$436,521
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$797,113

Purchase Details

Listed on
Sep 12, 2012
Closed on
Jan 14, 2013
Sold by
Cai Multi-Unit Illc
Bought by
Gilbert Hamerling Matthew and Hamerling Adina Marie Gilbert
Seller's Agent
Brett Bayless
Brett Bayless, Broker
Buyer's Agent
Ella Zakaryan
Coldwell Banker Realty
List Price
$569,000
Sold Price
$510,000
Premium/Discount to List
-$59,000
-10.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$500,762
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 23, 2012
Closed on
Apr 30, 2012
Sold by
Cai Multi Unit I Llc
Bought by
Cai Multi Unit I Llc
Seller's Agent
Fred Schwartz
Rhodes Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.82%

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 15, 2012
Sold by
The Kasen Living Trust
Bought by
Ca1 Multi Unit 1 Llc
Seller's Agent
Fred Schwartz
Rhodes Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$299,500
Sold Price
$280,000
Premium/Discount to List
-$19,500
-6.51%

Purchase Details

Closed on
Mar 25, 2009
Sold by
Nourian Sarkis
Bought by
Kasen David and Kasen Karen K

Purchase Details

Closed on
Jun 14, 2007
Sold by
Nourian Alin
Bought by
Nourian Sarkis K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2007
Sold by
Mkrtichian Mary
Bought by
Nourian Sarkis

Purchase Details

Closed on
Feb 5, 2007
Sold by
Mkrtichian Mary
Bought by
Mkrtichian Mary and Nourian Sarkis
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
Hwang William Jae Hoon -- None Available
Hwang William Jae Hoon -- None Available
Hwang William -- None Available
Hwang William $742,000 Equity Title
Gilbert Hamerling Matthew $510,000 Lawyers Title Company
Cai Multi Unit I Llc -- Lawyers Title
Ca1 Multi Unit 1 Llc $280,002 Lawyers Title Sd
Kasen David $536,139 None Available
Nourian Sarkis K -- New Century Title Glendale
Nourian Sarkis -- None Available
Mkrtichian Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang William $556,500
Previous Owner Gilbert Hamerling Matthew $500,762
Previous Owner Nourian Sarkis K $498,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2015 12/10/15 Sold $742,000 +6.2% $369 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $699,000 +37.1% $348 / Sq Ft
01/31/2013 01/31/13 Sold $510,000 -5.4% $254 / Sq Ft View Prior Sale
12/19/2012 12/19/12 Pending -- -- --
12/12/2012 12/12/12 Price Changed $539,000 -3.6% $268 / Sq Ft
10/17/2012 10/17/12 Price Changed $559,000 -1.8% $278 / Sq Ft
10/01/2012 10/01/12 For Sale $569,000 +11.6% $283 / Sq Ft
09/26/2012 09/26/12 Off Market $510,000 -- --
09/12/2012 09/12/12 For Sale $569,000 +103.2% $283 / Sq Ft
03/23/2012 03/23/12 Sold $280,000 -6.5% $177 / Sq Ft View Prior Sale
02/15/2012 02/15/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $299,500 -- $190 / 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 $10,740 $878,369 $615,572 $262,797
2024 $10,740 $861,147 $603,502 $257,645
2023 $10,539 $844,263 $591,669 $252,594
2022 $10,058 $827,710 $580,068 $247,642
2021 $9,930 $811,482 $568,695 $242,787
2020 $10,029 $803,162 $562,864 $240,298
2019 $9,637 $787,415 $551,828 $235,587
2018 $9,491 $771,976 $541,008 $230,968
2016 $9,071 $742,000 $520,000 $222,000
2015 $6,373 $522,550 $420,089 $102,461
2014 $6,404 $512,315 $411,861 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-949915

The MLS

APN: 5520-022-015