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4017 Morgan Ave, Los Angeles, CA 90011
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4017 Morgan Ave Los Angeles, CA 90011

$555,000 Sold Price as of 10/20/2019
  • 3 Beds
  • 2 Baths
  • 1,416 Sq.Ft.
Sold
$555,000 Sold Price as of 10/20/2019 Refinance Your Mortgage
Map preview of 4017 Morgan Ave, Los Angeles, CA 90011

Property Overview: 4017 Morgan Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,416 living square feet and 8,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION !!! 2 HOMES FOR THE PRICE OF ONE FOR SALE!! $555,000 AND NEW TERMS, ATTENTION INVESTORS---NEW PRICE TO SELL FAST --AMAZING OPPORTUNITY TO EXPAND AND BUILD a THIRD UNIT**** possible to build one more unit with 1 car garage 1 carport and 2 parking spaces. 2 detached homes for sale in good condition. Renovated 2016 Front house 2 bedrooms with 1 bath, living, room formal dining room, and laundry room. Plenty of parking space between the 2 Buildings. Rear house 1 bedroom 1 bath with laundry room,( the rear house is been used as 3 bedrooms 1 bath ) assessors records shows 1 bedroom 1 bath only) seller does not warranty its legality nor does he knows if the extra 2 bonus has been permitted or not. Extra-large backyard & carport. great for owner user/investors. All information provided is deemed reliable, but is not guaranteed and should be independently verified by interest parties. Tax record shows 3 bedrooms. 2 bathrooms. Property sold AS PRESENT CONDITIONS. ( fRONT HOUSE 2 BEDROOMS 1 BATHROOM AND SECOND REAR UNIT IS BEEN SOLD AS 1 BEDROOM 1 BATHROOM PLUS 2 BONUS ROOMS. SOLD AS IS CONDITIONS INCLUDING THE TENANTS. SELLER LOOKING FOR A SHORT ESCROW.

Listed by ROSALBA FARIAS | BRE #00987798 | RE/MAX 2000
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 237

Home details

Lot Sq. Ft
8,724
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19006968
City
Los Angeles
County
Los Angeles
Time on Site
1272 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 0
  • # of Leased Units: 2
  • # 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: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,800
  • Net Operating Income: $2,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $200
  • Electric: $800
  • Gas/Fuel: $0
  • New Taxes: $737,500
  • Trash: $800
  • Insurance: $500
  • Professional Management: $0
  • Water/Sewer: $800

Property Details for 4017 Morgan Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Interior Features
  • Ceiling Fan(s), Granite Counters, Open Floorplan
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Concrete
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 6500-9999, Rectangular Lot, Level, Paved, Walkstreet, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5117014009
  • Year Built Source: Assessor
  • Architectural Style: Colonial
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West Alamada X 41th St N on Morgan Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4017 Morgan Ave

Last sold for $555,000 on October 20th, 2019

  • October, 2019

  • Oct 24, 2019

    Date

    Sold

    CRMLS: CV19006968

    $555,000

    Price

  • Oct 8, 2019

    Date

    Pending

    CRMLS: CV19006968

    $554,900

    Price

  • Aug 29, 2019

    Date

    Active Under Contract

    CRMLS: CV19006968

    $554,900

    Price

  • Jul 20, 2019

    Date

    Price Change

    CRMLS: CV19006968

    $554,900

    Price

  • Jul 15, 2019

    Date

    Price Change

    CRMLS: CV19006968

    $545,000

    Price

  • Mar 26, 2019

    Date

    Price Change

    CRMLS: CV19006968

    $555,000

    Price

  • Jan 29, 2019

    Date

    Price Change

    CRMLS: CV19006968

    $559,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: CV19006968

    $590,000

    Price

  • October, 2019

  • Oct 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: CV18140559

    $590,000

    Price

  • Oct 15, 2018

    Date

    Price Change

    CRMLS: CV18140559

    $590,000

    Price

  • Sep 1, 2018

    Date

    Price Change

    CRMLS: CV18140559

    $599,000

    Price

  • Jun 13, 2018

    Date

    Active

    CRMLS: CV18140559

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION,,,,, NEW PRICE,...... From $599000 reduced to $590000...**ATTENTION INVESTORS! AMAZING OPPORTUNITY TO EXPAND AND BUILD The THIRD UNIT**** possible to build one more unit with 1 car garage 1 carport and 2 parking spaces. 2 detached homes for sale in excellent condition. Renovated 2016 Front house 2 1/2 bedrooms 1 1/2 baths living, room formal dining room with fireplace and laundry room. Plenty of parking space between #2 Buildings Rear house 3 bedroom 1 bath with laundry room, with extra large backyard & carport Laminated floors and tile around the homes, renovated kitchens and bathrooms in both homes, freshly painted. Excellent for investment or owner user.

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Tax History for 4017 Morgan Ave

Assessed Value (2020): $540,000
Year Land Value Improved Value Assessed Value
2020 $320,000 $220,000 $540,000

Home Value Compared to the Market

This property vs the competition

4017 Morgan Ave sold on October 20, 2019 for 56.44% 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 $391.88 per/sqft which puts the price per square foot 50.46% lower than the current median sale per square foot for the city of Los Angeles.

About 4017 Morgan Ave

Detailed summary of property

4017 Morgan Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,416 living square feet, and sits on an approximately 8,724 square foot lot. 4017 Morgan Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $555,000. 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 56.44% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 1253 W 65th St. While the average home in Los Angeles, CA is selling in 102 days, 4017 Morgan Ave has a days on market of 237 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 4017 Morgan Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4017 Morgan Ave

Public county record property details
Beds
3
Baths
2
Year built
1907
Sq. Ft.
1,416
Lot Size
8,723
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5117-014-009

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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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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