NOT LISTED FOR SALE

Estimated Value: $1,159,000 - $2,722,568

1 Bed
1 Bath
1,428 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $825,000 $578 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $14,525/month

9 Days on Market

About This Home

As of September 2017

Developers & Investors Delight!!! This Duplex property features two 1 bedroom and 1 bathroom units. The best feature is that it's zoned R3 and has four door garages. This sale is contingent upon buyer purchasing 4221 N Alexandria Pl (MLS#:DW17145063) (Sales price $300K) together. By purchasing both properties you are able to build up to 17 units!!! (Buyers due diligence) Looking for Developers! Come take a look today!

Last Listed By

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 06/27/2017

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,942

Year Built

  • Built in 1921

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 1,428 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 67
  • Assessor Parcel Number 5520015008

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,942

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5520015008
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 577.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7501.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1926.20
  • Tax Lot: 5
  • Tax Tract Number: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Jul 22, 2017
Sold by
Saeed Oehme Living Trust
Bought by
426 Alexandria Jv Llc
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$1,000,000
Sold Price
$825,000
Premium/Discount to List
-$175,000
-17.5%
Total Days on Market
9
Current Estimated Value
$2,099,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,274,523
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Oehme Saeed Shahzad
Bought by
Oehme Saeed Shahzad and Saeed Ochme 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
$650,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 1998
Sold by
Stone Howard H
Bought by
Oehme Saeed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
9.5%

Purchase Details

Closed on
Dec 24, 1998
Sold by
Shahzad Samina R
Bought by
Oehme Saeed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
9.5%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Kgs Development Inc
Bought by
Howard H Stone Revocable Trust

Purchase Details

Closed on
Mar 27, 1997
Sold by
Waxman Hyman J
Bought by
K G S Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.56%
Mortgage Type
Unknown

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
426 Alexandria Jv Llc $825,000 Fidelity National Title Co
Oehme Saeed Shahzad -- None Available
Oehme Saeed $130,000 American Coast Title
Oehme Saeed -- American Coast Title
Howard H Stone Revocable Trust $117,791 --
K G S Development Inc $92,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 426 Alexandria Jv Llc $4,905,000
Closed 426 Alexandria Jv Llc $0
Closed 426 Alexandriia Jv Llc $4,850,000
Previous Owner Oehme Saeed Shahzad $650,000
Previous Owner Oehme Saeed $100,000
Previous Owner Oehme Saeed $164,000
Previous Owner Oehme Saeed $164,574
Previous Owner Oehme Saeed $165,000
Previous Owner Oehme Saeed $159,600
Previous Owner Oehme Saeed $153,750
Previous Owner Oehme Saeed $110,500
Previous Owner Kgs Development Inc $36,000
Previous Owner K G S Development Inc $102,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $825,000 -17.5% $578 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $1,000,000 -- $700 / 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
2024 $33,942 $2,799,871 $920,302 $1,879,569
2023 $33,279 $2,744,972 $902,257 $1,842,715
2022 $31,720 $2,691,150 $884,566 $1,806,584
2021 $31,347 $2,638,383 $867,222 $1,771,161
2020 $31,678 $858,330 $858,330 $0
2019 $10,221 $841,500 $589,050 $252,450
2018 $10,107 $825,000 $577,500 $247,500
2016 $2,270 $172,149 $132,426 $39,723
2015 $2,239 $169,564 $130,437 $39,127
2014 $2,263 $166,243 $127,882 $38,361
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17145080

California Regional Multiple Listing Service (CRMLS)

APN: 5520-015-008