NOT LISTED FOR SALE

4292 Union Pacific Ave Los Angeles, CA 90023

4 Beds
2 Baths
6,900 Sq Ft
8,181 Sq Ft Lot

Last Sold March 21, 2018

Last sale price $910,000 $132 Per Sq Ft

20 Days on Market

Highlights

  • Corner Lot
  • 2 Car Direct Access Garage
  • Walk-In Closet
  • James A. Garfield Senior High School Rated A
  • Crown Molding
  • 1-minute walk to Parque de Los Suenos

About This Home

As of March 2018

LOCATION, LOCATION, LOCATION. THIS IS A RARE FIND MIXED USE BRING BUILDING. YOU'LL LOVE THE CORNER LOCATION OF UNION PACIFIC AND DOWNEY ROAD. LOTS OF VEHICLE AND FOOT TRAFFIC ON BOTH STREETS. PROPERTY IS ADJACENT TO PARQUE DE LOS SUENOS (FAMILY PARK) ACROSS THE STREET IS THE LARGE YWCA OF GREATER LOS ANGELES. THE PROPERTY CONSIST OF A TOTAL OF 6 UNITS. 2 ARE APARTMENTS AND 4 COMMERCIAL RETAIL WITH A PARKING LOT AND 2 CAR GARAGE. YOU'LL FIND THE 2-2 BEDROOM 1 BATH APARTMENTS UPSTAIRS. THIS PROPERTY IS PERFECT FOR THE OWNER USER, THERE IS A VACANT OFFICE/RETAIL AND OR SPACE WITH A WAREHOUSE PLUS A 2 CAR GARAGE. THERE'S PLENTY OF PARKING SPACES BEHIND THE WROUGHT IRON GATES. THIS IS PROPERTY IS A MIX-USE (COMMERCIAL-RESIDENTIAL)

Last Agent to Sell the Property

Jesse Garcia

REALTY WORLD CALIFORNIA AGENTS License #01260007 Listed on: 02/06/2018

Last Buyer's Agent

YANIRA RIVAS

REALTY MASTERS & ASSOCIATES, INC. License #02012569

REALTY MASTERS & ASSOCIATES, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,966

Year Built

  • Built in 1927

Lot Details

  • 8,181 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Turnkey
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Unfinished Walls
  • Partial Copper Plumbing

Interior Spaces

  • 6,900 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Brick Wall or Ceiling
  • Living Room
  • Storage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 28
  • Tax Tract Number 4301
  • Assessor Parcel Number 5241020030

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $2,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $14,220
  • Operating Expense $19,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,966

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LCM1*
  • Property Condition: Fixer, Repairs Cosmetic, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5241020030
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Brick Walls, Copper Plumbing Partial, Crown Molding, Storage, Unfinished Walls
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 131.88
  • Room Type: Laundry, Living Room, Walk-In Closet

Exterior Features

  • Other Structures: Storage
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 6500-9999, Walkstreet
  • Lot Size Sq Ft: 8181.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 720.00
  • Gross Scheduled Income: 89400.00
  • Insurance Expense: 2000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 6
  • Operating Expense: 450.00
  • Rent Control: No
  • Total Actual Rent: 5250.00
  • Total Expenses: 19940.00

Tax Info

  • New Taxes Expense: 14220.00
  • Tax Census Tract: 5313.02
  • Tax Lot: 28
  • Tax Tract Number: 4301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Harvey Scott
Bought by
Omi Investments Llc

Purchase Details

Listed on
Feb 6, 2018
Closed on
Feb 26, 2018
Sold by
729 S Clela Llc
Bought by
Provident Trust Group
Seller's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
Buyer's Agent
YANIRA RIVAS
REALTY MASTERS & ASSOCIATES, INC.
List Price
$950,000
Sold Price
$910,000
Premium/Discount to List
-$40,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,349
Interest Rate
3.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2013
Sold by
Rubalcava Raquel A
Bought by
729 S Ciela Llc

Purchase Details

Closed on
Jul 20, 2010
Sold by
Rublacava Raquel A
Bought by
Raquel A Rubalcava Revocable Trust

Purchase Details

Closed on
May 17, 1999
Sold by
Rubalcava Miguel
Bought by
Rubalcava Raquel
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
Omi Investments Llc -- Lawyers Title
Provident Trust Group $900,000 Lawyers Title
729 S Ciela Llc -- None Available
Raquel A Rubalcava Revocable Trust -- None Available
Rubalcava Raquel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Brenda $69,349
Previous Owner 729 S Clela Llc $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $910,000 -4.2% $132 / Sq Ft
02/06/2018 02/06/18 For Sale $950,000 -- $138 / 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 $14,966 $1,024,043 $568,913 $455,130
2024 $14,966 $1,003,964 $557,758 $446,206
2023 $14,720 $984,279 $546,822 $437,457
2022 $14,080 $964,980 $536,100 $428,880
2021 $13,887 $946,060 $525,589 $420,471
2020 $13,978 $936,360 $520,200 $416,160
2019 $13,483 $918,000 $510,000 $408,000
2018 $10,987 $711,060 $420,173 $290,887
2016 $10,481 $683,451 $403,858 $279,593
2015 $10,325 $673,186 $397,792 $275,394
2014 $10,315 $660,000 $390,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18030706

California Regional Multiple Listing Service (CRMLS)

APN: 5241-020-030