4205 Mercury Ave Los Angeles, CA 90032
Montecito Heights NeighborhoodEstimated payment $8,715/month
Highlights
- City Lights View
- Contemporary Architecture
- Air Conditioning
- Abraham Lincoln High School Rated A
- No HOA
- Ceramic Tile Flooring
About This Home
"Brand New Construction" in Montecito Heights. 2 detached homes and JADU on one lot. Separate addresses and utilities. Front house, 4205 Mercury Ave., 1650 +/- sq feet. Brand new construction. Featuring 3bd 2.5 ba. Open floor-plan. Entertainers delight. Gourmet kitchen with island sitting. Bar counters with glass cabinets. From living room, access to the outdoor deck. Multiple view decks for outdoor entertainment. Rented for 4,090.00. 4205 1/2 Mercury Ave., was the existing back house. View galore. about 1000 Square feet. Featuring, 2 storey, 2bd 2.5ba, Totally 100% remodeled in 2024. Brand new kitchen, plumbing, bathrooms, electrical, roof, windows, water heater, doors, flooring, central air/heat, electric panel and much, much more. Private outdoor patio with panoramic views. Rented for $3,075.00. 4205 1/4 is studio. about 300 +/- square feet. Rented 1,975.00. The property is located in the Montecito Heights area. It's LA's up and coming neighborhood. California living at its finest. Close to Fwy, DTLA & Pasadena. ALL tenants are Section 8 tenant. Rents are on time and guaranteed. FOR THE OWNER OCCUPANCY buyers, the 4205 lease terminates on 4/8/2025 and 4205 1/2 lease terminates on 5/8/2025. The rents are at PREMIUM and ACTUAL. You can also use the supplemental rent income for loan qualification.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,995
Year Built
- Built in 2024
Lot Details
- 4,424 Sq Ft Lot
- Property is zoned LAR1
Property Views
- City Lights
- Canyon
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 2,940 Sq Ft Home
- 2-Story Property
Kitchen
- Microwave
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Laundry
- Laundry in unit
- Gas Dryer Hookup
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Air Conditioning
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5304-032-006
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,995 | $729,740 | $334,654 | $395,086 |
| 2024 | $8,995 | $715,433 | $328,093 | $387,340 |
| 2023 | $4,460 | $348,464 | $321,660 | $26,804 |
| 2022 | $4,256 | $341,632 | $315,353 | $26,279 |
| 2021 | $4,963 | $334,934 | $309,170 | $25,764 |
| 2019 | $4,079 | $325,000 | $300,000 | $25,000 |
| 2018 | $697 | $51,340 | $51,340 | $0 |
| 2016 | $667 | $49,348 | $49,348 | $0 |
| 2015 | $658 | $48,607 | $48,607 | $0 |
| 2014 | $661 | $47,655 | $47,655 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Price Changed | $1,495,000 | 0.0% | $509 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $1,495,000 | -6.3% | $509 / Sq Ft |
| 10/24/2024 10/24/24 | For Sale | $1,595,000 | 0.0% | $543 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $1,595,000 | 0.0% | $543 / Sq Ft |
| 04/10/2024 04/10/24 | Rented | $4,097 | -9.0% | -- |
| 02/21/2024 02/21/24 | For Rent | $4,500 | 0.0% | -- |
| 11/27/2018 11/27/18 | Sold | $325,000 | 0.0% | -- |
| 10/28/2018 10/28/18 | Pending | -- | -- | -- |
| 10/18/2017 10/18/17 | For Sale | $325,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $325,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $934,500 | New Conventional | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $243,750 | New Conventional |
Source: The MLS
MLS Number: 24-456625
APN: 5304-032-006
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