NOT LISTED FOR SALE

931 N Gardner St West Hollywood, CA 90046

Estimated Value: $1,535,415 - $1,929,000

5 Beds
5 Baths
2,410 Sq Ft
$707/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $1,640,000 $680 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,773/month

10 Days on Market

About This Home

As of April 2018

Extremely rare opportunity to own an incredible fourplex in prime West Hollywood! A perfect match for an owner/user, this property features 4 legal units in on e of the best neighborhoods. The front unit(unit 1) will be delivered vacant at the close of escrow - ready for an owner/user who is ready to move-in! Units 2-4 have been recently remodeled. Short distance away to shops and restaurants. DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Alejandro Lombardo

Compass License #01234576 Listed on: 01/16/2018

Compass

Last Buyer's Agent

Parviz Damavandi

Metropolitan Realty Group Inc. License #01762746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,382

Year Built

  • Built in 1921

Lot Details

  • 5,893

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,893 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5530-020-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,382

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2410
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 726.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 166281
  • Assessed Land Value: 840727
  • Assessor Parcel Number: 5530-020-018
  • Geocode Override: No
  • Lot Size Area: 5893

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 32210
  • Type Of Units: LR
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Sepehr Tabibzadeh
Bought by
Shushan Shimon Ben and Ben-Shushan Shlomit
Current Estimated Value
$1,703,104

Purchase Details

Closed on
Jan 26, 2018
Sold by
Ruiz Orlette Ivonne
Bought by
Tabibzadeh Sepehr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2015
Sold by
Ruiz Oriette Ivonne and Mendoza Oriette
Bought by
Ruiz Orlette Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2004
Sold by
Mendoza Nick
Bought by
Mendoza Orlette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,300
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Henry Robert Lee
Bought by
Mendoza Orlette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,300
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1995
Sold by
Herman Roger and Davis Tamra
Bought by
Henry Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.47%
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
Shushan Shimon Ben $1,495,000 Fidelity National Title
Tabibzadeh Sepehr $1,700,000 Stewart Title
Ruiz Orlette Ivonne -- Provident Title Company
Mendoza Orlette J -- California Title Company
Mendoza Orlette $829,000 California Title Company
Henry Robert Lee $235,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimon Ben-Shushan $810,000
Previous Owner Tabibzadeh Sepehr $1,159,875
Previous Owner Tabibzadeh Sepehr $1,148,000
Previous Owner Ruiz Oriette Ivonne $40,000
Previous Owner Ruiz Orlette Ivonne $3,500
Previous Owner Ruiz Orlette Ivonne $50,000
Previous Owner Ruiz Orlette Ivonne $150,000
Previous Owner Mendoza Orlette $593,000
Previous Owner Mendoza Orlette $580,300
Previous Owner Henry Robert Lee $342,500
Previous Owner Henry Robert Lee $337,500
Previous Owner Henry Robert Lee $279,200
Previous Owner Henry Robert Lee $269,000
Previous Owner Henry Robert Lee $188,000
Closed Henry Robert Lee $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $1,640,000 -6.3% $680 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,750,000 -- $726 / 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 $20,382 $1,586,505 $1,586,505 --
2024 $20,382 $1,555,398 $1,555,398 --
2023 $19,923 $1,524,900 $1,524,900 $0
2022 $18,777 $1,490,682 $1,243,754 $246,928
2021 $18,561 $1,461,454 $1,219,367 $242,087
2019 $21,023 $1,734,000 $1,244,400 $489,600
2018 $13,605 $1,027,147 $857,541 $169,606
2016 $12,991 $987,264 $824,243 $163,021
2015 $12,635 $961,473 $811,863 $149,610
2014 $12,632 $942,640 $795,960 $146,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-303988

The MLS

APN: 5530-020-018