NOT LISTED FOR SALE

Estimated Value: $892,647 - $1,198,000

3 Beds
2 Baths
1,552 Sq Ft
$643/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $410,000 $264 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,807/month

90 Days on Market

Highlights

  • Stables
  • No HOA
  • Views
  • STEM Academy at Bernstein High Rated A-
  • Cooling Available
  • 2-minute walk to Lemon Grove Recreation Center

About This Home

As of August 2014

B.O.M. Back On the Market. BEAUTIFUL DUPLEX!!! LOCATED IN HOLLYWOOD AREA CLOSE TO HISTORICAL MELROSE HILL
GREAT UNITS for first time buyers and investors Location! Location! Location! Loook no further
STANDARD SALE This is a charming two story, situated on a small lot north of Melrose Ave! The interior features a living room, kitchen, a breakfast area, 2 bedrooms and 1 bath downstairs! The second unit upstairs consist of 1 bedroom and 1 bath and balcony with a partial view to the Hollywood sing! separated power and gas meter. Title shows a total of 2bedrooms / 2 baths. Information deemed reliable but not guaranteed. Buyer to verify all and entire condition and all information on this property on their own and must satisfy themselves as to all asp Cute well maintained duplex next to Lemon Grove Park conveniently located close to main streets/freeways/shoppings, and close to Downtown,Hollywood and the trendy Silver Lake neighborhood. Legal Description shows MELROSE HILL Lot 19. Sold As Is. Units will be deliver with tenants.
Don't miss your chance to own your piece of LA.

Last Agent to Sell the Property

Francisco Armas

Century 21 Real Estate Alliance License #01353876 Listed on: 04/09/2014

Century 21 Real Estate Alliance

Last Buyer's Agent

Francisco Armas

Century 21 Real Estate Alliance License #01353876 Listed on: 04/09/2014

Century 21 Real Estate Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1923

Lot Details

  • 1,900 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 1,552 Sq Ft Home
  • Ceiling Fan
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Horse Facilities and Amenities

  • Stables

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5535034011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,435
  • Net Operating Income $26,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,065

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 818-406-1582
  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 5535034011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 264.18

Exterior Features

  • Exterior Features: Stable
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1900.00
  • Lot Size Acres: 0.0440

Multi Family

  • Gross Income: 2435.00
  • Gross Scheduled Income: 29220.00
  • Lot Size Area: 1900.0000 Square Feet
  • Net Operating Income: 26220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 2435.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Pink Evan
Bought by
Beausoleil Phoenix and Beausoleil Paloma
Current Estimated Value
$968,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Outstanding Balance
$180,380
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$817,782

Purchase Details

Listed on
Apr 9, 2014
Closed on
Aug 28, 2014
Sold by
Pink Evan
Bought by
Pink Evan and Beauoleil Phoenix
Seller's Agent
Francisco Armas
Century 21 Real Estate Alliance
Buyer's Agent
Francisco Armas
Century 21 Plaza
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jul 15, 2014
Sold by
Avalos Jose A
Bought by
Pink Evan and Beausoleil Phoenix
Seller's Agent
Francisco Armas
Century 21 Real Estate Alliance
Buyer's Agent
Francisco Armas
Century 21 Plaza
List Price
$410,000
Sold Price
$410,000

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
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Avalos Jose A
Bought by
Avalos Jose A

Purchase Details

Closed on
Mar 11, 2003
Sold by
Mejia Manuel Dejesus and Marquez Bercy
Bought by
Avalos Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.73%

Purchase Details

Closed on
Nov 13, 2001
Sold by
Mejia Manuel Dejesus
Bought by
Mejia Manuel Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.62%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Hud
Bought by
Mejia Manuel Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,579
Interest Rate
7.12%

Purchase Details

Closed on
Oct 24, 1995
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 7, 1995
Sold by
Morris Joel P and Morris Dolores L
Bought by
Nationsbanc Mtg Corp
Source: Public Records

Range of Values:

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Average Value
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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
Beausoleil Phoenix -- California Title Company
Pink Evan -- None Available
Pink Evan $410,000 Pacific Coast Title Company
Avalos Jose A -- --
Avalos Jose A $295,000 Landamerica Lawyers Title
Mejia Manuel Dejesus -- Fidelity National Title Co
Mejia Manuel Dejesus $75,500 California Counties Title Co
Hud -- American Title Ins Co
Nationsbanc Mtg Corp $96,984 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beausoleil Phoenix $299,000
Previous Owner Pink Evan $300,000
Previous Owner Avalos Jose A $293,000
Previous Owner Avalos Jose A $280,250
Previous Owner Mejia Manuel Dejesus $120,000
Previous Owner Mejia Manuel Dejesus $67,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $410,000 0.0% $264 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $410,000 -- $264 / 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 $6,065 $492,748 $348,530 $144,218
2024 $6,065 $483,088 $341,697 $141,391
2023 $5,951 $473,617 $334,998 $138,619
2022 $5,677 $464,331 $328,430 $135,901
2021 $5,598 $455,228 $321,991 $133,237
2019 $5,430 $441,728 $312,442 $129,286
2018 $5,383 $433,067 $306,316 $126,751
2016 $5,138 $416,252 $294,422 $121,830
2015 $5,064 $410,000 $290,000 $120,000
2014 $4,439 $348,526 $236,292 $112,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14076063

California Regional Multiple Listing Service (CRMLS)

APN: 5535-034-011