NOT LISTED FOR SALE

420 Wheeling Way Los Angeles, CA 90042

Montecito Heights Neighborhood

Estimated Value: $1,141,000 - $1,255,295

5 Beds
2 Baths
1,872 Sq Ft
$629/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $550,000 $294 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,319/month

52 Days on Market

About This Home

As of January 2016

Attractive two story duplex with all its original charm. Located in a highly sought after location of Highland Park just few blocks to South Pasadena. Easy access to the FWY. Large flat lot with plenty of front and rear parking with large carports. Upper unit offers city view. See private remarks for showing instructions.

Last Agent to Sell the Property

Mario Silva

Las Casas Realty, Inc. License #00782751 Listed on: 10/19/2015

Last Buyer's Agent

Mario Silva

Las Casas Realty, Inc. License #00782751 Listed on: 10/19/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,103

Year Built

  • Built in 1925

Lot Details

  • 5,604

Home Design

  • Duplex

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Detached Carport Space

Additional Features

  • 5,604 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5301-009-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,103

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1872
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 304.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 8

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 83882
  • Assessed Land Value: 158668
  • Assessor Parcel Number: 5301-009-012
  • Geocode Override: No
  • Lot Size Area: 5604

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.32
  • Number Of Units: 2
  • Total Annual Expense: 1200
  • Type Of Units: Duplex
  • Vacancy Rate: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 15, 2015
Sold by
Jimenez Martin and Jimenez Maria
Bought by
Henne Laura
Seller's Agent
Mario Silva
Las Casas Realty, Inc.
Buyer's Agent
Mario Silva
Las Casas Realty, Inc.
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%
Current Estimated Value
$1,187,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$637,799
Avg. Annual Appreciation
8.31%
Original Mortgage
$412,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Jimenez Martin and Jimenez Maria
Bought by
Jimenez Martin and Jimenez Maria

Purchase Details

Closed on
May 12, 1999
Sold by
Lagunas Martin J
Bought by
Lagunas Martin Jimenez and Cortez Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Henne Laura $550,000 Pacific Coast Title Company
Jimenez Martin -- --
Lagunas Martin Jimenez -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henne Laura $721,000
Closed Henne Laura $412,500
Previous Owner Jimenez Martin $59,652
Previous Owner Jimenez Martin $100,000
Previous Owner Jimenez Martin $90,000
Previous Owner Lagunas Martin Jimenez $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $550,000 -3.5% $294 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $570,000 -- $304 / 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 $9,103 $746,830 $423,796 $323,034
2024 $9,103 $732,187 $415,487 $316,700
2023 $8,929 $717,832 $407,341 $310,491
2022 $8,517 $703,757 $399,354 $304,403
2021 $8,405 $689,959 $391,524 $298,435
2019 $8,155 $669,496 $379,912 $289,584
2018 $8,031 $656,369 $372,463 $283,906
2017 $7,387 $561,000 $365,160 $195,840
2016 $3,059 $246,248 $161,087 $85,161
2015 $3,016 $242,550 $158,668 $83,882
2014 $3,036 $237,799 $155,560 $82,239
Source: Public Records

Agents Affiliated with this Home

  • Mario Silva

    Seller's Agent in 2016

    Mario Silva

    Las Casas Realty, Inc.

    (213) 445-0583

    1 Total Sale

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Map

Source: The MLS

MLS Number: 15-952185

The MLS

APN: 5301-009-012

California Los Angeles County Los Angeles 90042 Montecito Heights

420 Wheeling Way, Los Angeles, CA

This home is located at 420 Wheeling Way, Los Angeles, CA 90042 since 19 October 2015 and is currently estimated at $1,177,074, approximately $628 per square foot. This property was built in 1925. 420 Wheeling Way is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Luther Burbank Middle School, and Benjamin Franklin High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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