NOT LISTED FOR SALE

Estimated Value: $2,617,000 - $4,114,000

7 Beds
7 Baths
7,019 Sq Ft
$467/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $2,720,000 $388 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $20,695/month

Highlights

  • New Construction
  • Contemporary Architecture
  • ENERGY STAR Qualified Appliances
  • City Lights View
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

WE ARE PROUD TO PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUAD DUPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. TRI LEVEL, SIDE BY SIDE UNITS, UNITS HAVE OPEN FLOOR PLANS, MASTER BEDROOM IN ALL UNITS, WALK IN CLOSETS, QUARTZ COUNTER TOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE BACK SPLASH GLASS THROUGHOUT EACH UNIT, BALCONIES, WATER AND SCRATCH RESISTANT FLOORING, CUSTOM WINDOW SHADES, BLACKOUT SHADES IN ALL BEDROOMS, STAINLESS STEEL APPLIANCES, CUSTOM KITCHEN CABINETS, TWO-TONED INTERIOR PAINTING, HVAC SYSTEM IN ALL UNITS, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT E/A UNIT, LAUNDRY ROOMS EACH UNIT WITH WASHER & DRYER, GREEN CERTIFIED, DROUGHT RESISTANT, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, EACH UNIT WITH ATTACHED GARAGE, PLENTY OF PARKING WITH DECORATIVE PAVERS, INDIVIDUAL METERS FOR EACH UNIT WATER, GAS, AND ELECTRIC, OVER ALL THIS IS VERY LOW MAINTENANCE PROPERTY, NO RENT CONTROL.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA License #01218901 Listed on: 01/23/2020

Keller Williams SELA

Last Buyer's Agent

Farideh Hakimi

Beverly and Company, Inc. License #01012520

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,784

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Wrought Iron Fence
  • Privacy Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Auto Driveway Gate

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Property Attached
  • Flat Roof Shape

Interior Spaces

  • 7,019 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 569
  • Assessor Parcel Number 5067007033

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,000
  • Insurance Expense $2,715
  • Maintenance Expense $2,500
  • New Taxes Expense $33,320
  • Operating Expense $39,807
  • Gross Income $210,000
  • Net Operating Income $170,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,784

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5067007033
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 387.52

Exterior Features

  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Masonry, Privacy, Wrought Iron
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave
  • Heating Type: Central, Forced Air, Electric, Natural Gas, ENERGY STAR Qualified Equipment
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607
  • Latitude Manual: 34.04582800

Multi Family

  • Gross Income: 210000.00
  • Gross Scheduled Income: 210000.00
  • Insurance Expense: 2715.00
  • Lot Size Area: 7000.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 170193.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 39807.00
  • Rent Control: No
  • Total Expenses: 39807.00

Tax Info

  • New Taxes Expense: 33320.00
  • Tax Lot: 80
  • Tax Tract Number: 569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Monagem Hakimi
Bought by
H O D Properties Llc
Current Estimated Value
$3,276,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,613,000
Outstanding Balance
$1,486,191
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,720,309

Purchase Details

Closed on
Feb 4, 2020
Sold by
Lajoma Corporation
Bought by
H O D Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2018
Closed on
Feb 15, 2018
Sold by
Flores Carcia Fausto
Bought by
Lajoma Corporation
Seller's Agent
Vanessa Villa
First Team Real Estate
Buyer's Agent
Vanessa Villa
First Team Real Estate
List Price
$799,999
Sold Price
$880,000
Premium/Discount to List
$80,001
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Flores Fausto and Flores Rita S
Bought by
Flores Garcia Fausto
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
H O D Properties Llc -- Stewart Title Company
Hakimi Monagem -- Stewart Title Company
Hakimi Monagem -- Stewart Title Company
Hakimijoo Fereidon -- Stewart Title Company
H O D Properties Llc $2,720,000 Wfg Title Company
Lajoma Corporation $880,000 First American Title
Flores Garcia Fausto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakimi Monagem $1,613,000
Previous Owner H O D Properties Llc $1,650,000
Previous Owner Lajoma Corporation $877,100
Previous Owner Lajoma Corp $789,000
Previous Owner Flores Fausto $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $2,720,000 -6.2% $388 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $2,900,000 +229.5% $413 / Sq Ft
03/30/2018 03/30/18 Sold $880,000 +10.0% $412 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $799,999 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $35,784 $2,974,713 $2,077,925 $896,788
2024 $35,784 $2,916,386 $2,037,182 $879,204
2023 $35,093 $2,859,203 $1,997,238 $861,965
2022 $40,887 $3,440,000 $2,440,000 $1,000,000
2021 $33,030 $2,748,179 $1,919,684 $828,495
2020 $11,279 $915,551 $732,441 $183,110
2019 $10,832 $897,600 $718,080 $179,520
2018 $1,239 $92,099 $31,041 $61,058
2016 $1,173 $88,525 $29,837 $58,688
2015 $1,157 $87,196 $29,389 $57,807
2014 $1,172 $85,489 $28,814 $56,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20059204

California Regional Multiple Listing Service (CRMLS)

APN: 5067-007-033