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8142 West 4th Street

8142 West 4th Street, Los Angeles, CA 90048
Multifamily in Mid-City West
Sold Nov 06, 2020
$1,757,500
$1,260,000 by First Republic Bank
Mortgage Due Feb 01, 2051
Local assessors in Los Angeles, CA have categorized 8142 West 4th Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 6,251 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8142 West 4th Street has a total of 3,849 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The property was last sold in Oct 23, 2020 for $1,757,500. That's $456.61 per sqft. 8142 West 4th Street was last assessed in 2023. The total value of the property was assessed at $1,828,242. Specifically, the land the property is located on was valued at $1,456,560. While improvements on the property were assessed at a total of $371,682. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $21,380. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 3,849
  • Gross Building Area: 3,849
  • Building Area: 3,849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7555
  • Land Acres: 0.144
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 7555 LOT/SEC 17 BLK/DIV/TWN 34

Ownership

  • Current Owner : CANYON VIEW CAPITAL PARTNERS LLC
  • Previous Owner : FARKAS MICHAEL L
  • Previous Owner 2: FARKAS FRANCINE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 33-E6
  • Subdivision Tract Number: 7555
  • Parcel: 5511-041-017
  • Block: 34
  • Lot: 17
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.0702
  • Longitude: -118.367

    Address

  • Full Address: 8142 W 4th St
  • Address - House Number: 8142
  • Street Direction: W
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C051
  • 4-Digit Zip Code: 4416
  • Zip Code: 90048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,380
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,237,984
  • High Value: 2,740,329
  • Low Value: 1,735,638

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,170,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jan 20, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,260,000
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Feb 28, 2023
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $910,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,828,242
  • Assessed Land Value: $1,456,560
  • Assessed Improvements Value: $371,682

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11796360895
  • Current Sale Price: $1,757,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1409897

About Central LA



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Frequently Asked Questions

What neighborhood is 8142 West 4th Street located in?
The 8142 West 4th Street is a multifamily located in the neighborhood of Mid-City West in Central LA, Los Angeles.
What is the average sales price for listings in 8142 West 4th Street?
The average sales price for units in 8142 West 4th Street is $0 currently.

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