Image 2 for 3007 E 4Th St, Los Angeles, CA 90063

View Photos

3007 E 4Th St Los Angeles, CA 90063

$835,000 Sold Price as of 01/05/2022

4 Beds
4 Baths
2,507 Sq.Ft.

Sold

$835,000 Sold Price as of 01/05/2022 Refinance Your Mortgage

Refinance Your Mortgage

Map preview of 3007 E 4Th St, Los Angeles, CA 90063

Property Overview: 3007 E 4Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,507 living square feet and 5,174 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3007 E 4thStreet is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, 100% occupied and paying rent during COVID. The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath standalone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.

Listed by Joel Nass | BRE #01954931 | Clint Lukens Realty

Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft: 5,174
HOA Dues: $0/mo
Year built: 1926
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21783002
City: Los Angeles
County: Los Angeles
Time on Site: 1102 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,539
Total Rent: $1,539
Pro Forma/Market Rent: $1,595

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $635
Total Rent: $635
Pro Forma/Market Rent: $1,595

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,995
Total Rent: $1,995
Pro Forma/Market Rent: $2,095

Unit Breakdown 4

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,336
Total Rent: $1,336
Pro Forma/Market Rent: $1,795

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 12.86
Gross Scheduled Income: --
Net Operating Income: $46,901
Gross Operating Income: $64,097

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3007 E 4Th St

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Heating Information

Has Heating
Wall Furnace

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 4
Has Parking
Parking Features: Driveway

Property Information

Total # of Units: 4
Parcel Number: 5179004012
Architectural Style: Traditional

Location / Neighborhood

Location Information

Directions: North side of East 4th Street about 1 mile East of the 5 Fwy

View more facts & features

Local Los Angeles Agent

Sale History for 3007 E 4Th St

Last sold for $835,000 on January 5th, 2022

September, 2021
Sep 21, 2021

Date

Price Change

CRMLS: 21783002

$850,000

Price
Sep 13, 2021

Date

Active

CRMLS: 21783002

$895,000

Price
September, 2021
Sep 4, 2021

Date

Expired

CRMLS: 21745134

$895,000

Price
Jul 31, 2021

Date

Withdrawn

CRMLS: 21745134

$895,000

Price
Jun 7, 2021

Date

Active

CRMLS: 21745134

$895,000

Price
Listing provided courtesy of CRMLS

3007 E 4th Street is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, property us 75% occupied (2b1b bungalow vacant.) The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath stand alone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.

Continue Reading
December, 2020
Dec 15, 2020

Date

Expired

CRMLS: 20631928

$869,000

Price
Oct 24, 2020

Date

Withdrawn

CRMLS: 20631928

$869,000

Price
Sep 14, 2020

Date

Active

CRMLS: 20631928

$869,000

Price
Listing provided courtesy of CRMLS

3007 E 4th Street is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, 100% occupied and paying rent during COVID. The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath standalone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.

Continue Reading
July, 2017
Jul 11, 2017

Date

Sold

CRMLS: 17236902

$469,000

Price
Jun 6, 2017

Date

Pending

CRMLS: 17236902

$439,000

Price
Jun 1, 2017

Date

Active

CRMLS: 17236902

$439,000

Price
Listing provided courtesy of CRMLS

Mixed use property. Includes barbershop in front; two 1/1 units; and house (2/1) in rear of property. Alley access. Gated entrances to front and rear of property.

Continue Reading
July, 2017
Jul 11, 2017

Date

Sold (Public Records)

Public Records

$469,000

Price
July, 2007
Jul 10, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3007 E 4Th St

Assessed Value (2020): $487,947

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$175,827	$487,947

Home Value Compared to the Market

This property vs the competition

3007 E 4Th St sold on January 5, 2022 for 24.11% lower 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 $339.05 per/sqft which puts the price per square foot 53.17% lower than the current median sale per square foot for the city of Los Angeles.

About 3007 E 4Th St

Detailed summary of property

3007 E 4Th St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,507 living square feet, and sits on an approximately 5,174 square foot lot. 3007 E 4Th St was first listed on ArdentRealEstateGroup.com on September 13, 2021. The homeowner sold the property for $835,000. 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 24.11% lower than the current median priced home. Local homes that are currently for sale include 818 N Fickett, 1160 S Dacotah St and 2746 Wabash Ave. While the average home in Los Angeles, CA is selling in 106 days, 3007 E 4Th St has a days on market of 38 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3007 E 4Th St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3007 E 4Th St

Public county record property details

Beds: 1
Baths: 1
Year built: 1926
Sq. Ft.: 2,507
Lot Size: 5,173
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5179-004-012

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$675,000

Median List Price/Sq.Ft.

$624

Median Sold Price

$600,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

Median Sale to List Price %

100.17%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

Thinking of Selling?

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

(714) 706-1823

Homes for Sale Near 3007 E 4Th St

Nearby Homes for Sale

127 S Evergreen Ave, Los Angeles, CA 90033

Recently Sold Homes Near 3007 E 4Th St

$375,000 Last Sold Price

6 Beds

0 Baths

1720 Sq.Ft.

3007 E 3rd St
Los Angeles, CA 90033

415-417 Euclid Ave, Los Angeles, CA 90063

$557,500 Last Sold Price

3 Beds

0 Baths

1447 Sq.Ft.

415-417 Euclid Ave
Los Angeles, CA 90063

$795,000 Last Sold Price

4 Beds

2 Baths

2355 Sq.Ft.

3035 E 5th St
Los Angeles, CA 90063

$715,000 Last Sold Price

6 Beds

5 Baths

2630 Sq.Ft.

3039 E 5th St
Los Angeles, CA 90063

Related Resources to 3007 E 4Th St

New Listings in 90063

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

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.