NOT LISTED FOR SALE

4100 Whitsett Ave Los Angeles, CA 91604

Studio City Area
25 Beds
25 Baths
14,577 Sq Ft
6,099 Sq Ft Lot

Sale Details

Date Sold: November 17, 2020

Last sale price $6,300,000 $432 Per Sq Ft

15 Days on Market

Highlights

  • Central Heating and Cooling System
  • North Hollywood Senior High School Rated A
  • Garage

About This Home

As of November 2020

Built in 1986, the property is not subject to Los Angeles rent control, instead allowing for higher annual rent increases. The current owner launched a successful value-add program that generated an average of $623 in additional monthly rent for each unit that was renovated, establishing higher levels of proven rents and creating a path for the next owner to increase cash flow and asset value. In addition to its superb location within desirable Studio City, another local highlight that directly benefits the property is the upcoming development of River Park directly across the street. Recently purchased by Harvard-Westlake School, the 16-acre site is projected to soon house several brand new athletic facilities, ponds, a jogging trail, and acres of green space. The entire area, including tennis courts, swimming pools, and parks, will be available for use by both Harvard-Westlake students as well as the general public.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 11/02/2020

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 11/02/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,099

Parking

  • Garage

Home Design

  • 14,577 Sq Ft Home

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 25 Bathrooms

Additional Features

  • 6,099 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 2367-009-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,099 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14577
  • Lot Acreage: 0.1400
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 25
  • Total Bathrooms: 25.00
  • Price Per S Q F T: 466.49

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 71.58
  • Assessed Improvement Value: 1350803
  • Assessed Land Percent: 28.42
  • Assessed Land Value: 536259
  • Total Assessed Value: 1887062
  • Assessor Parcel Number: 2367-009-036
  • Lot Size Area: 6099

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.40
  • Number Of Units: 15
  • Type Of Units: Residential

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
Nov 2, 2020
Closed on
Oct 21, 2020
Sold by
Bought by
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Rick Raymundo
Marcus & Millichap
List Price
$6,800,000
Sold Price
$6,300,000
Premium/Discount to List
-$500,000
-7.35%

Purchase Details

Listed on
Aug 17, 2019
Closed on
Jul 31, 2019
Sold by
Bought by
Seller's Agent
Rick Raymundo
Marcus & Millichap
Buyer's Agent
Rick Raymundo
Marcus & Millichap
List Price
$5,395,000
Sold Price
$5,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$50,000,000
Interest Rate
0.037%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2012
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
$1,425,000
Interest Rate
0.0334%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 1998
Sold by
Bought by
Source: Public Records
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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
$6,300,000 Chicago Title Company
-- North American Title
$5,395,000 North American Title
-- Chicago Title Company
-- None Available
$1,525,000 Old Republic Title
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 $50,000,000
Previous Owner $1,425,000
Previous Owner $1,040,000
Previous Owner $1,764,000
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
11/17/2020 11/17/20 Sold $6,300,000 -7.4% $432 / Sq Ft
11/02/2020 11/02/20 For Sale $6,800,000 +26.0% $466 / Sq Ft
08/20/2019 08/20/19 Sold $5,395,000 0.0% $370 / Sq Ft View Prior Sale
08/17/2019 08/17/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $5,395,000 -- $370 / 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 $59,884 $4,870,944 $2,706,080 $2,164,864
2024 $59,111 $4,775,436 $2,653,020 $2,122,416
2023 $57,974 $4,681,800 $2,601,000 $2,080,800
2022 $55,295 $4,590,000 $2,550,000 $2,040,000
2021 $54,573 $4,500,000 $2,500,000 $2,000,000
2019 $24,717 $1,971,548 $557,923 $1,413,625
2018 $24,624 $1,933,053 $546,984 $1,386,069
2016 $23,386 $1,850,062 $525,745 $1,324,317
2015 $23,058 $1,822,273 $517,848 $1,304,425
2014 $23,218 $1,786,579 $507,705 $1,278,874
Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2020

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    67 Total Sales

    Rick Raymundo
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Map

Source: The MLS

MLS Number: 20-643756

The MLS
California Los Angeles County Los Angeles 91604

4100 Whitsett Ave, Los Angeles, CA

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The MLS © 2026 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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