NOT LISTED FOR SALE

842 N Genesee Ave Los Angeles, CA 90046

Melrose Neighborhood

Estimated Value: $2,062,000 - $2,515,471

4 Beds
4 Baths
2,350 Sq Ft
$984/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $1,925,000 $819 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,494/month

76 Days on Market

Highlights

  • Wood Flooring
  • Auto Driveway Gate
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2017

West Hollywood Spanish Style Duplex - Secluded Sanctuary Property is gated and hedged for privacy, located on one of the most coveted streets in highly sought-after West Hollywood area while still maintaining the ownership benefits of a L.A. zip code.Both homes Vacant.Brand new, fully permitted restoration of a Spanish style side-by-side duplex featuring state-of-the art green construction from the foundation up. Each home has 2 spacious and bright bedrooms and 2 full designer baths. Open and spacious kitchens feature subway tile, new stainless-steel appliances and Viking ranges. New bathrooms include Carrara marble and frameless glass shower doors. Continuous wide plank natural wood floors and recessed lighting throughout.2-car finished garage can be used as a bonus room or studio. Brand new systems include: copper plumbing, 100% new electrical with LED lighting, new roof, 2 HVAC's.Property has lush landscaping with mature hedges surrounding the perimeter of the oversized gated lot.

Last Agent to Sell the Property

Richard Alderman

Compass License #01964280 Listed on: 07/14/2017

Compass

Co-Listed By

Cary Goldstone

House Network License #01257356

Last Buyer's Agent

Alan Weiner

Beverly and Company, Inc. License #00715795

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,111

Year Built

  • Built in 1924

Lot Details

  • 6,498

Interior Spaces

  • 2,350 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Auto Driveway Gate

Additional Features

  • 6,498 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5527-005-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,111

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2350
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 829.79

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway Gate, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 406100
  • Assessed Land Value: 913725
  • Assessor Parcel Number: 5527-005-004
  • Geocode Override: No
  • Lot Size Area: 6498

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 6, 2017
Sold by
Robinson Treesa L
Bought by
Okhovat Mahmoud and Okhovat Shahnaz
Seller's Agent
Richard Alderman
Compass
Buyer's Agent
Alan Weiner
Beverly and Company, Inc.
List Price
$2,000,000
Sold Price
$1,925,000
Premium/Discount to List
-$75,000
-3.75%
Current Estimated Value
$2,312,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,118
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Aug 26, 2014
Sold by
Levine David J
Bought by
Robinson Treesa L

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
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Burns John J
Bought by
Levine David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2003
Sold by
John Joseph Burns Iii Trust
Bought by
Burns John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,550
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Burns John J
Bought by
John Joseph Burns Iii Trust

Purchase Details

Closed on
Aug 15, 1994
Sold by
Dodds Douglas A
Bought by
Burns John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
4.87%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Bialer Ilan
Bought by
Burns John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
4.87%
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 Buyer Sale Price Title Company
Okhovat Mahmoud $1,925,000 Fidelity Sherman Oaks
Robinson Treesa L $1,300,000 Orange Coast Title Company
Levine David J $935,000 First American Title Co Of L
Burns John J -- Gateway Title Company
John Joseph Burns Iii Trust -- --
Burns John J -- --
Burns John J $349,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Treesa L $750,000
Previous Owner Levine David J $535,000
Previous Owner Burns John J $297,550
Previous Owner Burns John J $314,000
Previous Owner Burns John J $312,000
Previous Owner Burns John J $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $1,925,000 -1.3% $819 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $1,949,995 -2.5% $830 / Sq Ft
07/14/2017 07/14/17 For Sale $2,000,000 +53.8% $851 / Sq Ft
11/09/2014 11/09/14 Sold $1,300,000 -6.8% $584 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $1,395,000 -- $627 / 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 $26,111 $2,190,317 $1,314,191 $876,126
2024 $26,111 $2,147,371 $1,288,423 $858,948
2023 $25,604 $2,105,266 $1,263,160 $842,106
2022 $24,408 $2,063,988 $1,238,393 $825,595
2021 $24,112 $2,023,518 $1,214,111 $809,407
2019 $23,386 $1,963,840 $1,178,100 $785,740
2018 $23,304 $1,925,340 $1,155,000 $770,340
2016 $15,977 $1,319,825 $913,725 $406,100
2015 $15,743 $1,300,000 $900,000 $400,000
2014 $13,659 $1,099,014 $852,405 $246,609
Source: Public Records

Agents Affiliated with this Home

  • Richard Alderman

    Seller's Agent in 2017

    Richard Alderman

    Compass

    (310) 633-0661

    8 Total Sales

    Richard Alderman
    Section Image
  • Cary Goldstone

    Seller Co-Listing Agent in 2017

    Cary Goldstone

    House Network

    (310) 821-7020

    10 Total Sales

    Cary Goldstone
    Section Image

  • A

    Buyer's Agent in 2017

    Alan Weiner

    Beverly and Company, Inc.

    (310) 788-0700

    4 Total Sales

    Alan Weiner
    Section Image
  • Layla Book

    Buyer Co-Listing Agent in 2017

    Layla Book

    Boardwalk Real Estate, Inc.

    (310) 435-9876

    Layla Book
    Section Image

  • D

    Seller's Agent in 2014

    David Kinder

    David Kinder

    Section Image
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Map

Source: The MLS

MLS Number: 17-251652

The MLS

APN: 5527-005-004

California Los Angeles County Los Angeles 90046 Melrose

842 N Genesee Ave, Los Angeles, CA

This home is located at 842 N Genesee Ave, Los Angeles, CA 90046 since 14 July 2017 and is currently estimated at $2,312,118, approximately $983 per square foot. This property was built in 1924. 842 N Genesee Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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