NOT LISTED FOR SALE

Estimated Value: $787,000 - $832,761

4 Beds
3 Baths
1,840 Sq Ft
$441/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $745,000 $405 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,192/month

1 Day on Market

About This Home

As of September 2022

This home is located at 220 E Vernon Ave, Los Angeles, CA 90011 since 15 August 2022 and is currently estimated at $810,690, approximately $440 per square foot. This property was built in 1902. 220 E Vernon Ave is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Last Agent to Sell the Property

Dorit Pakdaman

Realty Source Incorporated License #01986592 Listed on: 08/15/2022

Last Buyer's Agent

Shahram Shamounpour

Keller Williams Beverly Hills License #02122389

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,555

Year Built

  • Built in 1902

Lot Details

  • 5,131

Parking

  • Unassigned Parking

Home Design

  • 1,840 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • ADA Compliant
  • 5,131 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5109-011-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,555

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Building Permit: No
  • Living Area: 1840
  • Lot Acreage: 0.1178
  • Year Built: 1902
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Hood Fan
  • Price Per S Q F T: 461.96

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Unassigned

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 23.91
  • Assessed Improvement Value: 111139
  • Assessed Land Percent: 76.09
  • Assessed Land Value: 353626
  • Total Assessed Value: 464765
  • Assessor Parcel Number: 5109-011-006
  • Lot Size Area: 5131

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 3
  • Total Annual Expense: 4000
  • Type Of Units: 3
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Aug 19, 2022
Sold by
Rafael and Marjan
Bought by
Hatanian David
Seller's Agent
Dorit Pakdaman
Realty Source Incorporated
Buyer's Agent
Shahram Shamounpour
Keller Williams Beverly Hills
List Price
$850,000
Sold Price
$745,000
Premium/Discount to List
-$105,000
-12.35%
Views
2
Current Estimated Value
$802,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,837
Avg. Annual Appreciation
2.96%
Original Mortgage
$548,000
Outstanding Balance
$523,202
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$287,488

Purchase Details

Closed on
Dec 27, 2019
Sold by
Tajian Afshin and Yeganeh Tajian Elena
Bought by
Rafael Dan and Shariff Marjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2017
Closed on
Feb 6, 2018
Sold by
Villanueva Margarita
Bought by
Tajian Afshin and Yeganeh Tajian Elena
Seller's Agent
Paul Kelly
Paul A. Kelly
Buyer's Agent
Paul Kelly
Paul A. Kelly
List Price
$395,000
Sold Price
$396,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$297,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1996
Sold by
Villanueva Margarita
Bought by
Villanueva Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.98%
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
Hatanian David $745,000 Provident Title
Rafael Dan $460,000 Pacific Coast Title
Tajian Afshin $396,000 North American Title
Villanueva Margarita -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatanian David $548,000
Previous Owner Rafael Dan $368,000
Previous Owner Tajian Afshin $297,000
Previous Owner Villanueva Margarita $232,500
Previous Owner Villanueva Margarita $138,000
Previous Owner Villanueva Margarita $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $745,000 -12.4% $405 / Sq Ft
08/15/2022 08/15/22 For Sale $850,000 +114.6% $462 / Sq Ft
03/15/2018 03/15/18 Sold $396,000 +0.3% $215 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $395,000 -0.3% $215 / Sq Ft
12/27/2017 12/27/17 Off Market $396,000 -- --
12/01/2017 12/01/17 For Sale $395,000 0.0% $215 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $395,000 -0.3% $215 / Sq Ft
11/10/2017 11/10/17 Off Market $396,000 -- --
11/10/2017 11/10/17 For Sale $395,000 -0.3% $215 / Sq Ft
11/06/2017 11/06/17 Off Market $396,000 -- --
11/02/2017 11/02/17 For Sale $395,000 -0.3% $215 / Sq Ft
10/24/2017 10/24/17 Off Market $396,000 -- --
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 $9,555 $775,098 $582,624 $192,474
2024 $9,555 $759,900 $571,200 $188,700
2023 $9,374 $745,000 $560,000 $185,000
2022 $5,957 $474,059 $360,698 $113,361
2021 $5,880 $464,765 $353,626 $111,139
2020 $5,359 $411,998 $270,504 $141,494
2019 $5,158 $403,920 $265,200 $138,720
2018 $3,229 $242,513 $108,318 $134,195
2016 $3,075 $233,098 $104,113 $128,985
2015 $3,034 $229,598 $102,550 $127,048
2014 $3,063 $225,102 $100,542 $124,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-189769

The MLS

APN: 5109-011-006