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2607 W 4Th St, Los Angeles, CA 90057
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2607 W 4Th St Los Angeles, CA 90057

$850,000 Sold Price as of 03/19/2021
  • 0 Beds
  • 7 Baths
  • 2,673 Sq.Ft.
Sold
$850,000 Sold Price as of 03/19/2021 Refinance Your Mortgage
Map preview of 2607 W 4Th St, Los Angeles, CA 90057

Property Overview: 2607 W 4Th St Los Angeles, CA has -- bedrooms, 7 bathrooms, 2,673 living square feet and 6,944 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***Gated On-Site Parking***Approximately 58% in Upside Potential***Centrally Located ***Large 6,944 Square Foot R4 Lot*** Minutes from Downtown Los Angeles

Listed by Edward Caballero | BRE #01945899 | Keller Williams Downtown LA
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,944
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21678112
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $696
  • Total Rent: $4,872
  • Pro Forma/Market Rent: $7,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.39
  • Gross Scheduled Income: --
  • Net Operating Income: $29,495
  • Gross Operating Income: $56,715
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2607 W 4Th St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 7
  • Parcel Number: 5155027001
Location / Neighborhood
Location Information
  • Directions: Located in the rapidly gentrifying location of Westlake, the subject property is minutes away from Downtown Los Angeles. The subject property is located within walking distance to Dominos, McDonalds, and Hoho Chicken. A savvy investor can take advantage of the potential upside by capitalizing on the high demand for housing in the immediate area.
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Local Los Angeles Agent

Sale History for 2607 W 4Th St

Last sold for $850,000 on March 19th, 2021

  • March, 2021

  • Mar 21, 2021

    Date

    Sold

    CRMLS: 21678112

    $850,000

    Price

  • Jan 27, 2021

    Date

    Pending

    CRMLS: 21678112

    $900,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: 21678112

    $900,000

    Price

  • Jan 9, 2021

    Date

    Pending

    CRMLS: 21678112

    $900,000

    Price

  • Jan 9, 2021

    Date

    Active

    CRMLS: 21678112

    $900,000

    Price

Tax History for 2607 W 4Th St

Assessed Value (2020): $232,400
Year Land Value Improved Value Assessed Value
2020 $114,235 $118,165 $232,400

Home Value Compared to the Market

This property vs the competition

2607 W 4Th St sold on March 19, 2021 for 29.36% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $336.7 per/sqft which puts the price per square foot 57.43% lower than the current median sale per square foot for the city of Los Angeles.

About 2607 W 4Th St

Detailed summary of property

2607 W 4Th St is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered -- bedrooms, 7 bathrooms, roughly 2,673 living square feet, and sits on an approximately 6,944 square foot lot. 2607 W 4Th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $850,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.36% lower than the current median priced home. Local homes that are currently for sale include 1156 Fedora St, 4500 Gilbert Pl and 2001 Cambridge St. While the average home in Los Angeles, CA is selling in 100 days, 2607 W 4Th St has a days on market of 11 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 2607 W 4Th St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2607 W 4Th St

Public county record property details
Beds
4
Baths
4
Year built
1911
Sq. Ft.
2,673
Lot Size
6,944
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5155-027-001

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$390,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
17
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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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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