NOT LISTED FOR SALE

4653 La Mirada Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,629,744 - $1,882,000

5 Beds
5 Baths
3,081 Sq Ft
$570/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $1,135,000 $368 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,610/month

20 Days on Market

Highlights

  • 1-Story Property
  • John Marshall Senior High Rated A
  • 4-minute walk to Madison Avenue Park

About This Home

As of September 2019

We are pleased to present for sale this charming and rare single story 5 unit building in a prime pocket of East Hollywood. The property boasts (5) 1 Bedroom & 1 Bathroom Units with private patio spaces as well as parking spots for tenants. The offering provides an opportunity for astute investor to add significant value or stable income on current rents. The building is within minutes to Los Feliz, Silver Lake, Virgil Village, Hollywood and Echo Park! DO NOT DISTURB TENANTS - DRIVE BY ONLY!

Last Agent to Sell the Property

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 06/18/2019

Remax Commercial and Investment Realty

Last Buyer's Agent

Eric Dilanian

Remax Commercial and Investment Realty License #01951699 Listed on: 06/18/2019

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,595

Year Built

  • Built in 1921

Lot Details

  • 8,091

Interior Spaces

  • 3,081 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 8,091 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5542-018-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,595

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3081
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 365.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 28284
  • Assessed Land Value: 39687
  • Assessor Parcel Number: 5542-018-022
  • Geocode Override: No
  • Lot Size Area: 8091

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.72
  • Number Of Units: 5
  • Total Annual Expense: 24543
  • Type Of Units: Investment
  • Vacancy Rate: 1%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 28, 2019
Sold by
Randall Partners Ltd
Bought by
Chamoun George and Chamoun Rania
Seller's Agent
Eric Dilanian
Remax Commercial and Investment Realty
Buyer's Agent
Eric Dilanian
Remax Commercial and Investment Realty
List Price
$1,125,000
Sold Price
$1,135,000
Premium/Discount to List
$10,000
0.89%
Current Estimated Value
$1,755,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,872
Avg. Annual Appreciation
7.44%
Original Mortgage
$505,000
Outstanding Balance
$443,244
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$1,312,628

Purchase Details

Closed on
Dec 19, 1996
Sold by
Trust Randell Dorothy Tr H And D Randell
Bought by
Randell Partners Ltd

Purchase Details

Closed on
Aug 5, 1996
Sold by
Randell Dorothy and Randell Inter Vivos Trust
Bought by
Randell Dorothy and Randell Inter Vivos Trust Agre
Source: Public Records

Range of Values:

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Average Value
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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
Chamoun George $1,135,000 Commonwealth Land Title
Randell Partners Ltd -- --
Randell Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamoun George $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $1,135,000 +0.9% $368 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $1,125,000 -- $365 / 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 $15,595 $1,241,283 $874,915 $366,368
2024 $15,595 $1,216,945 $857,760 $359,185
2023 $15,306 $1,193,085 $840,942 $352,143
2022 $14,621 $1,169,692 $824,453 $345,239
2021 $14,442 $1,146,758 $808,288 $338,470
2020 $14,593 $1,135,360 $800,000 $335,360
2019 $1,802 $71,074 $41,289 $29,785
2018 $1,638 $69,689 $40,480 $29,209
2016 $1,507 $66,639 $38,909 $27,730
2015 $1,496 $65,639 $38,325 $27,314
2014 $1,536 $64,354 $37,575 $26,779
Source: Public Records

Agents Affiliated with this Home

  • Eric Dilanian

    Seller's Agent in 2019

    Eric Dilanian

    RE/MAX

    (213) 233-4379

    42 Total Sales

    Eric Dilanian
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Map

Source: The MLS

MLS Number: 19-479444

The MLS

APN: 5542-018-022

California Los Angeles County Los Angeles 90029 East Hollywood

4653 La Mirada Ave, Los Angeles, CA

This home is located at 4653 La Mirada Ave, Los Angeles, CA 90029 since 18 June 2019 and is currently estimated at $1,755,872, approximately $569 per square foot. This property was built in 1921. 4653 La Mirada Ave is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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