4015 Portola Ave, Los Angeles, CA 90032
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4015 Portola Ave Los Angeles, CA 90032

$910,000 Sold Price as of 07/29/2021
  • 5 Beds
  • 3 Baths
  • 1,380 Sq.Ft.
Sold
$910,000 Sold Price as of 07/29/2021 Refinance Your Mortgage

Map preview of 4015 Portola Ave, Los Angeles, CA 90032

Property Overview: 4015 Portola Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,380 living square feet and 7,196 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two separate houses individually metered located on a quiet street in a great neighborhood in Northeast LA. Live in the front unit and use the rental income from the back house to help pay your mortgage. Or rent out both units for excellent rental income. Tenants in the back house enjoy a spacious backyard and have access to their own driveway and garage. The back house is a 2 bedroom 1 bath. The front house is a move in ready large 3 bedroom 2 bathroom home. Laminate wood flooring in the living and kitchen area, and carpeting in each bedroom. The kitchen has newer cabinets with quartz counter tops. Front house also has its own separate driveway for parking. Home includes washer dryer hook up, Window AC and mini split. Back unit is tenant occupied please do not go on property without appointment.

Listed by Rick Cheng | BRE #01958923 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,196
HOA Dues
$0/mo
Year built
1926
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR21128342
City
Los Angeles
County
Los Angeles
Time on Site
1063 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,400
  • Net Operating Income: $50,434
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,966
  • New Taxes: $9,600
  • Trash: $0
  • Gardener: $650
  • Insurance: $983
  • Maintenance: $600
  • Water/Sewer: $703

Property Details for 4015 Portola Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
  • Window Features: Insulated Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Detached Carport, Concrete
Lot Information
  • Lot Features: 2-5 Units/Acre, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5307009009
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: From Huntington Blvd turn into Portola Ave and go straight, house is on the left.
Neighborhood Information
  • Community Features: Mountainous
View more facts & features

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Sale History for 4015 Portola Ave

Last sold for $910,000 on July 29th, 2021
  • July, 2021

  • Jul 29, 2021

    Date

    Sold

    CRMLS: AR21141698

    $910,000

    Price

  • Jul 7, 2021

    Date

    Pending

    CRMLS: AR21141698

    $798,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: AR21141698

    $798,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 29, 2021

    Date

    Sold

    CRMLS: AR21128342

    $910,000

    Price

  • Jul 7, 2021

    Date

    Pending

    CRMLS: AR21128342

    $798,000

    Price

  • Jun 23, 2021

    Date

    Active

    CRMLS: AR21128342

    $798,000

    Price

  • April, 2021

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $479,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $580,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $589,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $580,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $530,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $539,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $539,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $509,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $499,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $570,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: C07132064

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    ******** Great income property for investor or two families. Live in one and rent the other unit. Possible third unit not permitted. Property has been completely redone with New roof, windows, tile floor, carpet, and int/ext paint.

  • May, 2016

  • May 24, 2016

    Date

    Sold (Public Records)

    Public Records

    $489,000

    Price

  • July, 2015

  • Jul 10, 2015

    Date

    Sold (Public Records)

    Public Records

    $373,500

    Price

Show More

Tax History for 4015 Portola Ave

Assessed Value (2020): $529,307
Year Land Value Improved Value Assessed Value
2020 $372,355 $156,952 $529,307

Home Value Compared to the Market

This property vs the competition

4015 Portola Ave sold on July 29, 2021 for 32.94% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $578.26 per/sqft which puts the price per square foot 23.41% lower than the current median sale per square foot for the city of Los Angeles.

About 4015 Portola Ave

Detailed summary of property

4015 Portola Ave is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,380 living square feet, and sits on an approximately 7,196 square foot lot. 4015 Portola Ave was first listed on ArdentRealEstateGroup.com on June 23, 2021. The homeowner sold the property for $910,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.94% lower than the current median priced home. Local homes that are currently for sale include 3531 Griffin Ave, 321 W Avenue 37 and 5133 Baltimore St. While the average home in Los Angeles, CA is selling in 93 days, 4015 Portola Ave has a days on market of 12 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 4015 Portola Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4015 Portola Ave

Public county record property details
Beds
3
Baths
2
Year built
1926
Sq. Ft.
1,380
Lot Size
7,196
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
5307-009-009

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$858,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
68
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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.