NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $2,334,000

8 Beds
6 Baths
2,839 Sq Ft
$614/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,675,000 $590 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,294/month

Highlights

  • New Construction
  • Primary Bedroom Suite
  • City View
  • Rooftop Deck
  • Gated Parking
  • 3-minute walk to Ord and Yale Street Park

About This Home

As of May 2021

BRAND NEW CONSTRUCTION with an amazing 360-degree view from the rooftop including sights such as the Music Center, Disney Hall, Grand Park, courthouses, and Dodger Stadium. This property offers two great units, each with 4 bedrooms & 3 bathrooms. The 4th bedroom and bathroom are on the ground level located at the front of the property and are separate from the rest of the unit. It may be possible to rent out these rooms separately.

Last Agent to Sell the Property

Chana Firestone

Compass License #01939330 Listed on: 03/16/2021

Compass

Last Buyer's Agent

Chana Firestone

Compass License #01939330 Listed on: 03/16/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,734

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,960 Sq Ft Lot
  • Fenced

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 2,839 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 6 Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 4 Car Garage
  • Carport
  • Garage Door Opener
  • Gated Parking

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5407-017-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,734

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 2839
  • Lot Acreage: 0.0680
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Common Walls, Drywall Walls, Turnkey, Recessed Lighting
  • Flooring: Carpet, Vinyl, Tile
  • Appliances: Range, Free Standing Gas, Microwave
  • Bedrooms: 8
  • Bedroom Features: Master Bedroom, WalkInCloset, Master Suite
  • Bathroom Features: Shower Stall, Low Flow Toilet(s), Low Flow Shower(s), Tile
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Stone Counters, Island
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Gas Dryer Hookup, Microwave, Garbage Disposal, Vented Exhaust Fan
  • Price Per S Q F T: 598.00
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Patio: Balcony, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport, Door Opener, Gated
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 19.01
  • Assessed Improvement Value: 109000
  • Assessed Land Percent: 80.99
  • Assessed Land Value: 464278
  • Total Assessed Value: 573278
  • Assessor Parcel Number: 5407-017-005
  • Lot Description: Alley Paved, Fenced, Street Paved
  • Lot Size Area: 2960

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 1
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
The Grand Llc
Bought by
Arzy Hossein and Bahar Sarvenaz
Current Estimated Value
$1,743,802

Purchase Details

Closed on
Jan 6, 2017
Sold by
Caudillo Margaret M
Bought by
The Grand Llc

Purchase Details

Closed on
Aug 7, 2009
Sold by
Caudillo Margaret M
Bought by
Caudillo Margaret M and The Margaret M Caudillo Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arzy Hossein $1,675,000 Equity Title Los Angeles
The Grand Llc $437,500 Equity Title
Caudillo Margaret M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Grand Llc $710,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,675,000 -1.4% $590 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,699,000 -- $598 / 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 $21,734 $1,813,072 $909,242 $903,830
2024 $21,734 $1,777,522 $891,414 $886,108
2023 $21,311 $1,742,670 $873,936 $868,734
2022 $20,083 $1,708,500 $856,800 $851,700
2021 $9,531 $796,539 $469,087 $327,452
2020 $7,048 $573,278 $464,278 $109,000
2019 $5,513 $455,175 $455,175 $0
2018 $5,433 $446,250 $446,250 $0
2016 $485 $33,021 $33,021 $0
2015 $479 $32,525 $32,525 $0
2014 $481 $31,888 $31,888 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-706108

The MLS

APN: 5407-017-005