NOT LISTED FOR SALE

5043 Cartwright Ave North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,135,312 - $1,356,000

3 Beds
3 Baths
1,648 Sq Ft
$758/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $780,000 $473 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,617/month

About This Home

As of August 2019

Probate sale subject to court confirmation, date set for April 3rd, 2019 (4/3/2019) at 8:30am in Dept. # 9 at : 111 N. Hill St. Los Angeles, CA. 90012. First overbid amount is $693,500.00. Property to be sold in it's "as is condition" with no warranties whatsoever; all potential buyers to due their due diligence prior to going to court. Commission to be split equally between listing agent and successful buyer's agent (2.5% to the seller's agent and 2.5% to the successful buyer's agent of total court approved sales price). Probate sale subject to court confirmation and overbid. Main house is a 2 bed room & 1 bath with attached garage. Studio unit, Plus a 1 bedroom 1 bath rear unit. Plus an additional one car garage. The Property is being sold in it's "as-is" condition without warranty. Buyer to verify any and all conditions.

Last Agent to Sell the Property

Eric Domeyer

Rodeo Realty License #00836196 Listed on: 11/08/2018

Rodeo Realty

Last Buyer's Agent

Sonia Ramirez

Vikin' Realty License #02031080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,549

Year Built

  • Built in 1943

Lot Details

  • 9,450 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • 1,648 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 5473
  • Assessor Parcel Number 2419011007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,500
  • Water Sewer Expense $500
  • New Taxes Expense $10,000
  • Operating Expense $12,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,549

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 2419011007
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 473.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9450.00
  • Lot Size Acres: 0.2169

Multi Family

  • Electric Expense: 500.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 9450.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 12500.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 1255.01
  • Tax Lot: 22
  • Tax Tract Number: 5473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2022
Sold by
Obsidian Development Llc
Bought by
Cartventure Llc
Current Estimated Value
$1,249,328

Purchase Details

Closed on
Apr 10, 2019
Sold by
Depew Brenda and The Estate Of Ervin R Phillips
Bought by
Obsidian Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.7%
Mortgage Type
Construction
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
Cartventure Llc -- --
Obsidian Development Llc $780,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obsidian Development Llc $624,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $780,000 -9.2% $473 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $858,858 -- $521 / 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 $12,549 $1,040,400 $676,260 $364,140
2024 $12,549 $1,020,000 $663,000 $357,000
2023 $12,306 $1,000,000 $650,000 $350,000
2022 $9,675 $803,840 $669,868 $133,972
2021 $9,555 $788,080 $656,734 $131,346
2020 $9,651 $780,000 $650,000 $130,000
2019 $1,448 $105,568 $91,232 $14,336
2018 $1,433 $103,499 $89,444 $14,055
2016 $1,353 $99,482 $85,972 $13,510
2015 $1,335 $97,989 $84,681 $13,308
2014 $1,361 $96,071 $83,023 $13,048
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eric Domeyer

    Rodeo Realty

    (818) 426-0944

    23 in this area

    66 Total Sales

    Eric Domeyer
    Section Image
  • Sonia Ramirez

    Buyer's Agent in 2019

    Sonia Ramirez

    Vikin' Realty

    (562) 313-1264

    4 in this area

    18 Total Sales

    Sonia Ramirez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18272898

California Regional Multiple Listing Service (CRMLS)

APN: 2419-011-007

California Los Angeles County North Hollywood 91601 North Hollywood

5043 Cartwright Ave, North Hollywood, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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