NOT LISTED FOR SALE

Estimated Value: $1,534,000 - $1,886,000

4 Beds
4 Baths
3,020 Sq Ft
$555/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,400,000 $464 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,509/month

9 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Lawn
  • Forced Air Heating and Cooling System
  • John Marshall Senior High Rated A
  • Laundry Room
  • Rectangular Lot

About This Home

As of July 2021

Spacious triplex in Atwater Village. Has a ground level 3 bedroom, 3 bath unit with 2 one bedroom units on the 2nd floor. The 3 bedroom unit is perfect for owner unit: has 2 en-suite baths, central heating/AC. Kitchen has upgraded quartz countertop, newer refrigerator and stove. Upstairs 1 bedroom units have wall furnaces. The rear parking lot plus a carport has 6 spaces. The carport and a community laundry room is on the bottom level of the building. Shows pride of ownership with an updated property. In a quiet location with an easy walk to shopping and dining. Conveniently located and easily accessible to the 5 freeway, just east of Griffith Park. Built in 1980 and exempt from LA rent control. Stable long-term tenants are on monthly rental agreements.

Last Agent to Sell the Property

Michael Lee

Century 21 Masters License #01006853 Listed on: 04/16/2021

Century 21 Masters

Last Buyer's Agent

Jesse Hlubik

Berkshire Hathaway HomeServices California Properties License #01801928

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,919

Year Built

  • Built in 1980

Lot Details

  • 4,279 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Lot Sloped Down
  • Lawn
  • Front Yard

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Paved Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 17 / L
  • Tax Tract Number 5358
  • Assessor Parcel Number 5594023017

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $396
  • Gardener Expense $1,200
  • Insurance Expense $1,322
  • Maintenance Expense $3,000
  • Other Expense $2,346
  • Professional Management Expense $3,450
  • New Taxes Expense $17,750
  • Operating Expense $27,118
  • Gross Income $69,350
  • Net Operating Income $50,850

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,919

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Price Per Unit: 473
  • Professional Management Expense: 3450.00
  • Property Attached: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5594023017
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Kitchen, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 463.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Paved, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Forced Air
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Front Yard, Lawn, Rectangular Lot
  • Lot Size Sq Ft: 4279.00
  • Lot Size Acres: 0.0982

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 785 Square Feet
  • Average3 Bed Area: 1450 Square Feet
  • Fuel Expense: 396.00
  • Gross Income: 69350.00
  • Gross Operating Income: 65850.00
  • Gross Scheduled Income: 69000.00
  • Insurance Expense: 1322.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 350.00
  • Lot Size Area: 4279.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 50850.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 15000.00
  • Other Expense: 2346.00
  • Other Expense Description: :LA DWP
  • Rent Control: No
  • Total Actual Rent: 5750.00
  • Total Expenses: 27118.00
  • Vacancy Allowance: 3150

Tax Info

  • New Taxes Expense: 17750.00
  • Tax Block: L
  • Tax Census Tract: 1881.00
  • Tax Lot: 17
  • Tax Tract Number: 5358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 3, 2021
Sold by
Chan Grace
Bought by
Wang Easter M and Murakami Annette H
Seller's Agent
Michael Lee
Century 21 Masters
Buyer's Agent
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
List Price
$1,420,000
Sold Price
$1,400,000
Premium/Discount to List
-$20,000
-1.41%
Current Estimated Value
$1,646,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,812
Avg. Annual Appreciation
4.35%
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2021
Sold by
Wang Easter M and Murakami Annette H
Bought by
Balduff Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2020
Sold by
Chan Alfred R
Bought by
Chan Grace and Chan Trust
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
Balduff Marilyn $1,400,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balduff Marilyn $1,050,000
Previous Owner Chan Alfred $373,000
Previous Owner Chan Alfred $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $1,400,000 -1.4% $464 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,420,000 -- $470 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,919 $1,485,690 $636,724 $848,966
2024 $17,919 $1,456,560 $624,240 $832,320
2023 $17,572 $1,428,000 $612,000 $816,000
2022 $16,755 $1,400,000 $600,000 $800,000
2021 $6,315 $502,063 $242,383 $259,680
2020 $6,373 $496,916 $239,898 $257,018
2019 $6,131 $487,174 $235,195 $251,979
2018 $6,061 $477,623 $230,584 $247,039
2016 $5,771 $459,079 $221,631 $237,448
2015 $5,690 $452,184 $218,302 $233,882
2014 $5,724 $443,327 $214,026 $229,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21079266

California Regional Multiple Listing Service (CRMLS)

APN: 5594-023-017