NOT LISTED FOR SALE

8939 Keith Ave West Hollywood, CA 90069

Estimated Value: $1,834,725 - $2,508,000

5 Beds
5 Baths
2,866 Sq Ft
$729/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,760,000 $614 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,960/month

43 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • Fireplace in Kitchen
  • West Hollywood Elementary School Rated A-
  • Views of Trees
  • 4-minute walk to West Hollywood Park

About This Home

As of July 2021

Step through gated and hedged courtyard entry to this incredible pride of ownership Triplex with Pool. Architecturally appointed and located in the coveted Norma Triangle, just a block from Beverly Hills. Extremely private units, each with fireplace , are separated by a sparkling pool. Unit 1 features 2 bedrooms, 2baths with beam ceilings, bamboo flooring, and a remodeled kitchen with Cesar stone counter tops and stainless steel appliances. Updated bath with subway tiles and marble counter tops. Laundry inside unit. Glass sliders lead to private outdoor dining room with pool view. Unit 2 is a large 2 bedroom, 2 bath with oversized rooms and fireplace. The huge lanai features high ceilings with skylights and tranquil views. Unit 3 is large 1 bedroom bungalow with lanai and fireplace. Walls of glass overlooking the pool area. Multiple outdoor seating areas throughout the property. Property will not be delivered vacant. Plenty of off-street, side by side parking space located in a highly coveted neighborhood close to shops and restaurants with a 95 walk score. A one of a kind trophy property with much upside potential but will not be delivered vacant. It won't last long.

Last Agent to Sell the Property

Penni Ziers

Keller Williams Beverly Hills License #00978612 Listed on: 03/25/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Outside Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,084

Year Built

  • Built in 1958

Lot Details

  • 5,494 Sq Ft Lot
  • South Facing Home
  • Gated Home

Property Views

  • Trees
  • Pool

Home Design

  • Triplex
  • Post and Beam

Interior Spaces

  • 2,866 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Home Office
  • Bonus Room with Fireplace
  • Art Studio
  • Wood Flooring

Kitchen

  • Gas Oven
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Side by Side Parking

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch
  • Lanai

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, pool service
  • Assessor Parcel Number 4340-016-008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,084

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Post & Beam
  • Street Number Display: Yes
  • Advertising Remarks: Step through gated and hedged courtyard entry to this incredible pride of ownership Triplex with Pool. Architecturally appointed and located in the coveted Norma Triangle~just a block from Beverly Hills. Extremely private units~each w/fireplace, are separated by a sparkling pool. Unit 1~ 2 BR/2baths w/beam ceilings, bamboo flooring, Remodeled kitchen w/Cesar stone counter tops & stainless steel appliances. Updated bath w/subway tiles & marble counter tops. Laundry inside unit. Glass sliders lead to private outdoor dining room w/pool view. Unit 2 is a large 2 BR, 2 BA w/oversized rooms & fireplace. The huge lanai features high ceilings w/skylights & tranquil views. Unit 3 is large 1 bedroom bungalow w/lanai & fireplace. Walls of glass overlooking the pool area. Multiple outdoor seating areas~Plenty of side by side parking~Upside potential but property will not be delivered vacant.
  • Living Area: 2866
  • Lot Acreage: 0.1261
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room, Bonus Room, Kitchen
  • Flooring: Hardwood, Mixed
  • Appliances: Built-Ins, Oven-Gas
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Washer, Dryer
  • Price Per S Q F T: 628.05

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Patio: Lanai
  • Pool Description: In Ground, Private
  • Pool: Yes
  • View: Tree Top, Pool
  • View: Yes

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Side By Side
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 22.87
  • Assessed Improvement Value: 363256
  • Assessed Land Percent: 77.13
  • Assessed Land Value: 1225034
  • Total Assessed Value: 1588290
  • Assessor Parcel Number: 4340-016-008
  • Lot Description: Utilities Underground
  • Lot Size Area: 5494

Rental Info

  • Owner Pays: Water, Pool Service
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2013
Sold by
Turner Norval E and Turner Nancy J
Bought by
Turner Noval E and Turner Nancy J
Current Estimated Value
$2,088,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$439,362
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$1,649,069

Purchase Details

Closed on
May 3, 2011
Sold by
Turner Norval E and Turner Nancy J
Bought by
Turner Norval E and Turner Nancy J

Purchase Details

Closed on
May 6, 2005
Sold by
Smith Thomas Samuel and Smith Thomas Margot
Bought by
Turner Norval and Turner Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Thomas Margot Smith
Bought by
Smith Thomas Samuel and Smith Thomas Margot

Purchase Details

Closed on
Apr 27, 2000
Sold by
Trust Wells Fargo Bank Tr Beatriz Smith D and Snyder Smith Beatriz
Bought by
Thomas Margot Smith
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
Kourehchian Ali $1,760,000 None Listed On Document
Kourehchian Ali -- Equity Title
Turner Noval E -- Accommodation
Turner Norval E -- California Title Company
Turner Norval E -- None Available
Turner Norval $1,295,000 Equity
Smith Thomas Samuel -- --
Thomas Margot Smith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kourehchian Ali $1,257,750
Previous Owner Turner Norval E $625,000
Previous Owner Turner Norval $1,036,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $1,760,000 -2.2% $614 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,800,000 0.0% $628 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $1,800,000 -- $628 / 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 $24,084 $1,905,078 $1,504,580 $400,498
2024 $24,084 $1,867,725 $1,475,079 $392,646
2023 $23,567 $1,831,104 $1,446,156 $384,948
2022 $22,284 $1,795,200 $1,417,800 $377,400
2021 $20,230 $1,604,744 $1,237,725 $367,019
2020 $20,391 $1,588,890 $1,225,034 $363,856
2019 $19,539 $1,557,748 $1,201,014 $356,734
2018 $19,368 $1,527,216 $1,177,465 $349,751
2016 $18,530 $1,467,338 $1,131,744 $335,594
2015 $18,245 $1,445,299 $1,114,745 $330,554
2014 $18,233 $1,416,988 $1,092,909 $324,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-710484

The MLS

APN: 4340-016-008