NOT LISTED FOR SALE

9040 Phyllis Ave West Hollywood, CA 90069

Estimated Value: $2,254,000 - $2,982,000

5 Beds
5 Baths
3,056 Sq Ft
$832/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $2,000,000 $654 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $16,152/month

36 Days on Market

About This Home

As of July 2020

Prime location on Beverly Hills border.

Last Agent to Sell the Property

Cary Goldstone

House Network License #01257356 Listed on: 05/20/2020

Last Buyer's Agent

Asher Ehsani

Compass License #01991136

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,587

Year Built

  • Built in 1926

Lot Details

  • 3,678 Sq Ft Lot

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4340-024-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,587

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Prime location on Beverly Hills boarder. Cash cow! Featuring a Townhouse style two level apartment that can be used as two separate units with two entries, plus three other apartments. All newly remodeled with Cathedral ceilings, New kitchen's with quartz counter tops, marble bath's and new flooring. All units are leased except the Studio with full Kitchen will be delivered Vacant COE. Walk to all the restaurants, shops and clubs in West Hollywood/Sunset Strip
  • Living Area: 3056
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 703.53

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 481532
  • Assessed Land Value: 1035555
  • Assessor Parcel Number: 4340-024-021
  • Geocode Override: No
  • Lot Size Area: 3678

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 3+3,1,1,0
  • Vacancy Rate: Studio

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 10, 2020
Sold by
Via Sunset Lp
Bought by
Ksm Housing I Llc
Seller's Agent
Cary Goldstone
House Network
Buyer's Agent
Asher Ehsani
Compass
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Current Estimated Value
$2,542,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,474
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 16, 2014
Sold by
Trumpler John and The Richard A Gross Living Tru
Bought by
Via Sunset Lp
Seller's Agent
Paul Kellogg
Coldwell Banker Realty
Buyer's Agent
Cary Goldstone
House Network
List Price
$1,350,000
Sold Price
$1,465,000
Premium/Discount to List
$115,000
8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Gross Richard A
Bought by
Gross Richard A and Richard A Gross Living Trust

Purchase Details

Closed on
Apr 1, 1998
Sold by
Golpashin Julius
Bought by
Gross Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%

Purchase Details

Closed on
Apr 4, 1996
Sold by
World S & L Assn Fsla
Bought by
Golpashin Julius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
7.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 1995
Sold by
Sayrizi Donald M and Sayrizi Eleanor
Bought by
World S & L Assn Fsla

Purchase Details

Closed on
Mar 12, 1995
Sold by
Densmore Investments
Bought by
Cherokee New York Investments

Purchase Details

Closed on
Jan 5, 1995
Sold by
Gohom Investments
Bought by
Btominee Investments

Purchase Details

Closed on
Jan 4, 1995
Sold by
Clearwater Real Estate
Bought by
Btominee Investments

Purchase Details

Closed on
Sep 2, 1994
Sold by
Sayrize Eleanor
Bought by
Densmore Investments and Clearwater Real Estate

Purchase Details

Closed on
Feb 8, 1994
Sold by
Sayrizi Donald
Bought by
Sayrizi Eleanor
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
Ksm Housing I Llc $2,000,000 Fidelity National Title Co
Via Sunset Lp $1,465,000 Equity Title
Gross Richard A -- None Available
Gross Richard A $361,000 Provident Title Company
Golpashin Julius $315,000 Fidelity National Title
World S & L Assn Fsla $383,974 Stewart Title
Cherokee New York Investments -- --
Btominee Investments -- --
Btominee Investments -- --
Densmore Investments -- --
Sayrizi Eleanor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ksm Housing I Llc $1,320,000
Closed Ksm Housing I Llc $1,320,000
Previous Owner Via Sunset Lp $1,368,000
Previous Owner Gross Richard A $500,000
Previous Owner Gross Richard A $500,000
Previous Owner Gross Richard A $225,000
Previous Owner Gross Richard A $180,000
Previous Owner Golpashin Julius $40,000
Previous Owner Golpashin Julius $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $2,000,000 -7.0% $654 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $2,150,000 +46.8% $704 / Sq Ft
07/10/2014 07/10/14 Sold $1,465,000 +8.5% $479 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $1,350,000 -- $442 / 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 $27,587 $2,164,862 $1,731,890 $432,972
2024 $27,587 $2,122,415 $1,697,932 $424,483
2023 $26,977 $2,080,800 $1,664,640 $416,160
2022 $25,436 $2,040,000 $1,632,000 $408,000
2021 $25,201 $2,000,000 $1,600,000 $400,000
2020 $21,028 $1,609,942 $1,098,938 $511,004
2019 $20,148 $1,578,376 $1,077,391 $500,985
2018 $19,977 $1,547,428 $1,056,266 $491,162
2016 $19,101 $1,487,341 $1,015,250 $472,091
2015 $20,276 $1,465,000 $1,000,000 $465,000
2014 $6,580 $470,214 $376,176 $94,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-581340

The MLS

APN: 4340-024-021