NOT LISTED FOR SALE
3 Beds
2 Baths
26,042 Sq Ft
0.93 Acre Lot

Sale Details

Date Sold: May 18, 2012

Last sale price $4,000,000 $154 Per Sq Ft

33 Days on Market

About This Home

As of May 2012

Attractive courtyard property with lush landscaping, non-rent controlled, upside in rents and located on extra large double lot of 40,322 S.F., zoned LAR-3. 10.2 x gross & 6% cap with existing rents. 9.5x gross & 6.7% cap with rents at market. 12.8% return on down payment; 15.7% return with rents at market. Only $131,667/unit & $152/Bldg. S.F.

Last Agent to Sell the Property

Hamid Soroudi

Keller Williams Beverly Hills License #00708618 Listed on: 02/23/2012

Keller Williams Beverly Hills

Last Buyer's Agent

Ramin Gheitanchi

Keller Williams Beverly Hills License #01501715

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 40,322 Sq Ft Lot
  • Lot Dimensions are 127x317

Interior Spaces

  • 26,042 Sq Ft Home
  • 2-Story Property

Parking

  • 32 Parking Spaces
  • Carport

Community Details

  • 30 Units

Listing and Financial Details

  • Assessor Parcel Number 5838-039-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.93 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 26042
  • Lot Dimensions: 127x317
  • Stories: 2
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 151.68

Exterior Features

  • Construction: W/F Stucco
  • Pool: No

Garage/Parking

  • Covered Parking: 32
  • Parking Garage: Carport
  • Total Parking: 32

Lot Info

  • Assessor Parcel Number: 5838-039-005
  • Lot Size Area: 40322

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.20
  • Number Of Units: 30
  • Rent Control: 0
  • Type Of Units: 1,2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Mar 28, 2012
Sold by
Bought by
Seller's Agent
Hamid Soroudi
Keller Williams Beverly Hills
Buyer's Agent
Ramin Gheitanchi
Keller Williams Beverly Hills
List Price
$3,950,000
Sold Price
$4,000,000
Premium/Discount to List
$50,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
0.0394%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,000,040 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $2,250,000
Closed $2,800,000
Closed $2,975,000
Closed $2,375,000
Closed $1,290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $4,000,000 +1.3% $154 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $3,950,000 -- $152 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $32,175 $2,512,101 $1,507,262 $1,004,839
2024 $30,611 $2,462,845 $1,477,708 $985,137
2023 $30,361 $2,414,555 $1,448,734 $965,821
2022 $29,357 $2,367,212 $1,420,328 $946,884
2021 $28,152 $2,320,797 $1,392,479 $928,318
2019 $27,144 $2,253,063 $1,351,178 $901,885
2018 $27,496 $2,208,908 $1,324,685 $884,223
2016 $26,523 $2,122,078 $1,273,247 $848,831
2015 $26,225 $2,090,203 $1,254,122 $836,081
2014 $25,770 $2,049,260 $1,229,556 $819,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-583981

The MLS
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