NOT LISTED FOR SALE

Estimated Value: $4,139,000 - $5,631,000

4 Beds
2 Baths
2,392 Sq Ft
$1,978/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $1,420,000 $594 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $28,998/month

5 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • Central Heating
  • Covered Patio or Porch

About This Home

As of July 2018

PRICED TO SELL - DELIVERED VACANT! This classic 1923 side-by-side Spanish Duplex on ca. 6000sf lot zoned LAR2 is located in the West Hollywood and Hancock Park adjacent pocket of Hollywood, in walking distance to boutiques, cafes and restaurants on Melrose, La Brea and beyond. Spacious layout, original hardwood floors, architectural details, fireplace (decorational) in each unit. Detached garage currently serves as retreat like bonus room in private tropical backyard. Long driveway, plus covered parking in front, beautiful and quiet tree lined street. Move in one unit and rent out the other, use as income property that celebrities have rented, update existing structures, or develop parcel to its full potential. CASH OFFERS ONLY. No repairs or credit. Please contact listing agent with questions. SHOWING BY APPOINTMENT - 24 hours notice.

Last Agent to Sell the Property

Corina Danckwerts

Keller Williams Realty Los Feliz License #01936860 Listed on: 04/26/2018

Keller Williams Realty Los Feliz

Last Buyer's Agent

Corina Danckwerts

Keller Williams Realty Los Feliz License #01936860 Listed on: 04/26/2018

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $45,537

Year Built

  • Built in 1923

Lot Details

  • 6,000

Interior Spaces

  • 2,392 Sq Ft Home
  • Decorative Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Automatic Gate

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Covered Patio or Porch
  • 6,000 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5524-001-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$45,537

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2392
  • Year Built: 1923
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 625.00

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered Porch
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Auto Driveway Gate, Carport
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 172001
  • Assessed Land Value: 923524
  • Assessor Parcel Number: 5524-001-006
  • Geocode Override: No
  • Lot Size Area: 6000

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0.00
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Clark Aaron J and The Ouroboros Revocable Trust
Bought by
Clark Aaron and Reale Rebecca
Current Estimated Value
$4,730,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,936,000
Outstanding Balance
$2,701,613
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,931,226

Purchase Details

Closed on
Jul 18, 2019
Sold by
Bream Space Builders Llc
Bought by
Clark Aaron J and The Ouroboros Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,752,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 26, 2018
Closed on
Sep 5, 2018
Sold by
Charisky Oren
Bought by
Dream Space Builders Llc
Seller's Agent
Corina Danckwerts
Keller Williams Realty Los Feliz
Buyer's Agent
Corina Danckwerts
Keller Williams Realty Los Feliz
List Price
$1,595,000
Sold Price
$1,420,000
Premium/Discount to List
-$175,000
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%
Original Mortgage
$894,600
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 10, 2018
Sold by
Stein Birgit
Bought by
Charisky Oren and Charisky Dana
Seller's Agent
Corina Danckwerts
Keller Williams Realty Los Feliz
Buyer's Agent
Corina Danckwerts
Keller Williams Realty Los Feliz
List Price
$1,595,000
Sold Price
$1,420,000
Premium/Discount to List
-$175,000
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,600
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2007
Sold by
Williams Serena Kay
Bought by
Stein Birgit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2007
Sold by
Prochnow Jurgen
Bought by
Stein Birgit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1995
Sold by
Williams Earl
Bought by
Williams Earl and Williams Karena Kay
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
Clark Aaron -- Ticor Title Company Of Ca
Clark Aaron J $3,440,000 Stewart Title Company
Dream Space Builders Llc -- Accommodation
Charisky Oren $1,420,000 Fidelity National Title Comp
Stein Birgit $949,000 Equity Title Company
Stein Birgit -- Equity Title Company
Williams Earl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akalki Revocable Trust $500,000
Open Clark Aaron $2,936,000
Closed Clark Aaron J $2,736,000
Closed Clark Aaron J $2,752,000
Previous Owner Charisky Oren $894,600
Previous Owner Stein Birgit $750,000
Previous Owner Stein Birgit $104,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $1,420,000 -5.0% $594 / Sq Ft
05/14/2018 05/14/18 Price Changed $1,495,000 -6.3% $625 / Sq Ft
04/26/2018 04/26/18 For Sale $1,595,000 -- $667 / 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 $45,537 $3,820,348 $2,122,416 $1,697,932
2024 $45,537 $3,745,440 $2,080,800 $1,664,640
2023 $44,649 $3,672,000 $2,040,000 $1,632,000
2022 $41,921 $3,545,150 $2,009,606 $1,535,544
2021 $41,407 $3,475,638 $1,970,202 $1,505,436
2019 $17,085 $1,420,000 $1,420,000 $0
2018 $13,671 $1,117,435 $941,994 $175,441
2016 $13,071 $1,074,045 $905,416 $168,629
2015 $12,881 $1,057,913 $891,816 $166,097
2014 $12,928 $1,037,191 $874,347 $162,844
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-337598

The MLS

APN: 5524-001-006