NOT LISTED FOR SALE

Estimated Value: $1,732,000 - $1,982,000

4 Beds
2 Baths
2,192 Sq Ft
$860/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $1,645,000 $750 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,342/month

39 Days on Market

Highlights

  • Central Heating
  • Hancock Park Elementary Rated 9+
  • 1-Story Property

About This Home

As of September 2019

Wonderful side-by-side Duplex located in the heart of one of Los Angeles' most desirable neighborhoods. Sitting on a large 6,252 square foot lot, this duplex is perfect for both investors and owner-users alike. A tremendous value, this duplex will be completely vacant as of August 31, 2019 and seller is open to delivering units vacant at close of escrow. Well maintained, this cottage style building has hardwood floors, high ceilings, beautiful architectural features throughout, ample yard space, and an address suited for even the most discerning of clientele. Vacant, side-by-side units, and A+ location with huge rental upside - this is the duplex you have been waiting for!

Last Agent to Sell the Property

Spencer Payson

The Beverly Hills Estates License #01864609 Listed on: 06/19/2019

The Beverly Hills Estates

Last Buyer's Agent

Adolfo Zamora

GLOBL RED License #01991493

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,835

Year Built

  • Built in 1926

Lot Details

  • 6,252 Sq Ft Lot

Interior Spaces

  • 2,192 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-044-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,835

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2192
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 752.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, On street
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 51311
  • Assessed Land Value: 63351
  • Assessor Parcel Number: 5511-044-008
  • Geocode Override: No
  • Lot Size Area: 6252

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Brown Lake Partners 1 Llc
Bought by
Grateful Llc
Current Estimated Value
$1,885,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2023
Sold by
Alterna Capital Solutions Llc
Bought by
Brown Lake Partners 1 Llc

Purchase Details

Closed on
Oct 12, 2022
Sold by
Chicago Title Insurance Company
Bought by
Alterna Capital Solutions Llc and November Reign Llc

Purchase Details

Closed on
Nov 27, 2019
Sold by
Arriola Louis R and Arriola Sharlene M
Bought by
Trionx Inc

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 12, 2019
Sold by
Gayton Charles F and The Ann Louise Gayton Family T
Bought by
Arriola Louis R and Arriola Sharlene M
Seller's Agent
Spencer Payson
The Beverly Hills Estates
Buyer's Agent
Adolfo Zamora
GLOBL RED
List Price
$1,650,000
Sold Price
$1,645,000
Premium/Discount to List
-$5,000
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$1,000,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2014
Sold by
Jhun Andrew
Bought by
Jhun Family Trust

Purchase Details

Closed on
Jul 25, 2014
Sold by
Gayton Ann Louise
Bought by
Gayton Ann Louise and Ann Louise Gayton Family Trust

Purchase Details

Closed on
Dec 30, 2011
Sold by
The Moret Group Llc
Bought by
Jhun Andrew and Jhun Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,385
Interest Rate
4.12%
Mortgage Type
FHA
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
Grateful Llc $1,180,000 Homelight Title
Brown Lake Partners 1 Llc $3,929,318 None Listed On Document
Alterna Capital Solutions Llc $1,500,000 Simplifile
Trionx Inc -- Accommodation
Arriola Louis R $1,645,000 Chicago Title Company
Jhun Family Trust -- None Available
Gayton Ann Louise -- None Available
Jhun Andrew $765,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grateful Llc $800,000
Previous Owner Trionx Inc $1,000,000
Previous Owner Arriola Louis R $1,000,000
Previous Owner Jhun Andrew $695,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $1,645,000 -0.3% $750 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $1,650,000 -- $753 / 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 $24,835 $2,080,800 $1,468,800 $612,000
2024 $24,835 $2,040,000 $1,440,000 $600,000
2023 $24,173 $1,985,000 $1,390,000 $595,000
2022 $21,113 $1,780,303 $1,009,955 $770,348
2021 $19,876 $1,662,042 $909,324 $752,718
2020 $20,083 $1,645,000 $900,000 $745,000
2019 $1,742 $119,293 $65,910 $53,383
2018 $1,671 $116,955 $64,618 $52,337
2016 $1,579 $112,414 $62,109 $50,305
2015 $1,559 $110,727 $61,177 $49,550
2014 $1,581 $108,559 $59,979 $48,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-479822

The MLS

APN: 5511-044-008