NOT LISTED FOR SALE

Estimated Value: $1,944,000 - $2,581,000

6 Beds
4 Baths
3,784 Sq Ft
$628/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $1,600,000 $423 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $14,292/month

172 Days on Market

About This Home

As of March 2021

BEAUTIFUL AND SPACIOUS SPANISH DUPLEX IN BEVERLY GROVE. This character-rich duplex ideally located on Fourth Street features expansive living rooms with fireplaces and picture windows, kitchens with breakfast areas and separate laundry rooms with convenient side entries, large formal dining rooms, and center hall floor plans with three generous bedrooms including one ensuite bedroom. Each unit offers period details such as built-ins, archways, French windows, hardwood floors and period tile work. The upper unit features a large side balcony off the dining room and the kitchen, breakfast room and dining room have been opened to create a more contemporary space. There is a private shared yard and three single garages. Ideally located just a stone's throw from Third Street, The Grove, Farmer's Market and in the Hancock Park Elementary school district, this property is excellent for an owner/user or investor. Upper unit will be delivered vacant.

Last Agent to Sell the Property

Allison Schwarz

Compass License #01878458 Listed on: 07/17/2020

Compass

Last Buyer's Agent

Allison Schwarz

Compass License #01878458 Listed on: 07/17/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,832

Year Built

  • Built in 1928

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-039-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,832

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3784
  • Lot Acreage: 0.1435
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Washer, Refrigerator
  • Price Per S Q F T: 438.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 5

Lot Info

  • Assessed Improvement Percent: 26.47
  • Assessed Improvement Value: 450000
  • Assessed Land Percent: 73.53
  • Assessed Land Value: 1250000
  • Total Assessed Value: 1700000
  • Assessor Parcel Number: 5511-039-026
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Feb 12, 2021
Sold by
Kang Byung Woo and Livin Young
Bought by
Maggie Harper Llc
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Allison Schwarz
Compass
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Current Estimated Value
$2,375,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,319
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,439,840
Outstanding Balance
$1,287,779
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,087,540

Purchase Details

Closed on
Sep 8, 2017
Sold by
Kang Byung Woo
Bought by
Kang Byung Woo and Kang Young Sook

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 1, 2016
Sold by
Sztanski Charles
Bought by
Kang Byung Woo and Kang Young Sook
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Benjamin Huh
America Realty Los Angeles
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$800,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1997
Sold by
Sztanski Harry
Bought by
Sztanski Harry and Sztanski Fanny
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
Maggie Harper Llc $1,600,000 Fidelity National Title
Kang Byung Woo -- None Available
Kang Byung Woo $1,700,000 Fidelity National Title Co
Sztanski Harry -- --
Sztanski Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maggie Harper Llc $1,439,840
Previous Owner Kang Byung Woo $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $1,600,000 -3.6% $423 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $1,659,000 -2.1% $438 / Sq Ft
10/07/2020 10/07/20 Price Changed $1,695,000 -5.6% $448 / Sq Ft
09/16/2020 09/16/20 Price Changed $1,795,000 -3.0% $474 / Sq Ft
09/08/2020 09/08/20 For Sale $1,850,000 0.0% $489 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $1,850,000 -5.1% $489 / Sq Ft
07/17/2020 07/17/20 For Sale $1,950,000 +14.7% $515 / Sq Ft
12/06/2016 12/06/16 Sold $1,700,000 -5.3% $449 / Sq Ft View Prior Sale
10/26/2016 10/26/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $1,795,000 -- $474 / 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 $20,832 $1,731,889 $1,303,788 $428,101
2024 $20,832 $1,697,931 $1,278,224 $419,707
2023 $20,432 $1,664,639 $1,253,161 $411,478
2022 $19,484 $1,632,000 $1,228,590 $403,410
2021 $21,852 $1,822,742 $1,340,252 $482,490
2020 $22,077 $1,804,053 $1,326,510 $477,543
2019 $21,196 $1,768,680 $1,300,500 $468,180
2018 $21,103 $1,734,000 $1,275,000 $459,000
2016 $1,588 $114,479 $60,449 $54,030
2015 $1,568 $112,760 $59,541 $53,219
2014 $1,587 $110,552 $58,375 $52,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-604922

The MLS

APN: 5511-039-026