NOT LISTED FOR SALE

420 Forest Ave Los Angeles, CA 90033

Estimated Value: $679,000 - $862,000

4 Beds
2 Baths
1,410 Sq Ft
$545/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $535,000 $379 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,747/month

8 Days on Market

About This Home

As of December 2018

Very nice corner lot duplex with 2 Bedrooms and 1 Bath in each unit. Close to downtown Los Angeles. In good condition. Bonus room attached to garage with permit.

Last Agent to Sell the Property

Mona and Yaxkin Bottros

Reaz Realty License #01472751 Listed on: 06/21/2018

Last Buyer's Agent

Daniel Velasquez

Keller Williams Realty Los Feliz License #01767399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,357

Year Built

  • Built in 1917

Lot Details

  • 5,535 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,410 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2037
  • Assessor Parcel Number 5178019029

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $100
  • Water Sewer Expense $120
  • New Taxes Expense $2,726
  • Operating Expense $3,746
  • Gross Income $24,600
  • Net Operating Income $20,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,357

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 949-662-5514
  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5178019029
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 379.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5535.00
  • Lot Size Acres: 0.1271

Multi Family

  • Gross Income: 24600.00
  • Gross Scheduled Income: 24600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5535.0000 Square Feet
  • Net Operating Income: 20854.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3746.00
  • Rent Control: Yes
  • Total Expenses: 3746.00

Tax Info

  • New Taxes Expense: 2726.00
  • Tax Census Tract: 2037.20
  • Tax Lot: 28
  • Tax Tract Number: 2037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 19, 2018
Sold by
Luna Alejandro
Bought by
Rios Daniel and Rios Catalina R
Seller's Agent
Mona and Yaxkin Bottros
Reaz Realty
Buyer's Agent
Daniel Velasquez
Keller Williams Realty Los Feliz
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$758,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,704
Avg. Annual Appreciation
5.56%
Original Mortgage
$454,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ochoa Amy
Bought by
Luna Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1994
Sold by
Martinez Tillie
Bought by
Ochoa Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
5.37%
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
Rios Daniel $535,000 First American Title
Luna Alejandro $165,000 Orange Coast Title
Ochoa Amy $560,454 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Daniel $498,750
Closed Rios Daniel $454,750
Previous Owner Luna Alejandro $100,000
Previous Owner Luna Alejandro $35,446
Previous Owner Luna Alejandro $364,500
Previous Owner Luna Alejandro $252,500
Previous Owner Luna Alejandro $202,746
Previous Owner Luna Alejandro $164,886
Previous Owner Luna Alejandro $162,450
Previous Owner Ochoa Amy $130,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $535,000 -4.5% $379 / Sq Ft
09/18/2018 09/18/18 Price Changed $560,000 +6.7% $397 / Sq Ft
08/10/2018 08/10/18 For Sale $525,000 0.0% $372 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $525,000 -- $372 / 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 $7,357 $596,798 $429,473 $167,325
2024 $7,357 $585,097 $421,052 $164,045
2023 $7,217 $573,626 $412,797 $160,829
2022 $6,886 $562,379 $404,703 $157,676
2021 $6,801 $551,353 $396,768 $154,585
2019 $6,609 $535,000 $385,000 $150,000
2018 $2,786 $214,215 $149,304 $64,911
2016 $2,653 $205,899 $143,507 $62,392
2015 $2,616 $202,807 $141,352 $61,455
2014 $2,638 $198,836 $138,584 $60,252
Source: Public Records

Agents Affiliated with this Home

  • Mona and Yaxkin Bottros

    Seller's Agent in 2018

    Mona and Yaxkin Bottros

    Reaz Realty

    (714) 248-6292

    23 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Daniel Velasquez

    Keller Williams Realty Los Feliz

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18146831

California Regional Multiple Listing Service (CRMLS)

APN: 5178-019-029

California Los Angeles County Los Angeles 90033

420 Forest Ave, Los Angeles, CA

This home is located at 420 Forest Ave, Los Angeles, CA 90033 since 21 June 2018 and is currently estimated at $768,346, approximately $544 per square foot. This property was built in 1917. 420 Forest Ave is a home located in Los Angeles County with nearby schools including Malabar Street Elementary School, Belvedere Middle School, and Theodore Roosevelt High School.

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

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