NOT LISTED FOR SALE

Los Angeles, CA 90029

Estimated Value: $1,360,000 - $3,078,000

6 Beds
6 Baths
2,318 Sq Ft
$1,026/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $1,975,000 $852 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,673/month

6 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Accessible Parking
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of October 2018

Four separate residential bungalow apartments, no shared walls, all on one lot in the heart of Silver Lake. Just a block and half from Sunset Junction with all that Silver Lake has to offer, just a five minute walk. Gorgeous communal space with jacuzzi and spa deck, lush mature gardens, separate outdoor space for each house, with ample street parking, one space of parking per bedroom. Recently remodeled in 2008 with all new copper plumbing, updated electrical, granite counter tops, hardwood bamboo flooring, travertine tile bathrooms, gas stoves, refrigerators and each house has its own laundry hook ups. Currently furnished and operating on Airbnb . Great opportunity to live in one and rent out the others, or operate them as an ongoing Airbnb.

Last Agent to Sell the Property

Crisanto Sonny Bautista

CSB REALTY License #00994093 Listed on: 08/17/2018

Last Buyer's Agent

Paul O'Mara

PJO Real Estate License #01840346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,441

Year Built

  • Built in 1920

Lot Details

  • 7,352 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Garden

Home Design

  • 2,318 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • On-Street Parking

Additional Features

  • Gas Cooktop
  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 195901
  • Assessor Parcel Number 5427013021

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $8,400
  • Insurance Expense $1,800
  • Maintenance Expense $12,000
  • Water Sewer Expense $2,880
  • New Taxes Expense $6,600
  • Operating Expense $30,000
  • Gross Income $201,000
  • Net Operating Income $1,960,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,441

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, Refrigerator
  • Property Attached: No
  • Water Sewer Expenses: 2880.00
  • Property Type: Residential Income
  • Parcel Number: 5427013021
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 852.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Walkstreet, Yard
  • Lot Size Sq Ft: 7352.00
  • Lot Size Acres: 0.1688

Multi Family

  • Electric Expense: 8400.00
  • Gross Income: 201000.00
  • Gross Scheduled Income: 201000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7352.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Net Operating Income: 1960000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 30000.00
  • Rent Control: Yes
  • Total Expenses: 30000.00

Tax Info

  • New Taxes Expense: 6600.00
  • Tax Lot: 27
  • Tax Tract Number: 195901
  • Tax Year: 6576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Sep 4, 2018
Sold by
Mendoza John Anthony
Bought by
Brook Peter
Seller's Agent
Crisanto Sonny Bautista
CSB REALTY
Buyer's Agent
Paul O'Mara
PJO Real Estate
List Price
$1,995,000
Sold Price
$1,975,000
Premium/Discount to List
-$20,000
-1%
Current Estimated Value
$2,377,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,773
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 24, 2018
Sold by
Brook Peter and Brook Peter
Bought by
Rheinwald Jones Nicholas J and Rheinwald Jones Alexis F
Seller's Agent
Crisanto Sonny Bautista
CSB REALTY
Buyer's Agent
Paul O'Mara
PJO Real Estate
List Price
$1,995,000
Sold Price
$1,975,000
Premium/Discount to List
-$20,000
-1%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Katz Samuel and Haynie Kerry
Bought by
Brook Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 6, 2003
Sold by
Brook Peter
Bought by
Brook Peter and Katz Samuel

Purchase Details

Closed on
Jun 26, 2002
Sold by
Lee Nancy and Lee Nancy Yong
Bought by
Lee William and Lee Nancy Y

Purchase Details

Closed on
Jul 11, 1998
Sold by
Cheow Lee M
Bought by
The Lee Moon Cheow Family Trust
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Brook Peter -- Wfg National Title Company
Rheinwald Jones Nicholas J $1,975,000 Ticor Title Riverside
Brook Peter -- Lawyers Title
Brook Peter -- --
Lee William -- --
Lee Gordon Hoy -- --
Ng Glenn G -- --
Mar Do Gene -- --
Lee Susie -- --
The Lee Moon Cheow Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brook Peter $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $1,975,000 -1.0% $852 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $1,995,000 -- $861 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $26,441 $2,203,145 $1,338,620 $864,525
2024 $26,441 $2,159,947 $1,312,373 $847,574
2023 $25,927 $2,117,596 $1,286,641 $830,955
2022 $24,719 $2,076,075 $1,261,413 $814,662
2021 $24,424 $2,035,369 $1,236,680 $798,689
2020 $24,677 $2,014,500 $1,224,000 $790,500
2019 $23,693 $1,975,000 $1,200,000 $775,000
2018 $6,722 $537,704 $397,895 $139,809
2016 $6,412 $516,827 $382,446 $134,381
2015 $6,321 $509,065 $376,702 $132,363
2014 $6,364 $499,094 $369,323 $129,771
Source: Public Records

Agents Affiliated with this Home

  • P

    Buyer's Agent in 2018

    Paul O'Mara

    PJO Real Estate

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18200252

California Regional Multiple Listing Service (CRMLS)

APN: 5427-013-021

California Los Angeles County Los Angeles

90026

This home since 17 August 2018 and is currently estimated at $2,377,773, approximately $1,025 per square foot. This property was built in 1920. This home is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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