NOT LISTED FOR SALE

4607 Orchard Ave Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $757,000 - $1,328,298

3 Beds
2 Baths
2,003 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $525,000 $262 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,820/month

111 Days on Market

Highlights

  • No HOA
  • Property is near a preserve or public land
  • 4-minute walk to Julian C. Dixon Park
  • Laundry Room
  • Carpet

About This Home

As of March 2018

Excellent Income producing property in the Heart of LA! This Unique property consist of 2 Separate Single Family houses that span across two different Streets. Front house 4607 Orchard ave , 2 bd/1 bath with a basement currently occupied with long term tenants. 4609 Orchard 1 bdrm 1 bath , New carpet and remodeled Bath and has its own separate entrance on the side of the house. 4608 Menlo ave, Spacious 1 bdrm/ 1 bath with new electrical, plumbing, Kitchen cabinets and Granite counter tops and both units have inside laundry rooms. 2 Separate meters and long driveway. RD3 zoned, Near USC, Los Angeles Natural History Museum, Exposition park, and BANC of CALIF First open-air New Soccer Stadium. Perfect for homeowners or Investors to live in one and rent the others. Title shows 2 units, Front house of record 3 bdrm 1 bath. Buyer's to conduct their own due diligence . Don't miss out of this excellent opportunity!!!

Last Agent to Sell the Property

Jennifer Concha

Century 21 Allstars License #01867667 Listed on: 10/12/2017

Century 21 Allstars

Last Buyer's Agent

Jason Lowery

Keller Williams Beverly Hills License #01817345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1911

Lot Details

  • 6,005 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 2,003 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Driveway

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 2321
  • Assessor Parcel Number 5018006016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Property is near a preserve or public land

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,441

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 5018006016
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 262.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6005.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2321.10
  • Tax Lot: 11
  • Tax Tract Number: 2321.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Feb 2, 2018
Sold by
Cotk Investments Llc
Bought by
Stephens Ashley Joy
Seller's Agent
Jennifer Concha
Century 21 Allstars
Buyer's Agent
Jason Lowery
Keller Williams Beverly Hills
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$975,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,825
Avg. Annual Appreciation
8.20%
Original Mortgage
$515,475
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 12, 2017
Closed on
Apr 7, 2017
Sold by
Wong Caroline and Lela Mae Wong Exemption Trust
Bought by
Cotk Investments Llc
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jennifer Concha
Century 21 Allstars
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.62%
Original Mortgage
$348,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Wong Sam S F and Wong Family Trust
Bought by
Wong Sam S F and Lela Mae Wong Exemption Trust

Purchase Details

Closed on
Feb 28, 2000
Sold by
Wong Sam S
Bought by
Wong Sam S F and Wong Lela Mae
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stephens Ashley Joy $525,000 North American Title Company
Cotk Investments Llc $410,000 North American Title Company
Wong Sam S F -- --
Wong Sam S F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Ashley Joy $518,000
Closed Stephens Ashley Joy $515,475
Previous Owner Cotk Investments Llc $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $525,000 -0.9% $262 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/27/2017 12/27/17 Price Changed $529,900 -1.9% $265 / Sq Ft
12/02/2017 12/02/17 Price Changed $539,900 +22.7% $270 / Sq Ft
12/01/2017 12/01/17 Price Changed $439,900 -19.3% $220 / Sq Ft
11/06/2017 11/06/17 Price Changed $545,000 -0.9% $272 / Sq Ft
10/12/2017 10/12/17 For Sale $549,900 +34.1% $275 / Sq Ft
04/21/2017 04/21/17 Sold $410,000 -3.5% $205 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $425,000 -- $212 / 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 $7,441 $597,356 $443,752 $153,604
2024 $7,441 $585,644 $435,051 $150,593
2023 $7,305 $574,162 $426,521 $147,641
2022 $6,980 $562,905 $418,158 $144,747
2021 $6,886 $551,868 $409,959 $141,909
2020 $6,951 $546,210 $405,756 $140,454
2019 $6,687 $535,500 $397,800 $137,700
2018 $5,381 $418,200 $334,560 $83,640
2016 $685 $28,120 $21,099 $7,021
2015 $680 $27,699 $20,783 $6,916
2014 $699 $27,157 $20,376 $6,781
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Concha

    Seller's Agent in 2018

    Jennifer Concha

    Century 21 Allstars

    (562) 231-3700

    50 Total Sales

    Jennifer Concha
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Lowery

    Keller Williams Beverly Hills

  • Michael Millea

    Seller's Agent in 2017

    Michael Millea

    Lyon Stahl Investment Real Estate, Inc.

    (310) 251-2083

    1 in this area

    41 Total Sales

    Michael Millea
    Section Image
  • Danielle Fader

    Seller Co-Listing Agent in 2017

    Danielle Fader

    DOMO Real Estate

    (310) 939-9300

    Danielle Fader
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17234262

California Regional Multiple Listing Service (CRMLS)

APN: 5018-006-016

California Los Angeles County Los Angeles 90037 Vermont Square

4607 Orchard Ave, Los Angeles, CA

This home is located at 4607 Orchard Ave, Los Angeles, CA 90037 since 12 October 2017 and is currently estimated at $975,825, approximately $487 per square foot. This property was built in 1911. 4607 Orchard Ave is a home located in Los Angeles County with nearby schools including Marguerite Poindexter Lamotte Elementary, Dr. James Edward Jones Primary Center, and Barack Obama Global Preparation Academy.

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.

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

Nearby Homes