NOT LISTED FOR SALE

4248 Gateway Ave Los Angeles, CA 90029

Estimated Value: $1,175,000 - $1,653,000

2 Beds
2 Baths
1,680 Sq Ft
$837/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $960,000 $571 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,781/month

19 Days on Market

Highlights

  • 4 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property
  • John Marshall Senior High Rated A

About This Home

As of December 2016

Immaculate Silver Lake duplex on a corner lot to be delivered without tenants! Boasting two mirror image floor plans, both tastefully updated. Charming entry ways on both Bates and Gateway lend a feeling of privacy and separation for these 1 bedroom, 1 bath homes. The light drenched open-plan living spaces allow for modern, easy living with wood floors, recessed lighting and freshly updated kitchens leading to a redwood deck. Each kitchen features new cabinets, stainless steel appliances, and ample storage and counter space to craft a meal and entertain with friends. Rounding out each home is an on-trend bathroom and spacious bedroom with generous closet space. Both units also feature central heat/air, tankless water heaters, dishwashers, updated plumbing, and a large driveway with 2 car detached garage. All of this on a quiet street convenient to Silver Lake favorites Malo, Dinosaur Coffee, El Cid and all that Sunset Junction has to offer.

Last Agent to Sell the Property

Eugene Ridenour

Compass License #01352359 Listed on: 10/13/2016

Compass

Co-Listed By

Courtney N Smith

Compass License #01406768

Last Buyer's Agent

David Makabi

Keller Williams Los Angeles License #01901978

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,462

Year Built

  • Built in 1922

Lot Details

  • 5,662

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Car Attached Garage
  • Driveway

Additional Features

  • 5,662 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5429-004-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,462

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Immaculate Silver Lake duplex on a corner lot to be delivered without tenants! Boasting two mirror image floor plans, both tastefully updated. Charming entry ways on both Bates and Gateway lend a feeling of privacy and separation for these 1 bedroom, 1 bath homes. The light drenched open-plan living spaces allow for modern, easy living with wood floors, recessed lighting and freshly updated kitchens leading to a redwood deck. Each kitchen features new cabinets, stainless steel appliances, and ample storage and counter space to craft a meal and entertain with friends. Rounding out each home is an on-trend bathroom and spacious bedroom with generous closet space. Both units also feature central heat/air, tankless water heaters, dishwashers, updated plumbing, and a large driveway with 2 car detached garage. All of this on a quiet street convenient to Silver Lake favorites Malo, Dinosaur Coffee, El Cid and all that Sunset Junction has to offer.
  • Living Area: 1680
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 535.12

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 280629
  • Assessed Land Value: 424568
  • Assessor Parcel Number: 5429-004-015
  • Geocode Override: No
  • Lot Size Area: 5662

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 3, 2016
Sold by
Mackintosh Andrew C
Bought by
Sanchez Alexandra Lara
Seller's Agent
Eugene Ridenour
Compass
Buyer's Agent
David Makabi
Keller Williams Los Angeles
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%
Current Estimated Value
$1,405,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,618
Avg. Annual Appreciation
4.35%
Original Mortgage
$768,000
Outstanding Balance
$621,779
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$770,449

Purchase Details

Listed on
Mar 12, 2014
Closed on
Mar 25, 2014
Sold by
Flatt Mary Ann Alcantar
Bought by
Mackintosh Andrew C and Mackintosh Liza
Seller's Agent
Darren Hubert
Real Broker
Buyer's Agent
Eugene Ridenour
Compass
List Price
$599,000
Sold Price
$681,000
Premium/Discount to List
$82,000
13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$533,850
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Acuna Luis F and Acuna Rebecca
Bought by
Acuna Luis F

Purchase Details

Closed on
Jun 24, 1995
Sold by
Acuna Rebecca
Bought by
Acuna Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

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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
Sanchez Alexandra Lara $960,000 Lawyers Title
Mackintosh Andrew C $681,000 Lawyers Title
Acuna Luis F -- None Available
Acuna Luis F -- Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Alexandra Lara $768,000
Previous Owner Mackintosh Andrew C $530,000
Previous Owner Mackintosh Andrew C $533,850
Previous Owner Acuna Luis F $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $960,000 +6.8% $571 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $899,000 +32.0% $535 / Sq Ft
04/22/2014 04/22/14 Sold $681,000 +13.7% $405 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $599,000 -- $357 / 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 $13,462 $1,114,155 $835,618 $278,537
2024 $13,462 $1,092,310 $819,234 $273,076
2023 $13,202 $1,070,893 $803,171 $267,722
2022 $12,588 $1,049,896 $787,423 $262,473
2021 $12,435 $1,029,311 $771,984 $257,327
2019 $12,064 $998,784 $749,088 $249,696
2018 $11,961 $979,200 $734,400 $244,800
2016 $8,626 $705,197 $424,568 $280,629
2015 $8,501 $694,605 $418,191 $276,414
2014 $3,931 $310,135 $288,507 $21,628
Source: Public Records

Agents Affiliated with this Home

  • Eugene Ridenour

    Seller's Agent in 2016

    Eugene Ridenour

    Compass

    (323) 855-4380

    7 in this area

    65 Total Sales

    Eugene Ridenour
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Courtney N Smith

    Compass

    Section Image
  • David Makabi

    Buyer's Agent in 2016

    David Makabi

    Keller Williams Los Angeles

    (702) 260-2013

    1 Total Sale

    David Makabi
    Section Image
  • Darren Hubert

    Seller's Agent in 2014

    Darren Hubert

    Real Broker

    (323) 898-2991

    3 in this area

    71 Total Sales

    Darren Hubert
    Section Image
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Map

Source: The MLS

MLS Number: 16-170874

The MLS

APN: 5429-004-015

California Los Angeles County Los Angeles 90029

4248 Gateway Ave, Los Angeles, CA

This home is located at 4248 Gateway Ave, Los Angeles, CA 90029 since 13 October 2016 and is currently estimated at $1,405,618, approximately $836 per square foot. This property was built in 1922. 4248 Gateway Ave is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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