NOT LISTED FOR SALE

4419 Avalon Blvd Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $4,142,850

20 Beds
20 Baths
12,558 Sq Ft
$330/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $1,675,000 $133 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $25,415/month

32 Days on Market

Highlights

  • 19,210 Sq Ft lot
  • Traditional Architecture
  • Rectangular Lot
  • Property is near public transit
  • Ceiling Fan
  • Fenced

About This Home

As of November 2012

** PLEASE DO NOT GO ON SITE OR CONTACT TENANTS/MANAGER WITHOUT PRIOR AUTHORIZATION **Excellent income property that has enjoyed high occupancy even during the last few years. The front sections are retail along Avalon with the apartment units to the rear. One story, wood frame and stucco with flat roofs in a courtyard-bungalow/triplex style. Significant roof, plumbing and drain replacement done in 2000s. Great residents. Easy to manage and maintain. Get your own property management or retain existing firm. There are twenty (20) 1-bed, 1 bath units in the bungalow/triplex section and seven (7) Retail spaces along Avalon. The retail are the ones marked as 10 bedrooms in the unit roll (they are not 10 bedrooms, they are retail space). The units are all separately metered for gas and electric with their own water heaters so expenses are lessened. Really a great running site.

Last Listed By

Brett Daniels

Atlas Real Estate Corporation License #01230746 Listed on: 08/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,716

Year Built

  • Built in 1924

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 120x160
  • Fenced
  • Rectangular Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 12,558 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Location

  • Property is near public transit
  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 7 Buildings
  • 27 Units
  • Urban Housing Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5109-015-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,716

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 12558
  • Lot Dimensions: 120x160
  • Price Per Unit: 62778.00
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 0
  • Number Disposal: 0
  • Number Drapes: 0
  • Appliances: Free Standing Gas
  • Bedroom Features: All Bedrooms Down
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Range/Oven
  • Price Per S Q F T: 134.97

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Wood/Stucc
  • Construction: Frame and Stucco
  • Number Patio: 0
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: No

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Water Heater Unit
  • Heating: Wall
  • Number Electric Meters: 27
  • Number Gas Meters: 27
  • Sewer: In Street
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Urban Housing
  • Mgmt Co Phone: 310-586-1800 13

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 408800
  • Assessed Land Value: 129002
  • Assessor Parcel Number: 5109-015-005
  • Lot Description: 2-4 Lots, Curbs, Fenced, Lot Shape-Rectangular, Lot-Level/Flat, Resident Manager, Street Asphalt, Street Lighting, Street Paved
  • Lot Location: Alley Access, City, Flats, Near Public Transit
  • Lot Size Area: 19210

Rental Info

  • Number Leased: 27
  • Lease Per Month Year: Month, Year
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 7.45
  • Number Of Units: 27
  • Number Wall A C: 0
  • Rent Control: 20/27
  • Total Annual Expense: 96436
  • Type Of Units: Mixed
  • Vacancy Rate: 5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2012
Closed on
Nov 13, 2012
Sold by
Avalon Boulevard Partnership
Bought by
Edward 26 Florence Llc
Seller's Agent
Brett Daniels
Atlas Real Estate Corporation
Buyer's Agent
Dan Jacob Newman
Matthew Bradley Mandel
List Price
$1,695,000
Sold Price
$1,675,000
Premium/Discount to List
-$20,000
-1.18%
Total Days on Market
32
Current Estimated Value
$4,142,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,467,850
Avg. Annual Appreciation
7.49%

Range of Values:

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Average Value
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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
Edward 26 Florence Llc $1,675,016 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward 26 Florence Llc $1,500,000
Closed Edward 26 Florence Llc $1,100,000
Previous Owner Avalon Boulevard Partnership $900,000
Previous Owner Avalon Boulevard Partnership $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $1,675,000 -1.2% $133 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $1,695,000 -- $135 / 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
2024 $26,716 $2,022,189 $1,043,087 $979,102
2023 $26,234 $1,982,539 $1,022,635 $959,904
2022 $25,092 $1,943,667 $1,002,584 $941,083
2021 $24,737 $1,905,557 $982,926 $922,631
2019 $23,974 $1,849,039 $953,773 $895,266
2018 $23,493 $1,812,784 $935,072 $877,712
2016 $22,340 $1,742,393 $898,763 $843,630
2015 $22,031 $1,716,221 $885,263 $830,958
2014 $22,130 $1,682,603 $867,922 $814,681
Source: Public Records

Agents Affiliated with this Home

  • Brett Daniels

    Seller's Agent in 2012

    Brett Daniels

    Atlas Real Estate Corporation

    (310) 266-6162

    1 Total Sale

    Brett Daniels
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Matthew Mandel

    Matthew Bradley Mandel

    (310) 259-8878

    Matthew Mandel
    Section Image

  • D

    Buyer's Agent in 2012

    Dan Jacob Newman

    Matthew Bradley Mandel

See All Agents

Map

Source: The MLS

MLS Number: 12-619747

The MLS

APN: 5109-015-005

California Los Angeles County Los Angeles 90011 South Park

4419 Avalon Blvd, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 4419 Avalon Blvd, Los Angeles, CA 90011 since 16 August 2012 and is currently estimated at $4,142,850, approximately $329 per square foot. This property was built in 1924. 4419 Avalon Blvd is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

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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.
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