NOT LISTED FOR SALE

Estimated Value: $2,330,000 - $3,793,000

4 Beds
4 Baths
2,718 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold May 13, 2014

Last sale price $1,105,000 $407 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $18,256/month

16 Days on Market

Highlights

  • Subterranean Parking
  • 1-Story Property
  • 5-minute walk to La Cienega Park & Community Center

About This Home

As of May 2014

Unique opportunity in Prime Carthay Circle location. One-Story Spanish structure, currently being used as Multi-Resident property, great income property or future owner-user. Original house appears to have been converted to units. Front Unit is a 1+1, with attached owners/managers space next door that has a spacious Living Room w/ FP, Family room, Kitchen, DR, one bedroom and three baths (most likely the original house was 3+3, buyer to investigate). Detached unit at rear of property is a 1+1 with separate entrance. Totally unique, bring your idea person/designer/architect to create a wonderful property. Close to La Cienega Park, Beverly Hills, Restaurants and houses of worship. Trust sale being sold in present As-Is condition. Click on website/photo tour for floorplan then click on front/middle/back to view al spaces. Call listing agent for offer package.

Last Agent to Sell the Property

James Hancock

Coldwell Banker Realty License #00946077 Listed on: 03/15/2014

Coldwell Banker Realty

Last Buyer's Agent

Jean-Pierre Okhovat

Coldwell Banker Realty License #01850190

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,141

Year Built

  • Built in 1927

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,718 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Subterranean Parking
  • Driveway

Utilities

  • Gravity Heating System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5088-008-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,141

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2718
  • Lot Dimensions: 50x100
  • Property Condition: Fixer, Repair Cosmetic
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 321.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Subterranean
  • Total Parking: 3

Utilities

  • Heating: Gravity

Lot Info

  • Assessed Improvement Value: 117320
  • Assessed Land Value: 48361
  • Assessor Parcel Number: 5088-008-021
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Simchowitz Stefan
Bought by
Simchowitz Trust
Current Estimated Value
$2,879,920

Purchase Details

Closed on
Apr 11, 2016
Sold by
Terani Michael and Terani Melody
Bought by
Simchowitz Stefan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
2.86%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 15, 2014
Closed on
Apr 9, 2014
Sold by
Kawin Bruce F and Hershel & Marjorie Toomim Trus
Bought by
Terani Michael and Mahtaban Melody
Seller's Agent
James Hancock
Coldwell Banker Realty
Buyer's Agent
Jean-Pierre Okhovat
Coldwell Banker Realty
List Price
$875,000
Sold Price
$1,105,000
Premium/Discount to List
$230,000
26.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$800,775
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2003
Sold by
Toomim Hersel and Toomim Marjorie R
Bought by
Toomim Hersel and Toomim Marjorie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 10, 2002
Sold by
Berke Fredrick
Bought by
Aguilar Sandra

Purchase Details

Closed on
Dec 5, 1995
Sold by
The Roddy Family Ltd Partnership
Bought by
Toomim Hershel and Toomim Marjorie R

Purchase Details

Closed on
Mar 30, 1995
Sold by
Toomim Marjorie R
Bought by
The Roddy Family Ltd Partnership

Purchase Details

Closed on
Jun 9, 1982
Sold by
Kawin Marjorie R
Bought by
Toomim Hershel and Toomim Marjorie
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
Simchowitz Trust -- None Listed On Document
Simchowitz Stefan $2,200,000 Ticor Title
Terani Michael $1,105,000 Equity Title Los Angeles
Toomim Hersel -- Multiple
Aguilar Sandra -- --
Toomim Hershel -- --
Toomim Hershel -- --
The Roddy Family Ltd Partnership -- --
The Roddy Family Ltd Partnership -- --
Toomim Hershel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simchowitz Stefan $1,856,250
Previous Owner Simchowitz Stefan $1,760,000
Previous Owner Terani Michael $550,000
Previous Owner Terani Michael $300,000
Previous Owner Terani Michael $800,775
Previous Owner Toomim Hersel $484,000
Previous Owner Toomim Hershel $535,000
Previous Owner Toomim Hershel $25,000
Previous Owner Toomim Hershel $339,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2014 05/13/14 Sold $1,105,000 +26.3% $407 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $875,000 -- $322 / 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 $31,141 $2,604,349 $1,823,046 $781,303
2024 $31,141 $2,553,284 $1,787,300 $765,984
2023 $30,537 $2,503,220 $1,752,255 $750,965
2022 $29,114 $2,454,139 $1,717,898 $736,241
2021 $28,762 $2,406,019 $1,684,214 $721,805
2019 $27,899 $2,334,657 $1,634,260 $700,397
2018 $27,727 $2,288,880 $1,602,216 $686,664
2016 $13,951 $1,144,264 $440,619 $703,645
2015 $14,853 $1,127,077 $434,001 $693,076
2014 $10,446 $829,950 $584,039 $245,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-743515

The MLS

APN: 5088-008-021