NOT LISTED FOR SALE

4121 Monroe St Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $895,000 - $3,471,000

7 Beds
6 Baths
3,165 Sq Ft
$783/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $2,900,000 $916 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $16,509/month

91 Days on Market

Highlights

  • Balcony
  • Porch
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A

About This Home

As of September 2022

REDUCED! We are proud to present for sale a fully rehabbed property that includes a Brand New Two Story ADU for a total of Four Spacious Bungalows! The Front House features 3 bedrooms and 2 bathrooms, with an oversized Master Bedroom, two additional bedrooms with a Jack-and-Jill bathroom, and Chef's Kitchen with large island and open living/dining room for entertaining. Two of the units feature 1 bedroom and 1 bathroom while the newly-built two-story Additional Dwelling Unit has 2 bedrooms and 2 bathrooms plus a balcony. Brand new Samsung appliances and top of the line finishes will be found throughout the fourplex. Beautifully renovated and landscaped, truly a GEM in the epicenter of the Silver Lake-adjacent Virgil Village neighborhood. Units have Outdoor Space and On-Site Parking and the benefits that come with being in the heart of Virgil Village! Cross the street to Courage Bagels for breakfast, visit Sqirl for a tasty brunch or lunch, enjoy a lovely dinner at Melody's (with its great patio, perfect for enjoying the Wine Bar), pick up supplies at Rick's Produce, head just a few blocks north to the new Erewhon Market, or with a hop and a skip visit the happening area nightlife! Half a mile away is the Vermont/Santa Monica Metro Subway Station, that can open up the whole city to your tenants without relying on a car! For tenants with cars, six or seven cars can be parked on site. 3 of the 4 units rented!

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 06/07/2022

Keller Williams Beverly Hills

Co-Listed By

Jordan Rubinstein

Century Park Realty, Inc. License #01736033

Last Buyer's Agent

Nick Fichera

Figure 8 Realty License #01932217

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,403

Year Built

  • Built in 1921

Lot Details

  • 9,304 Sq Ft Lot
  • Property is zoned RD1.5-1XL

Interior Spaces

  • 3,165 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5539-014-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,403

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Floor: 1
  • Living Area: 3165
  • Lot Acreage: 0.2154
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Equipment: Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 939.97

Exterior Features

  • Other Structures: Other
  • Patio: Porch, Balcony
  • Paved: Yes

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 26.65
  • Assessed Improvement Value: 63980
  • Assessed Land Percent: 73.35
  • Assessed Land Value: 176078
  • Total Assessed Value: 240058
  • Assessor Parcel Number: 5539-014-019
  • Lot Size Area: 9304

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.49
  • Number Of Units: 4
  • Rent Control: 75
  • Total Annual Expense: 50481
  • Type Of Units: Flat & 2 Flr
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 27, 2022
Sold by
Virgil Monroe Lp
Bought by
4121 Monroe Llc
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Nick Fichera
Figure 8 Realty
List Price
$3,100,000
Sold Price
$2,900,000
Premium/Discount to List
-$200,000
-6.45%
Views
2
Current Estimated Value
$2,477,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$422,184
Avg. Annual Appreciation
-6.11%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Macalma Nicolas C and Macalma Maximina V
Bought by
Virgil Monroe Lp

Purchase Details

Closed on
May 25, 2011
Sold by
Macalma Nicolas and Macalma Maximina
Bought by
Macalma Nicolas C and Macalma Maximina V
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
4121 Monroe Llc $2,900,000 Clearmark Title
Virgil Monroe Lp $950,000 Equity Title Los Angeles
Macalma Nicolas C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macalma Nicolas C $250,000
Previous Owner Macalma Nicolas $180,000
Previous Owner Macalma Nicolas $88,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $2,900,000 -2.5% $916 / Sq Ft
07/26/2022 07/26/22 Price Changed $2,975,000 -4.0% $940 / Sq Ft
06/07/2022 06/07/22 For Sale $3,100,000 +226.3% $979 / Sq Ft
01/22/2021 01/22/21 Sold $950,000 -20.8% $419 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $1,199,000 -- $529 / 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 $36,403 $3,017,160 $2,184,840 $832,320
2024 $36,403 $2,958,000 $2,142,000 $816,000
2023 $35,698 $2,900,000 $2,100,000 $800,000
2022 $12,203 $969,000 $678,300 $290,700
2021 $3,713 $240,058 $176,078 $63,980
2020 $3,740 $237,597 $174,273 $63,324
2019 $3,624 $232,939 $170,856 $62,083
2018 $3,462 $228,372 $167,506 $60,866
2016 $3,263 $219,505 $161,002 $58,503
2015 $3,224 $216,209 $158,584 $57,625
2014 $3,255 $211,975 $155,478 $56,497
Source: Public Records

Agents Affiliated with this Home

  • Dario Svidler

    Seller's Agent in 2022

    Dario Svidler

    Keller Williams Beverly Hills

    (424) 600-7633

    10 in this area

    56 Total Sales

    Dario Svidler
    Section Image
  • Jordan Rubinstein

    Seller Co-Listing Agent in 2022

    Jordan Rubinstein

    Century Park Realty, Inc.

    (310) 435-3926

    2 in this area

    34 Total Sales

    Jordan Rubinstein
    Section Image
  • Nick Fichera

    Buyer's Agent in 2022

    Nick Fichera

    Figure 8 Realty

    (630) 460-0820

    1 in this area

    14 Total Sales

    Nick Fichera
    Section Image

  • Y

    Seller's Agent in 2021

    Yolanda Querubin

    Coldwell Banker Realty

    1 in this area

    9 Total Sales

    Yolanda Querubin
    Section Image
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Map

Source: The MLS

MLS Number: 22-165397

The MLS

APN: 5539-014-019

California Los Angeles County Los Angeles 90029 East Hollywood

4121 Monroe St, Los Angeles, CA

This home is located at 4121 Monroe St, Los Angeles, CA 90029 since 07 June 2022 and is currently estimated at $2,477,816, approximately $782 per square foot. This property was built in 1921. 4121 Monroe St is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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