NOT LISTED FOR SALE

4929 Monte Vista St Unit 1 Los Angeles, CA 90042

Mount Washington Neighborhood

Estimated Value: $1,137,000 - $1,619,000

6 Beds
4 Baths
2,978 Sq Ft
$490/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $900,000 $302 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,752/month

24 Days on Market

About This Home

As of March 2016

50% Vacant Fourplex in best part of Highland Park. Walking distance to train, coffee shops and the best Highland Park has to offer. Perfect for owner user or investor. Three of the four units have been remodeled to a very high standard. Units can be delivered vacant or occupied.

Last Agent to Sell the Property

Fahim Shah

Fahim Shah Realty License #00763453 Listed on: 12/13/2015

Last Buyer's Agent

Joshua Ritnimit

License #01873160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,105

Year Built

  • Built in 1909

Lot Details

  • 6,246 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,978 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5467-031-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,105

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2978
  • Stories: 2
  • Year Built: 1909
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 308.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 153691
  • Assessed Land Value: 307383
  • Assessor Parcel Number: 5467-031-014
  • Geocode Override: No
  • Lot Size Area: 6246

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2015
Closed on
Feb 22, 2016
Sold by
Malad Salman and Shah Simone
Bought by
Foodman Michael K
Seller's Agent
Fahim Shah
Fahim Shah Realty
Buyer's Agent
Joshua Ritnimit
List Price
$920,000
Sold Price
$900,000
Premium/Discount to List
-$20,000
-2.17%
Current Estimated Value
$1,460,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,623
Avg. Annual Appreciation
5.15%
Original Mortgage
$577,500
Outstanding Balance
$459,924
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,000,699

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 28, 2015
Sold by
Three Dog Holdings Llc
Bought by
Malad Salman and Shah Simone
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Simone Shah
Fahim Shah Realty
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.36%
Original Mortgage
$543,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2013
Sold by
Goodson Alexander B
Bought by
Three Dog Holdings Llc

Purchase Details

Closed on
Apr 10, 2013
Sold by
Hamilton Donald E and Hamilton Aileen C
Bought by
Goodson Alexander B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Foodman Michael K $900,000 None Available
Malad Salman $725,000 North American Title Company
Three Dog Holdings Llc -- Accommodation
Goodson Alexander B -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foodman Michael K $577,500
Previous Owner Malad Salman $543,750
Previous Owner Goodson Alexander B $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2016 03/01/16 Sold $900,000 -2.2% $302 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
12/13/2015 12/13/15 For Sale $920,000 +26.9% $309 / Sq Ft
02/19/2015 02/19/15 Sold $725,000 0.0% $243 / Sq Ft View Prior Sale
12/29/2014 12/29/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $725,000 -- $243 / 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 $13,105 $1,065,412 $769,465 $295,947
2024 $13,105 $1,044,523 $754,378 $290,145
2023 $12,857 $1,024,043 $739,587 $284,456
2022 $12,268 $1,003,965 $725,086 $278,879
2021 $12,112 $984,280 $710,869 $273,411
2019 $11,673 $955,087 $689,785 $265,302
2018 $11,539 $936,360 $676,260 $260,100
2016 $9,148 $736,056 $507,625 $228,431
2015 $5,871 $461,074 $307,383 $153,691
2014 -- $452,043 $301,362 $150,681
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Fahim Shah

    Fahim Shah Realty

    Section Image

  • J

    Buyer's Agent in 2016

    Joshua Ritnimit

  • Ken Shapiro

    Seller's Agent in 2015

    Ken Shapiro

    Silverwood Properties

    (818) 237-6963

    1 in this area

    50 Total Sales

    Ken Shapiro
    Section Image

  • S

    Buyer's Agent in 2015

    Simone Shah

    Fahim Shah Realty

See All Agents

Map

Source: The MLS

MLS Number: 15-964707

The MLS

APN: 5467-031-014

California Los Angeles County Los Angeles 90042 Mount Washington

4929 Monte Vista St Unit 1, Los Angeles, CA

This home is located at 4929 Monte Vista St Unit 1, Los Angeles, CA 90042 since 13 December 2015 and is currently estimated at $1,460,623, approximately $490 per square foot. This property was built in 1909. 4929 Monte Vista St Unit 1 is a home located in Los Angeles County with nearby schools including Aldama Elementary, Benjamin Franklin High School, and Luther Burbank Middle School.

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