NOT LISTED FOR SALE
7 Beds
6 Baths
4,552 Sq Ft
6,763 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $1,250,000 $275 Per Sq Ft

11 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Balcony
  • Franklin Avenue Elementary Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of August 2014

Very charming property in Los Feliz close to everything the area has to offer. The front two units were built in 1907 and they are craftsman style. 4400 Russell is the front bottom unit and the only one that faces Russell. It is a large 1 bedroom with a formal dining room, hardwood floors, large front porch, separate laundry room and a remodeled kitchen. 1829 Commonwealth is attached to the front unit. The entrance is at the bottom of the private front porch that leads up to the living area. There is much original mahogony wood in the staircase and wainscotting. It is a large 2 bedroom, 1 bath, kitchen with original pantry area, lg landing at the top of the staircase and a living room with fireplace & a door to the lg balcony. Hardwood floors throughout & a claw foot tub. The back 4 units were built in 1960. Three are 1 bedroom, 1 bath and 1- 2 bedroom, 2 bath. All have hardwood floors, updated kitchens, updated bathrooms, California closets and appliances. There is a laundry room between the buildings that currently is complimentary to the tenants. Copper plumbing and partial new sewer lines. Great property to owner occupy.

Last Agent to Sell the Property

Joyce Starleaf

Equity Union License #00782682 Listed on: 06/16/2014

Equity Union

Last Buyer's Agent

Joyce Starleaf

Equity Union License #00782682 Listed on: 06/16/2014

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,763 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 6 Parking Spaces

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,552 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 61
  • Assessor Parcel Number 5590018014

Community Details

Overview

  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Gardener Expense $110
  • Insurance Expense $1,767
  • Maintenance Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $15,000
  • Gross Income $6,656
  • Net Operating Income $57,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Other Phone Description: cell
  • Other Phone Number: 818-426-4833
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Contemporary, Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 110.00
  • Parcel Number: 5590018014
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 274.60

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 6763.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 6656.00
  • Gross Multiplier: 15.65
  • Gross Scheduled Income: 79872.00
  • Insurance Expense: 1767.00
  • Lot Size Area: 6763.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 57255.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 22617.00
  • Rent Control: Yes
  • Total Actual Rent: 6656.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 61
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $1,250,000 0.0% $275 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $1,250,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14127348

California Regional Multiple Listing Service (CRMLS)