NOT LISTED FOR SALE

2950 E 4th St Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated Value: $2,432,699

1 Bed
2 Baths
1,529 Sq Ft
$1,591/Sq Ft Est. Value

Last Sold November 03, 2014

Last sale price $320,000 $209 Per Sq Ft

Est. 660% increase in value since last sale

Current estimated payment $13,073/month

42 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • No Heating
  • Contemporary Architecture
  • Laundry Room
  • 2-minute walk to Evergreen Recreation Center

About This Home

As of November 2014

Boyle Heights, 2 buildings front is a store, rear is a 1 bedroom 1 bath. Gated driveway with storage room in back of yard. Rear unit has washer/dryer hook ups. Nice porch in front of unit, currently rented. Store in front is currently a bakery/convenience store, and all equipment stays with sales price. Store has license to sell beer and wine, has electric curtain in front for extra security. Right side of store has a billboard that owner gets $100 per month. Business is well established in neighborhood, has been there for over 30 years. Call listing agent for further details.

Last Agent to Sell the Property

Socorro Flores Garcia

DRS Brokers License #00855937 Listed on: 09/12/2014

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,626 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,529 Sq Ft Home
  • Window Screens

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2043
  • Assessor Parcel Number 5185015008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,500
  • Gross Income $1,100
  • Net Operating Income $8,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5185015008
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 209.29
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Foundation: Slab, Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4626.00
  • Lot Size Acres: 0.1060

Multi Family

  • Average1 Bed Area: 825
  • Gross Income: 1100.00
  • Gross Scheduled Income: 13200.00
  • Lot Size Area: 4626.0000 Square Feet
  • Net Operating Income: 8700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 1100.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 8
  • Tax Tract Number: 2043
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2018
Sold by
Amdiak Llc
Bought by
7621 Norton Llc
Current Estimated Value
$2,432,699

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 15, 2014
Sold by
Serna Joaquin and Serna Leticia
Bought by
Amdiak
Seller's Agent
Socorro Flores Garcia
DRS Brokers
Buyer's Agent
Ken Shapiro
Silverwood Properties
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%
Original Mortgage
$240,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2002
Sold by
Baldiviez Dana
Bought by
Baldiviez Mark

Purchase Details

Closed on
Aug 27, 2001
Sold by
Baldiviez Luz E and Baldiviez Mark
Bought by
Serna Joaquin and Serna Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,850
Interest Rate
6.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7621 Norton Llc $1,730,909 None Available
Amdiak -- Old Republic Title Company
Baldiviez Mark -- American Title Co
Baldiviez Mark -- American Title Co
Serna Joaquin $224,500 American Title Co
Serna Joaquin $224,500 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amdiak $240,000
Previous Owner Serna Joaquin $83,850
Closed Serna Joaquin $85,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2014 11/03/14 Sold $320,000 -11.1% $209 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $360,000 -- $235 / 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 $5,296 $418,314 $234,257 $184,057
2024 $5,296 $410,113 $229,664 $180,449
2023 $5,198 $402,072 $225,161 $176,911
2022 $4,964 $394,190 $220,747 $173,443
2021 $4,900 $386,462 $216,419 $170,043
2020 $4,945 $382,500 $214,200 $168,300
2019 $4,758 $375,000 $210,000 $165,000
2018 $4,327 $338,002 $190,126 $147,876
2016 $4,130 $324,880 $182,745 $142,135
2015 $4,072 $320,000 $180,000 $140,000
2014 $3,561 $270,538 $148,224 $122,314
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Socorro Flores Garcia

    DRS Brokers

  • Ken Shapiro

    Buyer's Agent in 2014

    Ken Shapiro

    Silverwood Properties

    (818) 237-6963

    2 in this area

    46 Total Sales

    Ken Shapiro
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR14197434

California Regional Multiple Listing Service (CRMLS)

APN: 5185-015-008

California Los Angeles County Los Angeles 90033 Boyle Heights

2950 E 4th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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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.

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