NOT LISTED FOR SALE

Estimated Value: $1,596,000 - $2,142,398

4 Beds
2 Baths
1,921 Sq Ft
$942/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,535,000 $799 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,237/month

10 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • 4 Car Detached Garage
  • Franklin Avenue Elementary Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of May 2023

P O S S I B I L I T I E S - Step right into the 1930s with this charming duplex, packed with original details and character. Situated on a nearly 10,000 sq' lot, this property is a hidden gem that you won't want to miss. The lower unit, now vacant and freshly painted, boasts peg and groove floors that lend a touch of warmth and character to the space. The sunny living room and dining room both offer breathtaking views of the tranquil San Gabriel mountains. The galley kitchen, two cozy bedrooms, and one bathroom make up the rest of the lower unit's layout, providing the perfect balance of functionality and charm. The upper unit, which is tenant-occupied, offers the same great features and breathtaking views. Each unit comes with a two-car garage, making parking and storage a breeze. Located conveniently on the border of Los Feliz and Silver Lake, this property offers easy access to everything you need, including shopping, entertainment, and transportation. And the huge lot, with views of Griffith Park, the Observatory and the San Gabriels offers all kinds of creative opportunities. Tenant occupied unit to be shown with accepted offer.

Last Agent to Sell the Property

Brad Lawrence

Sotheby's International Realty License #01263598 Listed on: 04/27/2023

Sotheby's International Realty

Last Buyer's Agent

Deirdre Salomone

Real Broker License #01325829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,161

Year Built

  • Built in 1936

Lot Details

  • 9,862

Parking

  • 4 Car Detached Garage

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • 1,921 Sq Ft Home
  • Duplex
  • Traditional Architecture

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 9,862 Sq Ft Lot
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5433-023-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,161

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1921
  • Lot Acreage: 0.2264
  • Year Built: 1936
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile, Vinyl Sheet, Carpet
  • Bedrooms: 4
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Dishwasher, Refrigerator, Range/Oven, Microwave, Dryer, Washer, Stackable W/D Hookup
  • Price Per S Q F T: 754.82

Exterior Features

  • Other Structures: None
  • View: Mountains, Landmark, City Lights, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Detached
  • Total Parking: 4

Utilities

  • Heating: Gravity

Lot Info

  • Assessed Improvement Percent: 43.99
  • Assessed Improvement Value: 145809
  • Assessed Land Percent: 56.01
  • Assessed Land Value: 185640
  • Total Assessed Value: 331449
  • Assessor Parcel Number: 5433-023-025
  • Lot Size Area: 9862

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Solomon David
Bought by
Ododo Re Llc
Current Estimated Value
$1,809,350

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 24, 2023
Sold by
Dunn Family Trust
Bought by
Solomon David
Seller's Agent
Brad Lawrence
Sotheby's International Realty
Buyer's Agent
Deirdre Salomone
Real Broker
List Price
$1,450,000
Sold Price
$1,535,000
Premium/Discount to List
$85,000
5.86%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Source: Public Records

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
Ododo Re Llc -- None Listed On Document
Solomon David $1,535,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,535,000 +5.9% $799 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,450,000 -- $755 / 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 $19,161 $1,597,014 $1,180,854 $416,160
2024 $19,161 $1,565,700 $1,157,700 $408,000
2023 $4,432 $338,077 $189,352 $148,725
2022 $4,234 $331,449 $185,640 $145,809
2021 $4,175 $324,950 $182,000 $142,950
2019 $4,055 $315,313 $176,602 $138,711
2018 $3,935 $309,132 $173,140 $135,992
2016 $3,746 $297,130 $166,418 $130,712
2015 $3,694 $292,668 $163,919 $128,749
2014 $3,720 $286,936 $160,709 $126,227
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-262799

The MLS

APN: 5433-023-025