NOT LISTED FOR SALE

4253 E Olympic Blvd Los Angeles, CA 90023

Estimated Value: $489,000 - $592,236

2 Beds
1 Bath
795 Sq Ft
$672/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $489,000 $615 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,337/month

7 Days on Market

Highlights

  • Main Floor Bedroom
  • Granite Countertops
  • Neighborhood Views
  • James A. Garfield Senior High School Rated A
  • No HOA
  • 4-minute walk to Parque de Los Suenos

About This Home

As of July 2024

Cozy Single Family Home in Los Angeles!

One of the lowest-priced homes in the area! Welcome to this gated 2 bed, 1 bath home with 795 sq ft of living space and an additional bath and room converted in the garage. This property is uniquely zoned LCM1, offering fantastic potential for both residential and light commercial use.

Enter through a long living space, past a charming den, through a dining room, and into a kitchen featuring brand new cabinetry, countertops, subway tile backsplash, and stainless steel appliances. Down the hall, two ample-sized bedrooms share a bathroom with a new vanity.

Out back, the converted garage is perfect for hosting in-laws or renting out for additional income. The driveway with a carport provides sufficient parking. With LCM1 zoning, you can explore various commercial opportunities alongside your residential living, making this property a versatile investment.

Some areas need a little TLC, but this home is ready for you to customize and enjoy. Conveniently located near the 5 freeway, shopping, and restaurants, and just minutes from downtown LA, this home offers both value and potential. Don't miss the chance to make it yours!

Last Agent to Sell the Property

Ray Miramontes

Circle Real Estate Brokerage Email: ray@mira-realestate.com License #01931740 Listed on: 06/06/2024

Circle Real Estate

Last Buyer's Agent

Jonathan Calderon

Real Broker License #01982607

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,870

Year Built

  • Built in 1922

Lot Details

  • 1,249 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCM1*

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 795 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 16
  • Tax Tract Number 4510
  • Assessor Parcel Number 5241002011
  • $679 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,870

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCM1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5241002011
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 795.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 615.09
  • Room Type: All Bedrooms Down, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1249.00
  • Lot Size Acres: 0.0287
  • Latitude Manual: 34.01910500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1249.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5313.02
  • Tax Lot: 9
  • Tax Tract Number: 4510
  • TaxOtherAnnualAssessmentAmount: 679.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 11, 2024
Sold by
Najera Cesar A and Ramirez Tiffany Marilyn
Bought by
Martinez Miguel and Garcia Lilian M
Seller's Agent
Ray Miramontes
Circle Real Estate
Buyer's Agent
Jonathan Calderon
Real Broker
List Price
$489,000
Sold Price
$489,000
Views
66
Current Estimated Value
$534,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,559
Avg. Annual Appreciation
0.34%
Original Mortgage
$464,501
Outstanding Balance
$459,773
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$31,199

Purchase Details

Listed on
May 7, 2021
Closed on
May 28, 2021
Sold by
Lopez Maria L
Bought by
Najera Cesar A and Ramirez Tiffany Marilyn
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Jeffrey Santos
eXp Realty of Southern California, Inc.
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$14,700
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2005
Sold by
Lopez Maria Luisa
Bought by
Lopez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 1997
Sold by
Quinones Richard
Bought by
Lopez Maria Luisa

Purchase Details

Closed on
Nov 14, 1996
Sold by
Quinones Richard
Bought by
Quinones Richard

Purchase Details

Closed on
Aug 19, 1996
Sold by
Penalver Theresa
Bought by
Quinones Richard and Lopez Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,392
Interest Rate
8.37%
Mortgage Type
FHA
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
Martinez Miguel $489,000 Chicago Title Company
Najera Cesar A $420,000 Lawyers Title
Lopez Maria L -- Financial Title Company
Lopez Maria Luisa -- --
Quinones Richard -- --
Quinones Richard $89,500 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Miguel $464,501
Previous Owner Najera Cesar A $14,700
Previous Owner Najera Cesar A $12,371
Previous Owner Najera Cesar A $412,392
Previous Owner Lopez Maria L $192,000
Previous Owner Lopez Maria L $130,000
Previous Owner Lopez Maria Luisa $108,565
Previous Owner Quinones Richard $89,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $489,000 0.0% $615 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $489,000 +16.4% $615 / Sq Ft
07/22/2021 07/22/21 Sold $420,000 +5.0% $528 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $399,900 0.0% $503 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $399,900 -- $503 / 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 $5,870 $489,000 $318,000 $171,000
2024 $5,870 $436,968 $312,120 $124,848
2023 $5,768 $428,400 $306,000 $122,400
2022 $5,496 $420,000 $300,000 $120,000
2021 $2,196 $132,737 $44,240 $88,497
2020 $2,207 $131,377 $43,787 $87,590
2019 $2,136 $128,802 $42,929 $85,873
2018 $2,095 $126,278 $42,088 $84,190
2016 $2,006 $121,376 $40,454 $80,922
2015 $1,977 $119,554 $39,847 $79,707
2014 $1,978 $117,213 $39,067 $78,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24091997

California Regional Multiple Listing Service (CRMLS)

APN: 5241-002-011