NOT LISTED FOR SALE

8915 Rangely Ave West Hollywood, CA 90048

Estimated Value: $2,583,000 - $2,847,000

4 Beds
2 Baths
2,649 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $2,200,000 $831 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $17,139/month

10 Days on Market

About This Home

As of November 2018

A-list insiders are in-the-know of this lovely and quiet enclave nestled between West Hollywood and Beverly Hills. It's a neighborly pace of peace and tranquility, winding thru and meandering tree-lined sidewalks connecting to its LA's heartbeat of top salons, epic dining, arts and design district and world class arts & design district, and world class clothing. Robertson Boulevard's shopping and star-gazing has recently become a haven for celebrity shoppers and several popular celebrity-infused eateries, such as The Ivy and Sur. This architectural circa 1927, Spanish duplex beckons to be reinvigorated as a income producing property, or completely re-imagined to follow trend In this enclave as a spacious single family residence.

Last Agent to Sell the Property

Jeffrey Young

Sotheby's International Realty License #00977617 Listed on: 09/06/2018

Last Buyer's Agent

Tony Tyre

T&S Brokers, Inc. License #01883979

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,947

Year Built

  • Built in 1927

Lot Details

  • 4,748

Home Design

  • 2,649 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • Driveway

Additional Features

  • Gas And Electric Dryer Hookup
  • 4,748 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4336-024-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,947

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2649
  • Year Built: 1927
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 868.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking, Driveway, Garage Is Detached

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Assessed Improvement Value: 581902
  • Assessed Land Value: 857543
  • Assessor Parcel Number: 4336-024-023
  • Geocode Override: No
  • Lot Size Area: 4748

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 19, 2018
Sold by
Liberty Fund Llc
Bought by
Tyre Tony J and Brown Nathan W
Seller's Agent
Jeffrey Young
Sotheby's International Realty
Buyer's Agent
Tony Tyre
T&S Brokers, Inc.
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%
Current Estimated Value
$2,651,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,261
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,650,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2017
Sold by
Nobi Chidi
Bought by
Liberty Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,500
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2004
Sold by
Winter Sidney Christopher and Jelly Jeffrey Roger
Bought by
Nobi Chidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1999
Sold by
Ovadia Albert R Co Tr Ovadia Trust
Bought by
Winter Sidney Christopher and Jelly Jeffrey Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
8.85%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tyre Tony J $2,200,000 Fidelity National Title Comp
Liberty Fund Llc $1,936,000 None Available
Nobi Chidi $1,175,000 Chicago Title Co
Winter Sidney Christopher $445,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyre Tony J $1,800,000
Closed Tyre Tony J $1,650,000
Previous Owner Liberty Fund Llc $1,657,500
Previous Owner Nobi Chidi $200,000
Previous Owner Nobi Chidi $1,200,000
Previous Owner Nobi Chidi $200,000
Previous Owner Nobi Chidi $1,000,000
Previous Owner Nobi Chidi $200,000
Previous Owner Nobi Chidi $822,500
Previous Owner Winter Sidney Christopher $10,000
Previous Owner Winter Sidney Christopher $462,000
Previous Owner Winter Sidney Christopher $378,250
Closed Nobi Chidi $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $2,200,000 -4.3% $831 / Sq Ft
09/06/2018 09/06/18 For Sale $2,300,000 -- $868 / 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
2025 $29,947 $2,454,137 $1,472,483 $981,654
2024 $29,947 $2,406,017 $1,443,611 $962,406
2023 $29,347 $2,358,841 $1,415,305 $943,536
2022 $27,795 $2,312,590 $1,387,554 $925,036
2021 $27,484 $2,267,247 $1,360,348 $906,899
2019 $26,560 $2,200,000 $1,320,000 $880,000
2018 $30,367 $2,500,000 $1,500,000 $1,000,000
2017 $17,895 $1,439,445 $857,543 $581,902
2016 $17,499 $1,411,222 $840,729 $570,493
2015 $17,226 $1,390,025 $828,101 $561,924
2014 $17,211 $1,362,797 $811,880 $550,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-383336

The MLS

APN: 4336-024-023