NOT LISTED FOR SALE

Estimated Value: $1,529,000 - $1,912,967

6 Beds
5 Baths
3,223 Sq Ft
$545/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $1,345,000 $417 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,699/month

118 Days on Market

Highlights

  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Marble Countertops
  • Two Primary Bathrooms
  • Wood Flooring
  • 4-minute walk to Hermon Park/Arroyo Seco Park

About This Home

As of November 2019

Spectacular TRIPLEX - TURNKEY INVESTMENT PROPERTY OR OWNER home PLUS Income units!! Gorgeous remodeled with permits - VIEWS in desirable Hermon District of thriving Highland Park which is being rapidly gentrified. Short commutes to DTLA, Pasadena, Hollywood; near 110,2, 5 fwys & Metro. Gorgeous house 2455 sq ft - plus 2 studios over garage. Main house 4bd 3ba + lower level. Huge Master Suite has en suite large bathrm & alcove w/ french doors, walk in closet. Fabulous Master bdrm OR a separate 1 bd guest unit. Open concept with upscale appliances & finishes such as Carrera marble, custom cabinetry, hardwood floors, vaulted ceiling; fireplace. Copper plumbing new foundation 2017. Multi-level landscaped yard with sprinklers & large patio area. Walk in closets, central a/c, recently remodeled. Studios are modern with original vintage touches. Tankless water heaters.3 car garage +workroom area. Minimal upkeep. Buyer to do own investigations.

Last Agent to Sell the Property

Cheryl Acrey

Equity Union License #01906423 Listed on: 06/04/2019

Equity Union

Last Buyer's Agent

Erica Pollack

Real Broker License #01993967

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,805

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,640 Sq Ft Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Triplex
  • Split Level Home

Interior Spaces

  • 3,223 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 5 Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5301-010-021

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,805

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Spectacular TRIPLEX - TURNKEY INVESTMENT PROPERTY OR OWNER home PLUS Income units!! Gorgeous remodeled with permits - VIEWS in desirable Hermon District of thriving Highland Park which is being rapidly gentrified. Short commutes to DTLA, Pasadena, Hollywood; near 110,2, 5 fwys & Metro. Gorgeous house 2455 sq ft - plus 2 studios over garage. Main house 4bd 3ba + lower level. Huge Master Suite has en suite large bathrm & alcove w/ french doors, walk in closet. Fabulous Master bdrm OR a separate 1 bd guest unit. Open concept with upscale appliances & finishes such as Carrera marble, custom cabinetry, hardwood floors, vaulted ceiling; fireplace. Copper plumbing new foundation 2017. Multi-level landscaped yard with sprinklers & large patio area. Walk in closets, central a/c, recently remodeled. Studios are modern with original vintage touches. Tankless water heaters.3 car garage +workroom area. Minimal upkeep. Buyer to do own investigations.
  • Alley: No
  • Living Area: 3223
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 1
  • Number Disposal: 3
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Terrazzo
  • Bedrooms: 6
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Remodeled, Shower Over Tub
  • Kitchen Features: Marble Counters, Remodeled
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 434.38

Exterior Features

  • Other Features: Balcony, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Covered Porch, Porch - Front, Tile
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 2
  • Garage Structures: 1
  • Number Rented Garages: 1
  • Parking Garage: Driveway - Concrete, Garage - 3 Car
  • Total Parking: 2

Utilities

  • Water District: LA DWP
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Value: 112875
  • Assessed Land Value: 217086
  • Assessor Parcel Number: 5301-010-021
  • Geocode Override: No
  • Lot Size Area: 5640

Rental Info

  • Number Leased: 1
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 0
  • Type Of Units: TRIPLEX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Oct 31, 2019
Sold by
Acrey Cheryl and Th John R Brodrib Credit Shelt
Bought by
Ohana Real Estate Adventures Llc
Seller's Agent
Cheryl Acrey
Equity Union
Buyer's Agent
Erica Pollack
Real Broker
List Price
$1,399,999
Sold Price
$1,345,000
Premium/Discount to List
-$54,999
-3.93%
Current Estimated Value
$1,756,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,992
Avg. Annual Appreciation
4.59%
Original Mortgage
$650,000
Outstanding Balance
$566,229
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,190,763

Purchase Details

Listed on
Nov 27, 2017
Closed on
Dec 28, 2017
Sold by
Authentic Modern Llc
Bought by
Acrey Cheryl and The John R Brodrib Credit Shel
Seller's Agent
Gabriel Jones
Keller Williams Realty Calabasas
Buyer's Agent
Cheryl Acrey
Equity Union
List Price
$1,285,000
Sold Price
$1,370,000
Premium/Discount to List
$85,000
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.97%
Original Mortgage
$452,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 25, 2016
Closed on
Feb 24, 2017
Sold by
Watson James Leon
Bought by
Authentic Mordern Llc
Seller's Agent
It's Me
BLAKE COMMERCIAL REALTY, INC.
Buyer's Agent
It's Me
BLAKE COMMERCIAL REALTY, INC.
List Price
$599,999
Sold Price
$630,000
Premium/Discount to List
$30,001
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.97%
Original Mortgage
$525,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1994
Sold by
Bakke Orville R and Bakke Stephany R
Bought by
Watson James Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,600
Interest Rate
9.5%
Source: Public Records

Range of Values:

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Average Value
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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
Ohana Real Estate Adventures Llc $1,345,000 Lawyers Title Company
Acrey Cheryl $1,370,000 Lawyers Title Company
Authentic Modern Llc -- Lawyers Title
Authentic Mordern Llc $630,000 Lawyers Title
Watson James Leon $228,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohana Real Estate Adventures Llc $650,000
Previous Owner Acrey Cheryl $452,000
Previous Owner Authentic Mordern Llc $525,000
Previous Owner Watson James Leon $216,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2019 11/14/19 Sold $1,345,000 -3.9% $417 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $1,399,999 +4.1% $434 / Sq Ft
09/19/2019 09/19/19 Off Market $1,345,000 -- --
08/31/2019 08/31/19 For Sale $1,399,999 +4.1% $434 / Sq Ft
08/21/2019 08/21/19 Off Market $1,345,000 -- --
08/06/2019 08/06/19 Price Changed $1,399,999 -1.8% $434 / Sq Ft
07/25/2019 07/25/19 Price Changed $1,425,000 +1.9% $442 / Sq Ft
07/24/2019 07/24/19 Price Changed $1,399,000 -5.2% $434 / Sq Ft
07/11/2019 07/11/19 Price Changed $1,475,000 -1.7% $458 / Sq Ft
06/04/2019 06/04/19 For Sale $1,500,000 +9.5% $465 / Sq Ft
12/29/2017 12/29/17 Sold $1,370,000 +6.6% $425 / Sq Ft View Prior Sale
12/07/2017 12/07/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $1,285,000 +104.0% $399 / Sq Ft
03/01/2017 03/01/17 Sold $630,000 +5.0% $195 / Sq Ft View Prior Sale
02/27/2016 02/27/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $599,999 -- $186 / 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 $17,805 $1,470,951 $1,093,645 $377,306
2024 $17,805 $1,442,109 $1,072,201 $369,908
2023 $17,462 $1,413,833 $1,051,178 $362,655
2022 $16,652 $1,386,112 $1,030,567 $355,545
2021 $16,443 $1,358,934 $1,010,360 $348,574
2020 $16,609 $1,345,320 $1,000,000 $345,320
2019 $16,877 $1,397,720 $989,400 $408,320
2018 $16,776 $1,370,320 $970,000 $400,320
2016 $4,110 $323,492 $212,830 $110,662
2015 $4,053 $318,634 $209,634 $109,000
2014 $4,082 $312,393 $205,528 $106,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-472934

The MLS

APN: 5301-010-021