NOT LISTED FOR SALE

4059 8th Ave Los Angeles, CA 90008

Leimert Park Neighborhood

Estimated Value: $1,115,906 - $1,286,000

4 Beds
4 Baths
3,482 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $590,000 $169 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,047/month

43 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Carpet

About This Home

As of November 2014

Back on the market!!! Buyer did not perform!!!This Fourplex building is located in the prime desired area of Leimert Park. Rare Architectural Gem!!! Fourplex has new roof installed four years ago with partial copper plumbing throughout. Both bottom units are two (2) bedrooms and one (1) bath with their assigned private single car garage. In the second floor with have a studio with one (1) bathroom. Last, the biggest unit is a two (2) bedroom, one (1) bath unit with a 2 car garage. The property has a community laundry that is coin operated. Fourplex sits in a very nice tree lined street, Overall the building is amazing and it is looking for a new owner looking to expand their real estate portfolio!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 10/07/2014

Keller Williams Beverly Hills

Last Buyer's Agent

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 10/07/2014

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,861

Year Built

  • Built in 1950

Lot Details

  • 4,810 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,482 Sq Ft Home
  • Carpet
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 561
  • Tax Tract Number 1
  • Assessor Parcel Number 5023001001

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,350
  • Water Sewer Expense $1,350

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,861

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Parcel Number: 5023001001
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 169.44

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 1350.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4810.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lot Size Area: 4810.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 561
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2018
Sold by
Bowers Eric Lee and Bowers Kimberly Ellette
Bought by
Bowers Investments Inc
Current Estimated Value
$1,194,727

Purchase Details

Listed on
Oct 7, 2014
Closed on
Oct 7, 2014
Sold by
Lee Andrew T
Bought by
Bowers Eric L and Bowers Kirnberle E
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$413,000
Outstanding Balance
$319,591
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$880,276

Purchase Details

Closed on
Jan 14, 2004
Sold by
The Andrew T Lee Revocable Living Trust
Bought by
Lee Ii Andrew T

Purchase Details

Closed on
Sep 21, 1999
Sold by
Lee Andrew T
Bought by
Lee Andrew T and The Andrew T Lee Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowers Investments Inc -- None Available
Bowers Eric L $590,000 Fidelity National Title Co
Lee Ii Andrew T -- --
Lee Andrew T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Eric L $413,000
Previous Owner Lee Ii Andrew T $20,000
Previous Owner Lee Andrew T $50,000
Previous Owner Lee Andrew T $100,000
Previous Owner Lee Andrew T $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $590,000 -1.7% $169 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $600,000 -- $172 / 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 $8,861 $709,083 $468,716 $240,367
2024 $8,861 $695,180 $459,526 $235,654
2023 $8,700 $681,550 $450,516 $231,034
2022 $8,310 $668,187 $441,683 $226,504
2021 $8,191 $655,086 $433,023 $222,063
2019 $7,953 $635,658 $420,180 $215,478
2018 $7,849 $623,195 $411,942 $211,253
2016 $7,482 $598,997 $395,947 $203,050
2015 $7,376 $590,000 $390,000 $200,000
2014 $1,571 $98,154 $35,575 $62,579
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adrian Cafuentes

    Keller Williams Beverly Hills

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14183175

California Regional Multiple Listing Service (CRMLS)

APN: 5023-001-001

California Los Angeles County Los Angeles 90008 Leimert Park

4059 8th Ave, Los Angeles, CA

This home is located at 4059 8th Ave, Los Angeles, CA 90008 since 07 October 2014 and is currently estimated at $1,194,727, approximately $343 per square foot. This property was built in 1950. 4059 8th Ave is a home located in Los Angeles County with nearby schools including Forty-Second Street Elementary School, Audubon Middle School, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes