NOT LISTED FOR SALE

3917 S Van Ness Ave Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $730,000 - $901,969

2 Beds
2 Baths
1,600 Sq Ft
$512/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $285,000 $178 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $4,712/month

148 Days on Market

About This Home

As of August 2014

This is a standard sale, no waiting for short sale approval. This charming two unit duplex is in move in condition. The units come with long term tenants with unit 3919 being month to month and 3917 lease expires in March of this year. Units have separate gas and electric meters.

Last Agent to Sell the Property

Jerol Crawford

Jerold Crawford License #01331482 Listed on: 06/01/2014

Last Buyer's Agent

Mel Thornton

The Thornton Group License #01348068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,141

Year Built

  • Built in 1923

Lot Details

  • 5,511 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 260
  • Tax Tract Number 4463
  • Assessor Parcel Number 5035003020

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $50
  • Water Sewer Expense $65
  • New Taxes Expense $365
  • Gross Income $1,748
  • Net Operating Income $1,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,141

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 65.00
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 5035003020
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 178.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5511.00
  • Lot Size Acres: 0.1270

Multi Family

  • Gross Income: 1748.00
  • Gross Scheduled Income: 1748.00
  • Insurance Expense: 50.00
  • Lot Size Area: 5511.0000 Square Feet
  • Net Operating Income: 1535.00
  • 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: 213.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 365.00
  • Taxes Percent: 1.25
  • Tax Lot: 260
  • Tax Tract Number: 4463
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Jun 26, 2014
Sold by
Beaver Gisele Suzanne
Bought by
Middleton Jonathan and Middleton Sylvia
Seller's Agent
Jerol Crawford
Jerold Crawford
Buyer's Agent
Mel Thornton
The Thornton Group
List Price
$350,000
Sold Price
$285,000
Premium/Discount to List
-$65,000
-18.57%
Current Estimated Value
$786,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,360
Avg. Annual Appreciation
10.04%
Original Mortgage
$213,750
Outstanding Balance
$163,045
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$656,697

Purchase Details

Closed on
Jul 15, 2005
Sold by
Beaver Gisele Suzanne and Beaver Joe
Bought by
The Gisele Suzanne Beaver & Joe Beaver R
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
Middleton Jonathan $285,000 Orange Coast Title
The Gisele Suzanne Beaver & Joe Beaver R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Middleton Jonathan $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $285,000 -18.6% $178 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $350,000 -- $219 / 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 $5,141 $406,619 $240,367 $166,252
2024 $5,141 $398,647 $235,654 $162,993
2023 $5,049 $390,832 $231,034 $159,798
2022 $4,826 $383,169 $226,504 $156,665
2021 $4,045 $316,437 $222,063 $94,374
2019 $3,930 $307,054 $215,478 $91,576
2018 $3,826 $301,034 $211,253 $89,781
2016 $3,650 $289,346 $203,050 $86,296
2015 $3,599 $285,000 $200,000 $85,000
2014 $587 $30,151 $15,572 $14,579
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jerol Crawford

    Jerold Crawford

    (310) 542-0551

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Mel Thornton

    The Thornton Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN14019307

California Regional Multiple Listing Service (CRMLS)

APN: 5035-003-020

California Los Angeles County Los Angeles 90008 Exposition Park

3917 S Van Ness Ave, Los Angeles, CA

This home is located at 3917 S Van Ness Ave, Los Angeles, CA 90062 since 01 June 2014 and is currently estimated at $819,742, approximately $512 per square foot. This property was built in 1923. 3917 S Van Ness Ave is a home located in Los Angeles County with nearby schools including Tom Bradley Global Awareness Magnet School, Audubon Middle School, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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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.

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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