NOT LISTED FOR SALE

2519 W 4th St Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $929,000 - $1,149,000

1 Bed
3 Baths
1,721 Sq Ft
$597/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $900,000 $523 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,554/month

97 Days on Market

About This Home

As of October 2021

3 Units in a nice, well kept neighborhood just a bike ride from downtown L.A. R3 lot ripe for development. LADBS says 14 units possible, not including low-income enhancements. Collect rent while going through the permit process.

Last Agent to Sell the Property

David Greenberg

Rose Properties License #00946105 Listed on: 05/13/2021

Last Buyer's Agent

David Greenberg

Rose Properties License #00946105 Listed on: 05/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,653

Year Built

  • Built in 1939

Lot Details

  • 6,497 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 1,721 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / G
  • Assessor Parcel Number 5155032004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • Electric Expense $800
  • Fuel Expense $950
  • Insurance Expense $750
  • Other Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $30,000
  • Operating Expense $5,000
  • Gross Income $18,200
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,653

Year Built

Built in 1939

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 366667
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: LAR3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5155032004
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 522.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 6497.00
  • Lot Size Acres: 0.1492

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 800.00
  • Fuel Expense: 950.00
  • Gross Income: 18200.00
  • Gross Scheduled Income: 20700.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6497.0000 Square Feet
  • Net Operating Income: 16200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Patio: 1
  • Operating Expense: 4500.00
  • Other Expense: 1000.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 1725.00
  • Total Expenses: 5000.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Block: G
  • Tax Census Tract: 2088.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Nov 24, 2021
Sold by
Sonita Butalia
Bought by
Xcite Property Ventures Llc
Seller's Agent
David Greenberg
Rose Properties
Buyer's Agent
David Greenberg
Rose Properties
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Current Estimated Value
$1,010,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,836
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
May 13, 2021
Closed on
Sep 16, 2021
Sold by
Butalia Sonita
Bought by
Xcite Property Ventures Llc
Seller's Agent
David Greenberg
Rose Properties
Buyer's Agent
David Greenberg
Rose Properties
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Butalia Sonita
Bought by
Butalia Sonita

Purchase Details

Closed on
Aug 8, 2013
Sold by
Butalia 2006 Revocable Trust
Bought by
Butalia Sonita

Purchase Details

Closed on
Apr 18, 2006
Sold by
Butalia Judy A
Bought by
Butalia Judine Ann and Butalia 2006 Revocable Trust
Source: Public Records

Range of Values:

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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
Xcite Property Ventures Llc $900,000 Ticor Title Company
Butalia Sonita -- None Available
Butalia Judine Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butalia Judy A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $900,000 -18.2% $523 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $1,100,000 +22.2% $639 / Sq Ft
06/19/2021 06/19/21 Off Market $900,000 -- --
05/13/2021 05/13/21 For Sale $1,199,000 -- $697 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,653 $955,086 $859,578 $95,508
2024 $11,653 $936,360 $842,724 $93,636
2023 $11,433 $918,000 $826,200 $91,800
2022 $10,911 $900,000 $810,000 $90,000
2021 $3,565 $275,856 $239,963 $35,893
2019 $3,465 $267,676 $232,847 $34,829
2018 $3,348 $262,429 $228,282 $34,147
2016 $3,190 $252,240 $219,418 $32,822
2015 $3,146 $248,452 $216,123 $32,329
2014 $3,176 $243,586 $211,890 $31,696
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Greenberg

    Rose Properties

    (818) 782-7284

    2 in this area

    8 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21102477

California Regional Multiple Listing Service (CRMLS)

APN: 5155-032-004

California Los Angeles County Los Angeles 90057 Westlake

2519 W 4th St, Los Angeles, CA

This home is located at 2519 W 4th St, Los Angeles, CA 90057 since 13 May 2021 and is currently estimated at $1,028,122, approximately $597 per square foot. This property was built in 1939. 2519 W 4th St is a home located in Los Angeles County with nearby schools including Charles White Elementary School, John H. Liechty Middle School, and Belmont 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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