NOT LISTED FOR SALE

4451 Clarissa Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,982,000 - $2,510,000

8 Beds
4 Baths
5,337 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $1,922,000 $360 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,257/month

25 Days on Market

Highlights

  • Wood Flooring
  • Laundry closet
  • Central Heating and Cooling System
  • Franklin Avenue Elementary Rated A-

About This Home

As of January 2023

Buildings like 4451 Clarissa Ave are the originals from which the New Urbanism movement draws inspiration. Proximity to transportation, great restaurants and shopping, style that evokes classic urban architecture, streetscapes at a human scale, and nearby job centers and recreation are the amenities that ensure these four units will always command high rents. The two-bedroom, one-bath units are spacious--each around 1,200 SF--with high ceilings, arched doorways, hardwood floors, built-in linen cabinets, laundry, and central heat and air in each unit. This is a classic building that makes financial sense.

Last Agent to Sell the Property

Joseph Lightfoot

Sotheby's International Realty License #01234765 Listed on: 11/14/2022

Sotheby's International Realty

Last Buyer's Agent

Andrew Maleski

ACM Properties License #00891944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,082

Year Built

  • Built in 1931

Lot Details

  • 3,840

Parking

  • On-Street Parking

Interior Spaces

  • 5,337 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • 3,840 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5590-010-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,082

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Buildings like 4451 Clarissa Ave are the originals from which the New Urbanism movement draws inspiration. Proximity to transportation, great restaurants and shopping, style that evokes classic urban architecture, streetscapes at a human scale, and nearby job centers and recreation are the amenities that ensure these four units will always command high rents. The four two-bedroom, one-bath units are spacious--each around 1,200 SF--with high ceilings, arched doorways, hardwood floors, built-in linen cabinets, with laundry and central heat and air in each unit. If your heart is set on a classic building that makes financial sense, offers **immediate upside**, and works for a 1031 or owner-user, look no further.
  • Alley: Yes
  • Living Area: 5337
  • Lot Acreage: 0.0882
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile, Linoleum
  • Bedrooms: 8
  • Laundry: Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Dryer, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 373.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 44.95
  • Assessed Improvement Value: 980000
  • Assessed Land Percent: 55.05
  • Assessed Land Value: 1200000
  • Total Assessed Value: 2180000
  • Assessor Parcel Number: 5590-010-015
  • Lot Size Area: 3840

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.46
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Flats
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 10, 2023
Sold by
Shilling Kaile L
Bought by
4451 Clarissa Ave Llc
Seller's Agent
Joseph Lightfoot
Sotheby's International Realty
Buyer's Agent
Andrew Maleski
ACM Properties
List Price
$1,995,000
Sold Price
$1,922,000
Premium/Discount to List
-$73,000
-3.66%
Views
14
Current Estimated Value
$2,145,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,044
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Aug 30, 2019
Sold by
Shilling Kaile L and Shilling Kaitlin A
Bought by
Shilling Kaile L and Shilling Anne Kaitlin

Purchase Details

Closed on
Sep 30, 2016
Sold by
Porter Abe
Bought by
Shilling John D and John D Shilling Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Porter Abe
Bought by
Porter Abe and Porter Nancy Elizabeth

Purchase Details

Closed on
Jan 18, 2007
Sold by
Porter Abe
Bought by
Porter Abe and Porter Nancy Elizabeth

Purchase Details

Closed on
Nov 2, 2006
Sold by
Porter Abe
Bought by
Porter Abe and Porter Nancy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1999
Sold by
Porter Abe
Bought by
Porter Abe and Porter Nancy Elizabeth

Purchase Details

Closed on
Aug 17, 1998
Sold by
Porter Nancy Elizabeth
Bought by
Porter Abe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.62%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Baumer Frederick J
Bought by
Porter Abe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.62%
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
4451 Clarissa Ave Llc $1,922,000 Equity Title
Shilling Kaile L -- Equity Title
Shilling Kaile L -- None Available
Shilling Kaile L -- None Available
Shilling John D $2,180,000 First American Title Company
Porter Abe -- None Available
Porter Abe -- Accommodation
Porter Abe -- Alliance Title Company
Porter Abe -- --
Porter Abe -- Fidelity National Title Co
Porter Abe $450,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shilling John D $550,000
Previous Owner Porter Abe $430,000
Previous Owner Porter Abe $337,500
Closed 4451 Clarissa Ave Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $1,922,000 -3.7% $360 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $1,995,000 -- $374 / 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 $24,082 $1,999,648 $1,040,400 $959,248
2024 $24,082 $1,960,440 $1,020,000 $940,440
2023 $29,730 $2,431,827 $1,338,620 $1,093,207
2022 $28,340 $2,384,145 $1,312,373 $1,071,772
2021 $27,982 $2,337,398 $1,286,641 $1,050,757
2020 $28,270 $2,313,432 $1,273,449 $1,039,983
2019 $27,139 $2,268,072 $1,248,480 $1,019,592
2018 $27,032 $2,223,600 $1,224,000 $999,600
2016 $7,456 $595,930 $331,074 $264,856
2015 $7,350 $586,979 $326,101 $260,878
2014 $7,396 $575,482 $319,714 $255,768
Source: Public Records

Agents Affiliated with this Home

  • Joseph Lightfoot

    Seller's Agent in 2023

    Joseph Lightfoot

    Sotheby's International Realty

    (213) 700-4438

    1 in this area

    20 Total Sales

    Joseph Lightfoot
    Section Image
  • Andrew Maleski

    Buyer's Agent in 2023

    Andrew Maleski

    ACM Properties

    (213) 422-2944

    2 in this area

    14 Total Sales

    Andrew Maleski
    Section Image
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Map

Source: The MLS

MLS Number: 22-218623

The MLS

APN: 5590-010-015

California Los Angeles County Los Angeles 90027 Los Feliz

4451 Clarissa Ave, Los Angeles, CA

This home is located at 4451 Clarissa Ave, Los Angeles, CA 90027 since 14 November 2022 and is currently estimated at $2,145,044, approximately $401 per square foot. This property was built in 1931. 4451 Clarissa 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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