NOT LISTED FOR SALE

722 Robinson St Los Angeles, CA 90026

Estimated Value: $1,462,797 - $1,566,000

5 Beds
3 Baths
2,898 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,460,000 $504 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,938/month

7 Days on Market

Highlights

  • Built-In Features
  • Ceiling Fan
  • 3 Car Garage
  • Central Heating and Cooling System

About This Home

As of August 2023

Proper-tunity, this property is your opportunity! 1923 triplex in the heart of Silverlake with 2 vacant units. Tucked away behind a hedged and gated front yard with an epic meyer lemon tree you'll enter through an oversized door to the front building that houses 2 attractive units featuring some original details including hardwood floors, arched doorways, coved ceilings and modern amenities including central air and heat. Upstairs owners' unit 2 bed and 1 bath with a front balcony and stunning views of downtown will be delivered vacant. Owners' unit has washer/dryer and fully equipped kitchen. The downstairs 2 bedroom and 1 bath with lovely back patio is tenant occupied. The expansive lot features a spacious communal back courtyard with mature avocado tree and laundry room, potential to install coin operated machines for additional income. The wood-sided back building houses a vacant 1 bed /1 bath and an oversized three car garage. The garages can be rented out individually for additional rental income. Close by attractions include Cafecito Organico, All Day Baby, Target, and many more restaurants and stores. This opportunity provides an investor potential rental upside in a strong demand rental market in this densely populated and highly attractive location. This property has great potential but is a fixer for experienced buyers.

Last Agent to Sell the Property

Lorraine Getz

Compass License #01413936 Listed on: 07/21/2023

Compass

Last Buyer's Agent

Julie Mollo

Compass License #01818207

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,951

Year Built

  • Built in 1923

Lot Details

  • 6,616

Home Design

  • Triplex
  • Split Level Home

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Oven or Range
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • 6,616 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5401-017-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,951

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2898
  • Lot Acreage: 0.1519
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 481.37

Exterior Features

  • Other Structures: None

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Expense: 4200.00

Fee Information

  • Insurance Expense: 3673.00
  • Maintenance Expense: 3500.00

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 334654
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 669309
  • Total Assessed Value: 1003963
  • Assessor Parcel Number: 5401-017-008
  • Lot Size Area: 6616

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.57
  • Number Of Units: 3
  • Total Annual Expense: 25302.55
  • Type Of Units: Triplex
  • Vacancy Rate: 33%

Tax Info

  • Tax Expense: 12129.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 23, 2023
Sold by
Hood Caitlin and Hood Seth
Bought by
Catt Management Llc
Seller's Agent
Lorraine Getz
Compass
Buyer's Agent
Julie Mollo
Compass
List Price
$1,395,000
Sold Price
$1,460,000
Premium/Discount to List
$65,000
4.66%
Views
217
Current Estimated Value
$1,524,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,199
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Dec 26, 2018
Sold by
Hood Caitlin and Copenhaver Seth
Bought by
Hood Caitlin and Copenhaver Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2016
Sold by
Begakis Niko
Bought by
Sedin Tammy

Purchase Details

Closed on
Dec 20, 2015
Sold by
Pamagian Charlotte
Bought by
Sedin Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2015
Sold by
Sedin Tammy
Bought by
Hood Caitlin and Copenhaver Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2009
Sold by
Parnagian Charlotte and William John Gunter Living Tru
Bought by
Parnagian Charlotte and Sedin Tammy

Purchase Details

Closed on
Sep 11, 2008
Sold by
Gunter William John and William John Gunter Living Tru
Bought by
Gunter William John and William John Gunter Living Tru

Purchase Details

Closed on
Dec 16, 2004
Sold by
Travers John C
Bought by
Gunter William John and Travers John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Travers John C and Gunter William John
Bought by
The John C Travers Living Trust

Purchase Details

Closed on
Jun 1, 2004
Sold by
Travers John C and John C Travers Living Trust
Bought by
Travers John C and Gunter William John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2002
Sold by
Travers John C and Gunter William J
Bought by
Travers John C and Gunter William John

Purchase Details

Closed on
Feb 26, 2002
Sold by
Travers John C and The John C Travers Living Trus
Bought by
Travers John C and Gunter William John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 28, 2000
Sold by
Gunter William J
Bought by
The William John Gunter Living Trust

Purchase Details

Closed on
Sep 23, 2000
Sold by
Travers John Carl
Bought by
The John C Travers Living Trust

Purchase Details

Closed on
Jul 23, 2000
Sold by
Gunter William J
Bought by
The William John Gunter Living Trust
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
Catt Management Llc $1,460,000 Consumers Title Company
Hood Caitlin -- Accommodation
Sedin Tammy -- Fidelity National Title Co
Sedin Tammy -- Fidelity National Title Co
Hood Caitlin $900,000 Fidelity National Title Co
Parnagian Charlotte -- None Available
Gunter William John -- None Available
Gunter William John -- None Available
Gunter William John -- Ticor Title Orange
Travers John C -- Ticor Title Orange
The John C Travers Living Trust -- --
The William John Gunter Living Trust -- --
Travers John C -- Ticor Title Orange
Travers John C -- --
Travers John C -- --
Travers John C -- First American
The William John Gunter Living Trust -- --
The John C Travers Living Trust -- --
The John C Travers Living Trust -- --
The William John Gunter Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hood Caitlin $945,000
Previous Owner Hood Caitlin $883,698
Previous Owner Travers John C $172,645
Previous Owner Travers John C $160,000
Previous Owner Travers John C $477,000
Previous Owner Travers John C $390,000
Previous Owner Travers John C $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,460,000 +4.7% $504 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $1,395,000 -- $481 / 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 $17,951 $1,460,000 $1,060,000 $400,000
2023 $12,718 $1,024,042 $682,695 $341,347
2022 $12,129 $1,003,963 $669,309 $334,654
2021 $11,973 $984,279 $656,186 $328,093
2020 $12,093 $974,187 $649,458 $324,729
2019 $11,617 $955,086 $636,724 $318,362
2018 $11,564 $936,360 $624,240 $312,120
2016 $5,763 $456,879 $319,817 $137,062
2015 $5,682 $450,018 $315,014 $135,004
2014 $5,718 $441,204 $308,844 $132,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-292733

The MLS

APN: 5401-017-008