NOT LISTED FOR SALE

474 S Eastern Ave Los Angeles, CA 90022

Estimated Value: $724,000 - $1,111,990

4 Beds
2 Baths
1,933 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $445,000 $230 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,602/month

169 Days on Market

About This Home

As of December 2019

This is 2 units on one lot. The front unit has 1 bedrooms and one bath. The back unit has 3 bedrooms and 1 bathroom.

Last Agent to Sell the Property

Janice Neiman

Neiman Realty License #00680498 Listed on: 01/30/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,799 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Parking

  • 1 Car Garage

Home Design

  • 1,933 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4190
  • Assessor Parcel Number 5236023008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Fuel Expense $240
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • New Taxes Expense $6,237
  • Operating Expense $11,677
  • Gross Income $18,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,799 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5236023008
  • Year Built: 1923
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 230.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5799.00
  • Lot Size Acres: 0.1331

Multi Family

  • Electric Expense: 2000.00
  • Fuel Expense: 240.00
  • Gross Income: 18000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5799.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Expenses: 11677.00

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Census Tract: 5315.03
  • Tax Lot: 8
  • Tax Tract Number: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Dec 3, 2019
Sold by
Simons Larry and Simons Lawrence D
Bought by
West Coast 2018 1 Llc
Seller's Agent
Janice Neiman
Neiman Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$499,450
Sold Price
$445,000
Premium/Discount to List
-$54,450
-10.9%
Current Estimated Value
$914,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,998
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Dec 19, 2017
Sold by
Valdivia Ruben Calzada
Bought by
Valdivia Ruben Calzada and Valdivia Jhon

Purchase Details

Closed on
Apr 19, 2000
Sold by
Valdivia Victoria C and Victoria C Valdivia Family Tru
Bought by
Valdivia Victoria C and Valdivia Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Coast 2018 1 Llc $41,000 Stewart Title Company Of Ca
Valdivia Ruben Calzada -- None Available
Valdivia Victoria C -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdivia Victoria C $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $445,000 -10.9% $230 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $499,450 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,832 $745,165 $388,242 $356,923
2024 $10,832 $730,555 $380,630 $349,925
2023 $7,347 $520,331 $373,167 $147,164
2022 $7,019 $510,129 $365,850 $144,279
2021 $6,937 $500,127 $358,677 $141,450
2020 $6,987 $495,000 $355,000 $140,000
2019 $8,856 $668,974 $416,758 $252,216
2018 $8,702 $655,858 $408,587 $247,271
2017 $10 $642,999 $400,576 $242,423
2016 $8,340 $630,392 $392,722 $237,670
2015 $8,213 $620,923 $386,823 $234,100
2014 $8,211 $608,761 $379,246 $229,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19022851

California Regional Multiple Listing Service (CRMLS)

APN: 5236-023-008

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