NOT LISTED FOR SALE

5517 Romaine St Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,221,000 - $1,566,177

5 Beds
4 Baths
3,460 Sq Ft
$416/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $1,026,000 $297 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,685/month

18 Days on Market

Highlights

  • Laundry Room
  • STEM Academy at Bernstein High Rated A-
  • 1-Story Property

About This Home

As of January 2018

ALL UNITS TO BE DELIVERED VACANT. This is an excellent opportunity for owner/user or investor to acquire a duplex at a GREAT PRICE with huge upside potential.Front house features 3BD+1BTH with a large living room w/fireplace and a formal dining area.All bedrooms are very spacious and generous in size(1915SF).The upstairs rear unit features 2BD+2BTH(1125SF) plus an additional playroom downstairs with its separate bathroom(420SF).Conveniently located minutes from Larchmont Village,Korea Town,Hollywood and Freeways.

Last Agent to Sell the Property

John Ban

Hampton Realty & Investment License #01441445 Listed on: 10/10/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,172

Year Built

  • Built in 1907

Lot Details

  • 7,007 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,460 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 1917
  • Assessor Parcel Number 5536020009

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,172

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5536020009
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 296.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7007.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1917.20
  • Tax Lot: 9
  • Tax Tract Number: 1917.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Dannyhai Shuster
Bought by
Peat Lp
Current Estimated Value
$1,555,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2019
Sold by
Peat Lp
Bought by
Shuster Dannyhai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,108,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2017
Closed on
Feb 6, 2018
Sold by
Shuster Dannyhai
Bought by
Peat Lp
Seller's Agent
John Ban
Hampton Realty & Investment
List Price
$948,000
Sold Price
$1,026,000
Premium/Discount to List
$78,000
8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$814,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jan 16, 2018
Sold by
Yim Sung K
Bought by
Shuster Dannyhai
Seller's Agent
John Ban
Hampton Realty & Investment
List Price
$948,000
Sold Price
$1,026,000
Premium/Discount to List
$78,000
8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2006
Sold by
Yim Kory Yong Sun
Bought by
Yim Sung K and Yim Do Ja

Purchase Details

Closed on
Aug 12, 2004
Sold by
Yim Sung K
Bought by
Yim Kory Yong Sun
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
Peat Lp -- None Listed On Document
Shuster Dannyhai -- Ticor Title
Peat Lp -- None Available
Shuster Dannyhai $1,026,000 Ticor Title Company
Yim Sung K -- None Available
Yim Kory Yong Sun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shuster Dannyhai $1,305,000
Previous Owner Shuster Dannyhai $1,108,000
Previous Owner Shuster Dannyhai $814,500
Previous Owner Yim Sung K $938,250
Previous Owner Yim Sung K $169,000
Previous Owner Yim Sung K $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $1,026,000 +8.2% $297 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $948,000 -- $274 / 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 $17,172 $1,422,018 $1,061,208 $360,810
2024 $17,172 $1,394,136 $1,040,400 $353,736
2023 $16,844 $1,366,800 $1,020,000 $346,800
2022 $16,064 $1,339,737 $1,030,567 $309,170
2021 $15,871 $1,313,468 $1,010,360 $303,108
2019 $12,688 $1,046,520 $724,200 $322,320
2018 $2,523 $190,774 $49,318 $141,456
2016 $2,404 $183,367 $47,403 $135,964
2015 $2,371 $180,613 $46,691 $133,922
2014 $2,395 $177,076 $45,777 $131,299
Source: Public Records

Agents Affiliated with this Home

  • John Ban

    Seller's Agent in 2018

    John Ban

    Hampton Realty & Investment

    (213) 422-2448

    19 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17233720

California Regional Multiple Listing Service (CRMLS)

APN: 5536-020-009

California Los Angeles County Los Angeles 90038 Hollywood

5517 Romaine St, Los Angeles, CA

This home is located at 5517 Romaine St, Los Angeles, CA 90038 since 10 October 2017 and is currently estimated at $1,440,794, approximately $416 per square foot. This property was built in 1907. 5517 Romaine St is a home located in Los Angeles County with nearby schools including Joseph Le Conte Middle School, STEM Academy at Bernstein High, and Helen Bernstein High School.

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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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