$3,200,000
SOLD SEP 27, 2019
4 Beds
2 Baths
2,852 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$1,122 Per Sq Ft

16% Below List Price

117 Days on Market

About This Home

As of September 2019

The subject property is comprised of a VACANT duplex consisting of approximately 2,852 SF on a 6,500 SF single lot located in the Beverly Grove neighborhood of L.A. just north of the incredibly popular Melrose Place. The property is situated just outside of the West Hollywood city boundary, yielding a buyer less restrictive development standards. This vibrant neighborhood and its multitude of chic and trendy restaurants, shops, green spaces, etc. is a renter's paradise. It boasts a Walkscore of 86: Very Walkable. Development potential is prime. The property is zoned (Q)R3-1, allowing for 8 units, by right. The Tier 2 designation can increase density and reduce parking, among other things. The street has one big project under construction and an even bigger one pushing towards breaking ground.

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 05/21/2019

Keller Williams Beverly Hills

Co-Listed By

Zachary Krasman

Compass License #01814990

Last Buyer's Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 05/21/2019

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,597

Year Built

  • Built in 1926

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,852 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5528-001-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,597

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2852
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 16
  • 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
  • Price Per S Q F T: 1225.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 49195
  • Assessed Land Value: 71168
  • Assessor Parcel Number: 5528-001-024
  • Geocode Override: No
  • Lot Size Area: 6500

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Up and Down
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Sep 24, 2019
Sold by
745 Croft Mbv2 Llc
Bought by
745 Croft Llc
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Dario Svidler
Keller Williams Beverly Hills
List Price
$3,795,000
Sold Price
$3,200,000
Premium/Discount to List
-$595,000
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Nadel Jonathan Stephen and Nadel Miehel Wong
Bought by
745 Croft Mbv2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2016
Sold by
Nadel Jonathan Stephen
Bought by
Nadel Jonathan Stephen and Nadel Michel Wong

Purchase Details

Closed on
Dec 28, 2015
Sold by
Nadel Sarah Helena
Bought by
Holtzman Sarah and Holtzman Family Trust

Purchase Details

Closed on
Dec 7, 2015
Sold by
Friedberg Esther
Bought by
Friedberg Esther and Survivors Trust Under The Mich

Purchase Details

Closed on
Oct 19, 2015
Sold by
Langsam Harry and Langsam Anna
Bought by
Friedberg Esther and Nadel Jeffrey David

Purchase Details

Closed on
Nov 13, 2007
Sold by
Langsam Harry and Langsam Elka
Bought by
Langsam Harry and Langsam Anna
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,200,000 Fidelity National Title
Grant Deed $2,850,000 Fidelity National Title Grou
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,625,000 New Conventional
Previous Owner $1,625,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $2,150,000 0.0% $754 / Sq Ft
07/21/2025 07/21/25 For Sale $2,150,000 -10.2% $754 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/07/2025 07/07/25 Off Market $2,395,000 -- --
03/19/2025 03/19/25 Price Changed $2,395,000 -4.0% $840 / Sq Ft
02/03/2025 02/03/25 For Sale $2,495,000 -22.0% $875 / Sq Ft
09/27/2019 09/27/19 Sold $3,200,000 -8.4% $1,122 / Sq Ft
07/11/2019 07/11/19 Price Changed $3,495,000 -7.9% $1,225 / Sq Ft
05/21/2019 05/21/19 For Sale $3,795,000 -- $1,331 / 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 $41,597 $3,431,046 $3,431,046 --
2023 $40,784 $3,363,771 $3,363,771 $0
2022 $38,873 $3,297,815 $3,297,815 $0
2021 $38,408 $3,233,152 $3,233,152 $0
2019 $33,876 $2,850,000 $1,700,000 $1,150,000
2018 $1,781 $122,769 $72,591 $50,178
2016 $1,676 $118,004 $69,773 $48,231
2015 $1,572 $116,232 $68,725 $47,507
2014 $1,591 $113,956 $67,379 $46,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-468960

The MLS

APN: 5528-001-024