NOT LISTED FOR SALE

4300 Mercury Ave Los Angeles, CA 90032

Montecito Heights Neighborhood

Estimated Value: $1,011,000 - $1,282,000

3 Beds
2 Baths
1,294 Sq Ft
$906/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $1,025,000 $792 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,305/month

6 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Parking
  • Open to Family Room
  • Abraham Lincoln High School Rated A
  • 1 Car Detached Garage
  • 4-minute walk to Rose Hill Park

About This Home

As of October 2020

Welcome to your own oasis! Grow your own avocados & salads that you can prepare in a beautiful new custom kitchen. Come shelter in this gorgeously remodeled, updated smart home nestled comfortably among 2 lots. This giant property will make social distancing a breeze while creating a safe & relaxing sanctuary with 5 hammocks, 9 fruit trees, 4 giant raised planter beds & a basketball court. Or build 3 more units & a pool (buyer to verify). Upgrades abound in this 3/2 home including new paint throughout, hardwood floors, copper plumbing, custom blinds, high-end fixtures (we have a complete list, just ask!). Other amenities include MBR with en-suite bath and walk-in closet, office nook, private parking for 5 cars including a detached garage. With mountain views, Ernest Debs Park across the street, proximity to Highland Park, Pasadena, DTLA & LAX, you'll wonder where else in LA can you get 11k sf of usable land for under a million dollars? Don't miss the opportunity to own this rare find!

Last Agent to Sell the Property

Natalie Gibson

Over the Moon Realty, Inc License #01998589 Listed on: 09/04/2020

Over the Moon Realty, Inc

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,110

Year Built

  • 1923

Lot Details

  • 0.25

Parking

  • 1 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Open to Family Room
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,110

Year Built

1923

Lot Details

0

Parking

1

Listing Details

  • Zoning: LAR1
  • Subclass: Single Family Home
  • Age: 97
  • Listing Class: Residential
  • Structure Sq Ft: 1294
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1923

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1294
  • Stories: 1
  • Laundry: Gas Hookup
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Enclosed, Gate / Door Opener, Parking Area

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Acres: 0.2523
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10990.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10990.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Malhotra Vikas and Graham Felicia Christine
Bought by
Malhotra Graham 2021 Revocable Trust and Malhotra
Current Estimated Value
$1,171,793

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 15, 2020
Sold by
Wachner Andrea and Laibowitz Mathew
Bought by
Malnorta Vikas and Graham Felicia Christine
Seller's Agent
Natalie Gibson
Over the Moon Realty, Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$899,000
Sold Price
$1,025,000
Premium/Discount to List
$126,000
14.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 4, 2017
Sold by
Habitable Art Inc
Bought by
Wachner Andrea and Laibowitz Matthew
Seller's Agent
Nicole LaBeaud
PLG Estates
Buyer's Agent
Denise Rosner
Compass
List Price
$795,000
Sold Price
$802,500
Premium/Discount to List
$7,500
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
May 24, 2017
Sold by
Stockpile Property Ventures Llc
Bought by
Habitable Arts Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2017
Sold by
Nandino Henry
Bought by
Stockpile Property Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Mcdonald Victor
Bought by
Mcdonald Wallace and Mcdonald Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 27, 2002
Sold by
Mcdonald Victor
Bought by
Mcdonald Wallace and Mcdonald Dora

Purchase Details

Closed on
Jun 22, 1998
Sold by
Mcdonald Wallace
Bought by
Mcdonald Wallace and Mcdonald Dora
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
Malhotra Graham 2021 Revocable Trust -- None Listed On Document
Malhotra Vikas -- None Listed On Document
Malnorta Vikas $1,025,000 Lawyers Title
Wachner Andrea $802,500 Lawyers Title
Habitable Arts Inc $450,000 Lawyers Title
Stockpile Property Ventures Llc $400,000 Lawyers Title Company
Mcdonald Wallace -- California Counties Title Co
Mcdonald Wallace -- --
Mcdonald Wallace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Habitable Arts Inc $472,500
Previous Owner Stockpile Property Ventures Llc $472,500
Previous Owner Mcdonald Wallace $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $1,025,000 +14.0% $792 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $899,000 +12.0% $695 / Sq Ft
10/16/2017 10/16/17 Sold $802,500 +0.9% $620 / Sq Ft View Prior Sale
09/26/2017 09/26/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $795,000 -- $614 / Sq Ft
Source: MLSListings

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 $13,110 $1,082,430 $757,701 $324,729
2024 $13,110 $1,061,207 $742,845 $318,362
2023 $12,857 $1,040,400 $728,280 $312,120
2022 $12,261 $1,020,000 $714,000 $306,000
2021 $12,115 $1,000,000 $700,000 $300,000
2020 $9,694 $777,699 $507,195 $270,504
2019 $9,314 $762,450 $497,250 $265,200
2018 $9,235 $747,500 $487,500 $260,000
2016 $459 $22,726 $8,257 $14,469
2015 $455 $22,385 $8,133 $14,252
2014 $465 $21,947 $7,974 $13,973
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Natalie Gibson

    Over the Moon Realty, Inc

    Section Image

  • R

    Buyer's Agent in 2020

    RECIP

    Out of Area Office

  • N

    Seller's Agent in 2017

    Nicole LaBeaud

    PLG Estates

    Section Image
  • Denise Rosner

    Buyer's Agent in 2017

    Denise Rosner

    Compass

    (310) 508-9482

    21 Total Sales

    Denise Rosner
    Section Image
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Map

Source: MLSListings

MLS Number: ML81807013

MLSListings

APN: 5305-027-025

California Los Angeles County Los Angeles 90032 Montecito Heights

4300 Mercury Ave, Los Angeles, CA

This home is located at 4300 Mercury Ave, Los Angeles, CA 90032 since 04 September 2020 and is currently estimated at $1,171,793, approximately $905 per square foot. This property was built in 1923. 4300 Mercury Ave is a home located in Los Angeles County with nearby schools including Glen Alta Elementary, Abraham Lincoln High School, and Woodrow Wilson Senior High.

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