NOT LISTED FOR SALE

Estimated Value: $1,435,000 - $2,677,067

4 Beds
2 Baths
2,204 Sq Ft
$794/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $1,111,111 $504 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,058/month

15 Days on Market

Highlights

  • Wood Flooring
  • Jalousie or louvered window
  • Laundry Room
  • Spanish Architecture
  • Front Porch
  • Shed

About This Home

As of October 2020

1923 side by side Spanish Duplex nestled mid-block in Larchmont Village. Great curb appeal. Each unit has 2 tandem bedrooms and 1 bath with hardwood floors. Each unit just over 1100 sf. Will be delivered vacant. Centrally located near Larchmont Village, close to LATC and Wilshire Country Club and restaurants on Melrose. Do not disturb occupants. No physical open houses allowed at this time. No HPOZ.

Last Agent to Sell the Property

Eileen Lanza

Keller Williams Larchmont License #01393915 Listed on: 09/09/2020

Keller Williams Larchmont

Last Buyer's Agent

Eileen Lanza

Keller Williams Larchmont License #01393915 Listed on: 09/09/2020

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,416

Year Built

  • Built in 1923

Lot Details

  • 5,087 Sq Ft Lot
  • East Facing Home

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Flat Roof Shape

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Jalousie or louvered window
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Gravity Heating System
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5523-029-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,416

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2204
  • Lot Acreage: 0.1168
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 1
  • Number Range: 1
  • Number Refrigerator: 1
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Mixed
  • Appliances: Oven
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 498.64
  • Windows: Jalousie/Louvered

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Water District: LADWP
  • Heating: Gravity
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 16.67
  • Assessed Improvement Value: 101824
  • Assessed Land Percent: 83.33
  • Assessed Land Value: 509155
  • Total Assessed Value: 610979
  • Assessor Parcel Number: 5523-029-028
  • Lot Size Area: 5087

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Atta
  • Vacancy Rate: 100

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 26, 2020
Sold by
Mulkerin Edward
Bought by
Barghouti Shana
Seller's Agent
Eileen Lanza
Keller Williams Larchmont
Buyer's Agent
Eileen Lanza
Keller Williams Larchmont
List Price
$1,099,000
Sold Price
$1,111,111
Premium/Discount to List
$12,111
1.1%
Current Estimated Value
$1,809,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,961
Avg. Annual Appreciation
9.89%
Original Mortgage
$888,888
Outstanding Balance
$792,787
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$956,480

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 16, 2020
Sold by
Stolberg Kip and Stolberg Debra
Bought by
Barghouti Shana
Seller's Agent
Eileen Lanza
Keller Williams Larchmont
Buyer's Agent
Eileen Lanza
Keller Williams Larchmont
List Price
$1,099,000
Sold Price
$1,111,111
Premium/Discount to List
$12,111
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,888
Outstanding Balance
$792,787
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$956,480

Purchase Details

Closed on
Apr 29, 2002
Sold by
Kim Laura C
Bought by
Stolberg Kip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.13%

Purchase Details

Closed on
Oct 21, 1993
Sold by
Kim Laura C
Bought by
Kim Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
6.95%
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
Barghouti Shana -- Fidelity National Title Co
Barghouti Shana $1,111,500 Fidelity National Title Co
Stolberg Kip $480,000 American Title Co
Kim Laura C -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barghouti Shana $888,888
Previous Owner Stolberg Kip $630,000
Previous Owner Stolberg Kip $425,000
Previous Owner Stolberg Kip $455,000
Previous Owner Stolberg Kip $436,000
Previous Owner Stolberg Kip $384,000
Previous Owner Kim Laura C $100,000
Previous Owner Kim Laura C $213,200
Closed Stolberg Kip $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $1,111,111 +1.1% $504 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $1,099,000 -- $499 / 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 $14,416 $1,411,680 $1,122,000 $289,680
2024 $14,416 $1,179,106 $902,026 $277,080
2023 $14,139 $1,155,988 $884,340 $271,648
2022 $13,484 $1,133,322 $867,000 $266,322
2021 $13,312 $1,111,100 $850,000 $261,100
2019 $7,716 $635,661 $529,724 $105,937
2018 $7,633 $623,198 $519,338 $103,860
2016 $7,286 $599,000 $499,172 $99,828
2015 $7,179 $590,003 $491,674 $98,329
2014 $7,212 $578,446 $482,043 $96,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-629020

The MLS

APN: 5523-029-028