NOT LISTED FOR SALE

2022 4th Ave Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $1,144,000 - $1,761,727

-- Bed
-- Bath
4,662 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $1,210,000 $260 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,817/month

7 Days on Market

About This Home

As of May 2018

The property consists of extra large two 2BR+ BONUD ROOM+ 1.75 BATH and two 1BR+ BONUD ROOM+ 1.75 BATH. Each unit has around 1165 square feet area. Ideally located in the quiet residential area on a wide street cul-de-sac. Don't miss this perfect opportunity to acquire a lucrative investment with good upside rent potential. Priced to sell for only $267/SQ. Each unit has laundry hook-ups, separate Gas, and Electricity meter. Buyer to cooperate with Seller's 1031 exchange. The broker/agent does not guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Offer subject to inspection. Property sold in "As-Is" condition. Drive by only! Please do not disturb occupants.

Last Agent to Sell the Property

Brian Jang

Equitable Realty & Management Inc License #01183248 Listed on: 04/08/2018

Last Buyer's Agent

Alan Lu

License #01514595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,888

Year Built

  • Built in 1918

Lot Details

  • 7,000

Parking

  • 8 Car Attached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,662 Sq Ft Home
  • 2-Story Property

Additional Features

  • 7,000 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5060-027-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,888

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4662
  • Stories: 2
  • Year Built: 1918
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 267.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Bituthene

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 8

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 132628
  • Assessed Land Value: 371362
  • Assessor Parcel Number: 5060-027-014
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.80
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 4-plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 7, 2018
Sold by
Chong Won Yong and Chong Hyun Joo
Bought by
Park Alex Jaemin
Seller's Agent
Brian Jang
Equitable Realty & Management Inc
Buyer's Agent
Alan Lu
List Price
$1,247,000
Sold Price
$1,210,000
Premium/Discount to List
-$37,000
-2.97%
Current Estimated Value
$1,543,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,432
Avg. Annual Appreciation
3.74%
Original Mortgage
$526,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 5, 2012
Sold by
Wilshire J Beverly Inc
Bought by
Chong Won Young and Chong Hyun Joo
Seller's Agent
Brian Jang
Equitable Realty & Management Inc
Buyer's Agent
Brian Jang
Equitable Realty & Management Inc
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.31%
Original Mortgage
$356,200
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Kang Grace
Bought by
Wilshire J Beverly Inc

Purchase Details

Closed on
Jan 6, 2012
Sold by
Town Bancorp
Bought by
Kang Grace

Purchase Details

Closed on
Oct 31, 2011
Sold by
Kang Grace
Bought by
Kang Grace and Town Bancorp

Purchase Details

Closed on
Feb 4, 2005
Sold by
Hua Yeon Jin
Bought by
Kang Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Prado Antonio and Prado Oliva
Bought by
Hua Yeon Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Park Alex Jaemin $1,210,000 Usa National Title Company
Chong Won Young $475,000 Fidelity National Title
Wilshire J Beverly Inc $455,000 None Available
Kang Grace -- None Available
Kang Grace -- None Available
Kang Grace $770,000 Chicago Title Co
Hua Yeon Jin $500,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Alex Jaemin $483,000
Closed Park Alex Jaemin $526,000
Previous Owner Chong Won Young $356,200
Previous Owner Kang Grace $675,500
Previous Owner Kang Grace $79,822
Previous Owner Kang Grace $88,162
Previous Owner Kang Grace $577,500
Previous Owner Hua Yeon Jin $50,000
Previous Owner Hua Yeon Jin $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $1,210,000 -3.0% $260 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/08/2018 04/08/18 For Sale $1,247,000 +162.5% $267 / Sq Ft
10/18/2012 10/18/12 Sold $475,000 -8.5% $102 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $519,000 -- $111 / 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 $16,888 $1,376,768 $1,080,935 $295,833
2024 $16,888 $1,349,774 $1,059,741 $290,033
2023 $16,571 $1,323,309 $1,038,962 $284,347
2022 $15,816 $1,297,363 $1,018,591 $278,772
2021 $15,604 $1,271,925 $998,619 $273,306
2020 $15,759 $1,258,884 $988,380 $270,504
2019 $15,144 $1,234,200 $969,000 $265,200
2018 $6,649 $514,069 $378,789 $135,280
2016 $6,320 $494,109 $364,081 $130,028
2015 $6,233 $486,688 $358,613 $128,075
2014 $6,279 $477,156 $351,589 $125,567
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Jang

    Equitable Realty & Management Inc

  • A

    Buyer's Agent in 2018

    Alan Lu

See All Agents

Map

Source: The MLS

MLS Number: 18-331204

The MLS

APN: 5060-027-014

California Los Angeles County Los Angeles 90018 Arlington Heights

2022 4th Ave, Los Angeles, CA

This home is located at 2022 4th Ave, Los Angeles, CA 90018 since 08 April 2018 and is currently estimated at $1,543,432, approximately $331 per square foot. This property was built in 1918. 2022 4th Ave 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.

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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.
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