NOT LISTED FOR SALE

Estimated Value: $1,164,000 - $1,343,187

4 Beds
2 Baths
1,583 Sq Ft
$786/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $1,120,000 $708 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,557/month

18 Days on Market

Highlights

  • View of Hills
  • Air Conditioning
  • Central Heating
  • Franklin Avenue Elementary Rated A-

About This Home

As of August 2023

Charming and stylish duplex in the coveted Franklin Hills of Los Feliz. DOWNSTAIRS UNIT DELIVERED VACANT. With incredible views and great rental income already in place, this two-unit property is a smart investment in one of LA's most popular neighborhoods. The top upstairs unit has been thoughtfully remodeled and features two bedrooms and a bathroom. The light-filled living room captures the amazing views and features great flow out to a large deck overlooking the city. Downstairs is a second 2BR/1BA unit with a bonus room/office and its own private deck area as well. A spacious fenced-in yard with fruit trees completes this lovely property. The upstairs unit is tenant occupied and generates $3,495/month in rent. Close to many of the most popular Los Feliz and Silver Lake hot spots, Sunset Junction, Griffith Park, and much more. Franklin Elementary school district. AGENTS SEE PRIVATE REMARKS.

Last Agent to Sell the Property

Mary Regal

Compass License #01963054 Listed on: 07/21/2023

Compass

Co-Listed By

Rob Kallick

Compass License #01871966

Last Buyer's Agent

Alexandra Halenda

Compass California, Inc. License #02107732

Compass California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,262 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,583 Sq Ft Home
  • 2-Story Property
  • Views of Hills
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5430-025-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1583
  • Lot Acreage: 0.0749
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 758.05

Exterior Features

  • Other Structures: None
  • View: Hills
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 280500
  • Assessed Land Percent: 75
  • Assessed Land Value: 841500
  • Total Assessed Value: 1122000
  • Assessor Parcel Number: 5430-025-025
  • Lot Size Area: 3262

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 22, 2023
Sold by
Esque Investments Llc
Bought by
Valvo Leonora and Derecktor Thomas E
Seller's Agent
Mary Regal
Compass
Buyer's Agent
Alexandra Halenda
Compass California, Inc.
List Price
$1,200,000
Sold Price
$1,120,000
Premium/Discount to List
-$80,000
-6.67%
Views
212
Current Estimated Value
$1,229,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,349
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Apr 27, 2020
Sold by
Kroha Scott A
Bought by
Esque Investments Llc

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 18, 2019
Sold by
Pepin Genevieve
Bought by
Coleen C Krona 1998 Gst Exempt Irrevocab
Seller's Agent
Rob Kallick
Compass
Buyer's Agent
Rob Kallick
Compass
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Mar 20, 2019
Sold by
Harwitt Maxwell S
Bought by
Pepin Genevieve
Seller's Agent
Rob Kallick
Compass
Buyer's Agent
Rob Kallick
Compass
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Purchase Details

Closed on
Jun 15, 2013
Sold by
Pepin Carly
Bought by
Pepin Genevieve

Purchase Details

Closed on
Jul 10, 2006
Sold by
Stallman Thomas J
Bought by
Pepin Carly and Pepin Genevieve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,590
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 1995
Sold by
Burrage Ralph
Bought by
Stallman Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valvo Leonora $1,120,000 Equity Title Company
Esque Investments Llc -- Accommodation/Courtesy Recordi
Coleen C Krona 1998 Gst Exempt Irrevocab $985,000 Equity Title
Pepin Genevieve -- Equity Title Company
Pepin Genevieve -- None Available
Pepin Carly $663,500 North American Title
Stallman Thomas J $106,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pepin Carly $530,590
Previous Owner Stallman Thomas J $133,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $1,120,000 -6.7% $708 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $1,200,000 +21.8% $758 / Sq Ft
04/25/2019 04/25/19 Sold $985,000 -1.0% $622 / Sq Ft View Prior Sale
04/16/2019 04/16/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $995,000 -- $629 / 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 $13,624 $1,142,400 $734,400 $408,000
2024 $13,624 $1,120,000 $720,000 $400,000
2023 $13,913 $1,144,440 $858,330 $286,110
2022 $13,258 $1,122,000 $841,500 $280,500
2021 $12,101 $1,015,108 $808,995 $206,113
2020 $12,226 $1,004,700 $800,700 $204,000
2019 $9,278 $782,756 $607,952 $174,804
2018 $9,242 $767,409 $596,032 $171,377
2016 $8,831 $737,612 $572,889 $164,723
2015 $8,700 $726,533 $564,284 $162,249
2014 $8,733 $712,302 $553,231 $159,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-292873

The MLS

APN: 5430-025-025