NOT LISTED FOR SALE

7620 Hampton Ave West Hollywood, CA 90046

Estimated Value: $1,833,000 - $2,235,000

6 Beds
3 Baths
3,100 Sq Ft
$661/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2014

Last sale price $1,149,600 $371 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $12,364 / mo

13 Days on Market

About This Home

As of July 2014

Very desirable 3 unit building located in charming West Hollywood neighborhood just a few blocks from Sunset and Fairfax. Very quiet location on large 6,596 sq. ft. R-2 lot. Two cute 2 bedroom + 1 Bath side-by-side units. Also includes 2 story owner's unit in rear with own small yard. Owner's unit completely remodeled. Buyer to confirm square footage of units.

Last Agent to Sell the Property

Michael Millea

Lyon Stahl Investment Real Estate, Inc. License #01069014 Listed on: 05/21/2014

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Eric Hecht

Eric Hecht License #01838199

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,596 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 3,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 53
  • Tax Tract Number 450
  • Assessor Parcel Number 5530007018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $6,450
  • Net Operating Income $49,530

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,596 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 4.13
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5530007018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 370.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6596.00
  • Lot Size Acres: 0.1510

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 1033
  • Gross Income: 6450.00
  • Gross Multiplier: 15.49
  • Gross Scheduled Income: 77400.00
  • Lot Size Area: 6596.0000 Square Feet
  • Net Operating Income: 49530.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 24000.00
  • Rent Control: Yes
  • Total Actual Rent: 6450.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Taxes Percent: 1.19
  • Tax Lot: 53
  • Tax Tract Number: 450
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Schwartz Joseph B
Bought by
Joseph B Schwartz Revocable Trust and Schwartz
Current Estimated Value
$2,049,595

Purchase Details

Closed on
Jun 18, 2019
Sold by
J Squared Ventures I Llc
Bought by
Schwartz Joseph B

Purchase Details

Closed on
Aug 14, 2018
Sold by
Schwartz Joseph B
Bought by
J Squared Ventures I Llc

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 5, 2014
Sold by
Malvin David and Malvin Crystal Jeremy
Bought by
Schwartz Joseph B
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Eric Hecht
Eric Hecht
List Price
$1,199,000
Sold Price
$1,149,600
Premium/Discount to List
-$49,400
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$550,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2014
Sold by
Malvin Marc S
Bought by
Malvin David and Malvin Crystal Jeremy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph B Schwartz Revocable Trust -- None Listed On Document
Schwartz Joseph B -- None Available
J Squared Ventures I Llc -- None Available
Schwartz Joseph B $1,150,000 Pacific Coast Title Company
Malvin David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Joseph B $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $1,149,600 -4.1% $371 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $1,199,000 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,971 $1,380,916 $1,165,790 $215,126
2024 $17,971 $1,353,840 $1,142,932 $210,908
2023 $17,565 $1,327,295 $1,120,522 $206,773
2022 $16,591 $1,301,270 $1,098,551 $202,719
2021 $16,398 $1,275,756 $1,077,011 $198,745
2020 $16,523 $1,262,676 $1,065,968 $196,708
2019 $15,754 $1,237,918 $1,045,067 $192,851
2018 $15,597 $1,213,646 $1,024,576 $189,070
2016 $14,913 $1,166,521 $984,792 $181,729
2015 $14,686 $1,149,000 $970,000 $179,000
2014 $5,628 $366,290 $273,929 $92,361
Source: Public Records

Agents Affiliated with this Home

  • Michael Millea

    Seller's Agent in 2014

    Michael Millea

    Lyon Stahl Investment Real Estate, Inc.

    (310) 251-2083

    46 Total Sales

    Michael Millea
    Section Image

  • E

    Buyer's Agent in 2014

    Eric Hecht

    Eric Hecht

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14105699

California Regional Multiple Listing Service (CRMLS)

APN: 5530-007-018

California Los Angeles County West Hollywood 90046

7620 Hampton Ave, West Hollywood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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