NOT LISTED FOR SALE

Estimated Value: $2,243,000 - $2,894,245

6 Beds
4 Baths
4,071 Sq Ft
$616/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $2,470,000 $607 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,753/month

90 Days on Market

About This Home

As of June 2023

Beautifully renovated spanish revival duplex in Beverly Grove. Both large units feature renovated interiors and restored exterior renovations. See the Offering Memorandum for details as well as a virtual tour.

Last Agent to Sell the Property

Mike O’Neill

CB Richard Ellis, Inc. License #02036937 Listed on: 01/31/2023

Last Buyer's Agent

Adam Zunder

Pacifica Capital License #01821053

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 4,071 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5510-026-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

6,250 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Living Area: 4071
  • Lot Acreage: 0.1435
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 662.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 35.00
  • Assessed Improvement Value: 606455
  • Assessed Land Percent: 65
  • Assessed Land Value: 1126274
  • Total Assessed Value: 1732729
  • Assessor Parcel Number: 5510-026-025
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 19.54
  • Number Of Units: 2
  • Type Of Units: apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
May 26, 2023
Sold by
West Sixth Properties Llc
Bought by
Janet S Van Adelsberg Family Trust and Van Adelsberg
Seller's Agent
Mike O’Neill
CB Richard Ellis, Inc.
Buyer's Agent
Adam Zunder
Pacifica Capital
List Price
$2,695,000
Sold Price
$2,470,000
Premium/Discount to List
-$225,000
-8.35%
Current Estimated Value
$2,507,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,811
Avg. Annual Appreciation
0.56%

Purchase Details

Closed on
May 13, 2013
Sold by
Wakim Jean M and Wakim Lina J
Bought by
West Sixth Properties Llc

Purchase Details

Closed on
Jan 31, 2012
Sold by
Wakim Mark John and Wakim Jean M
Bought by
Wakim Mark John and Wakim Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Blaemire Roger R
Bought by
Wakim Mark John and Wakim Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2006
Sold by
Madan Rami
Bought by
Blaemire Roger R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Janet S Van Adelsberg Family Trust $2,470,000 Chicago Title Company
West Sixth Properties Llc -- None Available
Wakim Jean M -- None Available
Wakim Mark John -- None Available
Wakim Mark John -- Equity Title
Wakim Mark John $1,950,000 First American Title
Blaemire Roger R $1,900,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wakim Mark John $417,000
Previous Owner Wakim Mark John $1,050,000
Previous Owner Blaemire Roger R $1,330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $2,470,000 -8.3% $607 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $2,695,000 0.0% $662 / Sq Ft
06/10/2016 06/10/16 Rented $4,500 0.0% --
05/25/2016 05/25/16 For Rent $4,500 +7.8% --
06/02/2014 06/02/14 Rented $4,175 0.0% --
06/02/2014 06/02/14 Under Contract -- -- --
03/17/2014 03/17/14 For Rent $4,175 -- --
Source: The MLS

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 $30,726 $2,569,788 $1,544,994 $1,024,794
2024 $30,726 $2,519,400 $1,514,700 $1,004,700
2023 $21,703 $1,767,383 $1,148,799 $618,584
2022 $20,696 $1,732,729 $1,126,274 $606,455
2021 $20,431 $1,698,755 $1,104,191 $594,564
2019 $19,819 $1,648,371 $1,071,441 $576,930
2018 $19,709 $1,616,051 $1,050,433 $565,618
2016 $18,832 $1,553,300 $1,009,645 $543,655
2015 $18,556 $1,529,969 $994,480 $535,489
2014 $18,617 $1,500,000 $975,000 $525,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-237577

The MLS

APN: 5510-026-025

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