J
Seller's Agent in 2024
Joseph Norfleet
Bankers Realty Exclusive, Inc.
2000 7th Ave Los Angeles, CA 90018
Arlington Heights NeighborhoodEstimated Value: $1,015,000 - $1,212,000
4
Beds
4
Baths
3,600
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- 4 Car Detached Garage
- Floor Furnace
- East Facing Home
- Ceiling Fan
About This Home
As of September 2024INVESTORS, BUILDERS, DEVELOPERS LAND VALUE: Looking for a great project with upside potential? This fourplex has each unit with 1 bedroom, 1 bath room for a total of 3,600 sq. ft. There is a detached garage in the rear, so bring your ADU plans to see if you can maximize the use of this spacious lot. Additionally, there is ample parking in the driveway and a backyard for large gatherings. The property is located in close proximity to the Exposition & Crenshaw Line to LAX, the 10 and 110 freeways, USC, Johnny's West Adams, Harold & Belle's, Highly Likely, Party Beer Co, and the other ultra-hot neighborhood hubs: Leimert Park & West Adams. Take advantage of this rare opportunity and start generating income upon project completion. Please do not walk onto property or approach doorways. This is an "as-is" sale.
Last Agent to Sell the Property
Joseph Norfleet
Bankers Realty Exclusive, Inc. License #01304280 Listed on: 10/17/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 7,500 Sq Ft Lot
- East Facing Home
Parking
- 4 Car Detached Garage
- 2 Open Parking Spaces
- Driveway
Home Design
- Quadruplex
- Asphalt Roof
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Location
- City Lot
Utilities
- Floor Furnace
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- Tenant pays for gas
- The owner pays for water, gardener
- Assessor Parcel Number 5060-022-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Aug 6, 2024
Sold by
Leroy J Mathews Living Trust and Porter Leland J
Bought by
Preston Hali
Seller's Agent
Joseph Norfleet
Bankers Realty Exclusive, Inc.
Buyer's Agent
David Yeomans
Bankers Realty Exclusive, Inc.
List Price
$1,000,000
Sold Price
$1,000,000
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,758
Avg. Annual Appreciation
6.23%
Original Mortgage
$950,000
Outstanding Balance
$938,400
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$143,358
Purchase Details
Closed on
Aug 6, 2009
Sold by
Mathews Le Roy J and Lucille M Mathews Trust
Bought by
Mathews Le Roy J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Preston Hali | $1,000,000 | Lawyers Title Company | |
| Mathews Le Roy J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Preston Hali | $950,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $1,000,000 | 0.0% | $278 / Sq Ft |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- |
| 10/17/2023 10/17/23 | For Sale | $1,000,000 | 0.0% | $278 / Sq Ft |
| 10/12/2023 10/12/23 | For Sale | $1,000,000 | 0.0% | $278 / Sq Ft |
| 07/18/2023 07/18/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $1,000,000 | 0.0% | $278 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 04/21/2023 04/21/23 | For Sale | $1,000,000 | -- | $278 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $15,137 | $1,000,000 | $800,000 | $200,000 |
| 2024 | $15,137 | $1,211,583 | $847,037 | $364,546 |
| 2023 | $14,852 | $1,187,828 | $830,429 | $357,399 |
| 2022 | $14,175 | $1,164,539 | $814,147 | $350,392 |
| 2021 | $1,063 | $41,846 | $28,511 | $13,335 |
| 2019 | $1,045 | $40,607 | $27,666 | $12,941 |
| 2018 | $924 | $39,812 | $27,124 | $12,688 |
| 2016 | $850 | $38,269 | $26,072 | $12,197 |
| 2015 | $844 | $37,695 | $25,681 | $12,014 |
| 2014 | $878 | $36,957 | $25,178 | $11,779 |
Source: Public Records
Agents Affiliated with this Home
-
-
David Yeomans
Buyer's Agent in 2024
David Yeomans
Bankers Realty Exclusive, Inc.
(800) 421-9323
1 in this area
1 Total Sale
Map
Source: The MLS
MLS Number: 23-262915
APN: 5060-022-010
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© 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.
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