NOT LISTED FOR SALE

Estimated Value: $1,689,000 - $2,173,043

4 Beds
4 Baths
2,187 Sq Ft
$882/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,550,000 $709 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,865/month

19 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Laundry Room
  • Ivanhoe Elementary Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2021

STUNNING DETACHED DUPLEX LOCATED IN THE HEART OF LOS FELIZ. FRONT UNIT IS A 2 BED, 1.5 BATH UPGRADED VINTAGE BUNGALOW, APPROXIMATELY 1047SF. MAIN BATHROOM WAS JUST RECENTLY REMODELED WITHIN THE PAST YEAR. THE FRONT UNIT HAS AN ENCLOSED PATIO AND A LOWER LEVEL FINISHED ROOM, CAN BE USED AS A MEDIA ROOM/OFFICE/ART STUDIO. THE REAR UNIT IS A 2005 BUILT MODERN HOME WITH AN UPSTAIRS LOFT, APPROXIMATELY 1,140SF. THE REAR UNIT HAS AN OVERSIZED 4 CAR TANDEM GARAGE THAT CAN BE USED AS A POSSIBLE ADU/OFFICE/RECORDING STUDIO. THIS PROPERTY HAS AN AMAZING VIEW AND CHARM! PERFECT FOR A PRIMARY RESIDENCE OR RENTAL! BOTH UNITS ARE IN IMMACULATE CONDITION!!! THE FRONT UNIT CURRENTLY HAS AN A+ TENANT OF 3 YEARS ON A MONTH TO MONTH LEASE AT $3,000 (WATER/SEWER INCLUDED); CAN BE DELIVERED VACANT OR EXTEND THE EXISTING TENANTS LEASE. REAR UNIT WILL BE DELIVERED VACANT UPON CLOSE.

Last Agent to Sell the Property

Brett Varon

eXp Realty of California Inc License #01882418 Listed on: 07/21/2021

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,717

Year Built

  • Built in 1941

Lot Details

  • 8,449 Sq Ft Lot
  • No Common Walls
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre

Parking

  • 9 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Tandem Garage
  • Two Garage Doors

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,187 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Art Studio
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Legal Lot and Block 10 / 25
  • Tax Tract Number 195
  • Assessor Parcel Number 5433024008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,400
  • Fuel Expense $720
  • Insurance Expense $3,000
  • Trash Expense $600
  • Water Sewer Expense $720
  • Operating Expense $10,440
  • Gross Income $36,000
  • Net Operating Income $95,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,717

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: APPLIANCES
  • Other Phone Description: 3107203402
  • Other Phone Number: 3107203402
  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5433024008
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone, Tile, Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 708.73
  • Room Type: Art Studio

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Tandem Garage
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Gentle Sloping
  • Lot Size Sq Ft: 8449.00
  • Lot Size Acres: 0.1940

Rental Info

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

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 720.00
  • Gross Income: 36000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 8449.0000 Square Feet
  • Net Operating Income: 95280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 720.00
  • Rent Control: Yes
  • Total Expenses: 10440.00

Tax Info

  • Tax Block: 25
  • Tax Census Tract: 1952.01
  • Tax Lot: 10
  • Tax Tract Number: 195...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 30, 2021
Sold by
Glj Property Investment Llc
Bought by
Han Samuel and Hyon Candice
Seller's Agent
Brett Varon
eXp Realty of California Inc
List Price
$1,725,000
Sold Price
$1,550,000
Premium/Discount to List
-$175,000
-10.14%
Current Estimated Value
$1,928,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,011
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,000,000
Outstanding Balance
$908,567
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,019,444

Purchase Details

Closed on
Oct 22, 2020
Sold by
Joseph Bruce J and Joseph Lynne L
Bought by
Glj Property Investment Llc

Purchase Details

Closed on
Jun 26, 2020
Sold by
Glj Property Investment Llc
Bought by
Joseph Bruce J and Joseph Lynne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2014
Sold by
Joseph Lynne L
Bought by
Glj Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,625
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2014
Sold by
Joseph Bruce and Joseph Lynne L
Bought by
Joseph Lynne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,625
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2014
Sold by
Glj Property Investments Llc
Bought by
Joseph Lynne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,625
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Joseph Bruce J
Bought by
Glj Property Investments Llc

Purchase Details

Closed on
Sep 13, 2010
Sold by
Joseph Lynne L
Bought by
Joseph Bruce J

Purchase Details

Closed on
Jul 21, 2010
Sold by
Joseph Bruce J
Bought by
Joseph Lynne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Eisenberg Arlene
Bought by
Joseph Lynne L and Joseph Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1996
Sold by
Curtis Arneta
Bought by
Eisenberg Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.2%
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
Han Samuel $1,550,000 Wfg Title Insurance
Glj Property Investment Llc -- None Listed On Document
Joseph Bruce J -- Corinthian Title Company
Glj Property Investments Llc -- None Available
Joseph Lynne L -- None Available
Joseph Lynne L -- None Available
Glj Property Investments Llc -- None Available
Glj Property Investments Llc -- None Available
Joseph Bruce J -- Equity Title Los Angeles
Joseph Lynne L -- Equity Title Los Angeles
Joseph Lynne L $855,000 Equity Title Los Angeles
Eisenberg Arlene $168,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Samuel $1,000,000
Previous Owner Joseph Bruce J $595,000
Previous Owner Joseph Lynne L $557,625
Previous Owner Joseph Lynne L $577,500
Previous Owner Eisenberg Arlene $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,550,000 +3.3% $709 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $1,499,900 0.0% $686 / Sq Ft
07/27/2021 07/27/21 Price Changed $1,500,000 -13.0% $686 / Sq Ft
07/21/2021 07/21/21 For Sale $1,725,000 0.0% $789 / Sq Ft
07/20/2017 07/20/17 Rented $2,950 0.0% --
07/14/2017 07/14/17 For Rent $2,950 -- --
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 $19,717 $1,644,872 $1,061,208 $583,664
2024 $19,717 $1,612,620 $1,040,400 $572,220
2023 $19,333 $1,581,000 $1,020,000 $561,000
2022 $18,429 $1,550,000 $1,000,000 $550,000
2021 $11,778 $1,240,000 $940,000 $300,000
2020 $11,897 $962,709 $673,335 $289,374
2019 $11,427 $943,833 $660,133 $283,700
2018 $11,308 $925,328 $647,190 $278,138
2016 $10,804 $889,398 $622,059 $267,339
2015 $10,646 $876,040 $612,716 $263,324
2014 $10,688 $858,880 $600,714 $258,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21159585

California Regional Multiple Listing Service (CRMLS)

APN: 5433-024-008