NOT LISTED FOR SALE

Estimated Value: $1,826,386 - $1,971,000

3 Beds
2 Baths
1,815 Sq Ft
$1,046/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $1,275,000 $702 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,621/month

131 Days on Market

Highlights

  • Craftsman Architecture
  • Ground Level Unit
  • Enclosed Patio or Porch
  • STEM Academy at Bernstein High Rated A-
  • 3 Car Attached Garage
  • 4-minute walk to Seily Rodriguez Park

About This Home

As of October 2018

Excellent development opportunity on an R3 zoned, 7500 sqft lot. Located in the Hollywood Forever prime area of East Hollywood. Close to the Hollywood Palladium Residences development site along with proximity to Paramount Studios and Raleigh Studios. There is exciting gentrification happening in this neighborhood with nearness to Metro Line access. With a high walkability score of 85, your dependency on a car can certainly be diminished!

Last Agent to Sell the Property

Amy Frelinger

Douglas Elliman of California, Inc. License #01484711 Listed on: 05/30/2018

Douglas Elliman of California, Inc.

Last Buyer's Agent

Edgard Pearce

License #01705252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,884

Year Built

  • Built in 1916

Lot Details

  • 7,499 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Back Yard

Home Design

  • Craftsman Architecture
  • Fixer Upper

Interior Spaces

  • 1,815 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5534-018-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,884

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1815
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1916
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 674.93

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Driveway, Garage, Garage Is Detached, On street
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water: District

Fee Information

  • Other Expense: 300.00

Lot Info

  • Assessor Parcel Number: 5534-018-009
  • Geocode Override: No
  • Lot Description: Back Yard, Curbs, Lot Shape-Rectangular, Sidewalks, Single Lot, Street Lighting, Street Paved, Utilities - Overhead
  • Lot Location: City
  • Lot Size Area: 7499

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2-4
  • Vacancy Rate: 100%

Tax Info

  • Private Transfer Taxes: Yes
  • Tax Expense: 1900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Sep 12, 2018
Sold by
Leoni Mark James and The Raymond John Leoni And Mar
Bought by
Formosa Bureau Of Investments Llc
Seller's Agent
Amy Frelinger
Douglas Elliman of California, Inc.
Buyer's Agent
Edgard Pearce
List Price
$1,200,000
Sold Price
$1,275,000
Premium/Discount to List
$75,000
6.25%
Current Estimated Value
$1,874,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,600
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Feb 18, 2009
Sold by
The Eloise Junkin Educational Trust
Bought by
The Colonial Williamsburg Foundation

Purchase Details

Closed on
Mar 16, 2006
Sold by
Leoni Margaret
Bought by
Leoni Margaret E and Raymond John Leoni & Margaret Eileen Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2006
Sold by
Leoni Margaret E and Leoni Raymond John
Bought by
Leoni Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 1995
Sold by
Leoni Sally Cecilia and Sally Cecilia Leoni 1991 Trust
Bought by
Leoni Raymond J
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
Formosa Bureau Of Investments Llc $1,275,000 First American Title
The Colonial Williamsburg Foundation -- Equity Title
Leoni Margaret E -- Accommodation
Leoni Margaret -- Gateway Title Company
Leoni Raymond J -- Pacific Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leoni Mark James $938,250
Previous Owner Leoni Margaret $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $1,275,000 +4.1% $702 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $1,225,000 +2.1% $675 / Sq Ft
05/30/2018 05/30/18 For Sale $1,200,000 -- $661 / 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 $16,884 $1,422,285 $1,422,285 --
2024 $16,884 $1,394,398 $1,394,398 --
2023 $16,555 $1,367,057 $1,367,057 $0
2022 $15,780 $1,340,252 $1,340,252 $0
2021 $15,782 $1,313,972 $1,030,567 $283,405
2019 $15,310 $1,275,000 $1,000,000 $275,000
2018 $2,018 $153,848 $112,742 $41,106
2016 $1,913 $147,875 $108,365 $39,510
2015 $1,887 $145,655 $106,738 $38,917
2014 $1,908 $142,803 $104,648 $38,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-349016

The MLS

APN: 5534-018-009