NOT LISTED FOR SALE

8655 Guthrie Ave Los Angeles, CA 90034

Mid-City Neighborhood

Estimated Value: $1,296,000 - $1,513,000

4 Beds
4 Baths
2,118 Sq Ft
$653/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $1,106,000 $522 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,511/month

About This Home

As of May 2018

Fantastic Investment Opportunity. Multi-unit 4 plex, all 1 bed, 1 bath, 2,118 sft, 6,316 lot. Close to places of worship, convenient to the 10 freeway, moments from Downtown Culver City.

Interior access subject to offer.

Last Agent to Sell the Property

Dennis Chernov

Equity Union License #01850113 Listed on: 02/21/2018

Equity Union

Co-Listed By

Dennis Herzig

No Firm Affiliation License #01401106

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,294

Year Built

  • Built in 1948

Lot Details

  • 6,306 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,118 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Tax Lot 266
  • Tax Tract Number 1250
  • Assessor Parcel Number 4302028023

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,330
  • Insurance Expense $1,376
  • Maintenance Expense $1,000
  • Pest Control $372
  • Water Sewer Expense $2,367
  • New Taxes Expense $13,125
  • Operating Expense $19,579
  • Gross Income $55,932
  • Net Operating Income $36,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,294

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2367.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Gardener Expense: 1330.00
  • Parcel Number: 4302028023
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 522.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Pest Control Expense: 372.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6306.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Gross Income: 55932.00
  • Gross Scheduled Income: 55932.00
  • Insurance Expense: 1376.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 36353.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 19579.00
  • Rent Control: Yes
  • Total Expenses: 19579.00

Tax Info

  • New Taxes Expense: 13125.00
  • Tax Census Tract: 2696.01
  • Tax Lot: 266
  • Tax Tract Number: 1250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Simino Yashar and Simino Sahar
Bought by
Yashar Family Trust and Yashar
Current Estimated Value
$1,382,513

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 2, 2018
Sold by
Pershing Building Co
Bought by
Yashar David and Yashar Sahar
Seller's Agent
Dennis Chernov
Equity Union
List Price
$1,050,000
Sold Price
$1,106,000
Premium/Discount to List
$56,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$626,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2011
Sold by
Lazar Charles and Lazar Maria M
Bought by
Pershing Building Co

Purchase Details

Closed on
Jul 23, 2001
Sold by
Suffern Norman Glenn and Norman Glenn Suffern Trust
Bought by
Lazar Charles

Purchase Details

Closed on
Aug 29, 1996
Sold by
Suffern Norman G
Bought by
Suffern Norman G and The Norman G Suffern Trust
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
Yashar Family Trust -- None Listed On Document
Yashar David $1,106,000 Fidelity Sherman Oaks
Pershing Building Co $461,500 Lawyers Title Company Inc
Lazar Charles $235,000 Old Republic Title Company
Suffern Norman G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yashar David $626,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $1,106,000 +5.3% $522 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $1,050,000 -- $496 / 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 $15,294 $1,258,433 $1,024,044 $234,389
2024 $15,294 $1,233,759 $1,003,965 $229,794
2023 $15,004 $1,209,569 $984,280 $225,289
2022 $14,317 $1,185,853 $964,981 $220,872
2021 $14,139 $1,162,602 $946,060 $216,542
2019 $13,721 $1,128,120 $918,000 $210,120
2018 $6,594 $519,636 $337,793 $181,843
2016 $6,300 $499,460 $324,677 $174,783
2015 $6,211 $491,959 $319,801 $172,158
2014 $6,257 $482,323 $313,537 $168,786
Source: Public Records

Agents Affiliated with this Home

  • Dennis Chernov

    Seller's Agent in 2018

    Dennis Chernov

    Equity Union

    (818) 432-1524

    481 Total Sales

    Dennis Chernov
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Dennis Herzig

    No Firm Affiliation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18040943

California Regional Multiple Listing Service (CRMLS)

APN: 4302-028-023

California Los Angeles County Los Angeles 90034 Mid-City

8655 Guthrie Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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