NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,465,840

3 Beds
3 Baths
2,151 Sq Ft
$597/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,100,000 $511 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,156/month

33 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Open to Family Room
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Family Room Off Kitchen

About This Home

As of January 2022

Two homes on a lot and no maintenance fee Presenting this rare opportunity has been completely remodeled. Main house 3 + 2, Back house or Back unit 1+1. with compete kitchen, back House has central air and normal A/C Beautifully upgraded turn-key the home sits on a 6,249 square foot lot. Electric gate for added security
The entire home has been updated, refurbished, and expanded. New kitchen and bathrooms, new hardwood floors new electrical, plumbing, appliances, fixtures, paint, hot tub, There are 2 compete laundry areas One in each house.
There is a detached 2 car garage in the rear of the property the backyard is secured by a large fence. Property is in the opportunity zone that is Edgemont Street, just south of Santa Monica and ½ mile from 101 freeway , on a quiet street in the heart of it all. Walking distance to supermarkets, LACC, Kaiser, trendy restaurants, the Metro Subway Station, Enjoy the very short walk to cafes, restaurants, bars, and the grocery store and more

Last Agent to Sell the Property

Joseph James

Seven Stars Realty and Mortgag License #01700905 Listed on: 10/15/2021

Last Buyer's Agent

Vahan Gevorgyan

Coldwell Banker Hallmark License #01499717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,008

Year Built

  • Built in 1918

Lot Details

  • 6,249 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Copper Plumbing

Interior Spaces

  • 2,151 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Open to Family Room
  • Microwave
  • Dishwasher
  • Ceramic Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • Remodeled Bathroom
  • Bathtub with Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units
  • Valley

Listing and Financial Details

  • Tax Lot 160
  • Tax Tract Number 160
  • Assessor Parcel Number 5538016012
  • $335 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,008

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Other Phone Description: 18183892049
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5538016012
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2151.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 511.39
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower In Tub, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6249.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6249.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1915.00
  • Tax Lot: 160
  • Tax Tract Number: 160
  • TaxOtherAnnualAssessmentAmount: 335.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 18, 2022
Sold by
Samir Salama And Marcelle Salama Living
Bought by
Shahbazyan Shoushanik
Seller's Agent
Joseph James
Seven Stars Realty and Mortgag
Buyer's Agent
Vahan Gevorgyan
Coldwell Banker Hallmark
List Price
$1,090,000
Sold Price
$1,100,000
Premium/Discount to List
$10,000
0.92%
Current Estimated Value
$1,285,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,210
Avg. Annual Appreciation
3.47%
Original Mortgage
$825,000
Outstanding Balance
$764,483
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$478,801

Purchase Details

Closed on
Jan 15, 2020
Sold by
Salama Samir A and Salama Marcelle A
Bought by
Samir Salama And Marcelle Salama Living Trust and Salama

Purchase Details

Closed on
Apr 18, 2013
Sold by
Salama Samir A
Bought by
Salama Samir A and Salama Marcelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2000
Sold by
Salama Gihan S
Bought by
Salama Samir A and Salama Marcelle A
Source: Public Records

Range of Values:

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Average Value
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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
Shahbazyan Shoushanik $1,100,000 Lawyers Title
Samir Salama And Marcelle Salama Living Trust -- None Listed On Document
Salama Samir A -- Fidelity National Title Co
Salama Samir A -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahbazyan Shoushanik $825,000
Previous Owner Salama Samir A $200,000
Previous Owner Salama Samir A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,100,000 -1.8% $511 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $1,120,000 +1.8% $521 / Sq Ft
11/01/2021 11/01/21 Price Changed $1,100,020 +0.9% $511 / Sq Ft
10/15/2021 10/15/21 For Sale $1,090,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,008 $1,167,328 $875,496 $291,832
2024 $14,008 $1,144,440 $858,330 $286,110
2023 $13,736 $1,122,000 $841,500 $280,500
2022 $1,982 $146,580 $104,986 $41,594
2021 $1,946 $143,707 $102,928 $40,779
2019 $1,891 $139,446 $99,876 $39,570
2018 $1,770 $136,713 $97,918 $38,795
2016 $1,666 $131,407 $94,117 $37,290
2015 $1,642 $129,434 $92,704 $36,730
2014 $1,660 $126,900 $90,889 $36,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21228937

California Regional Multiple Listing Service (CRMLS)

APN: 5538-016-012