1237 4Th Ave, Los Angeles, CA 90019
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1237 4Th Ave Los Angeles, CA 90019

$1,799,000
  • 20 Beds
  • 14 Baths
  • 4,874 Sq.Ft.
For Sale
$1,799,000 Get Pre-Qualified

Map preview of 1237 4Th Ave, Los Angeles, CA 90019

Property Overview: 1237 4Th Ave Los Angeles, CA has 20 bedrooms, 14 bathrooms, 4,874 living square feet and 8,100 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Wonderful and well maintained four units in a nice neighborhood. Building has been remodeled with many upgrades in kitchens and bathrooms. Each unit is very spacious with an open floor plan. It has lots of parking spaces( more than 8) and each unit has a laundry hook-up. Great investment property in a good rental area. Showing with accepted offer only.The profile shows 4 beds + 2 baths, the actual using 8 Beds + 6 Baths. Buyer to verify permit. Do not disturb tenants!

Listed by Seong Kelly Chong | BRE #01273557 | Dream Realty & Investments Inc
Last checked: 2 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24399345
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.99%
  • Gross Rent Multiplier: 18.06
  • Gross Scheduled Income: --
  • Net Operating Income: $71,852
  • Gross Operating Income: $99,600
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1237 4Th Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Gated, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5081013007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Olympic and Pico, Between Arlington and Crenshaw.
View more facts & features

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Sale History for 1237 4Th Ave

Last sold for $850,000 on September 21st, 2015
  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 24399345

    $1,799,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23283119

    $1,499,000

    Price

  • Jun 22, 2023

    Date

    Active

    CRMLS: 23283119

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2017

  • Jul 27, 2017

    Date

    Expired

    CRMLS: 01036041

    --

    Price

  • Listing provided courtesy of CRMLS

    BUILDING HAS MANY REMODELED. TWO UNITS DONE NEW KITCHEN & PAINT. READY TO MOVE IN. ALLBATHROOMS BEEN REMODELED. LOT OF PARKING SPACE. EASY TO SHOW CALL LISTIN AGENT FOR SHOWING.

  • July, 2017

  • Jul 27, 2017

    Date

    Sold

    CRMLS: 04110678

    $870,000

    Price

  • Listing provided courtesy of CRMLS

    Building has been remodeled with many upgrades (i.e. copper plumbing) in bathrooms and kitchens. Perfect for owner/user. Lots of parking space. Inspection subject to accepted offer only.

  • September, 2015

  • Sep 21, 2015

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • August, 2007

  • Aug 27, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,105,000

    Price

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Tax History for 1237 4Th Ave

Assessed Value (2020): $920,066
Year Land Value Improved Value Assessed Value
2020 $644,046 $276,020 $920,066

Home Value Compared to the Market

This property vs the competition

1237 4Th Ave is listed 44.04% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $369.1 per/sqft which puts the price per square foot 52.56% lower than the median price per square foot for the city of Los Angeles.

About 1237 4Th Ave

Detailed summary of property

1237 4Th Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 20 bedrooms, 14 bathrooms, roughly 4,874 living square feet, and sits on an approximately 8,100 square foot lot. 1237 4Th Ave was first listed on ArdentRealEstateGroup.com on June 10, 2024. The homeowner is currently asking $1,799,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.04% higher than the median priced home. Local competing homes currently for sale include 1726 Crenshaw Blvd, 1717 Crenshaw Blvd and 1248 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 98 days, 1237 4Th Ave has a days on market of 16 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1237 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 1237 4Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1922
Sq. Ft.
4,874
Lot Size
8,100
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
76
APN
5081-013-007

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
$1,459,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
71
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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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.