NOT LISTED FOR SALE

4338 Toland Way Los Angeles, CA 90041

Eagle Rock Neighborhood

Estimated Value: $1,396,000 - $1,875,000

4 Beds
2 Baths
1,856 Sq Ft
$858/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $1,290,000 $695 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,776/month

About This Home

As of August 2020

SOLD before processing.Two homes on one lot! On the cusp of Eagle Rock and Highland Park you'll find two charming side by side bungalows immersed in the eclectic & artsy culture of their surrounding neighborhood. Both homes feel totally private and separate making for a perfect rental property or live in one and rent the other situation. One is a 3Bed/3Bath charming craftsman and the other is a 2bed/1bath (PLUS office) Spanish! They'll steal your heart! Both have been reimagined with custom finishes from head to toe yet retain their architectural character & soul from the 1930's era in which they were built. Both homes feature their own enclosed and usable outdoor lounge areas, washer dryer hookups and ample parking space- 8 total spaces to be exact! There's also a detached 2 car garage, perfect for use as a creative space or possible ADU conversion? There are also multiple delightful mature fruit trees ready for the picking (apple, persimmon, apricot and lemon!) located amongst local gems & treasured institutions like Donut Friend & Cafe de Leche, you are at the epicenter of Highland Park and Eagle Rock's many adventures! Many similar 2 and 3 bedroom properties in the area are renting for $3,500 to upwards of $4,000 or more per month. Great passive income potential!

Last Agent to Sell the Property

Jessica Romero

Keller Williams Realty License #01920921 Listed on: 08/04/2020

Keller Williams Realty

Last Buyer's Agent

Linda Leon

Nourmand & Associates-HW License #01790801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,819

Year Built

  • Built in 1930

Lot Details

  • 8,798 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,856 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number 5474040040

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,819

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-105
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5474040040
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room, Family Room
  • Levels: One
  • Price Per Square Foot: 695.04

Lot Info

  • Lot Size Sq Ft: 8798.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lot Size Area: 8798.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 12, 2020
Sold by
Lam Richard
Bought by
Lam Richard and The Richard Lam Living Trust
Seller's Agent
Jessica Romero
Keller Williams Realty
Buyer's Agent
Linda Leon
Nourmand & Associates-HW
Sold Price
$1,290,000
Current Estimated Value
$1,592,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,029
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jul 15, 2020
Sold by
Williams Lawrence B
Bought by
Lam Richard
Seller's Agent
Jessica Romero
Keller Williams Realty
Buyer's Agent
Linda Leon
Nourmand & Associates-HW
Sold Price
$1,290,000

Purchase Details

Closed on
Jun 12, 2019
Sold by
Dang Vinh Phu and Dang Steven Cuong Phu
Bought by
Williams Lawrence B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,500
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Lam Richard -- None Available
Lam Richard $1,290,000 Lawyers Title Company
Williams Lawrence B $910,000 Orange Coast Title
Dang Steven Cuong Phu -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lawrence B $773,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $1,290,000 -- $695 / 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 $16,819 $1,396,336 $974,188 $422,148
2024 $16,819 $1,368,958 $955,087 $413,871
2023 $16,493 $1,342,116 $936,360 $405,756
2022 $15,725 $1,315,800 $918,000 $397,800
2021 $15,536 $1,290,000 $900,000 $390,000
2020 $11,511 $928,200 $652,800 $275,400
2019 $4,099 $324,371 $182,664 $141,707
2018 $3,944 $318,012 $179,083 $138,929
2016 $3,753 $305,665 $172,130 $133,535
2015 $3,698 $301,075 $169,545 $131,530
2014 $3,722 $295,178 $166,224 $128,954
Source: Public Records

Agents Affiliated with this Home

  • Jessica Romero

    Seller's Agent in 2020

    Jessica Romero

    Keller Williams Realty

    (626) 414-7464

    12 in this area

    119 Total Sales

    Jessica Romero
    Section Image

  • L

    Buyer's Agent in 2020

    Linda Leon

    Nourmand & Associates-HW

    (562) 857-5962

    7 Total Sales

    Linda Leon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320002692

California Regional Multiple Listing Service (CRMLS)

APN: 5474-040-040

California Los Angeles County Los Angeles 90041 Eagle Rock

4338 Toland Way, Los Angeles, CA

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