NOT LISTED FOR SALE

Estimated Value: $2,390,000 - $3,049,443

6 Beds
4 Baths
4,496 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $2,025,000 $450 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $17,062/month

161 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Laundry Room
  • Hancock Park Elementary Rated 9+
  • Balcony
  • Central Heating and Cooling System

About This Home

As of May 2021

Zoned LAR2, sitting on a large 6250 Sq Ft lot. ~ Lovely maintained upper / lower Spanish style duplex on 4th Street, one of the absolute best blocks in all of Beverly Grove, located just two short blocks south of 3rd street between Sweetzer and La Jolla Avenues. Both units feature 3 Bedrooms and 2 Baths with wonderful open and spacious floor plans. An incredible long term investment or development opportunity in one of the most desirable and popular neighborhoods in Los Angeles, super close to 3rd Streets' shops and restaurants, The Grove and Beverly Center. Must see!

Last Listed By

Tony Berns

Coldwell Banker Realty License #01737527 Listed on: 11/24/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,346

Year Built

  • Built in 1929

Lot Details

  • 6,251 Sq Ft Lot
  • South Facing Home

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 4,496 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Conditioner
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity, trash collection, water
  • Assessor Parcel Number 5511-035-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,346

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Zoned LAR2, sitting on a large 6250 Sq Ft lot. ~ Lovely maintained upper / lower Spanish style duplex on 4th Street, one of the absolute best blocks in all of Beverly Grove, located just two short blocks south of 3rd street between Sweetzer and La Jolla Avenues. Both units feature 3 Bedrooms and 2 Baths with wonderful open and spacious floor plans. An incredible long term investment or development opportunity in one of the most desirable and popular neighborhoods in Los Angeles, super close to 3rd Streets' shops and restaurants, The Grove and Beverly Center. Must see!
  • Living Area: 4496
  • Lot Acreage: 0.1435
  • Probate: No
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven, Cooktop - Gas
  • Bedrooms: 6
  • Laundry: Inside, In Unit
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Freezer, Dishwasher, Water Conditioner, Refrigerator, Range/Oven
  • Price Per S Q F T: 466.86

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Driveway, Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 49.37
  • Assessed Improvement Value: 268275
  • Assessed Land Percent: 50.63
  • Assessed Land Value: 275159
  • Total Assessed Value: 543434
  • Assessor Parcel Number: 5511-035-012
  • Lot Size Area: 6251

Rental Info

  • Tenant Pays: Gas, Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Top / Bottom
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Ravanshenas Robert
Bought by
Robert Ravanshenas Trust and Ravanshenas
Total Days on Market
161
Current Estimated Value
$2,655,861

Purchase Details

Listed on
Nov 24, 2020
Closed on
May 4, 2021
Sold by
Longstreet Marlo Gottfurcht and Gottfurcht Grant
Bought by
Ravanshenas David
Seller's Agent
Tony Berns
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,099,000
Sold Price
$2,025,000
Premium/Discount to List
-$74,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,518,750
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2021
Sold by
Brent Stanley and Longstreet Marlo Gottfurcht
Bought by
Longstreet Marlo Gottfurcht and Gottfurcht Grant

Purchase Details

Closed on
Nov 2, 2015
Sold by
Roths Sherry
Bought by
Rothschild Brent Sherry and The Sherry Rothschild Brent Re

Purchase Details

Closed on
Feb 25, 1998
Sold by
Rothschild Sherry
Bought by
Rothschild Sherry and Sherry Rothschild Trust Of 199

Purchase Details

Closed on
Sep 24, 1997
Sold by
F Chigaridas Trust Chigaridas Chris And Franc
Bought by
Rothschild Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.54%

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

Similar Homes in Los Angeles, CA

  • 7401 Fountain Ave, Los Angeles, CA 90046

    $2,275,000

    • 8 Beds
    • 5 Baths
    • 6,040 Sq Ft
    • 7401 Fountain Ave
    • Los Angeles, CA

    Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first

    Sebastian Wolski Compass

    Section Image
  • 1860 Winona Blvd, Los Angeles, CA 90027

    $2,999,950

    • 8 Beds
    • 4 Baths
    • 4,493 Sq Ft
    • 1860 Winona Blvd
    • Los Angeles, CA

    Beautifully updated 4 unit building in Prime Los Feliz Neighborhood. Seller has spent Hundreds Of Thousands Of $$'s on the interior and exterior upgrades. Full description coming soon.

    Gary Keshishyan Pinnacle Estate Properties

    Section Image
  • 1832 N Alexandria Ave, Los Angeles, CA 90027

    $2,275,000

    • 7 Beds
    • 4 Baths
    • 3,461 Sq Ft
    • 1832 N Alexandria Ave
    • Los Angeles, CA

    This beautifully remodeled four-unit property offers an incredible opportunity for investors and homeowners alike. Whether you choose to live in one unit while renting out the others or lease all four for maximum income potential, this property is a rare find in one of Los Angeles’ most sought-after neighborhoods.The main house showcases a spacious open-concept layout with high ceilings and

    Haik Bokhchalian JohnHart Real Estate

    Section Image
  • 1402 Allesandro St, Los Angeles, CA 90026

    $2,400,000

    • 4 Beds
    • 4 Baths
    • 1,894 Sq Ft
    • 1402 Allesandro St
    • Los Angeles, CA

    Welcome to 1402 Allesandro St, Los Angeles, CA 90026! This stunning property presents a unique opportunity to indulge in the epitome of contemporary living. Fully rehabbed and meticulously crafted, this residence boasts a wealth of upscale features and modern amenities. Upon stepping inside, you'll be greeted by brand-new light oak hardwood flooring that seamlessly flows throughout the space,

    Joshua Glaz The Ave

    Section Image
  • 8206 W 4th St, Los Angeles, CA 90048

    $2,745,000

    • 6 Beds
    • 4 Baths
    • 3,822 Sq Ft
    • 8206 W 4th St
    • Los Angeles, CA

    Rare opportunity to acquire a trophy Spanish duplex in prime Beverly Grove, recently renovated and tastefully restored with style, retaining charm and architectural character yet supplying with all contemporary amenities. Identical top and bottom units with private entry leading to a light and bright living room with wood flooring, recessed lighting, and fireplace. Formal dining room located off

    Sam Plouchart Sotheby's International Realty

    Section Image
  • 6620 W 6th St, Los Angeles, CA 90048

    $2,495,000

    • 6 Beds
    • 4 Baths
    • 3,866 Sq Ft
    • 6620 W 6th St
    • Los Angeles, CA

    Welcome to this spacious and beautifully designed charming duplex, located in the heart of the highly sought-after neighborhood of Beverly Grove. Each unit is 3 bedroom, 2 bath and offer an abundance of natural light, with large windows in every room and ceiling fans throughout. The lower unit has a remodeled kitchen and the upper unit with the opportunity to eventually remodel the kitchen. The

    Preston Gazowsky The Beverly Hills Estates

    Section Image
  • 6427 Orange St, Los Angeles, CA 90048

    $2,850,000

    • 7 Beds
    • 7 Baths
    • 4,032 Sq Ft
    • 6427 Orange St
    • Los Angeles, CA

    A sought-after classic, sophisticated & curated. A beautifully presented Manhattan Style French Normandy Townhouse Triplex, in the heart of Beverly Grove. Each unit tells its own story, including a stunning rear owner's unit (3 bedrooms + 2.5 bathrooms) that spans three sunlit floors of beautifully renovated living space. Highlights include a designer chef's kitchen with quartz counters and

    Peter Maurice Rodeo Realty

    Section Image
  • 351 N Orange Grove Ave, Los Angeles, CA 90036

    $2,295,000

    • 8 Beds
    • 4 Baths
    • 5,985 Sq Ft
    • 351 N Orange Grove Ave
    • Los Angeles, CA

    We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is situated on a 6,373 sq ft

    Vangelis Korasidis Coldwell Banker Realty

    Section Image
  • 543 N La Jolla Ave, Los Angeles, CA 90048

    $3,195,000

    • 7 Beds
    • 5 Baths
    • 4,153 Sq Ft
    • 543 N La Jolla Ave
    • Los Angeles, CA

    Introducing 543 N La Jolla Ave. 3 VACANT UNITS!!! A Rare Beverly Grove Triplex Opportunity. Located on one of Beverly Grove's most coveted and tranquil streets, this fully legal and vacant triplex is truly one-of-a-kind. With over 4,200 sq ft of living space on an oversized 7,000 sq ft lot, opportunities like this are exceptionally rare only a handful of triplexes exist in the neighborhood.The

    David Akhtarzad David Akhtarzad

    Section Image

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
Robert Ravanshenas Trust -- None Listed On Document
Ravanshenas David $2,025,000 Commonwealth Land Title
Longstreet Marlo Gottfurcht -- None Available
Rothschild Brent Sherry -- None Available
Rothschild Sherry -- Provident Title
Rothschild Sherry $395,000 --
Rothschild Sherry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravanshenas David $1,518,750
Previous Owner Rothschild Sherry $1,650,000
Previous Owner Rothschild Sherry $292,000
Previous Owner Rothschild Sherry $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $2,025,000 -3.5% $450 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $2,099,000 +3.7% $467 / Sq Ft
02/12/2021 02/12/21 Off Market $2,025,000 -- --
02/10/2021 02/10/21 For Sale $2,099,000 +3.7% $467 / Sq Ft
01/11/2021 01/11/21 Off Market $2,025,000 -- --
01/08/2021 01/08/21 For Sale $2,099,000 +3.7% $467 / Sq Ft
12/09/2020 12/09/20 Off Market $2,025,000 -- --
11/24/2020 11/24/20 For Sale $2,099,000 -- $467 / 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
2024 $26,346 $2,148,945 $1,697,932 $451,013
2023 $25,838 $2,106,810 $1,664,640 $442,170
2022 $24,638 $2,065,500 $1,632,000 $433,500
2021 $7,375 $582,668 $295,025 $287,643
2020 $7,443 $576,694 $292,000 $284,694
2019 $7,162 $565,387 $286,275 $279,112
2018 $7,034 $554,302 $280,662 $273,640
2016 $6,687 $532,779 $269,764 $263,015
2015 $6,592 $524,777 $265,712 $259,065
2014 $6,625 $514,499 $260,508 $253,991
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-663344

The MLS

APN: 5511-035-012