$1,625,000
SOLD JUN 23, 2021
5 Beds
5 Baths
2,916 Sq Ft
7,006 Sq Ft Lot

Recently Sold

$557 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Ground Level Unit
  • Porch
  • Wood Flooring
  • Balcony
  • Laundry Room

About This Home

As of June 2021

An amazing investor opportunity to add this fully occupied Mid-Century 4-Plex to their investment portfolio. Tucked away in a quiet neighborhood of Westchester (Playa Vista adjacent) close to Loyola Marymount University & only a few miles to "Silicon Beach" area demands excellent rents. 3 units have recently been renovated w trendy designer touches throughout including new kitchens/baths, floors, tankless water-heaters, washer/dryers in unit, newer roof, A/C, newer drought tolerant landscaping & newer exterior paint to name a few upgrades. Each unit w private patio. 5 parking. Fully Occupied Units. Do not disturb tenants.

Last Agent to Sell the Property

Doug Snell

Moylan Realty Group, Inc License #01700850 Listed on: 05/25/2021

Last Buyer's Agent

Heba Abulazm

Real Estate Source, Inc. License #01391926

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,160

Year Built

  • Built in 1949

Lot Details

  • 7,006 Sq Ft Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • 1 Carport Space

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Flat Roof Shape
  • Combination Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • Ground Level Unit

Utilities

  • Multi-Tank Gas Water Heater
  • Tankless Water Heater

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4125-015-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,160

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Ground Level, Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: An amazing investor opportunity to add this fully occupied Mid-Century 4-Plex to their investment portfolio. Tucked away in a quiet neighborhood of Westchester (Playa Vista adjacent) close to Loyola Marymount University only a few miles to "Silicon Beach" area demands excellent rents. 3 units have recently been renovated with trendy designer touches throughout including new kitchens/baths, floors, tankless water-heaters, washer/dryers in unit, newer roof, A/C, newer drought tolerant landscaping & newer exterior paint to name a few upgrades. Each unit w private patio. 5 parking. Fully Occupied Units. Rents are actual. Do not disturb tenants.
  • Alley: Yes
  • Living Area: 2916
  • Lot Acreage: 0.1608
  • Probate: No
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Mixed, Ceramic Tile
  • Appliances: Oven, Gas
  • Bedrooms: 5
  • Common Walls: Attached
  • Laundry: In Unit, Inside
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 548.70

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Balcony, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab, Combination
  • Patio: Balcony, Porch
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 4
  • Other Spaces: 1
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage Is Attached, Parking Space
  • Total Parking: 5

Utilities

  • Water Heater: Tankless, Multi-Tank, Gas
  • Cooling: Air Conditioning
  • Heating: Combination
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 22.22
  • Assessed Improvement Value: 200000
  • Assessed Land Percent: 77.78
  • Assessed Land Value: 700000
  • Total Assessed Value: 900000
  • Assessor Parcel Number: 4125-015-009
  • Lot Size Area: 7006

Rental Info

  • Total Actual Rent: 106548.00
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.01
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Abouelata and Sabah
Bought by
Abouelata And Hashalh Family Revocable Trust

Purchase Details

Closed on
Oct 8, 2021
Sold by
Waziry Diaeldin M
Bought by
Abulazm Heba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2021
Sold by
Abouelata Wesman and Hashalh Sabah
Bought by
Hashalh Sabah and Abulazm Heba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 11, 2021
Sold by
Lai Josh
Bought by
Abouelata Wesam and Hashalh Sabah
Seller's Agent
Doug Snell
Moylan Realty Group, Inc
Buyer's Agent
Heba Abulazm
Real Estate Source, Inc.
List Price
$1,600,000
Sold Price
$1,625,000
Premium/Discount to List
$25,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$1,218,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 16, 2016
Sold by
Caloyeras Alexander Peter
Bought by
Lai Josh
Seller's Agent
Scott Rosenberg
Kidder Mathews of California, Inc.
Buyer's Agent
Doug Snell
Moylan Realty Group, Inc
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$750,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2016
Sold by
Hild Renate C
Bought by
Caloyeras Alexander Peter and Caloyeras John Peter

Purchase Details

Closed on
Jun 1, 1998
Sold by
Hild Lloyd G
Bought by
Hild Lloyd G and Hild Renate C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.17%

Purchase Details

Closed on
Jun 15, 1981
Sold by
Hild Lloyd G
Bought by
Hild Lloyd G and Hild Renate C
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $1,625,000 Lawyers Title Company
Grant Deed $1,000,000 Stewart Title
Grant Deed $3,845,000 Stewart Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,218,750 New Conventional
Previous Owner $1,218,750 Commercial
Previous Owner $750,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $108,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,775,000 -4.8% $609 / Sq Ft
06/24/2025 06/24/25 For Sale $1,865,000 +14.8% $640 / Sq Ft
06/23/2021 06/23/21 Sold $1,625,000 +1.6% $557 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,600,000 0.0% $549 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $1,600,000 +60.0% $549 / Sq Ft
01/19/2017 01/19/17 Sold $1,000,000 +0.1% $343 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $999,000 -- $343 / 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
2024 $21,160 $1,724,462 $1,034,677 $689,785
2023 $20,754 $1,690,650 $1,014,390 $676,260
2022 $19,792 $1,657,500 $994,500 $663,000
2021 $13,066 $1,080,610 $428,880 $651,730
2020 $13,197 $1,069,531 $424,483 $645,048
2019 $12,676 $1,048,560 $416,160 $632,400
2018 $12,558 $1,028,000 $408,000 $620,000
2016 $1,477 $98,534 $49,267 $49,267
2015 $1,460 $97,054 $48,527 $48,527
2014 $1,495 $95,154 $47,577 $47,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-597902

The MLS

APN: 4125-015-009