NOT LISTED FOR SALE

Estimated Value: $1,582,000 - $2,741,587

5 Beds
7 Baths
3,682 Sq Ft
$539/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,595,000 $433 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $12,484/month

11 Days on Market

Highlights

  • Canyon View
  • Wood Flooring
  • 3 Car Garage
  • Eagle Rock High School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2016

Delivered Vacant! This newly-refurbished fourplex is 3 casitas and a detached 2000+ sq ft main residence, a two-level house with panoramic views. The hillside compound runs street to street with the 4 independent structures built around a courtyard. Live stylishly as an owner-user as you generate income or lease out all 4 units as an investment. The main house has formal living, dining and a freshly remodeled kitchen. Its three large bedrooms include an upstairs Master Suite with awesome views of the surrounding hillsides. All bedrooms have attached baths. There's a laundry area, 2-car garage and system improvements including plumbing, electrical and dual-zone heat and a/c. The three detached casitas have laundry hookups and individual meters for gas and electric. One casita features an attached garage/workspace and all have access to outdoor areas. The desirable location is adjacent to Highland Park, Mt. Washington and Eagle Rock with quick access to Silver Lake, Echo Park and DTLA.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 04/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 04/26/2016

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,856

Year Built

  • Built in 1922

Lot Details

  • 9,769 Sq Ft Lot

Property Views

  • Canyon
  • Mountain

Home Design

  • 3,682 Sq Ft Home
  • Quadruplex

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5456-008-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,856

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3682
  • Year Built: 1922
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 448.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 145533
  • Assessed Land Value: 36084
  • Assessor Parcel Number: 5456-008-015
  • Geocode Override: No
  • Lot Size Area: 9769

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
May 16, 2016
Sold by
Raskin Ventures Llc
Bought by
Mclarty Heather and Evans Troy
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,595,000
Premium/Discount to List
-$55,000
-3.33%
Current Estimated Value
$1,985,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,647
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Barragan Mary Lozano and Mary Lozano Barragan Trust
Bought by
Raskin Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2008
Sold by
Barragan Mary Lozano
Bought by
Barragan Mary Lozano and Mary Lozano Barragan Trust
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
Mclarty Heather $1,595,000 Fidelity National Title Co
Raskin Ventures Llc $900,000 Wfg Title Company
Barragan Mary Lozano -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raskin Ventures Llc $450,000
Previous Owner Barragan Mary L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $1,595,000 -3.3% $433 / Sq Ft
04/26/2016 04/26/16 For Sale $1,650,000 +83.3% $448 / Sq Ft
04/27/2015 04/27/15 Sold $900,000 -9.5% $244 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
11/30/2014 11/30/14 For Sale $995,000 -- $270 / 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 $22,856 $1,888,150 $1,000,305 $887,845
2024 $22,856 $1,851,129 $980,692 $870,437
2023 $22,415 $1,814,833 $961,463 $853,370
2022 $21,377 $1,779,249 $942,611 $836,638
2021 $21,112 $1,744,363 $924,129 $820,234
2020 $21,326 $1,726,478 $914,654 $811,824
2019 $20,483 $1,692,626 $896,720 $795,906
2018 $20,286 $1,659,438 $879,138 $780,300
2016 $11,491 $932,265 $609,150 $323,115
2015 $2,461 $181,617 $36,084 $145,533
2014 $2,496 $178,061 $35,378 $142,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-116402

The MLS

APN: 5456-008-015