NOT LISTED FOR SALE
8 Beds
5 Baths
4,852 Sq Ft
5,499 Sq Ft Lot

Sale Details

Date Sold: January 19, 2023

Last sale price $6,250,000 $1,288 Per Sq Ft

126 Days on Market

About This Home

As of January 2023

*Must be sold with 9941-9943 Durant Drive - This charming, traditional 5 unit building has an excellent mix of three 2BR + 1 Bath and two 1 BR+ 1 Bath units. The units are large, spacious and bright with abundant character and charm. Rents are low and there is tremendous upside potential. Great opportunity to own two side by side buildings in the Golden Triangle, steps to the Peninsula Hotel. Subject to and contiguous upon the simultaneous closing of 9941-9943 Durant Drive. The sale price includes the sale of 9941 Durant Drive, properties were sold together.

Last Agent to Sell the Property

Carolyn Schneider

Miller & Desatnik Realty Co. License #00881530 Listed on: 06/13/2022

Last Buyer's Agent

Carolyn Schneider

Miller & Desatnik Realty Co. License #00881530 Listed on: 06/13/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,499

Interior Spaces

  • 4,852 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • No Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 5,499 Sq Ft Lot
  • City Lot

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4328-002-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,499 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 4852
  • Lot Acreage: 0.1263
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 8
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Cable, Dishwasher, Dryer, Range/Oven, Garbage Disposal, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 720.32

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Assigned, Garage - None
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 23.53
  • Assessed Improvement Value: 283980
  • Assessed Land Percent: 76.47
  • Assessed Land Value: 922955
  • Total Assessed Value: 1206935
  • Assessor Parcel Number: 4328-002-026
  • Lot Description: Alley Paved
  • Lot Location: City
  • Lot Size Area: 5499

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 20.87
  • Number Of Units: 5
  • Type Of Units: Apartments

MLS Schools

  • School District: Beverly Hills Unified School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Southwestern Title Com
-- North American Title
-- --
-- --
-- --
-- Fidelity Title
-- Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,665,000
Previous Owner $725,000
Previous Owner $385,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/19/2023 01/19/23 Sold $6,250,000 +78.8% $1,288 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $3,495,000 -- $720 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $41,466 $3,381,300 $1,040,400 $2,340,900
2024 $40,589 $3,315,000 $1,020,000 $2,295,000
2023 $15,920 $1,255,694 $960,242 $295,452
2022 $15,481 $1,231,073 $941,414 $289,659
2021 $15,021 $1,206,935 $922,955 $283,980
2020 $14,980 $1,194,561 $913,492 $281,069
2019 $14,614 $1,171,139 $895,581 $275,558
2018 $14,013 $1,148,176 $878,021 $270,155
2016 $13,377 $1,103,592 $843,927 $259,665
2015 $12,827 $1,087,016 $831,251 $255,765
2014 $12,448 $1,065,723 $814,968 $250,755
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-167211

The MLS
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