NOT LISTED FOR SALE

481 Margaret Ave Los Angeles, CA 90022

Estimated Value: $631,333 - $824,000

1 Bed
1 Bath
1,425 Sq Ft
$498/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $525,000 $368 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,608/month

22 Days on Market

Highlights

  • Senior Community
  • Level Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2018

Excellent location of East Los Angeles, centrally located near public transportation, shopping center, churches Great property, consist of 3 units, 1 bedroom, 1 bathroom each unit, 2 buildings and detached garages + additional parking in rear. Property has a nice front yard.

Last Agent to Sell the Property

Lidia Kondratuk

GEORGE MICHAEL REALTY License #01097144 Listed on: 11/15/2017

Co-Listed By

Jorge Amezcua

GEORGE MICHAEL REALTY License #00995457

Last Buyer's Agent

Edwin Rivera

Fathom Realty Group Inc. License #01965531

Fathom Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,853

Year Built

  • Built in 1938

Lot Details

  • 4,999 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Tax Lot 313
  • Tax Tract Number 7193
  • Assessor Parcel Number 6341011026

Community Details

Overview

  • Senior Community
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,853

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 323-273-0174
  • Other Phone Number: 323-887-9791
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Zoning: LCR3YY
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6341011026
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 368.42

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Ranch
  • Lot Size Sq Ft: 4999.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 313
  • Tax Tract Number: 7193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Ramos Eva and Ramos Saray
Bought by
Eva Ramos Trust and Ramos
Current Estimated Value
$710,083

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jul 30, 2018
Sold by
Padilla Roman and The Estate Of Cruz Padilla
Bought by
Rojas David R
Seller's Agent
Lidia Kondratuk
GEORGE MICHAEL REALTY
Buyer's Agent
Edwin Rivera
Fathom Realty Group Inc.
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$463,448
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2018
Sold by
Padilla Cruz
Bought by
Rojas David Ren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,448
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2018
Sold by
Padilla Irene
Bought by
Rojas David Rene
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
Eva Ramos Trust -- None Listed On Document
Rojas David R $525,000 Stewart Title Of California
Rojas David Ren $262,500 Title Of California Inc
Rojas David Rene $262,500 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rojas David R $463,448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $525,000 0.0% $368 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $525,000 -- $368 / 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 $8,853 $737,817 $523,686 $214,131
2024 $8,853 $596,700 $438,600 $158,100
2023 $8,193 $562,903 $482,490 $80,413
2022 $12,787 $551,867 $473,030 $78,837
2021 $12,701 $541,047 $463,755 $77,292
2020 $12,756 $535,500 $459,000 $76,500
2019 $12,479 $525,000 $450,000 $75,000
2018 $1,919 $49,073 $25,829 $23,244
2016 $1,850 $47,170 $24,827 $22,343
2015 $1,831 $46,463 $24,455 $22,008
2014 $1,843 $45,553 $23,976 $21,577
Source: Public Records

Agents Affiliated with this Home

  • Lidia Kondratuk

    Seller's Agent in 2018

    Lidia Kondratuk

    GEORGE MICHAEL REALTY

    (704) 451-1217

    52 Total Sales

    Lidia Kondratuk
    Section Image
  • Jorge Amezcua

    Seller Co-Listing Agent in 2018

    Jorge Amezcua

    GEORGE MICHAEL REALTY

    (323) 887-9791

    5 in this area

    28 Total Sales

    Jorge Amezcua
    Section Image
  • Edwin Rivera

    Buyer's Agent in 2018

    Edwin Rivera

    Fathom Realty Group Inc.

    (562) 448-6775

    4 in this area

    148 Total Sales

    Edwin Rivera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17258511

California Regional Multiple Listing Service (CRMLS)

APN: 6341-011-026

California Los Angeles County Los Angeles 90022

481 Margaret Ave, Los Angeles, CA

This home is located at 481 Margaret Ave, Los Angeles, CA 90022 since 15 November 2017 and is currently estimated at $710,083, approximately $498 per square foot. This property was built in 1938. 481 Margaret Ave is a home located in Los Angeles County with nearby schools including Fourth Street Primary Center, Fourth Street Elementary School, and David Wark Griffith Middle School.

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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