$1,372,000
SOLD MAR 26, 2025
5 Beds
5 Baths
3,018 Sq Ft
8,980 Sq Ft Lot

Recently Sold

$455 Per Sq Ft

9% Below List Price

36 Days on Market

Highlights

  • City View
  • Central Heating and Cooling System
  • 5-minute walk to Franklin-Ivar Park
  • Traditional Architecture

About This Home

As of March 2025

Turnkey Duplex + Permitted Recreation Room in Highly Coveted Hollywood Dell. Nestled in the enchanting enclave of Hollywood Dell - one of Los Angeles' most sought-after neighborhoods since the 1920s - this income-producing gem offers a rare combination of charm, convenience, and modern upgrades. Situated on a generous lot almost 9,000 sq. ft., this fully updated duplex features two beautifully renovated units. The upper unit boasts an updated kitchen, refreshed bathrooms, hardwood floors, and a cozy fireplace, creating a warm and inviting living space. The lower unit, currently vacant and ready for immediate occupancy, offers a remodeled kitchen, updated bathrooms, a dedicated laundry room, and stunning hardwood floors. This unit also includes a permitted recreation room, complete with a bathroom, making it an ideal space for a home office, studio, or additional living area. The property's sun-kissed outdoor spaces include a serene wooded deck, a vibrant vegetable garden, and lush greenery with storybook views of Hollywood. Ample off-street parking accommodates both residents and guests with ease. With LAR2 zoning, there's exciting potential for further development. Located just minutes from the iconic Hollywood Bowl, with convenient access to the 101 Freeway, shopping, schools, and entertainment, this property is an exceptional investment opportunity. Whether you're looking for a turnkey income property or a versatile multi-generational living solution, this property offers it all in the heart of Hollywood Dell.

Last Agent to Sell the Property

Brad Keyes

Keyes Real Estate License #01857106 Listed on: 01/23/2025

Co-Listed By

Josh Stein-Sapir

Keyes Real Estate License #01979910

Last Buyer's Agent

Lisa Gerdes

Realty World California Agents License #00994438

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,415

Year Built

  • Built in 1940

Home Design

  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 3,018 Sq Ft Home
  • 2-Story Property
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Additional Features

  • 8,980 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5576-019-047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,415

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3018
  • Lot Acreage: 0.2062
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Freezer, Washer, Dryer
  • Price Per S Q F T: 463.88

Exterior Features

  • Other Structures: None
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 33.08
  • Assessed Improvement Value: 551480
  • Assessed Land Percent: 66.92
  • Assessed Land Value: 1115517
  • Total Assessed Value: 1666997
  • Assessor Parcel Number: 5576-019-047
  • Lot Size Area: 8980

Rental Info

  • Total Actual Rent: 5150.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.72
  • Number Of Units: 2
  • Total Annual Expense: 33500
  • Type Of Units: Apartment
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Dec 20, 2024
Sold by
Ruhlettes Llc
Bought by
Mr Rehab Inc
Seller's Agent
Jorgi Paul
Pellego, Inc.
Buyer's Agent
Jorgi Paul
Pellego, Inc.
List Price
$1,649,000
Sold Price
$1,250,000
Premium/Discount to List
-$399,000
-24.2%
Views
4
Current Estimated Value
$1,362,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,082
Avg. Annual Appreciation
17.96%
Original Mortgage
$1,089,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2024
Sold by
Rhodes Alexandra Palmer and Ruh Natalie Marika
Bought by
Ruhlettes Llc

Purchase Details

Closed on
Jan 2, 2019
Sold by
The Ruhlettes Llc
Bought by
Rhodes Alexandra Palmer and Ruh Natalie Marika

Purchase Details

Closed on
Oct 31, 2017
Sold by
Amherst Exchange Corporation
Bought by
The Ruhlettes Llc

Purchase Details

Listed on
Jan 5, 2017
Closed on
Apr 25, 2017
Sold by
Gililland Carol S and Gililland John L
Bought by
Amherst Exchange Corporation
Seller's Agent
Eileen Walsh
Allison James Estates & Homes
Buyer's Agent
William Drucker
Keller Williams Realty Los Feliz
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Jacobs William
Bought by
Gililland Carol S and Gililland John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,975
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Jacobs William and Richard E Loring Living Trust
Bought by
Jacobs William

Purchase Details

Closed on
Apr 27, 2000
Sold by
Loring Richard E
Bought by
Loring Richard E and The Richard E Loring Trust
Source: Public Records

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Range of Values:

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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 $1,250,000 First American Title Company
Grant Deed -- First American Title Company
Grant Deed -- First American Title Company
Grant Deed -- None Available
Grant Deed $1,478,000 North American Title
Grant Deed $1,325,000 North American Title
Grant Deed $950,000 Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,089,000 Construction
Previous Owner $416,183 New Conventional
Previous Owner $319,975 New Conventional
Previous Owner $470,000 Credit Line Revolving
Previous Owner $370,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $1,372,000 -2.0% $455 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/10/2025 02/10/25 Price Changed $1,399,995 -6.7% $464 / Sq Ft
01/23/2025 01/23/25 For Sale $1,499,995 +20.0% $497 / Sq Ft
01/13/2025 01/13/25 Sold $1,250,000 -24.2% $492 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $1,649,000 0.0% $649 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $1,649,000 -3.0% $649 / Sq Ft
09/05/2024 09/05/24 For Sale $1,700,000 +28.3% $670 / Sq Ft
05/30/2017 05/30/17 Sold $1,325,000 -1.8% $486 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $1,349,000 -3.3% $495 / Sq Ft
02/16/2017 02/16/17 Price Changed $1,395,000 -3.5% $512 / Sq Ft
01/24/2017 01/24/17 Price Changed $1,445,000 -3.3% $530 / Sq Ft
01/05/2017 01/05/17 For Sale $1,495,000 -- $548 / 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
2024 $20,415 $1,666,997 $1,115,517 $551,480
2023 $20,018 $1,634,312 $1,093,645 $540,667
2022 $19,109 $1,602,267 $1,072,201 $530,066
2021 $18,878 $1,570,851 $1,051,178 $519,673
2019 $18,245 $1,507,560 $1,020,000 $487,560
2018 $17,977 $1,478,000 $1,000,000 $478,000
2017 $12,818 $1,056,601 $667,329 $389,272
2016 $12,492 $1,035,885 $654,245 $381,640
2015 $12,308 $1,020,326 $644,418 $375,908
2014 $12,352 $1,000,340 $631,795 $368,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-487085

The MLS

APN: 5576-019-047