$824,900
SOLD OCT 6, 2014
5 Beds
4 Baths
2,654 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

1% Below List Price

64 Days on Market

Highlights

  • Ceiling Fan
  • STEM Academy at Bernstein High Rated A-
  • Carpet

About This Home

As of October 2014

REDUCED! Blocks from Paramount & Raleigh Studios and convenient to the renowned Melrose Avenue & Larchmont Shopping Districts, this extensively upgraded, well-performing income property is centrally located to major destinations & improvement projects in and around Hollywood. Featuring three occupied units with all new tenants & leases at market rents, the duplex structure has been brought to code and the interiors thoughtfully refreshed. The single unit is new construction. Among the nearly $100,000 in improvements are all new electrical, new appliances, carpeting, paint, ceiling fans, and rain gutters. Other upgrades include plumbing, venting, and extensive seismic improvements. Property also has six off-street parking spaces, including a two-car garage. This is an excellent investment opportunity in one of Los Angeles' most exciting, revitalizing neighborhoods. (Agents: please refer to private remarks for contact information).

Last Agent to Sell the Property

Stephen D. Westerhout

L.A. Property Solutions, Inc. Listed on: 07/01/2014

Last Buyer's Agent

Zaman Nourafchan

Keller Williams Beverly Hills License #01422471

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,264

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • Triplex
  • Flat Roof Shape
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,654 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5536-016-006

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,264

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2654
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 314.58

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Flat, Shingle
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Uncovered
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan, Wall Unit(s), Window Unit(s)
  • Heating: Wall Gas
  • Sewer: In Street
  • Water: District

Lot Info

  • Assessed Improvement Value: 117580
  • Assessed Land Value: 359897
  • Assessor Parcel Number: 5536-016-006
  • Geocode Override: No
  • Lot Size Area: 6750

Rental Info

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

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 66
  • Total Annual Expense: 13128
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 23, 2014
Sold by
Mcfadden Daniel and Tallard Audrey Vanessa
Bought by
Haloossim David and Haloossim Shahrzad
Seller's Agent
Stephen D. Westerhout
L.A. Property Solutions, Inc.
Buyer's Agent
Zaman Nourafchan
Keller Williams Beverly Hills
List Price
$834,900
Sold Price
$824,900
Premium/Discount to List
-$10,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$535,600
Outstanding Balance
$411,345
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$876,610

Purchase Details

Closed on
May 8, 2013
Sold by
Tallard Audrey Vanessa
Bought by
Mcfadden Daniel and Tallard Audrey Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 19, 2013
Sold by
Dinner Alan and Dinner Anne
Bought by
Tallard Audrey Vanessa
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Stephen D. Westerhout
L.A. Property Solutions, Inc.
List Price
$729,000
Sold Price
$678,000
Premium/Discount to List
-$51,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 11, 2013
Sold by
Mcfadden Daniel Charles
Bought by
Tallard Audrey Vanessa
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Stephen D. Westerhout
L.A. Property Solutions, Inc.
List Price
$729,000
Sold Price
$678,000
Premium/Discount to List
-$51,000
-7%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Blushtein Oleg and Blushtein Nina
Bought by
Villalta Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,315
Interest Rate
5.95%
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 Type Sale Price Title Company
Grant Deed $825,000 California Title
Interfamily Deed Transfer -- California Title
Grant Deed $678,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Los Angeles
Grant Deed $185,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,600 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $277,000 Unknown
Previous Owner $272,300 Unknown
Previous Owner $36,000 Stand Alone Second
Previous Owner $166,315 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $1,174,995 -2.1% $443 / Sq Ft
02/02/2025 02/02/25 For Sale $1,199,995 +45.5% $452 / Sq Ft
10/06/2014 10/06/14 Sold $824,900 -1.2% $311 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $834,900 +23.1% $315 / Sq Ft
02/21/2013 02/21/13 Sold $678,000 -7.0% $255 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $729,000 -- $275 / 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 $12,264 $991,397 $721,106 $270,291
2024 $12,264 $971,959 $706,967 $264,992
2023 $12,037 $952,902 $693,105 $259,797
2022 $11,494 $934,218 $679,515 $254,703
2021 $11,346 $915,901 $666,192 $249,709
2020 $11,458 $906,511 $659,362 $247,149
2019 $11,016 $888,737 $646,434 $242,303
2018 $10,872 $871,311 $633,759 $237,552
2016 $10,393 $837,479 $609,150 $228,329
2015 $10,244 $824,900 $600,000 $224,900
2014 $8,744 $681,077 $542,451 $138,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-773663

The MLS

APN: 5536-016-006