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1258 4Th Ave Los Angeles, CA 90019

$2,090,000 Sold Price as of 04/21/2022

9 Beds
7 Baths
6,407 Sq.Ft.

Sold

$2,090,000 Sold Price as of 04/21/2022 Refinance Your Mortgage

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Map preview of 1258 4Th Ave, Los Angeles, CA 90019

Property Overview: 1258 4Th Ave Los Angeles, CA has 9 bedrooms, 7 bathrooms, 6,407 living square feet and 8,946 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and transportation. It’s a great opportunity to own huge 4Unit (#1256, #1256 1/2, #1258, #1258 1/2) of 6,407 sqft of building and 8,946 sqft of lot. All Copper Plumbing and PVC Drain. About 4years ago, 2Bathroom added with permits (in #1256 & #1256 1/2), 3Units remodeled with Cabinet, Quarts Counter Top, Sink, Tiled Back Splash & Floor, Stainless Appliances, AC/Heat (3units), Lighting, Ceiling Fans, Tankless Water Heater (in #1256 1/2), Washer & Dryer (3units) and Bathrooms (3units). Behind the building, there are three garages and plenty of parking spaces for each unit. The building size is big so there is potential for increase in income. This is AS-IS condition sale. Buyers advised to verify all permits, records to their own satisfaction.

Listed by Soo Yeol Oh | BRE #01879346 | New Star Realty & Investment
Co-listed by Hyun Soo Oh | BRE #02100135 | New Star Realty & Investment

Last checked: 15 minutes ago | Last updated: April 21st, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft: 8,946
HOA Dues: $0/mo
Year built: 1916
Garage: 3 Car
Property Type:: Fourplex

Status: Sold
MLS#: PW21266695
City: Los Angeles
County: Los Angeles
Time on Site: 1012 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1
# of Leased Units: 3
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,650
Total Rent: $2,650
Pro Forma/Market Rent: $3,200

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $3,300
Total Rent: $3,300
Pro Forma/Market Rent: $3,500

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,800
Total Rent: $2,800
Pro Forma/Market Rent: $3,200

Unit Breakdown 4

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $3,200

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 4.44%
Gross Rent Multiplier: 17.15
Gross Scheduled Income: $125,400
Net Operating Income: $95,100
Gross Operating Income: $125,400

Annual Expense Breakdown

Total Operating Expense: $30,300
New Taxes: $22,000
Trash: $0
Insurance: $2,000
Maintenance: $2,400
Water/Sewer: $3,900

Property Details for 1258 4Th Ave

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Laundry Information

Has Laundry
Inside

Fireplace Information

Has Fireplace
Living Room

Room Information

Flooring: Wood
Bonus Room, Walk-In Closet

Kitchen Information

Has Appliances
Built-In Range, Dishwasher, Range Hood

Interior Features

Balcony, Ceiling Fan(s), Crown Molding
Levels: Two
Window Features: Double Pane Windows
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Information

Has Fence
Wood
No Spa
Spa Features: None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 8
Has Parking
Parking Features: Assigned

Lot Information

Lot Features: Lot 6500-9999, Walkstreet
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

No View
View: None
Common Walls: No Common Walls
Total # of Units: 4
Parcel Number: 5081014015
Year Built Source: Assessor
Entry Level: 1
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Sewer Paid
Water Source: Public
Utilities: Sewer Connected

Location / Neighborhood

Location Information

Directions: N. of Pico and 4th Ave.

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 1258 4Th Ave

Last sold for $2,090,000 on April 21st, 2022

April, 2022
Apr 21, 2022

Date

Sold

CRMLS: PW21266695

$2,090,000

Price
Apr 2, 2022

Date

Pending

CRMLS: PW21266695

$2,150,000

Price
Apr 2, 2022

Date

Active Under Contract

CRMLS: PW21266695

$2,150,000

Price
Feb 24, 2022

Date

Hold

CRMLS: PW21266695

$2,150,000

Price
Feb 15, 2022

Date

Active

CRMLS: PW21266695

$2,150,000

Price
Feb 9, 2022

Date

Hold

CRMLS: PW21266695

$2,150,000

Price
March, 2022
Mar 19, 2022

Date

Leased

CRMLS: PW22029703

$3,300

Price
Feb 15, 2022

Date

Active

CRMLS: PW22029703

$3,300

Price
Listing provided courtesy of CRMLS

Location, Location, Location!!! Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and transportation. Remodeled with Cabinet, Quarts Counter Top, Sink, Tiled Back Splash & Laminate Floor and Bathrooms. There are AC/Heat, Lighting, Ceiling Fans, Refrigerator, Washer & Dryer, etc. Behind the building, there are 1 garages and 1 parking spaces for the unit.

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August, 2021
Aug 31, 2021

Date

Leased

CRMLS: PW21169968

$2,800

Price
Aug 30, 2021

Date

Pending

CRMLS: PW21169968

$2,750

Price
Aug 22, 2021

Date

Price Change

CRMLS: PW21169968

$2,750

Price
Aug 3, 2021

Date

Active

CRMLS: PW21169968

$2,800

Price
Listing provided courtesy of CRMLS

Location, Location, Location!!! 2Bed/2Bth + Bonus Room. Gated Fourplex Condo. All Copper Plumbing and PVC Drain. Quarts Counter Top, Sink, Tiled Back Splash & Wood Floor, Stainless Appliances, Lighting, Ceiling Fans, Refrigerator, Washer and Dryer. Behind the building, there are 2 parking spaces. Located only minutes away from Korea town, Downtown LA, restaurants, entertainment, shopping centers and transportation.

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August, 2021
Aug 23, 2021

Date

Hold

CRMLS: PW21144394

$2,290,000

Price
Jul 10, 2021

Date

Active

CRMLS: PW21144394

$2,290,000

Price
Jul 3, 2021

Date

Coming Soon

CRMLS: PW21144394

$2,290,000

Price
Listing provided courtesy of CRMLS
August, 2020
Aug 23, 2020

Date

Leased

CRMLS: SR20149549

$2,650

Price
Aug 5, 2020

Date

Pending

CRMLS: SR20149549

$2,600

Price
Jul 27, 2020

Date

Active

CRMLS: SR20149549

$2,600

Price
Listing provided courtesy of CRMLS

Nicely upgraded and bright and light upper unit out of 4 units in the Korea Town. Spacious bedrooms and remodeled kitchen, bathrooms. Large living room, Spacious extra storage room, Washer and dryer included.

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May, 2020
May 19, 2020

Date

Canceled

CRMLS: 20543500

$2,950

Price
May 1, 2020

Date

Active

CRMLS: 20543500

$2,950

Price
May 1, 2020

Date

Expired

CRMLS: 20543500

$2,950

Price
Jan 13, 2020

Date

Active

CRMLS: 20543500

$2,950

Price
Listing provided courtesy of CRMLS

Spacious and well appointed top floor unit in this well maintained fourplex inthe heat of country club Los Angeles.The unit benefits from having a lage living room and the could be used as a home office or bonus space.There is hook up laundry in unit.

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May, 2020
May 19, 2020

Date

Canceled

CRMLS: 19536554

$2,250,000

Price
Dec 14, 2019

Date

Active

CRMLS: 19536554

$2,250,000

Price
Listing provided courtesy of CRMLS

Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown.Downtown LA,greate restaurants,entertainment,and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally, the quiet neighborhood serves as a bonus along with the prime location.Also,the building size is big so there is potential for increase in income.

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December, 2019
Dec 14, 2019

Date

Canceled

CRMLS: 19463266

$2,250,000

Price
May 6, 2019

Date

Active

CRMLS: 19463266

$2,250,000

Price
Listing provided courtesy of CRMLS

Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown.Downtown LA,greate restaurants,entertainment,and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally, the quiet neighborhood serves as a bonus along with the prime location.Also,the building size is big so there is potential for increase in income.

Continue Reading
November, 2018
Nov 13, 2018

Date

Sold

CRMLS: 18384324

$1,800,000

Price
Oct 18, 2018

Date

Pending

CRMLS: 18384324

$2,090,000

Price
Sep 24, 2018

Date

Price Change

CRMLS: 18384324

$2,090,000

Price
Sep 10, 2018

Date

Active

CRMLS: 18384324

$2,150,000

Price
Listing provided courtesy of CRMLS

Hancock Park Remodeled 4 units ! 3 Units are Completed Remodeled , 1 unit lease is expiring in 8 month (1258 1/2=Not Remodeled) , 2 New Bathroom Added with Permits (in 1256&1256 1/2) , All New Copper Plumbing and PVC Drain , 3 Units Remodeled with New Cabinet , Quarts Counter Top , New Sink , New Tiled Back Splash & Floor, New Stainless Alliances , New AC/Heat (3 units) , New Lighting , New Ceiling Fans , New Tankless Water Heater (in 1256 1/2) , New Washer&Dryer (3units) , New Bathrooms (3 units) ....

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November, 2018
Nov 8, 2018

Date

Sold (Public Records)

Public Records

$1,850,000

Price
August, 2017
Aug 23, 2017

Date

Sold

CRMLS: 17241058

$1,350,000

Price
Aug 12, 2017

Date

Pending

CRMLS: 17241058

$1,450,000

Price
Aug 7, 2017

Date

Active Under Contract

CRMLS: 17241058

$1,450,000

Price
Jul 31, 2017

Date

Price Change

CRMLS: 17241058

$1,450,000

Price
Jul 26, 2017

Date

Active Under Contract

CRMLS: 17241058

$1,549,000

Price
Jun 13, 2017

Date

Active

CRMLS: 17241058

$1,549,000

Price
Listing provided courtesy of CRMLS

Excellent opportunity to own Hugh 4 Unit over 6400 sf of building and 8944 sf of lot. Located within minutes of shopping and transportation. This is AS - IS Sale. Buyers advised to verify all permits, records to their own satisfaction. DO NOT DISTURB TENANTS. Unit 1256 is Vacant. Required 1031 exchange for seller. UNIT 1256- 2 BED AND 1258 - 3 BED UNIT WILL DELIVERED VACANT.

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August, 2017
Aug 23, 2017

Date

Sold (Public Records)

Public Records

$1,350,000

Price

Tax History for 1258 4Th Ave

Assessed Value (2020): $1,887,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,285,200	$601,800	$1,887,000

Home Value Compared to the Market

This property vs the competition

1258 4Th Ave sold on April 21, 2022 for 91.96% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $335.57 per/sqft which puts the price per square foot 53.65% lower than the current median sale per square foot for the city of Los Angeles.

About 1258 4Th Ave

Detailed summary of property

1258 4Th Ave is a fourplex that recently sold in Los Angeles, CA 90019. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 6,407 living square feet, and sits on an approximately 8,946 square foot lot. 1258 4Th Ave was first listed on ArdentRealEstateGroup.com on December 21, 2021. The homeowner sold the property for $2,090,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 91.96% higher than the current median priced home. Local homes that are currently for sale include 800 S Norton Ave, 1717 Crenshaw Blvd and 1721 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1258 4Th Ave has a days on market of 58 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1258 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 1258 4Th Ave

Public county record property details

Beds: 9
Baths: 7
Year built: 1916
Sq. Ft.: 6,407
Lot Size: 8,946
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 43
APN: 5081-014-015

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

$1,399,999

Median List Price/Sq.Ft.

$702

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 1258 4Th Ave

Nearby Homes for Sale

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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.

1258 4Th Ave Los Angeles, CA 90019

Unit Mix Summary

Unit Breakdown 1

Unit Breakdown 2

Unit Breakdown 3

Unit Breakdown 4

Property Income and Analysis

Annual Expense Breakdown

Property Details for 1258 4Th Ave

Cooling Information

Laundry Information

Fireplace Information

Room Information

Kitchen Information

Interior Features

Exterior Information

Exterior Features

Parking/Garage Information

Lot Information

Property Information

Homeowners Association

Utilities Information

Location Information

Neighborhood Information

Local Los Angeles Agent

Sale History for 1258 4Th Ave

Tax History for 1258 4Th Ave

Home Value Compared to the Market

About 1258 4Th Ave

Public Facts for 1258 4Th Ave

90019 Real Estate Sale History (Last 30 days)

Thinking of Selling?

Homes for Sale Near 1258 4Th Ave

Nearby Homes for Sale

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Recently Sold Homes Near 1258 4Th Ave

$1,750,000 Last Sold Price

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New Listings in 90019

Popular Zip Codes

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