NOT LISTED FOR SALE

Estimated Value: $1,488,000 - $2,005,503

3 Beds
3 Baths
2,547 Sq Ft
$679/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2014

Last sale price $980,000 $385 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,831 / mo

33 Days on Market

Highlights

  • Ceiling Fan
  • Franklin Avenue Elementary Rated A-
  • 2 Car Garage

About This Home

As of October 2014

Impressive triplex in idyllic Franklin Hills with panoramic views of the city. Each unit features a balcony with expansive views, great for al fresco dining, to watch the sunset, or to take in the beautiful city lights. There are private patios with serene water fountains to welcome you home. Each unit features open floor plans, updated kitchens, high quality wood floors, and high vaulted ceilings. Two units are vacant and the third unit is currently tenant occupied. This charming complex is a fantastic investment opportunity; live in one unit and rent out the others, or combine the units to create an impressive single-family residence. Wonderful location close to Silver Lake, Griffith Park, Hollywood, Downtown LA and more!

Last Agent to Sell the Property

Robert Cipolloni

Dwelling License #01458843 Listed on: 08/15/2014

Co-Listed By

Camelia I Escobar

Engel & Völkers License #01860180

Last Buyer's Agent

Richard Klug

Sotheby's International Realty License #00745969

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 3,256 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,547 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5430-016-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

3,256 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2547
  • Stories: 2
  • Year Built: 1973
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 363.17

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Combination

Lot Info

  • Assessed Improvement Value: 257227
  • Assessed Land Value: 507734
  • Assessor Parcel Number: 5430-016-013
  • Geocode Override: No
  • Lot Size Area: 3256

Rental Info

  • Land Lease Expiration Year: 2015

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Rent Control: Yes
  • Type Of Units: Duplex

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Bought by
Current Estimated Value
$1,729,876

Purchase Details

Closed on
Mar 17, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 18, 2014
Sold by
Bought by
Seller's Agent
Robert Cipolloni
Dwelling
Buyer's Agent
Richard Klug
Sotheby's International Realty
List Price
$925,000
Sold Price
$980,000
Premium/Discount to List
$55,000
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,760
Interest Rate
5.79%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- Ticor Title
-- Lawyers Title Company
$1,000,000 Title 365
-- Accommodation
-- None Available
$56,000 --
$535,000 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $975,000
Previous Owner $980,000
Previous Owner $421,760
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $980,000 +5.9% $385 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $925,000 -- $363 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,509 $1,531,100 $1,148,326 $382,774
2024 $18,301 $1,501,079 $1,125,810 $375,269
2023 $17,944 $1,471,647 $1,103,736 $367,911
2022 $17,102 $1,442,793 $1,082,095 $360,698
2021 $16,890 $1,414,504 $1,060,878 $353,626
2020 $13,451 $1,098,935 $769,255 $329,680
2019 $12,914 $1,077,388 $754,172 $323,216
2018 $12,848 $1,056,264 $739,385 $316,879
2016 $12,273 $1,015,250 $710,675 $304,575
2015 $12,093 $1,000,000 $700,000 $300,000
2014 -- $879,073 $626,935 $252,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-785873

The MLS

APN: 5430-016-013

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