NOT LISTED FOR SALE

Estimated Value: $2,999,000 - $3,437,000

6 Beds
8 Baths
4,800 Sq Ft
$665/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $2,935,000 $611 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $19,756/month

90 Days on Market

Highlights

  • Newly Remodeled
  • City Lights View
  • Wood Flooring
  • Rooftop Deck
  • Fireplace in Primary Bedroom
  • 5-minute walk to Robert L Burns Park

About This Home

As of June 2023

We are pleased to present 407 N Norton Ave, a stunning modern property built in 2015, located in the heart of Los Angeles, CA 90004. This multi-family home offers a luxurious living experience, with each unit featuring private backyards and private rooftop decks that span the entire length of the building.The spacious and contemporary design of the property ensures that each unit is flooded with natural light and offers a comfortable and stylish living space. The rooftop decks offer breathtaking 360-degree views of the surrounding neighborhood, making it the perfect place to relax and enjoy the beautiful Los Angeles skyline.The property's location is unbeatable, offering easy access to some of the best neighborhoods in the city, including Hancock Park, Larchmont Village, and the Paramount Studios. With its convenient location, residents can enjoy an abundance of shopping, dining, and entertainment options right at their doorstep.Overall, 407 N Norton Ave offers a unique and unparalleled living experience in one of the most desirable neighborhoods in Los Angeles.

Last Agent to Sell the Property

Glenn Brander

Miller & Desatnik Realty Co. License #01020228 Listed on: 02/27/2023

Last Buyer's Agent

Bruce Walker

Rodeo Realty License #00981766

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,445

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 3,990 Sq Ft Lot
  • Lot Dimensions are 42x95

Parking

  • 4 Car Direct Access Garage
  • Driveway

Property Views

  • Skyline
  • Hills

Interior Spaces

  • 4,800 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Den with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 8 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Rooftop Deck
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5522-025-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,445

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4800
  • Lot Acreage: 0.0916
  • Lot Dimensions: 42x95
  • Property Condition: New Construction
  • Stories: 4
  • Year Built: 2015
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Bath, Den, Master Bedroom, Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Laundry: Garage
  • Total Bathrooms: 8.00
  • Equipment: Alarm System, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 623.96

Exterior Features

  • Other Structures: None
  • Patio: Roof Top Deck
  • View: Hills, City Lights, City, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Direct Entrance, Garage - 2 Car, Driveway, Covered Parking
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5522-025-002
  • Lot Size Area: 3990

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.82
  • Number Of Units: 2
  • Type Of Units: Townhomes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 22, 2023
Sold by
Lim Donald Dongchul and Younga Elizabeth
Bought by
Hudson Paul C and Sykes Brenda
Seller's Agent
Glenn Brander
Miller & Desatnik Realty Co.
Buyer's Agent
Bruce Walker
Rodeo Realty
List Price
$3,175,000
Sold Price
$2,935,000
Premium/Discount to List
-$240,000
-7.56%
Views
148
Current Estimated Value
$3,194,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,269
Avg. Annual Appreciation
3.57%
Original Mortgage
$2,348,000
Outstanding Balance
$2,315,905
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$878,364

Purchase Details

Listed on
Oct 24, 2019
Closed on
Feb 14, 2020
Sold by
Calco Property Investments Llc
Bought by
Lim Donald Dongchul and Lim Elizabeth Youngan
Seller's Agent
Sharlotte Blake
Keller Williams Larchmont
Buyer's Agent
Gloria Park
Estate Finance & Realty
List Price
$2,595,000
Sold Price
$2,570,000
Premium/Discount to List
-$25,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$980,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Los Angeles Land Investment Corp
Bought by
Calco Property Investments Llc

Purchase Details

Listed on
Oct 9, 2015
Closed on
Dec 14, 2015
Sold by
West Coast Home Buyers Aj Llc
Bought by
Los Angeles Land Investment Corp
Seller's Agent
Tom Scrocco
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Sajdak Robert
Bought by
West Coast Home Buyers Aj Llc and Laurel Summit Group Llc

Purchase Details

Closed on
Dec 24, 1997
Sold by
Sajdak Robert T and The Robert T Sajdak Trust
Bought by
Sajdak Robert

Purchase Details

Closed on
Dec 16, 1997
Sold by
Sajdak Robert
Bought by
Sadjak Robert

Purchase Details

Closed on
Apr 9, 1997
Sold by
Yorke Philip T
Bought by
Sajdak Robert
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
Hudson Paul C $2,935,000 Old Republic Title Company
Hudson Paul C $2,935,000 Old Republic Title Company
Lim Donald Dongchul $2,570,000 First American Title
Lim Donald Dongchul $2,570,000 First American Title
Calco Property Investments Llc -- None Available
Calco Property Investments Llc -- None Available
Los Angeles Land Investment Corp $2,550,000 Progressive
Los Angeles Land Investment Corp $2,550,000 Progressive
West Coast Home Buyers Aj Llc $570,005 Progressive
West Coast Home Buyers Aj Llc $570,005 Progressive
Sajdak Robert -- First Southwestern Title Co
Sajdak Robert -- First Southwestern Title Co
Sadjak Robert -- First Southwestern Title Co
Sadjak Robert -- First Southwestern Title Co
Sajdak Robert $138,000 Old Republic Title
Sajdak Robert $138,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Paul C $2,348,000
Previous Owner Lim Donald Dongchul $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $2,935,000 -2.0% $611 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $2,995,000 -5.7% $624 / Sq Ft
02/27/2023 02/27/23 For Sale $3,175,000 0.0% $661 / Sq Ft
01/15/2021 01/15/21 Rented $6,500 -4.4% --
12/10/2020 12/10/20 For Rent $6,800 0.0% --
03/13/2020 03/13/20 Sold $2,570,000 -1.0% $535 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $2,595,000 +1.8% $541 / Sq Ft
12/17/2015 12/17/15 Sold $2,550,000 -1.9% $487 / Sq Ft View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $2,600,000 -- $497 / 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 $36,445 $3,053,574 $2,013,174 $1,040,400
2024 $36,445 $2,993,700 $1,973,700 $1,020,000
2023 $32,936 $2,701,527 $2,102,356 $599,171
2022 $31,398 $2,648,557 $2,061,134 $587,423
2021 $31,005 $2,596,625 $2,020,720 $575,905
2020 $33,610 $2,760,201 $1,932,141 $828,060
2019 $32,261 $2,706,080 $1,894,256 $811,824
2018 $32,125 $2,653,020 $1,857,114 $795,906
2016 $30,714 $2,550,000 $1,785,000 $765,000
2015 $7,070 $581,387 $465,110 $116,277
2014 $2,386 $183,330 $146,670 $36,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-246425

The MLS

APN: 5522-025-002