NOT LISTED FOR SALE

1127 4th Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,249,000 - $2,867,000

8 Beds
4 Baths
6,016 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $1,205,000 $200 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,366/month

140 Days on Market

About This Home

As of April 2018

Great investment opportunity in the Country Club Area, located near Koreatown. Close proximity and easy of access to major transportation, restaurants and many more. Do not disturb tenants. Per owner, unit @ $500.00 is occupied by a family member. Buyer to verify all information herein.

Last Agent to Sell the Property

Gene Armstrong

Coldwell Banker Gene Armstrong License #00620058 Listed on: 10/09/2017

Coldwell Banker Gene Armstrong

Last Buyer's Agent

Marc Lee

Stanford Raffles Commercial License #01956066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 8,111 Sq Ft Lot

Home Design

  • 6,016 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Garage
  • Carport

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5081-012-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Great investment opportunity in the Country Club Area, located near Koreatown. Close proximity and easy of access to major transportation, restaurants and many more. Do not disturb tenants.
  • Living Area: 6016
  • Year Built: 1916
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 224.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 26072
  • Assessed Land Value: 44299
  • Assessor Parcel Number: 5081-012-005
  • Geocode Override: No
  • Lot Size Area: 8111

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.40
  • Number Of Units: 4
  • Type Of Units: QUADRUPLEX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Mar 30, 2018
Sold by
Bizzell Geneva H
Bought by
Kim Daniel and Kim Cecilia
Seller's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
Buyer's Agent
Marc Lee
Stanford Raffles Commercial
List Price
$1,450,000
Sold Price
$1,205,000
Premium/Discount to List
-$245,000
-16.9%
Current Estimated Value
$1,916,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,477
Avg. Annual Appreciation
6.11%
Original Mortgage
$843,500
Outstanding Balance
$724,721
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,191,756

Purchase Details

Closed on
May 21, 1996
Sold by
Bizzell Geneva H and Harris Geneva Hubbard
Bought by
Bizzell Geneva H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.07%

Purchase Details

Closed on
Feb 1, 1991
Sold by
Harris Wesley C
Bought by
Harris Geneva Hubbard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Daniel $1,205,000 Fidelity National Title Comp
Bizzell Geneva H -- Old Republic Title Company
Harris Geneva Hubbard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Daniel $843,500
Previous Owner Bizzell Geneva H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2018 04/05/18 Sold $1,205,000 -10.7% $200 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $1,350,000 -6.9% $224 / Sq Ft
01/02/2018 01/02/18 For Sale $1,450,000 0.0% $241 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $1,450,000 -- $241 / Sq Ft
Source: The MLS

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 $16,972 $1,371,080 $1,024,044 $347,036
2024 $16,972 $1,344,197 $1,003,965 $340,232
2023 $16,655 $1,317,841 $984,280 $333,561
2022 $15,902 $1,292,002 $964,981 $327,021
2021 $15,681 $1,266,669 $946,060 $320,609
2019 $15,222 $1,229,100 $918,000 $311,100
2018 $1,483 $73,211 $46,087 $27,124
2017 $1,464 $71,777 $45,184 $26,593
2016 $1,356 $70,371 $44,299 $26,072
2015 $1,343 $69,315 $43,634 $25,681
2014 $1,379 $67,958 $42,780 $25,178
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gene Armstrong

    Coldwell Banker Gene Armstrong

    Section Image

  • M

    Buyer's Agent in 2018

    Marc Lee

    Stanford Raffles Commercial

    Section Image
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Map

Source: The MLS

MLS Number: 17-279014

The MLS

APN: 5081-012-005

California Los Angeles County Los Angeles 90019 Arlington Heights

1127 4th Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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