NOT LISTED FOR SALE

Estimated Value: $1,955,000 - $2,669,000

6 Beds
4 Baths
3,206 Sq Ft
$700/Sq Ft Est. Value

Last Sold May 23, 2012

Last sale price $860,000 $268 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $13,303/month

31 Days on Market

Highlights

  • Two Primary Bedrooms
  • Dual Staircase
  • Balcony
  • Ivanhoe Elementary Rated A-
  • Spanish Architecture
  • 4 Car Attached Garage

About This Home

As of May 2012

Located on a Los Feliz cul-de-sac street. Two exceptional character Spanish homes on a gentle sloping land site. Both homes exude all the right ingredients. Each contains 3 bedrooms with hardwood floors and wood burning fireplaces. Both homes have multiple baths and creative floor plans. Each home is enriched by light and serenity. The property is gated and beautifully landscaped. Double car garages with an additional guest parking space. A wonderful owner-user property or a prudent investment.

Last Agent to Sell the Property

allen levoff

Sotheby's International Realty License #00593762 Listed on: 03/04/2012

Last Buyer's Agent

Lane Aronson

Berkshire Hathaway HomeServices California Properties License #00681193

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,141

Year Built

  • Built in 1931

Lot Details

  • 4,312 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • Double Master Bedroom
  • 3,206 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5434-014-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,141

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3206
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Appliances: Built-In And Free Standing
  • Bedroom Features: 2 Master Bedrooms
  • Laundry Equipment: Own
  • Equipment: Built-Ins, Cable
  • Price Per S Q F T: 292.89

Exterior Features

  • Other Features: Balcony, Barbecue Private, Two On A Lot
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Tile

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Cooling: Wall/Window
  • Heating: Gravity
  • Sewer: In Street
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 2000.00

Lot Info

  • Assessed Improvement Value: 187693
  • Assessed Land Value: 872223
  • Assessor Parcel Number: 5434-014-005
  • Lot Location: Alley Access
  • Lot Size Area: 4312

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 2
  • Total Annual Expense: 3700
  • Type Of Units: low
  • Vacancy Rate: 100%

Tax Info

  • Tax Expense: 13251.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2018
Sold by
Ottaviano Richard A and Ottaviano Valerie A
Bought by
Ottaviano Richard A and Ottaviano Valerie A
Current Estimated Value
$2,244,872

Purchase Details

Listed on
Mar 4, 2012
Closed on
Apr 4, 2012
Sold by
Taylor David
Bought by
Ottaviano Richard A and Ottaviano Valerie A
Seller's Agent
allen levoff
Sotheby's International Realty
Buyer's Agent
Lane Aronson
Berkshire Hathaway HomeServices California Properties
List Price
$939,000
Sold Price
$860,000
Premium/Discount to List
-$79,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$688,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Cooper Marguerite and The Cooper Family Trust
Bought by
Taylor David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1999
Sold by
Cooper Marguerite
Bought by
Cooper Marguerite and Cooper Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 1997
Sold by
Martin Knute
Bought by
Cooper Marguerite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
7.96%
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
Ottaviano Richard A -- None Available
Ottaviano Richard A $860,000 Lawyers Title
Taylor David $960,000 Equity Title
Cooper Marguerite -- Equity Title
Cooper Marguerite $372,500 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ottaviano Richard A $688,000
Previous Owner Taylor David $550,000
Previous Owner Taylor David $500,000
Previous Owner Cooper Marguerite $100,000
Previous Owner Cooper Marguerite $172,000
Previous Owner Cooper Marguerite $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2012 05/23/12 Sold $860,000 -8.4% $268 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $939,000 -- $293 / 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 $13,141 $1,080,197 $703,386 $376,811
2024 $13,141 $1,059,018 $689,595 $369,423
2023 $12,889 $1,038,254 $676,074 $362,180
2022 $12,292 $1,017,897 $662,818 $355,079
2021 $12,132 $997,939 $649,822 $348,117
2019 $11,771 $968,342 $630,549 $337,793
2018 $11,695 $949,356 $618,186 $331,170
2016 $11,164 $912,493 $594,182 $318,311
2015 $11,002 $898,787 $585,257 $313,530
2014 $11,042 $881,182 $573,793 $307,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-585809

The MLS

APN: 5434-014-005