NOT LISTED FOR SALE
10 Beds
7 Baths
4,844 Sq Ft
6,750 Sq Ft Lot

Sale Details

Date Sold: August 16, 2019

Last sale price $1,750,000 $361 Per Sq Ft

82 Days on Market

About This Home

As of August 2019

Presenting a very rare opportunity to own a true trophy property in the heart of Atwater Village. Consisting of 6 units, this 1930 Spanish style building exudes tons of character and charm. Immediately upon walking onto the property you are transformed to a bygone era full of exquisite details including gorgeous arched picture windows, high ceilings, built ins, and much more. There are 2 buildings on the property. The front building has three units including a large, two story owners unit with 3 bed 1.5 bath as well as large living and formal dining room. The other two units are both single story, one a 1 bed the other a 2 bed unit. The rear building has a 2 bedroom unit over the 3 large garages with plenty of windows and natural light, and two other 1 bed 1 bath units. There is also an on site laundry facility with coin operated machines. Pro Forma Cap 8% and GRM 10.54.

Last Agent to Sell the Property

John Christopher

Compass License #01416388 Listed on: 01/30/2019

Compass

Last Buyer's Agent

Phil Missig

Berkshire Hathaway HomeServices California Properties License #01367402

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,750 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Home Design

  • 4,844 Sq Ft Home
  • Spanish Architecture
  • Composition Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5436-021-019

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4844
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 7.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 412.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Sewer: In Street Paid
  • Water Expense: 3434.00

Fee Information

  • Insurance Expense: 2117.00

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessed Improvement Value: 315750
  • Assessed Land Value: 423966
  • Assessor Parcel Number: 5436-021-019
  • Geocode Override: No
  • Lot Size Area: 6750

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 17.86
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 24987.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Bought by

Purchase Details

Closed on
May 3, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.27%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,750,000 Equity Title Los Angeles
-- None Available
-- None Available
-- --
$590,000 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $800,000
Previous Owner $850,000
Previous Owner $550,000
Previous Owner $435,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $1,750,000 -12.5% $361 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $1,999,000 -- $413 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,800 $1,913,877 $546,820 $1,367,057
2024 $23,510 $1,876,351 $536,099 $1,340,252
2023 $23,063 $1,839,561 $525,588 $1,313,973
2022 $22,011 $1,803,492 $515,283 $1,288,209
2021 $21,735 $1,768,130 $505,180 $1,262,950
2019 $9,999 $769,599 $441,093 $328,506
2018 $9,890 $754,510 $432,445 $322,065
2016 $9,391 $725,212 $415,653 $309,559
2015 $9,263 $714,320 $409,410 $304,910
2014 $9,320 $700,329 $401,391 $298,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-501976

The MLS
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