NOT LISTED FOR SALE

4448 Van Horne Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $746,000 - $1,362,934

4 Beds
2 Baths
1,602 Sq Ft
$570/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $356,500 $223 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $5,260/month

7 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Abraham Lincoln High School Rated A
  • Mountain View
  • 4-minute walk to Guardia Park

About This Home

As of December 2013

Great income potential! Duplex in great location, good condition with minor TLC and with swimming pool in a Cul-De-Sac street! Each unit features 2 bedrooms, 1 bathroom, and one attached car garage. Flooring for both units has combination of carpet, hardwood floor that will look great with a refinish treatment, granite counter top and wood kitchen cabinet. Unit 4450 has 3/4 bathroom. Unit 4448 has full bathrooms. It's is located One minute away from South Pasadena, close to Alhambra, Downtown Los Angeles, and Pasadena and conveniently close to transportation, restaurants, Costco, supermarkets. Good neighborhood. Motivated seller. Standard Sale.

Last Agent to Sell the Property

ROSA REYES

High Ten Partners, Inc. License #01440636 Listed on: 11/08/2013

High Ten Partners, Inc.

Last Buyer's Agent

ROSA REYES

High Ten Partners, Inc. License #01440636 Listed on: 11/08/2013

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1958

Lot Details

  • 6,490 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • 1,602 Sq Ft Home
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Pool

  • In Ground Pool
  • Permits for Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 3455
  • Assessor Parcel Number 5307022017

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $360
  • Water Sewer Expense $720
  • New Taxes Expense $4,375
  • Gross Income $2,700
  • Net Operating Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,528

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5307022017
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 222.53
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Mountain(s), Neighborhood
  • Pool Features: In Ground, Permits, Private
  • Pool Private: Yes
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills, Street Lights, Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6490.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 801
  • Average2 Bed Area: 801
  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6490.0000 Square Feet
  • Net Operating Income: 24300.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8100.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Lot: 24
  • Tax Tract Number: 3455
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Nov 20, 2013
Sold by
Preciado Ricardo
Bought by
Su Dachuan and Zhu Quan Mei
Seller's Agent
ROSA REYES
High Ten Partners, Inc.
Buyer's Agent
ROSA REYES
High Ten Partners, Inc.
List Price
$350,000
Sold Price
$356,500
Premium/Discount to List
$6,500
1.86%
Current Estimated Value
$912,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,984
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
May 1, 1997
Sold by
Preciado Ricardo J and Preciado Maria
Bought by
Preciado Ricardo
Source: Public Records

Range of Values:

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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
Su Dachuan $356,500 Wfg Title Company Of Ca
Preciado Ricardo -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2013 12/04/13 Sold $356,500 +1.9% $223 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $350,000 -- $218 / 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 $5,528 $437,008 $306,461 $130,547
2024 $5,528 $428,440 $300,452 $127,988
2023 $5,426 $420,040 $294,561 $125,479
2022 $5,181 $411,805 $288,786 $123,019
2021 $5,114 $403,731 $283,124 $120,607
2019 $4,967 $391,758 $274,727 $117,031
2018 $4,836 $384,078 $269,341 $114,737
2016 $4,615 $369,166 $258,883 $110,283
2015 $4,549 $363,622 $254,995 $108,627
2014 $4,576 $356,500 $250,000 $106,500
Source: Public Records

Agents Affiliated with this Home

  • ROSA REYES

    Seller's Agent in 2013

    ROSA REYES

    High Ten Partners, Inc.

    (626) 260-0730

    1 in this area

    18 Total Sales

    ROSA REYES
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13228065

California Regional Multiple Listing Service (CRMLS)

APN: 5307-022-017

California Los Angeles County Los Angeles 90032 El Sereno

4448 Van Horne Ave, Los Angeles, CA

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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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