NOT LISTED FOR SALE

Estimated Value: $1,135,000 - $1,746,000

4 Beds
4 Baths
2,128 Sq Ft
$658/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $975,000 $458 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,978/month

57 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Deck
  • Abraham Lincoln High School Rated A
  • City Lights View
  • Traditional Architecture

About This Home

As of April 2017

Mount Washington 4 Unit Complex with Downtown Skyline Views. All units have updated kitchens, baths, and flooring. The front two units and garage were recently painted. All foundations have been earthquake retrofitted and all electrical panels have been updated. There's copper plumbing in all units and the sewer lines are in good condition per the sellers. Unit 4 has been completely rewired and has a private deck and hot tub. Unit 3 is rented furnished - furniture conveys - all other units are rented unfurnished. All units have downtown views except unit 2. Unit 2 has a den with a closet - no window. The roofs are approximately 10 years old. The garage is not included with any of the tenants - currently used as storage. Tenants pay gas, electric, and trash. Owner pays water and gardener. Walking distance to shopping, coffee shops, nightlife and galleries on Figueroa and to the Gold Line metro station. To respect tenants offers are subject to interior inspection. Great investment

Last Agent to Sell the Property

Rob Hanson

Realty Source Incorporated License #01329997 Listed on: 01/16/2017

Last Buyer's Agent

Gina Isaac

Nourmand & Associates-HW License #01437713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,707

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 7,127 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Irregular Lot
  • Hillside Location
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Valley

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Bamboo
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Deck
  • Open Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 5452-015-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,707

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2128
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Recessed Lighting
  • Number Range: 4
  • Flooring: Bamboo, Laminate, Tile
  • Appliances: Oven
  • Bedrooms: 4
  • Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Suite
  • Common Walls: Attached, Detached/No Common Walls
  • Bathroom Features: Remodeled, Shower Over Tub, Shower Stall
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Granite Counters, Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 469.45

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter
  • Number Patio: 1
  • Patio: Deck(s), Patio Open, Wood
  • Pool: No
  • Roof: Composition, Shingle
  • Spa: Above Ground, Hot Tub
  • Spa Yn: Yes
  • View: City, City Lights, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Number Rented Garages: 0
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Wall Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Security: Carbon Monoxide Detector(s)
  • Sewer: In Street Paid
  • Water: District, Meter on Property
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 284050
  • Assessed Land Value: 426076
  • Assessor Parcel Number: 5452-015-011
  • Geocode Override: No
  • Lot Description: Landscaped, Lot Shape-Irregular, Street Asphalt
  • Lot Location: Hillside
  • Lot Size Area: 7127

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.26
  • Number Of Units: 4
  • Rent Control: 100%
  • Total Annual Expense: 1732.77
  • Type Of Units: Detached
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2017
Sold by
Hencken Steven Walter and Hencken Patricia Aguirre
Bought by
Hencken Steven Walter and Hencken Patricia Aguirre
Total Days on Market
57
Current Estimated Value
$1,399,839

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 17, 2017
Sold by
Guy Brenton and Suh Leonard J
Bought by
Hencken Steven Walter and Hencken Patricia Aguirre
Seller's Agent
Rob Hanson
Realty Source Incorporated
Buyer's Agent
Gina Isaac
Nourmand & Associates-HW
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$731,250
Outstanding Balance
$615,683
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$763,898

Purchase Details

Closed on
Mar 20, 2016
Sold by
Suh Leonard
Bought by
Suh Family Trust

Purchase Details

Closed on
Jan 10, 2008
Sold by
Castillo Juan S and Sanchez Esperanza T
Bought by
Guy Brenton and Suh Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,430
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Castillo Juan and Castillo Esperanza
Bought by
Abboud Maher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 9, 2003
Sold by
Hernandez Manuela and Hernandez Jose
Bought by
Castillo Juan and Castillo Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Hencken Steven Walter -- None Available
Hencken Steven Walter $975,000 California Title Company
Suh Family Trust -- None Available
Guy Brenton $640,000 Fidelity Van Nuys
Abboud Maher $150,000 Commonwealth
Castillo Juan $200,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hencken Steven Walter $731,250
Previous Owner Guy Brenton $662,430
Previous Owner Abboud Maher $135,000
Previous Owner Castillo Juan $100,000
Previous Owner Castillo Juan $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $975,000 -2.4% $458 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $999,000 0.0% $469 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $999,000 -- $469 / 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
2024 $13,707 $1,109,378 $625,804 $483,574
2023 $13,443 $1,087,627 $613,534 $474,093
2022 $12,819 $1,066,302 $601,504 $464,798
2021 $12,661 $1,045,395 $589,710 $455,685
2020 $12,789 $1,034,677 $583,664 $451,013
2019 $12,284 $1,014,390 $572,220 $442,170
2018 $12,201 $994,500 $561,000 $433,500
2017 $8,945 $724,328 $434,597 $289,731
2016 $8,735 $710,126 $426,076 $284,050
2015 $7,757 $628,000 $409,500 $218,500
2014 $7,955 $628,000 $409,500 $218,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-193508

The MLS

APN: 5452-015-011