NOT LISTED FOR SALE

4236 Burns Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,809,438 - $1,812,000

6 Beds
6 Baths
3,384 Sq Ft
$535/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $1,185,000 $350 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,966/month

38 Days on Market

Highlights

  • Bungalow
  • 6 Car Garage
  • 1-Story Property
  • John Marshall Senior High Rated A

About This Home

As of May 2017

Burns Avenue Bungalows are located in the heart of the bustling Virgil Village Neighborhood. Virgil Village is becoming one of the hottest places in LA to live as residents continue to flow in from surrounding neighborhoods including Silver Lake, Hollywood, Koreatown and Los Feliz neighborhoods. Centrally located, residents are just minutes from many major employment hubs and within walking distance of trendy restaurants, bars and shops.

Last Agent to Sell the Property

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 02/14/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Grace Lee

Mega Realty License #01294485

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 9,564

Parking

  • 6 Car Garage

Home Design

  • Bungalow

Interior Spaces

  • 3,384 Sq Ft Home
  • 1-Story Property

Additional Features

  • 9,564 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 6 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5539-012-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

9,564 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 3384
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 383.87

Exterior Features

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

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Heating: Radiant

Lot Info

  • Assessor Parcel Number: 5539-012-007
  • Geocode Override: No
  • Lot Size Area: 9564

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 16.64
  • Number Of Units: 6
  • Type Of Units: 6 Bungalows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 2, 2017
Sold by
4236 Burns Llc
Bought by
Slv Holdings Llc
Seller's Agent
Zac Freehling
Keller Williams Beverly Hills
Buyer's Agent
Grace Lee
Mega Realty
List Price
$1,299,000
Sold Price
$1,185,000
Premium/Discount to List
-$114,000
-8.78%
Current Estimated Value
$1,810,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,719
Avg. Annual Appreciation
4.90%
Original Mortgage
$615,000
Outstanding Balance
$513,261
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$1,297,458

Purchase Details

Closed on
Aug 23, 2016
Sold by
Gonzales Maria Fernanda D and The Maria Fernanda D Gonzales
Bought by
4236 Burns Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2013
Sold by
Gonzalez Maria Consuelo D
Bought by
Gonzalez Maria Consuelo D and Consuelo D Gonzalez Trust

Purchase Details

Closed on
Nov 1, 2012
Sold by
Gonzales Fernanda D and Gonzales Maria Fernanda D
Bought by
Gonzales Maria Fernanda D and Maria Fernanda D Gonzales Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Slv Holdings Llc $1,185,000 First American Title Company
4236 Burns Llc $930,000 Chicago Title Company
San Pedro Maria Mercedes Gonzales -- Chicago Title Company
Gonzalez Maria Consuelo D -- None Available
Gonzales Maria Fernanda D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slv Holdings Llc $615,000
Previous Owner 4236 Burns Llc $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $1,185,000 -8.8% $350 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $1,299,000 -- $384 / Sq Ft
Source: The MLS

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 $17,297 $1,375,287 $696,348 $678,939
2024 $17,297 $1,348,322 $682,695 $665,627
2023 $16,976 $1,321,885 $669,309 $652,576
2022 $16,218 $1,295,967 $656,186 $639,781
2021 $16,019 $1,270,557 $643,320 $627,237
2020 $16,175 $1,258,820 $636,724 $622,096
2019 $15,560 $1,234,164 $624,240 $609,924
2018 $15,343 $1,209,990 $612,000 $597,990
2016 $1,947 $97,411 $43,020 $54,391
2015 $1,930 $95,948 $42,374 $53,574
2014 $1,979 $94,069 $41,544 $52,525
Source: Public Records

Agents Affiliated with this Home

  • Zac Freehling

    Seller's Agent in 2017

    Zac Freehling

    Keller Williams Beverly Hills

    (310) 829-3939

    22 Total Sales

    Zac Freehling
    Section Image

  • G

    Buyer's Agent in 2017

    Grace Lee

    RE/MAX

    (213) 321-2468

    8 Total Sales

    Grace Lee
    Section Image
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Map

Source: The MLS

MLS Number: 17-202520

The MLS

APN: 5539-012-007

California Los Angeles County Los Angeles 90029 East Hollywood

4236 Burns Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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