NOT LISTED FOR SALE

Estimated Value: $1,160,000 - $1,600,000

5 Beds
2 Baths
2,690 Sq Ft
$520/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $713,500 $265 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $8,319/month

14 Days on Market

About This Home

As of January 2015

AMAZING DEAL! Two (2) houses in a lot situated in a very quiet street and excellent rental area. Why a buy a single family home when you can get 2 separate houses at very affordable price? First house is a vintage two-story Spanish home with approximately 1,772 sq. ft. that has 3 bedrooms and 2 baths, 2-car garage and a private patio that opens up from the master's bedroom. The second house at the corner of Rimpau Blvd. has an approximate of 918 sq. ft. living space with 2 bedrooms and 1 bath. Each home has its own entrance and both are move-in ready. Perfect for investment, family compound or live in one & rent the other for income!

Last Agent to Sell the Property

Isaac Davidi

The Davidi Company License #01819489 Listed on: 11/24/2014

Last Buyer's Agent

Jeremy Miller

Keller Williams Realty Los Feliz License #01937396

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,387

Year Built

  • Built in 1963

Lot Details

  • 5,201

Interior Spaces

  • 2,690 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Additional Features

  • 5,201 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5057-028-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,387

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2690
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 260.19

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Concrete, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 108189
  • Assessed Land Value: 116758
  • Assessor Parcel Number: 5057-028-001
  • Geocode Override: No
  • Lot Size Area: 5201

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jan 5, 2015
Sold by
Aldo Services Inc
Bought by
Gordon Scott and Lloyd Gordon Samantha
Seller's Agent
Isaac Davidi
The Davidi Company
Buyer's Agent
Jeremy Miller
Keller Williams Realty Los Feliz
List Price
$599,900
Sold Price
$713,500
Premium/Discount to List
$113,600
18.94%
Current Estimated Value
$1,398,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,256
Avg. Annual Appreciation
6.14%
Original Mortgage
$520,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jul 31, 2014
Sold by
Drake Betty S and Betty S Drake Living Trust
Bought by
Aldo Services Inc
Seller's Agent
Michael Folkerds
Wilshire Property Group
Buyer's Agent
Isaac Davidi
The Davidi Company
List Price
$250,000
Sold Price
$310,000
Premium/Discount to List
$60,000
24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
851.62%

Purchase Details

Closed on
Apr 24, 2007
Sold by
Drake Betty S
Bought by
Drake Betty S and The Betty S Drake Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Drake Betty S
Bought by
Drake Betty S and Betty S Drake Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Drake Betty S
Bought by
Drake Betty S and Betty S Drake Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Drake Betty
Bought by
Drake Betty S and The Betty S Drake Living Trust

Purchase Details

Closed on
Apr 4, 2000
Sold by
Harris Vaughn S and Harris Vincent B
Bought by
Drake Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,220
Interest Rate
8.25%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Harris Family Trust and Betty S
Bought by
Harris Vaughn S and Harris Vincent B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,220
Interest Rate
8.25%
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
Gordon Scott $713,500 Provident Title Company
Aldo Services Inc $310,000 Provident Title Company
Drake Betty S -- Alliance Title Company
Drake Betty S -- Alliance Title Company
Drake Betty S -- Accommodation
Drake Betty S -- Chicago Title
Drake Betty S -- --
Drake Betty S -- --
Drake Betty $106,600 Investors Title Company
Harris Vaughn S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Scott $508,500
Closed Gordon Scott $520,000
Previous Owner Drake Betty S $417,000
Previous Owner Drake Betty S $348,000
Previous Owner Drake Betty S $300,000
Previous Owner Drake Betty $136,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2015 01/07/15 Sold $713,500 +18.9% $265 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $599,900 +93.5% $223 / Sq Ft
08/25/2014 08/25/14 Sold $310,000 +24.0% $115 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $250,000 -- $93 / 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 $10,387 $857,509 $516,790 $340,719
2024 $10,387 $840,696 $506,657 $334,039
2023 $10,190 $824,213 $496,723 $327,490
2022 $9,723 $808,053 $486,984 $321,069
2021 $9,591 $792,210 $477,436 $314,774
2020 $9,686 $784,088 $472,541 $311,547
2019 $9,305 $768,715 $463,276 $305,439
2018 $9,225 $753,643 $454,193 $299,450
2016 $8,804 $724,380 $436,557 $287,823
2015 $3,950 $310,000 $200,000 $110,000
2014 $3,026 $225,968 $117,288 $108,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-812667

The MLS

APN: 5057-028-001