NOT LISTED FOR SALE

Estimated Value: $1,046,570 - $1,249,000

4 Beds
4 Baths
2,612 Sq Ft
$451/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2020

Last sale price $850,000 $325 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,213 / mo

7 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • 1-minute walk to Angeles Mesa Park
  • No HOA
  • Wall Furnace

About This Home

As of March 2020

Amazing opportunity to own this 4 plex in the VERY HOT Leimert Park area. 4719 8th Ave has over 2,600 square feet of living space, situated on a huge 7000 square foot lot, may be possible to add an ADU or two. Located blocks from the brand new Leimert Park Metro Station it allows tenants to get around without the need for a car. Onsite parking is plentiful with room for all tenants. All units are individually metered for gas and electric.

Last Agent to Sell the Property

Joshua Glaz

The Ave License #01856858 Listed on: 01/24/2020

Last Buyer's Agent

Mark Radd

Power Brokers License #01970169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 2,612 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 63
  • Tax Tract Number 4947
  • Assessor Parcel Number 5014006024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $58,932
  • Net Operating Income $58,932

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5014006024
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 325.42

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 653 Square Feet
  • Gross Income: 58932.00
  • Gross Scheduled Income: 58932.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 58932.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2345.02
  • Tax Lot: 63
  • Tax Tract Number: 4947

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 20, 2020
Sold by
Bought by
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Mark Radd
Power Brokers
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,176,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,893
Avg. Annual Appreciation
5.34%
Original Mortgage
$680,000
Outstanding Balance
$602,092
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$574,801

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 22, 2018
Sold by
Bought by
Seller's Agent
Joshua Cohen
Keller Williams Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$510,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 2, 2018
Sold by
Bought by
Seller's Agent
Joshua Cohen
Keller Williams Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 28, 2017
Sold by
Bought by
Seller's Agent
Joshua Cohen
Keller Williams Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2012
Closed on
Jan 22, 2013
Sold by
Bought by
Seller's Agent
Kevin Jones
Realty Professionals
Buyer's Agent
Marc Gaspard
Keller Williams Realty
List Price
$199,000
Sold Price
$305,000
Premium/Discount to List
$106,000
53.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 19, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Pacific Coast Title Company
-- Accommodation
-- Fidelity National Title Comp
$780,000 Fidelity National Title Comp
$305,000 Priority Title
$560,000 Chicago Title Co
-- Chicago Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $680,000
Previous Owner $510,000
Previous Owner $532,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2020 03/02/20 Sold $850,000 0.0% $325 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $850,000 +9.0% $325 / Sq Ft
02/16/2018 02/16/18 Sold $780,000 0.0% $299 / Sq Ft View Prior Sale
12/13/2017 12/13/17 Pending -- -- --
12/06/2017 12/06/17 Off Market $780,000 -- --
11/30/2017 11/30/17 For Sale $780,000 0.0% $299 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $780,000 +155.7% $299 / Sq Ft
02/01/2013 02/01/13 Sold $305,000 +53.3% $117 / Sq Ft View Prior Sale
11/16/2012 11/16/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $199,000 -- $76 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,602 $929,592 $557,756 $371,836
2024 $11,442 $911,366 $546,820 $364,546
2023 $11,229 $893,498 $536,099 $357,399
2022 $10,720 $875,980 $525,588 $350,392
2021 $10,581 $858,805 $515,283 $343,522
2020 $10,224 $811,512 $541,008 $270,504
2019 $9,828 $795,600 $530,400 $265,200
2018 $4,331 $330,084 $194,804 $135,280
2016 $4,126 $317,269 $187,241 $130,028
2015 $4,070 $312,504 $184,429 $128,075
2014 $4,111 $306,384 $180,817 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20017964

California Regional Multiple Listing Service (CRMLS)

APN: 5014-006-024

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