NOT LISTED FOR SALE

Estimated Value: $912,969 - $964,000

6 Beds
4 Baths
3,960 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $890,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,026/month

100 Days on Market

About This Home

As of January 2024

Welcome to a great investment property in a Very desirable area of Los Angeles . This 4 unit offers 2- 2 Bedroom with 1 bath , 2-1 Bedroom with 1 bath. Very spacious with living room and dining room with spacious kitchen , 2 units been remodel . Building have new Electrical with permits and some new plumbing This unit is centrally located and close to Down town Los Angeles, close to USC . This a great investment, Buyer could not perform with no fault of seller. 2 units can possible be vacant, Unit 1, 2

Last Agent to Sell the Property

Melissa Knight

The Hills Premier Realty License #01184594 Listed on: 10/06/2023

Last Buyer's Agent

Jeffrey Billinger

The Hills Premier Realty License #01475932

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,230

Year Built

  • Built in 1914

Lot Details

  • 7,498

Parking

  • Detached Carport Space

Home Design

  • Quadruplex

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,498 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5122-045-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,230

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3960
  • Lot Acreage: 0.1721
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 227.02

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 47.81
  • Assessed Improvement Value: 440611
  • Assessed Land Percent: 52.19
  • Assessed Land Value: 481010
  • Total Assessed Value: 921621
  • Assessor Parcel Number: 5122-045-020
  • Lot Size Area: 7498

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.00
  • Number Of Units: 4
  • Total Annual Expense: 2100
  • Type Of Units: four plex
  • Vacancy Rate: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Lavian Shahram and Nikjoo Vida
Bought by
Lavian Family Trust and Lavian
Current Estimated Value
$943,492

Purchase Details

Listed on
Oct 6, 2023
Closed on
Jan 16, 2024
Sold by
Baseri Saman
Bought by
Lavian Leora
Seller's Agent
Melissa Knight
The Hills Premier Realty
Buyer's Agent
Jeffrey Billinger
The Hills Premier Realty
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%
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
7.56%
Original Mortgage
$623,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2023
Sold by
Caroline Boyd Living Trust
Bought by
Lavian Shahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2022
Sold by
Boyd Caroline
Bought by
Caroline Boyd Living Trust

Purchase Details

Closed on
Oct 9, 2019
Sold by
Lowe Corey
Bought by
Boyd Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2018
Sold by
Boyd Caroline
Bought by
Boyd Caroline and Lowe Corey

Purchase Details

Closed on
Jan 4, 2007
Sold by
Stephens Idongesit J
Bought by
Boyd Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 31, 2005
Sold by
Reed Troy A
Bought by
Stephens Idongesit J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,050
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 2004
Sold by
Reed Troy
Bought by
Reed Troy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Valdovinos Alfonso S
Bought by
Reed Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
9.75%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Valdovinos Patricia G
Bought by
Valdovinos Alfonso S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.21%
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
Lavian Family Trust -- None Listed On Document
Lavian Leora -- None Listed On Document
Lavian Shahram $890,000 None Listed On Document
Caroline Boyd Living Trust -- --
Boyd Caroline -- First American Title Company
Boyd Caroline -- None Available
Boyd Caroline $730,000 Commonwealth Land Title Co
Stephens Idongesit J $599,000 Old Republic Title Company
Reed Troy A -- --
Reed Troy $315,000 Southland Title
Valdovinos Alfonso S -- --
Valdovinos Alfonso S $200,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavian Shahram $623,000
Previous Owner Boyd Caroline $585,000
Previous Owner Boyd Caroline $547,500
Previous Owner Stephens Idongesit J $569,050
Previous Owner Reed Troy A $336,000
Previous Owner Reed Troy $267,750
Previous Owner Valdovinos Alfonso S $14,000
Previous Owner Valdovinos Alfonso S $200,000
Closed Reed Troy $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $890,000 -1.0% $225 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/07/2024 01/07/24 For Sale $899,000 +1.0% $227 / Sq Ft
01/06/2024 01/06/24 Off Market $890,000 -- --
12/12/2023 12/12/23 For Sale $899,000 0.0% $227 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $899,000 -- $227 / 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 $12,230 $907,800 $459,000 $448,800
2024 $12,230 $958,853 $500,442 $458,411
2023 $12,002 $940,053 $490,630 $449,423
2022 $11,460 $921,621 $481,010 $440,611
2021 $10,278 $816,000 $425,800 $390,200
2019 $8,903 $700,000 $365,300 $334,700
2018 $8,912 $700,000 $365,300 $334,700
2016 $6,818 $532,000 $277,600 $254,400
2015 $5,960 $460,000 $240,000 $220,000
2014 $5,480 $408,000 $240,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-319001

The MLS

APN: 5122-045-020