NOT LISTED FOR SALE

4832 W 17th St Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $2,003,000 - $2,335,207

12 Beds
6 Baths
3,928 Sq Ft
$552/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $1,710,000 $435 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,793/month

44 Days on Market

About This Home

As of July 2019

Bread and butter 6 unit building in Mid-City, close to Midtown crossing, 10 freeway, La Brea, West Hollywood, West Adams, Miracle Mile. Rental income is actual + laundry income. Easy to manage with A+ tenants who generally pay before the 1st. A perfect first investment property or great addition to existing portfolio. All units are modern and clean and exterior has cool 60s "dingbat/googie" vibe.... All units are cozy 2 bedrooms appx 600 sq feet. Units have been very attractive to younger roommates. Each unit comes with one dedicated parking spot. Call or email for additional info.

Last Agent to Sell the Property

Fahim Shah

Fahim Shah Realty License #00763453 Listed on: 05/14/2019

Last Buyer's Agent

Andrew Lee

Andrew C. Lee License #01046440

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,046

Year Built

  • Built in 1964

Lot Details

  • 7,000

Interior Spaces

  • 3,928 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-008-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,046

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3928
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 420.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 212207
  • Assessed Land Value: 519908
  • Assessor Parcel Number: 5067-008-020
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Open House Investments Llc
Bought by
Regenetiss Inc
Current Estimated Value
$2,169,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,704,500
Outstanding Balance
$100,757,960
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
-$98,588,658

Purchase Details

Listed on
May 14, 2019
Closed on
Jul 12, 2019
Sold by
Tzbre 2018 Llc
Bought by
Open House Investments Llc
Seller's Agent
Fahim Shah
Fahim Shah Realty
Buyer's Agent
Andrew Lee
Andrew C. Lee
List Price
$1,650,000
Sold Price
$1,710,000
Premium/Discount to List
$60,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%

Purchase Details

Closed on
Mar 7, 2019
Sold by
4832 W 17Th St Llc
Bought by
Tzbre 2018 Llc

Purchase Details

Closed on
Aug 30, 2013
Sold by
4832 W 17Th St Llc
Bought by
4832 W 17Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 15, 2012
Closed on
Jun 26, 2012
Sold by
Natalizio Paul and Hajjar Charles
Bought by
Natalizio Paul and Hajjar Charles
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
Fahim Shah
Fahim Shah Realty
List Price
$850,000
Sold Price
$690,000
Premium/Discount to List
-$160,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$640,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 15, 2012
Closed on
Jun 25, 2012
Sold by
Natalizio Paul and Hajjar Charles
Bought by
4832 W 17Th Street Llc
Seller's Agent
Ron Escobar
eXp Realty of California Inc
Buyer's Agent
Fahim Shah
Fahim Shah Realty
List Price
$850,000
Sold Price
$690,000
Premium/Discount to List
-$160,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2005
Sold by
Frederick G Burton Family Lp
Bought by
Frederick G Burton Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2004
Sold by
Burton Frederick G
Bought by
Burton Family Lp

Purchase Details

Closed on
Mar 7, 2002
Sold by
King Sondra R and Sondra R King Trust
Bought by
Burton Frederick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1998
Sold by
King Sondra R
Bought by
King Sondra R
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
Regenetiss Inc $2,100,000 Chicago Title Company
Open House Investments Llc $1,710,000 Provident Title
Tzbre 2018 Llc -- None Available
4832 W 17Th St Llc -- Nations Title Company
Natalizio Paul -- Lawyers Title La
4832 W 17Th Street Llc $690,000 Lawyers Title Company
Hajjar Sidney -- Lawyers Title Company
Hajjar Charles -- Lawyers Title La
Natalizio Paul -- Lawyers Title Company
Frederick G Burton Family Lp -- Fidelity National Title Co
Burton Family Lp -- --
Burton Frederick G $275,000 Fidelity Title
King Sondra R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regenetiss Inc $113,704,500
Previous Owner 4832 W 17Th St Llc $640,000
Previous Owner 4832 W 17Th Street Llc $640,000
Previous Owner Frederick G Burton Family Lp $525,000
Previous Owner Burton Frederick G $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2019 07/29/19 Sold $1,710,000 +3.6% $435 / Sq Ft
05/14/2019 05/14/19 For Sale $1,650,000 +139.1% $420 / Sq Ft
07/13/2012 07/13/12 Sold $690,000 -18.8% $176 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $850,000 -- $216 / Sq Ft
Source: The MLS

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 $28,046 $2,296,653 $1,312,373 $984,280
2024 $28,046 $2,251,622 $1,286,641 $964,981
2023 $27,513 $2,207,473 $1,261,413 $946,060
2022 $26,257 $2,164,190 $1,236,680 $927,510
2021 $25,935 $2,121,756 $1,212,432 $909,324
2020 $21,529 $1,711,360 $1,025,000 $686,360
2019 $9,952 $763,052 $540,912 $222,140
2018 $9,781 $748,117 $530,306 $217,811
2016 $9,300 $717,761 $509,714 $208,047
2015 $9,173 $706,980 $502,058 $204,922
2014 $9,226 $693,132 $492,224 $200,908
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Fahim Shah

    Fahim Shah Realty

    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Lee

    Andrew C. Lee

    (213) 625-1629

    12 Total Sales

    Andrew Lee
    Section Image

  • R

    Seller's Agent in 2012

    Ron Escobar

    eXp Realty of California Inc

    Section Image
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Map

Source: The MLS

MLS Number: 19-466372

The MLS

APN: 5067-008-020

California Los Angeles County Los Angeles 90019 Mid-City

4832 W 17th St, Los Angeles, CA

Not Listed for Sale

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