NOT LISTED FOR SALE

9037 Elevado St West Hollywood, CA 90069

Estimated Value: $1,975,000 - $2,041,000

3 Beds
2 Baths
1,874 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $1,675,000 $894 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,585/month

93 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • 1-Story Property
  • West Hollywood Elementary School Rated A-
  • Central Heating

About This Home

As of June 2016

Stunning remodeled duplex in prime WeHo location. Side-by-side units have hardwood floors, Spanish details, large closets. Living room, formal dining rooms, newly painted, carpeted. Kitchens have stove, refrigerators, laundry in units. One unit has large 1-BR with sitting area and private yard. Other unit has exclusive use of finished garage. Units are presently vacant and will be offered for lease at $3850 each.

Last Agent to Sell the Property

Marci Holliday

Douglas Elliman License #01022615 Listed on: 03/14/2016

Douglas Elliman

Last Buyer's Agent

Marci Holliday

Douglas Elliman License #01022615 Listed on: 03/14/2016

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,383

Year Built

  • Built in 1925

Lot Details

  • 4,642 Sq Ft Lot

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4340-018-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,383

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1874
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 957.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 174127
  • Assessed Land Value: 602541
  • Assessor Parcel Number: 4340-018-031
  • Geocode Override: No
  • Lot Size Area: 4642

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: side by side
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 10, 2016
Sold by
Richards Ronald
Bought by
Law Offices Of Ronald Richards & Associa
Seller's Agent
Marci Holliday
Douglas Elliman
Buyer's Agent
Marci Holliday
Douglas Elliman
List Price
$1,795,000
Sold Price
$1,675,000
Premium/Discount to List
-$120,000
-6.69%
Current Estimated Value
$1,998,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,310
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,088,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 26, 2016
Sold by
Rjkr Investments Llc
Bought by
Richards Ronald
Seller's Agent
Marci Holliday
Douglas Elliman
Buyer's Agent
Marci Holliday
Douglas Elliman
List Price
$1,795,000
Sold Price
$1,675,000
Premium/Discount to List
-$120,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2015
Closed on
Dec 8, 2015
Sold by
Barker William F
Bought by
Rjkr Investments Llc
Seller's Agent
William Barker
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,385,000
Sold Price
$1,200,000
Premium/Discount to List
-$185,000
-13.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.30%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Valle Jeffrey
Bought by
Barker William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.99%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Valle Jeffrey
Bought by
Valle Jeffrey and Barker William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
8.75%

Purchase Details

Closed on
Aug 16, 2000
Sold by
Karsa Albert M
Bought by
Valle Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
8.75%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Karsa Albert M
Bought by
Karsa Albert M and The Albert M Karsa Intervivos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
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
Law Offices Of Ronald Richards & Associa -- Equity Title
Richards Ronald -- Equity Title Company
Richards Ronald $1,675,000 Equity Title
Rjkr Investments Llc $1,200,000 Equity Title Los Angeles
Barker William F -- Equity Title
Valle Jeffrey -- Equity Title
Valle Jeff $472,500 Equity Title
Karsa Albert M -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Ronald $1,088,750
Previous Owner Barker William F $350,000
Previous Owner Barker William F $150,000
Previous Owner Barker William F $500,000
Previous Owner Barker William F $310,000
Previous Owner Barker William F $50,000
Previous Owner Barker William F $310,000
Previous Owner Valle Jeffrey $431,250
Previous Owner Valle Jeffrey $28,750
Previous Owner Valle Jeffrey $431,250
Previous Owner Valle Jeff $378,000
Previous Owner Karsa Albert M $140,000
Closed Valle Jeff $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $1,675,000 0.0% $894 / Sq Ft
06/08/2016 06/08/16 Off Market $1,675,000 -- --
03/14/2016 03/14/16 For Sale $1,795,000 +49.6% $958 / Sq Ft
12/11/2015 12/11/15 Sold $1,200,000 -13.4% $640 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $1,385,000 -- $739 / 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 $24,383 $1,982,854 $1,189,714 $793,140
2024 $24,383 $1,943,976 $1,166,387 $777,589
2023 $23,883 $1,905,860 $1,143,517 $762,343
2022 $22,609 $1,868,492 $1,121,096 $747,396
2021 $22,357 $1,831,856 $1,099,114 $732,742
2019 $21,601 $1,777,523 $1,066,514 $711,009
2018 $21,431 $1,742,670 $1,045,602 $697,068
2016 $14,986 $1,200,000 $840,000 $360,000
2015 $10,015 $776,668 $602,541 $174,127
2014 $10,011 $761,456 $590,739 $170,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-104808

The MLS

APN: 4340-018-031