NOT LISTED FOR SALE

1542 4th Ave Unit A-D Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $973,000 - $1,834,000

4 Beds
2 Baths
2,240 Sq Ft
$625/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $850,000 $379 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,953/month

4 Days on Market

Highlights

  • Wood Flooring
  • 6 Car Attached Garage
  • Remodeled Bathroom
  • Granite Countertops
  • Double Pane Windows
  • West Facing Home

About This Home

As of October 2014

MOTIVATED SELLER. SELLER MUST MOVE OUT OF THE STATE AND NEEDS TO LIQUIDATE THE ASSET. This gated 4 unit has a strong unit mix, copper plumbing, solar panels, new electrical box, new dual pane windows and so much more. Fully occupied and cash flow day one of ownership. Please do not bother the tenants. Two units are Section 8. Showing on accepted offer ONLY.

Last Agent to Sell the Property

Dennis Earls

SP Residential Inc License #01383796 Listed on: 09/23/2014

Last Buyer's Agent

Arthur Toye

Cavanaugh Realtors License #00874292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,530

Year Built

  • Built in 1909 | Remodeled

Lot Details

  • 6,999 Sq Ft Lot
  • West Facing Home

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Basement

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5072-027-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,530

Year Built

Built in 1909 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2240
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1909
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement
  • Flooring: Hardwood, Tile
  • Appliances: Cooktop - Gas
  • Bedrooms: 4
  • Bathroom Features: Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Electric Dryer Hookup, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 406.25
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Water Expense: 3600.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1200.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 125000
  • Assessed Land Value: 450000
  • Assessor Parcel Number: 5072-027-017
  • Geocode Override: No
  • Lot Description: Yard
  • Lot Size Area: 6999

Rental Info

  • Total Actual Rent: 5785.00
  • Monthly Gross Income: 4591.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.43
  • Gross Scheduled Income: 55092.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 16175
  • Type Of Units: 4-Plex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 11375.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Gino Sesto
Bought by
1542 & 11645 Llc
Current Estimated Value
$1,432,043

Purchase Details

Closed on
Mar 15, 2021
Sold by
Ho Bettina D
Bought by
Sesto Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2021
Sold by
1542 & 11645 Llc
Bought by
Sesto Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2020
Sold by
Sesto Gino
Bought by
1542 & 11645 Llc

Purchase Details

Listed on
Sep 23, 2014
Closed on
Oct 15, 2014
Sold by
Tabor Jacqueline R
Bought by
Sesto Gino
Seller's Agent
Dennis Earls
SP Residential Inc
Buyer's Agent
Arthur Toye
Cavanaugh Realtors
List Price
$910,000
Sold Price
$850,000
Premium/Discount to List
-$60,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$637,500
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2013
Sold by
Parker Sirr
Bought by
Tabor Jacqueline R and Tabor Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,723
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2012
Sold by
Mayer Alan M
Bought by
Parker Sirr E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,585
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2008
Sold by
Fornis Leon C
Bought by
Mayer Alan M and Murphy Marcela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Fornis Leon Clarence
Bought by
Fornis Leon C and Fornis Billy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2000
Sold by
Fornis Leon C
Bought by
Fornis Leon Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.1%

Purchase Details

Closed on
May 20, 1997
Sold by
Fornis Leon Clarence
Bought by
Fornis Leon Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,447
Interest Rate
8.14%
Mortgage Type
Unknown
Source: Public Records

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
1542 & 11645 Llc -- None Listed On Document
Sesto Gino -- Pacific Coast Title Company
Sesto Gino -- Pacific Coast Title Company
1542 & 11645 Llc -- None Available
Sesto Gino -- Lawyers Title Company
Tabor Jacqueline R $730,007 None Available
Parker Sirr E $575,000 North American Title Company
Mayer Alan M $480,000 Fidelity National Title Co
Fornis Leon C -- Fidelity National Title Co
Fornis Leon C -- Stewart Title Company
Fornis Leon Clarence -- Gateway Title Company
Fornis Leon Clarence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sesto Gino $537,500
Previous Owner Sesto Gino $624,500
Previous Owner Sesto Gino $637,500
Previous Owner Tabor Jacqueline R $710,723
Previous Owner Parker Sirr E $564,585
Previous Owner Mayer Alan M $329,000
Previous Owner Mayer Alan M $336,000
Previous Owner Fornis Leon C $57,000
Previous Owner Fornis Leon C $17,261
Previous Owner Fornis Leon C $365,000
Previous Owner Fornis Leon C $30,000
Previous Owner Fomis Leon C $60,000
Previous Owner Fornis Leon C $230,000
Previous Owner Fornis Leon C $170,000
Previous Owner Fornis Leon Clarence $128,000
Previous Owner Fornis Leon Clarence $12,000
Previous Owner Fornis Leon Clarence $93,000
Previous Owner Fornis Leon Clarence $70,000
Previous Owner Fornis Leon Clarence $48,500
Previous Owner Fornis Leon Clarence $19,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $850,000 -6.6% $379 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $910,000 -- $406 / Sq Ft
Source: The MLS

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 $12,530 $1,021,563 $612,938 $408,625
2024 $12,530 $1,001,533 $600,920 $400,613
2023 $12,296 $981,896 $589,138 $392,758
2022 $11,737 $962,644 $577,587 $385,057
2021 $11,588 $943,769 $566,262 $377,507
2020 $11,705 $934,093 $560,456 $373,637
2019 $11,249 $915,778 $549,467 $366,311
2018 $11,100 $897,823 $538,694 $359,129
2016 $10,664 $862,962 $517,777 $345,185
2015 $10,461 $850,000 $510,000 $340,000
2014 $9,258 $730,000 $535,000 $195,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dennis Earls

    SP Residential Inc

    (818) 939-5384

    Section Image
  • Arthur Toye

    Buyer's Agent in 2014

    Arthur Toye

    Cavanaugh Realtors

    (310) 560-2560

    4 Total Sales

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Map

Source: The MLS

MLS Number: 14-794907

The MLS

APN: 5072-027-017

California Los Angeles County Los Angeles 90019 Arlington Heights

1542 4th Ave Unit A-D, Los Angeles, CA

This home is located at 1542 4th Ave Unit A-D, Los Angeles, CA 90019 since 23 September 2014 and is currently estimated at $1,401,015, approximately $625 per square foot. This property was built in 1909. 1542 4th Ave Unit A-D is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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