$2,500,000
SOLD APR 14, 2017

West Hollywood, CA 90046

14 Beds
14 Baths
9,868 Sq Ft
7,506 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

3% Above List Price

4 Days on Market

About This Home

As of May 2021

10 Unit building located just 1 block north Santa Monica and West of Fairfax. This property has on-site laundry facilities. The property is subject to rent control.

Last Agent to Sell the Property

Gilbert Alkhas

The Gilbert Group License #00980035 Listed on: 03/27/2017

Last Buyer's Agent

Gilbert Alkhas

The Gilbert Group License #00980035 Listed on: 03/27/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,506 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 9,868 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 14 Parking Spaces
  • Subterranean Parking
  • Parking Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5554009012

Community Details

Overview

  • 10 Units

Building Details

  • 9 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Insurance Expense $6,488
  • Professional Management Expense $6,000
  • Water Sewer Expense $6,904
  • New Taxes Expense $29,000
  • Operating Expense $68,000
  • Net Operating Income $39,136

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 6904.00
  • Zoning: WDR4*
  • Property Type: Residential Income
  • Parcel Number: 5554009012
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 253.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 14.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7506.00

Multi Family

  • Gross Scheduled Income: 107136.00
  • Insurance Expense: 6488.00
  • Net Operating Income: 39136.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 9
  • Number Of Units Total: 10
  • Operating Expense: 68000.00
  • Rent Control: Yes
  • Total Actual Rent: 8928.00
  • Total Expenses: 68000.00

Tax Info

  • New Taxes Expense: 29000.00
  • Tax Census Tract: 7002.00
  • Tax Lot: 12
  • Tax Tract Number: *

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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

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $3,180,000 -3.6% $322 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $3,298,000 -5.4% $334 / Sq Ft
02/22/2021 02/22/21 For Sale $3,488,000 +39.5% $353 / Sq Ft
04/14/2017 04/14/17 Sold $2,500,000 +3.1% $253 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $2,425,000 -- $246 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gilbert Alkhas

    The Gilbert Group

    (714) 609-1962

    1 in this area

    2 Total Sales

    Gilbert Alkhas
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17065797

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County West Hollywood

90046

This home and is currently priced at $2,500,000, approximately $253 per square foot. This property was built in 1963. This home is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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