NOT LISTED FOR SALE

332 N Alexandria Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,178,000 - $1,735,601

4 Beds
3 Baths
2,554 Sq Ft
$550/Sq Ft Est. Value

Last Sold August 13, 2019

Last sale price $842,000 $330 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,337/month

81 Days on Market

About This Home

As of August 2019

ATTENTION DEVELOPERS!!! Fixer duplex on R3 lot in East Hollywood/Historic Filipinotown district. Lot size 6900 square feet. By right, can build up to 7 units with 4 bedrooms / 2 baths each. Current configuration is a duplex, both 2BR/1.5BAs with 5 parking spaces. Large footprint with 2554 square feet total. High growth centrally located area between Melrose and Beverly Blvd, just south of Los Feliz / Silver Lake neighborhoods, north of Koreatown, east of Hollywood, and just west of downtown. Buyers to do their own due diligence with regards to zoning, square footage, and all possible concerns regarding construction.

Last Agent to Sell the Property

Will Tiao

The Collective Realty License #01918965 Listed on: 04/08/2019

Last Buyer's Agent

Eliza Kerndian

Keller Williams Beverly Hills License #01398836

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,254

Year Built

  • Built in 1924

Lot Details

  • 6,900

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,554 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,900 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5520-023-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,254

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Contact listing agent Will Tiao at 323.363.1096 for more details. ATTENTION DEVELOPERS!!! Fixer duplex on R3 lot in East Hollywood/Historic Filipinotown district. Lot size 6900 square feet. By right, can build up to 7 units with 4 bedrooms / 2 baths each. Current configuration is a duplex, both 2BR/1.5BAs with 5 parking spaces. Large footprint with 2554 square feet total. One unit will be delivered vacant. High growth centrally located area between Melrose and Beverly Blvd, just south of Los Feliz / Silver Lake neighborhoods, north of Koreatown, east of Hollywood, and just west of downtown. Buyers to do their own due diligence with regards to zoning, square footage, and all possible concerns regarding construction.
  • Living Area: 2554
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 430.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 20644
  • Assessed Land Value: 47752
  • Assessor Parcel Number: 5520-023-002
  • Geocode Override: No
  • Lot Size Area: 6900

Rental Info

  • Total Actual Rent: 14832.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.28
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 15000
  • Type Of Units: Income
  • Vacancy Rate: 50%

Tax Info

  • Tax Expense: 15000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Dayani Mehrdad
Bought by
Prime Oz Fund Llc
Current Estimated Value
$1,403,900

Purchase Details

Closed on
Aug 4, 2023
Sold by
Dayani Saeed
Bought by
Dayco Holdings Oz Fund Llc

Purchase Details

Listed on
Apr 8, 2019
Closed on
Aug 6, 2019
Sold by
Dayani Farnaz
Bought by
Dayani Mebrdad
Seller's Agent
Will Tiao
The Collective Realty
Buyer's Agent
Eliza Kerndian
Keller Williams Beverly Hills
List Price
$1,200,000
Sold Price
$842,000
Premium/Discount to List
-$358,000
-29.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$505,200
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 27, 2019
Sold by
Guanzon Leticia A and Jakic Arleen R
Bought by
Dayani Saeed and Dayani Mehrdad
Seller's Agent
Will Tiao
The Collective Realty
Buyer's Agent
Eliza Kerndian
Keller Williams Beverly Hills
List Price
$1,200,000
Sold Price
$842,000
Premium/Discount to List
-$358,000
-29.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,200
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2016
Sold by
Guanzon Leticia A
Bought by
Leticia A Guanzon Trust
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
Prime Oz Fund Llc -- Lawyers Title
Dayco Holdings Oz Fund Llc -- Accommodation/Courtesy Recordi
Dayani Mebrdad -- Fidelity National Title Co
Dayani Saeed $842,000 Fidelity National Title Co
Leticia A Guanzon Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dayani Saeed $505,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $842,000 -23.5% $330 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $1,100,000 -8.3% $431 / Sq Ft
04/08/2019 04/08/19 For Sale $1,200,000 -- $470 / 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 $11,254 $920,846 $656,186 $264,660
2024 $11,254 $902,791 $643,320 $259,471
2023 $11,042 $885,090 $630,706 $254,384
2022 $10,538 $867,737 $618,340 $249,397
2021 $10,400 $850,723 $606,216 $244,507
2020 $10,504 $842,000 $600,000 $242,000
2019 $7,513 $71,158 $49,681 $21,477
2018 $1,129 $69,763 $48,707 $21,056
2016 $1,055 $67,056 $46,816 $20,240
2015 $1,044 $66,049 $46,113 $19,936
2014 $1,064 $64,756 $45,210 $19,546
Source: Public Records

Agents Affiliated with this Home

  • Will Tiao

    Seller's Agent in 2019

    Will Tiao

    The Collective Realty

    (323) 438-9494

    1 in this area

    31 Total Sales

    Will Tiao
    Section Image
  • Eliza Kerndian

    Buyer's Agent in 2019

    Eliza Kerndian

    Keller Williams Beverly Hills

    (310) 482-2500

    28 Total Sales

    Eliza Kerndian
    Section Image
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Map

Source: The MLS

MLS Number: 19-449620

The MLS

APN: 5520-023-002

California Los Angeles County Los Angeles 90004 East Hollywood

332 N Alexandria Ave, Los Angeles, CA

Not Listed for Sale

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