NOT LISTED FOR SALE

470 Rainbow Ave Los Angeles, CA 90065

Mount Washington Neighborhood

Estimated Value: $78,000

0.12 Acre
$678,261 Price per Acre
4,994 Sq Ft Lot

Last Sold March 15, 2014

Last sale price $35,000

Est. 123% increase in value since last sale

Current estimated payment $465/month

100 Days on Market

Highlights

  • View of Trees or Woods
  • Mt. Washington Elementary Rated A-
  • No HOA

About This Lot

As of March 2014

Substantial price reduction!! Nice parcel with down slope; view lot perfect for new construction on quiet out-of-the-way street. Great panoramic views of Mount Washington neighborhood, trees and woods. Sewer and utilities available at street.

Last Agent to Sell the Property

Monico Robles

L & M Realty License #01810766 Listed on: 11/11/2013

Last Buyer's Agent

Monico Robles

L & M Realty License #01810766 Listed on: 11/11/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,123

Lot Details

  • 4,994 Sq Ft Lot
  • Property is zoned LAA1

Property Views

  • Woods
  • Canyon
  • Hills
  • Neighborhood

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5465008021

Property Details

Property Type

Land

Est. Annual Taxes

$1,123

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LAA1
  • Property Type: Land
  • Parcel Number: 5465008021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 7.01

Exterior Features

  • View: Canyon, Hills, Neighborhood, Trees/Woods

Utilities

  • Utilities: Sewer Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Current Geological: No
  • Lot Size Sq Ft: 4994.00
  • Lot Size Acres: 0.1150

Multi Family

  • Lot Size Area: 4994.0000 Square Feet

Tax Info

  • Tax Annual Amount: 1123.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2018
Sold by
Murray Emily Lane
Bought by
Murray Emily L and Murray Finnian L
Current Estimated Value
$78,000

Purchase Details

Listed on
Nov 11, 2013
Closed on
Mar 6, 2014
Sold by
Cortez Lydia
Bought by
Robles Monico
Seller's Agent
Monico Robles
L & M Realty
Buyer's Agent
Monico Robles
L & M Realty
List Price
$72,500
Sold Price
$35,000
Premium/Discount to List
-$37,500
-51.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Listed on
Nov 11, 2013
Closed on
Feb 21, 2014
Sold by
Robles Monico
Bought by
Murray Emily Lane and Murray Finnian
Seller's Agent
Monico Robles
L & M Realty
Buyer's Agent
Monico Robles
L & M Realty
List Price
$72,500
Sold Price
$35,000
Premium/Discount to List
-$37,500
-51.72%

Purchase Details

Closed on
Sep 17, 2009
Sold by
Pomona Minors Co
Bought by
Robles Monico

Purchase Details

Closed on
Aug 1, 1994
Sold by
Madan B K B and Madan Ritu
Bought by
Pomona Minors Co and B K Madan Family Trust

Purchase Details

Closed on
Oct 1, 1993
Sold by
Pomona Minors Co
Bought by
Madan Sawan
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
Murray Emily L -- None Available
Robles Monico -- Provident Title Company
Murray Emily Lane $35,000 Provident Title Company
Robles Monico $14,009 None Available
Madan Sawan $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pomona Minors Co $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2014 03/15/14 Sold $35,000 -51.7% --
02/19/2014 02/19/14 Pending -- -- --
11/11/2013 11/11/13 For Sale $72,500 -- --
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 $532 $42,900 $42,900 --
2024 $532 $42,059 $42,059 --
2023 $522 $41,235 $41,235 $0
2022 $494 $40,427 $40,427 $0
2021 $489 $39,635 $39,635 $0
2019 $473 $38,460 $38,460 $0
2018 $471 $37,706 $37,706 $0
2016 $448 $36,243 $36,243 $0
2015 $441 $35,699 $35,699 $0
2014 $1,108 $89,503 $89,503 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Monico Robles

    L & M Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13229096

California Regional Multiple Listing Service (CRMLS)

APN: 5465-008-021

California Los Angeles County Los Angeles 90065 Mount Washington

470 Rainbow Ave, Los Angeles, CA

This home is located at 470 Rainbow Ave, Los Angeles, CA 90065 since 11 November 2013 and is currently estimated at $78,000. 470 Rainbow Ave is a home located in Los Angeles County with nearby schools including Mt. Washington Elementary, Latona Avenue Elementary School, and Florence Nightingale Middle.

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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