NOT LISTED FOR SALE

8429 Wiley Post Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,014,000 - $1,404,000

2 Beds
2 Baths
1,116 Sq Ft
$1,124/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $710,000 $636 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,357/month

116 Days on Market

Highlights

  • Boat Ramp
  • Balcony
  • Bungalow
  • Boat Lift
  • 2 Car Garage
  • 1-Story Property

About This Home

As of December 2019

Charming duplex with huge backyard featuring fruit trees! Property features includes two 1 bedroom / 1 bath units, mildly upgraded, with laundry inside, detached two car garage, and parking for 3 cars in the driveway! Centrally located in the Silicon Beach area of Westchester, seconds to shopping, restaurants, coffee houses, LAX, and more! Wonderful investment opportunity! Trust sale, sold as-is, where-is!

Last Agent to Sell the Property

Daniel Alltounian

Element RE, Inc License #01501142 Listed on: 07/19/2019

Element RE, Inc

Last Buyer's Agent

Daniel H. Alltounian

Berkshire Hathaway HomeServices California License #01501142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,369

Year Built

  • Built in 1943

Lot Details

  • 6,724 Sq Ft Lot

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Balcony

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4107-020-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,369

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1116
  • Stories: 1
  • Year Built: 1943
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 671.15

Exterior Features

  • Other Features: Balcony, Boat Lift, Boat Ramp
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached, Driveway, Driveway - Concrete, Garage - 2 Car, Garage Is Detached
  • Total Parking: 5

Utilities

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

Lot Info

  • Assessed Improvement Value: 75747
  • Assessed Land Value: 125115
  • Assessor Parcel Number: 4107-020-007
  • Geocode Override: No
  • Lot Size Area: 6724

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Nov 14, 2019
Sold by
Gonsalves Mark Lee and The Edward J Gonsalves Living
Bought by
Amir Ahmady Batoul and Nainy Nejad Aryan
Seller's Agent
Daniel Alltounian
Element RE, Inc
Buyer's Agent
Daniel Alltounian
Element RE, Inc
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Current Estimated Value
$1,253,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,851
Avg. Annual Appreciation
10.25%
Original Mortgage
$568,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2003
Sold by
Gonsalves Edward J
Bought by
The Edward J Gonsalves Living Trust
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
Amir Ahmady Batoul $710,000 California Title Company
The Edward J Gonsalves Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amir Ahmady Batoul $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $710,000 -5.2% $636 / Sq Ft
07/19/2019 07/19/19 For Sale $749,000 -- $671 / 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 $9,369 $776,483 $543,538 $232,945
2024 $9,369 $761,259 $532,881 $228,378
2023 $9,192 $746,333 $522,433 $223,900
2022 $8,780 $731,700 $512,190 $219,510
2021 $8,670 $717,354 $502,148 $215,206
2020 $8,841 $710,000 $497,000 $213,000
2019 $2,775 $208,975 $130,169 $78,806
2018 $2,696 $204,878 $127,617 $77,261
2016 $2,576 $196,924 $122,662 $74,262
2015 $2,541 $193,967 $120,820 $73,147
2014 $2,564 $190,169 $118,454 $71,715
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daniel Alltounian

    Element RE, Inc

    (310) 804-7160

    4 Total Sales

    Daniel Alltounian
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel H. Alltounian

    Berkshire Hathaway HomeServices California

See All Agents

Map

Source: The MLS

MLS Number: 19-491180

The MLS

APN: 4107-020-007

California Los Angeles County Los Angeles 90045 Westchester

8429 Wiley Post Ave, Los Angeles, CA

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