NOT LISTED FOR SALE

Estimated Value: $1,298,000 - $1,670,205

5 Beds
3 Baths
2,792 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $880,000 $315 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,858/month

78 Days on Market

About This Home

As of July 2014

Exceptional and well maintained Triplex (a separate house and charming duplex) located in a high demand rental market just minutes from popular destination points like The Grove, Beverly Center, and Los Angeles County Museum of Art (LACMA). The front house features 2 bedrooms/1 bathroom, formal dining room, hardwood floors, renovated kitchen (new flooring, quartz countertops, stainless steel appliances) and landscaped backyard. The duplex offers an updated lower 2 bedroom/1 bath unit with a front porch; the upper unit is a 1 bedroom/1 bath apartment with hardwood floors, a spacious living room and kitchen. The duplex provides its residents with a spacious, private, landscaped backyard. New exterior paint, roof 9 years old, and copper plumbing throughout.Additional property attributes: three attached garages for residents, community laundry room and excellent potential rental income make this triplex a very desirable property.Currently tenant occupied; Shown by appointment.

Last Agent to Sell the Property

Om Reeder

Corcoran Global Living Listed on: 03/12/2014

Last Buyer's Agent

Nick Kim

License #01345520

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,851

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 5,153

Parking

  • 3 Car Garage

Home Design

  • 2,792 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,153 Sq Ft Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5085-035-006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,851

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2792
  • Property Condition: Updated/Remodeled
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 1
  • Number Disposal: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 321.99

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Rock/Stone
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Water District: DWP
  • Cooling: Window Unit(s)
  • Heating: Combination
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 196957
  • Assessed Land Value: 296592
  • Assessor Parcel Number: 5085-035-006
  • Geocode Override: No
  • Lot Size Area: 5153

Rental Info

  • Number Leased: 3

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.36
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 3620
  • Type Of Units: 3 units
  • Vacancy Rate: no

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2014
Sold by
Robertson Sylvester E and Robertson Linda S
Bought by
Park Elaine S
Total Days on Market
78
Current Estimated Value
$1,467,301

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
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester E and Robertson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 11, 2005
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester and Robertson Linda

Purchase Details

Closed on
Nov 29, 2004
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester and Robertson Linda

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
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester and Robertson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester and Robertson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 23, 1999
Sold by
Robertson Sylvester and Robertson Linda
Bought by
Robertson Sylvester and Robertson Linda
Source: Public Records

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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
Park Elaine S $880,000 Fidelity Sherman Oaks
Robertson Sylvester E -- Ticor Title
Robertson Sylvester -- --
Robertson Sylvester -- Stewart Title Of California
Robertson Sylvester -- Fidelity
Robertson Sylvester -- First Southwestern Title Co
Robertson Sylvester -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Elaine S $600,000
Previous Owner Robertson Sylvester E $205,000
Previous Owner Robertson Sylvester $440,000
Previous Owner Robertson Sylvester $55,000
Previous Owner Robertson Sylvester $332,000
Previous Owner Robertson Sylvester $332,000
Previous Owner Robertson Sylvester $25,000
Previous Owner Robertson Sylvester $301,000
Previous Owner Robertson Sylvester $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $880,000 -2.1% $315 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $899,000 -- $322 / 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 $12,851 $1,036,884 $801,230 $235,654
2023 $12,607 $1,016,554 $785,520 $231,034
2022 $12,028 $996,622 $770,118 $226,504
2021 $11,871 $977,081 $755,018 $222,063
2020 $11,991 $967,064 $747,277 $219,787
2019 $11,519 $948,103 $732,625 $215,478
2018 $11,448 $929,513 $718,260 $211,253
2016 $10,937 $893,420 $690,370 $203,050
2015 $10,779 $880,000 $680,000 $200,000
2014 $6,356 $495,789 $297,938 $197,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-743395

The MLS

APN: 5085-035-006