$1,867,000
SOLD OCT 3, 2024
6 Beds
4 Baths
4,331 Sq Ft
6,245 Sq Ft Lot

Recently Sold

$431 Per Sq Ft

6% Below List Price

52 Days on Market

Highlights

  • Spanish Architecture
  • Built-In Features
  • Laundry Room
  • Hancock Park Elementary Rated 9+
  • Views
  • Central Heating and Cooling System

About This Home

As of October 2024

Exquisite 1920s Spanish duplex, located in the highly sought-after Beverly Grove neighborhood. The property features 2 units (upper & lower) for a combined total of 4,331 SF of bright & free-flowing living space w renovated kitchen + bathrooms, & a backyard w garage. Each unit includes a large living room with expansive windows that allow an abundance of natural light to flood the space, complemented by a cozy fireplace. The spacious dining room seamlessly connects to the generously sized renovated kitchen. The updated kitchen is a culinary enthusiast's dream, equipped with all appliances (dishwasher, fridge, range/oven w hood) & ample cabinetry for storage. Conveniently, the laundry room is situated at the back of the kitchen w additional exit/entry to property. Both units offer 3 spacious BDs, including a primary BD with an en-suite bath. All BDs provide plenty of closet space & are bathed in natural light. The large shared bathroom was recently renovated & features a separate tub & shower. The upper unit boasts an additional patio accessible from the dining room, perfect for outdoor relaxation & entertaining. Currently, the upper unit is tenant-occupied & lower is vacant. This property represents a unique opportunity to own a piece of classic Spanish architecture in one of Los Angeles' most desirable neighborhoods. Whether for investment or as a charming home, this Beverly Grove duplex is an exceptional choice. (Fireplace decorative)

Last Agent to Sell the Property

Basya Gradon

Compass License #01893478 Listed on: 07/25/2024

Compass

Last Buyer's Agent

Anselm Clinard

Compass License #01872344

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,121

Year Built

  • Built in 1928

Parking

  • Driveway

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 4,331 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,245 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-037-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,121

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Exquisite 1920s Spanish duplex, located in the highly sought-after Beverly Grove neighborhood. The property features 2 units (upper & lower) for a combined total of 4,331 SF of bright & free-flowing living space w renovated kitchen + bathrooms, & a backyard w garage. Each unit includes a large living room with expansive windows that allow an abundance of natural light to flood the space, complemented by a cozy fireplace. The spacious dining room seamlessly connects to the generously sized renovated kitchen. The updated kitchen is a culinary enthusiast's dream, equipped with all appliances (dishwasher, fridge, range/oven w hood) & ample cabinetry for storage. Conveniently, the laundry room is situated at the back of the kitchen w additional exit/entry to property. This property represents a unique opportunity to own a piece of classic Spanish architecture in one of LA most desirable areas
  • Living Area: 4331
  • Lot Acreage: 0.1434
  • Year Built: 1928
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Laundry: In Unit, Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 460.63

Exterior Features

  • Other Structures: Other
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Electric Expense: 2400.00
  • Heating: Central
  • Water Expense: 6000.00

Fee Information

  • Gas Expense: 500.00
  • Insurance Expense: 3000.00
  • Maintenance Expense: 750.00

Lot Info

  • Assessed Improvement Percent: 38.46
  • Assessed Improvement Value: 618874
  • Assessed Land Percent: 61.54
  • Assessed Land Value: 990204
  • Total Assessed Value: 1609078
  • Assessor Parcel Number: 5511-037-003
  • Lot Size Area: 6245

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.20
  • Number Of Units: 2
  • Total Annual Expense: 33934
  • Type Of Units: Duplex
  • Vacancy Rate: Yes

Tax Info

  • Tax Expense: 19734.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 4, 2024
Sold by
Armando & Lola Davidovits Family Trust and Davidovits Armando
Bought by
Benny And Mookie Llc
Seller's Agent
Basya Gradon
Compass
Buyer's Agent
Anselm Clinard
Compass
List Price
$1,995,000
Sold Price
$1,867,000
Premium/Discount to List
-$128,000
-6.42%
Views
18
Current Estimated Value
$1,921,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,536
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Dec 5, 2023
Sold by
Davidovits Armando Rony and Davidovits Lola
Bought by
Armando & Lola Davidovits Family Trust and Davidovits

Purchase Details

Closed on
May 19, 2009
Sold by
Gonda Properties Inc
Bought by
Davidovits Ron and Davidovits Lola

Purchase Details

Closed on
Nov 22, 1996
Sold by
Davidovits Ron
Bought by
Gonda Properties Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,867,000 Provident Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $1,867,000 -6.4% $431 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $1,995,000 -- $461 / 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 $20,121 $1,867,000 $1,497,000 $370,000
2024 $20,121 $1,641,259 $1,010,008 $631,251
2023 $19,734 $1,609,078 $990,204 $618,874
2022 $18,819 $1,577,529 $970,789 $606,740
2021 $18,572 $1,546,598 $951,754 $594,844
2019 $18,014 $1,500,726 $923,525 $577,201
2018 $17,908 $1,471,301 $905,417 $565,884
2016 $17,101 $1,414,170 $870,259 $543,911
2015 $16,850 $1,392,928 $857,187 $535,741
2014 $16,905 $1,365,643 $840,396 $525,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-419653

The MLS

APN: 5511-037-003