NOT LISTED FOR SALE

4021 3rd Ave Los Angeles, CA 90008

Leimert Park Neighborhood

Estimated Value: $786,000 - $961,000

4 Beds
3 Baths
1,352 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $538,000 $398 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,362/month

1 Day on Market

Highlights

  • Guest House
  • Peek-A-Boo Views
  • Wood Flooring
  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Private Yard

About This Home

As of October 2015

Remodeled detached Duplex in highly sought after Leimert Park.

Last Agent to Sell the Property

Alberto Garcia

Realty Network License #01750839 Listed on: 08/12/2015

Last Buyer's Agent

Alberto Garcia

Realty Network License #01750839 Listed on: 08/12/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Fence is in average condition
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • Double Pane Windows
  • Tinted Windows
  • Peek-A-Boo Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot
  • Guest House

Utilities

  • Wall Furnace
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 274
  • Tax Tract Number 809
  • Assessor Parcel Number 5034015023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,750
  • Gross Income $1,200
  • Net Operating Income $5,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5034015023
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: One
  • Price Per Square Foot: 397.93
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows, Tinted Windows

Exterior Features

  • Direction Faces: East
  • Foundation: FHA Approved
  • Other Structures: Guest House, Two On A Lot
  • Exterior Features: Satellite Dish
  • View: Peek-A-Boo
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 5200.00
  • Price Per Lot Square Foot: 103.46
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 5450.00
  • 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: 8950.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6750.00
  • Tax Lot: 274
  • Tax Tract Number: 809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 22, 2015
Sold by
Garcia Antonio Salvador and Garcia Martha Ruth
Bought by
Sanchez Arias Dony and Sanchez Arias Alicia
Seller's Agent
Alberto Garcia
Realty Network
Buyer's Agent
Alberto Garcia
Realty Network
List Price
$540,000
Sold Price
$538,000
Premium/Discount to List
-$2,000
-0.37%
Current Estimated Value
$901,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,995
Avg. Annual Appreciation
5.20%
Original Mortgage
$528,255
Outstanding Balance
$413,783
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$488,212

Purchase Details

Closed on
Nov 12, 2010
Sold by
Garcia Antonio and Garcia Martha
Bought by
Garcia Antonio Salvador and Garcia Martha Ruth

Purchase Details

Closed on
Feb 20, 2002
Sold by
Garcia Antonio and Garcia Marta
Bought by
Garcia Antonio and Garcia Martha

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
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Arias Dony $538,000 Title 365
Garcia Antonio Salvador -- None Available
Garcia Antonio -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Arias Dony $528,255
Previous Owner Garcia Antonio $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $538,000 -0.4% $398 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $540,000 -- $399 / 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 $7,742 $636,876 $473,516 $163,360
2024 $7,742 $624,389 $464,232 $160,157
2023 $7,597 $612,147 $455,130 $157,017
2022 $7,249 $600,145 $446,206 $153,939
2021 $7,155 $588,378 $437,457 $150,921
2020 $7,228 $582,346 $432,972 $149,374
2019 $6,943 $570,929 $424,483 $146,446
2018 $6,899 $559,735 $416,160 $143,575
2016 $6,596 $538,000 $400,000 $138,000
2015 $2,900 $234,819 $205,983 $28,836
2014 $2,922 $230,221 $201,949 $28,272
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alberto Garcia

    Realty Network

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15198748

California Regional Multiple Listing Service (CRMLS)

APN: 5034-015-023

California Los Angeles County Los Angeles 90008 Leimert Park

4021 3rd Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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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.

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