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1340 W 4Th St, Los Angeles, CA 90017
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1340 W 4Th St Los Angeles, CA 90017

$4,400,000 Sold Price as of 05/06/2022
  • 10 Beds
  • 10 Baths
  • 11,503 Sq.Ft.
Sold
$4,400,000 Sold Price as of 05/06/2022 Refinance Your Mortgage
Map preview of 1340 W 4Th St, Los Angeles, CA 90017

Property Overview: 1340 W 4Th St Los Angeles, CA has 10 bedrooms, 10 bathrooms, 11,503 living square feet and 8,091 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The 4th Street Lofts is a ten-unit apartment building constructed in 2005 in a location just west of downtown Los Angeles. The property features four levels of apartments over a level of on-grade parking. The fourth floor features two units that are large one-bedroom penthouses plus a rooftop terrace with a barbecue area and spa. The 3rd floor consists of five units that are two story lofts featuring one- and one-half bathrooms. The 2nd level features three one-bedroom apartments. The property is individually metered for gas and electricity and serviced by one elevator and two staircases. The ground level features a small lobby and fourteen secured parking spaces. The fully secured property is serviced by two staircases and one elevator. The property features incredible 360-degree views of the Downtown LA skyline and Hollywood. The units offer bright, and light filled interiors with floor to ceiling loft-style windows, 9'-18' ceilings and individual balconies, maple wood kitchen cabinets and upgraded stainless-steel appliances, walk-in closets with mirrors, and a washer / dryer in each unit. As the property was constructed in 2005, it is exempt from the city of Los Angeles rent stabilization ordinance, otherwise known as Los Angeles rent control.

Listed by Brent Sprenkle | BRE #01290116 | Berkadia
Last checked: 40 seconds ago | Last updated: May 6th, 2022 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
8,091
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22117189
City
Los Angeles
County
Los Angeles
Time on Site
840 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $2,293
  • Total Rent: $6,879
  • Pro Forma/Market Rent: $8,136
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $2,562
  • Total Rent: $5,124
  • Pro Forma/Market Rent: $5,945
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $2,323
  • Total Rent: $11,613
  • Pro Forma/Market Rent: $14,233
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.44
  • Gross Scheduled Income: --
  • Net Operating Income: $169,911
  • Gross Operating Income: $283,392
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1340 W 4Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Loft
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 10
  • Parcel Number: 5152003011
Location / Neighborhood
Location Information
  • Directions: Situated on West 4th Street between Lucas Avenue and South Bixel Street.
View more facts & features

Local Los Angeles Agent

Sale History for 1340 W 4Th St

Last sold for $4,400,000 on May 6th, 2022

  • May, 2022

  • May 6, 2022

    Date

    Sold

    CRMLS: 22117189

    $4,400,000

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: 22117189

    $4,400,000

    Price

  • August, 2013

  • Aug 29, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2003

  • Sep 19, 2003

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

Show More

Tax History for 1340 W 4Th St

Assessed Value (2020): $2,235,808
Year Land Value Improved Value Assessed Value
2020 $357,506 $1,878,302 $2,235,808

Home Value Compared to the Market

This property vs the competition

1340 W 4Th St sold on May 6, 2022 for 319.05% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $382.51 per/sqft which puts the price per square foot 48.17% lower than the current median sale per square foot for the city of Los Angeles.

About 1340 W 4Th St

Detailed summary of property

1340 W 4Th St is a multi family that recently sold in Los Angeles, CA 90017. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 11,503 living square feet, and sits on an approximately 8,091 square foot lot. 1340 W 4Th St was first listed on ArdentRealEstateGroup.com on January 10, 2022. The homeowner sold the property for $4,400,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 319.05% higher than the current median priced home. Local homes that are currently for sale include 2176 S Venice Blvd, 4171 W 4th St and 1542 N Hoover St. While the average home in Los Angeles, CA is selling in 96 days, 1340 W 4Th St has a days on market of 115 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1340 W 4Th St Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1340 W 4Th St

Public county record property details
Beds
--
Baths
20
Year built
2006
Sq. Ft.
11,503
Lot Size
8,091
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5152-003-011

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,999
Median List Price/Sq.Ft.
$719
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
90
Median Sale to List Price %
95.24%
Avg Days on Market
41
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 1340 W 4Th St

410 Lucas Ave, Los Angeles, CA 90017
$1,060,000 Last Sold Price
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8 Baths
3250 Sq.Ft.
410 Lucas Ave
Los Angeles, CA 90017
275 Lucas Ave, Los Angeles, CA 90026
$2,908,000 Last Sold Price
8 Beds
22 Baths
10758 Sq.Ft.
275 Lucas Ave
Los Angeles, CA 90026
410 Witmer St, Los Angeles, CA 90017
$1,475,000 Last Sold Price
0 Beds
20 Baths
7999 Sq.Ft.
410 Witmer St
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329 Witmer St, Los Angeles, CA 90017
$875,000 Last Sold Price
11 Beds
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-- Sq.Ft.
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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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