NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,406,000

6 Beds
4 Baths
3,192 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,045,000 $327 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,983/month

51 Days on Market

Highlights

  • Tandem Parking
  • Tankless Water Heater
  • 1-Story Property
  • Laundry Room

About This Home

As of January 2024

Welcome to this delightful four-plex nestled on a tranquil tree-lined street, adjacent to the highly sought-after Larchmont, K-Town and Hollywood. This rare gem offers 2 detached buildings which consist of two distinct 2-bedroom, 1-bathroom units, two distinct 1-bedroom, 1-bathroom units, each exuding a warm and inviting atmosphere for comfortable living. Well-appointed kitchens. Located on a spacious 6,646 sq ft lot, offering room for potential expansion or additional development. The 2 car garage is not occupied by any of the tenants and has potential for ADU. Lots of new construction in the immediate area. Residents enjoy easy access to the 101 and freeways, shops and restaurants.

Last Agent to Sell the Property

Nima Tehrany

Compass License #01305628 Listed on: 10/17/2023

Compass

Co-Listed By

James Baulding Jr.

Compass License #02146765

Last Buyer's Agent

Nerissa Minnick

Compass License #02062102

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,298

Year Built

  • Built in 1924

Lot Details

  • 6,646 Sq Ft Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway

Interior Spaces

  • 3,192 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5521-009-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,298

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3192
  • Lot Acreage: 0.1526
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 6
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Freezer, Refrigerator, Washer, Dryer, Dishwasher, Range/Oven, Garbage Disposal, Microwave
  • Price Per S Q F T: 312.97

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway, Tandem
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Window Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1758.00
  • Maintenance Expense: 4417.00
  • Management Expense: 3000.00
  • Other Expense: 262.00

Lot Info

  • Assessed Improvement Percent: 31.24
  • Assessed Improvement Value: 193398
  • Assessed Land Percent: 68.76
  • Assessed Land Value: 425723
  • Total Assessed Value: 619121
  • Assessor Parcel Number: 5521-009-012
  • Lot Size Area: 6646

Rental Info

  • Total Actual Rent: 70812.00
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.10
  • Number Of Units: 4
  • Total Annual Expense: 17918
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 7787.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 20, 2023
Sold by
Harper Frank E
Bought by
Fitzner Ana Monroe and Kellum Scott Alexander
Seller's Agent
Nima Tehrany
Compass
Buyer's Agent
Nerissa Minnick
Compass
List Price
$999,000
Sold Price
$1,045,000
Premium/Discount to List
$46,000
4.6%
Views
55
Current Estimated Value
$1,154,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,553
Avg. Annual Appreciation
5.54%
Original Mortgage
$992,750
Outstanding Balance
$976,542
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$163,162

Purchase Details

Closed on
Sep 10, 2009
Sold by
The Bank Of New York
Bought by
Harper Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Avila Luis
Bought by
The Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oa

Purchase Details

Closed on
Sep 8, 2004
Sold by
Celis Henry and Celis Nicole
Bought by
Avila Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1999
Sold by
Celis Henry
Bought by
Celis Henry and Celis Nicole

Purchase Details

Closed on
Feb 9, 1999
Sold by
Celis Nicole
Bought by
Celis Henry

Purchase Details

Closed on
Oct 26, 1998
Sold by
Golenzer J Trs Golenzer Trust
Bought by
Celis Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,350
Interest Rate
6.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fitzner Ana Monroe $1,045,000 First American Title
Harper Frank E $509,000 Landsafe Title
The Bank Of New York $673,200 Landsafe Title
Avila Luis $660,000 Commonwealth Title
Celis Henry -- Gateway Title
Celis Henry -- Gateway Title
Celis Henry $196,600 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzner Ana Monroe $992,750
Previous Owner Harper Frank E $250,000
Previous Owner Harper Frank E $330,000
Previous Owner Harper Frank E $325,000
Previous Owner Harper Frank E $351,000
Previous Owner Avila Luis $711,360
Previous Owner Avila Luis $462,000
Previous Owner Celis Henry $314,250
Previous Owner Celis Henry $230,800
Previous Owner Celis Henry $198,350
Closed Avila Luis $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,045,000 +4.6% $327 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $999,000 0.0% $313 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $999,000 -- $313 / 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 $8,298 $1,065,900 $714,000 $351,900
2024 $8,298 $644,131 $442,921 $201,210
2023 $8,148 $631,502 $434,237 $197,265
2022 $7,787 $619,121 $425,723 $193,398
2021 $7,677 $606,982 $417,376 $189,606
2019 $7,457 $588,981 $404,998 $183,983
2018 $7,317 $577,433 $397,057 $180,376
2016 $6,978 $555,013 $381,640 $173,373
2015 $6,880 $546,677 $375,908 $170,769
2014 $6,928 $535,969 $368,545 $167,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-322243

The MLS

APN: 5521-009-012