NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,242,000

5 Beds
3 Baths
2,182 Sq Ft
$545/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2015

Last sale price $650,000 $298 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,155 / mo

69 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 2 Car Garage
  • Glenfeliz Boulevard Elementary Rated 9+

About This Home

As of February 2015

Prime opportunity with tremendous upside potential located in a prestigious neighborhood in Los Angeles. Two houses on one lot with separate gas and electric meters. One home offers three bedrooms and two baths while the other home offers two bedrooms and one bath. Both homes offer an excellent amount of privacy as they are detached units. Spacious living rooms with laminated flooring. Kitchens adjacent to living room. Both kitchens offer lots of cabinets for all your storage needs, and large windows for ample amount of lighting. Best of all, this property comes with a huge backyard perfect for family gatherings, birthday parties, or pets! Come by and take a look, you won’t be disappointed!

Last Agent to Sell the Property

Georgina Ghazarian

Beverly and Company, Inc. License #01738111 Listed on: 11/14/2014

Beverly and Company, Inc.

Co-Listed By

George Bouzaglou

JohnHart Real Estate License #01703958

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,600 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 2,182 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, HVAC maintenance, insurance, trash collection, water
  • Tax Lot 30
  • Tax Tract Number 3362
  • Assessor Parcel Number 5594002030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,750
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

8,600 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5594002030
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 297.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Closet, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8600.00
  • Lot Size Acres: 0.1970

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, HVAC Maintenance, Insurance, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 981
  • Average3 Bed Area: 1200
  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Lot Size Area: 8600.0000 Square Feet
  • Net Operating Income: 33000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 3362
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Nu Urban Residential Llc
Bought by
Pactor Scott and Schmalz Amy
Current Estimated Value
$1,188,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,543
Outstanding Balance
$583,580
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$604,692

Purchase Details

Listed on
Nov 14, 2014
Closed on
Feb 5, 2015
Sold by
Orsi Antonio Giovanni and Orsi Carmen
Bought by
Nu Urban Residential Llc
Seller's Agent
Georgina Ghazarian
Beverly and Company, Inc.
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
May 19, 2011
Sold by
Aurora Loan Services Llc
Bought by
Orsi Antonio Giovanni and Orsi Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Polanco Julio and Onate Marta E
Bought by
Onate Marta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pactor Scott $785,000 Stewart Title Of California
Nu Urban Residential Llc $610,000 Title 365
Orsi Antonio Giovanni $350,000 Lsi Title Company
Onate Marta E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pactor Scott $691,543
Previous Owner Orsi Antonio Giovanni $262,500
Previous Owner Onate Marta E $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $650,000 0.0% $298 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $649,900 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,778 $893,191 $568,913 $324,278
2024 $10,778 $875,678 $557,758 $317,920
2023 $10,570 $858,509 $546,822 $311,687
2022 $10,077 $841,676 $536,100 $305,576
2021 $9,956 $825,174 $525,589 $299,585
2019 $9,601 $800,700 $510,000 $290,700
2018 $4,495 $364,172 $250,920 $113,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14242510

California Regional Multiple Listing Service (CRMLS)

APN: 5594-002-032

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