$965,000
SOLD DEC 28, 2017
6 Beds
3 Baths
2,132 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$453 Per Sq Ft

3% Below List Price

102 Days on Market

About This Home

As of January 2021

RARE R3 ZONED IN THE NOHO ARTS DISTRICT- This amazing investment opportunity offers 3 legal units. All units are 2 bedrooms 1 bathroom with upside on the rents. Near the Metro subway line, major freeways and NoHo Arts District's trendy stores & restaurants. Minutes from Magnolia Blvd,with its bars, restaurants and shopping. South of Magnolia, East of Vineland, adjacent to Burbank & Toluca woods , near Universal /NBC, Disney, Warner Bros CBS and many major studios. Near the Metro subway line and NoHo Arts. Front 2 units totally remodeled with new kitchen and all new floors. All units have washers & dryer/laundry closet in the kitchen with stackable W&D. Units #1 & #2 have AC units. 6 parking spots with a private driveway. (Subject to cancelation of present Escrow).

Last Agent to Sell the Property

Louis Perez

Tradewind Realty License #01218758 Listed on: 08/26/2017

Last Buyer's Agent

Jeff Lloyd

Jeffrey Brandon Lloyd License #00931954

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,460

Year Built

  • Built in 1961

Interior Spaces

  • 2,132 Sq Ft Home
  • Ceiling Fan
  • Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,750 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2416-026-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,460

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2132
  • Year Built: 1961
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 468.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Natural Gas

Lot Info

  • Assessor Parcel Number: 2416-026-005
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.69
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 16794
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Dec 21, 2020
Sold by
Br Workforce Llc
Bought by
Rym Investments Llc
Seller's Agent
Amara Hordt
Engel & Völkers
Buyer's Agent
Yvette Guerrero
List Price
$1,195,000
Sold Price
$1,025,000
Premium/Discount to List
-$170,000
-14.23%
Current Estimated Value
$1,331,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,866
Avg. Annual Appreciation
6.48%

Purchase Details

Listed on
Aug 26, 2017
Closed on
Dec 15, 2017
Sold by
Ahumada Cristian A
Bought by
Br Workforce Llc
Seller's Agent
Louis Perez
Tradewind Realty
Buyer's Agent
Jeff Lloyd
Jeffrey Brandon Lloyd
List Price
$999,000
Sold Price
$965,000
Premium/Discount to List
-$34,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Jul 31, 2006
Sold by
Dorotheo Gerardo and Dorotheo Daisy
Bought by
Ahumada Cristian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,550
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 1995
Sold by
Costello Sharon
Bought by
Dorotheo Gerardo and Dorotheo Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
6%
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 Type Sale Price Title Company
Grant Deed $1,025,000 Stewart Title
Grant Deed $965,000 Fidelity National Title
Grant Deed $668,500 Southland Title
Grant Deed $168,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $562,800 New Conventional
Previous Owner $580,000 New Conventional
Previous Owner $610,000 Unknown
Previous Owner $133,550 Unknown
Previous Owner $467,670 Purchase Money Mortgage
Previous Owner $385,000 Unknown
Previous Owner $142,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $1,025,000 -6.4% $481 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $1,095,000 -8.4% $514 / Sq Ft
07/09/2020 07/09/20 For Sale $1,195,000 +23.8% $561 / Sq Ft
12/28/2017 12/28/17 Sold $965,000 -3.4% $453 / Sq Ft
12/05/2017 12/05/17 For Sale $999,000 +3.5% $469 / Sq Ft
12/03/2017 12/03/17 Off Market $965,000 -- --
11/22/2017 11/22/17 Price Changed $999,000 -1.1% $469 / Sq Ft
10/30/2017 10/30/17 Price Changed $1,010,000 -1.5% $474 / Sq Ft
10/18/2017 10/18/17 Price Changed $1,025,000 -2.3% $481 / Sq Ft
10/10/2017 10/10/17 Price Changed $1,049,000 -1.9% $492 / Sq Ft
09/27/2017 09/27/17 Price Changed $1,069,000 -0.5% $501 / Sq Ft
09/20/2017 09/20/17 Price Changed $1,074,000 -0.5% $504 / Sq Ft
09/12/2017 09/12/17 Price Changed $1,079,000 -0.9% $506 / Sq Ft
08/26/2017 08/26/17 For Sale $1,089,000 -- $511 / 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 $13,460 $1,109,490 $757,701 $351,789
2024 $13,460 $1,087,737 $742,845 $344,892
2023 $13,201 $1,066,410 $728,280 $338,130
2022 $12,589 $1,045,500 $714,000 $331,500
2021 $12,309 $1,014,386 $735,824 $278,562
2020 $12,433 $1,003,986 $728,280 $275,706
2019 $11,942 $984,300 $714,000 $270,300
2018 $11,811 $965,000 $700,000 $265,000
2016 $9,246 $756,131 $452,706 $303,425
2015 $9,112 $744,774 $445,906 $298,868
2014 $9,156 $730,186 $437,172 $293,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-264778

The MLS

APN: 2416-026-005