NOT LISTED FOR SALE

6740 Colgate Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $1,978,000 - $2,433,975

5 Beds
4 Baths
2,476 Sq Ft
$881/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $1,600,000 $646 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,359/month

71 Days on Market

About This Home

As of February 2019

Calling all Offers! By far the best deal around! A great investment or an opportunity to live in one unit & rent out the other. Calling all offers! Turn-Key, Charming & Completely Remodeled Spanish style duplex on one of the most desirable streets in the Beverly Grove area! Both units include private outdoor courtyards w artificial turf, living rooms w fireplaces, hardwood floors & laundry. 6740 has 2 bd w a large den that has its own kitchenette & bathroom which can be used as a library, rec. room, bar or a bdrm. Kitchen includes stainless steel appliances, custom cabinetry, & new counter tops. 6742 has 2 bd & 2 ba. There are two garages w an additional two-car carport. This duplex is ideal for any type of buyer, whether its a real estate investor, owner-user or somebody who'd like to offset their mortgage by living in one unit & renting the other out. Located across the way from the Beverly Center, the SLS Hotel, bordering Beverly Hills, near The Grove & local shops!

Last Agent to Sell the Property

Jimmy Heckenberg

Rodeo Realty License #01910100 Listed on: 11/01/2018

Rodeo Realty

Last Buyer's Agent

Jimmy Heckenberg

Rodeo Realty License #01910100 Listed on: 11/01/2018

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,273

Year Built

  • Built in 1926

Lot Details

  • 3,617

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3,617 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5510-005-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,273

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2476
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 646.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 517777
  • Assessed Land Value: 771488
  • Assessor Parcel Number: 5510-005-014
  • Geocode Override: No
  • Lot Size Area: 3617

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 24, 2019
Sold by
Hasan Syed Mahboob and Hasan Genise Michelle
Bought by
6740 Colgate Llc
Seller's Agent
Jimmy Heckenberg
Rodeo Realty
Buyer's Agent
Jimmy Heckenberg
Rodeo Realty
List Price
$1,640,000
Sold Price
$1,600,000
Premium/Discount to List
-$40,000
-2.44%
Current Estimated Value
$2,181,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,744
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,000,000
Outstanding Balance
$875,596
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,306,148

Purchase Details

Listed on
Feb 6, 2015
Closed on
Apr 23, 2015
Sold by
Blair Daniel R
Bought by
Hasan Family Trust
Seller's Agent
Brent Talbot
Estate Properties
Buyer's Agent
Jimmy Heckenberg
Rodeo Realty
List Price
$1,299,000
Sold Price
$1,245,000
Premium/Discount to List
-$54,000
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Aug 14, 2007
Sold by
Blair Daniel R and Blair Isela A
Bought by
Blair Daniel R

Purchase Details

Closed on
May 6, 2006
Sold by
Blair Isela A Leifer
Bought by
Blair Daniel R

Purchase Details

Closed on
Mar 30, 2005
Sold by
Blair Daniel Robert
Bought by
Blair Isela A Leifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2005
Sold by
Blair Isela A Leifer and Leifer Isela
Bought by
Blair Isela A Leifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 2003
Sold by
Leifer Jonathan
Bought by
Leifer Isela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Anderson Barbara L
Bought by
Leifer Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
7.19%
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
6740 Colgate Llc $1,600,000 Chicago Title Co
Hasan Family Trust $1,245,000 Usa National Title Company
Blair Daniel R -- None Available
Blair Daniel R -- None Available
Blair Isela A Leifer -- Fidelity National Title Co
Blair Isela A Leifer -- Fidelity National Title Co
Leifer Isela -- Act
Leifer Jonathan $515,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6740 Colgate Llc $1,000,000
Previous Owner Blair Isela A Leifer $55,000
Previous Owner Blair Isela A Leifer $595,000
Previous Owner Blair Isela A Leifer $595,000
Previous Owner Leifer Isela $500,000
Previous Owner Leifer Jonathan $412,000
Closed Leifer Jonathan $50,000
Closed Leifer Isela $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2019 02/20/19 Sold $1,600,000 0.0% $646 / Sq Ft
12/11/2018 12/11/18 Price Changed $1,599,999 -2.4% $646 / Sq Ft
11/01/2018 11/01/18 For Sale $1,640,000 +31.7% $662 / Sq Ft
05/15/2015 05/15/15 Sold $1,245,000 -4.2% $499 / Sq Ft View Prior Sale
03/28/2015 03/28/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $1,299,000 -- $521 / 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 $23,273 $1,946,399 $1,338,620 $607,779
2024 $23,273 $1,908,235 $1,312,373 $595,862
2023 $20,919 $1,715,520 $1,286,641 $428,879
2022 $19,944 $1,681,883 $1,261,413 $420,470
2021 $19,698 $1,648,906 $1,236,680 $412,226
2019 $3,094 $1,341,349 $802,655 $538,694
2018 $15,983 $1,315,049 $786,917 $528,132
2016 $15,282 $1,263,986 $756,361 $507,625
2015 $7,914 $645,683 $394,933 $250,750
2014 -- $633,036 $387,197 $245,839
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Heckenberg

    Seller's Agent in 2019

    Jimmy Heckenberg

    Rodeo Realty

    (310) 650-1116

    3 in this area

    144 Total Sales

    Jimmy Heckenberg
    Section Image
  • Brent Talbot

    Seller's Agent in 2015

    Brent Talbot

    RE/MAX

    (310) 780-1631

    39 Total Sales

    Brent Talbot
    Section Image
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Map

Source: The MLS

MLS Number: 18-403080

The MLS

APN: 5510-005-014

California Los Angeles County Los Angeles 90048 Beverly Grove

6740 Colgate Ave, Los Angeles, CA

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