M
Seller's Agent in 2023
Michael Gomez
Golden Feather Investments, Inc
(562) 806-5267
1 in this area
6 Total Sales
3205 E 4th St Los Angeles, CA 90063
Boyle Heights NeighborhoodEstimated Value: $823,000 - $1,014,000
4
Beds
4
Baths
1,775
Sq Ft
$520/Sq Ft
Est. Value
About This Home
As of June 2023Attention All Buyers!!! Welcome to the charming one of kind property on 4th St in the heart of Los Angeles, CA. This property is a fully remodeled quadruplex sitting on a huge lot consisting of 4,958 square feet. The four units is comprised of (1) Two Bedroom One Bath apartment, (2) One Bedroom One Bath apartments, and (1) Studio apartment. Very close to retail shops and restaurants surrounding the neighborhood. Quick and easy accessibility to the 60, 710, and 5 freeways. The property has gone through some major renovations including upgraded electrical, new gas meters, new vinyl flooring throughout, new dual pane windows installed, exterior and interior freshly painted, new wood fence in front of property, new sliding gate/fence installed for back entrance, new insulation installed, water heaters brought up to code, mini-split unit installed, new granite countertops, new kitchen appliances installed, foundation rebuilt, new roof and new toilets installed. There is a substantial amount of value here at this property!
This is a once in a lifetime opportunity to own four (4) units in the city of Los Angeles! A perfect situation for a family or individual to purchase this property as an owner user while receiving income from the remainder units. This property may be your first home buyer purchase! Also ideal for an investor to own and hold for the cash flow or a developer who wants to get creative with a project in a city where housing is in demand!
Last Agent to Sell the Property
Golden Feather Investments, Inc License #02112209 Listed on: 03/29/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 4,958 Sq Ft Lot
- Two or More Common Walls
- Garden
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- 1,775 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Assessor Parcel Number 5179011002
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Park
- Dog Park
Building Details
- 1 Leased Unit
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $684
- Trash Expense $568
- Water Sewer Expense $868
- Operating Expense $2,120
- Gross Income $66,836
- Net Operating Income $66,836
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2023
Sold by
Goldstar Enterprises Inc
Bought by
Deleon Victor Perez and Arenas Mitzi Marilyn
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,476
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 4, 2019
Sold by
Zamora Erika Gonzalez
Bought by
Goldstar Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.4%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deleon Victor Perez | $865,000 | Chicago Title Company | |
| Goldstar Enterprises Inc | $400,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Deleon Victor Perez | $754,476 | |
| Previous Owner | Goldstar Enterprises Inc | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $865,000 | -1.6% | $487 / Sq Ft | |
| 04/25/2023 04/25/23 | Price Changed | $879,000 | +3.5% | $495 / Sq Ft | |
| 03/29/2023 03/29/23 | For Sale | $849,000 | +112.3% | $478 / Sq Ft | |
| 10/18/2019 10/18/19 | Sold | $400,000 | -19.8% | $225 / Sq Ft | View Prior Sale |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- | |
| 11/25/2018 11/25/18 | For Sale | $499,000 | 0.0% | $281 / Sq Ft | |
| 07/12/2018 07/12/18 | Pending | -- | -- | -- | |
| 06/07/2018 06/07/18 | For Sale | $499,000 | +24.8% | $281 / Sq Ft | |
| 03/31/2018 03/31/18 | Off Market | $400,000 | -- | -- | |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- | |
| 12/08/2017 12/08/17 | For Sale | $499,000 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,972 | $899,946 | $561,816 | $338,130 |
| 2024 | $10,972 | $882,300 | $550,800 | $331,500 |
| 2023 | $5,431 | $420,470 | $315,353 | $105,117 |
| 2022 | $5,186 | $412,226 | $309,170 | $103,056 |
| 2021 | $5,118 | $404,144 | $303,108 | $101,036 |
| 2020 | $5,165 | $400,000 | $300,000 | $100,000 |
| 2019 | $1,268 | $76,884 | $42,642 | $34,242 |
| 2018 | $1,169 | $75,377 | $41,806 | $33,571 |
| 2016 | $1,101 | $72,452 | $40,184 | $32,268 |
| 2015 | $1,088 | $71,365 | $39,581 | $31,784 |
| 2014 | $1,112 | $69,968 | $38,806 | $31,162 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gomez
-
Jesse Colón
Buyer's Agent in 2023
Jesse Colón
The R.R. Network
(562) 547-2564
2 in this area
32 Total Sales
-
Victor Palacios
Seller's Agent in 2019
Victor Palacios
Star Realty of Southern California
(562) 923-6900
2 in this area
67 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23051669
APN: 5179-011-002
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.
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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