4018 Cumberland Ave, Los Angeles, CA 90027
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4018 Cumberland Ave Los Angeles, CA 90027

$1,649,000 Sold Price as of 05/31/2019
  • 4 Beds
  • 4 Baths
  • 2,201 Sq.Ft.
Sold
$1,649,000 Sold Price as of 05/31/2019 Refinance Your Mortgage

Map preview of 4018 Cumberland Ave, Los Angeles, CA 90027

Property Overview: 4018 Cumberland Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,201 living square feet and 6,790 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come enjoy scenic views of the infamous Hollywood sign and Griffith Observatory from this perfectly situated duplex in prime Franklin Hills/Silver Lake! As you walk towards the courtyard, the property allows you to capture the panoramic views, as well as slowly be transported into a serene setting just minutes from the finest Silver Lake, Los Feliz, and Downtown LA have to offer. Less than a mile from Children's Hospital, Kaiser, and the trendy shops, bars and restaurants that can be found in the area. The 2200 square foot structure boasts 2 units, each nearly 1100 square feet of living space, with large outdoor entertainment areas for each unit. The property has been totally redone including: brand new copper plumbing, upgraded panels and electrical wiring, central heat and air, tankless water heater, insulation, windows and doors, siding, etc. As you enter either unit you are welcomed to a cozy dining area with fireplace which seamlessly open up into the larger, open living and kitchen area. The kitchens feature custom cabinets and new, energy efficient appliances. The large living areas are flooded with natural light and each feature private outdoor spaces to take in the sunsets overlooking the scenic Hollywood Hills. Don't miss this chance

Listed by Ara Yessaian | BRE #01854197 | Park Place Properties Inc
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
6,790
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
319001193
City
Los Angeles
County
Los Angeles
Time on Site
1270 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
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  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 2
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  • # of Baths: 2
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Unit Breakdown 3
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Unit Breakdown 4
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Unit Breakdown 5
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Unit Breakdown 6
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  • # of Baths: 2
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Unit Breakdown 7
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Unit Breakdown 8
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Unit Breakdown 9
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Unit Breakdown 10
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Unit Breakdown 11
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Unit Breakdown 12
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Unit Breakdown 13
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Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 4018 Cumberland Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Natural Gas, Forced Air
Laundry Information
  • Has Laundry
Fireplace Information
  • Has Fireplace
  • See Remarks, Living Room
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Gas & Electric Range, Microwave, Gas Oven, Range Hood, Tankless Water Heater, Dishwasher
Interior Features
  • Dumbwaiter, Open Floorplan, Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Appraiser
Property Information
  • Has View
  • View: City Lights, Hills, Landmark
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5430023018
  • Architectural Style: Mid Century Modern
  • Property is Attached
  • Property Condition: Updated/Remodeled, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: North of Sunset, West of Sanborn Cross Streets: Cumberland Ave and Sanborn Ave
View more facts & features

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Sale History for 4018 Cumberland Ave

Last sold for $1,649,000 on May 31st, 2019
  • June, 2019

  • Jun 3, 2019

    Date

    Sold

    CRMLS: 319001193

    $1,649,000

    Price

  • Apr 22, 2019

    Date

    Active Under Contract

    CRMLS: 319001193

    $1,649,000

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: 319001193

    $1,649,000

    Price

  • May, 2019

  • May 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,649,000

    Price

  • May, 2018

  • May 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 4018 Cumberland Ave

Assessed Value (2020): $1,681,980
Year Land Value Improved Value Assessed Value
2020 $1,326,000 $355,980 $1,681,980

Home Value Compared to the Market

This property vs the competition

4018 Cumberland Ave sold on May 31, 2019 for 29.43% higher 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 $749.2 per/sqft which puts the price per square foot 5.28% lower than the current median sale per square foot for the city of Los Angeles.

About 4018 Cumberland Ave

Detailed summary of property

4018 Cumberland Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,201 living square feet, and sits on an approximately 6,790 square foot lot. 4018 Cumberland Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,649,000. 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 29.43% higher than the current median priced home. Local homes that are currently for sale include 1027 N Edgemont St, 2701 Waverly Dr and 2241 Ewing St. While the average home in Los Angeles, CA is selling in 100 days, 4018 Cumberland Ave has a days on market of 54 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 4018 Cumberland Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4018 Cumberland Ave

Public county record property details
Beds
4
Baths
2
Year built
1959
Sq. Ft.
2,106
Lot Size
6,789
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5430-023-018

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,398,000
Median List Price/Sq.Ft.
$953
Median Sold Price
$2,050,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
83
Median Sale to List Price %
107.95%
Avg Days on Market
31
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (15.38%), Other (15.38%)

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Related Resources to 4018 Cumberland Ave

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.