NOT LISTED FOR SALE

4911 E 4th St Los Angeles, CA 90022

Estimated Value: $740,000 - $768,808

4 Beds
3 Baths
1,512 Sq Ft
$500/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $725,000 $479 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,366/month

7 Days on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • No HOA
  • Laundry Room
  • High-Efficiency Water Heater

About This Home

As of October 2024

Discover this fantastic investment opportunity with two detached units in prime rental neighborhood in Los Angeles. Walking distance to the Metro Gold Line and East Los Angeles Civic Center. Close to ELAC, Atlantic Square, 60 & 710 Freeways. Not far from CSULA, DTLA, The Arts District and Little Tokyo. The property features 2 separate units. Front unit has 3 bedroom, 1 3/4 baths. Exterior laundry hookups. Large rear bedroom has 3/4 bath and walk in closet. Rear unit is 1 bed 1 full bath, with a private rear area for relaxing. Both units have newer windows and new energy saving water heaters. Both units also have had extensive copper plumbing replacement. Each unit has open gas and electric meters. Property has large grassy area for future expansion. There are 3 parking spaces. This property is ideal for dual living and rental income.

Last Agent to Sell the Property

David Ayala

David S Ayala Brokerage Email: davidayalarebroker@gmail.com License #01792100 Listed on: 09/08/2024

Last Buyer's Agent

Johnnie Sosa

Re/Max Champions License #01966770

Re/Max Champions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Vinyl Fence
  • Brick Fence
  • Sprinkler System
  • Lawn
  • Front Yard

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • High-Efficiency Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 24
  • Tax Tract Number 4074
  • Assessor Parcel Number 5248002014
  • $1,110 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,780
  • Water Sewer Expense $650
  • Operating Expense $2,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 650.00
  • Zoning: LCR2YY
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5248002014
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 479.50

Exterior Features

  • Fence: Yes
  • Fencing: Brick, Vinyl, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Insurance Expense: 1780.00
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 2430.00

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 5316.03
  • Tax Lot: 6
  • Tax Tract Number: 4074
  • TaxOtherAnnualAssessmentAmount: 1110.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2024
Closed on
Sep 20, 2024
Sold by
Garcia Vanessa R and Ayala Veronica M
Bought by
Coronel Martin Soto and Coronel Melissa
Seller's Agent
David Ayala
David S Ayala
Buyer's Agent
Johnnie Sosa
Re/Max Champions
List Price
$724,999
Sold Price
$725,000
Premium/Discount to List
$1
0.0%
Views
13
Current Estimated Value
$755,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,452
Avg. Annual Appreciation
3.43%
Original Mortgage
$700,803
Outstanding Balance
$692,910
Interest Rate
6.46%
Mortgage Type
FHA
Estimated Equity
$62,542

Purchase Details

Closed on
Jun 7, 2017
Sold by
Garcia Vanessa R and Ayala Veronica M
Bought by
Garcia Vanessa R and Ayala Veronica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Ayala Vanessa R
Bought by
Ayala Vanessa R and Ayala Veronica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Parr Joseph
Bought by
Parr Elizabeth A Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,268
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2010
Sold by
Ruiz Olivia R and Ruiz Parr Elizabeth A
Bought by
Ayala Vanessa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,268
Interest Rate
4.87%
Mortgage Type
FHA
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
Coronel Martin Soto $725,000 Orange Coast Title Company
Garcia Vanessa R -- Orange Coast Title Company
Ayala Vanessa R -- Orange Coast Title Company
Ayala Veronica M -- Orange Coast Title Company
Parr Elizabeth A Ruiz -- Netco Title
Ayala Vanessa R $206,000 Netco
Ruiz Olivia R -- Netco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronel Martin Soto $700,803
Previous Owner Garcia Vanessa R $258,000
Previous Owner Ayala Vanessa R $200,000
Previous Owner Ayala Vanessa R $202,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $725,000 0.0% $479 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $724,999 -- $479 / 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 $4,899 $725,000 $500,000 $225,000
2024 $4,899 $304,224 $195,031 $109,193
2023 $4,653 $298,259 $191,207 $107,052
2022 $4,458 $292,411 $187,458 $104,953
2021 $4,405 $286,679 $183,783 $102,896
2020 $4,432 $283,740 $181,899 $101,841
2019 $4,283 $278,178 $178,333 $99,845
2018 $4,177 $272,725 $174,837 $97,888
2016 $4,005 $262,137 $168,049 $94,088
2015 $3,948 $258,200 $165,525 $92,675
2014 $3,952 $253,143 $162,283 $90,860
Source: Public Records

Agents Affiliated with this Home

  • David Ayala

    Seller's Agent in 2024

    David Ayala

    David S Ayala

    (562) 298-2605

    1 in this area

    3 Total Sales

    David Ayala
    Section Image
  • Johnnie Sosa

    Buyer's Agent in 2024

    Johnnie Sosa

    RE/MAX

    (626) 485-1731

    1 in this area

    38 Total Sales

    Johnnie Sosa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24186450

California Regional Multiple Listing Service (CRMLS)

APN: 5248-002-014

California Los Angeles County Los Angeles 90022

4911 E 4th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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