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2112 E 4Th St Los Angeles, CA 90033

$990,000 Sold Price as of 06/19/2019

16 Beds
15 Baths
4,320 Sq.Ft.

Sold

$990,000 Sold Price as of 06/19/2019 Refinance Your Mortgage

Map preview of 2112 E 4Th St, Los Angeles, CA 90033

Property Overview: 2112 E 4Th St Los Angeles, CA has 16 bedrooms, 15 bathrooms, 4,320 living square feet and 5,848 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This fantastic 5-unit property is located in the booming area of Boyle Heights. Fully occupied, the property has positive cash flow on current rents with a CAP Rate of 5.29%. There are generously sized residences: (4) one-bedroom/one-bath units and (1) two-bedroom/one-bathroom unit. The two-bedroom unit is a separate back house with a parking spot and a private yard. The one-bedroom units are spacious at nearly 850 square feet each. All the units are individually metered for both gas and electric while each unit has its own laundry hook-ups. Boyle Heights is a community on the rise. With a rich cultural history, the area is walkable with many shops, eats and public transport. And it is just a few minutes from Downtown LA, Arts District & Little Tokyo

Listed by Jeremy Kaiser | BRE #01725819 | PLG Estates
Co-listed by Alyse Livingston | BRE #01968030 | PLG Estates

Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft: 5,848
HOA Dues: $0/mo
Year built: 1913
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19455646
City: Los Angeles
County: Los Angeles
Time on Site: 1263 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,158
Total Rent: $24,900
Pro Forma/Market Rent: $2,300

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $927
Total Rent: $10,694
Pro Forma/Market Rent: $1,500

Unit Breakdown 3

# of Units: 3
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $963
Total Rent: $11,112
Pro Forma/Market Rent: $1,500

Unit Breakdown 4

# of Units: 4
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,376
Total Rent: $15,875
Pro Forma/Market Rent: $1,500

Unit Breakdown 5

# of Units: 5
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $883
Total Rent: $10,184
Pro Forma/Market Rent: $1,500

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.29%
Gross Rent Multiplier: 13.87
Gross Scheduled Income: --
Net Operating Income: $55,582
Gross Operating Income: $75,684
Improvements Total: $350,142

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 2112 E 4Th St

Interior Features

Cooling Information

No Cooling
None

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Uncovered

Property Information

Total # of Units: 5
Parcel Number: 5183018005

Location / Neighborhood

Location Information

Directions: Google Maps

View more facts & features

Local Los Angeles Agent

Sale History for 2112 E 4Th St

Last sold for $990,000 on June 19th, 2019

June, 2019
Jun 19, 2019

Date

Sold

CRMLS: 19455646

$990,000

Price
May 24, 2019

Date

Pending

CRMLS: 19455646

$1,050,000

Price
Apr 18, 2019

Date

Active

CRMLS: 19455646

$1,050,000

Price
June, 2019
Jun 19, 2019

Date

Sold (Public Records)

Public Records

$990,000

Price
June, 2013
Jun 20, 2013

Date

Sold (Public Records)

Public Records

$490,000

Price

Tax History for 2112 E 4Th St

Assessed Value (2020): $1,009,800

Year	Land Value	Improved Value	Assessed Value
2020	$555,900	$453,900	$1,009,800

Home Value Compared to the Market

This property vs the competition

2112 E 4Th St sold on June 19, 2019 for 7.08% lower 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 $243.06 per/sqft which puts the price per square foot 67.76% lower than the current median sale per square foot for the city of Los Angeles.

About 2112 E 4Th St

Detailed summary of property

2112 E 4Th St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 16 bedrooms, 15 bathrooms, roughly 4,320 living square feet, and sits on an approximately 5,848 square foot lot. 2112 E 4Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $990,000. 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 7.08% lower than the current median priced home. Local homes that are currently for sale include 2641 Pomeroy Ave, 923 N Alma Ave and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 99 days, 2112 E 4Th St has a days on market of 34 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 2112 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 2112 E 4Th St

Public county record property details

Beds: 6
Baths: 5
Year built: 1913
Sq. Ft.: 4,320
Lot Size: 5,848
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5183-018-005

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

$685,000

Median List Price/Sq.Ft.

$555

Median Sold Price

$755,000

Median Sold Price/Sq.Ft.

$625

Total Inventory

Median Sale to List Price %

108.01%

Avg Days on Market

Loan Type

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

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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.