NOT LISTED FOR SALE

4408 Franklin Ave Unit 5 Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $486,000 - $694,000

1 Bed
1 Bath
646 Sq Ft
$189/mo HOA Fee

Last Sold February 23, 2018

Last sale price $465,000 $720 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,309/month

18 Days on Market

Highlights

  • City Lights View
  • Double Pane Windows
  • Laundry Facilities
  • Franklin Avenue Elementary Rated A-
  • Tile Flooring
  • Dining Area

About This Home

As of February 2018

Beautifully Remodeled in the sought after Los Feliz area! This Charmer boasts SO many upgrades. To name a few: Spacious upgraded kitchen with granite counter tops & beautiful cabinets, retro colored back splash, new top of the line stainless steel Appliances including Dishwasher, Refrigerator, 5 pilot range oven, microwave, large sink, beautiful Laminated floors, recess lighting through-out, new dual pane windows, new paint, mirrored closet doors, upgraded bathroom with new vanity, frame less shower doors, gorgeous river rock shower floor... Easy walk to shops, restaurants & transportation. Best opportunity to own your first home! This is a Own your Own ownership type & Brandon with KNB Capital Inc can assist you with financing for it.

Last Agent to Sell the Property

Henry Panah

JohnHart Corp. License #01914315 Listed on: 01/04/2018

JohnHart Corp.

Co-Listed By

Shayda Hojjatpanah

Real Broker License #01044976

Last Buyer's Agent

Stephanie Smith

Westside Estate Agency Inc. License #01821748

Westside Estate Agency Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,340

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 6,534

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • Carport

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 646 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5590-017-031

Community Details

Overview

  • Association fees include water
  • 6 Units
  • Association Phone (323) 662-3144

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,340

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Advertising Remarks: Beautifully Remodeled in the sought after Los Feliz area! This Charmer boasts SO many upgrades. To name a few: Spacious upgraded kitchen with granite counter tops & beautiful cabinets, retro colored back splash, new top of the line stainless steel Appliances including Dishwasher, Refrigerator, 5 pilot range oven, microwave, farmers sink, beautiful Laminated floors, recess lighting through-out, new dual pane windows, new paint, mirrored closet doors, upgraded bathroom with new vanity, frame less shower doors, gorgeous river rock shower floor... Easy walk to shops, restaurants & transportation. Best opportunity to own your first home! It is a must see beauty.
  • Complex Name: Los Feliz properties
  • Entry Floor: 2
  • Living Area: 646
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1958
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 773.99
  • Windows: Double Pane Windows

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water
  • HOA Fees: 189.00
  • Phone: 323-662- 3144
  • HOA: Yes

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 5590-017-031
  • Geocode Override: No
  • Lot Size Area: 6731

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2024
Sold by
Kadipasaoglu Derya
Bought by
Kadipasaoglu Derya
Current Estimated Value
$659,158

Purchase Details

Listed on
Jan 4, 2018
Closed on
Feb 1, 2018
Sold by
Margaryan Anna
Bought by
Kadipasaoglu Derya
Seller's Agent
Henry Panah
JohnHart Corp.
Buyer's Agent
Stephanie Smith
Westside Estate Agency Inc.
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$100,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2015
Sold by
Aloyan Ruben and Aleksanyan Zara
Bought by
Margaryan Anna

Purchase Details

Closed on
Jun 15, 2015
Sold by
Abgaryan Vagan
Bought by
Margaryan Anna

Purchase Details

Closed on
Feb 21, 2012
Sold by
Aloyan Ruben
Bought by
Aloyan Ruben and Aleksanyan Zara

Purchase Details

Closed on
Apr 4, 1996
Sold by
Valdivieso Alfred E and The Valdivieso Family Trust
Bought by
Aloyan Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5%
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
Kadipasaoglu Derya -- Orange Coast Title
Kadipasaoglu Derya $465,000 Fidelity National Title
Margaryan Anna $250,000 Pacific Coast Title Company
Margaryan Anna -- Pacific Coast Title Company
Aloyan Ruben -- None Available
Aloyan Ruben $43,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shilowich Bryan E $75,000
Previous Owner Kadipasaoglu Derya $100,000
Previous Owner Margaryan Anna $250,000
Previous Owner Margaryan Anna $150,000
Previous Owner Aloyan Ruben $249,000
Previous Owner Aloyan Ruben $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $465,000 -7.0% $720 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $500,000 -- $774 / 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 $6,340 $529,085 $419,288 $109,797
2024 $6,340 $518,712 $411,067 $107,645
2023 $6,216 $508,542 $403,007 $105,535
2022 $5,923 $498,571 $395,105 $103,466
2021 $5,851 $488,796 $387,358 $101,438
2019 $5,674 $474,300 $375,870 $98,430
2018 $3,245 $264,064 $181,677 $82,387
2016 $3,099 $253,812 $174,623 $79,189
2015 $768 $58,252 $11,643 $46,609
2014 $778 $57,111 $11,415 $45,696
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Henry Panah

    JohnHart Corp.

    Section Image
  • Shayda Hojjatpanah

    Seller Co-Listing Agent in 2018

    Shayda Hojjatpanah

    Real Broker

    (949) 351-4217

    9 Total Sales

    Section Image
  • Stephanie Smith

    Buyer's Agent in 2018

    Stephanie Smith

    Westside Estate Agency Inc.

    (310) 488-8615

    17 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-299898

The MLS

APN: 5590-017-031

California Los Angeles County Los Angeles 90027 Los Feliz

4408 Franklin Ave Unit 5, Los Angeles, CA

This home is located at 4408 Franklin Ave Unit 5, Los Angeles, CA 90027 since 04 January 2018 and is currently estimated at $617,545, approximately $955 per square foot. This property was built in 1958. 4408 Franklin Ave Unit 5 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.

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