NOT LISTED FOR SALE

806 N Citrus Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,676,000 - $1,759,000

5 Beds
3 Baths
2,373 Sq Ft
$725/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $1,685,000 $710 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,378/month

96 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Spanish Architecture
  • Water Purifier

About This Home

As of July 2024

Beautifully remodeled 1920's Melrose Tri-plex with amazing walkability to Osteria Mozza, Starbucks, California Chicken Cafe, and so many other shops and restaurants. Tree-lined street just north of Melrose and west of Highland in Hancock Park adjacent surrounded by multi-million dollar homes. This 3-unit building has kept her old Spanish charm of hardwood floors and stucco archways while undergoing extensive renovations including central heat & air, new electrical and plumbing, new kitchens and baths, stainless steel appliances, and washer/dryer units in all 3 apartments. Designed with privacy in mind, each unit has its own garage and private gated and hedged yards. The largest unit, a 2-bedroom/1 bath, will be delivered vacant for an owner-occupied opportunity or can easily be rented for $4,000/month. Unit 2 is a 2-bedroom/1 bath, currently rented for $3,950 and Unit 3 is a large studio with built-in Murphy Bed and separate kitchen currently rented for $2,000/month. Amazing rental history, amazing location, amazing amenities.

Last Agent to Sell the Property

Stuart Bell

Real Estate eBroker Inc. License #02012217 Listed on: 03/06/2024

Real Estate eBroker Inc.

Last Buyer's Agent

Stephany Delgado

The Agency License #02003810

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,894

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,002 Sq Ft Lot

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Driveway

Home Design

  • Triplex
  • Spanish Architecture

Interior Spaces

  • 2,373 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Water Purifier
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5524-003-011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,894

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2373
  • Lot Acreage: 0.1378
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Cable, Dryer, Dishwasher, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Washer, Water Filter, Refrigerator
  • Price Per S Q F T: 756.43

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 13.17
  • Assessed Improvement Value: 133967
  • Assessed Land Percent: 86.83
  • Assessed Land Value: 882913
  • Total Assessed Value: 1016880
  • Assessor Parcel Number: 5524-003-011
  • Lot Size Area: 6002

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 3
  • Total Annual Expense: 16300
  • Type Of Units: Tri-plex
  • Vacancy Rate: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Jul 15, 2024
Sold by
Miller-Bell Family Trust and Bell Allen
Bought by
Perelman Alec
Seller's Agent
Stuart Bell
Real Estate eBroker Inc.
Buyer's Agent
Stephany Delgado
The Agency
List Price
$1,850,000
Sold Price
$1,685,000
Premium/Discount to List
-$165,000
-8.92%
Views
32
Current Estimated Value
$1,720,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,695
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,348,000
Outstanding Balance
$1,334,280
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$386,415

Purchase Details

Closed on
Jan 17, 2018
Sold by
Bell Allen
Bought by
Bell Allen and Bell Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,860
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2009
Sold by
Bell Allen
Bought by
Bell Allen Damon and Miller Stuart Howell

Purchase Details

Closed on
Jan 24, 2005
Sold by
Herman Nava
Bought by
Bell Allen and Miller Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1996
Sold by
Mason Renee
Bought by
Herman Nava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.59%

Purchase Details

Closed on
Apr 8, 1996
Sold by
Mason Renee
Bought by
Mason Renee and The Renee Mason Revocable Trust
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
Perelman Alec $1,685,000 Fidelity National Title
Bell Allen -- Ticor Title Company Of Calif
Bell Allen Damon -- None Available
Bell Allen $759,000 First American Title Co
Herman Nava $200,000 Progressive Title Company
Mason Renee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perelman Alec $1,348,000
Previous Owner Bell Allen $300,000
Previous Owner Bell Allen $769,860
Previous Owner Bell Allen $125,000
Previous Owner Bell Allen $843,750
Previous Owner Bell Allen $607,200
Previous Owner Bell Allen $150,000
Previous Owner Herman Nava $172,000
Previous Owner Herman Nava $178,000
Previous Owner Herman Nava $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $1,685,000 -6.1% $710 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $1,795,000 -3.0% $756 / Sq Ft
03/06/2024 03/06/24 For Sale $1,850,000 0.0% $780 / Sq Ft
10/28/2019 10/28/19 Rented $3,850 +1.4% --
10/04/2019 10/04/19 Price Changed $3,795 -1.4% $4 / Sq Ft
09/14/2019 09/14/19 For Rent $3,850 -- --
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 $12,894 $1,685,000 $1,185,000 $500,000
2024 $12,894 $1,037,217 $900,571 $136,646
2023 $12,650 $1,016,880 $882,913 $133,967
2022 $12,072 $996,942 $865,601 $131,341
2021 $11,918 $977,395 $848,629 $128,766
2019 $11,565 $948,407 $823,459 $124,948
2018 $11,469 $929,812 $807,313 $122,499
2016 $10,965 $893,709 $775,965 $117,744
2015 $10,806 $880,286 $764,310 $115,976
2014 $10,856 $863,044 $749,339 $113,705
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stuart Bell

    Real Estate eBroker Inc.

    (213) 479-4131

    1 in this area

    3 Total Sales

    Stuart Bell
    Section Image
  • Stephany Delgado

    Buyer's Agent in 2024

    Stephany Delgado

    The Agency

    (818) 472-9615

    1 in this area

    51 Total Sales

    Stephany Delgado
    Section Image

  • D

    Seller's Agent in 2019

    Dominic Labriola

    Craft & Bauer Real Estate Co.

    Section Image
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Map

Source: The MLS

MLS Number: 24-365491

The MLS

APN: 5524-003-011

California Los Angeles County Los Angeles 90038 Hollywood

806 N Citrus Ave, Los Angeles, CA

This home is located at 806 N Citrus Ave, Los Angeles, CA 90038 since 06 March 2024 and is currently estimated at $1,720,695, approximately $725 per square foot. This property was built in 1924. 806 N Citrus 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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