NOT LISTED FOR SALE

343 N Benton Way Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $2,806,241 - $3,192,000

9 Beds
9 Baths
1,952 Sq Ft
$1,536/Sq Ft Est. Value

Last Sold November 18, 2012

Last sale price $1,145,000 $587 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $17,401/month

86 Days on Market

About This Home

As of November 2012

This charming 1920's bungalow-style apartment complex is located just North of Temple and West of Alvarado in the City of Los Angeles. This convenient location is just south of the 101 Freeway and is adjacent to Silver Lake, Echo Park, and Downtown LA. The property has been substantially renovated with seven out of the nine units being remodeled. The property is separately metered for gas and electric and has individualhot water heaters in every unit. Although there is one enclosed garage for two cars, currently being used as storage at the rear of the property, there is only on-street parking.

Last Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 05/21/2012

Last Buyer's Agent

Moses Kagan

Adaptive Realty, Inc. License #01864027

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,805

Year Built

  • Built in 1923

Lot Details

  • 9,379 Sq Ft Lot

Home Design

  • 1,952 Sq Ft Home

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5156-025-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,805

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1952
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 622.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Total Parking: 2

Utilities

  • Electric Expense: 6000.00

Fee Information

  • Insurance Expense: 3000.00
  • Maintenance Expense: 4790.00
  • Management Expense: 4790.00
  • Other Expense: 1198.00

Lot Info

  • Assessed Improvement Value: 211079
  • Assessed Land Value: 402056
  • Assessor Parcel Number: 5156-025-011
  • Lot Size Area: 9379

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.15
  • Number Of Units: 9
  • Total Annual Expense: 38338
  • Type Of Units: 1+1, 2+1
  • Vacancy Rate: 5988

Tax Info

  • Tax Expense: 15188.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2017
Sold by
343 North Benton Way Llc
Bought by
343 North Benton Way Llc
Total Days on Market
86
Current Estimated Value
$2,999,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Listed on
May 21, 2012
Closed on
Dec 11, 2012
Sold by
Atk Premier Properties Llc
Bought by
343 N Benton Way Llc
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
Moses Kagan
Adaptive Realty, Inc.
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$823,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2009
Sold by
Inglett Donald John and Inglett Donald J
Bought by
Edward Jones Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2009
Sold by
Edward Jones Trust Company
Bought by
Atk Premier Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.06%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Los Angeles, CA

  • 715 Douglas St, Los Angeles, CA 90026

    $2,600,000

    • 10 Beds
    • 8 Baths
    • 3,325 Sq Ft
    • 715 Douglas St
    • Los Angeles, CA

    715 Douglas St is an artfully restored historical triplex in the heart of Echo Park, one of Los Angeles’ most vibrant and sought-after neighborhoods. The property currently offers a return of 5.67%, with the existing A+ tenants paying $7,196, $5,400, and $3,502 in rent. Additionally, the property is being delivered with SHOVEL READY plans for a freestanding 2-bedroom, 2-bathroom ADU and RTI plans

    Cheyenne Womack Myunits.com Inc.

    Section Image
  • 836 S Catalina St, Los Angeles, CA 90005

    $2,250,000

    • 8 Beds
    • 8 Baths
    • 5,322 Sq Ft
    • 836 S Catalina St
    • Los Angeles, CA

    We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has

    David Kaufman David Ballin Kaufman

    Section Image
  • 743 S Harvard Blvd, Los Angeles, CA 90005

    $2,250,000

    • 8 Beds
    • 8 Baths
    • 5,855 Sq Ft
    • 743 S Harvard Blvd
    • Los Angeles, CA

    Location! Location! Location!! A rare opportunity to acquire an apartment complex in prime Koreatown near Wilshire Blvd. 743 S Harvard is centrally situated in Mid-Wilshire, just a block south of Wilshire Blvd and east of Western Ave. The complex consists of well-maintained (1) two-bedroom, (6) one-bedroom, and (1) studio, of which three were recently renovated (#3, #4 & #6). The building had

    Johnny and David Team Keller Williams Realty Los Feliz

    Section Image
  • 310 N St Andrews Place, Los Angeles, CA 90004

    $2,490,000

    • 10 Beds
    • 8 Baths
    • 6,216 Sq Ft
    • 310 N St Andrews Place
    • Los Angeles, CA

    Situated in the highly desirable Mid-Wilshire neighborhood, 310 N St Andrews Pl offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. The projected monthly rental income is $15,128. One of the ADU units & a 2 bedroom unit (upper unit) are currently vacant,

    Johnny and David Team Keller Williams Realty Los Feliz

    Section Image
  • 1816 Hillhurst Ave, Los Angeles, CA 90027

    $2,599,000

    • 11 Beds
    • 8 Baths
    • 5,484 Sq Ft
    • 1816 Hillhurst Ave
    • Los Angeles, CA

    Pride of ownership and one of a kind commercial and mix use zoning investment property located in the prime and very desirable Los Feliz area. Featuring unusual 2 separate buildings, this property is located within proximity and walking distance to shops, restaurants, markets, banks, school, Cedar Sinai Medical Center. Do not miss this great opportunity to own a building with great pride and

    Dikran Shirinyan P&S Realty

    Section Image
  • 1548 N Alexandria Ave, Los Angeles, CA 90027

    $3,275,000

    • 9 Beds
    • 10 Baths
    • 6,620 Sq Ft
    • 1548 N Alexandria Ave
    • Los Angeles, CA

    Prime Los Feliz 9-Unit Investment Opportunity with ADU & Capital Improvements. Exceptional multifamily property located in highly desirable Los Feliz area. This well-maintained 9-unit building includes a strong unit mix consisting of 6 x 1-bedroom/1-bath, 1 x 2-bedroom/2-bath, 1 studio, and 1 ADU 1bedroom and 1 bath, with a private terrace. Each unit enjoys separate utility meters and one on-site

    Sara Magpapian Coldwell Banker Hallmark

    Section Image
  • 1229 S Kingsley Dr, Los Angeles, CA 90006

    $2,499,000

    • 10 Beds
    • 10 Baths
    • 5,344 Sq Ft
    • 1229 S Kingsley Dr
    • Los Angeles, CA

    SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. PRICE TICKED UP, ROOM FOR NEGOTIATIONS. INQUIRE WITHIN. LAST PRICE DROP - BEFORE THIS BEAUTIFUL PROPERTY COMES OFF THE MARKET - GET YOUR OFFERS IN. ** $400,000 PRICE DROPPED, NOW WITH SERIOUS PRICE, LOOKING FOR SERIOUS BUYER. ** SECURED, GATED PARKING, CODE ACCESS. BRAND NEW BUILDING BUILT IN 2020, 6 UNITS 2 X

    Max Lee Real Broker

    Section Image
  • 1736 N Normandie Ave, Los Angeles, CA 90027

    $2,595,000

    • 8 Beds
    • 8 Baths
    • 5,467 Sq Ft
    • 1736 N Normandie Ave
    • Los Angeles, CA

    We are pleased to present the exclusive opportunity to acquire the Coral Reef Apartments, located at 1736 N Normandie Ave. The subject property is located just steps away from Hollywood Blvd and a short distance to the Hollywood/Western and Sunset/Vermont metro stations, ensuring a perpetually large pool of prospective tenants and rentability in the future. The property contains 8 fully remodeled

    Tadeh Minassian Signature Fine Estates, Inc.

    Section Image
  • 940 S Gramercy Place, Los Angeles, CA 90019

    $2,495,000

    • 10 Beds
    • 8 Baths
    • 6,412 Sq Ft
    • 940 S Gramercy Place
    • Los Angeles, CA

    SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** A DIAMOND IN THE ROUGH~~~ THIS CAN BE A CASH COW FOR THOSE WHO CAN IMAGINE. Possibly more units can be delivered VACANT AT CLOSE OF ESCROW. HUGE BEDROOMS, LARGER LIVING ROOMS. First time in the Market in 34 years!! EACH UNIT HAS IT'S OWN CENTRAL A/C. This subject property is a

    Max Lee Real Broker

    Section Image
See All Homes in Los Angeles

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
343 North Benton Way Llc -- Old Republic Title Company
343 N Benton Way Llc $1,145,011 First American Title Ins Co
Atk Premier Properties Llc $610,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 343 North Benton Way Llc $1,200,000
Previous Owner 343 N Benton Way Llc $823,000
Previous Owner 343 North Benton Way Llc $823,000
Previous Owner Atk Premier Properties Llc $765,000
Previous Owner Ocallaghan Peter J $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2012 11/18/12 Sold $1,145,000 -4.2% $587 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $1,195,000 -- $612 / 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
2024 $17,805 $1,382,330 $845,093 $537,237
2023 $17,479 $1,355,226 $828,523 $526,703
2022 $16,705 $1,328,654 $812,278 $516,376
2021 $16,483 $1,302,602 $796,351 $506,251
2019 $16,024 $1,264,769 $772,732 $492,037
2018 $15,872 $1,239,986 $757,581 $482,405
2016 $15,120 $1,191,068 $728,164 $462,904
2015 $14,908 $1,173,178 $717,227 $455,951
2014 $15,010 $1,150,198 $703,178 $447,020
Source: Public Records

Agents Affiliated with this Home

  • David Kaufman

    Seller's Agent in 2012

    David Kaufman

    David Ballin Kaufman

    (818) 464-3211

    2 in this area

    31 Total Sales

    David Kaufman
    Section Image

  • M

    Buyer's Agent in 2012

    Moses Kagan

    Adaptive Realty, Inc.

    (213) 330-2711

    3 Total Sales

    Moses Kagan
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-601661

The MLS

APN: 5156-025-011

California Los Angeles County Los Angeles 90026 Westlake

343 N Benton Way, Los Angeles, CA

This home is located at 343 N Benton Way, Los Angeles, CA 90026 since 21 May 2012 and is currently estimated at $2,999,121, approximately $1,536 per square foot. This property was built in 1923. 343 N Benton Way is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Virgil Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes