NOT LISTED FOR SALE

7860 Romaine St West Hollywood, CA 90046

Estimated Value: $1,161,000 - $1,517,000

2 Beds
2 Baths
1,202 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $475,000 $395 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $7,605/month

About This Home

As of January 2012

Two units in a great City of West Hollywood close to all the Action, restaurants, shops and night life. Two story bldg., One bedroom unit with new kitchen and bath on the first floor and a one bedroom unit with large living room and formal dining room and new kitchen/paint on the second floor, Two car garage, The property is zoned commercial, Great for someone who can use it for live-work situation(Buyer to check with the City to confirm the zoning). Property is vacant. Trust sale.

Last Agent to Sell the Property

Amir Ladjevardi

Beverly and Company, Inc. License #00937385 Listed on: 11/06/2011

Beverly and Company, Inc.

Last Buyer's Agent

Amir Ladjevardi

Beverly and Company, Inc. License #00937385 Listed on: 11/06/2011

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,186

Year Built

  • Built in 1939

Lot Details

  • 1,674 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,202 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 292
  • Tax Tract Number 7001
  • Assessor Parcel Number 5530027019

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • Insurance Expense $1,200
  • New Taxes Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,186

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5530027019
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 395.17

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Lot Info

  • Lot Size Sq Ft: 1674.00
  • Lot Size Acres: 0.0400

Multi Family

  • Average1 Bed Area: 702
  • Average Studio Area: 500
  • Insurance Expense: 1200.00
  • Lot Size Area: 1674.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 292
  • Tax Tract Number: 7001
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2011
Closed on
Nov 22, 2011
Sold by
Svilik Isabella and Alexander & Mary Reznik Living
Bought by
Allyn Russell L and Valerio Rommel
Seller's Agent
Amir Ladjevardi
Beverly and Company, Inc.
Buyer's Agent
Amir Ladjevardi
Beverly and Company, Inc.
Sold Price
$475,000
Current Estimated Value
$1,299,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,271
Avg. Annual Appreciation
7.88%
Original Mortgage
$325,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1993
Sold by
Reznik Alexander and Reznik Mary
Bought by
Reznik Alexander
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
Allyn Russell L $475,000 Stewart Title Of California
Reznik Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allyn Russell L $350,000
Closed Allyn Russell L $250,000
Previous Owner Allyn Russell L $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2012 01/17/12 Sold $475,000 -- $395 / Sq Ft
11/06/2011 11/06/11 Pending -- -- --
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 $8,186 $596,616 $502,418 $94,198
2024 $8,186 $584,918 $492,567 $92,351
2023 $7,982 $573,450 $482,909 $90,541
2022 $7,521 $562,207 $473,441 $88,766
2021 $7,427 $551,184 $464,158 $87,026
2019 $7,167 $534,838 $450,392 $84,446
2018 $7,087 $524,352 $441,561 $82,791
2016 $6,794 $503,992 $424,415 $79,577
2015 $6,695 $496,422 $418,040 $78,382
2014 $6,694 $486,699 $409,852 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11132058

California Regional Multiple Listing Service (CRMLS)

APN: 5530-027-019