NOT LISTED FOR SALE

730 1/2 N Edinburgh Ave Los Angeles, CA 90046

Beverly Grove Neighborhood

Estimated Value: $1,960,000 - $2,891,000

4 Beds
4 Baths
4,248 Sq Ft
$574/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $1,835,000 $432 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $14,926/month

16 Days on Market

About This Home

As of November 2016

Charming 1920's Spanish 4-Plex in prime WeHo/Grove rental location. Each unit with beautiful hardwood throughout, and each unit with private laundry room. Located in high in-demand rental area. Owner just completed several capital improvements such as new front lawn drought-tolerant landscaping, recent building exterior paint. Great investment property as owner occupancy or purely as an investment property. Under Los Angeles Rent-Control, Not WeHo. Possibility of two units being delivered vacant at or near close of escrow.

Last Agent to Sell the Property

Doug Snell

Moylan Realty Group, Inc License #01700850 Listed on: 10/04/2016

Last Buyer's Agent

Merrie Kung

Rodeo Realty License #01255425

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,669

Year Built

  • Built in 1924

Lot Details

  • 6,610

Parking

  • 4 Car Garage
  • Carport

Interior Spaces

  • 4,248 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,610 Sq Ft Lot
  • Floor Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5527-013-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,669

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4248
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 442.56

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Carport
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 426984
  • Assessed Land Value: 489382
  • Assessor Parcel Number: 5527-013-020
  • Geocode Override: No
  • Lot Size Area: 6610

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.50
  • Number Of Units: 4
  • Type Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 19, 2016
Sold by
Lai Josh
Bought by
Dmrj Properties
Seller's Agent
Doug Snell
Moylan Realty Group, Inc
Buyer's Agent
Merrie Kung
Rodeo Realty
List Price
$1,880,000
Sold Price
$1,835,000
Premium/Discount to List
-$45,000
-2.39%
Current Estimated Value
$2,438,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,304
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Lipschultz Harvey I and Lipschultz Sandra J
Bought by
Lai Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Dmrj Properties $1,835,000 Equity Title Los Angeles
Lai Josh $749,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lai Josh $599,200
Closed Lai Josh $149,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $1,835,000 -2.4% $432 / Sq Ft
10/04/2016 10/04/16 For Sale $1,880,000 -- $443 / 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 $25,669 $2,129,670 $1,276,642 $853,028
2024 $25,669 $2,087,912 $1,251,610 $836,302
2023 $25,176 $2,046,973 $1,227,069 $819,904
2022 $24,011 $2,006,837 $1,203,009 $803,828
2021 $23,708 $1,967,488 $1,179,421 $788,067
2019 $23,000 $1,909,134 $1,144,440 $764,694
2018 $22,857 $1,871,700 $1,122,000 $749,700
2016 $11,329 $916,366 $489,382 $426,984
2015 $11,166 $902,603 $482,032 $420,571
2014 $11,224 $884,923 $472,590 $412,333
Source: Public Records

Agents Affiliated with this Home

  • Doug Snell

    Seller's Agent in 2016

    Doug Snell

    Moylan Realty Group, Inc

    (323) 229-9508

    14 Total Sales

    Doug Snell
    Section Image
  • Merrie Kung

    Buyer's Agent in 2016

    Merrie Kung

    Rodeo Realty

    (310) 736-5599

    3 in this area

    13 Total Sales

    Merrie Kung
    Section Image
  • Binyamin Ben-Liaou

    Buyer Co-Listing Agent in 2016

    Binyamin Ben-Liaou

    Rodeo Realty

    (310) 432-6400

    3 in this area

    13 Total Sales

    Binyamin Ben-Liaou
    Section Image
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Map

Source: The MLS

MLS Number: 16-168548

The MLS

APN: 5527-013-020

California Los Angeles County Los Angeles 90046 Beverly Grove

730 1/2 N Edinburgh Ave, Los Angeles, CA

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