NOT LISTED FOR SALE

615 Westbourne Dr West Hollywood, CA 90069

Estimated Value: $2,497,000 - $2,587,701

3 Beds
3 Baths
2,308 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $1,826,000 $791 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $15,796/month

12 Days on Market

About This Home

As of December 2019

Attention: Builders, Developers, Investors. Opportunity knocks in West Hollywood!! 1923 Duplex. Major fixer or tear down. Front unit vacant at COE. Back unit vacant at end of leaseback. North of trendy Melrose Avenue and West of La Cienega! The building is 2306 sq. ft. situated on a 6,002 square foot lot.

Last Agent to Sell the Property

Melody Rogers

Nourmand & Associates-BH License #01219625 Listed on: 09/11/2019

Nourmand & Associates-BH

Last Buyer's Agent

David Shaaya

Continental R.E. Services Inc. License #01809265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,674

Year Built

  • Built in 1923

Lot Details

  • 6,002 Sq Ft Lot
  • Tear Down

Home Design

  • 2,308 Sq Ft Home
  • Duplex
  • Craftsman Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Additional Features

  • Laundry in Kitchen
  • Ground Level Unit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4337-011-082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,674

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 2308
  • Probate: No
  • Property Condition: Fixer, Tear Down
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 777.73

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat, Shingle
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 171016
  • Assessed Land Value: 250101
  • Assessor Parcel Number: 4337-011-082
  • Geocode Override: No
  • Lot Size Area: 6002

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 16, 2019
Sold by
Pritt Jeanne
Bought by
Melrose Collection Llc
Seller's Agent
Melody Rogers
Nourmand & Associates-BH
Buyer's Agent
David Shaaya
Continental R.E. Services Inc.
List Price
$1,795,000
Sold Price
$1,826,000
Premium/Discount to List
$31,000
1.73%
Current Estimated Value
$2,541,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,425
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,186,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2019
Sold by
Carter Susan B
Bought by
Pritt Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1994
Sold by
Carter Susan B and Pritt Jeanne
Bought by
Carter Susan B

Purchase Details

Closed on
Oct 25, 1994
Sold by
York Barbara
Bought by
Pritt Jeanne
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
Melrose Collection Llc $1,826,000 Chicago Title Company
Pritt Jeanne -- Chicago Title Company
Carter Susan B -- Orange Coast Title
Pritt Jeanne -- Orange Coast Title
Pritt Jeanne -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melrose Collection Llc $1,620,000
Previous Owner Melrose Collection Llc $1,186,900
Previous Owner Carter Susan B $162,500
Previous Owner Carter Susan B $285,000
Previous Owner Carter Susan B $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $1,826,000 +1.7% $791 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $1,795,000 -- $778 / 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 $24,674 $1,996,994 $1,887,631 $109,363
2024 $24,674 $1,957,838 $1,850,619 $107,219
2023 $24,172 $1,919,450 $1,814,333 $105,117
2022 $22,888 $1,881,814 $1,778,758 $103,056
2021 $22,631 $1,844,917 $1,743,881 $101,036
2019 $6,237 $438,129 $260,205 $177,924
2018 $6,065 $429,539 $255,103 $174,436
2016 $5,801 $412,861 $245,198 $167,663
2015 $5,720 $406,660 $241,515 $165,145
2014 $5,723 $398,696 $236,785 $161,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-509818

The MLS

APN: 4337-011-082