D
Seller's Agent in 2021
DANIEL CASTIEL
DYNASTY REAL ESTATE
853 N Mansfield Ave Los Angeles, CA 90038
Hollywood NeighborhoodEstimated Value: $1,414,000 - $1,711,000
5
Beds
4
Baths
2,403
Sq Ft
$656/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Laundry Room
- Bike Trail
- No HOA
- 3 Car Garage
- Level Lot
About This Home
As of October 2021Fantastic Location steps from West Hollywood! This area has a lots of new development with many new restaurants, shops all within walking distance. It's a unique Art Deco Style Fourplex, nestled on a beautiful tree-lined street. Just down the street to the Melrose/Fairfax District. Don't miss this great Value Add opportunity in this prime West Hollywood adjacent area!
Each unit has a separate address. The building consists of (1) 2 Bedroom + 1 Bath, (2) 1 Bedroom + 1 Bath and 1 Studio unit + 1 bath. The back of the building has a detached 3 car garage structure, and one additional parking pad.
Last Agent to Sell the Property
DANIEL CASTIEL
DYNASTY REAL ESTATE License #01023338 Listed on: 05/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,323
Year Built
- Built in 1940
Lot Details
- 5,999 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 3 Car Garage
- 1 Open Parking Space
- Parking Available
- Three Garage Doors
Home Design
- Quadruplex
- Flat Roof Shape
Interior Spaces
- 2,403 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 143
- Tax Tract Number 4608
- Assessor Parcel Number 5524001032
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $1,064
- Maintenance Expense $410
- Pest Control $175
- Water Sewer Expense $1,134
- New Taxes Expense $20,877
- Operating Expense $16,570
- Gross Income $62,457
- Net Operating Income $45,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2021
Closed on
Oct 22, 2021
Sold by
Dawidowicz Lea and Dawidowicz Family Trust
Bought by
Romeo Louis Michael and Lmr49 Trust
Seller's Agent
DANIEL CASTIEL
DYNASTY REAL ESTATE
List Price
$1,475,000
Sold Price
$1,350,000
Premium/Discount to List
-$125,000
-8.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,918
Avg. Annual Appreciation
4.73%
Original Mortgage
$945,000
Outstanding Balance
$861,817
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$749,382
Purchase Details
Closed on
Mar 10, 2021
Sold by
Dawidowicz Lea
Bought by
Dawidowicz Lea
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romeo Louis Michael | $1,350,000 | Lawyers Title | |
| Dawidowicz Lea | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Romeo Louis Michael | $945,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $1,350,000 | -8.5% | $562 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $1,475,000 | 0.0% | $614 / Sq Ft |
| 09/15/2021 09/15/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | Price Changed | $1,475,000 | -6.3% | $614 / Sq Ft |
| 08/02/2021 08/02/21 | Price Changed | $1,575,000 | -4.5% | $655 / Sq Ft |
| 07/01/2021 07/01/21 | Price Changed | $1,650,000 | -4.3% | $687 / Sq Ft |
| 05/21/2021 05/21/21 | Price Changed | $1,725,000 | -3.9% | $718 / Sq Ft |
| 05/03/2021 05/03/21 | For Sale | $1,795,000 | -- | $747 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,323 | $1,432,630 | $1,146,104 | $286,526 |
| 2024 | $17,323 | $1,404,540 | $1,123,632 | $280,908 |
| 2023 | $16,993 | $1,377,000 | $1,101,600 | $275,400 |
| 2022 | $16,209 | $1,350,000 | $1,080,000 | $270,000 |
| 2021 | $5,176 | $401,826 | $291,465 | $110,361 |
| 2020 | $5,224 | $397,707 | $288,477 | $109,230 |
| 2019 | $5,030 | $389,910 | $282,821 | $107,089 |
| 2018 | $4,922 | $382,266 | $277,276 | $104,990 |
| 2016 | $4,693 | $367,424 | $266,510 | $100,914 |
| 2015 | $4,628 | $361,906 | $262,507 | $99,399 |
| 2014 | $4,664 | $354,817 | $257,365 | $97,452 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21073530
APN: 5524-001-032
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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