NOT LISTED FOR SALE

4016 W 22nd Place Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $835,000 - $1,068,000

2 Beds
2 Baths
1,792 Sq Ft
$545/Sq Ft Est. Value

Last Sold February 12, 2014

Last sale price $335,000 $187 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $5,806/month

5 Days on Market

About This Home

As of February 2014

Amazing deal in the heart of the city. Priced for a quick close. There will be 1 unit vacant at the close of escrow. The last tenant was paying $1300 and they were in the unit for 20 years, approx. $15,000 of upgrades will be needed. Please call to schedule a showing.

Last Agent to Sell the Property

Matthew Inglizian

Marcus & Millichap License #01439048 Listed on: 01/22/2014

Last Buyer's Agent

Richard H Parrot

Coldwell Banker Realty License #01390971

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,805

Year Built

  • Built in 1923

Lot Details

  • 5,997

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,997 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5060-011-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,805

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1792
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 195.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Expense: 2000.00

Fee Information

  • Insurance Expense: 806.00

Lot Info

  • Assessed Improvement Value: 55071
  • Assessed Land Value: 62672
  • Assessor Parcel Number: 5060-011-024
  • Geocode Override: No
  • Lot Size Area: 5997

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.59
  • Number Of Units: 2
  • Total Annual Expense: 10945
  • Type Of Units: 1 Bed 1 Bath
  • Vacancy Rate: 50%

Tax Info

  • Tax Expense: 4550.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2015
Sold by
1031 Funding & Reverse Corp
Bought by
Edgar Thomas D
Current Estimated Value
$948,556

Purchase Details

Listed on
Jan 22, 2014
Closed on
Feb 4, 2014
Sold by
Orange Lester Ann
Bought by
1031 Funding & Reverse Corp
Seller's Agent
Matthew Inglizian
Marcus & Millichap
Buyer's Agent
Richard H Parrot
Coldwell Banker Realty
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Source: Public Records

Range of Values:

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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
Edgar Thomas D -- None Available
1031 Funding & Reverse Corp $335,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orange Lester Ann $204,000
Previous Owner Orange Lester Ann $50,000
Previous Owner Orange Lester Ann $220,700
Previous Owner Enriquez Francisco $120,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2014 02/12/14 Sold $335,000 -4.3% $187 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $350,000 -- $195 / 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 $6,805 $548,091 $329,092 $218,999
2024 $6,805 $537,345 $322,640 $214,705
2023 $6,681 $526,810 $316,314 $210,496
2022 $6,381 $516,481 $310,112 $206,369
2021 $6,295 $506,355 $304,032 $202,323
2019 $6,112 $491,338 $295,015 $196,323
2018 $6,009 $481,705 $289,231 $192,474
2016 $4,355 $346,903 $243,350 $103,553
2015 $4,293 $341,693 $239,695 $101,998
2014 $1,709 $120,642 $64,215 $56,427
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew Inglizian

    Marcus & Millichap

  • Richard H Parrot

    Buyer's Agent in 2014

    Richard H Parrot

    Coldwell Banker Realty

    (310) 968-1952

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Map

Source: The MLS

MLS Number: 14-731203

The MLS

APN: 5060-011-024

California Los Angeles County Los Angeles 90018 Arlington Heights

4016 W 22nd Place, Los Angeles, CA

This home is located at 4016 W 22nd Place, Los Angeles, CA 90018 since 22 January 2014 and is currently estimated at $975,752, approximately $544 per square foot. This property was built in 1923. 4016 W 22nd Place is a home located in Los Angeles County with nearby schools including Arlington Heights Elementary School, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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