NOT LISTED FOR SALE

4337 Van Buren Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $710,000 - $883,000

4 Beds
2 Baths
1,496 Sq Ft
$525/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $695,000 $465 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,358/month

81 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property
  • Living Room

About This Home

As of March 2023

Duplex-two small homes on one lot near USC. Each has 2 Bedrooms +1 Bathroom. Tenants pay their own utilities. Low maintenance. Detached garage perfect for possible ADU conversion. Great owner/user or investment. Units will NOT be delivered vacant. Tenants are aware of sale and are possibly open for buyer to compensate tenant for relocation. Seller may consider carrying loan with qualified buyer. SHOWING WITH ACCEPTED OFFER ONLY. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Carmit Weissman

Carmit Weissman Real Estate License #01201217 Listed on: 06/28/2022

Last Buyer's Agent

Michelle Shipman

SearchLight Properties License #01703087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1919

Lot Details

  • 5,280 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 12 / G
  • Assessor Parcel Number 5020009026
  • $306 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Operating Expense $1,100
  • Gross Income $26,880
  • Net Operating Income $23,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,994

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5020009026
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 464.57
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5280.00
  • Lot Size Acres: 0.1212
  • Latitude Manual: 34.00442600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 26880.00
  • Gross Scheduled Income: 26880.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5280.0000 Square Feet
  • Net Operating Income: 23307.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3573.00
  • Rent Control: Yes
  • Total Actual Rent: 2240.00
  • Total Expenses: 1100.00

Tax Info

  • Tax Block: G
  • Tax Census Tract: 2316.02
  • Tax Lot: 12
  • Tax Tract Number: Sch...
  • TaxOtherAnnualAssessmentAmount: 306.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Footprints In The Sand Llc
Bought by
Shipman James H and Shipman Michelle Aragon
Current Estimated Value
$784,730

Purchase Details

Closed on
May 17, 2024
Sold by
Footprints In The Sand Llc
Bought by
Shipman James H and Shipman Michelle Aragon

Purchase Details

Listed on
Jun 28, 2022
Closed on
Mar 14, 2023
Sold by
Shipman Michelle Aragon and Shipman James H
Bought by
Footprints In The Sand Llc
Seller's Agent
Carmit Weissman
Carmit Weissman Real Estate
Buyer's Agent
Michelle Shipman
SearchLight Properties
List Price
$695,000
Sold Price
$695,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Sep 21, 2022
Sold by
Van Buren Duplex Llc
Bought by
Shipman Michelle Aragon and Shipman James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
Mara Duncan O and Hugh O Mara Living Trust
Bought by
Van Buren Duplex Llc

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lsf6 Mra Reo Trust
Bought by
Inouye Hill Tara K and The Hugh Omara Living Trust

Purchase Details

Closed on
Mar 30, 2011
Sold by
Canseco Galdino J
Bought by
Vericrest Financial Inc

Purchase Details

Closed on
May 10, 2010
Sold by
Conseco Galdino Jaime and Ruiz Ramon
Bought by
Conseco Galdino Jaime and Ruiz Ramon

Purchase Details

Closed on
Jan 18, 2010
Sold by
Canseco Galdino J
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Conseco Galdino Jaime
Bought by
Conseco Galdino Jaime and Ruiz Ramon

Purchase Details

Closed on
Feb 9, 2009
Sold by
Cabrera Judith
Bought by
Conseco Galdino Jaime

Purchase Details

Closed on
Aug 3, 2007
Sold by
Conseco Galdino Jaime
Bought by
Cabrera Judith

Purchase Details

Closed on
Feb 14, 2007
Sold by
Parker Warrington S and Baszile Natalie E
Bought by
Conseco Galdino Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 29, 1994
Sold by
Quality Mtg Usa Inc
Bought by
Parker Warrington S and Baszile Natalie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,480
Interest Rate
4.25%

Purchase Details

Closed on
Aug 22, 1994
Sold by
Bankers Trust Company Of California Na
Bought by
Quality Mtg Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,480
Interest Rate
4.25%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Robert E Weiss Inc
Bought by
Bankers Trust Company Of California Na
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
Shipman James H -- None Listed On Document
Shipman James H -- None Listed On Document
Footprints In The Sand Llc -- First American Title
Shipman Michelle Aragon $695,000 First American Title
Van Buren Duplex Llc $200,000 None Available
Inouye Hill Tara K $185,000 None Available
Lsf6 Mra Reo Trust -- None Available
Vericrest Financial Inc $191,948 None Available
Conseco Galdino Jaime -- Accommodation
Pledged Property Ii Llc $200,000 Accommodation
Conseco Galdino Jaime -- Security Union Pacific Coast
Conseco Galdino Jaime -- Accommodation
Cabrera Judith -- None Available
Conseco Galdino Jaime $465,000 First American Title Co
Parker Warrington S $94,500 Fidelity National Title
Quality Mtg Usa Inc $105,000 Fidelity National Title Ins
Bankers Trust Company Of California Na $100,744 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shipman Michelle Aragon $556,000
Previous Owner Conseco Galdino Jaime $93,000
Previous Owner Conseco Galdino Jaime $372,000
Previous Owner Parker Warrington S $75,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $695,000 0.0% $465 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $695,000 -- $465 / 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 $2,994 $723,078 $520,200 $202,878
2024 $2,994 $223,099 $167,325 $55,774
2023 $2,944 $218,726 $164,045 $54,681
2022 $2,819 $214,438 $160,829 $53,609
2021 $2,776 $210,234 $157,676 $52,558
2020 $2,801 $208,080 $156,060 $52,020
2019 $2,699 $204,000 $153,000 $51,000
2018 $2,605 $200,000 $150,000 $50,000
2016 $2,530 $196,290 $117,775 $78,515
2015 $2,495 $193,342 $116,006 $77,336
2014 $2,518 $189,556 $113,734 $75,822
Source: Public Records

Agents Affiliated with this Home

  • Carmit Weissman

    Seller's Agent in 2023

    Carmit Weissman

    Carmit Weissman Real Estate

    (818) 917-8900

    1 in this area

    11 Total Sales

    Carmit Weissman
    Section Image
  • Michelle Shipman

    Buyer's Agent in 2023

    Michelle Shipman

    SearchLight Properties

    (805) 709-1412

    1 in this area

    55 Total Sales

    Michelle Shipman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22140260

California Regional Multiple Listing Service (CRMLS)

APN: 5020-009-026

California Los Angeles County Los Angeles 90037 Vermont Square

4337 Van Buren Place, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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