NOT LISTED FOR SALE
4 Beds
4 Baths
12,952 Sq Ft
7,570 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $4,782,000 $369 Per Sq Ft

88 Days on Market

About This Home

As of June 2017

Attractive property in prime Hollywood location. Corner lot with views from most of the units. Gated entry with intercom system. Gated subterrean parking. Balconies in most of the units. Upgraded elevator.

Walking distance to Hollywood and Highland and metro.

Huge upside in rents. Listing agents are owners of above property and acting as a principals.

Last Agent to Sell the Property

Len Shaposhnik

Shapo Performance Group License #00987668 Listed on: 12/14/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,570 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 13 Car Garage

Home Design

  • 12,952 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 3539
  • Assessor Parcel Number 5533001038

Community Details

Overview

  • 16 Units

Building Details

  • 16 Leased Units
  • Rent Control
  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $5,800
  • Pest Control $250
  • Professional Management Expense $8,150
  • Trash Expense $1,200
  • Water Sewer Expense $8,000
  • New Taxes Expense $60,000
  • Operating Expense $108,960
  • Gross Income $272,676
  • Net Operating Income $163,716

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

13

Listing Details

  • Other Phone Description: (818) 709-2709
  • Other Phone Number: 818359-2987
  • Professional Management Expense: 8150.00
  • Property Attached: No
  • Water Sewer Expenses: 8000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5533001038
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 369.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 2.00

Utilities

  • Pest Control Expense: 250.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7570.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Garage Income: 50.00
  • Gross Income: 272676.00
  • Gross Scheduled Income: 272676.00
  • Insurance Expense: 5800.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 200.00
  • Net Operating Income: 163716.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 108960.00
  • Rent Control: Yes
  • Total Actual Rent: 22743.20
  • Total Expenses: 108960.00

Tax Info

  • New Taxes Expense: 60000.00
  • Tax Census Tract: 1908.02
  • Tax Lot: 13
  • Tax Tract Number: 3539

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $4,782,000 -0.4% $369 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $4,800,000 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16763396

California Regional Multiple Listing Service (CRMLS)