NOT LISTED FOR SALE

4400 Franklin Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,272,432 - $2,204,000

5 Beds
2 Baths
2,206 Sq Ft
$754/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $800,000 $363 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $11,662/month

39 Days on Market

Highlights

  • City Lights View
  • Craftsman Architecture
  • Cooling Available
  • Franklin Avenue Elementary Rated A-
  • Corner Lot
  • Laundry Room

About This Home

As of November 2015

This spacious 2 story Craftsman style Duplex is located in a very desirable area between Franklin Hills and Los Feliz. Offers a total of 5 Bedrooms, 2 Baths and sits on a large corner lot. Bottom unit offers a spacious Living Room with fireplace and Formal Dining Room. With some TLC this Home will make a great income property investment or perfect for owner/ user. Detached 2 car garage with long gated driveway. Backyard/ Patio with loads of potential. Views of Griffith Park Observatory and partial downtown LA skyline. Conveniently located across from coveted Franklin Elementary School and near Lycee' International Private School and John Marshal H.S. Within a few minutes from Los Feliz and Hillhurst shops, cafe's, fine restaurants, boutiques, farmer's market, Griffith Park, Observatory and Greek Theater. Only a few minutes from downtown LA, Atwater, Silver Lake and Glendale. Location!

Last Agent to Sell the Property

Montserrat Osorio

No Firm Affiliation License #01920413 Listed on: 08/13/2015

Last Buyer's Agent

Montserrat Osorio

No Firm Affiliation License #01920413 Listed on: 08/13/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,739

Year Built

  • Built in 1913

Lot Details

  • 6,124 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Carpet
  • Alarm System
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5590017014

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,739

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Wired for Alarm System
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5590017014
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Fireplace Features: Decorative, Living Room
  • Levels: Two
  • Price Per Square Foot: 362.65
  • Room Type: Living Room

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard, Corner Lot
  • Lot Size Sq Ft: 6124.00
  • Price Per Lot Square Foot: 130.63
  • Lot Size Acres: 0.1410

Multi Family

  • Lot Size Area: 6124.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Rent Control: Yes

Tax Info

  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 7, 2015
Sold by
Dli Properties Llc
Bought by
Raitt Andrew W and Ver Christine
Seller's Agent
Montserrat Osorio
No Firm Affiliation
Buyer's Agent
Montserrat Osorio
No Firm Affiliation
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Total Days on Market
39
Current Estimated Value
$1,914,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,114,951
Avg. Annual Appreciation
7.80%
Original Mortgage
$600,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2015
Sold by
Terzyan Nubar
Bought by
Dli Properties Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
Kazanchyan Siranoush
Bought by
Terzyan Nubar

Purchase Details

Closed on
Mar 27, 2009
Sold by
Terzyan Nubar
Bought by
Kazanchyan Siranoush

Purchase Details

Closed on
Feb 25, 1999
Sold by
Duvadzhyan Aroutyun
Bought by
Terzyan Nubar

Purchase Details

Closed on
Mar 23, 1998
Sold by
Terzyan Nubar
Bought by
Duvadzhyan Aroutyun

Purchase Details

Closed on
Jan 3, 1998
Sold by
Duvadzhyan Aroutyun
Bought by
Duvadzhyan Aroutyun

Purchase Details

Closed on
Apr 11, 1996
Sold by
Pardillo Rolando M
Bought by
Duvadzhyan Aroutyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Raitt Andrew W $800,000 Fidelity Sherman Oaks
Dli Properties Llc $692,600 Provident Title
Terzyan Nubar -- None Available
Kazanchyan Siranoush -- None Available
Terzyan Nubar -- --
Duvadzhyan Aroutyun -- First American Title Co
Duvadzhyan Aroutyun -- --
Duvadzhyan Aroutyun $190,000 Southland Title
Duvadzhyan Aroutyun -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raitt Andrew W $195,000
Open Raitt Andrew W $975,000
Closed Raitt Andrew W $110,000
Closed Raitt Andrew W $600,000
Previous Owner Terzyan Nubar $127,500
Previous Owner Terzyan Nubar $680,000
Previous Owner Terzyan Nubar $350,000
Previous Owner Terzyan Nubar $175,000
Previous Owner Duvadzhyan Aroutyun $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $800,000 -5.9% $363 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $849,900 -- $385 / 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 $14,739 $1,224,126 $947,036 $277,090
2024 $14,739 $1,200,124 $928,467 $271,657
2023 $13,815 $1,126,693 $910,262 $216,431
2022 $13,170 $1,104,602 $892,414 $212,188
2021 $13,012 $1,082,944 $874,916 $208,028
2019 $12,622 $1,050,824 $848,966 $201,858
2018 $12,483 $1,030,220 $832,320 $197,900
2016 $9,720 $800,000 $450,000 $350,000
2015 $3,450 $273,917 $207,397 $66,520
2014 $3,474 $268,552 $203,335 $65,217
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Montserrat Osorio

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15178815

California Regional Multiple Listing Service (CRMLS)

APN: 5590-017-014

California Los Angeles County Los Angeles 90027 Los Feliz

4400 Franklin Ave, Los Angeles, CA

This home is located at 4400 Franklin Ave, Los Angeles, CA 90027 since 13 August 2015 and is currently estimated at $1,663,608, approximately $754 per square foot. This property was built in 1913. 4400 Franklin Ave is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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