NOT LISTED FOR SALE

4510 N Figueroa St Unit 4 Los Angeles, CA 90065

Estimated Value: $1,032,000 - $1,440,000

3 Beds
5 Baths
2,850 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $590,000 $207 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,656/month

55 Days on Market

About This Home

As of June 2013

Pending cancelation of current escrow.This lovely income property consists of 4 units. County assessor has this zoned at LAC2 4Plex. Buyer to confirm and satisfy themselves.There are two studio apartments, and three one bedroom apartments. The back stand alone building is separated by a relaxing garden oasis and is currently vacant. The owner has turned down $1400 a month rent for this unit as it would make a perfect owner occupied unit. Otherwise, it will rent quick in today's market.There are separate electric meters which the tenants pay. Owner pays water, gas and trash. Plumbing and electrical systems have been upgraded throughout both buildings.This building is close to the 110 freeway, the Metro Gold Line, Downtown Los Angeles, Highland Park, and South Pasadena.Please do not disturb the occupants as this is a drive by only until your offer is accepted.

Last Agent to Sell the Property

Jo O'key

Keller Williams Realty Los Feliz License #01452053 Listed on: 02/19/2013

Keller Williams Realty Los Feliz

Last Buyer's Agent

April Hao

License #01930490

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,432

Year Built

  • Built in 1922

Lot Details

  • 6,997 Sq Ft Lot

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

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

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5467-007-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,432

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2850
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 203.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 130000
  • Assessed Land Value: 370000
  • Assessor Parcel Number: 5467-007-010
  • Geocode Override: No
  • Lot Size Area: 6997

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.00
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 5 apartments
  • Vacancy Rate: 20%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2013
Sold by
Iketani Daniel
Bought by
Buckley Erin C
Current Estimated Value
$1,261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,600
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Khanna Patricia
Bought by
Iketani Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Khanna Raj
Bought by
Khanna Particia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Cruz Kirsio and Cruz Minerva A
Bought by
Khanna Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Fernandez Noe and Cruz Kirsio
Bought by
Munoz Cruz Kirsio and Munoz Cruz Minerva Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.82%

Purchase Details

Closed on
Oct 7, 1997
Sold by
Atlantic National Trust Ltd Liability Co
Bought by
Pier Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 1997
Sold by
Pier Properties Inc
Bought by
Fernandez Noe and Cruz Kirsio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1997
Sold by
Trinidad Jose and Atlantic National Trust Llc
Bought by
Atlantic National Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,695
Interest Rate
7.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 1996
Sold by
Rosenthal Peter and Rosenthal Barbara C
Bought by
Foothill Conveyance Corp
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
Buckley Erin C $590,000 Provident Title Company
Iketani Daniel $540,090 Stewart Title Of California
Khanna Particia -- First American Title Co Los
Khanna Patricia $450,000 Fatcola
Munoz Cruz Kirsio -- Commerce Title
Pier Properties Inc $16,000 First American Title Co
Fernandez Noe $16,000 First American Title Co
Atlantic National Trust Llc $120,000 Fidelity National Title Ins
Foothill Conveyance Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Erin C $666,600
Previous Owner Iketani Daniel $100,000
Previous Owner Iketani Daniel $117,000
Previous Owner Iketani Daniel $432,000
Previous Owner Khanna Patricia $382,500
Previous Owner Munoz Cruz Kirsio $166,000
Previous Owner Fernandez Noe $149,000
Previous Owner Pier Properties Inc $148,695
Closed Khanna Patricia $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $590,000 +1.7% $207 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $580,000 -- $204 / 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 $9,432 $726,531 $508,575 $217,956
2024 $9,432 $712,286 $498,603 $213,683
2023 $9,262 $698,321 $488,827 $209,494
2022 $8,861 $684,630 $479,243 $205,387
2021 $8,748 $671,207 $469,847 $201,360
2020 $8,826 $664,326 $465,030 $199,296
2019 $8,503 $651,301 $455,912 $195,389
2018 $8,377 $638,531 $446,973 $191,558
2017 $8,159 $626,011 $438,209 $187,802
2016 $7,963 $613,737 $429,617 $184,120
2015 $7,854 $604,519 $423,164 $181,355
2014 $7,899 $592,678 $414,875 $177,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-652565

The MLS

APN: 5467-007-010