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4249 Newdale Drive

4249 Newdale Drive, Los Angeles, CA 90027
Multifamily in Los Feliz
Sold Jul 15, 2020
$1,605,000
$1,000,000 by Sprout Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Apr 18, 2013
$874,000
$934,200 by Wells Fargo Bank Na
Mortgage Due May 01, 2043
4249 Newdale Drive in Los Angeles, CA was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4249 Newdale Drive has 2,997 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,194 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4249 Newdale Drive sold most recently in Jun 19, 2020 for a total of $1,605,000. If you work out the math, that's approximately a cost of $535.54 per sqft. Before that, the property was also sold for $874,000 in Mar 5, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,082 in taxes each year. 4249 Newdale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,905,360. If we break it down further, the land itself was valued at $1,331,916. Improvements to the property, however, were assessed at a total of $573,444. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,194
  • Total Building Area: 2,997
  • Gross Building Area: 2,997
  • Building Area: 2,997
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,997
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5832
  • Land Acres: 0.188
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 5832 LOT/SEC 63

Ownership

  • Current Owner : LEHRER GRAIWER JONATHAN
  • Current Owner 2: THE LEHER GRAIWER FAMILY TRUST
  • Previous Owner : CADDEN JOSEPH
  • Previous Owner 2: MENJIVAR LUIS ERNESTO
  • Owner Before Previous Owner: DURKIN GREG RAYMOND
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195202

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 35-A2
  • Subdivision Tract Number: 5832
  • Parcel: 5591-013-041
  • Lot: 63
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.1062
  • Longitude: -118.282

    Address

  • Full Address: 4249 Newdale Dr
  • Address - House Number: 4249
  • Address - Street Name: Newdale
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 3227
  • Zip Code: 90027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,082
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 1,959,185
  • High Value: 2,411,796
  • Low Value: 1,506,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 17, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,905,360
  • Assessed Land Value: $1,331,916
  • Assessed Improvements Value: $573,444

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11772856876
  • Current Sale Price: $1,605,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0779589
  • Previous Sale Recording Date: Apr 18, 2013
  • Previous Sale Contract Date: Mar 05, 2013
  • Previous Sale Amount: $874,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 18, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $934,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2043

About Central LA



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Frequently Asked Questions

What neighborhood is 4249 Newdale Drive located in?
The 4249 Newdale Drive is a multifamily located in the neighborhood of Los Feliz in Central LA, Los Angeles.
What is the average sales price for listings in 4249 Newdale Drive?
The average sales price for units in 4249 Newdale Drive is $0 currently.

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