NOT LISTED FOR SALE

Estimated Value: $1,645,000 - $2,794,000

7 Beds
4 Baths
4,116 Sq Ft
$559/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $1,800,000 $437 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,509/month

10 Days on Market

Highlights

  • View of Hills
  • Private Yard
  • Landscaped
  • Property is near public transit
  • Laundry Room
  • Level Lot

About This Home

As of February 2018

Amazing 4-plex in Beverlywood. Building has unique layout, with townhome-style units on either side and two flat-style units— one up, one down— in the middle. Units include hardwood floors, granite counters in kitchen, and plenty of natural light. All units have washer/dryers. All units separately metered. Four 1-car garages at rear of building. Apartments remodeled in 2004. Improvements in 2016/2017 include: new fencing, new electrical panels/breaker boxes, new paver patios, new landscaping, new front gate and alley gate to garages, and new back staircase for the upstairs flat. Conveniently located near Beverly Hills, the Grove, Century City, West Hollywood, and Culver City.

Last Agent to Sell the Property

Vanessa Mongeon

Dilbeck Real Estate License #01796040 Listed on: 01/08/2018

Co-Listed By

Dan Sanchez

Engel & Völkers Burbank License #01258134

Last Buyer's Agent

Vanessa Mongeon

Dilbeck Real Estate License #01796040 Listed on: 01/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,709

Year Built

  • Built in 1948

Lot Details

  • 7,266 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,116 Sq Ft Home
  • Views of Hills

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Property is near public transit
  • Overhead Utilities

Listing and Financial Details

  • Tenant pays for cable TV, telephone
  • Tax Lot 219
  • Tax Tract Number 7385
  • Assessor Parcel Number 4303031025

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,440
  • Insurance Expense $1,371
  • Maintenance Expense $400
  • Other Expense $271
  • Trash Expense $500
  • Water Sewer Expense $1,646
  • New Taxes Expense $24,938
  • Operating Expense $30,566
  • Net Operating Income $77,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,709

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1646.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 4303031025
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 437.32

Exterior Features

  • View: Hills
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999, Level, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 7266.00

Rental Info

  • Tenant Pays: Cable TV, Telephone

Multi Family

  • Gross Scheduled Income: 83065.00
  • Insurance Expense: 1371.00
  • Maintenance Expense: 400.00
  • Net Operating Income: 77437.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5628.00
  • Other Expense: 271.00
  • Other Expense Description: LA City
  • Rent Control: Yes
  • Total Actual Rent: 6972.07
  • Total Expenses: 30566.00

Tax Info

  • New Taxes Expense: 24938.00
  • Tax Census Tract: 2170.02
  • Tax Lot: 219
  • Tax Tract Number: 7385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Hassidim Living Trust
Bought by
Bh Property Holdings Llc
Current Estimated Value
$2,302,752

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 13, 2018
Sold by
B H Property Holdings Llc
Bought by
Hassidim Benyamin and Hassidim Living Trust
Seller's Agent
Vanessa Mongeon
Dilbeck Real Estate
Buyer's Agent
Vanessa Mongeon
Dilbeck Real Estate
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jan 29, 2018
Sold by
Noble Lisa Anne Marie
Bought by
B H Property Holdings Llc
Seller's Agent
Vanessa Mongeon
Dilbeck Real Estate
Buyer's Agent
Vanessa Mongeon
Dilbeck Real Estate
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jul 15, 2016
Sold by
Bloomfield Matthew David
Bought by
Noble Lisa Anne Marie
Seller's Agent
Andrew Maleski
ACM Properties
Buyer's Agent
Gregory Harris
Compass
List Price
$1,499,000
Sold Price
$1,465,000
Premium/Discount to List
-$34,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$1,098,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 24, 2016
Sold by
Noble Paul Wesley
Bought by
Noble Lisa Anne Marie
Seller's Agent
Andrew Maleski
ACM Properties
Buyer's Agent
Gregory Harris
Compass
List Price
$1,499,000
Sold Price
$1,465,000
Premium/Discount to List
-$34,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Sorotskin Belle
Bought by
Sorotskin Belle and The Belle Sorotskin Separate Property Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Sorotskin Belle
Bought by
Sorotskin Belle and The Belle Sorotskin Separate Property Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ebrahimi Pedram
Bought by
Sorotskin Belle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Clemens Betty
Bought by
Ebrahimi Pedram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2002
Sold by
Sacks Margaret
Bought by
Sacks Margaret and Margaret Sacks 2002 Revocable Living Tr
Source: Public Records

Range of Values:

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Average Value
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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
Bh Property Holdings Llc -- None Listed On Document
Hassidim Benyamin -- Usa Title
B H Property Holdings Llc $1,800,000 Orange Coast Title
Noble Lisa Anne Marie $1,465,000 Lawyers Title
Noble Lisa Anne Marie -- Lawyers Title
Sorotskin Belle -- Investors Title Company
Sorotskin Belle -- Investors Title Company
Sorotskin Belle -- --
Sorotskin Belle -- Southland Title Corporation
Ebrahimi Pedram $750,000 Equity Title Company
Sacks Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassidim Benyamin $915,000
Previous Owner Hassidim Benyamin $931,600
Previous Owner Noble Lisa Anne Marie $1,098,750
Previous Owner Sorotskin Belle $260,000
Previous Owner Sorotskin Belle $250,000
Previous Owner Ebrahimi Pedram $150,000
Previous Owner Ebrahimi Pedram $610,000
Previous Owner Ebrahimi Pedram $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $1,800,000 -9.8% $437 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $1,995,000 +36.2% $485 / Sq Ft
07/29/2016 07/29/16 Sold $1,465,000 -2.3% $356 / Sq Ft
04/22/2016 04/22/16 For Sale $1,499,000 -- $364 / 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 $24,709 $2,048,087 $1,820,524 $227,563
2024 $24,709 $2,007,929 $1,784,828 $223,101
2023 $24,235 $1,968,559 $1,749,832 $218,727
2022 $23,114 $1,929,961 $1,715,522 $214,439
2021 $22,823 $1,892,120 $1,681,885 $210,235
2019 $22,142 $1,836,000 $1,632,000 $204,000
2018 $18,355 $1,494,300 $918,000 $576,300
2016 $18,595 $1,524,852 $1,218,706 $306,146
2015 $18,325 $1,501,948 $1,200,400 $301,548
2014 $18,399 $1,472,528 $1,176,886 $295,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18002705

California Regional Multiple Listing Service (CRMLS)

APN: 4303-031-025