$1,499,000
SOLD FEB 27, 2024
4 Beds
2 Baths
1,672 Sq Ft
4,591 Sq Ft Lot

Recently Sold

$897 Per Sq Ft

14 Days on Market

Highlights

  • Contemporary Architecture
  • Front Porch
  • Tankless Water Heater
  • 4 Car Attached Garage
  • Card or Code Access
  • Central Heating and Cooling System

About This Home

As of February 2024

2 VACANT UNITS with Value Add Opportunity to build 2 ADU's. Located a short walk away from Trendy Larchmont Village, one of L.A.'s most well-regarded neighborhoods. This hip pedestrian-friendly area offers some of L.A.'s best coffee shops to unique stores and excellent restaurants. Both Units completely remodeled and are move in ready condition. Each unit has its very own washer/dryer, stainless steel appliances, spa-like bathroom, new windows, new sliding doors, new tankless water heater and central a/c and heat. WILL BE DELIVERED VACANT. ALSO, 2 adu w plans ready and permit paid in 2022. Buyer to do their own due diligence for 2 ADUs adding approximately another 1649 sqft. ADU's will consist of 2 bedrooms and 2 bathrooms each.

Last Agent to Sell the Property

Lionel Sabbah

360 Realty License #01510221 Listed on: 01/18/2024

Last Buyer's Agent

David Wilson

The Collective Realty License #02178551

The Collective Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,752

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,591 Sq Ft Lot
  • Gated Home

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 2 Units
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 5523-026-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,752

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 1672
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Built-In Gas, Cooktop - Gas, Gas, Oven-Gas, Microwave
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 896.53

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front

Garage/Parking

  • Parking Garage: Garage Is Detached, Covered Parking, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access, Gated, Smoke Detector, Carbon Monoxide Detector(s)
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 86700
  • Assessed Land Value: 749700
  • Assessor Parcel Number: 5523-026-009
  • Lot Size Area: 4591

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.89
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 21, 2024
Sold by
Andrita Properties Llc
Bought by
Wilson David
Seller's Agent
Lionel Sabbah
360 Realty
Buyer's Agent
David Wilson
The Collective Realty
List Price
$1,499,000
Sold Price
$1,499,000
Views
12
Current Estimated Value
$1,499,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193
Avg. Annual Appreciation
0.01%
Original Mortgage
$1,448,970
Outstanding Balance
$1,431,903
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$67,290

Purchase Details

Closed on
Jan 28, 2021
Sold by
Andrita Properties Llc
Bought by
Andrita Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 20, 2016
Sold by
Estate Of Maurice Bukshpan
Bought by
Andrita Properties Llc
Seller's Agent
Daniel Gomez
Engel & Völkers Pasadena
List Price
$557,000
Sold Price
$820,000
Premium/Discount to List
$263,000
47.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$533,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 1995
Sold by
Bukshpan Edith
Bought by
Bukshpan Edith
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

Date Type Sale Price Title Company
Grant Deed $1,499,000 Western Resources Title Compan
Interfamily Deed Transfer -- Western Resources Ttl & Synr
Grant Deed $820,000 Orange Coast Title Co Socal
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,448,970 FHA
Previous Owner $687,500 New Conventional
Previous Owner $687,500 New Conventional
Previous Owner $533,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $1,499,000 0.0% $897 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,499,000 +82.8% $897 / Sq Ft
03/10/2016 03/10/16 Sold $820,000 +47.2% $490 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
12/13/2015 12/13/15 For Sale $557,000 -- $333 / 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 $11,752 $951,676 $853,028 $98,648
2023 $11,530 $933,016 $836,302 $96,714
2022 $10,999 $914,722 $819,904 $94,818
2021 $10,861 $896,787 $803,828 $92,959
2020 $10,972 $887,592 $795,586 $92,006
2019 $10,539 $870,189 $779,987 $90,202
2018 $10,448 $853,128 $764,694 $88,434
2016 $7,625 $621,320 $517,767 $103,553
2015 $911 $65,029 $39,959 $25,070
2014 $929 $63,756 $39,177 $24,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-349289

The MLS

APN: 5523-026-009