NOT LISTED FOR SALE

435 N Orange Grove Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,165,000 - $3,173,989

8 Beds
4 Baths
5,416 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $1,700,000 $314 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $16,233/month

11 Days on Market

About This Home

As of March 2015

Charming vintage 4-plex that has been very well maintained and has several recent updates, including new roof, new plumbing, new exterior paint in the last 2 years, and two of the units recently had the bathrooms renovated. All of the units have 2 bedrooms, 1 bath and are large (approx 1,400 sq ft) with high ceilings, wood floors in living and dining rooms, and each includes a one-car garage. There is a coin laundry on site. One of the units will be delivered vacant at close of escrow with opportunity to increase the income. This is an excellent investment opportunity in a prime location.

Last Agent to Sell the Property

Mica Campbell

Sotheby's International Realty License #01911998 Listed on: 01/26/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,069

Year Built

  • Built in 1929

Lot Details

  • 6,448 Sq Ft Lot

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 5,416 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5527-030-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,069

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5416
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 295.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage - 1 Car, On street
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Gravity

Lot Info

  • Assessed Improvement Value: 299758
  • Assessed Land Value: 629178
  • Assessor Parcel Number: 5527-030-008
  • Geocode Override: No
  • Lot Size Area: 6448

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 33000
  • Type Of Units: Fourplex
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Feb 11, 2015
Sold by
Spiegel Arthur
Bought by
Soleimani Jonathan N and Soleimani Brandon D
Seller's Agent
Mica Campbell
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,600,000
Sold Price
$1,700,000
Premium/Discount to List
$100,000
6.25%
Current Estimated Value
$2,654,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$954,747
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,320,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 10, 2014
Sold by
Johnson Stephen J
Bought by
Johnson Stephen J and Johnson Etta M

Purchase Details

Closed on
Jun 26, 2014
Sold by
Bean Eliot
Bought by
Bean Eliot and Teller Edna

Purchase Details

Closed on
Jun 13, 2014
Sold by
Johnson Stephen J
Bought by
Johnson Stephen J and Johnson Etta M

Purchase Details

Closed on
Mar 10, 2014
Sold by
Spiegel Arthur
Bought by
Spiegel Arthur and Johnson Etta Miriam

Purchase Details

Closed on
Sep 3, 2009
Sold by
Spiegel Arthur Jacob
Bought by
Spiegel Arthur Jacob

Purchase Details

Closed on
Jan 29, 2009
Sold by
Johnson Melonie Ann and Estate Of Beatrice Apell
Bought by
Spiegel Arthur Jacob

Purchase Details

Closed on
Apr 3, 2003
Sold by
Spiegel George and Spiegel Sylvia
Bought by
Spiegel George

Purchase Details

Closed on
Oct 26, 2000
Sold by
Spiegel George and Spiegel Sylvia
Bought by
Spiegel George
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Soleimani Jonathan N $1,700,000 Lawyers Title
Johnson Stephen J -- None Available
Johnson Stephen J -- None Available
Bean Eliot -- None Available
Johnson Stephen J -- None Available
Johnson Stephen J -- None Available
Spiegel Arthur -- Lawyers Title
Miller Miriam -- Lawyers Title
Johnson Etta Miriam -- Lawyers Title
Spiegel Arthur -- Lawyers Title
Spiegel Arthur Jacob -- None Available
Spiegel Arthur Jacob -- None Available
Spiegel George -- --
Spiegel George -- --
Weiner Celia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solemani Jonathan N $1,612,500
Closed Soleimani Jonathan N $1,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $1,700,000 +6.3% $314 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $1,600,000 -- $295 / 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 $25,069 $2,071,919 $1,442,217 $629,702
2024 $25,069 $2,031,294 $1,413,939 $617,355
2023 $24,589 $1,991,465 $1,386,215 $605,250
2022 $23,454 $1,952,418 $1,359,035 $593,383
2021 $23,149 $1,914,137 $1,332,388 $581,749
2019 $22,459 $1,831,563 $1,292,869 $538,694
2018 $22,012 $1,795,651 $1,267,519 $528,132
2016 $21,024 $1,725,925 $1,218,300 $507,625
2015 $11,748 $947,495 $641,748 $305,747
2014 $11,807 $928,936 $629,178 $299,758
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-824479

The MLS

APN: 5527-030-008