NOT LISTED FOR SALE

4625 E 4th St Los Angeles, CA 90022

Estimated Value: $997,000 - $1,282,127

8 Beds
6 Baths
1,776 Sq Ft
$658/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $785,000 $442 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,155/month

15 Days on Market

Highlights

  • Central Air
  • James A. Garfield Senior High School Rated A
  • 8 Car Garage

About This Home

As of September 2020

Perfect for a first time buyer to live in one and rent the other. Featuring 2 side by side 2 story homes built in 2004. Each home has 1,776 of living square footage in one huge lot of 10,081sqft! Property is nicely divided to give the look as individual homes! The first home has 4 bedrooms and 2 1/2 bathrooms. The second home has 4 bedrooms and 2 1/2 bathrooms. Each features a central air and 2 car garage and parking spaces. This property is near it all. Near Downtown LA, Near Citadel Outlets, Near Dodger Stadium, Near Cal State LA. This one is near it all. Easy freeway access. Make your appointment TODAY!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Pacific Estates Cerritos License #01801444 Listed on: 03/16/2020

Last Buyer's Agent

Efren Martin

License #01233159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,475

Year Built

  • Built in 2004

Lot Details

  • 10,081 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Car Garage
  • Driveway

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5247-023-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,475

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1776
  • Stories: 2
  • Year Built: 2004
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 464.53

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 384800
  • Assessed Land Value: 299916
  • Assessor Parcel Number: 5247-023-034
  • Geocode Override: No
  • Lot Size Area: 10081

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Sep 8, 2020
Sold by
Lavi Farag Nekaned and The Farah Melamed Lavi Trust
Bought by
Cortez Julio Ceaser
Seller's Agent
Adrian Cafuentes
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Efren Martin
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Current Estimated Value
$1,169,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,282
Avg. Annual Appreciation
8.16%
Original Mortgage
$785,000
Outstanding Balance
$695,344
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$473,938

Purchase Details

Closed on
Dec 12, 2016
Sold by
Lavi Farah Melamed
Bought by
Lavi Farah Melamed and The Farah Melamed Lavi Trust

Purchase Details

Closed on
Mar 5, 2010
Sold by
Lavi Farah Melamed and The Farah Melamed Lavi Trust
Bought by
Lavi Farah Melamed

Purchase Details

Closed on
Jul 20, 2009
Sold by
Lavi Farah Melamed
Bought by
Lavi Farah Melamed and The Farah Melamed Lavi Trust

Purchase Details

Closed on
Dec 11, 2007
Sold by
The United States Of America
Bought by
Lavi Farah Melamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Cortez Julio Ceaser $785,000 Fidelity National Title
Lavi Farah Melamed -- None Available
Lavi Farah Melamed -- None Available
Lavi Farah Melamed -- None Available
Lavi Farah Melamed $605,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Julio Ceaser $785,000
Previous Owner Lavi Farah Melamed $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $785,000 -4.8% $442 / Sq Ft
04/22/2020 04/22/20 For Sale $825,000 0.0% $465 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/22/2020 03/22/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $825,000 -- $465 / 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 $11,475 $849,707 $524,978 $324,729
2024 $11,475 $833,047 $514,685 $318,362
2023 $11,115 $816,714 $504,594 $312,120
2022 $10,600 $800,700 $494,700 $306,000
2021 $8,678 $785,000 $485,000 $300,000
2020 $9,955 $726,623 $318,272 $408,351
2019 $9,585 $712,377 $312,032 $400,345
2018 $9,329 $698,410 $305,914 $392,496
2017 $9,148 $684,716 $299,916 $384,800
2016 $8,921 $671,291 $294,036 $377,255
2015 $8,328 $622,000 $268,100 $353,900
2014 $8,473 $622,000 $268,100 $353,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-564518

The MLS

APN: 5247-023-034