$1,575,000
SOLD JUL 31, 2013
-- Bed
-- Bath
3,600 Sq Ft
7,710 Sq Ft Lot

Recently Sold

$438 Per Sq Ft

5% Above List Price

23 Days on Market

About This Home

As of March 2022

We are proud to present a rare opportunity to acquire a very clean, well maintained income property in the city of West Hollywood. The property consists of ten (10) charming single units. This building is master metered for gas and electricity. This is a great opportunity for an investor. The property features: 10 Very Well Maintained Singles, Remodeled, Very Low Maintenance Costs, Very Desirable Rental Area. The subject property is in excellent condition and is extremely easy to maintain.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 05/21/2013

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

Mike Nourmand

Nourmand & Associates-BH License #01281017

Nourmand & Associates-BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Parking

  • On-Street Parking

Home Design

  • 3,600 Sq Ft Home

Additional Features

  • 7,710 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5525-001-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3600
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 416.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 7727.00

Fee Information

  • Gas Expense: 2365.00
  • Insurance Expense: 3324.00
  • Maintenance Expense: 5986.00

Lot Info

  • Assessed Improvement Value: 870396
  • Assessed Land Value: 761597
  • Assessor Parcel Number: 5525-001-005
  • Geocode Override: No
  • Lot Size Area: 7710

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 12.53
  • Number Of Units: 10
  • Total Annual Expense: 38722
  • Type Of Units: Studio
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 18000.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $2,650,000 0.0% $736 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/20/2022 01/20/22 Off Market $2,650,000 -- --
01/07/2022 01/07/22 For Sale $2,675,000 0.0% $743 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
11/16/2021 11/16/21 For Sale $2,675,000 +0.9% $743 / Sq Ft
11/15/2021 11/15/21 Off Market $2,650,000 -- --
10/21/2021 10/21/21 Price Changed $2,675,000 -3.6% $743 / Sq Ft
08/17/2021 08/17/21 Price Changed $2,775,000 -1.8% $771 / Sq Ft
07/25/2021 07/25/21 For Sale $2,825,000 +79.4% $785 / Sq Ft
07/31/2013 07/31/13 Sold $1,575,000 +5.0% $438 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $1,500,000 -- $417 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-674669

The MLS