NOT LISTED FOR SALE

Estimated Value: $2,514,000 - $3,094,426

6 Beds
4 Baths
3,892 Sq Ft
$724/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $2,465,000 $633 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $17,494/month

78 Days on Market

Highlights

  • French Architecture
  • 4 Car Garage
  • Central Heating and Cooling System

About This Home

As of May 2022

100% Vacant Beverly Grove Duplex close distance to The Grove, Beverly Center, and all the shops and restaurants on 3rd St and Melrose Ave! Perfect for an Owner-User to Live in One Unit and Rent out the other or for an Investor to rent out both. Beautiful and updated, charming French Normandy duplex, with two 3BR/2BA units delivered vacant! Both units have a great floor plan with center hallway, grand living rooms featuring fireplaces and picturesque windows with stained glass details, formal dining rooms overlooking the front courtyard and patio upstairs, kitchens with separate breakfast rooms with lovely built-in corner cabinets. 3 generous bedrooms and 2 updated bathrooms in each unit. There are two 2-car garages that may be converted into ADUs, as well as a patio in the back and a serene courtyard in the front. The property sits on a 5,877 SF R3 Lot with 20 feet Alley in the back for future development. You may be able to build up to 5 units by right and resale each for 1.5M-2M or you can build up to 10 Units with TOC Tier 2 and keep it as a rental; Buyer is advised to independently verify the accuracy of all information and rely solely on his own investigation.

Last Agent to Sell the Property

Leah Brenner Naomi Hartman

Coldwell Banker Realty License #00917665 Listed on: 01/25/2022

Coldwell Banker Realty

Co-Listed By

Naomi Hartman

Coldwell Banker Realty License #00769979

Last Buyer's Agent

Leah Brenner Naomi Hartman

Coldwell Banker Realty License #00917665 Listed on: 01/25/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,249

Year Built

  • Built in 1937

Lot Details

  • 5,878

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • French Architecture

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 5,878 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-028-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,249

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: French Normandy
  • Street Number Display: Yes
  • Living Area: 3892
  • Lot Acreage: 0.1349
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Dishwasher, Dryer, Washer, Refrigerator, Freezer
  • Price Per S Q F T: 635.92

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 28.57
  • Assessed Improvement Value: 143340
  • Assessed Land Percent: 71.43
  • Assessed Land Value: 358362
  • Total Assessed Value: 501702
  • Assessor Parcel Number: 5511-028-004
  • Lot Size Area: 5878

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Wolin Family Trust and Wolin Leslie J
Bought by
Insta Properties 1 Llc and Selby Capital Llc
Current Estimated Value
$2,816,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2014
Sold by
Wolin Leslie J
Bought by
Wolin Family Trust

Purchase Details

Closed on
Jul 12, 2012
Sold by
Wolin Leslie J and Wolin Frances A
Bought by
Wolin Leslie J and Wolin Frances A

Purchase Details

Closed on
Mar 7, 2005
Sold by
Sobel Emil and Sobel Elena
Bought by
Wolin Leslie J

Purchase Details

Closed on
Oct 29, 1998
Sold by
Brasoro Ltd
Bought by
Sobel Emil

Purchase Details

Closed on
Oct 29, 1996
Sold by
Beigel Eliana Ronnie
Bought by
Brasoro Ltd

Purchase Details

Closed on
Jan 23, 1996
Sold by
Widawer Martha and Huebel Dorothy
Bought by
Beigel Eliana Ronnie
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
Insta Properties 1 Llc $1,765,000 Equity Title
Wolin Family Trust -- None Available
Wolin Leslie J -- None Available
Wolin Frances A -- None Available
Wolin Leslie J -- None Available
Wolin Leslie J -- --
Sobel Emil $350,000 Stewart Title
Brasoro Ltd -- --
Beigel Eliana Ronnie $347,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Insta Properties 1 Llc $1,412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $2,465,000 -0.4% $633 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $2,475,000 +1.0% $636 / Sq Ft
02/18/2022 02/18/22 Price Changed $2,450,000 -1.8% $629 / Sq Ft
01/25/2022 01/25/22 For Sale $2,495,000 -- $641 / 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 $31,249 $2,615,877 $1,591,812 $1,024,065
2024 $31,249 $2,564,586 $1,560,600 $1,003,986
2023 $30,642 $2,514,300 $1,530,000 $984,300
2022 $21,465 $1,800,300 $1,326,000 $474,300
2021 $6,325 $506,899 $362,074 $144,825
2020 $6,382 $501,702 $358,362 $143,340
2019 $6,139 $491,866 $351,336 $140,530
2018 $6,056 $482,223 $344,448 $137,775
2016 $5,754 $463,500 $331,074 $132,426
2015 $5,672 $456,538 $326,101 $130,437
2014 $5,701 $447,596 $319,714 $127,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-121589

The MLS

APN: 5511-028-004