NOT LISTED FOR SALE

4244 Folsom St Los Angeles, CA 90063

Estimated Value: $658,000 - $781,034

4 Beds
2 Baths
1,248 Sq Ft
$581/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $565,000 $453 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,565/month

2 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • James A. Garfield Senior High School Rated A
  • Level Lot

About This Home

As of July 2019

Great Duplex in high demand area! Located in the unincorporated area of East Los Angeles, (You must verify this information). This duplex is situated on a 5,585 sq ft lot with plenty of room to possibly expand the size of the units. Check with city/county. There is a detached two car garage that is divided into two garages, one for each unit. You better hurry on this one, It will not last!!!

Last Agent to Sell the Property

PATRICIA PIKE

COLDWELL BANKER TOWN & COUNTRY License #01221780 Listed on: 06/11/2019

COLDWELL BANKER TOWN & COUNTRY

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,453

Year Built

  • Built in 1958

Lot Details

  • 5,585 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,248 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4607
  • Assessor Parcel Number 5225024006

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,453

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LCR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5225024006
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 452.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Level, Yard
  • Lot Size Sq Ft: 5585.00
  • Lot Size Acres: 0.1282

Rental Info

  • Tenant Pays: Other

Multi Family

  • Average2 Bed Area: 624 Square Feet
  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 5585.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5310.00
  • Tax Lot: 5
  • Tax Tract Number: 4607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jul 2, 2019
Sold by
Perez Robert and Perez Trust
Bought by
Hernandez Michelle and Hernandez Edward
Seller's Agent
PATRICIA PIKE
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$535,000
Sold Price
$565,000
Premium/Discount to List
$30,000
5.61%
Current Estimated Value
$724,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,509
Avg. Annual Appreciation
4.48%
Original Mortgage
$423,750
Interest Rate
4%
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
Hernandez Michelle $565,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Michelle $453,000
Closed Hernandez Michelle $423,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $565,000 +5.6% $453 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $535,000 -- $429 / 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 $8,453 $617,906 $370,744 $247,162
2024 $8,453 $605,791 $363,475 $242,316
2023 $8,142 $593,914 $356,349 $237,565
2022 $7,766 $582,269 $349,362 $232,907
2021 $7,681 $570,853 $342,512 $228,341
2020 $7,739 $565,000 $339,000 $226,000
2019 $1,568 $45,215 $15,790 $29,425
2018 $1,487 $44,330 $15,481 $28,849
2016 $1,427 $42,611 $14,881 $27,730
2015 $1,412 $41,972 $14,658 $27,314
2014 $1,421 $41,150 $14,371 $26,779
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    PATRICIA PIKE

    COLDWELL BANKER TOWN & COUNTRY

    (626) 290-6768

    16 Total Sales

    PATRICIA PIKE
    Section Image
  • Rick Cheng

    Buyer's Agent in 2019

    Rick Cheng

    Coldwell Banker Realty

    (626) 315-1771

    2 in this area

    43 Total Sales

    Rick Cheng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19137367

California Regional Multiple Listing Service (CRMLS)

APN: 5225-024-006

California Los Angeles County Los Angeles 90063

4244 Folsom St, Los Angeles, CA

This home is located at 4244 Folsom St, Los Angeles, CA 90063 since 11 June 2019 and is currently estimated at $724,509, approximately $580 per square foot. This property was built in 1958. 4244 Folsom St is a home located in Los Angeles County with nearby schools including William R. Anton Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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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