NOT LISTED FOR SALE

4807 Converse St Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $1,304,000 - $1,536,354

9 Beds
5 Baths
3,850 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2019

Last sale price $1,075,000 $279 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,735 / mo

44 Days on Market

Highlights

  • View of Hills
  • Shed
  • Wood Fence
  • Lincoln High School Rated A-
  • Laundry Facilities

About This Home

As of March 2019

Four very well maintained units for sale in a very highly desirable-up and coming area of El Sereno. This excellent investor-buyer opportunity has been owned, occupied and lovingly cared for by the same family for almost 40 years. It currently consists of: 3-2 Bed/1 Bath spacious Units and 1-3 Bed/ 2 Bath Master Unit. All units are equipped with laundry hookups and there is onsite parking for up to 10 vehicles. Bring your tasteful clients as this Gem wont last long.

Last Agent to Sell the Property

Frank Lagunas

Realty One Group United License #01757731 Listed on: 01/07/2019

Realty One Group United

Last Buyer's Agent

Thomas Sardo

Sotheby International Realty License #01056835

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Fence is in average condition

Home Design

  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,850 Sq Ft Home
  • Views of Hills
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Shed
  • Urban Location
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 15
  • Assessor Parcel Number 5213037032

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $4,200
  • New Taxes Expense $13,750
  • Operating Expense $19,750
  • Gross Income $102,000
  • Net Operating Income $82,250

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5213037032
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 279.22

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • View: Hills
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt

Utilities

  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 102000.00
  • Gross Scheduled Income: 102000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 82250.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 350.00
  • Rent Control: Yes
  • Total Expenses: 19750.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 2014.01
  • Tax Lot: 15
  • Tax Tract Number: 15

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 7, 2019
Closed on
Feb 25, 2019
Sold by
Bought by
Seller's Agent
Frank Lagunas
Realty One Group United
Buyer's Agent
Thomas Sardo
Sotheby International Realty
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Current Estimated Value
$1,364,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,339
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Mar 23, 2004
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
$183,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2004
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
$183,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 1993
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 1993
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$1,075,000 Old Republic Title Company
-- Fidelity National Financial
-- Fidelity National Financial
-- --
-- --
-- Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
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
Previous Owner $100,000
Previous Owner $183,000
Previous Owner $22,000
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
03/19/2019 03/19/19 Sold $1,075,000 -2.3% $279 / Sq Ft
01/07/2019 01/07/19 For Sale $1,100,000 -- $286 / 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 $14,916 $1,199,177 $557,756 $641,421
2024 $14,690 $1,175,665 $546,820 $628,845
2023 $14,410 $1,152,614 $536,099 $616,515
2022 $13,748 $1,130,015 $525,588 $604,427
2021 $13,568 $1,107,859 $515,283 $592,576
2020 $13,702 $1,096,500 $510,000 $586,500
2019 $3,499 $258,709 $71,436 $187,273
2018 $3,406 $253,637 $70,036 $183,601
2016 $3,217 $243,789 $67,317 $176,472
2015 $3,174 $240,128 $66,306 $173,822
2014 $3,210 $235,426 $65,008 $170,418
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Frank Lagunas

    Realty One Group United

    Section Image

  • T

    Buyer's Agent in 2019

    Thomas Sardo

    Sotheby International Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19006439

California Regional Multiple Listing Service (CRMLS)

APN: 5213-037-032

California Los Angeles County Los Angeles 90032 El Sereno

4807 Converse St, Los Angeles, CA

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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