Seller's Agent in 2023
Brad Korb
Brad Korb Real Estate Group
(818) 859-0310
22 in this area
359 Total Sales
5431 Cartwright Ave North Hollywood, CA 91601
North Hollywood NeighborhoodEstimated Value: $1,061,000 - $1,374,799
5
Beds
3
Baths
1,890
Sq Ft
$616/Sq Ft
Est. Value
Highlights
- Laundry Room
- Back and Front Yard
- 1-Story Property
About This Home
As of August 2023Welcome to this extraordinary duplex in the heart of the North Hollywood Arts District. This mini gated estate offers a great owner unit and an additional unit, providing ample living space and investment potential. The owner unit features 3 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet for added convenience. The renovated kitchen showcases stainless steel appliances, offering a modern and stylish culinary experience. The two-car detached garage provides secure parking and storage space. The second unit offers 2 bedrooms and 1 bathroom, ensuring comfort and versatility. Both units have undergone remodels, boasting updated kitchens and bathrooms that add to the overall appeal. Don't miss this incredible opportunity to own a versatile duplex in the sought-after North Hollywood Arts District.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,678
Year Built
- Built in 1948
Lot Details
- 5,853 Sq Ft Lot
- 1 Common Wall
- Back and Front Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,890 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Listing and Financial Details
- Legal Lot and Block 8 / 4
- Tax Tract Number 10203
- Assessor Parcel Number 2416016019
- $315 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $12,500
- Operating Expense $16,900
- Gross Income $58,800
- Net Operating Income $41,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2023
Closed on
Aug 3, 2023
Sold by
Bi Yun Chiang Revocable Trust
Bought by
Maples Matthew R
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
May Kunka
Compass-Pasadena
List Price
$999,999
Sold Price
$1,030,000
Premium/Discount to List
$30,001
3%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,950
Avg. Annual Appreciation
6.32%
Original Mortgage
$824,000
Outstanding Balance
$806,826
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$358,124
Purchase Details
Closed on
Feb 11, 1998
Sold by
Bi Yun Chiang
Bought by
Chiang Bi Yun and The Bi Yun Chiang Revocable Trust
Purchase Details
Closed on
Mar 18, 1994
Sold by
Chiang Shao Yuan
Bought by
Chiang Bi Yun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.21%
Purchase Details
Closed on
Oct 22, 1993
Sold by
Chiang Shao Yuan
Bought by
Chiang Bi Yun
Purchase Details
Closed on
Sep 8, 1993
Sold by
Chiang Bi Yun
Bought by
Chiang Bi Yun and Bi Yun Chiang Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maples Matthew R | $1,030,000 | Fidelity National Title | |
| Chiang Bi Yun | -- | -- | |
| Chiang Bi Yun | -- | Stewart Title | |
| Chiang Bi Yun | -- | Stewart Title | |
| Chiang Bi Yun | -- | -- | |
| Chiang Bi Yun | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maples Matthew R | $824,000 | |
| Previous Owner | Chiang Bi Yun | $248,500 | |
| Previous Owner | Chiang Bi Yun | $97,475 | |
| Previous Owner | Chiang Bi Yun | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $1,030,000 | +3.0% | $545 / Sq Ft |
| 08/22/2023 08/22/23 | Price Changed | $999,999 | -2.9% | $529 / Sq Ft |
| 07/31/2023 07/31/23 | Price Changed | $1,029,920 | +3.0% | $545 / Sq Ft |
| 07/19/2023 07/19/23 | For Sale | $999,999 | -- | $529 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,678 | $1,050,600 | $816,000 | $234,600 |
| 2024 | $12,678 | $1,030,000 | $800,000 | $230,000 |
| 2023 | $3,116 | $239,996 | $101,146 | $138,850 |
| 2022 | $2,976 | $235,291 | $99,163 | $136,128 |
| 2021 | $2,930 | $230,678 | $97,219 | $133,459 |
| 2019 | $2,844 | $223,838 | $94,337 | $129,501 |
| 2018 | $2,741 | $219,450 | $92,488 | $126,962 |
| 2016 | $2,599 | $210,931 | $88,898 | $122,033 |
| 2015 | $2,562 | $207,763 | $87,563 | $120,200 |
| 2014 | $2,581 | $203,694 | $85,848 | $117,846 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Korb
-
May Kunka
Buyer's Agent in 2023
May Kunka
Compass-Pasadena
(626) 202-6030
1 in this area
85 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23116054
APN: 2416-016-019
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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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