$1,150,000
SOLD FEB 12, 2025 RENTED MAY 31, 2025
5 Beds
5 Baths
2,080 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$553 Per Sq Ft

21% Below List Price

82 Days on Market

Highlights

  • Guest House
  • Gated Parking
  • Contemporary Architecture
  • John Marshall Senior High Rated A
  • Views of Trees
  • Fenced Yard

About This Home

As of February 2025

PRIME LOS FELIZ TRIPLEX: TWO UPSTAIRS-DOWNSTAIRS TOWN-HOUSES IN FRONT - EACH TOWN-HOUSE INCLUDES AN ENTERTAINMENT BALCONY WITH TREE-TOP VIEWS, PLUS A PRIVATE HOME IN BACK - WITH LOTS OF PARKING! Contemporary style Triplex with a Georgian flare. A true walkers paradise! This property is in an ideal location; Walking distance to both, Hillhurst and Vermont Ave., where most of the neighborhood restaurants, coffee shops, vintage botiques, banks, markets, bookstores, and entertainment are situated. Attractions such as Griffith Park, Griffith Observatory, the Greek Theatre, Tennis Courts, Golf Courses, and so much more, are all within a short 5-10 minute drive. All Tenants are month-to-month. The property has a large parking area and potential to Add ADU's! Please do not disturb tenants. Showings with an Accepted Offer: Offer Subject to Inspection.

Last Agent to Sell the Property

Bruce Jay

Bruce Jay Associates License #00559166 Listed on: 11/20/2024

Last Buyer's Agent

Bruce Jay

Bruce Jay Associates License #00559166 Listed on: 11/20/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,752 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Back Yard

Home Design

  • Triplex
  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • Custom Window Coverings
  • Views of Trees

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Gravel Driveway
  • Gated Parking

Additional Homes

  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 5542-004-042

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Floor: 1
  • Living Area: 2080
  • Lot Acreage: 0.1550
  • Stories: 2
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 697.11
  • Windows: Custom Window Covering

Exterior Features

  • Direction Faces: North
  • Other Structures: GuestHouse, Other
  • Paved: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Driveway - Gravel, Gated
  • Total Parking: 6

Utilities

  • Security: Gated
  • Sewer: In Connected and Paid
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 238207
  • Assessed Land Percent: 70
  • Assessed Land Value: 555829
  • Total Assessed Value: 794036
  • Assessor Parcel Number: 5542-004-042
  • Lot Description: Alley Paved, Back Yard, Fenced, Fenced Yard, Single Lot
  • Lot Location: Alley Access
  • Lot Size Area: 6752

Rental Info

  • Total Actual Rent: 71568.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 3
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Jan 27, 2025
Sold by
Balzer Ralf and Burton Brenda
Bought by
Kirikian Krikor
Seller's Agent
Bruce Jay
Bruce Jay Associates
Buyer's Agent
Bruce Jay
Bruce Jay Associates
List Price
$1,449,999
Sold Price
$1,150,000
Premium/Discount to List
-$299,999
-20.69%
Views
2
Current Estimated Value
$1,107,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,482
Avg. Annual Appreciation
-3.88%
Original Mortgage
$400,000
Outstanding Balance
$397,276
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$710,242

Purchase Details

Closed on
Feb 27, 2010
Sold by
Burton Brenda J
Bought by
Balzer Ralf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,640
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2010
Sold by
Montejo Marisela V
Bought by
Balzer Ralf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,640
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2006
Sold by
Montejo Ricardo Manuel
Bought by
Montejo Marisela V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 26, 2006
Sold by
Pro Value Properties Inc
Bought by
Montejo Marisela V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 26, 2006
Sold by
Melyan Robert
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Jan 24, 2005
Sold by
Karapetyan Sahak
Bought by
Melyan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2004
Sold by
Guyumdzhyan Knank
Bought by
Karapetyan Sahak

Purchase Details

Closed on
Dec 2, 2003
Sold by
Karapetyan Tigran
Bought by
Karapetyan Sahak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,800
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Jones Zola and Chakhbekian Armen
Bought by
Karapetyan Tigran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.29%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Jones Zoia
Bought by
Jones Zoia and Chakhbekian Armen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,150,000 Chicago Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $640,000 Lawyers Title Company
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $875,000 Orange Coast Title
Trustee Deed $716,700 Fidelity National Title
Grant Deed $850,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer $444,000 Ticor Title Company Of Ca
Grant Deed $205,000 North American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $618,640 FHA
Previous Owner $175,000 Stand Alone Second
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $680,000 Purchase Money Mortgage
Previous Owner $421,800 Purchase Money Mortgage
Previous Owner $164,000 No Value Available
Closed $30,750 No Value Available
Closed $170,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2025 05/31/25 Rented $3,500 0.0% --
05/16/2025 05/16/25 Price Changed $3,500 -6.7% $4 / Sq Ft
05/16/2025 05/16/25 Price Changed $3,750 -6.3% $4 / Sq Ft
05/01/2025 05/01/25 For Rent $4,000 0.0% --
02/12/2025 02/12/25 Sold $1,150,000 0.0% $553 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/19/2024 11/19/24 Off Market $1,150,000 -- --
08/30/2024 08/30/24 For Sale $1,449,999 -- $697 / Sq Ft
Source: The MLS

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 $10,017 $826,113 $578,283 $247,830
2024 $10,017 $809,916 $566,945 $242,971
2023 $9,824 $794,036 $555,829 $238,207
2022 $9,369 $778,468 $544,931 $233,537
2021 $9,249 $763,205 $534,247 $228,958
2020 $9,340 $755,380 $528,769 $226,611
2019 $8,972 $740,569 $518,401 $222,168
2018 $8,867 $726,049 $508,237 $217,812
2016 $8,466 $697,857 $488,502 $209,355
2015 $8,342 $687,376 $481,165 $206,211
2014 $8,382 $673,912 $471,740 $202,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-431467

The MLS

APN: 5542-004-042