$1,100,500
SOLD NOV 12, 2024

4325 Gateway Ave Los Angeles, CA 90029

2 Beds
3 Baths
2,044 Sq Ft
5,011 Sq Ft Lot

Recently Sold

$538 Per Sq Ft

8% Below List Price

88 Days on Market

Highlights

  • Craftsman Architecture
  • Built-In Features
  • 2 Car Garage
  • John Marshall Senior High Rated A
  • 1-Story Property

About This Home

As of November 2024

Huge Reduction! Imagine living on a quiet side street in the heart of Sunset Junction, where an exceptional property awaits you. This unique opportunity features three charming Craftsman-style units, each with original details that exude character and charm, updated with seismic bolting. At the front of the property, two spacious one-bedroom, one-bath units sit side by side. Each offers a formal dining room with delightful vintage built-ins, rich hardwood floors, nine-light windows, private gardens, and private garages that can be used as studios, offices, or storage spaces. You'll feel right at home in the available unit, which perfectly matches the inviting layout shown in the photos. Additionally, a standalone structure houses a cozy two-room studio apartment with a private patio, providing versatility and income. The unbeatable location is just moments away from a variety of delicious restaurants, unique shops, Erewhon Market, and some of the city's best coffee spots, like Intelligentsia and Dinosaur Coffee.This property is not just a place to live it's a place to thrive. Embrace the vibrant Sunset Junction lifestyle and make this charming haven your own.

Last Agent to Sell the Property

Leslie Romenesko

Compass License #01724540 Listed on: 07/21/2024

Compass

Last Buyer's Agent

Rodney Wittbrodt

Compass License #02095111

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,232

Year Built

  • Built in 1922

Lot Details

  • 5,011 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Window Unit Cooling System
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5429-006-016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,232

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2044
  • Lot Acreage: 0.1150
  • Year Built: 1922
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Refrigerator, Range/Oven
  • Price Per S Q F T: 488.26

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gravity

Lot Info

  • Assessed Improvement Percent: 28.04
  • Assessed Improvement Value: 88626
  • Assessed Land Percent: 71.96
  • Assessed Land Value: 227493
  • Total Assessed Value: 316119
  • Assessor Parcel Number: 5429-006-016
  • Lot Size Area: 5011

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 3
  • Total Annual Expense: 5992
  • Type Of Units: 3
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Oct 23, 2024
Sold by
Lallanilla Marc
Bought by
Ayala Juan Carlos
Seller's Agent
Leslie Romenesko
Compass
Buyer's Agent
Rodney Wittbrodt
Compass
List Price
$1,199,000
Sold Price
$1,100,500
Premium/Discount to List
-$98,500
-8.22%
Views
83
Current Estimated Value
$1,121,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,412
Avg. Annual Appreciation
2.29%
Original Mortgage
$1,045,000
Outstanding Balance
$1,035,591
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$86,321

Purchase Details

Closed on
Mar 13, 2000
Sold by
Flores Ronald J
Bought by
Lallanilla Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
9.37%
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 Type Sale Price Title Company
Grant Deed $1,100,500 First American Title Company
Individual Deed $214,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,045,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $415,200 Adjustable Rate Mortgage/ARM
Previous Owner $315,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $171,200 No Value Available
Closed $32,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $1,100,500 +10.3% $538 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/06/2024 10/06/24 Price Changed $998,000 -16.8% $488 / Sq Ft
07/21/2024 07/21/24 For Sale $1,199,000 -- $587 / 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 $4,232 $1,100,500 $660,000 $440,500
2024 $4,232 $322,440 $232,042 $90,398
2023 $4,155 $316,119 $227,493 $88,626
2022 $3,970 $309,922 $223,033 $86,889
2021 $3,913 $303,846 $218,660 $85,186
2020 $3,947 $300,731 $216,418 $84,313
2019 $3,801 $294,835 $212,175 $82,660
2018 $3,751 $289,055 $208,015 $81,040
2016 $3,571 $277,833 $199,939 $77,894
2015 $3,521 $273,660 $196,936 $76,724
2014 $3,551 $268,301 $193,079 $75,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-417649

The MLS

APN: 5429-006-016