Seller's Agent in 2018
Ruben Sarinana Jr
Century 21 A Better Service
(562) 881-8431
1 in this area
29 Total Sales
3249 E 4th St Los Angeles, CA 90063
Estimated Value: $1,063,000 - $1,268,000
8
Beds
4
Baths
3,288
Sq Ft
$346/Sq Ft
Est. Value
About This Home
As of December 2018BACK ON THE MARKET!!!! Wonderful QUADRUPLEX investment opportunity in the city of Los Angeles. This property features 4 units on an approx. 4,973 sq ft lot. There is access to this property through alley as well. All are tenant occupied on a Month-to-Month rental agreement.
A well maintained and clean residential income property around Boyle Heights area ….. a vibrant neighborhood in Los Angeles. More people move into in this area every month attracted to its central location and exciting culture. Within minutes of Downtown, LA Live, Major Freeways like 60, 10, 710, 5 and 101. Tenants pay gas and electricity. This property has a potential for upside in rents due to long time tenants.
SELLER WANTS IT SOLD...Submit all offers soon. THESE 4 UNITS WILL NOT LAST!
Only serious Buyers please... send Offer "Subject to Inspection." Let's negotiate, send your Offer today and amazing things can happen!!! Very important, tenant's privacy. DRIVE BY ONLY.
Highly desirable location and huge demand for additional housing in this area. SUBMIT OFFERS TODAY……THIS ONE WILL NOT LAST!!!
Last Agent to Sell the Property
Century 21 A Better Service License #01016100 Listed on: 05/17/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,861
Year Built
- Built in 1963
Lot Details
- 4,973 Sq Ft Lot
- No Common Walls
- No Landscaping
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- 3,288 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Sewer Not Available
Listing and Financial Details
- Tax Lot 69
- Tax Tract Number 2041
- Assessor Parcel Number 5179011023
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $1,850
- Other Expense $50
- Pest Control $624
- Water Sewer Expense $3,300
- New Taxes Expense $9,625
- Operating Expense $17,520
- Gross Income $47,700
- Net Operating Income $36,205
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 10, 2020
Sold by
Ela26 Properties Llc
Bought by
Pezeshkifar Fariborz and Pezeshkifar Mahnaz
Total Days on Market
141
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
$407,000
Outstanding Balance
$362,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$774,555
Purchase Details
Closed on
Feb 21, 2019
Sold by
Pezeshkifar Mahnaz and Pezeshkifar Fariborz
Bought by
Ela26 Properties Llc
Purchase Details
Listed on
May 17, 2018
Closed on
Nov 10, 2018
Sold by
Gurrola Francino Ann
Bought by
Pezeshkifar Fariborz and Pezeshkifar Mahnaz
Seller's Agent
Ruben Sarinana Jr
Century 21 A Better Service
Buyer's Agent
Elvis Huerta
United Real Estate Pacific States
List Price
$769,900
Sold Price
$713,000
Premium/Discount to List
-$56,900
-7.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$400,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 1998
Sold by
Lopez Francisco Z
Bought by
Lopez Josefina R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.01%
Purchase Details
Closed on
Apr 30, 1998
Sold by
Lopez Josefina R
Bought by
Gurrola Francine Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.01%
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 |
|---|---|---|---|
| Pezeshkifar Fariborz | -- | Placer Title Company | |
| Ela26 Properties Llc | -- | None Available | |
| Pezeshkifar Fariborz | $713,000 | Netco Title Company | |
| Lopez Josefina R | -- | Southland Title Corporation | |
| Gurrola Francine Ann | $200,000 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pezeshkifar Fariborz | $407,000 | |
| Previous Owner | Pezeshkifar Fariborz | $400,000 | |
| Previous Owner | Gurrola Francine Ann | $297,500 | |
| Previous Owner | Gurrola Francine Ann | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2018 12/10/18 | Sold | $713,000 | -4.9% | $217 / Sq Ft |
| 11/21/2018 11/21/18 | Price Changed | $749,900 | 0.0% | $228 / Sq Ft |
| 10/05/2018 10/05/18 | Pending | -- | -- | -- |
| 08/30/2018 08/30/18 | Price Changed | $749,900 | -2.6% | $228 / Sq Ft |
| 08/02/2018 08/02/18 | For Sale | $769,900 | 0.0% | $234 / Sq Ft |
| 06/04/2018 06/04/18 | Pending | -- | -- | -- |
| 05/21/2018 05/21/18 | Price Changed | $769,900 | +1.3% | $234 / Sq Ft |
| 05/17/2018 05/17/18 | For Sale | $759,900 | -- | $231 / 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 | $9,861 | $795,361 | $438,397 | $356,964 |
| 2024 | $9,861 | $779,766 | $429,801 | $349,965 |
| 2023 | $9,675 | $764,477 | $421,374 | $343,103 |
| 2022 | $9,234 | $749,488 | $413,112 | $336,376 |
| 2021 | $8,940 | $720,386 | $397,071 | $323,315 |
| 2020 | $9,197 | $727,260 | $400,860 | $326,400 |
| 2019 | $8,842 | $713,000 | $393,000 | $320,000 |
| 2018 | $3,677 | $275,544 | $76,736 | $198,808 |
| 2016 | $3,485 | $264,846 | $73,757 | $191,089 |
| 2015 | $3,438 | $260,869 | $72,650 | $188,219 |
| 2014 | $3,475 | $255,760 | $71,227 | $184,533 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Sarinana Jr
-
Elvis Huerta
Buyer's Agent in 2018
Elvis Huerta
United Real Estate Pacific States
(562) 479-3761
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18116511
APN: 5179-011-023
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