See Home Value
$1,035,000 - $1,265,000
Property - Off Market

4234 2nd Ave

Los Angeles, CA 90008
bedrooms
Studio
bathrooms
0 Bath
square feet
1998 Sqft
Sold Dec 14, 2023
$1,150,000
$1,108,057 by Ocmbc, Inc.
Mortgage Due Jan 01, 2054
Sold Jun 04, 2021
$780,000
$585,000 by Real Property Funding Group Ll
Mortgage

About This Property

Stunning Spanish Bungalow- 2 homes on one lot+ free standing  3/2 sft plus a NEWLY CONSTRUCTED  800 sft. 2/2 ADU in Leimert Park! Situated on a great palm tree lined street,  this spacious and airy single family home over 1200sft  consists of a great open floor plan, abundant natural light 3 bedrooms and 2 baths plus large laundry/bonus room . Primary bedroom has en-suite bathroom with french doors also making this a perfect office. Additional rooms are spacious and perfectly laid out for privacy. Newly updated kitchen with tons of storage and new appliances. There is a nice patio area separating the primary home from the stunning, fully permitted 2 bed, 2 bath ADU. Modern design and finishes,  its own outdoor space make this a super desirable rental property for both long term or short term at a minimum of $2700 a month or use as a home office/studio. Minutes from 10 FWY, downtown LA and Sofi stadium.

The manager has listed the unit size as 1998 square feet.
Unit Size
1,998Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$576
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
Dec 18, 2023 No longer available -
No longer available
Dec 14, 2023 Sold to Leta Shy $1,150,000
Sold to Leta Shy
Dec 2, 2023 In contract -
In contract
Nov 10, 2023 In contract -
In contract
Nov 2, 2023 Listed $1,150,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,441
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2195
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2195 LOT/SEC 143

Ownership

  • Current Owner : SHY LETA
  • Previous Owner : SOCAL INNOVATIVE INVESTMENTS LLC
  • Owner Before Previous Owner: HILLIARD LAURENCE E
  • Owner Before Previous Owner 2: THE FLOOD FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag Date: Feb 27, 2024

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234002

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-D2
  • Subdivision Tract Number: 2195
  • Parcel: 5022-022-019
  • Lot: 143
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 34.0063
  • Longitude: -118.319

    Address

  • Full Address: 4234 2nd Ave
  • Address - House Number: 4234
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C031
  • 4-Digit Zip Code: 4004
  • Zip Code: 90008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,374
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 96
  • Final Value: 1,133,284
  • High Value: 1,210,077
  • Low Value: 1,056,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,108,057
  • First Open Lien Mortgage Lender: OCMBC, INC.
  • First Open Lien Mortgage Recording Date: Dec 14, 2023
  • First Open Lien Mortgage Loan Amount: $1,108,057
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,600
  • Assessed Land Value: $636,480
  • Assessed Improvements Value: $159,120

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Transaction ID: 11917800223
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 875633
  • Previous Sale Recording Date: Jun 04, 2021
  • Previous Sale Contract Date: May 27, 2021
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC, INC.
  • First Mortgage Transaction Date: Dec 14, 2023
  • First Mortgage Loan Amount: $1,108,057
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: REAL PROPERTY FUNDING GROUP LL
  • Previous Mortgage Transaction Date: Jun 04, 2021
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
2,428 ft²
$391/ft²
$949,000 Aug 17, 2023
-
-
Other
Loft
-
3,558 ft²
$363/ft²
$1,290,000 Nov 9, 2023
-
-
In Contract
Multifamily
Stu
-
1,744 ft²
$596/ft²
$1,040,000 Apr 15, 2022
-
-
House
4 Beds
3 Baths
2,090 ft²
$622/ft²
$1,299,000 Jul 27, 2023
-
-
House
2 Beds
2 Baths
1,475 ft²
$793/ft²
$1,169,000 Sep 14, 2023
-
-
House
3 Beds
2 Baths
1,564 ft²
$831/ft²
$1,299,999 Sep 28, 2023
-
-
House
4 Beds
4 Baths
1,610 ft²
$620/ft²
$998,900 Oct 24, 2023
-
-
House
2 Beds
2 Baths
1,401 ft²
$892/ft²
$1,250,000 Nov 25, 2023
-
-
House
3 Beds
2 Baths
1,323 ft²
$793/ft²
$1,049,000 Nov 10, 2023
-
-
Multifamily
3 Beds
3 Baths
1,188 ft²
$790/ft²
$938,888 Sep 12, 2023
-
-
Multifamily
4 Beds
4 Baths
3,464 ft²
$271/ft²
$939,000 Nov 1, 2023
-
-
Multifamily
11 Beds
6 Baths
4,402 ft²
$301/ft²
$1,325,000 Oct 28, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 4234 2nd Avenue built and last sold?
The property at 4234 2nd Avenue was built in 1923 and last sold on Nov 28, 2023 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 4234 2nd Avenue is $1,161,500.
What are some comparable homes to 4234 2nd Avenue?
There are currently no comparable homes to 4234 2nd Avenue.

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