NOT LISTED FOR SALE

4711 Union Pacific Ave Unit 2 Los Angeles, CA 90022

Estimated Value: $647,769 - $750,000

3 Beds
2 Baths
864 Sq Ft
$786/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $455,000 $527 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,123/month

14 Days on Market

About This Home

As of January 2020

2 units listed REGULAR SALE... Don’t miss this great Investment opportunity. In the city of East Los Angeles. Buyers Don’t let the outside fool you!

This is a great property for a first-time buyer who can live in one and rent the second.
Or for investors that would like to grow their assets.

The property shows pleasingly in well condition with a very nice floor plan . It was newly remodeled less than 3 years ago. Additionally, the seller just remodeled the property. Outside is freshly painted, a new roof was just installed, as well as new windows & a new fence.

The 1st unit has 2 bedrooms and 1 bath & the 2nd unit has 1 bedroom and 1 bath

They both have open floor plans with a very Spacious Living Room , connected with the kitchen. The kitchen cabinets are in fair condition w/ Granite counter tops & lots of cabinets. The property has Entire porcelain floor that imitates hardwood flooring . Except The restroom have tile showers and tile floors.
The Washer and dryer hookups are outside.
MUST SEE INTERIOR TO APPRECIATE the HOMES!!!!!
The property has a good size of yard between units for family gatherings, barbecues or additional parking space.
On the title the property shows as 2 bedroom 2 baths total. Buyer to please do their own diligences. The Seller purchased the property with the same floor plan.


Property is LOCATED A FEW MINUTES away FROM the 5 and 710 FREEWAYS

Hurry property is priced to sell & it won’t last long!!!

Last Agent to Sell the Property

Karina Veliz

Veliz Empire Realty License #01238964 Listed on: 11/08/2019

Last Buyer's Agent

Michelle Gonzalez

Re/Max Top Producers License #01427179

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1929

Lot Details

  • 2,596 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Value in Land

Home Design

  • 864 Sq Ft Home
  • Raised Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 5434
  • Assessor Parcel Number 5246018001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,819

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5246018001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 526.62

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 2596.00
  • Lot Size Acres: 0.0596

Multi Family

  • Lot Size Area: 2596.0000 Square Feet
  • 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
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Census Tract: 5316.02
  • Tax Lot: 100
  • Tax Tract Number: 5434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Jan 28, 2020
Sold by
Armenta Joaquin and Armenta Erika
Bought by
Lopez Angelique
Seller's Agent
Karina Veliz
Veliz Empire Realty
Buyer's Agent
Michelle Gonzalez
Re/Max Top Producers
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$679,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,192
Avg. Annual Appreciation
7.23%
Original Mortgage
$341,250
Outstanding Balance
$302,725
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$376,467

Purchase Details

Closed on
May 27, 2015
Sold by
Campos Jesse and Campos Christina
Bought by
Armenta Joaquin and Armenta Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Sold by
Hernandez Diana Margaret
Bought by
Hernandez Randy Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Hernandez Randy Joe and Hernandez Jeffrie D
Bought by
Campos Jesse and Campos Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%
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
Lopez Angelique $455,000 Orange Coast Title
Armenta Joaquin $285,000 Orange Coast Title Co Socal
Hernandez Randy Joe -- World Title Company
Hernandez Sandra -- World Title Company
Campos Jesse $125,000 World Title Company
Hernandez Randy Joe -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Angelique $341,250
Previous Owner Armenta Joaquin $228,000
Previous Owner Campos Jesse $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $455,000 +7.1% $527 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $425,000 -- $492 / 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 $6,819 $497,604 $251,536 $246,068
2024 $6,819 $487,848 $246,604 $241,244
2023 $6,657 $478,283 $241,769 $236,514
2022 $6,438 $468,906 $237,029 $231,877
2021 $6,233 $459,713 $232,382 $227,331
2020 $4,519 $308,491 $216,485 $92,006
2019 $4,392 $302,443 $212,241 $90,202
2018 $4,457 $296,514 $208,080 $88,434
2016 $4,281 $285,000 $200,000 $85,000
2015 $2,884 $176,756 $106,055 $70,701
2014 $2,861 $173,295 $103,978 $69,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19261551

California Regional Multiple Listing Service (CRMLS)

APN: 5246-018-001