NOT LISTED FOR SALE

291 S Hillview Ave Los Angeles, CA 90022

Estimated Value: $850,000 - $1,243,878

4 Beds
4 Baths
2,509 Sq Ft
$417/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $1,055,000 $420 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,506/month

29 Days on Market

Highlights

  • Dual Staircase
  • Robert Hill Lane Elementary School Rated 9+
  • Spanish Architecture

About This Home

As of December 2021

This charming Spanish style quadruplex (4 unit) all 1-bedroom 1-bathroom units. Large windows fill each unit with plenty of natural sunlight.Hardwood floors, Each unit has its own curve appeal .Private driveway to 4 covered 2-car garages in rear , next to large backyard. Situated on a tree-lined residential street in an extremely walkable neighborhood with schools and parks, and close to a multitude of shops and restaurants . Convenient access to the 60, 5, and 710 freeways. This is truly a pride of ownership building!.

Last Agent to Sell the Property

Irma Velasquez

Century 21 LOTUS License #01495972 Listed on: 09/29/2021

Century 21 LOTUS

Last Buyer's Agent

Mario Molina Jr

Century 21 Allstars License #01985692

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,345

Year Built

  • Built in 1948

Lot Details

  • 6,657 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 2,509 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 74
  • Tax Tract Number 4777
  • Assessor Parcel Number 5249029007

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $49
  • Water Sewer Expense $3,600
  • Operating Expense $4,188
  • Gross Income $49,920
  • Net Operating Income $49,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,345

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: 3232730234
  • Other Phone Description: 323-273-0234
  • Other Phone Number: 3232730234
  • Price Per Unit: 287500
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: LCR4YY
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5249029007
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 420.49

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6657.00
  • Lot Size Acres: 0.1528

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49920.00
  • Gross Scheduled Income: 4160.00
  • Insurance Expense: 49.00
  • Lot Size Area: 6657.0000 Square Feet
  • Net Operating Income: 49920.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4188.00
  • Rent Control: Yes
  • Total Actual Rent: 4160.00
  • Total Expenses: 4188.00

Tax Info

  • Tax Census Tract: 5303.01
  • Tax Lot: 74
  • Tax Tract Number: 4777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 11, 2021
Sold by
Dorado David William and Dorado Irene Florence
Bought by
Molina Investment Inc
Seller's Agent
Irma Velasquez
Century 21 LOTUS
Buyer's Agent
Mario Molina Jr
Century 21 Allstars
List Price
$1,150,000
Sold Price
$1,055,000
Premium/Discount to List
-$95,000
-8.26%
Current Estimated Value
$1,137,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,407
Avg. Annual Appreciation
-0.20%
Original Mortgage
$750,000
Outstanding Balance
$691,037
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$356,183

Purchase Details

Closed on
Jan 15, 2004
Sold by
Dorado David William and Dorado Irene Florence
Bought by
Dorado David William
Source: Public Records

Range of Values:

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Average Value
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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
Molina Investment Inc $1,055,000 Wfg National Title Company
Dorado David William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Investment Inc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $1,055,000 -8.3% $420 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,150,000 +9.0% $458 / Sq Ft
10/13/2021 10/13/21 Off Market $1,055,000 -- --
09/29/2021 09/29/21 For Sale $1,150,000 -- $458 / 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 $15,345 $1,119,573 $636,724 $482,849
2024 $15,345 $1,097,622 $624,240 $473,382
2023 $14,750 $1,076,100 $612,000 $464,100
2022 $14,074 $1,055,000 $600,000 $455,000
2021 $2,815 $77,468 $29,935 $47,533
2019 $2,768 $75,173 $29,049 $46,124
2018 $2,658 $73,700 $28,480 $45,220
2016 $2,556 $70,840 $27,375 $43,465
2015 $2,529 $69,777 $26,964 $42,813
2014 $2,546 $68,411 $26,436 $41,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21216015

California Regional Multiple Listing Service (CRMLS)

APN: 5249-029-007