SOLD DEC 30, 2024
RENTED APR 7, 2025
406 N Benton Way Los Angeles, CA 90026
Westlake Neighborhood
3
Beds
4
Baths
1,698
Sq Ft
4,501
Sq Ft Lot
Highlights
- Gated Parking
- 1 Car Garage
- Side by Side Parking
- City Lights View
- Built-In Features
- Bungalow
About This Home
As of December 2024FULLY VACANT TRIPLEX at the crossroads of Silver Lake and Historic Filipino Town. A truly unique opportunity that will provide cashflow from day one, or a fantastic owner/user residence to sit back and enjoy while you build equity. Every unit of this 1920's craftsman is ready for full market-rate rental income. Three one bedroom units feature new or newer appliances, expansive cabinet space, and updated baths with subway tile and quartz counters. Petite porches, separate entrances, and the ability for each unit to have its own designated outdoor space adds to the feeling of privacy. A large gated front yard could easily be divided for the individual use of both front units, while a large back patio with a centerpiece lemon tree has enough room for entertaining, lounging and developing your green thumb. Two of the units have direct access to the back patio, while one features a skyline view of downtown. Recently reconverted from a duplex back to a triplex, everything has been permitted and signed off on by the City, making this a worry-free investment property for the ages. A gated rear parking pad has room for three cars in addition to a one car garage that could be great for storage, or as value-add for one of the units. This property is a great addition to any portfolio, or an excellent way to dip your toe into the world of income property. Estimated 6% Cap Rate or 24% Cash over Cash Return (based on 25% down payment). Any way you slice it, this property pencils out.
Last Agent to Sell the Property
Sotheby's International Realty License #02012985 Listed on: 12/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,815
Year Built
- Built in 1921
Parking
- 1 Car Garage
- 3 Open Parking Spaces
- Side by Side Parking
- Gated Parking
Home Design
- Bungalow
Interior Spaces
- 1,698 Sq Ft Home
- 1-Story Property
- Built-In Features
- Skyline Views
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- 4,501 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 3 Units
Listing and Financial Details
- Tenant pays for gas, water, trash collection, electricity
- The owner pays for gardener
- Assessor Parcel Number 5156-026-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2024
Closed on
Dec 12, 2024
Sold by
Raffaele And Victoria Vanacore Revocable and Vanacore Raffaele
Bought by
Walukas Jacqueline Rose and Domermuth Barbara
Seller's Agent
Elizabeth Daly
Sotheby's International Realty
Buyer's Agent
Sarah Arlington
Rooster Homes
List Price
$1,275,000
Sold Price
$1,285,000
Premium/Discount to List
$10,000
0.78%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,223
Avg. Annual Appreciation
-15.08%
Original Mortgage
$899,500
Outstanding Balance
$894,018
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$274,759
Purchase Details
Closed on
Aug 7, 2017
Sold by
Vanacore Victoria
Bought by
Vanacore Raffaele and Vanacore Victoria E
Purchase Details
Listed on
Aug 29, 2016
Closed on
Oct 17, 2016
Sold by
406 N Benton Wayllc
Bought by
Vanacore Victoria and Vanacore Raffaele
Seller's Agent
Jo O'key
Keller Williams Realty Los Feliz
Buyer's Agent
Mica Campbell
Sotheby's International Realty
List Price
$849,000
Sold Price
$915,000
Premium/Discount to List
$66,000
7.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$315,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2016
Sold by
Smaldino Douglas
Bought by
406 N Benton Way Llc
Purchase Details
Listed on
Jun 27, 2015
Closed on
Oct 26, 2015
Sold by
Parada Martha Isabel
Bought by
Smaldino Douglas and Smaldino Lisa
Seller's Agent
Isabel DeMayo
Max Mega Group
Buyer's Agent
Jo O'key
Keller Williams Realty Los Feliz
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$412,500
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2004
Sold by
Bernal Gilberto S and Parada Martha Isabel
Bought by
Bernal Gilberto S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2000
Sold by
Bueno Antonio G and Silarakis Blacher Chantal
Bought by
Bernal Bernal S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.89%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,285,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $915,000 | Lawyers Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $550,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $899,500 | New Conventional | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $412,500 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $305,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $195,000 | New Conventional | |
| Previous Owner | $133,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Rented | $2,575 | 0.0% | -- |
| 03/29/2025 03/29/25 | Under Contract | -- | -- | -- |
| 02/23/2025 02/23/25 | Price Changed | $2,575 | -2.8% | $5 / Sq Ft |
| 01/24/2025 01/24/25 | For Rent | $2,650 | 0.0% | -- |
| 12/30/2024 12/30/24 | Sold | $1,285,000 | 0.0% | $757 / Sq Ft |
| 12/30/2024 12/30/24 | Sold | $1,285,000 | +0.8% | $757 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 12/01/2024 12/01/24 | For Sale | $1,275,000 | 0.0% | $751 / Sq Ft |
| 12/01/2024 12/01/24 | For Sale | $1,275,000 | 0.0% | $751 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $1,275,000 | 0.0% | $751 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $1,275,000 | +39.3% | $751 / Sq Ft |
| 10/25/2016 10/25/16 | Sold | $915,000 | +7.8% | $539 / Sq Ft |
| 09/09/2016 09/09/16 | Pending | -- | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $849,000 | +54.4% | $500 / Sq Ft |
| 11/20/2015 11/20/15 | Sold | $550,000 | 0.0% | $352 / Sq Ft |
| 10/16/2015 10/16/15 | Pending | -- | -- | -- |
| 06/27/2015 06/27/15 | For Sale | $550,000 | -- | $352 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $12,815 | $1,285,000 | $900,000 | $385,000 |
| 2024 | $12,815 | $1,041,107 | $624,665 | $416,442 |
| 2023 | $12,571 | $1,020,694 | $612,417 | $408,277 |
| 2022 | $11,991 | $1,000,681 | $600,409 | $400,272 |
| 2021 | $11,841 | $981,061 | $588,637 | $392,424 |
| 2019 | $11,489 | $951,965 | $571,179 | $380,786 |
| 2018 | $11,422 | $933,300 | $559,980 | $373,320 |
| 2016 | $6,783 | $550,000 | $450,000 | $100,000 |
| 2015 | $2,237 | $175,516 | $119,102 | $56,414 |
| 2014 | $2,264 | $172,078 | $116,769 | $55,309 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Sarah Arlington
Rooster Homes
(810) 296-7282
3 in this area
39 Total Sales
-
Seller Co-Listing Agent in 2025
Brandon Arlington
Rooster Homes
(781) 385-0196
2 in this area
51 Total Sales
-
Buyer Co-Listing Agent in 2025
Tim Paulson
Rooster Homes
(323) 573-0530
3 Total Sales
-
Seller's Agent in 2024
Elizabeth Daly
Sotheby's International Realty
(213) 440-4047
2 in this area
62 Total Sales
-
Seller's Agent in 2016
Jo O'key
Keller Williams Realty Los Feliz
(323) 207-5270
14 Total Sales
-
M
Buyer's Agent in 2016
Mica Campbell
Sotheby's International Realty
Map
Source: The MLS
MLS Number: 24-453967
APN: 5156-026-010
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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