$2,200,000
SOLD OCT 8, 2021
4 Beds
2 Baths
2,425 Sq Ft
6,550 Sq Ft Lot

Recently Sold

$907 Per Sq Ft

12 Days on Market

About This Home

As of October 2021

813 N. Edinburgh Ave. is a well maintained duplex located in the city of Los Angeles, adjacent to West Hollywood. The 6,549 square foot lot is zoned LAR3 in the TOC Tier 2. Eight units can be built by right and a maximum of twelve units could potentially be built with the TOC density bonus (BUYER TO VERIFY). Average newer built condos have sold about $900/SF within a one mile radius recently. This lot is in a PRIME location near Melrose Ave., between Crescent Heights Blvd. in the city of Los Angeles, adjacent to all West Hollywood, Beverly Hills & Hollywood have to offer. This location is provides close proximity to world renowned restaurants and shopping as well as easy access to the 101 and 405 Freeways. Deemed a "Walker's Paradise" with a Walk Score of 91, most errands can be accomplished on foot! Major local employment opportunities include The Lot, Netflix, Paramount Studios and office employment in Century City, Wilshire District and Downtown Los Angeles. This area is highly sought after by due to proximity to all of the employment, restaurants, museums, and entertainment this HIP area has to offer. Currently there is one 2+1 and one 3+1 with a building size of 2,425 square feet. Plumbing, roof & electrical were updated around the year 2000. Each unit averages over 1,200 square feet and has its own washer and dryer, one in unit other in garage. The property has been well maintained. Located in the city of Los Angeles and subject to LA rent control.

Last Agent to Sell the Property

Nicole Apostolos

Equity Union License #01464936 Listed on: 07/23/2021

Equity Union

Last Buyer's Agent

Nicole Apostolos

Equity Union License #01464936 Listed on: 07/23/2021

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,858

Year Built

  • Built in 1937

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 50x130
  • East Facing Home
  • Value in Land

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5529-022-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,858

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2425
  • Lot Acreage: 0.1504
  • Lot Dimensions: 50x130
  • Probate: No
  • Property Condition: Value Mainly In Land
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Laundry: In Unit, Garage
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Gas Dryer Hookup
  • Price Per S Q F T: 907.22

Exterior Features

  • Direction Faces: East
  • Other Structures: Other

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.91
  • Assessed Improvement Value: 143340
  • Assessed Land Percent: 74.09
  • Assessed Land Value: 409970
  • Total Assessed Value: 553310
  • Assessor Parcel Number: 5529-022-032
  • Lot Size Area: 6550

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2+1 & 3+1
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 9, 2021
Sold by
Smith Frank H and The Frank H Smith Trust
Bought by
813 North Edinburgh Llc
Seller's Agent
Nicole Apostolos
Equity Union
Buyer's Agent
Nicole Apostolos
Equity Union
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
$2,493,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,245
Avg. Annual Appreciation
2.65%
Original Mortgage
$1,320,000
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Smith Frank H and Anastasio Ellen J
Bought by
Smith Frank H and The Frank H Smith Trust Of 2008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,800
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Smith Frank H
Bought by
Smith Frank H and The Frank H Smith Trust Of 2008

Purchase Details

Closed on
Apr 16, 1999
Sold by
Deleon Rachel and Levin Esther
Bought by
Anastasio Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,600
Interest Rate
6.94%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Levin Stanley H
Bought by
Levin Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,600
Interest Rate
6.94%

Purchase Details

Closed on
Apr 28, 1995
Sold by
Spector Minnie
Bought by
Delon Rachael
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 Type Sale Price Title Company
Grant Deed $2,200,000 Lawyers Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Individual Deed $386,500 Equity Title Company
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- Equity Title
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,573,400 Construction
Previous Owner $1,320,000 New Conventional
Previous Owner $533,800 New Conventional
Previous Owner $350,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $413,100 Unknown
Previous Owner $384,900 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $55,000 Unknown
Previous Owner $347,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $2,200,000 0.0% $907 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $2,200,000 -- $907 / 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 $27,858 $2,288,880 $2,278,476 $10,404
2024 $27,858 $2,288,880 $936,360 $1,352,520
2023 $27,317 $2,244,000 $918,000 $1,326,000
2022 $26,042 $2,200,000 $900,000 $1,300,000
2021 $6,949 $559,042 $414,217 $144,825
2019 $6,746 $542,462 $401,932 $140,530
2018 $6,649 $531,826 $394,051 $137,775
2016 $6,344 $511,176 $378,750 $132,426
2015 $6,254 $503,498 $373,061 $130,437
2014 $6,286 $493,636 $365,754 $127,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-766162

The MLS

APN: 5529-022-032