NOT LISTED FOR SALE

4037 San Carlos St Los Angeles, CA 90063

Estimated Value: $928,000 - $1,156,345

5 Beds
4 Baths
2,195 Sq Ft
$479/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $575,000 $262 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,585/month

199 Days on Market

About This Home

As of December 2015

BUYER DID NOT PERFORM. Invest in one of the best kept secrets in Los Angeles! Beautiful NON RENT CONTROLLED fourplex with amazing tenants. Terrific investment, or great for first time homebuyer looking to offset costs with excellent rental income. Plenty of room for storage, community gardens, and your fine furried friend.Boyle Heights/East LA is the Echo Park of the early 1990s. Affordable, eclectic, down to earth and artistic, this is a community where you can have a real neighborhood feel while still being just minutes from Downtown Los Angeles. Cute cafes and art galleries are cropping up all around. RENTS ARE ACTUAL. If it's on the MLS, it's active. We will respond to all inquiries quickly via email. We will collect offers over the next week, and provide showing information to the strongest offers. Email for detailed set up. Look private remarks for more information.

Last Agent to Sell the Property

Fahim Shah

Fahim Shah Realty License #00763453 Listed on: 04/10/2015

Last Buyer's Agent

Fahim Shah

Fahim Shah Realty License #00763453 Listed on: 04/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1910

Lot Details

  • 8,119 Sq Ft Lot

Home Design

  • 2,195 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5233-022-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,242

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2195
  • Year Built: 1910
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 268.79

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 105298
  • Assessed Land Value: 114774
  • Assessor Parcel Number: 5233-022-017
  • Geocode Override: No
  • Lot Size Area: 8119

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.46
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 10979
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2016
Sold by
Truong David
Bought by
Dea Group Llc
Current Estimated Value
$1,051,836

Purchase Details

Listed on
Apr 10, 2015
Closed on
Dec 8, 2015
Sold by
Bunch Kate and Shah Simone S
Bought by
Truong David
Seller's Agent
Fahim Shah
Fahim Shah Realty
Buyer's Agent
Fahim Shah
Fahim Shah Realty
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$412,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2014
Sold by
Bezdek Trevor and Bezdek Jana
Bought by
Bezdek Trevor Zachary and Bezdek Jana Faye Wachsman

Purchase Details

Closed on
Jun 17, 2013
Sold by
Shah Simone S and Shah Simone
Bought by
Shah Simone S and The Simone Shah Trust

Purchase Details

Closed on
Sep 28, 2010
Sold by
Bezdek Jana
Bought by
Bezdek Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Bezdek Jana
Bought by
Bezdek Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2009
Sold by
Lopez Herlindo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 28, 2005
Sold by
Lopez Juan Miguel
Bought by
Lopez Herlindo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
Cotero Jose Luis
Bought by
Lopez Herlindo and Lopez Juan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,933
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1999
Sold by
Prg Investments Inc
Bought by
Cotero Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,933
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1999
Sold by
Renteria Esther G
Bought by
Prg Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,933
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1993
Sold by
Renteria Esther G
Bought by
Renteria Esther G and Renteria Tony J
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
Dea Group Llc -- None Available
Truong David $575,000 Commonwealth Land Title Ins
Bezdek Trevor Zachary -- None Available
Bezdek Trevor -- None Available
Shah Simone S -- None Available
Bezdek Trevor -- Fidelity National Title Co
Bezdek Trevor -- Landsafe Title
Bezdek Trevor $209,000 Landsafe Title
The Bank Of New York Mellon $229,500 Landsafe Title
Lopez Herlindo -- California Counties Title Co
Lopez Herlindo $249,000 Fidelity National Title Co
Cotero Jose Luis $145,000 Orange Coast Title
Prg Investments Inc $129,000 Orange Coast Title
Renteria Esther G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truong David $412,500
Previous Owner Bezdek Trevor $138,500
Previous Owner Bezdek Trevor $135,800
Previous Owner Bezdek Trevor $146,300
Previous Owner Lopez Herlindo $400,000
Previous Owner Lopez Herlindo $340,000
Previous Owner Lopez Herlindo $246,933
Previous Owner Cotero Jose Luis $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $575,000 -2.5% $262 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $590,000 -- $269 / 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 $10,242 $680,678 $443,922 $236,756
2024 $10,242 $667,332 $435,218 $232,114
2023 $9,741 $654,248 $426,685 $227,563
2022 $9,322 $641,420 $418,319 $223,101
2021 $9,219 $628,844 $410,117 $218,727
2020 $9,283 $622,397 $405,912 $216,485
2019 $8,960 $610,194 $397,953 $212,241
2018 $8,796 $598,230 $390,150 $208,080
2016 $8,449 $575,000 $375,000 $200,000
2015 $4,330 $224,468 $117,067 $107,401
2014 $4,344 $220,072 $114,774 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-895287

The MLS

APN: 5233-022-017