NOT LISTED FOR SALE

967 Hyperion Ave Los Angeles, CA 90029

Estimated Value: $1,335,000 - $2,076,000

4 Beds
2 Baths
2,686 Sq Ft
$647/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $1,060,000 $395 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,394/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • John Marshall Senior High Rated A
  • Ceiling Fan

About This Home

As of July 2014

Stylish duplex with accessory building in the back yard located on a large and lushly landscaped lot close to Sunset Junction. Upstairs Owners unit is a 2 bedroom and den (converted garage) on two levels offering bright living room, upstairs master bedroom with deck + views of the Hollywood sign, amazing new master bath and remodeled attic which can be used as studio or office, hardwood floors, laundry room and cute kitchen with stunning views. Downstairs unit offers 1 bedroom and a den, 1 bath room, kitchen with access to the yard and a large deck perfect for entertainment, laundry room and a nice living room. Newer modern style accessory building offering 1 bedroom and living room with a ¾ bath, cement floors and wall of glass facing the back yard with nice sitting areas and water feature. All the units are delivered fully furnished including all appliances and 2 units are occupied by short term tenants.

Last Agent to Sell the Property

Manvel Tabakian

Sotheby's International Realty License #00941910 Listed on: 06/09/2014

Sotheby's International Realty

Co-Listed By

Nadia de Winter

Sotheby's International Realty License #01365334

Last Buyer's Agent

Jenny Durling

L.A. Property Solutions, Inc. License #01342428

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,325

Year Built

  • Built in 1922

Lot Details

  • 7,306

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • Assigned Parking

Additional Features

  • 7,306 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5427-008-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,325

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2686
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 409.16

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Garage - 1 Car
  • Total Parking: 2

Utilities

  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 96262
  • Assessed Land Value: 135647
  • Assessor Parcel Number: 5427-008-005
  • Geocode Override: No
  • Lot Size Area: 7306

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: n/a
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jun 24, 2014
Sold by
Dotson Ward
Bought by
Gage Andrew and Gage Jamie
Seller's Agent
Manvel Tabakian
Sotheby's International Realty
Buyer's Agent
Jenny Durling
L.A. Property Solutions, Inc.
List Price
$1,099,000
Sold Price
$1,060,000
Premium/Discount to List
-$39,000
-3.55%
Current Estimated Value
$1,738,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,495
Avg. Annual Appreciation
4.49%
Original Mortgage
$795,000
Outstanding Balance
$603,783
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,134,712

Purchase Details

Closed on
Feb 11, 2014
Sold by
Dotson Ward
Bought by
Dotson Ward and Dotson Cyril Joy

Purchase Details

Closed on
Apr 19, 2010
Sold by
Dotson Ward and Arnest Faye L
Bought by
Dotson Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1998
Sold by
Dotson Ward
Bought by
Dotson Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.91%

Purchase Details

Closed on
Aug 13, 1998
Sold by
Arnest Henry C
Bought by
Arnest Faye L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.91%

Purchase Details

Closed on
Jun 15, 1996
Sold by
Dotson Ward
Bought by
Dotson Ward

Purchase Details

Closed on
Apr 10, 1995
Sold by
Grey Nora
Bought by
Dotson Ward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
8.32%
Mortgage Type
FHA
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
Gage Andrew $1,060,000 Equity Title
Dotson Ward -- None Available
Dotson Ward -- Lsi
Dotson Ward -- American Coast Title
Arnest Faye L -- American Coast Title
Dotson Ward -- --
Dotson Ward $117,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gage Andrew $795,000
Previous Owner Dotson Ward $130,000
Previous Owner Dotson Ward $122,500
Previous Owner Dotson Ward $133,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $1,060,000 -3.5% $395 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $1,099,000 -- $409 / 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 $15,325 $1,273,953 $961,476 $312,477
2024 $15,325 $1,248,974 $942,624 $306,350
2023 $15,028 $1,224,486 $924,142 $300,344
2022 $14,327 $1,200,477 $906,022 $294,455
2021 $14,151 $1,176,939 $888,257 $288,682
2019 $13,727 $1,142,032 $861,912 $280,120
2018 $13,666 $1,119,640 $845,012 $274,628
2016 $13,066 $1,076,165 $812,200 $263,965
2015 $12,875 $1,060,000 $800,000 $260,000
2014 $3,011 $232,961 $136,262 $96,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-768177

The MLS

APN: 5427-008-005