NOT LISTED FOR SALE

Estimated Value: $1,587,000 - $2,166,435

5 Beds
3 Baths
2,599 Sq Ft
$761/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $1,300,000 $500 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,212/month

32 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2-minute walk to Lexington Park
  • STEM Academy at Bernstein High Rated A-
  • Central Heating

About This Home

As of December 2018

Land Value, many projects are been develop in the near area. Call your Real Estate Developers, this is a great location in the HEART of Hollywood, high demand for modern and upscale condos, buyer to investigate how many units will the city will allow at subject address. Property is selling as is conditions

Last Agent to Sell the Property

Gus Rigali

All West Real Estate License #00682802 Listed on: 10/20/2018

Co-Listed By

Anthony Mendez

A.M. & Associates License #01044262

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,499

Year Built

  • Built in 1920

Lot Details

  • 7,492 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • 2,599 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating

Listing and Financial Details

  • Tax Lot 012
  • Tax Tract Number 190901
  • Assessor Parcel Number 5536002012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

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

$17,499

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 562-843-3737
  • Property Attached: No
  • Subdivision Name Other: La Paloma Tract
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5536002012
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 500.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7492.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lot Size Area: 7492.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1909.01
  • Tax Lot: 012
  • Tax Tract Number: 190901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Hollywood Real Estate & Investment Llc
Bought by
Han Zhongyi
Current Estimated Value
$1,977,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$742,922
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$1,234,687

Purchase Details

Listed on
Oct 20, 2018
Closed on
Nov 21, 2018
Sold by
Chavez Salvador and Chavez Ramon
Bought by
Hollywood Real Estate Investment & Devel
Seller's Agent
Gus Rigali
All West Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Chavez Salvador
Bought by
Chavez Salvador and Chavez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Cruz Guillermina
Bought by
Chavez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2003
Sold by
Chavez Salvador and Cruz Jose
Bought by
Cruz Guillermina

Purchase Details

Closed on
May 12, 2002
Sold by
Cruz Jose and Cruz Guillermina
Bought by
Chavez Salvador

Purchase Details

Closed on
Mar 28, 1996
Sold by
Chavez Dolores
Bought by
Chavez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,264
Interest Rate
6.98%

Purchase Details

Closed on
Mar 26, 1996
Sold by
Sterling Bank
Bought by
Chavez Salvador and Cruz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,264
Interest Rate
6.98%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Professional Foreclosure Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Han Zhongyi -- Stewart Title Of California In
Han Zhongyi -- Stewart Title Of California In
Hollywood Real Estate Investment & Devel $1,300,000 First American Title A
Chavez Salvador -- First American Title Ins Co
Chavez Ramon -- First American Title Ins Co
Chavez Salvador -- First American Title Ins Co
Chavez Salvador -- --
Cruz Guillermina $250,000 --
Chavez Salvador -- --
Chavez Salvador -- --
Chavez Salvador -- Commonwealth Land Title
Chavez Salvador $135,000 Commonwealth Title
Federal Home Loan Mortgage Corporation $166,500 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Zhongyi $750,000
Previous Owner Chavez Salvador $626,000
Previous Owner Chavez Salvador $480,000
Previous Owner Cruz Guillermina $357,500
Previous Owner Cruz Guillermina $245,000
Previous Owner Chavez Salvador $122,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $1,300,000 -13.3% $500 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/20/2018 10/20/18 For Sale $1,500,000 -- $577 / 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 $17,499 $1,320,000 $1,120,000 $200,000
2024 $17,499 $1,421,738 $995,217 $426,521
2023 $17,164 $1,393,861 $975,703 $418,158
2022 $16,371 $1,366,531 $956,572 $409,959
2021 $16,166 $1,339,737 $937,816 $401,921
2019 $15,684 $1,300,000 $910,000 $390,000
2018 $12,310 $1,003,643 $827,695 $175,948
2016 $9,862 $805,000 $670,800 $134,200
2015 $9,863 $805,000 $670,800 $134,200
2014 $10,097 $805,000 $670,800 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18255966

California Regional Multiple Listing Service (CRMLS)

APN: 5536-002-012