NOT LISTED FOR SALE

Estimated Value: $2,372,000 - $3,406,431

6 Beds
4 Baths
4,361 Sq Ft
$653/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $2,655,000 $609 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,840/month

29 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Breakfast Room
  • Living Room with Fireplace
  • Spanish Architecture
  • Balcony

About This Home

As of April 2021

Classic 1928 Spanish duplex with modern upgrades intertwined with old world elegance and charm. Each unit contains 3BR /2BA, large, well-appointed rooms with unique details; exposed beams across living-room ceiling, fireplace, formal dining room, breakfast room and updated gourmet kitchen (Viking hood over 6 burner gas stove, XL refrigerator, dishwasher, marble counters), laundry rm with washer/dryer. 3rd en-suite bedroom off back entry. Principal & 2nd BR separated by large bath. Hardwood floors throughout, Custom built-ins, central A/C/Heat. Bottom Unit has a charming private backyard. Huge brick gated motor court has 3 garage stalls w carriage style doors and beautiful Spanish tiles. Separate front flagstone covered patio. Too many details to mention. Units will be delivered vacant.

Last Agent to Sell the Property

Mike Nourmand

Nourmand & Associates-BH License #01281017 Listed on: 02/08/2021

Nourmand & Associates-BH

Co-Listed By

Adam Sires

Nourmand & Associates-BH License #01399199

Last Buyer's Agent

Brent Watson

The Beverly Hills Estates License #01183125

The Beverly Hills Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,393

Year Built

  • Built in 1928

Lot Details

  • 6,884 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Sprinkler System

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Gated Parking
  • Guest Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 4,361 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Center Hall

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gardener, water
  • Assessor Parcel Number 5525-031-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,393

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 4361
  • Lot Acreage: 0.1580
  • Probate: No
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Tile, Wood
  • Appliances: Built-In Gas
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 617.98

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None
  • Patio: Balcony, Patio Open
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Covered Parking: 3
  • Garage Structures: 1
  • Parking Garage: Garage - 3 Car, Gated, Parking for Guests
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 496756
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 993514
  • Total Assessed Value: 1490270
  • Assessor Parcel Number: 5525-031-014
  • Lot Size Area: 6884

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Feb 27, 2018
Sold by
Cai Qing
Bought by
March Laurie and Gitlin Todd
Seller's Agent
Mason Canter
Keller Williams Realty Los Feliz
Buyer's Agent
Mike Nourmand
Nourmand & Associates-BH
List Price
$2,295,000
Sold Price
$2,300,000
Premium/Discount to List
$5,000
0.22%
Current Estimated Value
$2,846,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,810
Avg. Annual Appreciation
2.83%
Original Mortgage
$1,840,000
Outstanding Balance
$1,564,527
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$1,282,283

Purchase Details

Closed on
May 9, 2011
Sold by
Konar Mesut
Bought by
Cai Qing and Cai Anna X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2011
Sold by
Arnold Julianna M
Bought by
Konar Mesut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Houck David I
Bought by
Konar Mesut and Arnold Julianna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 1998
Sold by
Trust Sojka, Anthony M Co Tr A M And J So
Bought by
Burger Mitchell I and Burger Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.13%
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
March Laurie $2,300,000 First American Title Co
Cai Qing $1,350,500 Chicago Title Company
Konar Mesut -- Chicago Title Company
Konar Mesut -- Stewart Title Of Ca Inc
Burger Mitchell I $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open March Laurie $1,840,000
Previous Owner Cai Qing $750,000
Previous Owner Konar Mesut $1,500,000
Previous Owner Burger Mitchell I $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2021 04/06/21 Sold $2,655,000 -1.5% $609 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $2,695,000 +17.2% $618 / Sq Ft
03/09/2018 03/09/18 Sold $2,300,000 +0.2% $527 / Sq Ft View Prior Sale
11/29/2017 11/29/17 For Sale $2,295,000 -- $526 / 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 $34,393 $2,873,855 $2,218,985 $654,870
2024 $34,393 $2,817,506 $2,175,476 $642,030
2023 $33,725 $2,762,262 $2,132,820 $629,442
2022 $32,154 $2,708,100 $2,091,000 $617,100
2021 $28,968 $2,417,709 $1,813,282 $604,427
2020 $29,268 $2,392,920 $1,794,690 $598,230
2019 $28,099 $2,346,000 $1,759,500 $586,500
2018 $18,609 $1,520,075 $1,013,384 $506,691
2016 $17,777 $1,461,050 $974,034 $487,016
2015 $17,517 $1,439,105 $959,404 $479,701
2014 $17,576 $1,410,916 $940,611 $470,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-688420

The MLS

APN: 5525-031-014