NOT LISTED FOR SALE

440 Rainbow Ave Los Angeles, CA 90065

Mount Washington Neighborhood

Estimated Value: $173,000 - $238,000

0.15 Acre
$1,370,000 Price per Acre
6,385 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $117,500

Est. 75% increase in value since last sale

Current estimated payment $1,232/month

669 Days on Market

About This Lot

As of April 2019

Offering two adjacent lots in the Los Angeles community of Mt. Washington (to be sold together with 446 Rainbow). Easy build with excellent canyon views, gentle down slope, all utilities nearby. These properties are centrally located minutes by surface streets to Downtown Los Angeles, Pasadena, Glendale, Silver Lake, USC Medical and are accessible to Metro Line, 110, 5 & 2 freeways. Nearby attractions include the Autry Southwest Museum, Rio de Los Angeles (LA River) State Park and Elyria Canyon Park,Dodger Stadium.

Last Agent to Sell the Property

Tony Toscano

Engel & Völkers Pasadena License #01823511 Listed on: 05/18/2017

Engel & Völkers Pasadena

Last Buyer's Agent

Tony Toscano

Engel & Völkers Pasadena License #01823511 Listed on: 05/18/2017

Engel & Völkers Pasadena

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,338

Lot Details

  • 6,385 Sq Ft Lot
  • Property is zoned LAA1

Listing and Financial Details

  • Assessor Parcel Number 5465007018

Property Details

Property Type

Land

Est. Annual Taxes

$1,338

Lot Details

0

Listing Details

  • Inclusions: Survey, Geo/Soil Report,
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAA1
  • Property Type: Land
  • Parcel Number: 5465007018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.40

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6385.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 6385.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Apr 10, 2019
Sold by
Reyes Jesus
Bought by
Capital Asset Partners Llc
Seller's Agent
Tony Toscano
Engel & Völkers Pasadena
Buyer's Agent
Tony Toscano
Engel & Völkers Pasadena
List Price
$124,500
Sold Price
$117,500
Premium/Discount to List
-$7,000
-5.62%
Current Estimated Value
$205,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,000
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
May 11, 2005
Sold by
Brown Terry
Bought by
Brown Philip M

Purchase Details

Closed on
May 2, 2005
Sold by
Egerman William M and Brown Philip M
Bought by
Reyes Jesus

Purchase Details

Closed on
Mar 4, 1999
Sold by
Rosen Ronald D
Bought by
Rosen Joan M

Purchase Details

Closed on
Jan 15, 1999
Sold by
Rosen Joan and Rosen Joan M
Bought by
Egerman William M

Purchase Details

Closed on
Dec 30, 1998
Sold by
Morey Beatrice C
Bought by
Egerman William M

Purchase Details

Closed on
Apr 1, 1996
Sold by
Brown Philip
Bought by
Brown Philip and Brown Terry

Purchase Details

Closed on
Sep 16, 1994
Sold by
Casteneda Louis
Bought by
Morey Beatrice C

Purchase Details

Closed on
Aug 31, 1994
Sold by
Morey Beatrice C
Bought by
Egerman William M
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
Capital Asset Partners Llc $235,000 Orange Coast Title Company
Brown Philip M -- Commonwealth Title
Egerman William M -- Commonwealth Title
Reyes Jesus $230,000 Commonwealth Title
Rosen Joan M -- --
Egerman William M $1,000 --
Egerman William M $5,500 --
Brown Philip -- --
Morey Beatrice C -- --
Egerman William M -- --
Morey Beatrice C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $117,500 -5.6% --
03/18/2019 03/18/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $124,500 0.0% --
03/08/2019 03/08/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $124,500 0.0% --
01/31/2019 01/31/19 Price Changed $124,500 -11.1% --
01/30/2019 01/30/19 Pending -- -- --
06/15/2018 06/15/18 Price Changed $140,000 -12.5% --
11/13/2017 11/13/17 Price Changed $160,000 -19.0% --
05/18/2017 05/18/17 For Sale $197,500 -50.6% --
03/16/2012 03/16/12 Sold $400,000 -55.6% --
03/16/2012 03/16/12 Pending -- -- --
12/07/2010 12/07/10 For Sale $900,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $1,338 $111,550 $111,550 --
2024 $1,338 $109,363 $109,363 --
2023 $1,312 $107,219 $107,219 $0
2022 $1,247 $105,117 $105,117 $0
2021 $1,233 $103,056 $103,056 $0
2020 $1,244 $102,000 $102,000 $0
2019 $1,487 $124,948 $124,948 $0
2018 $1,487 $122,499 $122,499 $0
2016 $1,421 $117,744 $117,744 $0
2015 $1,399 $115,976 $115,976 $0
2014 $1,405 $113,705 $113,705 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tony Toscano

    Engel & Völkers Pasadena

    Section Image

  • J

    Seller's Agent in 2012

    Jacinto Mena

    Jacinto Orlando Mena

    (562) 618-1630

    5 Total Sales

    Jacinto Mena
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317004483

Pasadena-Foothills Association of REALTORS®

APN: 5465-007-018

California Los Angeles County Los Angeles 90065 Mount Washington

440 Rainbow Ave, Los Angeles, CA

This home is located at 440 Rainbow Ave, Los Angeles, CA 90065 since 18 May 2017 and is currently estimated at $205,500. 440 Rainbow Ave is a home located in Los Angeles County with nearby schools including Mt. Washington Elementary, Latona Avenue Elementary School, and Florence Nightingale Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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