NOT LISTED FOR SALE

4420 Portola Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $1,238,000 - $1,548,000

5 Beds
4 Baths
6,528 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $915,000 $140 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,226/month

38 Days on Market

Highlights

  • Wine Cellar
  • Panoramic View
  • Lawn
  • Abraham Lincoln High School Rated A
  • Bonus Room
  • 4-minute walk to Guardia Park

About This Home

As of March 2019

A modern sophisticated renovation where the entire property was taken down to the studs and completely rebuilt. 4420 and 4418 Portola Avenue (ADU). Two homes on a lot with income potential make it a great value.
All New Roof, Appliances, Flooring, Plumbing, Electrical, Insulation, Tank-less water heaters, A/C furncaces/heaters/ducts, newly poured concrete for driveway and steps & storage areas (new construction). The best rehabbed home in the area!The front house 4420 Portola offers 3 bedrooms 2 bathrooms, consist of 1,212 sqft with an open floor plan. Sleek quartz counter tops, an island and stainless steel appliances complete the stylish, open kitchen. The master bedroom has a walk in closet, a spacious master bath with dual sinks and sliding doors that lead to the deck. The home has a bonus room in the basement that can be used as a woman cave or panic room because of its electronic floor opener/closer.
The back house 4418 Portola offers 2 bedrooms 2 bathrooms, consist of 738 sqft with an open floor plan. Sleek quartz counter tops, an island and stainless steel appliances complete the open kitchen. The master bedroom has a walk in closet, a master bath & sliding doors that lead to the back deck.The second bedroom also has a sliding door that leads to the back deck with a wonderful view. Individual electric meters make this an excellent investment. This is a must see opportunity!That is two blocks from Guardia Park.

Last Agent to Sell the Property

Michelle Lin

Smart Realty Group License #01926224 Listed on: 12/18/2018

Last Buyer's Agent

Herbert Flores

Uptown, Realtors License #02041987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,335

Year Built

  • Built in 1949

Lot Details

  • 6,528 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Landscaped
  • Gentle Sloping Lot
  • Lawn
  • Back Yard

Property Views

  • Panoramic
  • Bluff
  • Neighborhood
  • Courtyard

Home Design

  • Property Attached
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 6,528 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Wired For Data
  • Wine Cellar
  • Bonus Room
  • Storage
  • Laminate Flooring
  • Basement

Kitchen

  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 3455
  • Assessor Parcel Number 5307021017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,335

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5307021017
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full, Storage, Wired for Data, Wired for Sound
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 140.17
  • Room Type: All Bedrooms Down, Basement, Bonus Room, Laundry, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet, Wine Cellar

Exterior Features

  • View: Bluff, Courtyard, Neighborhood, Panoramic
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Gas Range, Gas Cooktop, Gas Water Heater, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas, High Efficiency
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Gentle Sloping, Landscaped, Lawn
  • Lot Size Sq Ft: 6528.00
  • Lot Size Acres: 0.1499

Multi Family

  • Lot Size Area: 6528.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2011.10
  • Tax Lot: 53
  • Tax Tract Number: 3455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Feb 12, 2019
Sold by
Starlight Capital Group Llc
Bought by
Bacharach Jeremy and Guy Leslie A
Seller's Agent
Michelle Lin
Smart Realty Group
Buyer's Agent
Herbert Flores
Uptown, Realtors
List Price
$935,000
Sold Price
$915,000
Premium/Discount to List
-$20,000
-2.14%
Current Estimated Value
$1,368,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,425
Avg. Annual Appreciation
6.19%
Original Mortgage
$823,408
Outstanding Balance
$722,447
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$645,978

Purchase Details

Closed on
Aug 13, 2018
Sold by
Starlight Capital Group Llc
Bought by
Starlight Capital Group Llc and Blue Sea International Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2018
Sold by
Smith Margo
Bought by
Starlight Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2008
Sold by
Chacon Dora V
Bought by
Chacon Dora

Purchase Details

Closed on
Jul 29, 1997
Sold by
Chacon Dora V
Bought by
Chacon Dora

Purchase Details

Closed on
Nov 23, 1993
Sold by
Chacon Dora V
Bought by
Chacon Dora and Smith Margo

Purchase Details

Closed on
Mar 15, 1993
Sold by
Chacon Alfonso L and Chacon Hermelinda
Bought by
Chacon Dora
Source: Public Records

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
Bacharach Jeremy $915,000 Old Republic Title Co
Starlight Capital Group Llc $80,500 None Available
Starlight Capital Group Llc $590,000 Old Republic Title Company
Chacon Dora -- None Available
Chacon Dora -- --
Chacon Dora -- Southland Title
Chacon Dora -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacharach Jeremy $823,408
Previous Owner Starlight Capital Group Llc $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $915,000 -2.1% $140 / Sq Ft
12/18/2018 12/18/18 For Sale $935,000 -- $143 / 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 $12,335 $1,062,313 $713,931 $348,382
2024 $12,335 $1,000,684 $699,933 $300,751
2023 $12,097 $981,063 $686,209 $294,854
2022 $11,534 $961,827 $672,754 $289,073
2021 $11,392 $942,968 $659,563 $283,405
2020 $11,507 $933,300 $652,800 $280,500
2019 $8,445 $693,070 $472,000 $221,070
2018 $1,790 $130,045 $20,683 $109,362
2016 $1,697 $124,997 $19,881 $105,116
2015 $1,675 $123,121 $19,583 $103,538
2014 $1,690 $120,710 $19,200 $101,510
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michelle Lin

    Smart Realty Group

    Section Image

  • H

    Buyer's Agent in 2019

    Herbert Flores

    Uptown, Realtors

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18293345

California Regional Multiple Listing Service (CRMLS)

APN: 5307-021-017

California Los Angeles County Los Angeles 90032 El Sereno

4420 Portola Ave, Los Angeles, CA

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