NOT LISTED FOR SALE

8418 W 4th St Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $2,008,000 - $2,558,885

5 Beds
4 Baths
2,995 Sq Ft
$744/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,670,000 $558 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $13,850/month

32 Days on Market

About This Home

As of March 2021

TOWNHOUSE STYLE SPANISH DUPLEX IN BEVERLY GROVE DELIVERED FULLY VACANT. This charming duplex ideally located on Fourth Street features two side-by-side, two-story units. The west unit has been fully remodeled and features a beautifully redone kitchen with quartz counters and redone baths, new flooring, windows and window treatments, two fireplaces, recessed lighting, two ductless HVAC units, two generous bedrooms on the upper level including a master with a private balcony, and an ensuite bedroom on the first level with its own rear entry. Both units will be delivered vacant including the east unit which is in more original condition. There are four single detached garages, with all four being delivered vacant. Ideally located just a stone's throw from Third Street, The Grove, Farmer's Market and in the Hancock Park Elementary school district, this property is excellent for an owner/user or an investor.

Last Agent to Sell the Property

Allison Schwarz

Compass License #01878458 Listed on: 01/09/2021

Compass

Last Buyer's Agent

Allison Schwarz

Compass License #01878458 Listed on: 01/09/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,725

Year Built

  • Built in 1926

Lot Details

  • 6,250

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,995 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,250 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-044-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,725

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2995
  • Lot Acreage: 0.1435
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Dryer, Washer
  • Price Per S Q F T: 599.33

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 173668
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 347344
  • Total Assessed Value: 521012
  • Assessor Parcel Number: 5511-044-029
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Feb 27, 2021
Sold by
Park Charlie and Park Kyounghee
Bought by
Sikias Kari Joseph
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Allison Schwarz
Compass
List Price
$1,795,000
Sold Price
$1,670,000
Premium/Discount to List
-$125,000
-6.96%
Current Estimated Value
$2,226,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,971
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Park Charlie
Bought by
Park Charlie and Park Kyounghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
Park Charlie and Kang Jerry Koo
Bought by
Park Charlie and Kang Jerry Koo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Park Charlie and The Mun Jung Kwak Living Trust
Bought by
Park Charlie and Kang Jerry Koo

Purchase Details

Closed on
Jan 10, 2006
Sold by
Kwak Mun Jung
Bought by
The Mun Jung Kwak Living Trust

Purchase Details

Closed on
Feb 19, 2004
Sold by
Kang Jerry Koo
Bought by
Kwak Mun Jung

Purchase Details

Closed on
Dec 1, 2003
Sold by
Kwak Mun Jung
Bought by
Kwak Mun Jung

Purchase Details

Closed on
May 19, 2003
Sold by
Kang Jerry Koo
Bought by
Kwak Mun Jung

Purchase Details

Closed on
Apr 15, 2003
Sold by
Kwak Mun Jung
Bought by
Kwak Mun Jung

Purchase Details

Closed on
Aug 8, 1994
Sold by
American Svgs Bank Fa
Bought by
Kwak Mun Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,625
Interest Rate
5.25%

Purchase Details

Closed on
Jan 31, 1994
Sold by
Ehrman Abraham
Bought by
American Svgs Bank Fsb
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
Sikias Kari Joseph $1,670,000 Fidelity National Title
Park Charlie -- None Available
Park Charlie -- Westminster Title Co Inc
Park Charlie -- Westminster Title Company
Park Charlie -- None Available
The Mun Jung Kwak Living Trust -- --
Kwak Mun Jung -- --
Kwak Mun Jung -- --
Kwak Mun Jung -- --
Kwak Mun Jung -- --
Kwak Mun Jung $255,500 Chicago Title Company
American Svgs Bank Fsb -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Charlie $625,000
Previous Owner The Mun Jung Kwak Living Trust $198,000
Previous Owner Kwak Mun Jung $220,000
Previous Owner Kwak Mun Jung $35,000
Previous Owner Kwak Mun Jung $191,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $1,670,000 -7.0% $558 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $1,795,000 +7.5% $599 / Sq Ft
02/06/2021 02/06/21 Off Market $1,670,000 -- --
01/09/2021 01/09/21 For Sale $1,795,000 -- $599 / 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 $21,725 $1,807,659 $1,601,998 $205,661
2024 $21,725 $1,772,216 $1,570,587 $201,629
2023 $21,307 $1,737,468 $1,539,792 $197,676
2022 $20,318 $1,703,400 $1,509,600 $193,800
2021 $6,922 $558,625 $372,420 $186,205
2020 $6,987 $552,898 $368,602 $184,296
2019 $6,719 $542,058 $361,375 $180,683
2018 $6,591 $531,431 $354,290 $177,141
2016 $6,278 $510,797 $340,534 $170,263
2015 $6,187 $503,125 $335,419 $167,706
2014 $6,218 $493,270 $328,849 $164,421
Source: Public Records

Agents Affiliated with this Home

  • Allison Schwarz

    Seller's Agent in 2021

    Allison Schwarz

    Compass

    (310) 433-0056

    43 in this area

    64 Total Sales

    Allison Schwarz
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Map

Source: The MLS

MLS Number: 21-678030

The MLS

APN: 5511-044-029

California Los Angeles County Los Angeles 90048 Beverly Grove

8418 W 4th St, Los Angeles, CA

This home is located at 8418 W 4th St, Los Angeles, CA 90048 since 09 January 2021 and is currently estimated at $2,226,971, approximately $743 per square foot. This property was built in 1926. 8418 W 4th St is a home located in Los Angeles County with nearby schools including Hancock Park Elementary, John Burroughs Middle School, and Fairfax High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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