Seller's Agent in 2018
henry vega
Enrique Henry Vega Jr. Broker
(323) 833-6466
1 in this area
51 Total Sales
4925 Gratian St Los Angeles, CA 90022
Estimated Value: $813,000 - $891,144
6
Beds
3
Baths
1,990
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- 3-minute walk to East La Civic Center
- Traditional Architecture
- James A. Garfield Senior High School Rated A
- Open Floorplan
- Granite Countertops
About This Home
As of November 2018Great investment opportunity to cash flow. Perfect to live in one and rent the other. Beautiful 2 unit property. Both properties are 3 bedrooms each. Lots of upside potential. Very spacious yard. Additional features include: Nice open floor plan, large kitchen with granite counter-tops, newer paint throughout, room to build, back house has additional storage area, newer windows, detached 2 car garage aside form the long driveway that parks several cars. Do not pass this one up. No rent control. Centrally located near metro station, plenty of retail shops and just minutes from Downtown LA.
Last Agent to Sell the Property
Enrique Henry Vega Jr. Broker License #01765081 Listed on: 10/01/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,408
Year Built
- Built in 1957
Lot Details
- 8,503 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Traditional Architecture
- Turnkey
- Cosmetic Repairs Needed
- Raised Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,990 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Living Room
- Tile Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Cooktop
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, exterior maintenance, gas, trash collection
- Tax Lot 18
- Tax Tract Number 4074
- Assessor Parcel Number 5248001005
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Water Sewer Expense $900
- New Taxes Expense $6,476
- Operating Expense $8,176
- Gross Income $18,000
- Net Operating Income $9,824
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 12, 2020
Sold by
Patel Nitesh and Patel Niti N
Bought by
Ram Tulsi Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$261,021
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$590,011
Purchase Details
Closed on
Nov 4, 2020
Sold by
Ram Tulsi Llc
Bought by
Patel Nitesh and Patel Niti N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$261,021
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$590,011
Purchase Details
Listed on
Oct 1, 2018
Closed on
Oct 15, 2018
Sold by
Kershner Robert James
Bought by
Ram Tulsi Llc
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$620,000
Sold Price
$620,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$305,000
Interest Rate
4.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 11, 2014
Closed on
Dec 5, 2014
Sold by
Esparza Benjamin and Esparza Elena
Bought by
Kershner Robert James
Seller's Agent
Joseph Minero
RE/MAX CHAMPIONS
Buyer's Agent
JESUS LEYVA
FIRST HOME BROKERS
List Price
$439,900
Sold Price
$437,000
Premium/Discount to List
-$2,900
-0.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$429,084
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 19, 2010
Sold by
Esparza Benjamin and Esparza Elena
Bought by
Jpmorgan Chase Bank National Association
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ram Tulsi Llc | -- | Accommodation | |
| Patel Nitesh | -- | Fidelity National Title | |
| Ram Tulsi Llc | $620,000 | Lawyers Title | |
| Kershner Robert James | $450,000 | Ticor Title Company | |
| Jpmorgan Chase Bank National Association | $290,733 | Servicelink |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Nitesh | $292,000 | |
| Closed | Patel Nitesh | $292,000 | |
| Previous Owner | Ram Tulsi Llc | $305,000 | |
| Previous Owner | Kershner Robert James | $492,978 | |
| Previous Owner | Kershner Robert James | $428,905 | |
| Previous Owner | Kershner Robert James | $429,084 | |
| Previous Owner | Esparza Benjamin | $243,100 | |
| Previous Owner | Esparza Benjamin | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2018 11/14/18 | Sold | $620,000 | 0.0% | $312 / Sq Ft |
| 10/10/2018 10/10/18 | For Sale | $620,000 | 0.0% | $312 / Sq Ft |
| 10/09/2018 10/09/18 | Off Market | $620,000 | -- | -- |
| 10/01/2018 10/01/18 | For Sale | $620,000 | +41.9% | $312 / Sq Ft |
| 01/23/2015 01/23/15 | Sold | $437,000 | -0.7% | $220 / Sq Ft |
| 11/28/2014 11/28/14 | Pending | -- | -- | -- |
| 11/11/2014 11/11/14 | For Sale | $439,900 | -- | $221 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,408 | $691,617 | $446,205 | $245,412 |
| 2024 | $9,408 | $678,056 | $437,456 | $240,600 |
| 2023 | $9,081 | $664,762 | $428,879 | $235,883 |
| 2022 | $8,661 | $651,728 | $420,470 | $231,258 |
| 2021 | $8,563 | $638,950 | $412,226 | $226,724 |
| 2020 | $8,845 | $632,400 | $408,000 | $224,400 |
| 2019 | $8,304 | $620,000 | $400,000 | $220,000 |
| 2018 | $6,602 | $475,317 | $327,441 | $147,876 |
| 2016 | $6,325 | $456,862 | $314,727 | $142,135 |
| 2015 | $3,116 | $183,545 | $75,422 | $108,123 |
| 2014 | $3,124 | $179,951 | $73,945 | $106,006 |
Source: Public Records
Agents Affiliated with this Home
-
henry vega
-
Larry Sangiorgio
Buyer's Agent in 2018
Larry Sangiorgio
First Team Real Estate
(714) 595-9200
48 Total Sales
-
Joseph Minero
Seller's Agent in 2015
Joseph Minero
RE/MAX
(909) 919-1745
61 Total Sales
-
JESUS LEYVA
J
Buyer's Agent in 2015
JESUS LEYVA
FIRST HOME BROKERS
(323) 440-6872
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB18239232
APN: 5248-001-005
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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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