NOT LISTED FOR SALE

800 N El Centro Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $2,272,333

4 Beds
2 Baths
5,776 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $1,500,000 $260 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $14,111/month

370 Days on Market

About This Home

As of December 2017

In the heart of Hollywood lays a small theatre with deep Hollywood History. The Circle theatre was founded by Charlie Chaplin and his sons just after World War II when they converted the first privately owned Silent Movie Theater in the City into the first small playhouse in Los Angeles. Currently under renovation and near the end of construction, the Circle Theatre has two stages with approximately 75 seats each. One of the theaters is now wired to be a screening room in addition to a live performance venue. Also included with the theatres are two apartment units. Both are two bedroom, one bath and feature an intimate backyard that suits the theatre. The apartments are currently vacant and can either be renovated, rebuilt or potentially demolished to create parking spaces if the buyer sees fit. Zoned LAR3, there can be potential redevelopment for the property as there are ample possibilities for the right Buyer, Developer or Owner/User.

Last Agent to Sell the Property

David Passman

The Passman Group, Inc. License #01795153 Listed on: 11/16/2016

Last Buyer's Agent

David Passman

The Passman Group, Inc. License #01795153 Listed on: 11/16/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,758

Year Built

  • Built in 1910

Lot Details

  • 8,200 Sq Ft Lot

Interior Spaces

  • 5,776 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5534-031-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,758

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5776
  • Stories: 2
  • Year Built: 1910
  • Number Of Photos: 2
  • 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: 281.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Lot Info

  • Assessed Improvement Value: 318311
  • Assessed Land Value: 530519
  • Assessor Parcel Number: 5534-031-017
  • Geocode Override: No
  • Lot Size Area: 8200

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Apts/Theatre
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2018
Sold by
Ben Moshe Rami and Ben Moshe Sarit
Bought by
800 El Centro Llc
Current Estimated Value
$2,272,333

Purchase Details

Closed on
Aug 31, 2017
Sold by
Circle Theatre Group Llc
Bought by
Ben Moshe Rami and Ben Moshe Sarit

Purchase Details

Closed on
May 7, 2012
Sold by
Circle Apartments & Theater Management C
Bought by
Circle Theatre Group Llc
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
800 El Centro Llc -- Accommodation
Ben Moshe Rami $1,500,000 Old Republic Title
Circle Theatre Group Llc $800,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 800 El Centro Llc $208,000
Previous Owner Circle Apartments & Theater Management C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $1,500,000 -7.7% $260 / Sq Ft
11/08/2017 11/08/17 Price Changed $1,625,000 -17.7% $281 / Sq Ft
07/14/2017 07/14/17 Price Changed $1,975,000 -9.2% $342 / Sq Ft
11/16/2016 11/16/16 For Sale $2,175,000 -- $377 / 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 $20,758 $1,706,740 $1,137,827 $568,913
2024 $20,758 $1,673,275 $1,115,517 $557,758
2023 $20,364 $1,640,467 $1,093,645 $546,822
2022 $19,430 $1,608,301 $1,072,201 $536,100
2021 $19,184 $1,576,767 $1,051,178 $525,589
2020 $19,378 $1,560,600 $1,040,400 $520,200
2019 $18,616 $1,530,000 $1,020,000 $510,000
2018 $18,566 $1,500,000 $1,000,000 $500,000
2017 $10,955 $865,806 $541,129 $324,677
2016 $10,656 $848,830 $530,519 $318,311
2015 $10,505 $836,081 $522,551 $313,530
2014 $10,553 $819,704 $512,315 $307,389
Source: Public Records

Agents Affiliated with this Home

  • David Passman

    Seller's Agent in 2017

    David Passman

    The Passman Group, Inc.

    (605) 313-4821

    9 Total Sales

    David Passman
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Map

Source: The MLS

MLS Number: 16-182926

The MLS

APN: 5534-031-017

California Los Angeles County Los Angeles 90038 Hollywood

800 N El Centro Ave, Los Angeles, CA

This home is located at 800 N El Centro Ave, Los Angeles, CA 90038 since 16 November 2016 and is currently estimated at $2,272,333, approximately $393 per square foot. This property was built in 1910. 800 N El Centro Ave is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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