NOT LISTED FOR SALE

2431 E 4th St Los Angeles, CA 90033

Estimated Value: $803,000 - $942,000

5 Beds
3 Baths
2,479 Sq Ft
$345/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $710,000 $286 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,577/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Laundry Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Views
  • Ceramic Tile Flooring

About This Home

As of June 2023

Very convenient income property!!! for a family that can live in one unit and rent the rest of the property. Located very close to freeways 5, 10, 60, and 710, Downtown L.A. as well to stores, and many other amenities, It has Basement with laundry hook-ups.

Last Agent to Sell the Property

Teresa Ramos

Premier Properties License #01449924 Listed on: 04/24/2023

Last Buyer's Agent

Teresa Ramos

Premier Properties License #01449924 Listed on: 04/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1895

Lot Details

  • 6,741

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,479 Sq Ft Home
  • 2-Story Property
  • Family Room on Second Floor
  • Granite Countertops
  • Laundry Room
  • Property Views
  • Basement

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • Automatic Gate

Additional Features

  • 6,741 Sq Ft Lot
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5180-004-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,257

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2479
  • Lot Acreage: 0.1548
  • Year Built: 1895
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Basement
  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 5
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 332.80

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate
  • Total Parking: 8

Utilities

  • Sewer: In Street Paid
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 22.92
  • Assessed Improvement Value: 141647
  • Assessed Land Percent: 77.08
  • Assessed Land Value: 476466
  • Total Assessed Value: 618113
  • Assessor Parcel Number: 5180-004-028
  • Lot Size Area: 6741

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 5400.00
  • Number Of Units: 3
  • Total Annual Expense: 3300
  • Type Of Units: Triplex
  • Vacancy Rate: NO

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2024
Sold by
Ventura Gabriel Andrew
Bought by
Blue Paris Revocable Trust
Total Days on Market
8
Current Estimated Value
$856,000

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 5, 2023
Sold by
Ramirez Milagros Rangel
Bought by
Ornelas Jesus
Seller's Agent
Teresa Ramos
Premier Properties
Buyer's Agent
Teresa Ramos
Premier Properties
List Price
$825,000
Sold Price
$710,000
Premium/Discount to List
-$115,000
-13.94%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$697,140
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 4, 2023
Sold by
Jimenez Victor H
Bought by
Ventura Gabriel Andrew
Seller's Agent
Teresa Ramos
Premier Properties
Buyer's Agent
Teresa Ramos
Premier Properties
List Price
$825,000
Sold Price
$710,000
Premium/Discount to List
-$115,000
-13.94%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,140
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2006
Sold by
Jimenez Victor H
Bought by
Jimenez Victor H and Ornelas Jesus

Purchase Details

Closed on
Jan 3, 2006
Sold by
Gonzalez Juan Carlos
Bought by
Gonzalez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 12, 2005
Sold by
Gonzalez Juan Carlos
Bought by
Jimenez Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2002
Sold by
Cadena Juan Gonzalez
Bought by
Gonzalez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,410
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1997
Sold by
Hernandez Maria Delrosario
Bought by
Cadena Juan Gonzalez

Purchase Details

Closed on
Jul 20, 1996
Sold by
Cadena Juan G
Bought by
Hernandez Maria Delrosario
Source: Public Records

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Range of Values:

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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
Blue Paris Revocable Trust -- None Listed On Document
Ornelas Jesus -- Wfg National Title
Ventura Gabriel Andrew $710,000 Wfg National Title
Jimenez Victor H -- Accommodation
Gonzalez Juan Carlos -- --
Jimenez Victor H $480,000 Investors Title Company
Gonzalez Juan Carlos $100,000 Gateway Title Company
Cadena Juan Gonzalez -- --
Hernandez Maria Delrosario -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventura Gabriel Andrew $697,140
Previous Owner Jimenez Victor H $96,000
Previous Owner Gonzalez Juan Carlos $384,000
Previous Owner Jimenez Victor H $384,000
Previous Owner Gonzalez Juan Carlos $95,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $710,000 -13.9% $286 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $825,000 -- $333 / 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
2024 $9,257 $724,200 $418,200 $306,000
2023 $8,131 $630,474 $485,995 $144,479
2022 $7,767 $618,113 $476,466 $141,647
2021 $7,665 $605,994 $467,124 $138,870
2019 $7,445 $588,022 $453,270 $134,752
2018 $7,324 $576,493 $444,383 $132,110
2016 $6,992 $554,109 $427,128 $126,981
2015 $6,894 $545,787 $420,713 $125,074
2014 $6,932 $535,096 $412,472 $122,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-262564

The MLS

APN: 5180-004-028