NOT LISTED FOR SALE

5825 Benner St Los Angeles, CA 90042

Estimated Value: $1,048,000 - $1,402,599

4 Beds
113 Baths
2,144 Sq Ft
$573/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $850,000 $396 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,420/month

131 Days on Market

Highlights

  • Views
  • Foothills
  • East Facing Home
  • Laundry Room
  • Detached Carport Space
  • 4-minute walk to Tierra de la Culebra Park

About This Home

As of January 2021

Outstanding Opportunity ! ! Priced to sell. Charming Craftsman American Foursquare two story duplex situated on a spacious corner lot. Perfect choice for someone that wants to live in one and rent out the other. Downstairs unit has a large bright kitchen, lovely living room, Sitting room, one bedroom and 1,1/2 Baths. Upstairs unit has a Kitchen with eating area,3 spacious bedrooms and 1 Bath. Fenced yard with patio and garden areas. Six parking spaces. 3 car garage needs work. Wonderful location near everything. Call today about this amazing property. Trust Sale sold in As Is condition.

Last Agent to Sell the Property

Barbara Campanella

Coldwell Banker Realty License #00707032 Listed on: 07/16/2020

Coldwell Banker Realty

Last Buyer's Agent

Michael Nigosian

Michael Nigosian Realtor License #01892381

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,163

Year Built

  • Built in 1916

Lot Details

  • 6,809 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Chain Link Fence
  • No Sprinklers

Parking

  • 3 Car Garage
  • Detached Carport Space
  • Parking Available
  • Two Garage Doors

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 113 Bathrooms

Additional Features

  • Rain Gutters
  • Heating Available

Listing and Financial Details

  • Tenant pays for sewer
  • Tax Lot 12
  • Assessor Parcel Number 5492010017

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Foothills

Building Details

  • 2 Leased Units
  • Rent Control
  • Electric Expense $180
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $6,000
  • New Taxes Expense $10,625
  • Operating Expense $7,200
  • Gross Income $40,200
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,163

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Highland Park Addition
  • View: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5492010017
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Entry Level: 1
  • Levels: Multi/Split

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage - Two Door
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Gutters, Foothills

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers None
  • Lot Size: approx. 41 x 164
  • Lot Size Sq Ft: 6809.00
  • Lot Size Acres: 0.1563

Rental Info

  • Tenant Pays: Sewer

Multi Family

  • Electric Expense: 180.00
  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6809.0000 Square Feet
  • Net Operating Income: 33000.00
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Rent Control: Yes
  • Total Actual Rent: 3350.00
  • Total Expenses: 7200.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Nigosian Michael Nickolas
Bought by
Michael Nigosian Living Trust and Nigosian
Current Estimated Value
$1,227,650

Purchase Details

Listed on
Jul 16, 2020
Closed on
Dec 8, 2020
Sold by
Beatriz A Salazar Living Trust and Salazar Adolph
Bought by
Nigosian Michael Nickolas
Seller's Agent
Barbara Campanella
Coldwell Banker Realty
Buyer's Agent
Michael Nigosian
Michael Nigosian Realtor
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$680,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Salazar Beatriz A
Bought by
Lira Beatriz C Salazar and Salazar Laura
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
Michael Nigosian Living Trust -- None Listed On Document
Nigosian Michael Nickolas $850,000 Equity Title
Lira Beatriz C Salazar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nigosian Michael Nickolas $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $850,000 0.0% $396 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $850,000 -- $396 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,163 $920,066 $649,458 $270,608
2024 $11,163 $902,026 $636,724 $265,302
2023 $10,948 $884,340 $624,240 $260,100
2022 $10,440 $867,000 $612,000 $255,000
2021 $805 $41,388 $23,975 $17,413
2020 $807 $40,965 $23,730 $17,235
2019 $787 $40,163 $23,265 $16,898
2018 $733 $39,376 $22,809 $16,567
2016 $677 $37,849 $21,924 $15,925
2015 $671 $37,281 $21,595 $15,686
2014 $688 $36,551 $21,172 $15,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820002744

Pasadena-Foothills Association of REALTORS®

APN: 5492-010-017