NOT LISTED FOR SALE

Estimated Value: $2,883,000 - $3,356,291

6 Beds
4 Baths
3,777 Sq Ft
$821/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $2,698,000 $714 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $19,607/month

172 Days on Market

Highlights

  • Spanish Architecture
  • Covered Patio or Porch
  • 4 Car Garage
  • Bonus Room
  • Breakfast Area or Nook
  • 3-minute walk to Kings Road Park

About This Home

As of March 2022

WOW! ATTENTION Builders and Developers! LAR3 zoning, Los Angeles address, not West Hollywood. PRIME PRIME development potential or RARE OPPORTUNITY to restore a LARGE Authentic Spanish duplex, complete with stunning classic architecture, heavy character, original woodwork and ironwork details, many original fixtures, arched doorways, coved ceilings throughout. The entire 6500 sf flat lot leads to a generous detached garage structure. Amazingly gorgeous facade with all the authentic Spanish architectural roof lines, Spanish tiled roof, all the bones ideal for an authentic restoration. Centrally located near all the best restaurants, designer shops, world class entertainment venues and city services. The best prime location Los Angeles has to offer. Future assemblage potential. PLEASE DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Rande Gray

Keller Williams Realty License #01233483 Listed on: 09/27/2021

Keller Williams Realty

Last Buyer's Agent

Rande Gray

Keller Williams Realty License #01233483 Listed on: 09/27/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,144

Year Built

  • Built in 1932

Lot Details

  • 6,499 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Garage
  • Driveway
  • Uncovered Parking

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 3,777 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity, trash collection, water
  • The owner pays for water, gardener, gas, electricity
  • Assessor Parcel Number 5529-002-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,144

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3777
  • Lot Acreage: 0.1492
  • Probate: No
  • Stories: 2
  • Year Built: 1932
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 2
  • Number Refrigerator: 2
  • Bedrooms: 6
  • Common Walls: Attached
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 791.10

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage, Garage Is Detached, Uncovered, Driveway, Driveway - Concrete, Detached, Covered Parking
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 46.67
  • Assessed Improvement Value: 491874
  • Assessed Land Percent: 53.33
  • Assessed Land Value: 562146
  • Total Assessed Value: 1054020
  • Assessor Parcel Number: 5529-002-013
  • Lot Size Area: 6499

Rental Info

  • Number Leased: 2
  • Owner Pays: Water, Gardener, Gas, Electricity
  • Tenant Pays: Gas, Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.60
  • Number Of Units: 2
  • Total Annual Expense: 20000
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Mar 3, 2022
Sold by
Dvorah Sorell Revocable Living Trust
Bought by
Tal Keran and Tal Asher
Seller's Agent
Rande Gray
Keller Williams Realty
Buyer's Agent
Rande Gray
Keller Williams Realty
List Price
$2,988,000
Sold Price
$2,698,000
Premium/Discount to List
-$290,000
-9.71%
Current Estimated Value
$3,076,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,350
Avg. Annual Appreciation
4.16%
Original Mortgage
$2,158,000
Outstanding Balance
$2,005,526
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$1,094,547

Purchase Details

Closed on
Aug 8, 2020
Sold by
Sorell Dvorah
Bought by
Kremer Patricia and Dvorah Sorell Revocable Living

Purchase Details

Closed on
Dec 20, 2005
Sold by
Sorell Dvorah
Bought by
Sorell Dvorah and Dvorah Sorell Revocable Living Trust

Purchase Details

Closed on
Jun 1, 2000
Sold by
Sorell Steven G
Bought by
Sorell Dvorah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.18%
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
Tal Keran $2,698,000 First American Title Company O
Tal Asher -- None Listed On Document
Kremer Patricia -- None Available
Sorell Dvorah -- --
Sorell Dvorah $330,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tal Keran $2,158,000
Previous Owner Sorell Dvorah $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $2,698,000 -9.7% $714 / Sq Ft
03/20/2022 03/20/22 For Sale $2,988,000 +10.7% $791 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/17/2022 02/17/22 Off Market $2,698,000 -- --
09/27/2021 09/27/21 For Sale $2,988,000 -- $791 / 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 $34,144 $2,863,138 $1,804,053 $1,059,085
2024 $34,144 $2,806,999 $1,768,680 $1,038,319
2023 $33,480 $2,751,960 $1,734,000 $1,017,960
2022 $13,048 $1,086,236 $579,328 $506,908
2021 $12,871 $1,064,938 $567,969 $496,969
2020 $12,999 $1,054,660 $562,146 $492,514
2019 $12,486 $1,033,994 $551,124 $482,870
2018 $12,406 $1,013,733 $540,318 $473,415
2016 $11,839 $973,755 $519,338 $454,417
2015 $11,666 $959,130 $511,538 $447,592
2014 $11,709 $940,343 $501,518 $438,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-785406

The MLS

APN: 5529-002-013