NOT LISTED FOR SALE

Estimated Value: $1,342,000 - $1,801,632

4 Beds
3 Baths
1,972 Sq Ft
$784/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $681,000 $345 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $9,191/month

125 Days on Market

Highlights

  • No HOA
  • Two Homes on a Lot
  • No Interior Steps
  • John Marshall Senior High Rated A
  • Laundry Room
  • Storage

About This Home

As of August 2014

2 well maintained properties in 1 lot, Located in Atwater Village, between Los Feliz Blvd. & Glendale Blvd. There are plenty of hip & trendy restaurants within close distance. The front house offers 2 bedrooms & 2 baths. The 2nd detached unit in the Back has 2 beds, 1 bath. Tenants are on a month to month lease. Rear Unit Might be Delivered Vacant. Great Opportunity. Please do not disturb tenants. Property has lot of Fruit trees. Remodeled in the later 90's.

Last Agent to Sell the Property

Ali Tehranian

No Firm Affiliation License #01201725 Listed on: 02/25/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,055

Year Built

  • Built in 1924

Lot Details

  • 5,200 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Home Design

  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 1,972 Sq Ft Home
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 19
  • Tax Tract Number 5006
  • Assessor Parcel Number 5435014020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Gross Income $3,284
  • Net Operating Income $3,239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,055

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Condition: Additions/Alterations, Building Permit, Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 5435014020
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 345.33

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Carport
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3284.00
  • Gross Scheduled Income: 3284.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 3239.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 45.00
  • Rent Control: Yes
  • Total Actual Rent: 3284.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 5006
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Huynh Que Lam and Nguyen Angela Minhtu D
Bought by
Huynh Que Lam and Nguyen Angela Minhtu
Current Estimated Value
$1,512,585

Purchase Details

Listed on
Feb 25, 2014
Closed on
Jun 24, 2014
Sold by
Troms Inc
Bought by
Huynh Que Lam and Nguyen Angela Minhtu D
Seller's Agent
Ali Tehranian
No Firm Affiliation
List Price
$825,000
Sold Price
$681,000
Premium/Discount to List
-$144,000
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$510,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Tehranian Mohamad
Bought by
Troms Inc

Purchase Details

Closed on
Oct 8, 2003
Sold by
Tehranian Mohammad
Bought by
Tehranian Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1999
Sold by
Tehranian Shahla
Bought by
Tehranian Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 6, 1999
Sold by
Tehranian Ensieh
Bought by
Tehranian Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.82%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Shahfar Shahrokh
Bought by
Tehranian Ensieh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.14%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Tehranian Ali and Tehranian Mohammed
Bought by
Shahfar Shahrokh
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Huynh Que Lam -- None Available
Huynh Que Lam $681,000 Western Resources Title
Troms Inc -- None Available
Tehranian Mohammad -- Gateway Title
Tehranian Mohammad -- Gateway Title Company
Tehranian Mohammad -- Gateway Title Company
Tehranian Ensieh $200,000 Fidelity National Title Co
Shahfar Shahrokh $180,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Que Lam $450,000
Previous Owner Huynh Que Lam $510,750
Previous Owner Huynh Que Lam $495,000
Previous Owner Tehranian Mohamad R $195,000
Previous Owner Tehranian Mohamad $336,000
Previous Owner Tehranian Mohammad $224,000
Previous Owner Tehranian Mohammad Reza $200,000
Previous Owner Tehranian Mohammad $228,000
Previous Owner Tehranian Mohammad $228,000
Previous Owner Tehranian Mohammad $228,000
Previous Owner Tehranian Mohammad $228,000
Previous Owner Tehranian Mohammad $228,000
Previous Owner Tehranian Mohammad $208,000
Previous Owner Tehranian Mohammad $208,000
Previous Owner Tehranian Ensieh $192,000
Previous Owner Tehranian Ensieh $13,500
Previous Owner Tehranian Ensieh $180,000
Previous Owner Tehranian Ensieh $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $681,000 -17.5% $345 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $825,000 -- $418 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,055 $824,273 $636,975 $187,298
2024 $10,055 $808,112 $624,486 $183,626
2023 $9,863 $792,268 $612,242 $180,026
2022 $9,407 $776,735 $600,238 $176,497
2021 $9,289 $761,506 $588,469 $173,037
2020 $9,381 $753,698 $582,435 $171,263
2019 $9,013 $738,920 $571,015 $167,905
2018 $8,926 $724,432 $559,819 $164,613
2016 $8,527 $696,304 $538,082 $158,222
2015 $8,346 $681,000 $530,000 $151,000
2014 $3,795 $291,397 $160,481 $130,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14048836

California Regional Multiple Listing Service (CRMLS)

APN: 5435-014-020