NOT LISTED FOR SALE

Estimated Value: $1,696,645 - $2,820,000

8 Beds
4 Baths
5,434 Sq Ft
$387/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $1,750,000 $322 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $13,444/month

34 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Tandem Parking
  • Spanish Architecture
  • 4 Car Detached Garage
  • Laundry Room

About This Home

As of June 2023

Classic 4-plex in LA area adjacent to West Hollywood. Location and land....sold with an older building. 4 tenants in place. Each unit has 2 bedrooms, 1 bath, laundry in the unit, wood floors and classic design features. LA City has placed the property in their REAP program---remains repairs are not substantial. Interior inspection with an accepted offer. It is imperative that nobody disturbs the tenants---do not approach them or speak to them in any way. Seller may carry part of the financing of the purchase.

Last Agent to Sell the Property

Amy Klein

Rodeo Realty License #01364392 Listed on: 03/17/2023

Rodeo Realty

Co-Listed By

Kathryn Bishop

The ONE Luxury Properties License #01347101

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,130

Year Built

  • Built in 1926

Lot Details

  • 6,615 Sq Ft Lot
  • West Facing Home
  • Corner Lot

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Stucco

Interior Spaces

  • 5,434 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Tandem Parking
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5529-002-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,130

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 5434
  • Lot Acreage: 0.1519
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 4
  • Flooring: Mixed, Wood, Wood Under Carpet
  • Bedrooms: 8
  • Laundry: In Closet, In Unit, Inside, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dryer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Washer, Range/Oven
  • Price Per S Q F T: 444.98

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Patio: Concrete Slab
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Driveway, Tandem
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Number Electric Meters: 4
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 51.11
  • Assessed Improvement Value: 255903
  • Assessed Land Percent: 48.89
  • Assessed Land Value: 244813
  • Total Assessed Value: 500716
  • Assessor Parcel Number: 5529-002-046
  • Lot Location: Corner Lot
  • Lot Size Area: 6615

Rental Info

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

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Number Wall A C: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 4 apartments
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 11, 2023
Sold by
Robert Brown Trust and Lydia Brown Trust
Bought by
900 Alfred Llc
Seller's Agent
Amy Klein
Rodeo Realty
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$2,418,000
Sold Price
$1,750,000
Premium/Discount to List
-$668,000
-27.63%
Views
68
Current Estimated Value
$2,100,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,411
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,100,000
Outstanding Balance
$1,072,912
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$843,620

Purchase Details

Closed on
Jul 15, 2014
Sold by
Brown Lydia
Bought by
Brown Robert H and Lydia Brown Trust

Purchase Details

Closed on
Jan 31, 1996
Sold by
Papel Aileen Iona
Bought by
Papel Stanley L
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
900 Alfred Llc $1,750,000 Consumers Title Company
Brown Robert H -- None Available
Brown Lydia -- None Available
Brown Robert H -- None Available
Brown Robert -- None Available
Papel Stanley L -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 900 Alfred Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $1,750,000 -27.6% $322 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $2,418,000 -- $445 / 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 $22,130 $1,820,700 $1,274,490 $546,210
2024 $22,130 $1,785,000 $1,249,500 $535,500
2023 $6,845 $510,730 $249,709 $261,021
2022 $6,550 $500,716 $244,813 $255,903
2021 $6,439 $490,899 $240,013 $250,886
2019 $6,257 $477,001 $232,895 $244,106
2018 $6,146 $467,662 $228,329 $239,333
2016 $5,829 $448,869 $219,463 $229,406
2015 $5,750 $442,128 $216,167 $225,961
2014 $5,795 $433,468 $211,933 $221,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-251829

The MLS

APN: 5529-002-046