NOT LISTED FOR SALE

4231 Van Horne Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $965,000 - $1,087,000

6 Beds
6 Baths
2,880 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $675,000 $234 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,303/month

8 Days on Market

Highlights

  • Outdoor Grill
  • Abraham Lincoln High School Rated A
  • 4-minute walk to Guardia Park

About This Home

As of March 2019

Great El Sereno 3 unit rental property, 3 clean units with small parking lot in front for 6 cars, cute front/side yard, and area in back for BBQ. Back yard slopes up and is undeveloped. Established tenants. Long time owner looking to pass off to next owner or great opportunity to own one unit and rent the others.

Last Agent to Sell the Property

Bill Gross

eXp Realty of California Inc License #01022275 Listed on: 01/17/2019

eXp Realty of California Inc

Last Buyer's Agent

Ariel Reza-Gonzalez

License #00876944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,429

Year Built

  • Built in 1973

Lot Details

  • 8,781

Home Design

  • 2,880 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • On-Street Parking

Additional Features

  • Outdoor Grill
  • 8,781 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5307-019-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,429

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2880
  • Year Built: 1973
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 225.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Above Street Level
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Electric Expense: 1440.00

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 3492.00
  • Management Expense: 4190.00

Lot Info

  • Assessed Improvement Value: 78560
  • Assessed Land Value: 16031
  • Assessor Parcel Number: 5307-019-012
  • Geocode Override: No
  • Lot Size Area: 8781

Rental Info

  • Total Actual Rent: 44998.00

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.03
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 26043
  • Type Of Units: 3
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 8125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 19, 2019
Sold by
Hernandez Dolores R
Bought by
Gonzalez Ariel
Seller's Agent
Bill Gross
eXp Realty of California Inc
Buyer's Agent
Ariel Reza-Gonzalez
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$1,014,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,465
Avg. Annual Appreciation
6.30%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Degonzalez Perla
Bought by
Gonzalez Ariel

Purchase Details

Closed on
Jun 8, 2010
Sold by
Hernandez Peter L and Hernandez Delores R
Bought by
Hernandez Peter L and Hernandez Delores R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Gonzalez Ariel $675,000 Lawyers Title Co
Gonzalez Ariel -- None Available
Hernandez Peter L -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Ariel $297,000
Closed Gonzalez Ariel $300,000
Previous Owner Hernandez Peter L $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $675,000 +3.8% $234 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $650,000 -- $226 / 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 $9,429 $752,971 $446,205 $306,766
2024 $9,429 $738,207 $437,456 $300,751
2023 $9,253 $723,733 $428,879 $294,854
2022 $8,835 $709,543 $420,470 $289,073
2021 $8,719 $695,631 $412,226 $283,405
2019 $1,695 $98,411 $16,678 $81,733
2018 $1,564 $96,482 $16,351 $80,131
2016 $1,469 $92,737 $15,717 $77,020
2015 $1,453 $91,345 $15,481 $75,864
2014 $1,479 $89,556 $15,178 $74,378
Source: Public Records

Agents Affiliated with this Home

  • Bill Gross

    Seller's Agent in 2019

    Bill Gross

    eXp Realty of California Inc

    (310) 210-0008

    65 Total Sales

    Bill Gross
    Section Image

  • A

    Buyer's Agent in 2019

    Ariel Reza-Gonzalez

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Map

Source: The MLS

MLS Number: 19-425800

The MLS

APN: 5307-019-012

California Los Angeles County Los Angeles 90032 El Sereno

4231 Van Horne Ave, Los Angeles, CA

This home is located at 4231 Van Horne Ave, Los Angeles, CA 90032 since 17 January 2019 and is currently estimated at $1,014,465, approximately $352 per square foot. This property was built in 1973. 4231 Van Horne Ave is a home located in Los Angeles County with nearby schools including El Sereno Elementary School, El Sereno Middle School, and Abraham Lincoln High School.

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