NOT LISTED FOR SALE

4706 Hammel St Los Angeles, CA 90022

Estimated Value: $602,163

2 Beds
2 Baths
2,061 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $365,000 $177 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,818/month

91 Days on Market

About This Home

As of June 2017

Mixed use, retail store (street front approximately 40 feet) with 3 private parking spaces. Rear unit comes with a 2-bed 1-bath and 1 car garage. Both units are in need of some TLC. Just east of 710 Fwy, North of E. Cesar Chavez. Centrally located, minutes to East LA City College, Cal State Los Angeles, Downtown Los Angeles. 2 separate address, 2 electric meter, 2 gas meter, 1 water meter. This listing is also listed under Commercial Sale. MLS# WS17051969. PLEASE DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Kiet Do

KO TAI REALTY License #01917495 Listed on: 03/16/2017

KO TAI REALTY

Last Buyer's Agent

Kiet Do

KO TAI REALTY License #01917495 Listed on: 03/16/2017

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,740

Year Built

  • Built in 1928

Lot Details

  • 5,266 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,061 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 186
  • Tax Tract Number 4949
  • Assessor Parcel Number 5235019012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $2,000
  • Water Sewer Expense $300
  • New Taxes Expense $6,370
  • Operating Expense $9,470
  • Gross Income $39,612
  • Net Operating Income $29,361

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,740

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • CapRate: 7.53
  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: LCR2*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5235019012
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 177.10

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5266.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 39612.00
  • Gross Multiplier: 9.74
  • Gross Operating Income: 38831.00
  • Gross Scheduled Income: 40032.00
  • Insurance Expense: 800.00
  • Maintenance Expense: 2000.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 29361.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9470.00
  • Rent Control: No
  • Total Actual Rent: 3301.00
  • Total Expenses: 9470.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6370.00
  • Tax Census Tract: 5305.00
  • Tax Lot: 186
  • Tax Tract Number: 4949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 16, 2017
Sold by
Wu Wei Yee and Yow Woo Chang 2007 Living Trus
Bought by
Zoey Design Llc
Seller's Agent
Kiet Do
KO TAI REALTY
Buyer's Agent
Kiet Do
KO TAI REALTY
List Price
$498,000
Sold Price
$365,000
Premium/Discount to List
-$133,000
-26.71%
Current Estimated Value
$602,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,163
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
May 29, 2007
Sold by
Chang Yow Woo
Bought by
Chang Yow Woo and Yow Woo Chang 2007 Living Trus
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
Zoey Design Llc $365,000 Chicago Title Company
Chang Yow Woo -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $365,000 -6.4% $177 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $390,000 -6.7% $189 / Sq Ft
04/28/2017 04/28/17 Price Changed $418,000 -6.7% $203 / Sq Ft
04/07/2017 04/07/17 Price Changed $448,000 -10.0% $217 / Sq Ft
03/16/2017 03/16/17 For Sale $498,000 -- $242 / 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 $6,740 $423,608 $278,537 $145,071
2024 $6,740 $415,303 $273,076 $142,227
2023 $6,638 $407,161 $267,722 $139,439
2022 $6,371 $399,178 $262,473 $136,705
2021 $6,297 $391,352 $257,327 $134,025
2020 $6,334 $387,340 $254,689 $132,651
2019 $6,129 $379,746 $249,696 $130,050
2018 $5,994 $372,300 $244,800 $127,500
2016 $3,330 $150,566 $68,466 $82,100
2015 $3,290 $148,305 $67,438 $80,867
2014 $3,284 $145,400 $66,117 $79,283
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kiet Do

    KO TAI REALTY

    (626) 823-0067

    2 in this area

    25 Total Sales

    Kiet Do
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17054661

California Regional Multiple Listing Service (CRMLS)

APN: 5235-019-012

California Los Angeles County Los Angeles 90022

4706 Hammel St, Los Angeles, CA

This home is located at 4706 Hammel St, Los Angeles, CA 90022 since 16 March 2017 and is currently estimated at $602,163, approximately $292 per square foot. This property was built in 1928. 4706 Hammel St is a home located in Los Angeles County with nearby schools including Brooklyn Avenue Elementary School, Engineering And Technology Academy At Esteban E. Torres High No. 3, and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4.

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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