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1145 4Th Ave, Los Angeles, CA 90019
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1145 4Th Ave Los Angeles, CA 90019

$2,125,000 Sold Price as of 07/01/2021
  • 20 Beds
  • 20 Baths
  • 6,060 Sq.Ft.
Sold
$2,125,000 Sold Price as of 07/01/2021 Refinance Your Mortgage
Map preview of 1145 4Th Ave, Los Angeles, CA 90019

Property Overview: 1145 4Th Ave Los Angeles, CA has 20 bedrooms, 20 bathrooms, 6,060 living square feet and 8,102 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime location near Country Club Park. Great 4 unit investment property. Two units have 2 beds and 2 baths, and one of the unit is partially remodeled. The other two units (one unit is fully remodeled in 2017 and have a balcony) have a den that can be used as a 3rd bedroom! 6,060 sf of living & 8,109 sf of lot size, 2 story building, All 4 units are paying rent. Each unit has a large size of living room, bedroom, bathroom and parking spaces. Nice and quiet area conveniently located near Miracle Miles, Koreatown and 10 freeways. Each 4 units have their own laundry and electrical meters. Do not disturb tenants. Drive by only.

Listed by Downey Chong | BRE #02044972 | Landpac Properties
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
8,102
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21730646
City
Los Angeles
County
Los Angeles
Time on Site
1143 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,788
  • Total Rent: $1,788
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.47
  • Gross Scheduled Income: --
  • Net Operating Income: $84,256
  • Gross Operating Income: $114,456
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $18,800
  • Insurance: $2,800
  • Maintenance: $7,000
  • Water/Sewer: $800

Property Details for 1145 4Th Ave

Interior Features
Room Information
  • Flooring: Laminate
  • Den
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Parking Space
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5081012009
Location / Neighborhood
Location Information
  • Directions: South of Olympic and East of Crenshaw
View more facts & features

Local Los Angeles Agent

Sale History for 1145 4Th Ave

Last sold for $2,125,000 on July 1st, 2021

  • July, 2021

  • Jul 2, 2021

    Date

    Sold

    CRMLS: 21730646

    $2,125,000

    Price

  • May 20, 2021

    Date

    Pending

    CRMLS: 21730646

    $1,999,999

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: 21730646

    $1,999,999

    Price

  • August, 2017

  • Aug 4, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,443,000

    Price

  • August, 2014

  • Aug 19, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,270,000

    Price

Show More

Tax History for 1145 4Th Ave

Assessed Value (2020): $1,501,297
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $460,897 $1,501,297

Home Value Compared to the Market

This property vs the competition

1145 4Th Ave sold on July 1, 2021 for 76.99% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $330.03 per/sqft which puts the price per square foot 56.23% lower than the current median sale per square foot for the city of Los Angeles.

About 1145 4Th Ave

Detailed summary of property

1145 4Th Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 20 bedrooms, 20 bathrooms, roughly 6,060 living square feet, and sits on an approximately 8,102 square foot lot. 1145 4Th Ave was first listed on ArdentRealEstateGroup.com on May 14, 2021. The homeowner sold the property for $2,125,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.99% higher than the current median priced home. Local homes that are currently for sale include 1726 Crenshaw Blvd, 1717 Crenshaw Blvd and 1117 S Serrano Ave. While the average home in Los Angeles, CA is selling in 99 days, 1145 4Th Ave has a days on market of 5 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1145 4Th Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1145 4Th Ave

Public county record property details
Beds
8
Baths
4
Year built
1916
Sq. Ft.
6,060
Lot Size
8,102
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
67
APN
5081-012-009

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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