NOT LISTED FOR SALE

4121 Folsom St Los Angeles, CA 90063

Estimated Value: $692,000 - $820,000

4 Beds
2 Baths
1,410 Sq Ft
$533/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $590,000 $418 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,829/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Gated Parking
  • Open Floorplan
  • James A. Garfield Senior High School Rated A
  • Custom Home
  • Property is near a park

About This Home

As of September 2019

Two homes on one lot in the East Los Angeles area. Just 10 minutes from Downtown L.A. Front house features 3 bedrooms, 1 Bath with a good size porch. The front yard is fully paved and can be used as a private parking space. It has been updated with full copper plumbing, New laminate flooring, baseboards, and paint. The back home consists of 1 sizable bedroom and a full bath. It has been remodeled with new energy efficient dual pane windows and new laminate flooring throughout. The exterior has new insulation,construction paper, and wood siding. Between the front and back home, there is a storage room which can be used as a recreational room/ office. This is a great opportunity to have your own income producing property! Two separate structures. It is within walking distance to schools, parks, shopping centers, restaurants, Church, and public transportation. Centrally located by all major freeways, 10, 5, 101, 110, 710, and the 60 fwy.

Last Agent to Sell the Property

ERIK RUIZ

CENTURY 21 REALTY MASTERS License #01916546 Listed on: 08/09/2019

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

SALVADOR ROMO

NEW HAVEN INVESTMENTS INC License #01892836

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,537

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,284 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Security Fence
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Fence is in fair condition
  • Private Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Custom Home
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,410 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Panel Doors
  • Great Room
  • Home Office
  • Workshop
  • Attic Fan

Kitchen

  • Range Hood
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Private Parking
  • Driveway Up Slope From Street
  • Gated Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near a park
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 26
  • Tax Tract Number 5391
  • Assessor Parcel Number 5226043033

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $600
  • Electric Expense $1,020
  • Insurance Expense $1,450
  • Trash Expense $420
  • Water Sewer Expense $1,500
  • New Taxes Expense $6,537
  • Net Operating Income $34,643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,537

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1500.00
  • Zoning: LCR2*
  • Architectural Style: Custom Built
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5226043033
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Attic Fan, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Phone System
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 418.44
  • Room Type: All Bedrooms Down, Great Room, Main Floor Bedroom, Office, Workshop
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Raised, Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Chain Link, Fair Condition, Security, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Driveway Up Slope From Street, Gated, Off Street, On Site, Parking Space, Private
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby, Yard
  • Lot Size Sq Ft: 5284.00
  • Lot Size Acres: 0.1213

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Cable TV Expense: 600.00
  • Electric Expense: 1020.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 5284.0000 Square Feet
  • Net Operating Income: 34642.67
  • 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: 7357.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6537.00
  • Tax Area: 0-932
  • Tax Census Tract: 5310.00
  • Tax Lot: 26
  • Tax Rate: 1.25
  • Tax Tract Number: 5391
  • Tax Annual Amount: 6537.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 20, 2019
Sold by
Rosales Reyes Alexander
Bought by
Gutierrez Jorge A
Seller's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
Buyer's Agent
SALVADOR ROMO
NEW HAVEN INVESTMENTS INC
List Price
$579,000
Sold Price
$590,000
Premium/Discount to List
$11,000
1.9%
Current Estimated Value
$751,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,588
Avg. Annual Appreciation
4.31%
Original Mortgage
$579,313
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jun 24, 2016
Sold by
Anorve Alfonso and Anorve Adalinda
Bought by
Reyes Alexander Rosales
Seller's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
Buyer's Agent
ERIK RUIZ
CENTURY 21 REALTY MASTERS
List Price
$459,000
Sold Price
$465,000
Premium/Discount to List
$6,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$456,577
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2004
Sold by
Carmona Alfonso Omar Anorve and Ulloa Jose De Jusus
Bought by
Anorve Alfonso and Anorve Adalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2003
Sold by
Ulloa Karla Anorve
Bought by
Ulloa Jose Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 20, 2003
Sold by
Rideau Rossana E
Bought by
Dejesus Carmona Alfonso Omar Anorve and Dejesus Ulloa Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 4, 2000
Sold by
Bendana Lorena
Bought by
Rideau Rossana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1997
Sold by
Rojas Efraim
Bought by
Rojas Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.86%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Rojas Emma
Bought by
Bendana Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 8, 1994
Sold by
Medina Abel and Paul Lozano Revocable Trust
Bought by
Bendana Lorena
Source: Public Records

Range of Values:

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Average Value
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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
Gutierrez Jorge A $590,000 Wfg National Title Co Of Ca
Reyes Alexander Rosales $465,000 Wfg National Title Co Of Ca
Anorve Alfonso -- Fidelity National Financial
Ulloa Jose Dejesus -- Old Republic Title Company
Carmona Alfonso Omar Anorve -- Old Republic Title Company
Dejesus Carmona Alfonso Omar Anorve $250,000 Old Republic Title Company
Rideau Rossana E $183,500 --
Rojas Emma -- Chicago Title Co
Bendana Lorena $50,000 Chicago Title Co
Bendana Lorena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Jorge A $572,000
Closed Gutierrez Jorge A $579,313
Previous Owner Reyes Alexander Rosales $456,577
Previous Owner Carmona Alfonso Anorve $89,500
Previous Owner Anorve Alfonso $328,000
Previous Owner Anorve Alfonso $276,000
Previous Owner Carmona Alfonso Omar Anorve $50,000
Previous Owner Dejesus Carmona Alfonso Omar Anorve $200,000
Previous Owner Rideau Rossana E $177,219
Previous Owner Bendana Lorena $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $590,000 +1.9% $418 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $579,000 +24.5% $411 / Sq Ft
07/28/2016 07/28/16 Sold $465,000 +1.3% $330 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
05/28/2016 05/28/16 For Sale $459,000 -- $326 / 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 $8,806 $645,247 $426,520 $218,727
2024 $8,806 $632,596 $418,157 $214,439
2023 $8,489 $620,193 $409,958 $210,235
2022 $8,098 $608,033 $401,920 $206,113
2021 $8,008 $596,112 $394,040 $202,072
2020 $8,069 $590,000 $390,000 $200,000
2019 $6,673 $483,786 $312,120 $171,666
2018 $6,537 $474,300 $306,000 $168,300
2016 $4,547 $308,658 $223,256 $85,402
2015 $4,481 $304,023 $219,903 $84,120
2014 $4,484 $298,069 $215,596 $82,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19181983

California Regional Multiple Listing Service (CRMLS)

APN: 5226-043-033