2025 E 4th St Los Angeles, CA 90033

$2,850,000 Sold Price as of 09/18/2018

-- Beds
-- Baths
11,556 Sq.Ft.

Off Market

$2,850,000 Sold Price as of 09/18/2018 Refinance Your Mortgage

Map preview of 2025 E 4th St, Los Angeles, CA 90033

Property Overview: 2025 E 4th St Los Angeles, CA has -- bedrooms, -- bathrooms, 11,556 living square feet and 6,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2025 E 4th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2025 E 4th St

Last sold for $2,850,000 on September 18th, 2018

July, 2022
Jul 30, 2022

Date

Expired

CRMLS: 22143575

$4,780,000

Price
Mar 29, 2022

Date

Active

CRMLS: 22143575

$5,200,000

Price
Listing provided courtesy of CRMLS

2025 East 4th St is a 24-unit recently renovated asset for an investor to add to their portfolio for a steady stream of cash flow and passive income. The subject property is located in Boyle Heights near the corner of East 4th St and S St.Louis St near the entrance the 5-freeway providing easy access to the ArtsDistrict and Downtown LA. The subject property totals 11,556 SF featuring a unit mix of 3 singles, 14 junior one-bedrooms and 7 one-bedrooms. The majority of rents are leased market rate, providing an investor strong in-place income immediately with a CAP rate of 5.55% and 11.07 GIM at the asking price. With a high Walk Score of 91, the subject property is in close proximity to schools, employment, and transit options. This location makes it convenient for residents to commute throughout the city even without a vehicle. The BoyleHeights neighborhood remains a strong area to invest in as 75% of their roughly 95,000 residents choose to rent.

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February, 2020
Feb 11, 2020

Date

Expired

CRMLS: 19527446

$3,950,000

Price
Nov 25, 2019

Date

Price Change

CRMLS: 19527446

$3,950,000

Price
Nov 6, 2019

Date

Active

CRMLS: 19527446

$4,075,000

Price
Listing provided courtesy of CRMLS

2025 E 4th Street is a 24-unit apartment building located in the 90033 Boyle Heights sub-market-one of the most vibrant, historical and walkable neigh-borhoods in Los Angeles, known for its extensive art, culturally rich cuisine, and central location. Constructed in 1912, this 3-story, 24-unit apartment building is made up of 6 (1+1) and 18 singles. The 11,556 square foot building sits on a 6,274 square foot lot on 4th St, located directly across from Hollenbeck Park. The property offers excellent proximity to Down-town LA, in particular the trendy and rapidly developing Arts District. The building is master-metered for both electric and gas, currently al-lowing 6% annual rent increase. The gas utility expense is dramatically reduced by an existing roof-mounted solar panel system.

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September, 2018
Sep 20, 2018

Date

Sold

CRMLS: CV18145421

$2,850,000

Price
Jul 12, 2018

Date

Pending

CRMLS: CV18145421

$2,600,000

Price
Jun 18, 2018

Date

Active

CRMLS: CV18145421

$2,600,000

Price
Listing provided courtesy of CRMLS

FANTASTIC OPPORTUNITY TO OWN 24 UNITS IN HIGH RENTAL DEMAND OF DOWN TOWN LOS ANGELES. EXCELLENT MIX OF 6 ONE BEDROOM UNITS AND 18 SINGLE UNITS. ALL IN GOOD CONDITION. GREAT UPSIDE POTENTIAL OF DOUBLE DIGIT PRETAX CASHFLOW.

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September, 2018
Sep 18, 2018

Date

Sold (Public Records)

Public Records

$2,850,000

Price
February, 2012
Feb 3, 2012

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2025 E 4th St

Assessed Value (2020): $2,909,700

Year	Land Value	Improved Value	Assessed Value
2020	$1,275,000	$1,634,700	$2,909,700

About 2025 E 4th St

Detailed summary of property

2025 E 4th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90033 and last sold on September 18, 2018 for $2,850,000. This property has -- bedrooms, -- bathrooms, roughly 11,556 living square feet, and sits on an approximately 6,724 square foot lot. Homes 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 154.46% higher than the current median priced home. 2025 E 4th St was last sold on September 18, 2018 for $2,850,000. Local nearby listings include 527 Molino St #214, 1855 Industrial St #304 and 1850 Industrial St #414. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 2025 E 4th St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2025 E 4th St

Public county record property details

Beds: --
Baths: --
Year built: 1912
Sq. Ft.: 11,556
Lot Size: 6,724
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11,12
APN: 5183-012-030

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$749,000

Median List Price/Sq.Ft.

$444

Median Sold Price

$660,000

Median Sold Price/Sq.Ft.

$700

Total Inventory

Median Sale to List Price %

96.35%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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(714) 706-1823

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