NOT LISTED FOR SALE

455 N Poinsettia Place Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $4,134,936 - $6,259,000

4 Beds
2.5 Baths
2,908 Sq Ft
$1,730/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $1,375,000 $473 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $30,629/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of June 2014

Traditional side-by-side single story duplex in perfectly central location feels like a home. Perfect for owner user OR developer. Owner's unit is 3 beds/1.5 baths and features large living room with high barrel ceiling that opens with an arch to large formal dining room + generous kitchen with laundry and eat-in breakfast area. Half bath in the master. Hardwood floors throughout and central AC/heat. Rental unit is 1 bed/1 bath; currently leased for 1850 a month. Tenant unit features living room with arched picture window to street, high barrel ceiling, character faux fireplace; LR opens to large dining room. Kitchen with breakfast area and laundry room. Ample storage, hardwood floors and lots of sunshine. 3 car garage. Large sized lot. Walking distance to shops and restaurants on Beverly Blvd, The Grove, shops and restaurants on Melrose Ave. Property IS subject to rent control and is NOT subject to HPOZ. Trust sale no court confirmation required.

Last Agent to Sell the Property

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 04/03/2014

Last Buyer's Agent

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 04/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,677

Year Built

  • Built in 1926

Lot Details

  • 7,360

Home Design

  • 2,908 Sq Ft Home
  • Duplex
  • Traditional Architecture

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Driveway

Additional Features

  • 7,360 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5526-035-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,677

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2908
  • Lot Dimensions: A.0.1690
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen, In Unit
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 447.04

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Detached, Driveway, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5526-035-003
  • Geocode Override: No
  • Lot Size Area: 7360

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2014
Sold by
Ghesser Daniel M
Bought by
Landa Alexander and Landa Chaya Tovah
Current Estimated Value
$5,051,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,250
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 1994
Sold by
Ghesser Israel and Ghesser Judith
Bought by
Ghesser Israel

Purchase Details

Closed on
Mar 1, 1994
Sold by
Miller Erika
Bought by
Ghesser Israel
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
Landa Alexander $1,375,000 Fidelity
Ghesser Israel -- --
Ghesser Israel -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landa Alexander $2,685,000
Closed Landa Alexander $650,000
Closed Landa Alexander $2,220,366
Closed Landa Alexander $1,821,000
Previous Owner Landa Alexander $1,031,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $1,375,000 +5.8% $473 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $1,300,000 -- $447 / 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 $35,677 $2,964,056 $1,685,557 $1,278,499
2024 $35,677 $2,905,938 $1,652,507 $1,253,431
2023 $34,988 $2,848,959 $1,620,105 $1,228,854
2022 $33,365 $2,793,098 $1,588,339 $1,204,759
2021 $32,933 $2,738,333 $1,557,196 $1,181,137
2019 $31,946 $2,657,353 $1,511,009 $1,146,344
2018 $31,725 $2,605,254 $1,481,382 $1,123,872
2016 $17,253 $1,423,859 $1,423,859 $0
2015 $17,000 $1,402,472 $1,402,472 $0
2014 $1,205 $81,148 $50,173 $30,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-746393

The MLS

APN: 5526-035-003