NOT LISTED FOR SALE

Estimated Value: $2,318,000 - $3,088,904

6 Beds
4 Baths
4,060 Sq Ft
$622/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $2,120,000 $522 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $15,604/month

65 Days on Market

Highlights

  • Gourmet Kitchen
  • Living Room with Fireplace
  • Spanish Architecture
  • Hancock Park Elementary Rated 9+
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2023

Classic 1931 Spanish DUPLEX on sweeping corner lot - Owner's GORGEOUS unit (upstairs) to be vacated after COE. Full of character and vintage touches of the 1930's, this home features a bonus office area off the living room, and original oak floors with custom inlays. The dining room is ideal for both formal and informal friend and family gatherings. Style, form and function unite beautifully in the reimagined kitchen & BK. Bathrooms are rich with 1930's styling, boasting mint condition art deco tile and design, yet are updated and modern. Newer double paned windows, crystal doorknobs, custom closets & motorized awnings. Remote controlled room-darkening electric shades & stunning balconies off Liv Rm & Master bedroom. Backyard sports an extra large patio with outdoor kitchen and dining area for al fresco entertaining. 650 sq ft oversized double garages have possibility of conversion to or adding ADU's and thus offer potential added value. An amazing rare opportunity to live richly in 1 unit, collect rent from the other and be located in 1 of LA's best neighborhoods near The Grove and West Hlwd!

Last Agent to Sell the Property

Jennifer Niman

Berkshire Hathaway HomeServices California Properties License #00965903 Listed on: 02/26/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non-member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,520

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 6,247 Sq Ft Lot
  • North Facing Home
  • Fenced Yard
  • Gated Home
  • Corner Lot
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 4,060 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Custom Window Coverings
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas and Electric Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5511-042-019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,520

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Disability Access: Chairlift, Grab Bars In Bathroom(s)
  • Exclusions: Dining Room chandelier, a few other light fixtures - please ask before writing
  • Living Area: 4060
  • Lot Acreage: 0.1434
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-Ins
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Hardwood
  • Appliances: Gas/Electric Range, Warmer Oven Drawer
  • Bedrooms: 6
  • Bathroom Features: Shower and Tub, Shower Stall, Remodeled
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Pantry, Remodeled, Gourmet Kitchen
  • Laundry: In Unit, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Microwave, Network Wire, Washer, Trash Compactor
  • Price Per S Q F T: 578.82
  • Windows: Drapes/Curtains, Custom Window Covering

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony
  • Other Structures: None
  • Construction: Frame and Stucco
  • Number Patio: 2
  • Patio: Concrete Slab, Porch, Porch - Front, Balcony, Patio Open, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage - 4+ Car, Garage Is Detached, Oversized
  • Total Parking: 4

Utilities

  • Water Heater: Multi-Tank
  • Cooling: Central
  • Heating: Central
  • Security: Gated, Smoke Detector
  • Water Heaters: Yes

Association/Amenities

  • Pet Rules: Pets Permitted

Lot Info

  • Assessed Improvement Percent: 35.34
  • Assessed Improvement Value: 570826
  • Assessed Land Percent: 64.66
  • Assessed Land Value: 1044350
  • Total Assessed Value: 1615176
  • Assessor Parcel Number: 5511-042-019
  • Lot Description: Front Yard, Fenced Yard, Single Lot, Yard
  • Lot Location: Flats, City, Corner Lot
  • Lot Size Area: 6247

Rental Info

  • Number Leased: 1
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: COE

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2023
Closed on
Jul 12, 2023
Sold by
Voskanian Maria Avadis
Bought by
Parsanian Zorick
Seller's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$2,350,000
Sold Price
$2,120,000
Premium/Discount to List
-$230,000
-9.79%
Total Days on Market
65
Views
395
Current Estimated Value
$2,523,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,976
Avg. Annual Appreciation
8.88%

Purchase Details

Listed on
Feb 26, 2023
Closed on
May 3, 2023
Sold by
Weiss Gabriel Henrich and Livi Eva
Bought by
Ats Investment Properties
Seller's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Non-member 999999
Non-member Office
List Price
$2,350,000
Sold Price
$2,120,000
Premium/Discount to List
-$230,000
-9.79%
Views
395

Purchase Details

Closed on
Aug 10, 2015
Sold by
Weiss Gabriel and Weiss Eva
Bought by
The Gabriel Henrich Weiss & Eva Weiss Li

Purchase Details

Closed on
Oct 23, 2014
Sold by
Weiss Gabriel and Weiss Eva
Bought by
Weiss Gariel and Weiss Eva

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
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Armaswalker Andrew and Armaswalker Orlando
Bought by
Weiss Gabriel and Weiss Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Armaswalker Andrew and Armaswalker Orlando
Bought by
Armaswalker Andrew and Armaswalker Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 11, 1994
Sold by
Glendale Federal Bank Fsb
Bought by
Walker Andrew S and Armas Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
7.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 1993
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb
Source: Public Records

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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
Parsanian Zorick -- California Title Company
Parsanian Zorick $2,170,000 California Title Company
Ats Investment Properties $2,120,000 California Title Company
The Gabriel Henrich Weiss & Eva Weiss Li -- None Available
Weiss Gariel -- Wfg Title Company
Weiss Gabriel $1,640,000 Stewart Title Of Ca Inc
Armaswalker Andrew -- First American Title Ins Co
Walker Andrew S $395,000 Gateway Title Company
Glendale Federal Bank Fsb $645,214 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiss Gariel $1,000,000
Previous Owner Weiss Gabriel $1,260,000
Previous Owner Armaswalker Andrew $417,000
Previous Owner Armaswalker Andrew $300,000
Previous Owner Armaswalker Andrew $693,700
Previous Owner Armaswalker Andrew $110,000
Previous Owner Armaswalker Andrew $577,500
Previous Owner Armaswalker Andrew $100,000
Previous Owner Armas Orlando $50,000
Previous Owner Walker Andrew S $444,800
Previous Owner Walker Andrew S $355,500
Closed Parsanian Zorick $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $2,120,000 -9.8% $522 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
02/26/2023 02/26/23 For Sale $2,350,000 -- $579 / 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 $26,520 $2,170,000 $1,500,000 $670,000
2023 $20,250 $1,647,479 $1,065,237 $582,242
2022 $19,312 $1,615,176 $1,044,350 $570,826
2021 $19,064 $1,583,507 $1,023,873 $559,634
2019 $18,493 $1,536,541 $993,505 $543,036
2018 $18,401 $1,506,414 $974,025 $532,389
2016 $17,582 $1,447,919 $936,203 $511,716
2015 $17,325 $1,426,171 $922,141 $504,030
2014 $17,383 $1,398,235 $904,078 $494,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-243855

The MLS

APN: 5511-042-019