NOT LISTED FOR SALE

5246 Hermitage Ave Valley Village, CA 91607

Estimated Value: $1,275,000 - $1,459,000

3 Beds
2 Baths
1,602 Sq Ft
$842/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $750,000 $468 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,954/month

113 Days on Market

About This Home

As of April 2016

DELIVERED VACANT! Two homes on a lot in prime Valley Village. This property presents the opportunity for an astute investor to purchase two homes on a lot in prime Valley Village. The front home is two-bedrooms/one-bathroom, and the rear home is one-bedroom/one-bathroom. This is a great opportunity for owner-users, investors, and developers. Rents are projections, after units are remodeled. Property is being sold As-Is.

Last Agent to Sell the Property

Elijah Korobkin

Central Realty Advisors Inc License #01897085 Listed on: 11/23/2015

Last Buyer's Agent

Elijah Korobkin

Central Realty Advisors Inc License #01897085 Listed on: 11/23/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,700

Year Built

  • Built in 1948

Lot Details

  • 6,289 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,602 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2347-023-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,700

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1602
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 498.75

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Expense: 1300.00

Fee Information

  • Insurance Expense: 582.00
  • Maintenance Expense: 285.00
  • Other Expense: 135.00

Lot Info

  • Assessor Parcel Number: 2347-023-003
  • Geocode Override: No
  • Lot Size Area: 6289

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.25
  • Number Of Units: 2
  • Type Of Units: Detached

Tax Info

  • Tax Expense: 9625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Pop Mircea Horea
Bought by
H Development Llc
Current Estimated Value
$1,349,347

Purchase Details

Closed on
Jan 29, 2020
Sold by
Pop Micrea Horea and Pop Ana
Bought by
Pop Mircea Horea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2020
Sold by
5246 Hermitage Llc
Bought by
Pop Mircea Horea and Pop Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2019
Sold by
Pop Mircea Horea and Pop Ana
Bought by
5246 Hermitage Llc

Purchase Details

Listed on
Nov 23, 2015
Closed on
Apr 26, 2016
Sold by
Pop Mircea Horea and Pop Ana
Bought by
5426 Hermitage
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Elijah Korobkin
Central Realty Advisors Inc
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$600,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2015
Closed on
Mar 14, 2016
Sold by
Pustilnikov Leonid
Bought by
Pop Mircea Horea and Pop Ana
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Elijah Korobkin
Central Realty Advisors Inc
List Price
$770,000
Sold Price
$750,000
Premium/Discount to List
-$20,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Pustilnikov Mola
Bought by
Pustilnikov Leonid

Purchase Details

Closed on
Aug 14, 2009
Sold by
Bank Of New York
Bought by
Pustilnikov Leonid and Pustilnikov Mola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
Sydeco Dominador S
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oc

Purchase Details

Closed on
Aug 17, 2006
Sold by
Sydeco Dominador S and Cuevo Ferdinand A
Bought by
Cuevo Ferdinand A

Purchase Details

Closed on
Aug 1, 2006
Sold by
Caro Ananias
Bought by
Sydeco Dominador S

Purchase Details

Closed on
Dec 23, 2005
Sold by
Buenaventura Maribeth
Bought by
Buenaventura Narciso J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2005
Sold by
Caro Ananias and Cuevo Ferdinand A
Bought by
Sydeco Dominador S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 2, 2005
Sold by
Buenaventura Narciso J
Bought by
Caro Ananias and Cuevo Ferdinand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2005
Sold by
Caro Vivian H
Bought by
Caro Ananias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 2005
Sold by
Caro Ananias and Cuevo Ferdinand
Bought by
Buenaventura Narciso J

Purchase Details

Closed on
Aug 5, 2005
Sold by
Crisostomo Romeo and Caro Ananias
Bought by
Caro Ananias and Cuevo Ferdinand

Purchase Details

Closed on
Mar 9, 2005
Sold by
Pascual Oleron and Pascual Theresa
Bought by
Contreras Renato

Purchase Details

Closed on
Jan 31, 2005
Sold by
Sydeco Dominador S
Bought by
Caro Ananias and Cuevo Ferdinand A

Purchase Details

Closed on
Oct 1, 2004
Sold by
Contreras Renato
Bought by
Pascual Oleron and Pascual Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Pascual Theresa M
Bought by
Contreras Renato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Pascual Oleron and Pascual Theresa
Bought by
Pascual Oleron and Pascual Theresa

Purchase Details

Closed on
Apr 1, 2003
Sold by
Pascual Oleron and Pascual Theresa
Bought by
Pascual Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Pascual Oleron and Pascual Theresa
Bought by
Pascual Oleron and Pascual Theresa

Purchase Details

Closed on
Jan 15, 1999
Sold by
Culbreath James Living Trust
Bought by
Pasqual Oleron and Pasqual Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
6.73%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Culbreath James M
Bought by
Culbreath James and The James Culbreath Living Tru

Purchase Details

Closed on
Nov 15, 1995
Sold by
Gaul Terry
Bought by
Culbreath James M and Gaul Terry

Purchase Details

Closed on
Oct 25, 1995
Sold by
Culbreath James M
Bought by
Gaul Terry
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
H Development Llc -- None Listed On Document
Pop Mircea Horea -- Old Republic Title Company
Pop Mircea Horea -- None Available
5246 Hermitage Llc -- None Available
5426 Hermitage -- Ticor Title Company Of Ca
Pop Mircea Horea $750,000 Ticor Title Company Of Ca
Pustilnikov Leonid $190,500 North American Title Company
Pustilnikov Leonid $381,000 Landsafe Title Company
Bank Of New York $786,600 Landsafe Title
Sydeco Dominador -- Accommodation
Cuevo Ferdinand A -- None Available
Sydeco Dominador S -- Accommodation
Buenaventura Narciso J -- Financial Title Company La
Sydeco Dominador S $1,100,000 Financial Title Company La
Caro Ananias -- --
Caro Ananias -- Financial Title Company La
Cuevo Ferdinand -- Financial Title Company La
Buenaventura Narciso J -- --
Caro Ananias -- --
Contreras Renato -- Financial
Crisostomo Romeo -- --
Caro Ananias -- Accommodation
Pascual Oleron -- --
Contreras Renato $550,000 Fidelity Van Nuys
Pascual Oleron -- --
Pascual Oleron -- --
Pascual Theresa M -- Gateway Title Company
Pascual Oleron -- --
Pasqual Oleron $205,000 Fidelity National Title Co
Culbreath James -- --
Gaul Terry -- --
Culbreath James M -- --
Gaul Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pop Mircea Horea $566,000
Previous Owner Pop Mircea Horea $600,000
Previous Owner Pustilnikov Leonid $285,750
Previous Owner Sydeco Dominador S $800,000
Previous Owner Contreras Renato $440,000
Previous Owner Pascual Theresa M $306,000
Previous Owner Pasqual Oleron $143,500
Closed Contreras Renato $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $750,000 -2.6% $468 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $770,000 -- $481 / 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 $10,700 $887,842 $621,491 $266,351
2024 $10,700 $870,434 $609,305 $261,129
2023 $10,492 $853,367 $597,358 $256,009
2022 $10,005 $836,636 $585,646 $250,990
2021 $9,880 $820,232 $574,163 $246,069
2020 $10,063 $811,822 $568,276 $243,546
2019 $9,666 $795,905 $557,134 $238,771
2018 $9,523 $780,300 $546,210 $234,090
2016 $5,600 $456,246 $328,421 $127,825
2015 $5,519 $449,393 $323,488 $125,905
2014 $5,548 $440,591 $317,152 $123,439
Source: Public Records

Agents Affiliated with this Home

  • Elijah Korobkin

    Seller's Agent in 2016

    Elijah Korobkin

    Central Realty Advisors Inc

    (323) 873-9332

    13 Total Sales

    Elijah Korobkin
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Map

Source: The MLS

MLS Number: 15-961231

The MLS

APN: 2347-023-003

California Los Angeles County Studio City 91607

5246 Hermitage Ave, Studio City, CA

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