NOT LISTED FOR SALE

Estimated Value: $1,199,000 - $1,420,051

8 Beds
4 Baths
4,910 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2016

Last sale price $800,000 $163 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,054 / mo

16 Days on Market

Highlights

  • Built-In Features
  • 4 Car Garage
  • Heating Available
  • Attic Fan

About This Home

As of October 2016

Beautiful 4 unit income property. Up and coming adjacent to USC and LA Colosseum. This is an opportunity property. 2 units remodeled and with current market rents and new tenants. Tremendous upside potential, up and coming area, buy and hold or relocate & renovate to set rents to current market. Cash flow in a well cared for property. Many upgrades interior and exterior. A solid performer in a great location. Inside with accepted offer only. Drive-by only.

Last Agent to Sell the Property

Jesse Morton

Sotheby's International Realty License #01764470 Listed on: 07/21/2016

Sotheby's International Realty

Co-Listed By

Harry Whelan

Carolwood Estates License #01961478

Last Buyer's Agent

Marquis Horace

Agee Realty License #01958560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 7,403

Interior Spaces

  • 4,910 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Attic Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Garage
  • Driveway
  • Assigned Parking

Additional Features

  • 7,403 Sq Ft Lot
  • Heating Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-017-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

7,403 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4910
  • Stories: 2
  • Year Built: 1932
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 162.73

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned, Driveway, Garage
  • Total Parking: 4

Utilities

  • Cooling: Attic Fan
  • Heating: Electric

Lot Info

  • Assessed Improvement Value: 122397
  • Assessed Land Value: 367192
  • Assessor Parcel Number: 5036-017-002
  • Geocode Override: No
  • Lot Size Area: 7403

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.80
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 4

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

Listed on
Jul 21, 2016
Closed on
Aug 15, 2016
Sold by
Bought by
Seller's Agent
Jesse Morton
Sotheby's International Realty
Buyer's Agent
Marquis Horace
Agee Realty
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,309,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,763
Avg. Annual Appreciation
5.18%
Original Mortgage
$773,300
Interest Rate
0.0325%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2014
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
$588,750
Interest Rate
0.038%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 31, 2013
Sold by
Bought by
Seller's Agent
Scot Hermesch
Century 21 Hollywood
Buyer's Agent
Scot Hermesch
Century 21 Hollywood
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$288,600
Interest Rate
0.0428%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2003
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
$800,000 Chicago Title
$785,000 Nations Title Company
-- Nations Title Company
-- Lawyers Title
$480,000 Lawyers Title
-- None Available
-- --
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
Open $876,000
Closed $155,000
Previous Owner $773,300
Previous Owner $588,750
Previous Owner $288,600
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 Prior Sale
10/07/2016 10/07/16 Sold $800,000 +0.1% $163 / Sq Ft
07/21/2016 07/21/16 For Sale $799,000 +1.8% $163 / Sq Ft
02/27/2015 02/27/15 Sold $785,000 -3.6% $160 / Sq Ft View Prior Sale
10/03/2014 10/03/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $814,000 +69.6% $166 / Sq Ft
08/16/2013 08/16/13 Sold $480,000 +6.7% $98 / Sq Ft View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $450,000 -- $92 / 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 $11,754 $928,465 $580,292 $348,173
2024 $11,557 $910,261 $568,914 $341,347
2023 $11,344 $892,413 $557,759 $334,654
2022 $10,835 $874,916 $546,823 $328,093
2021 $10,678 $857,761 $536,101 $321,660
2019 $10,366 $832,320 $520,200 $312,120
2018 $10,203 $816,000 $510,000 $306,000
2016 $9,952 $796,970 $558,387 $238,583
2015 $6,289 $489,589 $367,192 $122,397
2014 $6,336 $480,000 $360,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-145206

The MLS

APN: 5036-017-002

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