NOT LISTED FOR SALE

Estimated Value: $2,660,813 - $2,856,000

8 Beds
5 Baths
3,553 Sq Ft
$776/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $2,050,000 $577 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,631/month

62 Days on Market

About This Home

As of July 2020

The Oxford Hollywood is a reimagined 5-unit multifamily opportunity in Hollywood (90029). one of LA's most dynamic neighborhoods. The interior apartment homes feature Scandinavian-inspired aesthetics with thoughtfully curated designer touches. Each unit has been carefully redesigned with open floor plans, large windows, new flooring, new baths, new kitchens, upgraded appliances and treatments, and in-suite laundry. Parking is provided in Four (4) enclosed garages and One (1) open on-grade space. The property is not on the list of buildings that require a soft-story seismic retrofit. The Oxford Hollywood offers you a unique combination of modern living and relaxed comfort while being centrally located in one of the most engaging and diverse neighborhoods in LA. The exteriors have also seen a transformation, sky-rocketing the property's curb appeal. The drought-tolerant landscaping and thoughtfully imagined exterior provide attractive exterior spaces for tenant enjoyment.

Last Listed By

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 05/26/2020

KW Commercial Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,178

Year Built

  • Built in 1924

Lot Details

  • 8,409

Interior Spaces

  • 3,553 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Covered Parking

Additional Features

  • 8,409 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5536-025-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,178

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3553
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 643.12

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Wall/Window

Lot Info

  • Assessed Improvement Value: 263000
  • Assessed Land Value: 612000
  • Assessor Parcel Number: 5536-025-006
  • Geocode Override: No
  • Lot Size Area: 8409

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 5
  • Total Annual Expense: 38541
  • Type Of Units: Apartments
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 14, 2020
Sold by
1020 Oxford Partners Llc
Bought by
Foundation4 Investments Llc
Seller's Agent
Nick Astrupgaard
KW Commercial Studio City
Buyer's Agent
Rich Johns
KW Commercial Studio City
List Price
$2,285,000
Sold Price
$2,050,000
Premium/Discount to List
-$235,000
-10.28%
Total Days on Market
62
Current Estimated Value
$2,758,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,407
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,127,500
Outstanding Balance
$1,016,919
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$1,741,488

Purchase Details

Closed on
Jul 1, 2016
Sold by
Garrett Michael M and Michael M Garrett Separate Pro
Bought by
1020 Oxford Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2011
Sold by
Stettler Alfons and Stettler Maria V
Bought by
Garrett Michael M and Michael M Garrett Separate Pro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Range of Values:

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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
Foundation4 Investments Llc $2,050,000 Fidelity National Title Co
1020 Oxford Partners Llc $875,000 North American Title Company
Garrett Michael M $650,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foundation4 Investments Llc $1,127,500
Previous Owner 1020 Oxford Partners Llc $1,337,000
Previous Owner 1020 Oxford Partners Llc $840,000
Previous Owner 1020 Oxford Partners Llc $325,000
Previous Owner Garrett Michael M $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $2,050,000 -10.3% $577 / Sq Ft
05/26/2020 05/26/20 For Sale $2,285,000 -- $643 / 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
2024 $27,178 $2,175,475 $1,963,234 $212,241
2023 $26,664 $2,132,820 $1,924,740 $208,080
2022 $25,449 $2,091,000 $1,887,000 $204,000
2021 $12,062 $938,174 $656,186 $281,988
2020 $12,175 $928,555 $649,458 $279,097
2019 $11,721 $910,349 $636,724 $273,625
2018 $11,545 $892,500 $624,240 $268,260
2016 $8,968 $689,673 $477,466 $212,207
2015 $8,846 $679,315 $470,295 $209,020
2014 $8,905 $666,009 $461,083 $204,926
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-582892

The MLS

APN: 5536-025-006