NOT LISTED FOR SALE

Estimated Value: $1,412,000 - $2,523,000

2 Beds
2 Baths
1,000 Sq Ft
$2,089/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $1,650,000 $1,650 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,356/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of August 2016

Immaculate unit in fourplex of the highly acclaimed Hancock Park area of Los Angeles. It showcases nothing less than what would be expected of the area, hardwood floors throughout, new paint, large living and dining area. Granite counter tops in kitchen which includes a stove, refrigerator and lots of cabinet space. Separate laundry area with washer and dryer included. This property is a must see!!!

Last Agent to Rent the Property

Shumon Hutchinson

Berkshire Hathaway HomeServices California Properties License #01344730 Listed on: 06/27/2016

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Shumon Hutchinson

Berkshire Hathaway HomeServices California Properties License #01344730 Listed on: 06/27/2016

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,705

Year Built

  • Built in 1925

Lot Details

  • 6,800 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment

Interior Spaces

  • 1,000 Sq Ft Home
  • Decorative Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,550
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Tax Lot 63
  • Tax Tract Number 1417
  • Assessor Parcel Number 5522021017

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,705

Year Built

Built in 1925

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 2550
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Other Phone Description: 5622251250
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5522021017
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 2.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6800.00
  • Price Per Lot Square Foot: 0.35

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Water

Tax Info

  • Tax Lot: 63
  • Tax Tract Number: 1417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 12, 2015
Sold by
Zadeh Mani H
Bought by
4925 Elmwood Avenue Llc
Seller's Agent
Benjamin Stewart-Kruger
Carolwood Estates
Buyer's Agent
Rebecca Davis
Compass
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Current Estimated Value
$2,088,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,680
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Aug 7, 2015
Sold by
Morton Smith Stephen
Bought by
Zadeh Mani H and Ebrahimi Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Wong Peter K and Wong Grace T
Bought by
Morton Smith Stephen and The Stephen Morton Smith 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
$880,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2003
Sold by
Wong Peter K and Wong Grace T
Bought by
Wong Peter K

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
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Wong Rita G
Bought by
Wong William K

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
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
Wong William K and The William K Wong Revocable T
Bought by
Wong William K

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
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2002
Sold by
Wong Peter K and Wong Grace T
Bought by
Wong Peter K

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
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2001
Sold by
Wong Sook Hoy and Wong Peter K
Bought by
William K Wong Rev Trust
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
4925 Elmwood Avenue Llc -- None Available
Zadeh Mani H $1,650,000 First American Title
Morton Smith Stephen $1,100,000 Act
Wong Peter K -- --
Wong William K -- American Title Co
Wong William K -- American Title Co
Wong Peter K -- American Title Co
William K Wong Rev Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zadeh Mani H $1,072,500
Previous Owner Morton Smith Stephen $950,000
Previous Owner Morton Smith Stephen $880,000
Previous Owner Wong William K $300,000
Previous Owner Wong William K $300,000
Previous Owner Wong Peter K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Rented $2,400 -5.9% --
08/10/2016 08/10/16 Price Changed $2,550 -3.8% $3 / Sq Ft
06/27/2016 06/27/16 For Rent $2,650 0.0% --
10/09/2015 10/09/15 Sold $1,650,000 -2.9% $289 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $1,699,000 -- $298 / 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 $23,705 $1,953,260 $1,302,174 $651,086
2024 $23,705 $1,914,962 $1,276,642 $638,320
2023 $23,253 $1,877,414 $1,251,610 $625,804
2022 $22,182 $1,840,603 $1,227,069 $613,534
2021 $21,890 $1,804,513 $1,203,009 $601,504
2019 $21,239 $1,750,992 $1,167,328 $583,664
2018 $21,089 $1,716,660 $1,144,440 $572,220
2016 $20,138 $1,650,000 $1,300,000 $350,000
2015 $15,679 $1,275,785 $927,846 $347,939
2014 $15,748 $1,250,795 $909,671 $341,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16139547

California Regional Multiple Listing Service (CRMLS)

APN: 5522-021-017