NOT LISTED FOR SALE

3688 4th Ave Unit 3688-3690 Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $881,000 - $1,183,448

4 Beds
3 Baths
1,586 Sq Ft
$660/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $800,000 $504 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,570/month

40 Days on Market

About This Home

As of October 2020

GREAT OPPORTUNITY! These turn-key remodeled units in a prime location of LA - VERY close proximity to USC, shopping centers, 10 FWY, 110 FWY. 3688 Unit is 2 Bed/2 Bath the other Unit 3690 is 2 Bed/ 1 Bath with ample parking. One shared wall with units. Don't miss this great opportunity. Units will be Delivered VACANT. Back On Market, No fault to Seller.

Last Agent to Sell the Property

Maria Sarmiento

Keller Williams Sierra Madre License #01837686 Listed on: 07/15/2020

Keller Williams Sierra Madre

Last Buyer's Agent

Tobiah Paik

1st Platinum Realty License #02051221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,442

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,610

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Gated Parking

Additional Features

  • 5,610 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5042-006-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,442

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Building Permit: No
  • Living Area: 1586
  • Lot Acreage: 0.1288
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 503.78

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 39.53
  • Assessed Improvement Value: 173400
  • Assessed Land Percent: 60.47
  • Assessed Land Value: 265200
  • Total Assessed Value: 438600
  • Assessor Parcel Number: 5042-006-024
  • Lot Size Area: 5610

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 67000.00
  • Number Of Units: 2
  • Total Annual Expense: 6000
  • Type Of Units: Attached
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 21, 2020
Sold by
Javian Omid M and Bamdad Babak
Bought by
Warfield Brian Keith
Seller's Agent
Maria Sarmiento
Keller Williams Sierra Madre
Buyer's Agent
Tobiah Paik
1st Platinum Realty
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,046,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,112
Avg. Annual Appreciation
5.31%
Original Mortgage
$765,160
Outstanding Balance
$680,884
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$346,363

Purchase Details

Closed on
May 15, 2020
Sold by
Javaherian Omid M and Javian Omid M
Bought by
Javaherian Omid M and Bamdad Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2018
Sold by
Fannie Mae
Bought by
Javian Omid M and Bamdad Babak

Purchase Details

Closed on
Apr 30, 2018
Sold by
Kohanoff Sharona
Bought by
Javian Omid M

Purchase Details

Closed on
Apr 26, 2018
Sold by
Bamdad Aleyn
Bought by
Bamdad Babak

Purchase Details

Closed on
Apr 26, 2016
Sold by
Alexander Stephen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 2003
Sold by
Alvarez Marco A and Alvarez Rosa E
Bought by
Alexander Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,850
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1994
Sold by
Alvarez Marco A
Bought by
Alvarez Rosa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warfield Brian Keith $800,000 Wfg National Title Company
Javaherian Omid M -- First Priority Escrow Inc
Javian Omid M $525,000 Provident Title
Javian Omid M -- Provident Title
Bamdad Babak -- Provident Title
Federal National Mortgage Association $394,900 None Available
Alexander Stephen $345,000 Commonwealth Land Title Co
Alvarez Rosa E -- Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warfield Brian Keith $765,160
Previous Owner Javaherian Omid M $495,000
Previous Owner Alexander Stephen $15,500
Previous Owner Alexander Stephen $17,760
Previous Owner Alexander Stephen $448,000
Previous Owner Alexander Stephen $347,850
Previous Owner Alvarez Marco A $216,000
Previous Owner Alvarez Rosa E $70,000
Previous Owner Alvarez Rosa E $111,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $800,000 +0.1% $504 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $799,000 0.0% $504 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $799,000 -- $504 / Sq Ft
Source: The MLS

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 $10,442 $865,945 $541,216 $324,729
2024 $10,442 $848,966 $530,604 $318,362
2023 $10,244 $832,320 $520,200 $312,120
2022 $9,773 $816,000 $510,000 $306,000
2021 $9,731 $800,000 $500,000 $300,000
2020 $6,882 $546,210 $358,938 $187,272
2019 $6,615 $535,500 $351,900 $183,600
2018 $5,572 $447,372 $270,504 $176,868
2016 $5,053 $414,352 $360,310 $54,042
2015 $4,979 $408,129 $354,898 $53,231
2014 $5,007 $400,136 $347,947 $52,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-604622

The MLS

APN: 5042-006-024