NOT LISTED FOR SALE

Estimated Value: $1,767,141 - $1,887,000

4 Beds
2 Baths
2,556 Sq Ft
$711/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $1,780,000 $696 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,286/month

35 Days on Market

Highlights

  • Guest House
  • Gated Parking
  • Maid or Guest Quarters
  • No Units Above
  • Open Floorplan
  • Property is near a park

About This Home

As of April 2024

This gorgeous and sophisticated Spanish Duplex has tons of original charm. It is a side-by-side duplex which may be converted to a Single-Family Residence if desired (buyer to check with city to verify).

The duplex has formal living and dining rooms with barrel ceilings, fireplaces, and gleaming hardwood floors. All this, with a total of four bedrooms, two bath and a detached guest house (unpermitted). The owner has remodeled the property during their ownership. Just some of the improvements are, new kitchens, baths, plumbing, electrical, central A/C & heat, separated water lines with 2 meters and new sewer line to the street. It’s beautifully landscaped private & secluded garden provides serenity. Not to mention it’s in a wonderful neighborhood, close to the Grove and chic retail on Beverly Blvd.

Please do not disturb the tenants. Property visits only after an acceptable offer has been made. Both units are rented. One tenant is on a month to month basis the other side will be on a month to month basis as of 3/1/24. Showings available for qualified buyers (FICOS, Proof of Funds and Preapproval Letter)

Last Listed By

Ehren Jacobs

Bang Realty -California Inc Brokerage Phone: 310-920-8996 License #00898028 Listed on: 01/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,926

Year Built

  • Built in 1928

Lot Details

  • 6,103 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Stucco Fence
  • Fence is in good condition
  • Landscaped
  • Level Lot
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,556 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Window Screens
  • Living Room
  • Storage
  • Laundry Room
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Driveway Level
  • Gated Parking
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Guest House

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Tax Lot 195
  • Tax Tract Number 6568
  • Assessor Parcel Number 5526032010
  • $410 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $125
  • Insurance Expense $100
  • Pest Control $190
  • New Taxes Expense $22,250
  • Operating Expense $22,665
  • Gross Income $8,400
  • Net Operating Income $7,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,926

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Inclusions: Everything
  • Price Per Unit: 890000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 125.00
  • Parcel Number: 5526032010
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Attic Fan, Copper Plumbing Full, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Tile, Wood
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 696.40
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Foundation: Pillar/Post/Pier, Raised
  • Other Structures: Guest House
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Chain Link, Good Condition, Stucco Wall, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, Gated, Off Street
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier
  • Electric: Electricity - On Property
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Pest Control Expense: 190.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6103.00
  • Lot Size Acres: 0.1401

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1278 Square Feet
  • Gross Income: 8400.00
  • Gross Scheduled Income: 8736.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6103.0000 Square Feet
  • Net Operating Income: 7485.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Refrigerator: 2
  • Operating Expense: 915.00
  • Rent Control: Yes
  • Total Expenses: 22665.00

Tax Info

  • New Taxes Expense: 22250.00
  • Tax Census Tract: 2140.00
  • Tax Lot: 195
  • Tax Tract Number: 6568
  • TaxOtherAnnualAssessmentAmount: 410.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 25, 2024
Sold by
Anson David and Jacobs Renae Lee
Bought by
Taylan Ekrem Yagmur and Taylan Asli Oyken
Seller's Agent
Ehren Jacobs
Bang Realty -California Inc
Buyer's Agent
Olivia Riley
Coldwell Banker Realty
List Price
$1,780,000
Sold Price
$1,780,000
Total Days on Market
35
Views
41
Current Estimated Value
$1,817,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,535
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
Oct 28, 2021
Sold by
Anson David and Jacobs Renae Lee
Bought by
Anson David and Jacobs Renae Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
3.09%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Anson David
Bought by
Anson David and Jacobs Renae Lee

Purchase Details

Closed on
Jun 6, 2011
Sold by
Steins Christopher and Oliver Mindy
Bought by
Anson David and Jacobs Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2003
Sold by
Steins Christopher and Oliver Mindy
Bought by
Steins Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.79%

Purchase Details

Closed on
Apr 27, 1999
Sold by
Steins Gwenn
Bought by
Steins Jospeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Wilde Steven A and Wilde Maureen A
Bought by
Steins Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 28, 1998
Sold by
Wilde Steven A and Wilde Maureen A
Bought by
Wilde Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.25%

Purchase Details

Closed on
Sep 11, 1996
Sold by
Rosenblatt Joseph
Bought by
Wilde Steven A and Wilde Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
4.95%

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
Taylan Ekrem Yagmur $1,770,000 Lawyers Title Company
Anson David -- None Available
Anson David -- None Available
Anson David $915,000 Equity Title Los Angeles
Steins Christopher -- Orange Coast Title
Steins Jospeh -- Equity Title
Steins Christopher $435,000 Equity Title
Wilde Steven A -- Lawyers Title Company
Marshak Christine -- Lawyers Title Company
Wilde Steven A $275,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anson David $546,000
Previous Owner Anson David $637,000
Previous Owner Anson David $640,500
Previous Owner Steins Christopher $335,000
Previous Owner Steins Christopher $348,000
Previous Owner Wilde Steven A $256,500
Previous Owner Wilde Steven A $233,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $1,780,000 0.0% $696 / Sq Ft
03/04/2024 03/04/24 For Sale $1,780,000 0.0% $696 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $1,780,000 0.0% $696 / Sq Ft
11/30/2015 11/30/15 Rented $3,700 0.0% --
11/09/2015 11/09/15 Price Changed $3,700 -3.9% $3 / Sq Ft
10/22/2015 10/22/15 Price Changed $3,850 -2.5% $3 / Sq Ft
10/22/2015 10/22/15 For Rent $3,950 +33.9% --
03/20/2012 03/20/12 Rented $2,950 -14.5% --
03/16/2012 03/16/12 Under Contract -- -- --
01/23/2012 01/23/12 For Rent $3,450 -- --
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
2024 $13,926 $1,126,745 $738,852 $387,893
2023 $13,661 $1,104,653 $724,365 $380,288
2022 $13,032 $1,082,994 $710,162 $372,832
2021 $12,865 $1,061,760 $696,238 $365,522
2019 $12,483 $1,030,270 $675,588 $354,682
2018 $12,373 $1,010,070 $662,342 $347,728
2016 $11,825 $970,849 $636,623 $334,226
2015 $11,652 $956,267 $627,061 $329,206
2014 $11,697 $937,536 $614,778 $322,758
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24013082

California Regional Multiple Listing Service (CRMLS)

APN: 5526-032-010