NOT LISTED FOR SALE

320 S Edinburgh Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $2,125,000 - $2,825,000

6 Beds
4 Baths
4,196 Sq Ft
$595/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $1,800,000 $429 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $15,378/month

About This Home

As of February 2016

Classic Hollywood Era four-plex built in 1948. The building has a very desirable mix of 2 ( 1 bedroom- 1 bathroom) units and 2 ( 2 bedroom -1 ½ bathroom) units. The interiors have original hardwood floors, crown moldings and other classic era specific details. The units themselves are large and well maintained with some upgrades. Their footprints include over-sized bedrooms, separate dining and living rooms, kitchen and bathrooms, as well as interior private laundry. Owner FF&E includes stoves, refrigerators, dishwashers. The complex offers two X 2 car garages with one parking space per unit. This superbly rent-able building is located in one of the most desirable neighborhoods in Los Angeles around the corner from Third Streets' trendy shops and restaurants and minutes from The Grove and LACMA with an incredibly high walk score of (92) out of (100).

Last Agent to Sell the Property

Eric Yetter

PLG Estates License #01431808 Listed on: 01/05/2016

Co-Listed By

Steve Garza

Keller Williams Realty Los Feliz License #01446995

Keller Williams Realty Los Feliz

Last Buyer's Agent

Steve Garza

Keller Williams Realty Los Feliz License #01446995

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,646

Year Built

  • Built in 1948

Lot Details

  • 4,767 Sq Ft Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Interior Spaces

  • 4,196 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-027-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,646

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4196
  • Stories: 2
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 4
  • Number Disposal: 4
  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 446.85

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 1
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Assigned, Garage - 2 Car, Parking Space
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central, Wall/Window
  • Heating: Central, Wall Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Expense: 1824.00

Fee Information

  • Insurance Expense: 3600.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 335790
  • Assessed Land Value: 909301
  • Assessor Parcel Number: 5511-027-009
  • Geocode Override: No
  • Lot Size Area: 4767

Rental Info

  • Number Leased: 4

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.66
  • Number Of Units: 4
  • Number Wall A C: 1
  • Rent Control: 100
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 23437.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jan 18, 2016
Sold by
60-62 Greenwich Llc
Bought by
Roja Properties Llc
Seller's Agent
Eric Yetter
PLG Estates
Buyer's Agent
Steve Garza
Keller Williams Realty Los Feliz
List Price
$1,875,000
Sold Price
$1,800,000
Premium/Discount to List
-$75,000
-4%
Current Estimated Value
$2,529,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,839
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,260,000
Outstanding Balance
$1,002,432
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,492,995

Purchase Details

Closed on
Feb 12, 2015
Sold by
Lera Judy and Potvin Dennis
Bought by
60-62 Greenwich Llc

Purchase Details

Closed on
Jun 29, 2005
Sold by
Lera Judy
Bought by
Lera Judy and Potvin Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Lera Robert J and Lera Judy
Bought by
Lera Judy

Purchase Details

Closed on
Jul 23, 2004
Sold by
Sklar Leonard and Sklar Marcia A
Bought by
Lera Robert J and Lera Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,800
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2000
Sold by
Sklar Marcia Ann Bloomberg
Bought by
Sklar Leonard and Sklar Marcia A
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
Roja Properties Llc $1,800,000 Fatco
60-62 Greenwich Llc $1,717,000 Lawyers Title
Lera Judy -- Southland Title
Lera Judy -- --
Lera Robert J $1,228,500 Equity Title Company
Sklar Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roja Properties Llc $1,260,000
Previous Owner Lera Judy $1,130,000
Previous Owner Lera Robert J $982,800
Closed Lera Robert J $122,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $1,800,000 -4.0% $429 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $1,875,000 -- $447 / 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 $25,646 $2,130,830 $1,657,314 $473,516
2024 $25,646 $2,089,050 $1,624,818 $464,232
2023 $25,152 $2,048,089 $1,592,959 $455,130
2022 $23,986 $2,007,931 $1,561,725 $446,206
2021 $23,683 $1,968,560 $1,531,103 $437,457
2019 $22,975 $1,910,174 $1,485,691 $424,483
2018 $22,845 $1,872,720 $1,456,560 $416,160
2016 $21,160 $1,743,184 $1,218,300 $524,884
2015 $15,225 $1,245,091 $909,301 $335,790
2014 -- $1,220,703 $891,490 $329,213
Source: Public Records

Agents Affiliated with this Home

  • Eric Yetter

    Seller's Agent in 2016

    Eric Yetter

    PLG Estates

    (310) 266-5819

    42 Total Sales

    Eric Yetter
    Section Image
  • Steve Garza

    Seller Co-Listing Agent in 2016

    Steve Garza

    Keller Williams Realty Los Feliz

    (323) 823-0738

    1 in this area

    5 Total Sales

    Steve Garza
    Section Image
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Map

Source: The MLS

MLS Number: 16-967853

The MLS

APN: 5511-027-009

California Los Angeles County Los Angeles 90048 Beverly Grove

320 S Edinburgh Ave, Los Angeles, CA

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