NOT LISTED FOR SALE

Estimated Value: $1,736,029

7 Beds
8 Baths
5,434 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $1,225,000 $225 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,888/month

189 Days on Market

About This Home

As of October 2018

DRIVE BY ONLY -PLEASE DO NOT ENTER THE PREMISES AT ALL AND NO COMMUNICATIONS OR CONVERSATIONS WITH TENANTS OR OUTSIDE OPERATORS ABOUT SALE. PROPERTY IS MONITORED BY SURVEILLANCE CAMERA 24 HOURS DAY. The subject property is a thru lot from Huntington Drive to all the way to Ferntop Drive and it is accessible from both street and consists of SIX residential units and TWO commercial units with laundry facilities onsite. Additional adjacent properties are available for sale contact Listing Broker for more information about 4 Units building at 4448 Huntington Drive South, Los Angeles, CA 90032 and 3 units building at 4438 Huntington Drive South, Los Angeles, CA 90032.

Last Agent to Sell the Property

Bijan Vaziri

EMC Realty License #01137639 Listed on: 02/09/2018

Last Buyer's Agent

David Martinez

Keller Williams Beverly Hills License #01364667

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,134

Year Built

  • Built in 1935

Lot Details

  • 6,140

Interior Spaces

  • 5,434 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Additional Features

  • 6,140 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5214-008-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,134

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5434
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 234.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Electric Expense: 200.00
  • Heating: Wall Gas
  • Water Expense: 3600.00

Fee Information

  • Gas Expense: 200.00
  • Insurance Expense: 2148.00
  • Maintenance Expense: 4938.00
  • Management Expense: 4938.00
  • Trash Expense: 1800.00

Lot Info

  • Assessed Improvement Value: 177528
  • Assessed Land Value: 488213
  • Assessor Parcel Number: 5214-008-032
  • Geocode Override: No
  • Lot Size Area: 6140

Rental Info

  • Monthly Gross Income: 400.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 8
  • Rent Control: 75%
  • Total Annual Expense: 35863
  • Type Of Units: Apt & Comml
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 16187.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Oct 10, 2018
Sold by
21St Centuty Capital Investment Group Ll
Bought by
The Canon Capital Fund Llc
Seller's Agent
Bijan Vaziri
EMC Realty
Buyer's Agent
David Martinez
Keller Williams Beverly Hills
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%
Current Estimated Value
$1,736,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,029
Avg. Annual Appreciation
4.90%
Original Mortgage
$796,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2009
Sold by
Effective Mortgage Company
Bought by
21St Century Capital Investment Group Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2009
Sold by
Barahona Irma Rubidia
Bought by
Effective Mortgage Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 2007
Sold by
Trustee Properties Llc
Bought by
Barahona Irma Rubidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2005
Sold by
Trustee Properties Llc
Bought by
4444 South Huntington Drive Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Volchuk Shmuel
Bought by
Trustee Properties Llc and 4444 South Huntington Drive Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2002
Sold by
Sweet Ann
Bought by
Pacific West Investments Inc

Purchase Details

Closed on
May 1, 2001
Sold by
Sweet Johnny
Bought by
Sweet Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2001
Sold by
Delatorre Mario
Bought by
Sweet Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 1998
Sold by
Delatorre Grace
Bought by
Delatorre Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 4, 1998
Sold by
Omni Bank Na
Bought by
Delatorre Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1995
Sold by
Chee Maria W L and Lee Stanley
Bought by
Omni Bank Na

Purchase Details

Closed on
Sep 8, 1993
Sold by
Ou Larry
Bought by
Leung Hin
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
The Canon Capital Fund Llc $1,225,000 Lawyers Title
21St Century Capital Investment Group Ll -- Lawyers Title Company
Effective Mortgage Company -- None Available
Barahona Irma Rubidia $600,000 Provident Title
Barahona Irma Rubidia -- Provident Title
4444 South Huntington Drive Trust -- Provident Title Company
Trustee Properties Llc -- Fidelity National Title
Pacific West Investments Inc -- Fidelity
Sweet Ann -- Southland Title
Sweet Ann $170,000 Southland Title
Delatorre Mario -- Southland Title
Delatorre Mario $120,000 Southland Title
Omni Bank Na -- American Title Co
Leung Hin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed The Canon Capital Fund Llc $796,250
Previous Owner 21St Century Capital Investment Group Ll $490,000
Previous Owner Barahona Irma Rubidia $450,000
Previous Owner Trustee Properties Llc $415,000
Previous Owner Sweet Ann $128,000
Previous Owner Delatorre Mario $96,000
Open First Republic Bank $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $1,225,000 -3.9% $225 / Sq Ft
06/27/2018 06/27/18 Price Changed $1,275,000 -1.5% $235 / Sq Ft
06/14/2018 06/14/18 Price Changed $1,294,900 0.0% $238 / Sq Ft
04/21/2018 04/21/18 For Sale $1,295,000 +5.7% $238 / Sq Ft
04/11/2018 04/11/18 Off Market $1,225,000 -- --
02/09/2018 02/09/18 For Sale $1,295,000 -- $238 / 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 $17,134 $1,366,505 $613,533 $752,972
2024 $17,134 $1,339,711 $601,503 $738,208
2023 $16,815 $1,313,443 $589,709 $723,734
2022 $16,060 $1,287,691 $578,147 $709,544
2021 $15,846 $1,262,443 $566,811 $695,632
2020 $16,010 $1,249,500 $561,000 $688,500
2019 $15,399 $1,225,000 $550,000 $675,000
2018 $9,001 $679,055 $497,977 $181,078
2016 $8,527 $652,689 $478,641 $174,048
2015 $8,412 $642,886 $471,452 $171,434
2014 $8,450 $630,293 $462,217 $168,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-311916

The MLS

APN: 5214-008-032