SOLD OCT 23, 2018
RENTED NOV 15, 2024
4124 Monroe St Los Angeles, CA 90029
East Hollywood Neighborhood
8
Beds
7
Baths
4,605
Sq Ft
10,866
Sq Ft Lot
About This Home
As of October 2018The perfect investment in one of the hottest areas in LA! With a monthly income of $10,473, this is a solid income property that is easy to maintain; wonderful tenants, great management company, no headaches! Most of the units have been remodeled with in-unit laundry and building is in great condition (copper plumbing, newer roof, etc.). This one story, 7-unit apartment building is located on one of the most 'up and coming' sections Sliver Lake. With all the development happening downtown, the preparations for the Olympics and the new football stadium being built, this section of Los Angeles has the potential for substantial growth.
Last Agent to Sell the Property
Christie's International Real Estate SoCal License #01843002 Listed on: 08/13/2018
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,137
Year Built
- Built in 1948
Lot Details
- 10,866 Sq Ft Lot
Interior Spaces
- 4,605 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- 7 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 5539-017-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2024
Sold by
Arnold Pomerantz Revocable Trust
Bought by
David Fertik Revocable Trust and Fertik
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
$960,000
Outstanding Balance
$948,649
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,665,596
Purchase Details
Listed on
Aug 13, 2018
Closed on
Sep 7, 2018
Sold by
Jnh Holdings Llc
Bought by
Fertik David and The David Fertik Revocable Tru
Seller's Agent
yawar charlie
Christie's International Real Estate SoCal
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,799,000
Sold Price
$1,820,000
Premium/Discount to List
$21,000
1.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,025,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 2014
Sold by
Matts Investments Llc
Bought by
Jnh Holdings Llc
Purchase Details
Closed on
Oct 6, 1998
Sold by
Yoshida Mitsuye
Bought by
Yoshida Mitsuye and Mitsuye Yoshida Trust
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $1,820,000 | First American Title Company | |
| Grant Deed | $1,260,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $960,000 | New Conventional | |
| Previous Owner | $1,025,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Rented | $2,295 | 0.0% | -- |
| 11/12/2024 11/12/24 | Price Changed | $2,295 | -4.2% | $3 / Sq Ft |
| 11/01/2024 11/01/24 | For Rent | $2,395 | 0.0% | -- |
| 10/23/2018 10/23/18 | Sold | $1,820,000 | +1.2% | $395 / Sq Ft |
| 08/13/2018 08/13/18 | For Sale | $1,799,000 | 0.0% | $391 / Sq Ft |
| 11/29/2017 11/29/17 | Rented | $1,650 | +3.1% | -- |
| 11/21/2017 11/21/17 | Under Contract | -- | -- | -- |
| 11/17/2017 11/17/17 | Price Changed | $1,600 | +1.6% | $2 / Sq Ft |
| 11/15/2017 11/15/17 | For Rent | $1,575 | -- | -- |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $25,137 | $1,990,431 | $1,203,008 | $787,423 |
| 2023 | $24,663 | $1,951,404 | $1,179,420 | $771,984 |
| 2022 | $23,546 | $1,913,143 | $1,156,295 | $756,848 |
| 2021 | $23,256 | $1,875,631 | $1,133,623 | $742,008 |
| 2020 | $23,498 | $1,857,400 | $1,122,000 | $735,400 |
| 2019 | $22,591 | $1,821,000 | $1,100,000 | $721,000 |
| 2018 | $16,917 | $1,331,892 | $950,638 | $381,254 |
| 2016 | $16,127 | $1,279,215 | $913,725 | $365,490 |
| 2015 | $15,900 | $1,260,000 | $900,000 | $360,000 |
| 2014 | $11,633 | $877,903 | $470,305 | $407,598 |
Source: Public Records
Agents Affiliated with this Home
-
Kali Lamarine
K
Seller's Agent in 2024
Kali Lamarine
LA Lux Property Management Inc
(818) 275-4809
-
yawar charlie
Seller's Agent in 2018
yawar charlie
Christie's International Real Estate SoCal
(323) 547-8900
1 in this area
75 Total Sales
-
Karen Sanchez
Seller Co-Listing Agent in 2018
Karen Sanchez
Pacific Sotheby's International Realty
(323) 383-3753
14 Total Sales
-
S
Buyer's Agent in 2018
Subscriber Non
Non-Participant Office
-
Patrick Petersen
Buyer's Agent in 2017
Patrick Petersen
Reservoir Partners
(925) 980-8792
10 Total Sales
Map
Source: The MLS
MLS Number: 18-375800
APN: 5539-017-006
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