Seller's Agent in 2021
Xio Sandoval
CENTURY 21 REALTY MASTERS
(323) 253-5456
10 in this area
109 Total Sales
4259 S Western Ave Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated Value: $2,628,715
20
Beds
20
Baths
8,490
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Under Construction
- Contemporary Architecture
- Laundry Room
- Dual Staircase
- Neighborhood Views
- Central Heating and Cooling System
About This Home
As of October 2021THIS IS THE ONE YOU'VE BEEN WAITING FOR: WELCOME TO 4259 S. WESTERN AVE. NEW CONSTRUCTION 4-unit property, two separate buildings, Three stories, front duplex, 5/bed 5/bath 2,160 Sqft each with plenty of tandem parking in the back. Rear duplex, 5/bed 5/bath 2,085 Sqft each with 2 car attached garages for rear units. LOT SIZE: 6506 and total living Sqft 8490 not including the garages. This amazing investment opportunity offers a realistic CAP rate of approximately 6%. The 1st floor features a grand entrance with an open floor plan to the living room and kitchen area including 1 bedroom 1 bathroom en-suite on 1st floor. Great for large multi generational families and or co-adult living as each bedroom is functional master bedroom with its own private bathroom. Beautiful modern look, beautiful custom kitchen cabinets throughout with beautiful quartz counter tops in each unit. Oversized bedrooms with high ceilings, AC & HVAC system in all units, tank less water heaters, laundry area with stackable hook-ups. Property comes with beautiful decorative permeable pavers throughout the driveway and parking area. All units are separately metered for electric, gas AND water. Prime location, no rent control, 1 year builders fit and finish warranty! This building is centrally located which means tenants will be plentiful and the location is unmatched: walking, biking, & driving distance to LA Coliseum, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's, Natural History Museums including the coming soon Lucas Museum Center, freeways & short commute to DTLA-LA Live, Baldwin Hills and metro link station on Exposition Blvd. Call me today for your private tour!
Last Agent to Sell the Property
CENTURY 21 REALTY MASTERS License #01308913 Listed on: 07/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,930
Year Built
- Built in 2021 | Under Construction
Lot Details
- 6,506 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 5 Open Parking Spaces
- 4 Car Garage
Home Design
- Contemporary Architecture
- Property Attached
- Turnkey
Interior Spaces
- 8,490 Sq Ft Home
- 1-Story Property
- Dual Staircase
- Laminate Flooring
- Neighborhood Views
Bedrooms and Bathrooms
- 20 Bedrooms
- 20 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Private Water Source
Listing and Financial Details
- Legal Lot and Block 2 / 68
- Tax Tract Number 1870
- Assessor Parcel Number 5021027002
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $3,500
- Trash Expense $250
- Operating Expense $3,750
- Net Operating Income $144,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2021
Closed on
Aug 18, 2021
Sold by
5 Star Discount Homes Llc
Bought by
Western One Llc
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,715
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,410,000
Outstanding Balance
$1,288,570
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$1,372,973
Purchase Details
Closed on
Nov 25, 2019
Sold by
Ray Of Light Missionary Baptist Church
Bought by
5 Star Discount Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 16, 2005
Sold by
Galvez Mario R
Bought by
Ray Of Light Missionary Baptist Church
Purchase Details
Closed on
Jun 14, 2005
Sold by
Iglesia De Dios Pentecostal Mi
Bought by
Galvez Mario R and Galvez Lourdes
Purchase Details
Closed on
Apr 3, 2003
Sold by
Fasack Investments Llc
Bought by
Iglesia De Dios Pentecostal Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
5.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 4, 2003
Sold by
Garden Of Prayer Center Inc
Bought by
Fasack Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
5.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 10, 2002
Sold by
Garden Of Prayer Center Inc
Bought by
Knott Curtis E and Knott Rosetha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.84%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 6, 2001
Sold by
Robinson Valentina
Bought by
Garden Of Prayer Center Inc
Purchase Details
Closed on
Nov 11, 2000
Sold by
Robinson Thurston
Bought by
Robinson Valentina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 9, 2000
Sold by
Ivanova Mariela
Bought by
Robinson Valentina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 12, 2000
Sold by
Yu Hoe S
Bought by
Ivanova Mariela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.86%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Western One Llc | $2,350,000 | Fidelity National Title Co | |
| 5 Star Discount Homes Llc | $625,000 | First American Title | |
| Ray Of Light Missionary Baptist Church | $680,000 | Landsafe Title Of California | |
| Galvez Mario R | $430,000 | Security Union Title | |
| Galvez Mario R | $430,000 | Security Union Title | |
| Iglesia De Dios Pentecostal Mi | $290,000 | -- | |
| Fasack Investments Llc | $229,822 | United | |
| Knott Curtis E | -- | -- | |
| Garden Of Prayer Center Inc | -- | -- | |
| Robinson Valentina | -- | Commonwealth Title | |
| Robinson Valentina | $105,000 | Commonwealth Title | |
| Ivanova Mariela | $87,500 | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Western One Llc | $1,410,000 | |
| Previous Owner | 5 Star Discount Homes Llc | $1,345,000 | |
| Previous Owner | 5 Star Discount Homes Llc | $500,000 | |
| Previous Owner | 5 Star Discount Homes Llc | $250,000 | |
| Previous Owner | 5 Star Discount Homes Llc | $425,000 | |
| Previous Owner | Ray Light Missionart Baptist Church | $210,000 | |
| Previous Owner | Iglesia De Dios Pentecostal Mi | $251,500 | |
| Previous Owner | Garden Of Prayer Center Inc | $200,000 | |
| Previous Owner | Garden Of Prayer Center Inc | $12,000 | |
| Previous Owner | Robinson Valentina | $125,000 | |
| Closed | Robinson Valentina | $12,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $2,350,000 | -2.1% | $277 / Sq Ft |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- |
| 07/28/2021 07/28/21 | For Sale | $2,400,000 | -- | $283 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $29,930 | $2,493,838 | $1,745,687 | $748,151 |
| 2024 | $29,930 | $2,444,940 | $1,711,458 | $733,482 |
| 2023 | $29,351 | $2,397,000 | $1,677,900 | $719,100 |
| 2022 | $27,992 | $2,350,000 | $1,645,000 | $705,000 |
| 2021 | $7,994 | $631,475 | $631,475 | $0 |
| 2020 | $572 | $849,694 | $624,779 | $224,915 |
| 2019 | $413 | $833,034 | $612,529 | $220,505 |
| 2018 | $421 | $816,701 | $600,519 | $216,182 |
| 2016 | $422 | $784,990 | $577,201 | $207,789 |
| 2015 | $422 | $773,199 | $568,531 | $204,668 |
| 2014 | $438 | $758,054 | $557,395 | $200,659 |
Source: Public Records
Agents Affiliated with this Home
-
Xio Sandoval
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB21165153
APN: 5021-027-002
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