NOT LISTED FOR SALE

Estimated Value: $2,450,000 - $3,452,000

7 Beds
3 Baths
4,289 Sq Ft
$671/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $2,400,000 $560 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,280/month

61 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Views
  • Wood Flooring
  • Balcony
  • French Doors

About This Home

As of February 2021

Original Spanish triplex on tree-lined street walking distance to both Santa Monica Blvd and Melrose Place. 2 of the 3 units delivered vacant. Two structures on one property, a front top/bottom spacious duplex with original hardwood floors, an abundance of windows with great natural light, step down living room with stained glass window, and original wood burning fireplaces. Bottom unit has a kitchen w/ newer appliances, and both have Spanish tiled bathrooms, bonus rooms and laundry in unit. 3rd unit in the rear of the property is a single story one bedroom/one bathroom with a bonus room that features a bank of french doors that open up to the rear courtyard, in original condition. Uncovered parking in the front driveway for 3 cars. Rare opportunity in an incredible area, first time on the market in over 40 years waiting for next owner to modernize. Walking distance to grocery stores, parks, the heart of West Hollywood, Melrose Place, and easy access to Beverly Hills and Beverly Grove.

Last Agent to Sell the Property

Derek Lester

Compass License #01921397 Listed on: 10/07/2020

Compass

Co-Listed By

Joseph Reichling

Compass License #01427385

Last Buyer's Agent

Noah Stangby

Trimax Realty, Inc. License #01995586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,120

Year Built

  • Built in 1933

Lot Details

  • 5,988

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,289 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Sewer in Street

Additional Features

  • Balcony
  • 5,988 Sq Ft Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5529-010-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,120

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4289
  • Lot Acreage: 0.1375
  • Probate: No
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Hardwood, Carpet
  • Bedrooms: 7
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Freezer, Dryer, Dishwasher, Ceiling Fan, Microwave, Garbage Disposal, Washer, Range/Oven
  • Price Per S Q F T: 582.65

Exterior Features

  • Other Features: Balcony, French Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 75.51
  • Assessed Improvement Value: 193362
  • Assessed Land Percent: 24.49
  • Assessed Land Value: 62713
  • Total Assessed Value: 256075
  • Assessor Parcel Number: 5529-010-011
  • Lot Size Area: 5988

Rental Info

  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.99
  • Number Of Units: 3
  • Total Annual Expense: 15000
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Bh Holdings Llc
Bought by
Bh Holding Llc
Current Estimated Value
$2,878,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,500
Outstanding Balance
$1,257,277
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$1,621,705

Purchase Details

Closed on
Sep 15, 2021
Sold by
Jonah 26 Llc
Bought by
Bh Holdings Llc

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 9, 2020
Sold by
Arana Noe A
Bought by
1415 Club View Llc
Seller's Agent
Derek Lester
Compass
Buyer's Agent
Noah Stangby
Trimax Realty, Inc.
List Price
$2,599,000
Sold Price
$2,400,000
Premium/Discount to List
-$199,000
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Evanoff Alex
Bought by
Evanoff Alex and Alex Evanoff 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
Bh Holding Llc -- Provident Title
Bh Holdings Llc -- Accommodation/Courtesy Recordi
1415 Club View Llc $2,400,000 Lawyers Title Company
Evanoff Alex -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bh Holding Llc $1,347,500
Previous Owner Evanoff Alex $1,499,400
Previous Owner Evanoff Alex $421,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $2,400,000 -4.0% $560 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $2,499,000 -3.0% $583 / Sq Ft
11/13/2020 11/13/20 Price Changed $2,575,000 -0.9% $600 / Sq Ft
10/07/2020 10/07/20 For Sale $2,599,000 0.0% $606 / Sq Ft
06/28/2018 06/28/18 Rented $3,600 0.0% --
06/15/2018 06/15/18 For Rent $3,600 -- --
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 $31,120 $2,599,427 $2,117,905 $481,522
2024 $31,120 $2,548,459 $2,076,378 $472,081
2023 $30,516 $2,498,490 $2,035,665 $462,825
2022 $29,078 $2,448,000 $1,938,000 $510,000
2021 $3,655 $274,560 $67,239 $207,321
2020 $2,683 $271,746 $66,550 $205,196
2019 $3,552 $266,419 $65,246 $201,173
2018 $3,474 $261,196 $63,967 $197,229
2016 $3,279 $251,055 $61,484 $189,571
2015 $3,234 $247,285 $60,561 $186,724
2014 $3,264 $242,442 $59,375 $183,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-643442

The MLS

APN: 5529-010-011