Seller's Agent in 2017
Alex Valenzuela
Keller Williams SELA
(562) 244-8783
26 Total Sales
4051 S Hoover St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $986,000 - $1,721,000
10
Beds
4
Baths
3,256
Sq Ft
$448/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Wrought Iron Fence
- Wall Furnace
- Corner Lot
- Energy-Efficient Windows
About This Home
As of April 2017Fully Renovated Four (4) Unit Income Property near USC! All four units have been completely remodeled including building exterior. This property is located walking distance from the Los Angeles Coliseum (1 block), the California Science Center / Exposition Park, Metro Light Rail and USC. All Units have new energy efficient windows, new flooring, new plumbing including main sewer line, new cabinets and countertops in kitchens and bathrooms. New owner should enjoy very low maintenance for years to come. Building #1 has 2 units divided top and bottom with separate access. Each unit is approximately 818sf with 3 bedrooms and 1 bathroom. Building #2 has 2 units divided top and bottom with also separate access and each unit is approximately 720sf with 2 bedrooms and 1 bathroom. This property also offers a large lot that is gated which can park up to 8+ cars comfortably. Currently there are 2 units that are currently rented, one in each building. This is a great income property for any investor.
Last Agent to Sell the Property
Keller Williams SELA License #01216170 Listed on: 11/11/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,496
Year Built
- Built in 1947
Lot Details
- 6,341 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Corner Lot
Home Design
- Property Attached
Interior Spaces
- 3,256 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Assigned Parking
Utilities
- Wall Furnace
- Standard Electricity
Additional Features
- Energy-Efficient Windows
- Urban Location
Listing and Financial Details
- Tax Lot 88
- Assessor Parcel Number 5019002019
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $3,900
- Water Sewer Expense $5,100
- New Taxes Expense $13,200
- Operating Expense $25,200
- Gross Income $41,700
- Net Operating Income $58,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2021
Sold by
4057 South Hoover Llc
Bought by
Hagen Garrett and Hagen Dominique
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,300
Outstanding Balance
$848,357
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$609,772
Purchase Details
Closed on
May 17, 2019
Sold by
Hagen Garrett R and Hagen Dominique Nicole
Bought by
4057 South Hoover Llc
Purchase Details
Closed on
Feb 7, 2017
Sold by
Insource West Properties Inc
Bought by
Hagen Garrett R and Aguon Dominique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2016
Sold by
Fannie Mae
Bought by
Insource West Properties Inc
Purchase Details
Closed on
Apr 5, 2010
Sold by
Barahona Miguel Angel
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 10, 2007
Sold by
Barahona Miguel Angel
Bought by
Barahona Miguel Angel and Ortiz Mercedez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 3, 2007
Sold by
Bonilla Blanca L
Bought by
Barahona Miguel Angel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 28, 2003
Sold by
Asencio Teresa
Bought by
Bonilla Blanca L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.13%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 18, 2003
Sold by
Villalta Maribel Delcarmen
Bought by
Asencio Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.13%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 14, 2003
Sold by
Bonilla Transito A
Bought by
Bonilla Blanca L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.13%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 18, 1997
Sold by
Miller John Charles
Bought by
Asencio Francisco and Asencio Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,144
Interest Rate
7.98%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 11, 1997
Sold by
Federal National Mortgage Association
Bought by
Miller John Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,144
Interest Rate
7.98%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 24, 1996
Sold by
Miranda Romulo A and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hagen Garrett | -- | First American Title Ins Co | |
| 4057 South Hoover Llc | -- | Wfg National Title Co Of Ca | |
| Hagen Garrett R | $945,000 | Wfg National Title Co Of Ca | |
| Insource West Properties Inc | $352,000 | Lawyers Title | |
| Federal National Mortgage Association | $635,187 | Landsafe | |
| Barahona Miguel Angel | -- | Accommodation | |
| Barahona Miguel Angel | $700,000 | First American Title | |
| Bonilla Blanca L | $360,000 | Orange Coast Title | |
| Asencio Teresa | -- | -- | |
| Bonilla Blanca L | -- | Orange Coast Title | |
| Asencio Francisco | $255,000 | First American | |
| Miller John Charles | $125,000 | Chicago Title Co | |
| Federal National Mortgage Association | $160,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hagen Garrett | $350,000 | |
| Open | Hagen Garrett | $926,300 | |
| Previous Owner | Hagen Garrett | $0 | |
| Previous Owner | Hagen Garrett R | $945,000 | |
| Previous Owner | Barahona Miguel Angel | $140,000 | |
| Previous Owner | Barahona Miguel Angel | $560,000 | |
| Previous Owner | Bonilla Blanca L | $490,000 | |
| Previous Owner | Bonilla Blanca L | $397,500 | |
| Previous Owner | Bonilla Blanca L | $40,000 | |
| Previous Owner | Asencio Teresa | $72,000 | |
| Previous Owner | Bonilla Blanca L | $288,000 | |
| Previous Owner | Asencio Teresa | $72,000 | |
| Previous Owner | Asencio Francisco | $242,630 | |
| Previous Owner | Asencio Francisco | $245,144 | |
| Previous Owner | Miller John Charles | $122,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2017 04/27/17 | Sold | $945,000 | 0.0% | $290 / Sq Ft |
| 01/27/2017 01/27/17 | Pending | -- | -- | -- |
| 01/13/2017 01/13/17 | For Sale | $945,000 | 0.0% | $290 / Sq Ft |
| 12/23/2016 12/23/16 | Pending | -- | -- | -- |
| 12/22/2016 12/22/16 | Off Market | $945,000 | -- | -- |
| 11/25/2016 11/25/16 | Price Changed | $945,000 | -14.1% | $290 / Sq Ft |
| 11/11/2016 11/11/16 | For Sale | $1,100,000 | -- | $338 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,496 | $1,096,743 | $877,398 | $219,345 |
| 2024 | $13,496 | $1,075,240 | $860,195 | $215,045 |
| 2023 | $13,244 | $1,054,158 | $843,329 | $210,829 |
| 2022 | $12,643 | $1,033,490 | $826,794 | $206,696 |
| 2021 | $12,477 | $1,013,227 | $810,583 | $202,644 |
| 2020 | $12,601 | $1,002,839 | $802,272 | $200,567 |
| 2019 | $12,111 | $983,177 | $786,542 | $196,635 |
| 2018 | $11,963 | $963,900 | $771,120 | $192,780 |
| 2017 | $6,884 | $540,600 | $387,600 | $153,000 |
| 2016 | $4,157 | $316,213 | $207,175 | $109,038 |
| 2015 | $4,101 | $311,465 | $204,064 | $107,401 |
| 2014 | $4,142 | $305,365 | $200,067 | $105,298 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW16745493
APN: 5019-002-019
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