NOT LISTED FOR SALE

Estimated Value: $2,137,000 - $2,890,000

8 Beds
4 Baths
5,292 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $2,500,000 $472 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $15,703/month

9 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • West Facing Home
  • Spanish Architecture
  • Floor Furnace

About This Home

As of April 2022

FIRST TIME ON THE MARKET IN OVER 55 YEARS! Fabulous Opportunity to purchase a 4 Plex in one of the hottest Locations In Los Angeles. Each Unit are 2 Bedroom 1 Bathroom with a lot of Original Art Deco detailing intact. One unit delivered vacant for perfect owner User or to capture unit at new Market Rent. Opportunity to add Value by installing stack washer and Dryers in each unit. Location! Location! Location! Building is Located Near The Grove, Pan Pacific Park, Famers Market, La Brea Tar Pits, Peterson Museum, Cedar Sinai, Beverly Center and array of restaurants up and down Beverly Blvd and Fairfax Ave. There is parking in the rear of the building. Constructed in 1928, this a great opportunity for an investor to capitalize on the rental upside while taking advantage of the historical Low Residential Financing. Easy to show vacant Unit. Drive by only. Please do not disturb tenants. Interior inspection with accepted offer only.

Last Agent to Sell the Property

Josh Tomaszewski

JRM Properties License #01836611 Listed on: 03/16/2022

Last Buyer's Agent

Linda Kaye

KW Advisors License #01360815

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,922

Year Built

  • Built in 1928

Lot Details

  • 6,498 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Detached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,292 Sq Ft Home
  • Wood Flooring
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5526-041-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,922

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 5292
  • Lot Acreage: 0.1492
  • Probate: No
  • Year Built: 1928
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 471.47

Exterior Features

  • Direction Faces: West
  • Construction: Hard Coat
  • Other Structures: Accessory Bldgs
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Detached, Covered Parking
  • Total Parking: 4

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Window Unit(s)
  • Electric Expense: 600.00
  • Heating: Floor Furnace
  • Water Expense: 2100.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2136.00
  • Maintenance Expense: 2500.00

Lot Info

  • Assessed Improvement Percent: 52.33
  • Assessed Improvement Value: 71092
  • Assessed Land Percent: 47.67
  • Assessed Land Value: 64754
  • Total Assessed Value: 135846
  • Assessor Parcel Number: 5526-041-018
  • Lot Size Area: 6498

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 22.90
  • Number Of Units: 4
  • Total Annual Expense: 40523
  • Type Of Units: Art Deco
  • Vacancy Rate: 25

Tax Info

  • Tax Expense: 31187.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 11, 2022
Sold by
David G Genut And Marsha Genut Revocable
Bought by
Kessler Family Trust
Seller's Agent
Josh Tomaszewski
JRM Properties
Buyer's Agent
Linda Kaye
KW Advisors
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$2,412,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,437
Avg. Annual Appreciation
-1.04%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Kishineff Brenda Blossom
Bought by
Kishineff Sheldon and Kishineff Brenda

Purchase Details

Closed on
Apr 19, 2011
Sold by
Genut David George and Genut David G
Bought by
Genut David G and Genut Marsha

Purchase Details

Closed on
Nov 14, 2006
Sold by
Genut David George and Helen Genut Rothman Trust
Bought by
Genut David George
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kessler Family Trust $2,500,000 Stewart Title Company
Kishineff Sheldon -- None Available
Genut David G -- None Available
Genut David George -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $2,500,000 +0.2% $472 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $2,495,000 -- $471 / 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 $31,922 $2,653,020 $1,591,812 $1,061,208
2024 $31,922 $2,601,000 $1,560,600 $1,040,400
2023 $31,307 $2,550,000 $1,530,000 $1,020,000
2022 $2,332 $138,562 $66,049 $72,513
2021 $2,270 $135,846 $64,754 $71,092
2019 $2,216 $131,820 $62,835 $68,985
2018 $2,070 $129,236 $61,603 $67,633
2016 $1,926 $124,219 $59,212 $65,007
2015 $1,904 $122,354 $58,323 $64,031
2014 $1,940 $119,958 $57,181 $62,777
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-136925

The MLS

APN: 5526-041-018