NOT LISTED FOR SALE

Estimated Value: $1,882,000 - $2,505,000

7 Beds
4 Baths
3,079 Sq Ft
$676/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $1,500,000 $487 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,988/month

242 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Laundry Room
  • Private Yard
  • 2 Car Attached Garage
  • Central Air

About This Home

As of January 2019

3 Unit Property consists of a separate single family residence and a duplex in the rear. Live in the front house and get over $4,200 in rent from the two rear units. The property can be DELIVERED VACANT!
The front house is fully remodeled 3 bedroom, 2 bathroom and includes a large living room with a fireplace, flowing to an open dining room and kitchen. There is an enclosed patio/den used as an office. The front house has central AC and Heat.
The rear duplex includes on title as a 2 bedroom, 1 bath that is set up as a 3 bed, 1 bath. The other rear unit is a 1 bed, 1 bath. This building has new windows. There is a 2 car garage and plenty of parking in the rear for tenants.
Located in an Historic Overlay Area of Hollywood.
Perfect investment property for Air BnB or Rental Income.

This is directly adjacent to the property development by Onni's 429 unit Apartment project with 9,000 SF of retail. This property is in the heart of Hollywood!

Last Agent to Sell the Property

Travis Ely

TRAVIS ELY License #01895065 Listed on: 05/11/2018

Last Buyer's Agent

Michelle Nissani

Douglas Elliman License #01330453

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,724

Year Built

  • Built in 1953

Lot Details

  • 6,999 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Private Yard
  • Front Yard

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Asphalt Roof

Interior Spaces

  • 3,079 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace
  • Den with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 1210
  • Assessor Parcel Number 5546020011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,724

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5546020011
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3079.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Den, Dining Room, Kitchen
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 487.17
  • Room Type: Den, Laundry, Office

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 6999.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6999.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 1908.01
  • Tax Lot: 24
  • Tax Tract Number: 1210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Chang Stephanie
Bought by
Chang Victoria
Current Estimated Value
$2,081,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Outstanding Balance
$1,001,621
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,052,698

Purchase Details

Listed on
May 11, 2018
Closed on
Dec 20, 2018
Sold by
Morales Myrna A and Libot Myrna A
Bought by
Chang Stephanie
Seller's Agent
Travis Ely
TRAVIS ELY
Buyer's Agent
Michelle Nissani
Douglas Elliman
List Price
$1,725,000
Sold Price
$1,500,000
Premium/Discount to List
-$225,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,125,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
Alaba Janice
Bought by
Libot Myrna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 29, 2015
Sold by
Morales Madelle Laine Joy A
Bought by
Libot Myrna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 2014
Sold by
Laine Libot Myrna A and Laine Joy Madelle
Bought by
Libot Myrna A and Morales Madelle Laine Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
Libot Myrna A
Bought by
Libot Myrna A and Morales Madelle Laine Joy A

Purchase Details

Closed on
Apr 29, 2002
Sold by
Libot Jocil Sabo
Bought by
Libot Myrna A Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.94%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Nelson William Klore
Bought by
Libot Myrna A Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 27, 1994
Sold by
Nelson Azalia A
Bought by
Klore Nelson Azalia A and Klore Nelson William
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
Chang Victoria $1,500,000 North American Title
Chang Stephanie $1,500,000 Chicago Title Company
Morales Myrna A -- Chicago Title Company
Libot Myrna A -- None Available
Libot Myrna A -- Provident Title Company
Libot Myrna A -- Chicago Title Company
Libot Myrna A -- None Available
Libot Myrna A Morales -- American Title Co
Libot Myrna A Morales $240,000 American Title Co
Klore Nelson Azalia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Victoria $1,125,000
Previous Owner Chang Stephanie $1,125,000
Previous Owner Libot Myrna A $200,000
Previous Owner Libot Myrna A $200,000
Previous Owner Libot Myrna A Morales $630,000
Previous Owner Libot Myrna A Morales $117,000
Previous Owner Libot Myrna A Morales $455,000
Previous Owner Libot Myrna A Morales $301,000
Previous Owner Libot Myrna A Morales $27,367
Previous Owner Libot Myrna A Morales $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $1,500,000 -6.3% $487 / Sq Ft
08/18/2018 08/18/18 Price Changed $1,600,000 -7.2% $520 / Sq Ft
05/11/2018 05/11/18 For Sale $1,725,000 -- $560 / 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 $19,724 $1,640,464 $1,038,961 $601,503
2024 $19,724 $1,608,299 $1,018,590 $589,709
2023 $19,344 $1,576,765 $998,618 $578,147
2022 $18,450 $1,545,849 $979,038 $566,811
2021 $18,216 $1,515,540 $959,842 $555,698
2020 $18,846 $1,530,000 $1,122,000 $408,000
2019 $11,891 $505,840 $331,074 $174,766
2018 $6,310 $495,923 $324,583 $171,340
2016 $6,013 $476,668 $311,980 $164,688
2015 $5,929 $469,509 $307,294 $162,215
2014 $5,968 $460,313 $301,275 $159,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18111534

California Regional Multiple Listing Service (CRMLS)

APN: 5546-022-023