NOT LISTED FOR SALE

Estimated Value: $2,350,364 - $2,587,000

2 Beds
2 Baths
1,851 Sq Ft
$1,317/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $2,385,000 $1,288 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,769/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Bathtub with Shower
  • Wood Flooring
  • Built-In Features
  • 1-minute walk to Stoner Park and Recreation Center

About This Home

As of April 2024

Welcome to 1747 Stoner Ave, exceptional property offering a Front House and two additional Units in the back, all delivered vacant upon close of escrow. This presents an incredible opportunity for Developers, Builders, Architects, rent at Market Rent , add Units or as Owner User/Family Compound or take advantage of Small Lot ordinance(Buyer to check with City). Property is situated on a 7,377 square foot parcel zoned R3 (Q) gives opportunity for 6 Unit development project (Buyer to verify) in an area with exploding developments and numerous multifamily buildings adjacent to trendy shops and restaurants on Sawtelle Blvd, Little Japantown, walking distance to Stoner Recreation Center, Santa Monica Blvd and centrally located to all the Best of Los Angeles. PLEASE DO NOT WALK ON PROPERTY OR DISTURB OCCUPANTS

Last Listed By

Karolin Poursalimi

Douglas Elliman License #01051502 Listed on: 03/01/2024

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,891

Year Built

  • Built in 1927

Lot Details

  • 7,377 Sq Ft Lot

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4262-016-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,891

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to 1747 Stoner Ave, exceptional property offering a Front House and two additional Units in the back, all delivered vacant upon close of escrow. This presents an incredible opportunity for Developers, Builders, Architects, rent at Market Rent , add Units or as Owner User/Family Compound or take advantage of Small Lot ordinance. Property is situated on a 7,375 square foot parcel zoned R3 (Q) gives opportunity for 6 Unit development project (Buyer to verify) in an area with exploding developments and numerous multifamily buildings adjacent to trendy shops and restaurants on Sawtelle Blvd, Little Japantown, walking distance to Stoner Recreation Center, Santa Monica Blvd and centrally located to all the Best of Los Angeles. PLEASE DO NOT WALK ON PROPERTY OR DISTURB OCCUPANTS
  • Living Area: 1851
  • Lot Acreage: 0.1694
  • Stories: 2
  • Year Built: 1927
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Laminate
  • Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Garbage Disposal, Cable, Dishwasher, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 1347.92

Exterior Features

  • Other Structures: Other
  • Pool: No

Garage/Parking

  • Garage Structures: 1
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Heating: Forced Air
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 23.08
  • Assessed Improvement Value: 482490
  • Assessed Land Percent: 76.92
  • Assessed Land Value: 1608302
  • Total Assessed Value: 2090792
  • Assessor Parcel Number: 4262-016-011
  • Lot Size Area: 7377

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 2Br and 1 Br
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Passo Stoner Llc
Bought by
Passo Stoner Lp
Total Days on Market
11
Current Estimated Value
$2,438,591

Purchase Details

Closed on
Jun 28, 2024
Sold by
Burrell Sabin
Bought by
Passo Stoner Llc

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 28, 2024
Sold by
Elham Shahbazisahranavard and Bakhtjoo Living Trust
Bought by
Burrell Sabin
Seller's Agent
Karolin Poursalimi
Douglas Elliman
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,385,000
Premium/Discount to List
-$110,000
-4.41%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Jan 3, 2019
Sold by
Elham Bakhtjoo Babak and Elham Shahbazisahranavard
Bought by
The Bakhtjoo Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 17, 2018
Sold by
Tsukahira John T and Tsukahira Thomas M
Bought by
Elham Bakhtjoo Babak and Elham Shahazisahravavard

Purchase Details

Closed on
Jul 16, 2018
Sold by
Tsukahira John H and Tsukahira Thomas M
Bought by
Tsukahira John H and Tsukahira Thomas M

Purchase Details

Closed on
Nov 4, 2004
Sold by
Tsukahira John H and Tsukahira Thomas M
Bought by
Tsukahira John H and Tsukahira Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 20, 1994
Sold by
Tsukahira John Hiroshi and Tsukahira Thomas Morio
Bought by
Tsukahira John H and Tsukahira Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.25%

Range of Values:

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Average Value
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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
Passo Stoner Lp -- --
Passo Stoner Llc -- None Listed On Document
Burrell Sabin $2,385,000 Equity Title Company
The Bakhtjoo Living Trust -- Ticor Title
Elham Bakhtjoo Babak $1,950,000 Fidelity National Title Comp
Tsukahira John H -- Fidelity National Title Comp
Tsukahira John H -- United Title Co
Tsukahira James -- United Title Co
Tsukahira Andrew -- United Title Co
Tsukahira John H -- Southern California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elham Bakhtjoo Babak $1,000,000
Previous Owner Tsukahira John H $200,000
Previous Owner Tsukahira John H $300,000
Previous Owner Tsukahira John H $100,000
Previous Owner Tsukahira John H $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $2,385,000 -4.4% $1,288 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $2,495,000 +27.9% $1,348 / Sq Ft
09/24/2018 09/24/18 Sold $1,950,000 0.0% $1,053 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,950,000 -- $1,053 / 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 $25,891 $2,132,607 $1,640,468 $492,139
2023 $25,387 $2,090,792 $1,608,302 $482,490
2022 $24,199 $2,049,797 $1,576,767 $473,030
2021 $23,909 $2,009,605 $1,545,850 $463,755
2020 $24,160 $1,989,000 $1,530,000 $459,000
2019 $23,188 $1,950,000 $1,500,000 $450,000
2018 $1,553 $108,115 $95,218 $12,897
2017 $1,525 $105,996 $93,351 $12,645
2016 $1,471 $103,919 $91,521 $12,398
2015 $1,453 $102,359 $90,147 $12,212
2014 $1,481 $100,355 $88,382 $11,973
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-363975

The MLS

APN: 4262-016-011