NOT LISTED FOR SALE

5812 Cartwright Ave North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $945,000 - $1,086,334

4 Beds
2 Baths
1,665 Sq Ft
$617/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $657,500 $395 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,317/month

99 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 2 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • 1-minute walk to Whitnall Off-Leash Dog Park

About This Home

As of October 2019

Opportunity in the ever developing neighborhood of North Hollywood. It may be possible to purchase and live in one unit while renting out the other. Location is great to access the best of Burbank and North Hollywood. Dog Park just around the corner, cool shops and eateries nearby and great way to begin a Real Estate portfolio. The front unit has been upgraded with fresh new appeal. Wood floors in both units.

Last Agent to Sell the Property

Paul Sessum

Exp Realty of California Inc. License #01456020 Listed on: 05/01/2019

Exp Realty of California Inc.

Last Buyer's Agent

armen garayan

Standard Home Realty License #02077337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,791

Year Built

  • Built in 1948

Lot Details

  • 5,948 Sq Ft Lot
  • 1 Common Wall
  • Irregular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,665 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 9854
  • Assessor Parcel Number 2415015039

Community Details

Overview

  • 2 Units

Recreation

  • Dog Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $960
  • Insurance Expense $4,500
  • Professional Management Expense $3,000
  • Water Sewer Expense $2,100
  • Operating Expense $10,560
  • Gross Income $45,600
  • Net Operating Income $35,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,791

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 2415015039
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 394.89
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Irregular Lot
  • Lot Size Sq Ft: 5948.00
  • Lot Size Acres: 0.1365
  • Latitude Manual: 34.17621200

Rental Info

  • Tenant Pays: None

Multi Family

  • Average2 Bed Area: 832 Square Feet
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 5948.0000 Square Feet
  • Net Operating Income: 35040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 10560.00
  • Rent Control: Yes
  • Total Expenses: 10560.00

Tax Info

  • Tax Census Tract: 1243.00
  • Tax Lot: 13
  • Tax Tract Number: 9854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Aug 20, 2019
Sold by
Gomez Rene
Bought by
Shnorhokian Serge Joe and Shnorhokian Elizabeth
Seller's Agent
Paul Sessum
Exp Realty of California Inc.
Buyer's Agent
armen garayan
Standard Home Realty
List Price
$845,000
Sold Price
$657,500
Premium/Discount to List
-$187,500
-22.19%
Current Estimated Value
$1,026,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,334
Avg. Annual Appreciation
7.88%
Original Mortgage
$460,250
Interest Rate
3.5%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Crowley Jennifer Dizon
Bought by
Gomez Kent

Purchase Details

Closed on
Mar 28, 2019
Sold by
Gomez Rene
Bought by
Gomez Rene and Crowley Jennifer Dizon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2010
Sold by
Pennymac Loan Services Llc
Bought by
Gomez Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,814
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2010
Sold by
Felix Ismael and Felix Silvia
Bought by
Pennymac Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,814
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2005
Sold by
Felix Ismael and Felix Silvia
Bought by
Felix Ismael and Felix Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Felix Ismael and Felix Silvia
Bought by
Felix Ismael and Felix Silvia

Purchase Details

Closed on
Jun 17, 1998
Sold by
Felix Araceli
Bought by
Felix Erasmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,555
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1998
Sold by
Delgado Silvio and Delgado Maria N
Bought by
Felix Ismael and Felix Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,555
Interest Rate
7.01%
Mortgage Type
FHA
Source: Public Records

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
Shnorhokian Serge Joe $657,500 Chicago Title Company
Gomez Kent -- None Available
Gomez Rene -- Chicago Title Company
Gomez Rene $359,000 Lsi Title Agency
Pennymac Loan Services Llc $262,659 Stewart Title
Felix Ismael -- --
Felix Ismael -- --
Felix Erasmo -- Commonwealth Title
Felix Ismael $165,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shnorhokian Serge Joe $460,250
Previous Owner Gomez Rene $560,000
Previous Owner Gomez Rene $324,000
Previous Owner Gomez Rene $353,814
Previous Owner Felix Ismael $396,000
Previous Owner Felix Ismael $372,000
Previous Owner Felix Ismael $237,000
Previous Owner Felix Ismael $162,500
Previous Owner Felix Ismael $161,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $657,500 +1.3% $395 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/04/2019 08/04/19 Price Changed $649,000 -13.4% $390 / Sq Ft
06/16/2019 06/16/19 Price Changed $749,000 -11.4% $450 / Sq Ft
05/01/2019 05/01/19 For Sale $845,000 -- $508 / Sq Ft
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
2025 $8,791 $719,067 $546,820 $172,247
2024 $8,791 $704,969 $536,099 $168,870
2023 $8,623 $691,147 $525,588 $165,559
2022 $8,225 $677,596 $515,283 $162,313
2021 $8,122 $664,311 $505,180 $159,131
2019 $5,071 $412,308 $356,035 $56,273
2018 $4,941 $404,224 $349,054 $55,170
2016 $4,709 $388,529 $335,500 $53,029
2015 $4,640 $382,694 $330,461 $52,233
2014 $4,665 $375,198 $323,988 $51,210
Source: Public Records

Agents Affiliated with this Home

  • Paul Sessum

    Seller's Agent in 2019

    Paul Sessum

    Exp Realty of California Inc.

    (818) 395-0518

    28 Total Sales

    Paul Sessum
    Section Image

  • a

    Buyer's Agent in 2019

    armen garayan

    Standard Home Realty

    (818) 669-5614

    5 Total Sales

    armen garayan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB19103874

California Regional Multiple Listing Service (CRMLS)

APN: 2415-015-039

California Los Angeles County North Hollywood 91601 North Hollywood

5812 Cartwright Ave, North Hollywood, CA

This home is located at 5812 Cartwright Ave, North Hollywood, CA 91601 since 01 May 2019 and is currently estimated at $1,026,834, approximately $616 per square foot. This property was built in 1948. 5812 Cartwright Ave is a home located in Los Angeles County with nearby schools including Oxnard Street Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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