NOT LISTED FOR SALE

4611 Fern Place Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $737,122 - $1,019,000

4 Beds
4 Baths
2,281 Sq Ft
$379/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $333,000 $146 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,157/month

184 Days on Market

About This Home

As of May 2013

Good income property with four one bedroom units. Earns over $3,100/month when fully-occupied. Located in El Serreno, near Chinatown, Downtown & USC Medical Center. Long-term tenants in the 2 units in the front house. 4615 is paying $795/month and 4615 1/2 is paying $687/month. The back duplex tenant is paying $800. 4th unit was paying $825 (recently vacated). Rents were increased 3% in July 2013. Insurance expense includes earthquake insurance. Maintenance varies, so is not quoted.
Per tax records, front house (4615) was built in 1905 and back building (4611) was built in 1940. All units are one bedroom and one bath. Property has been used as a fourplex for many years and registered and inspected by LA Rent Control as such. Some city records show triplex, so buyer to verify use and rebuild options. Offers Subject To Inspection please, so as not to disturb the tenants.

Last Agent to Sell the Property

Tashia Hinchliffe

Estate Properties License #01245590 Listed on: 10/08/2012

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 1905

Lot Details

  • 8,749 Sq Ft Lot

Home Design

  • 2,281 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 94
  • Assessor Parcel Number 5305041019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,042
  • Water Sewer Expense $2,100
  • New Taxes Expense $5,278
  • Operating Expense $9,420
  • Gross Income $2,282
  • Net Operating Income $17,964

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,416

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Parcel Number: 5305041019
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Levels: One
  • Price Per Square Foot: 145.99

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8749.00
  • Lot Size Acres: 0.2010

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2282.00
  • Gross Scheduled Income: 27384.00
  • Insurance Expense: 2042.00
  • Lot Size Area: 8749.0000 Square Feet
  • Net Operating Income: 17964.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 9420.00
  • Rent Control: Yes
  • Total Actual Rent: 2282.00
  • Total Expenses: 9420.00

Tax Info

  • New Taxes Expense: 5278.00
  • Tax Lot: 94
  • Tax Annual Amount: 3416.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Kroger William S and Kroger Jill D
Bought by
William And Jill Kroger Family Trust and Kroger
Current Estimated Value
$863,531

Purchase Details

Listed on
Oct 8, 2012
Closed on
May 3, 2013
Sold by
Vendler David J and Vendler Xianchun J
Bought by
Kroger William S and Kroger Jill D
Seller's Agent
Tashia Hinchliffe
Estate Properties
List Price
$375,000
Sold Price
$333,000
Premium/Discount to List
-$42,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$249,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Vendler David J and Vendler Xianchun J

Purchase Details

Closed on
Nov 20, 2009
Sold by
Kirk Miriam Cristina
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 21, 2007
Sold by
Kirk Miriam Cristina
Bought by
Kirk Richard and Kirk Miriam Cristina

Purchase Details

Closed on
Oct 5, 2006
Sold by
Solis Micaela
Bought by
Kirk Miriam Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Kirk Richard
Bought by
Kirk Miriam Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bagues Juan and Bagues Isabel
Bought by
Solis Micaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Hollinger Jerry and Morales Sandra
Bought by
Bagues Juan and Bagues Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2002
Sold by
Estrada Jose A
Bought by
Hollinger Jerry and Morales Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,005
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1998
Sold by
Gayl Margaret and The Gayl Family Trust
Bought by
Estrada Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 1998
Sold by
Montalvo Louis and Montalvo Martha B
Bought by
Gayl Margaret and The Gayl Family 1997 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,102
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
William And Jill Kroger Family Trust -- None Listed On Document
Kroger William S $333,000 Progressive Title Company
Vendler David J $240,000 Landsafe Title
Deutsche Bank National Trust Company $255,000 Landsafe Title
Kirk Richard -- None Available
Kirk Miriam Cristina $460,000 Landsafe Title
Kirk Miriam Cristina -- Landsafe Title
Solis Micaela $380,000 Orange Coast Title Company
Bagues Juan $265,000 United Title Company
Hollinger Jerry $215,000 Commonwealth Title
Estrada Jose A $135,000 Southland Title
Gayl Margaret $85,909 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kroger William S $249,750
Previous Owner Kirk Miriam Cristina $391,000
Previous Owner Solis Micaela $30,000
Previous Owner Solis Micaela $405,000
Previous Owner Solis Micaela $304,000
Previous Owner Bagues Juan $260,905
Previous Owner Hollinger Jerry $212,005
Previous Owner Estrada Jose A $134,102
Closed Solis Micaela $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $333,000 -11.2% $146 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
10/08/2012 10/08/12 For Sale $375,000 -- $164 / 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 $5,428 $410,050 $270,907 $139,143
2024 $5,428 $402,011 $265,596 $136,415
2023 $5,332 $394,130 $260,389 $133,741
2022 $5,102 $386,403 $255,284 $131,119
2021 $5,033 $378,828 $250,279 $128,549
2019 $4,894 $367,593 $242,856 $124,737
2018 $4,705 $360,387 $238,095 $122,292
2016 $4,486 $346,395 $228,850 $117,545
2015 $4,424 $341,193 $225,413 $115,780
2014 $4,465 $334,511 $220,998 $113,513
Source: Public Records

Agents Affiliated with this Home

  • Tashia Hinchliffe

    Seller's Agent in 2013

    Tashia Hinchliffe

    Estate Properties

    (310) 383-7057

    18 Total Sales

    Tashia Hinchliffe
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12125463

California Regional Multiple Listing Service (CRMLS)

APN: 5305-041-019

California Los Angeles County Los Angeles 90032 El Sereno

4611 Fern Place, Los Angeles, CA

This home is located at 4611 Fern Place, Los Angeles, CA 90032 since 08 October 2012 and is currently estimated at $863,531, approximately $378 per square foot. This property was built in 1905. 4611 Fern Place is a home located in Los Angeles County with nearby schools including Huntington Drive Elementary School, El Sereno Middle School, and Abraham Lincoln High School.

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

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