Seller's Agent in 2021
Christian Limon
Century 21 A Better Service
(562) 644-2780
1 in this area
58 Total Sales
4327 Garthwaite Ave Los Angeles, CA 90008
Leimert Park NeighborhoodEstimated Value: $996,000 - $1,568,000
4
Beds
4
Baths
3,634
Sq Ft
$363/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Central Heating
- Living Room
- Tile Flooring
- 4-minute walk to Leimert Park
About This Home
As of September 2021Pride of ownership, 4327 Garthwaite Ave. Beautiful 4 Unit property in Leimert Park Neighborhood. Very desirable residential area known for its Tree-Lines streets. Very close to Baldwin Hills- Crenshaw Mall. Units are in great condition, this property presents an excellent opportunity for investors.
Charming 2 story building with 4-1bedroom, 1 bath Units with very large open floor plans, spacious living rooms, units average 900 Sq Ft. Each. They can actually be converted into 2 bedroom units to capture potential upside in rents. All units have 1 car garage. Separately metered for gas & electricity. Laundry hook ups in each unit. All bathrooms have a tub and a separate shower. Central heating in all units.
Units have laminate flooring throughout, recently remodeled, nice kitchens cabinets with upgraded Electric and plumbing. Owner remodeled these units completely which include crown molding, freshly painted, newer windows. Property is occupied by long term tenants which are all sect 8. This investment opportunity will not last.
Last Agent to Sell the Property
Century 21 A Better Service License #01182471 Listed on: 07/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,933
Year Built
- Built in 1937
Lot Details
- 5,263 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in good condition
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Quadruplex
- Turnkey
- Shingle Roof
Interior Spaces
- 3,634 Sq Ft Home
- Living Room
- Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Central Heating
- Natural Gas Connected
- Sewer Paid
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, sewer, trash collection
- Tax Lot 553
- Tax Tract Number 9741
- Assessor Parcel Number 5023008011
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $100
- Operating Expense $6,280
- Net Operating Income $6,280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2021
Closed on
Sep 20, 2021
Sold by
Crenshaw Trust and Schipe D
Bought by
Nwajuaku Patricia
Seller's Agent
Christian Limon
Century 21 A Better Service
Buyer's Agent
Mike Pierce
Mint Real Estate
List Price
$1,429,000
Sold Price
$1,235,000
Premium/Discount to List
-$194,000
-13.58%
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
$84,279
Avg. Annual Appreciation
1.70%
Original Mortgage
$926,250
Outstanding Balance
$846,484
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$472,795
Purchase Details
Closed on
Apr 5, 2010
Sold by
Aurora Loan Services Llc
Bought by
Schipe D and Crenshaw Trust
Purchase Details
Closed on
Sep 12, 2008
Sold by
Jackson Robin Z
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Apr 13, 2007
Sold by
Jackson Robin Z and Jackson Robin Zeno
Bought by
Jackson Robin Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2005
Sold by
Jackson Robin Zeno and Jackson Robin Z
Bought by
Jackson Robin Zeno
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 2004
Sold by
Jackson Darryl D
Bought by
Jackson Robin Z
Purchase Details
Closed on
Nov 6, 2000
Sold by
Duckett Evelyn F
Bought by
Jackson Darryl D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,550
Interest Rate
7.54%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Nwajuaku Patricia | $1,235,000 | Commonwealth Land Title | |
| Schipe D | $225,000 | Lsi Title Agency | |
| Aurora Loan Services Llc | $562,320 | None Available | |
| Jackson Robin Z | -- | Commonwealth Land Title Co | |
| Jackson Robin Zeno | -- | -- | |
| Jackson Robin Z | -- | Fidelity Van Nuys | |
| Jackson Darryl D | $288,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nwajuaku Patricia | $926,250 | |
| Previous Owner | Jackson Robin Z | $547,500 | |
| Previous Owner | Jackson Robin Zeno | $516,000 | |
| Previous Owner | Jackson Darryl D | $295,830 | |
| Previous Owner | Jackson Darryl D | $283,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $1,235,000 | -13.6% | $340 / Sq Ft |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- |
| 07/19/2021 07/19/21 | For Sale | $1,429,000 | -- | $393 / 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 | $15,933 | $1,310,591 | $1,140,798 | $169,793 |
| 2024 | $15,933 | $1,284,894 | $1,118,430 | $166,464 |
| 2023 | $15,631 | $1,259,700 | $1,096,500 | $163,200 |
| 2022 | $14,913 | $1,235,000 | $1,075,000 | $160,000 |
| 2021 | $3,642 | $268,305 | $119,246 | $149,059 |
| 2019 | $3,542 | $260,349 | $115,710 | $144,639 |
| 2018 | $3,466 | $255,245 | $113,442 | $141,803 |
| 2016 | $3,283 | $245,336 | $109,038 | $136,298 |
| 2015 | $3,240 | $241,652 | $107,401 | $134,251 |
| 2014 | $3,279 | $236,920 | $105,298 | $131,622 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2021
Mike Pierce
Mint Real Estate
(855) 450-0442
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21157928
APN: 5023-008-011
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