$1,690,000
SOLD FEB 24, 2020
7 Beds
7 Baths
4,169 Sq Ft
0.29 Acres

Recently Sold

$405 Per Sq Ft

1% Below List Price

Highlights

  • Spa
  • Laundry Room
  • Back Yard
  • Senior Community
  • Central Air

About This Home

As of February 2020

A flawless investment property located in the heart of Valley Village has it all! Front home was built in 2012 and the back units were built in 2018. There are 2 back units, each with their own laundry area, a 3,000-Sqft storage space that is currently being lease from the city for $5,000.00 a year. All units have separate A/C units. Centrally located near Los Angeles Valley College, Ulysses S. Grant High School, Sharky’s Woodfired Mexican Grill, Walgreens, Valley Glen Community Park and much more. This has a possible high cap rate, a gated entry, an open back yard with a large patio and a pool with a spa.

Last Agent to Sell the Property

Benny Aghaee

JohnHart Real Estate License #01937000 Listed on: 01/28/2020

JohnHart Real Estate

Last Buyer's Agent

Victoria Arau

Pinnacle Estate Properties License #01242921

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,257

Year Built

  • Built in 2012

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Back Yard

Home Design

  • 4,169 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Air
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Spa

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 13673
  • Assessor Parcel Number 2343020006

Community Details

Overview

  • Senior Community
  • 2 Buildings
  • 3 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,257

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARE11
  • Property Type: Residential Income
  • Parcel Number: 2343020006
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 405.37
  • Spa Features: Community

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 12739.00
  • Lot Size Acres: 0.2924

Multi Family

  • Lot Size Area: 12739.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1236.02
  • Tax Lot: 113
  • Tax Tract Number: 13673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jan 26, 2020
Sold by
Kalaf Avraham
Bought by
Bi Xiaoxiao and Wang Hanbiao
Seller's Agent
Benny Aghaee
JohnHart Real Estate
Buyer's Agent
Victoria Arau
Pinnacle Estate Properties
List Price
$1,698,889
Sold Price
$1,690,000
Premium/Discount to List
-$8,889
-0.52%
Current Estimated Value
$2,219,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,481
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,352,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Kalaf Ben
Bought by
Kalaf Avraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.53%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 7, 2008
Sold by
Ben Shushan Eliahu
Bought by
Kalaf Ben and Kalaf Batsheva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2007
Sold by
Ben Shushan Eliahu
Bought by
Ben Shushan Eliahu

Purchase Details

Closed on
Jul 13, 2007
Sold by
Ben Shushan Eliahu
Bought by
Shushan Eliahu Ben and Assaraf David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 2007
Sold by
Ben Shushan Mazal
Bought by
Shushan Eliahu Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2007
Sold by
Wilson Gertrud
Bought by
Ben Shushan Eliahu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 2004
Sold by
Wilson Gertrud
Bought by
Wilson Gertrud and Paul Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,794
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 9, 2001
Sold by
Wilson Peter R
Bought by
Wilson Gertrud

Purchase Details

Closed on
Dec 12, 1996
Sold by
Wilson Gertrud M
Bought by
Wilson Gertrud M and Wilson Peter Ross
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,690,000 Stewart Title
Interfamily Deed Transfer -- North American Title Co Inc
Grant Deed $380,000 Stewart Title Of California
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Security Union Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Security Union Title
Grant Deed $700,000 Security Union Title
Interfamily Deed Transfer -- --
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,334,000 New Conventional
Closed $1,352,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $205,000 Unknown
Previous Owner $518,000 New Conventional
Previous Owner $500,000 Construction
Previous Owner $370,000 Purchase Money Mortgage
Previous Owner $70,000 Credit Line Revolving
Previous Owner $560,000 Negative Amortization
Previous Owner $810,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $578,794 Credit Line Revolving
Previous Owner $6,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $1,690,000 -0.5% $405 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $1,698,889 -- $408 / 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 $22,257 $1,848,258 $1,108,955 $739,303
2024 $22,257 $1,812,018 $1,087,211 $724,807
2023 $21,826 $1,776,490 $1,065,894 $710,596
2022 $20,813 $1,741,658 $1,044,995 $696,663
2021 $20,555 $1,707,508 $1,024,505 $683,003
2020 $15,201 $1,226,418 $423,965 $802,453
2019 $14,603 $1,202,371 $415,652 $786,719
2018 $11,195 $915,796 $407,502 $508,294
2016 $10,682 $880,236 $391,679 $488,557
2015 $10,526 $867,015 $385,796 $481,219
2014 $10,563 $850,032 $378,239 $471,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20009571

California Regional Multiple Listing Service (CRMLS)

APN: 2343-020-006