NOT LISTED FOR SALE

Estimated Value: $851,000 - $1,053,000

4 Beds
2 Baths
1,920 Sq Ft
$486/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $580,000 $302 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,561/month

15 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Living Room
  • Tile Flooring

About This Home

As of December 2017

Two spacious units, well kept with a total square footage of 1,920 of living space. Lot size: 4,801 sqft. Year Built: 1924. Each unit has 2 bedrooms 1 bath. 2-Car detached garage. A sizable basement area for storage, gym, or bonus room. Excellent location close to Alhambra, South Pasadena, Montecito Heights, Lincoln Heights, Cal State LA, Downtown LA, and public transportation. Easy access to 10 and 710 freeways. Great potential investment opportunity for income or to live in. Separate electric and gas meters. Private backyard with fruit trees. Property is located in desirable El Sereno area close to Valley and Eastern Ave. Rent control. One unit is currently tenant occupied. Tenants are month-to-month. One unit is occupied by the family member.
Seller's mother passed away by natural causes at the age of 89 on the 4642 property.
Property to be sold in " As Is" present physical condition.
First time on the market since 1965.

Last Agent to Sell the Property

Ellen Fu

High Ten Partners, Inc. License #00774584 Listed on: 11/14/2017

High Ten Partners, Inc.

Last Buyer's Agent

Mary Harman

Landmark Realty Services License #00860794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,083

Year Built

  • Built in 1924

Lot Details

  • 4,801 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • Window Screens
  • Living Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 6837
  • Assessor Parcel Number 5215027013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $780
  • Insurance Expense $547
  • Trash Expense $558
  • Water Sewer Expense $558
  • New Taxes Expense $7,250
  • Operating Expense $9,693
  • Gross Income $38,400
  • Net Operating Income $28,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,083

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.90
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 558.00
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5215027013
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 302.08
  • Room Type: Basement, Kitchen, Laundry, Living Room
  • Window Features: Screens

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 558.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4801.00

Multi Family

  • Electric Expense: 780.00
  • Gross Income: 38400.00
  • Gross Multiplier: 15.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 547.00
  • Net Operating Income: 28707.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9693.00
  • Rent Control: Yes
  • Total Expenses: 9693.00

Tax Info

  • New Taxes Expense: 7250.00
  • Tax Census Tract: 2014.02
  • Tax Lot: 109
  • Tax Tract Number: 6837

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Murguia Manuel J and Murguia Carol Ann
Bought by
Murguia Manuel J and Murguia Carol A
Current Estimated Value
$933,619

Purchase Details

Closed on
Aug 9, 1994
Sold by
Carbajal Jaime V
Bought by
Carbajal Rosa Maria

Purchase Details

Closed on
Jul 27, 1994
Sold by
Alvarez Ysidro D
Bought by
Alvarez Ysidro D and Alvarez Socorro G
Source: Public Records

Range of Values:

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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
Murguia Manuel J -- None Available
Carbajal Rosa Maria -- --
Alvarez Ysidro D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2017 12/27/17 Sold $580,000 0.0% $302 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $580,000 -- $302 / 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 $8,083 $659,937 $455,130 $204,807
2024 $8,083 $646,998 $446,206 $200,792
2023 $7,929 $634,312 $437,457 $196,855
2022 $7,563 $621,876 $428,880 $192,996
2021 $7,466 $609,683 $420,471 $189,212
2019 $7,244 $591,600 $408,000 $183,600
2018 $7,172 $580,000 $400,000 $180,000
2017 $747 $50,228 $15,397 $34,831
2016 $706 $49,245 $15,096 $34,149
2015 $698 $48,507 $14,870 $33,637
2014 $713 $47,558 $14,579 $32,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17257515

California Regional Multiple Listing Service (CRMLS)

APN: 5215-027-013