M
Seller's Agent in 2020
Mike Durkin
LIGHTHOUSE REAL ESTATE
(909) 599-6600
3 in this area
75 Total Sales
2346 N Cahuenga Blvd Los Angeles, CA 90068
Hollywood Hills NeighborhoodEstimated Value: $873,090 - $970,000
4
Beds
2
Baths
2,082
Sq Ft
$441/Sq Ft
Est. Value
About This Home
As of December 2020**Very desirable income producing Hollywood Dell Duplex** This charming duplex consists of two units, perfect opportunity to live in one and rent out the other. Unit 2348 consists of 2 bedrooms and 1 bath, featuring new paint and flooring throughout, a spacious living room area and plenty of closet space. Unit 2346 also has 2 bedrooms and 1 bath and is currently occupied. Great layout with lots of natural lighting throughout and that classic vintage feel. Easy freeway access to 101 fwy, schools, shopping and entertainment, and just minutes aware from the Hollywood Bowl. Don't wait, see it today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,786
Year Built
- Built in 1924
Lot Details
- 3,838 Sq Ft Lot
- 1 Common Wall
- Corners Of The Lot Have Been Marked
Parking
- 2 Car Garage
Home Design
- 2,082 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 3
- Tax Tract Number 6058
- Assessor Parcel Number 5576001004
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,650
- Trash Expense $100
- Water Sewer Expense $1,340
- New Taxes Expense $9,987
- Operating Expense $13,077
- Gross Income $41,094
- Net Operating Income $54,024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2020
Closed on
Oct 28, 2020
Sold by
Blue Wave Investments Inc
Bought by
Wright Garrett and Thompson Brennen
Seller's Agent
Mike Durkin
LIGHTHOUSE REAL ESTATE
List Price
$785,000
Sold Price
$730,000
Premium/Discount to List
-$55,000
-7.01%
Total Days on Market
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,023
Avg. Annual Appreciation
5.41%
Original Mortgage
$716,777
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 10, 2018
Sold by
Linn Sarah Beth and The Sarah Beth Linn 2014 Livin
Bought by
Blue Wave Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 11, 2014
Sold by
Linn Sarah Beth and Sarah Beth Linn Living Trust
Bought by
Linn Sarah Bethh and Sarah Beth Linn 2014 Living Tr
Purchase Details
Closed on
Nov 8, 2010
Sold by
Linn Ritts Sarah and Sarah Linn Ritts Living Trust
Bought by
Linn Sarah Beth and Linn Ritts Sarah
Purchase Details
Closed on
Jul 6, 2009
Sold by
Sarah Linn Ritts Family Trust
Bought by
Linn Ritts Sarah and Sarah Linn Ritts Living Trust
Purchase Details
Closed on
Apr 4, 1997
Sold by
Linn Ritts Sarah
Bought by
The Sarah Linn Ritts Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Garrett | $730,000 | Chicago Title Company | |
| Blue Wave Investments Inc | $720,000 | Chicago Title Company | |
| Linn Sarah Bethh | -- | None Available | |
| Linn Sarah Beth | -- | None Available | |
| Linn Ritts Sarah | -- | None Available | |
| The Sarah Linn Ritts Living Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Garrett | $906,750 | |
| Closed | Wright Garrett | $730,000 | |
| Previous Owner | Wright Garrett | $716,777 | |
| Previous Owner | Blue Wave Investments Inc | $592,500 | |
| Previous Owner | Blue Wave Investments Inc | $1,412,400 | |
| Previous Owner | Blue Wave Investments Inc | $700,000 | |
| Previous Owner | Blue Wave Investments Inc | $715,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2020 12/14/20 | Sold | $730,000 | -7.0% | $351 / Sq Ft |
| 10/28/2020 10/28/20 | Pending | -- | -- | -- |
| 09/11/2020 09/11/20 | For Sale | $785,000 | -- | $377 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,786 | $774,681 | $424,483 | $350,198 |
| 2023 | $9,602 | $759,492 | $416,160 | $343,332 |
| 2022 | $9,188 | $744,600 | $408,000 | $336,600 |
| 2021 | $9,073 | $730,000 | $400,000 | $330,000 |
| 2020 | $12,664 | $1,020,000 | $535,500 | $484,500 |
| 2019 | $12,165 | $1,000,000 | $525,000 | $475,000 |
| 2018 | $1,472 | $92,167 | $59,658 | $32,509 |
| 2016 | $1,356 | $88,591 | $57,343 | $31,248 |
| 2015 | $1,340 | $87,261 | $56,482 | $30,779 |
| 2014 | $1,357 | $85,553 | $55,376 | $30,177 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Durkin
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20188074
APN: 5576-001-004
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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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