NOT LISTED FOR SALE

Estimated Value: $1,109,277 - $1,437,000

3 Beds
2 Baths
2,245 Sq Ft
$535/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,100,000 $490 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,658/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Central Heating and Cooling System
  • STEM Academy at Bernstein High Rated A-
  • Built-In Features
  • Auto Driveway Gate

About This Home

As of June 2024

Located in the vibrant heart of Hollywood, this delightful duplex gem presents an exceptional opportunity for owner-users. With both units vacant, first-time buyers can own property and generate rental income to offset the mortgage or occupy both units to make a family compound. Recently painted and tastefully staged, both units exude a warm vintage charm with hardwood floors, original cabinetry, spacious closets, and lofty ceilings. The well-maintained sunlit interiors span a total of 2245 SF and boasts central A/C, separate laundry facilities, outdoor patios, and off-street parking. Unit 971 comprises a spacious 1+1 layout, complete with a generous living room, decorative fireplace, a private verdant side patio, and rear parking space for 2 cars on-site. A private breezeway accessible from the back door of 971 leads to the outdoors. Unit 973 features a 2+1 configuration, with a sizable dining room, decorative fireplace, rear patio, and a 2-car garage. The front grassy yard is adorned with persimmon and avocado trees, as well as agave and roses. Nestled in the Holly Studio District, this central location offers convenient proximity to Paramount Studios, Milk Studios, Netflix Corporate, West Hollywood, Silver Lake, and Koreatown. The neighborhood is enriched by trendy establishments such as Gold Diggers, Kuya Lord, Hollywood Forever Cemetery, Wiltern Theater, and Barnsdall Art Park.

Last Agent to Sell the Property

Grace Gaerlan

Compass License #01012848 Listed on: 04/12/2024

Compass

Co-Listed By

Bobby Rodriguez

Compass License #01939553

Last Buyer's Agent

Benjamin Kahle

Compass License #01951554

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1920

Lot Details

  • 6,077

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2,245 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate
  • Gravel Driveway

Additional Features

  • 6,077 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5535-005-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,296

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish Colonial
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2245
  • Lot Acreage: 0.1395
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Linoleum
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Built-Ins, Dryer, Washer, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 511.80

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway Gate, Driveway - Gravel
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 19.97
  • Assessed Improvement Value: 16597
  • Assessed Land Percent: 80.03
  • Assessed Land Value: 66508
  • Total Assessed Value: 83105
  • Assessor Parcel Number: 5535-005-025
  • Lot Size Area: 6077

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 4730
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 17, 2024
Sold by
Faustino Adolfo Anthony and Faustino Adolfo Cademartori
Bought by
Vaughn Robert and Vaughn Bijon
Seller's Agent
Grace Gaerlan
Compass
Buyer's Agent
Benjamin Kahle
Compass
List Price
$1,149,000
Sold Price
$1,100,000
Premium/Discount to List
-$49,000
-4.26%
Views
47
Current Estimated Value
$1,202,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,069
Avg. Annual Appreciation
1.76%
Original Mortgage
$1,080,076
Outstanding Balance
$1,068,360
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$54,108

Purchase Details

Closed on
Apr 6, 2018
Sold by
Adolfo Anthony and Cademartori Theresa Adolfo
Bought by
Adolfo Anthony and Cademartori Theresa Adolfo

Purchase Details

Closed on
Feb 10, 1995
Sold by
Adolfo Faustino D and Adolfo Josefina M
Bought by
Adolfo Faustino D and Adolfo Josefina M
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
Vaughn Robert $1,100,000 Consumers Title Company
Adolfo Anthony -- None Available
Adolfo Faustino D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Robert $1,080,076
Previous Owner Adolfo Faustino D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,100,000 0.0% $490 / Sq Ft
06/24/2024 06/24/24 Sold $1,100,000 -4.3% $490 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,149,000 0.0% $512 / Sq Ft
05/16/2024 05/16/24 For Sale $1,149,000 0.0% $512 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/30/2024 04/30/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $1,149,000 0.0% $512 / Sq Ft
04/12/2024 04/12/24 For Sale $1,149,000 -- $512 / 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 $1,296 $1,122,000 $765,000 $357,000
2024 $1,296 $84,766 $67,838 $16,928
2023 $1,280 $83,105 $66,508 $16,597
2022 $1,233 $81,476 $65,204 $16,272
2021 $1,202 $79,879 $63,926 $15,953
2019 $1,171 $77,512 $62,031 $15,481
2018 $1,093 $75,993 $60,815 $15,178
2016 $1,022 $73,044 $58,454 $14,590
2015 $1,009 $71,947 $57,576 $14,371
2014 $1,027 $70,539 $56,449 $14,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-379503

The MLS

APN: 5535-005-025