NOT LISTED FOR SALE

8211 Romaine St West Hollywood, CA 90046

Estimated Value: $2,335,000 - $3,056,000

7 Beds
4 Baths
4,718 Sq Ft
$555/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $2,350,000 $498 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,874/month

101 Days on Market

Highlights

  • Attached Guest House
  • View of Hills
  • Main Floor Primary Bedroom
  • Dual Staircase
  • Maid or Guest Quarters
  • Spanish Architecture

About This Home

As of September 2021

Architecturally stunning corner lot Spanish triplex plus guest room in the heart of Weho. This property has two separate structures. The front, 1001 Havenhurst is currently configured as a 3/1.5 and has a prepaid Solar lease until 2038 and 1003 Havenhurst is a 2/1+office both have been extensively upgraded with their own washer/dryer units. The back structure, 8211 Romaine St.is a 2/1 above 3 garage spaces and a separate guest room with shared laundry. All units have central HVAC, tank-less water heater (2) and a shared sanctuary type setting in the backyard. Centrally located between Santa Monica, Crescent Heights and Melrose with an abundance of shopping (Melrose boutiques, the Grove, Beverly Center), restaurants, entertainment and public transportation.

Last Agent to Sell the Property

William Miura

Keller Williams Beverly Hills License #01708641 Listed on: 03/01/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Theary Sim-ieng

California Fin. & RE Center License #01117816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,201

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,550 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Zero Lot Line

Parking

  • 3 Car Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Hills
  • Neighborhood

Home Design

  • Triplex
  • Spanish Architecture
  • Additions or Alterations
  • Raised Foundation

Interior Spaces

  • 4,718 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Panel Doors
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room
  • Storage

Kitchen

  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Converted Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Solar owned by a third party
  • Attached Guest House

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 12 / C
  • Tax Tract Number 5614
  • Assessor Parcel Number 5529018013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $41
  • Gardener Expense $960
  • Insurance Expense $3,339
  • Maintenance Expense $1,800
  • Professional Management Expense $7,496
  • Trash Expense $57
  • Water Sewer Expense $1,390
  • New Taxes Expense $30,000
  • Operating Expense $45,515
  • Gross Income $149,928
  • Net Operating Income $101,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,201

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.20
  • Inclusions: Prepaid solar lease, refrigerators, washer and dryers.
  • Professional Management Expense: 7496.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1390.00
  • Zoning: WDR2*
  • Architectural Style: Spanish
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5529018013
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Storage, Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 498.09
  • Room Type: Bonus Room, Converted Bedroom, Game Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House Attached
  • Exterior Features: Lighting, Rain Gutters
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property, Photovoltaics Third-Party Owned
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 57.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System, Sprinklers In Front, Yard, Zero Lot Line
  • Lot Size Sq Ft: 6550.00
  • Lot Size Acres: 0.1504

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 41.00
  • Garage Income: 1800.00
  • Gross Income: 149928.00
  • Gross Multiplier: 16.00
  • Gross Operating Income: 146930.00
  • Gross Scheduled Income: 149928.00
  • Insurance Expense: 3339.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6550.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 101415.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 45515.00
  • Other Income1: 7476.00
  • Other Income Description: Guest Room and Garage Rent
  • Rent Control: Yes
  • Total Actual Rent: 7494.00
  • Total Expenses: 45515.00
  • Vacancy Allowance: 2998
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Block: C
  • Tax Census Tract: 7002.00
  • Tax Lot: 12
  • Tax Tract Number: 5614

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jul 21, 2021
Sold by
Hara Tetsuo
Bought by
Tan Kusal and Sim Ieng Theary
Seller's Agent
William Miura
Keller Williams Beverly Hills
Buyer's Agent
Theary Sim-ieng
California Fin. & RE Center
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%
Current Estimated Value
$2,619,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,740
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,200,000
Outstanding Balance
$1,087,867
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,531,873

Purchase Details

Closed on
Aug 3, 2015
Sold by
Levine Neil S
Bought by
Hara Tetsuo

Purchase Details

Closed on
Mar 13, 2007
Sold by
Aristov Andrey and Estate Of Michael Roman Zasimo
Bought by
Levine Neil S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tan Kusal $2,350,000 Clearmark Title
Hara Tetsuo -- Clearmark Title
Hara Tetsuo $1,922,500 Equity Title
Levine Neil S $1,269,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Kusal $1,200,000
Previous Owner Levine Neil S $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $2,350,000 -6.0% $498 / Sq Ft
06/15/2021 06/15/21 For Sale $2,500,000 0.0% $530 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $2,500,000 -2.0% $530 / Sq Ft
03/15/2021 03/15/21 Price Changed $2,550,000 -1.9% $540 / Sq Ft
03/01/2021 03/01/21 For Sale $2,600,000 -- $551 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,201 $2,493,838 $1,989,765 $504,073
2024 $31,201 $2,444,940 $1,950,750 $494,190
2023 $30,558 $2,397,000 $1,912,500 $484,500
2022 $28,926 $2,350,000 $1,875,000 $475,000
2021 $26,251 $2,102,531 $1,470,952 $631,579
2020 $26,464 $2,080,973 $1,455,870 $625,103
2019 $25,365 $2,040,171 $1,427,324 $612,847
2018 $25,099 $2,000,169 $1,399,338 $600,831
2016 $23,965 $1,922,500 $1,345,000 $577,500
2015 $17,994 $1,414,641 $1,003,294 $411,347
2014 $17,983 $1,386,931 $983,641 $403,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21037298

California Regional Multiple Listing Service (CRMLS)

APN: 5529-018-013