NOT LISTED FOR SALE

Estimated Value: $1,872,000 - $3,089,000

6 Beds
4 Baths
4,484 Sq Ft
$508/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,975,000 $440 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $14,421/month

34 Days on Market

About This Home

As of July 2023

We are pleased to present 455 N Hayworth Ave, a 4-unit apartment building located in Mid-City West, an A+ location in Los Angeles. The property is comprised of 4,484 rentable square feet and consists of Two (2) One-bedroom/One-Bath and Two (2) Two-Bedroom/One-Bath units. All units are considerably large with an average size of approximately 1,100 square feet. Two of the units were remodeled and modernized, and include in-unit washer and dryers, new appliances, and new fixtures. The large units, in combination with the unique sought-after features that they offer, create a perfect opportunity for an investor, someone looking to live on-premises. With a Walk Score of 96 (Walker's Paradise), the location is conveniently located near shops, parks, restaurants, and high-end entertainment.

Last Agent to Sell the Property

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 06/07/2023

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,323

Year Built

  • Built in 1939

Lot Details

  • 6,615 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 4,484 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units
  • Vacancy Allowance $3,300

Listing and Financial Details

  • Assessor Parcel Number 5527-032-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,323

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4484
  • Lot Acreage: 0.1518
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 467.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 25.07
  • Assessed Improvement Value: 138118
  • Assessed Land Percent: 74.93
  • Assessed Land Value: 412841
  • Total Assessed Value: 550959
  • Assessor Parcel Number: 5527-032-016
  • Lot Size Area: 6615

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.05
  • Number Of Units: 4
  • Total Annual Expense: 36652
  • Type Of Units: Standard
  • Vacancy Allow: 3300
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 17, 2023
Sold by
Zr Investments Llc
Bought by
Seda Properties Llc
Seller's Agent
Sam Liberow
Marcus & Millichap
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,095,000
Sold Price
$1,975,000
Premium/Discount to List
-$120,000
-5.73%
Views
2
Current Estimated Value
$2,279,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,003
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Mar 29, 2007
Sold by
Rapaport Zohar
Bought by
Zr Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
6.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 5, 2007
Sold by
Rapaport Zohar
Bought by
Zr Investments Llc

Purchase Details

Closed on
Feb 2, 1999
Sold by
Cohan Michal
Bought by
Rapaport Zohar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
3.35%

Purchase Details

Closed on
Oct 7, 1996
Sold by
Schaefer James S
Bought by
Rapaport Zohar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
8.37%

Purchase Details

Closed on
May 7, 1993
Sold by
Schaefer Evelyn
Bought by
Schaefer James S and Schaefer Denise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.89%
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
Seda Properties Llc $1,975,000 Stewart Title Guaranty Company
Zr Investments Llc -- Stewart Title Of California
Rapaport Zohar -- Stewart Title Of California
Rapaport Zohar -- Stewart Title
Zr Investments Llc -- None Available
Rapaport Zohar -- Equity Title
Rapaport Zohar $359,000 Equity Title
Schaefer James S -- Gateway Title
Schaefer Evelyn -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zr Investments Llc $550,000
Previous Owner Rapaport Zohar $467,500
Previous Owner Rapaport Zohar $450,000
Previous Owner Rapaport Zohar $331,000
Previous Owner Rapaport Zohar $287,200
Previous Owner Schaefer James S $176,400
Closed Rapaport Zohar $35,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,975,000 -5.7% $440 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $2,095,000 -- $467 / 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 $24,323 $2,014,500 $1,412,700 $601,800
2024 $24,323 $1,975,000 $1,385,000 $590,000
2023 $7,374 $561,977 $421,097 $140,880
2022 $7,051 $550,959 $412,841 $138,118
2021 $6,940 $540,157 $404,747 $135,410
2019 $6,742 $524,138 $392,743 $131,395
2018 $6,630 $513,862 $385,043 $128,819
2016 $6,304 $493,911 $370,093 $123,818
2015 $6,216 $486,493 $364,534 $121,959
2014 $6,263 $476,964 $357,394 $119,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-277386

The MLS

APN: 5527-032-016