NOT LISTED FOR SALE

Estimated Value: $2,050,000 - $3,042,317

4 Beds
6 Baths
3,450 Sq Ft
$747/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $2,850,000 $826 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $16,951/month

39 Days on Market

Highlights

  • Guest House
  • Modern Architecture
  • Central Heating and Cooling System
  • Dining Room with Fireplace
  • Built-In Features
  • Gated Home

About This Home

As of July 2023

This unique income property located in the heart of Sawtelle Japantown is a hidden gem waiting to be discovered. The duplex structure with an additional studio provides numerous options for an owner-user to live on site and rent out the other units or generate an outstanding source of income for an investor. The chic, private and custom design by Holger Schubert of Archisis Inc. creates a sense of luxury and style throughout the property which has proven to attract long-term tenants from all over the world. Each apartment represents a minimalist space with the utmost attention to detail offering high-end appliances, fixtures and an interior design not found in the furnished apartment rental market. Unsuspecting and surrounded by mature bamboo, this zen-like destination is within steps to a bustling neighborhood known for its amazing restaurants, shops and entertainment. With easy access to everything that LA has to offer, including Santa Monica and Beverly Hills, this is a prime location for those who desire the urban convenience and energy amidst an environment of serenity and calm.

Last Agent to Sell the Property

Sarah Knauer

Compass License #01939773 Listed on: 04/24/2023

Compass

Co-Listed By

Victoria Velazquez

Compass License #02038302

Last Buyer's Agent

Parvaneh Eskandanian

Luxury Collective License #02134241

Luxury Collective

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,150 Sq Ft Lot
  • Gated Home

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Modern Architecture
  • Updated or Remodeled

Interior Spaces

  • 3,450 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Additional Features

  • Guest House
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 4260-002-023

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Street Number Display: No
  • Living Area: 3450
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room, Dining
  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Built-Ins
  • Price Per S Q F T: 855.07

Exterior Features

  • Other Structures: GuestHouse

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Gated

Lot Info

  • Assessor Parcel Number: 4260-002-023
  • Lot Location: City
  • Lot Size Area: 5150

Rental Info

  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 200000.00
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 23, 2023
Sold by
6040 Washington Llc
Bought by
Hayven Estates Llc
Seller's Agent
Sarah Knauer
Compass
Buyer's Agent
Parvaneh Eskandanian
Luxury Collective
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Views
21
Current Estimated Value
$2,693,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,356
Avg. Annual Appreciation
-3.92%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Wilson Sharon M
Bought by
6040 Washington Llc

Purchase Details

Closed on
Jul 12, 2016
Sold by
Wilson Sharon M
Bought by
Wilson Sharon M

Purchase Details

Closed on
Sep 15, 2007
Sold by
Fujimoto Robert Y
Bought by
Fujimoto Robert Y and The Robert Y Fujimoto Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayven Estates Llc $2,850,000 Lawyers Title
6040 Washington Llc $1,325,000 Ticor Title
Wilson Sharon M -- Ticor Title
Wilson Sharon M -- None Available
Fujimoto Robert Y -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $2,850,000 -3.4% $826 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $2,950,000 -- $855 / 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 $34,564 $2,907,000 $1,162,800 $1,744,200
2024 $34,564 $2,850,000 $1,140,000 $1,710,000
2023 $18,104 $1,478,058 $1,282,845 $195,213
2022 $17,263 $1,449,078 $1,257,692 $191,386
2021 $17,046 $1,420,666 $1,233,032 $187,634
2019 $16,535 $1,378,530 $1,196,460 $182,070
2018 $16,407 $1,351,500 $1,173,000 $178,500
2016 $1,690 $131,958 $40,228 $91,730
2015 $1,667 $129,977 $39,624 $90,353
2014 $1,686 $127,432 $38,848 $88,584
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-263509

The MLS

APN: 4260-002-023