NOT LISTED FOR SALE

8850 Cynthia St West Hollywood, CA 90069

Estimated Value: $1,638,000 - $1,926,000

2 Beds
2 Baths
1,248 Sq Ft
$1,430/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $785,000 $629 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $10,955/month

118 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wall Furnace
  • West Hollywood Elementary School Rated A-

About This Home

As of August 2013

** NEWS: Termite Report completed 3/14/13 - ATTACHED AS SUPPLEMENT - Some work needed - SELLER WILL PAY ** Superb duplex in terrific area of West Hollywood ** Offering Two 1 bdrm, 1 ba upgraded units w/rich wood cabinetry and granite counters in kitchens & baths ** ** On demand Rheem hot water system in both units ** Upgraded custom tilework and shower doors in both baths ** Deluxe, stacked washers & dryers in both units ** Stove/ovens & dishwashers replaced in both units ** Lower unit w/hardwood floors, upper unit with plush carpeting ** This is your opportunity to purchase a terrific property in a great area ** SEE 29 ATTACHED PHOTOS PLEASE ** See agent remarks.

Last Agent to Sell the Property

Skip Zeleny

Realty One Group United License #00473390 Listed on: 02/01/2013

Realty One Group United

Last Buyer's Agent

Skip Zeleny

Realty One Group United License #00473390 Listed on: 02/01/2013

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 3,466 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 1,248 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 7693
  • Assessor Parcel Number 4339019015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,500
  • Water Sewer Expense $600
  • New Taxes Expense $9,200
  • Gross Income $33,620
  • Net Operating Income $32,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4339019015
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 629.01

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Level with Street, Corner Lot
  • Lot Size Sq Ft: 3466.00
  • Lot Size Acres: 0.0800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33620.00
  • Gross Scheduled Income: 34680.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3466.0000 Square Feet
  • Net Operating Income: 32980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 1700.00
  • Rent Control: Yes
  • Total Actual Rent: 2890.00

Tax Info

  • New Taxes Expense: 9200.00
  • Tax Lot: 20
  • Tax Tract Number: 7693
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2017
Sold by
Reilly Maria F O and The Maria F Oreilly Revocable
Bought by
Darvish M Adam
Current Estimated Value
$1,784,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,162,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jul 25, 2013
Sold by
Oreilly Maria F
Bought by
Oreilly Maria F and The Marla F Oreilly Revocable
Seller's Agent
Skip Zeleny
Realty One Group United
Buyer's Agent
Skip Zeleny
Realty One Group United
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$579,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jun 4, 2013
Sold by
Cornillault Matthieu
Bought by
Reilly Maria F O
Seller's Agent
Skip Zeleny
Realty One Group United
Buyer's Agent
Skip Zeleny
Realty One Group United
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2008
Sold by
Freedman Martin S
Bought by
Cornillault Matthieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1995
Sold by
Pascoe Donald T and Pascoe Evelyn
Bought by
Freedman Martin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.59%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darvish M Adam $1,550,000 Equity Title
Oreilly Maria F -- Accommodation
Reilly Maria F O $772,000 Orange Coast Title
Cornillault Matthieu $719,000 Equity Title Company
Freedman Martin S $203,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darvish M Adam $1,162,500
Previous Owner Reilly Maria F O $579,000
Previous Owner Cornillault Matthieu $369,000
Previous Owner Freedman Martin S $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Sold $785,000 0.0% $629 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $785,000 -- $629 / 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 $18,794 $1,513,306 $1,194,718 $318,588
2024 $18,794 $1,483,635 $1,171,293 $312,342
2023 $18,395 $1,454,545 $1,148,327 $306,218
2022 $17,399 $1,426,025 $1,125,811 $300,214
2021 $19,886 $1,629,326 $1,103,737 $525,589
2019 $19,210 $1,581,000 $1,071,000 $510,000
2018 $19,046 $1,550,000 $1,050,000 $500,000
2017 $13 $815,418 $570,371 $245,047
2016 $10,264 $799,431 $559,188 $240,243
2015 $10,108 $787,424 $550,789 $236,635
2014 $10,103 $772,000 $540,000 $232,000
Source: Public Records

Agents Affiliated with this Home

  • Skip Zeleny

    Seller's Agent in 2013

    Skip Zeleny

    Realty One Group United

    (310) 251-2407

    2 Total Sales

    Skip Zeleny
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13013793

California Regional Multiple Listing Service (CRMLS)

APN: 4339-019-015

California Los Angeles County West Hollywood 90069

8850 Cynthia St, West Hollywood, CA

Not Listed for Sale

MultiFamily

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