NOT LISTED FOR SALE

9528 W Olympic Blvd Beverly Hills, CA 90212

Estimated Value: $3,058,000 - $4,833,778

8 Beds
4 Baths
5,415 Sq Ft
$709/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $2,225,000 $411 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $23,690/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Laundry closet
  • 4 Car Garage
  • Beverly Vista Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2013

Location! Location! Location! Beautiful, traditional four unit building on prestigious Rodeo Drive, just West of Beverly Drive. Large, spacious and bright units, all with high ceilings, moldings, hardwood floors, laundry hook-ups and amenities too numerous to mention. Two of the large two bedroom units are townhouse style. Two of the units have been restored to perfection with upgrades that include custom kitchens & baths, designer tiles and stonework, custom closets, new floors, new plumbing, electrical and double & triple paned windows. These units are vacant and available to show. Building has been beautifully landscaped. One Chapter Five tenant. The two vacant unit rents are projected at $3,000.

Last Agent to Sell the Property

Carolyn Schneider

Miller & Desatnik Realty Co. License #00881530 Listed on: 05/06/2013

Last Buyer's Agent

Michael Hiatt

Sotheby's International Realty License #01396907

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,131

Year Built

  • Built in 1935

Lot Details

  • 6,600 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,415 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer in Street
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4330-022-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,131

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5415
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Price Per S Q F T: 433.98

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Cooling: Ceiling Fan
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 287555
  • Assessed Land Value: 550644
  • Assessor Parcel Number: 4330-022-005
  • Geocode Override: No
  • Lot Size Area: 6600

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Twnhse./Apts
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2013
Closed on
May 22, 2013
Sold by
Ghatan Shawn D
Bought by
Myers Marc A and Myers Patricia B
Seller's Agent
Carolyn Schneider
Miller & Desatnik Realty Co.
Buyer's Agent
Michael Hiatt
Sotheby's International Realty
List Price
$2,350,000
Sold Price
$2,225,000
Premium/Discount to List
-$125,000
-5.32%
Current Estimated Value
$3,841,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,616,259
Avg. Annual Appreciation
4.61%

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 23, 2012
Sold by
Ghatan Arghavan E
Bought by
Ghatan Shawn D
Seller's Agent
Carolyn Schneider
Miller & Desatnik Realty Co.
Buyer's Agent
Carolyn Schneider
Miller & Desatnik Realty Co.
List Price
$1,333,000
Sold Price
$1,300,000
Premium/Discount to List
-$33,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.73%
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 19, 2012
Sold by
Paul M Kalt Revocable 1997 Trust
Bought by
Ghatan Shawn D
Seller's Agent
Carolyn Schneider
Miller & Desatnik Realty Co.
Buyer's Agent
Carolyn Schneider
Miller & Desatnik Realty Co.
List Price
$1,333,000
Sold Price
$1,300,000
Premium/Discount to List
-$33,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2007
Sold by
Kalt Paul M
Bought by
Paul M Kalt Revocable 1997 Trust

Purchase Details

Closed on
Jun 28, 2004
Sold by
Kalt Amber
Bought by
Kalt Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2003
Sold by
Kalt Sam
Bought by
Kalt Paul M and The Paul M Kalt 1997 Revocable Trust

Purchase Details

Closed on
Apr 27, 2000
Sold by
Moore Karen A
Bought by
Moore Raymond R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
8.25%

Purchase Details

Closed on
Apr 26, 2000
Sold by
Moore Raymond R
Bought by
Kalt Sam and Kalt Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
8.25%
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
Myers Marc A $2,250,000 North American Title Company
Ghatan Shawn D -- North American Title Company
Ghatan Shawn D $1,300,013 North American Title Company
Paul M Kalt Revocable 1997 Trust -- Accommodation
Kalt Paul M -- First Southwestern Title Co
Kalt Paul M -- --
Kalt Paul M $920,000 Old Republic Title Company
Moore Raymond R -- Fidelity Title
Kalt Sam -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Living Trust $1,529,000
Closed Myers Marc A $1,529,000
Closed Myers Marc A $1,500,000
Closed Myers Marc A $1,237,500
Previous Owner Ghatan Shawn D $650,000
Previous Owner Ghatan Shawn D $650,000
Previous Owner Kalt Paul M $1,000,000
Previous Owner Kalt Ilona $633,750
Previous Owner Kalt Sam $548,000
Closed Kalt Sam $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $2,225,000 -5.3% $411 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $2,350,000 +80.8% $434 / Sq Ft
05/17/2012 05/17/12 Sold $1,300,000 -2.5% $240 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $1,333,000 -- $246 / 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 $33,131 $2,770,706 $1,723,996 $1,046,710
2024 $33,131 $2,716,380 $1,690,193 $1,026,187
2023 $32,540 $2,663,118 $1,657,052 $1,006,066
2022 $31,613 $2,610,901 $1,624,561 $986,340
2021 $30,678 $2,559,707 $1,592,707 $967,000
2019 $29,798 $2,483,786 $1,545,467 $938,319
2018 $28,602 $2,435,085 $1,515,164 $919,921
2016 $27,422 $2,340,529 $1,456,329 $884,200
2015 $26,256 $2,305,373 $1,434,454 $870,919
2014 $25,402 $2,260,215 $1,406,356 $853,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-670315

The MLS

APN: 4330-022-005