$500,000
SOLD OCT 29, 2012

1201 Hanover Ave Los Angeles, CA 90022

4 Beds
4 Baths
2,678 Sq Ft
5,314 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

5% Below List Price

13 Days on Market

About This Home

As of July 2025

Very well kept property proud of ownership. Please submit all offers subjecto to interior inspection, with a pre-qual letter, fico score, deposit.
Each units is 1bed-1bath and each has own garage.

Last Agent to Sell the Property

Mike Garcia

REALTY WORLD CALIFORNIA PROPERTIES License #00553046 Listed on: 09/13/2012

REALTY WORLD CALIFORNIA PROPERTIES

Last Buyer's Agent

Mike Garcia

REALTY WORLD CALIFORNIA PROPERTIES License #00553046 Listed on: 09/13/2012

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,324

Year Built

  • Built in 1951

Parking

  • 4 Car Garage

Home Design

  • 2,678 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Gas Dryer Hookup
  • 5,314 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 265
  • Tax Tract Number 9033
  • Assessor Parcel Number 6338011001

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,324

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 6338011001
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 186.71

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5314.00
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 4150.00
  • Gross Scheduled Income: 4150.00
  • Lot Size Area: 5314.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4150.00

Tax Info

  • Tax Lot: 265
  • Tax Tract Number: 9033
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jun 4, 2025
Sold by
Flores Candelario
Bought by
Gustavo A Torres And Carol A Torres Living Tr and Torres
Seller's Agent
Socorro Garcia
DRS Brokers
Buyer's Agent
Kian Maronde
Marcus & Millichap
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.46%
Original Mortgage
$798,750
Outstanding Balance
$798,070
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$332,154

Purchase Details

Listed on
Sep 13, 2012
Closed on
Oct 19, 2012
Sold by
Christian Georgia and The Margaret George Trust
Bought by
Flores Candelario
Seller's Agent
Mike Garcia
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Mike Garcia
REALTY WORLD CALIFORNIA PROPERTIES
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$490,943
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2008
Sold by
Goerge Margaret and Margaret George Revocable Trus
Bought by
Goerge Margaret and Margaret George Trust

Purchase Details

Closed on
Nov 10, 2006
Sold by
North Kenneth and North Patricia
Bought by
George Margaret and Margaret George Revocable Trus

Purchase Details

Closed on
Apr 5, 2006
Sold by
George Margaret
Bought by
George Margaret and Margaret George Revocable Trus

Purchase Details

Closed on
May 16, 2005
Sold by
George Margaret
Bought by
George Margaret and North Patricia
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,065,000 Monarch Title
Grant Deed $500,000 Calcounties Title Nation
Interfamily Deed Transfer -- None Available
Grant Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $798,750 New Conventional
Previous Owner $464,000 New Conventional
Previous Owner $490,943 FHA
Previous Owner $270,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $1,075,000 -10.3% $401 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $1,199,000 +139.8% $448 / Sq Ft
10/29/2012 10/29/12 Sold $500,000 -4.8% $187 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $525,000 -- $196 / 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 $9,324 $603,632 $301,816 $301,816
2023 $8,988 $591,798 $295,899 $295,899
2022 $8,714 $580,196 $290,098 $290,098
2021 $8,444 $568,820 $284,410 $284,410
2019 $8,159 $551,950 $275,975 $275,975
2018 $8,289 $541,128 $270,564 $270,564
2016 $7,957 $520,116 $260,058 $260,058
2015 $7,543 $512,304 $256,152 $256,152
2014 $7,417 $502,270 $251,135 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12114622

California Regional Multiple Listing Service (CRMLS)

APN: 6338-011-001