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4034 Folsom St, Los Angeles, CA 90063
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4034 Folsom St Los Angeles, CA 90063

$760,000 Sold Price as of 09/13/2019
  • 4 Beds
  • 2 Baths
  • 1,600 Sq.Ft.
Sold
$760,000 Sold Price as of 09/13/2019 Refinance Your Mortgage
Map preview of 4034 Folsom St, Los Angeles, CA 90063

Property Overview: 4034 Folsom St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,600 living square feet and 7,299 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully Renovated View Duplex in City Terrace on a Huge Lot. Three car garage in front with parking for 3 additional cars in front of the garage. Modern styling with updated paint, kitchens with quartz counters and stainless steel appliances including dishwasher and breakfast bar, flooring, dual pane windows, modern lighting, copper plumbing, new electrical and panels, tankless wh, baths with vanity, ceiling fans, laundry hookups with stackable washer/dryer, blinds and central air and heat in both units. Bedrooms have mirrored wardrobes. Great views from both units. Large unfinished basement under structure that could be finished out as creative space. Immense fenced rear yard on a gentle slope ready for potential future development. Proximate to City Terrace Rec Center, shopping on Cesar Chavez, the village on City Terrace Drive, Cal State LA, Arts District, and USC Medical Center. Approximately 10 minutes from Downtown LA. Located on a quiet peaceful street. Great tenants

Listed by Robert Alan Hanson | BRE #01329997 | Realty Source Incorporated
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
7,299
HOA Dues
$0/mo
Year built
1975
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
19493844
City
Los Angeles
County
Los Angeles
Time on Site
1234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,099
  • Total Rent: $2,099
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $41,552
  • Gross Operating Income: $50,868
  • Improvements Total: $158,100
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4034 Folsom St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Living Room, Basement
Kitchen Information
  • Has Appliances
  • Refrigerator, Disposal, Range Hood, Dishwasher, Tankless Water Heater, Propane Range
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage - Three Door, Side by Side
Lot Information
  • Lot Features: Rectangular Lot, Back Yard, Yard, Park Nearby, Paved, Sprinklers None, Landscaped
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5226038020
  • Architectural Style: Contemporary
  • Foundation Details: Concrete Perimeter
  • Property Condition: Updated/Remodeled, Turnkey, Building Permit
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of Hazard
View more facts & features

Local Los Angeles Agent

Sale History for 4034 Folsom St

Last sold for $760,000 on September 13th, 2019

  • September, 2019

  • Sep 13, 2019

    Date

    Sold

    CRMLS: 19493844

    $760,000

    Price

  • Aug 7, 2019

    Date

    Pending

    CRMLS: 19493844

    $750,000

    Price

  • Jul 29, 2019

    Date

    Active

    CRMLS: 19493844

    $750,000

    Price

  • September, 2019

  • Sep 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • May, 2016

  • May 4, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4034 Folsom St

Assessed Value (2020): $760,000
Year Land Value Improved Value Assessed Value
2020 $490,000 $270,000 $760,000

Home Value Compared to the Market

This property vs the competition

4034 Folsom St sold on September 13, 2019 for 36.97% 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 $468.75 per/sqft which puts the price per square foot 37.91% lower than the current median sale per square foot for the city of Los Angeles.

About 4034 Folsom St

Detailed summary of property

4034 Folsom St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately 7,299 square foot lot. 4034 Folsom St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $760,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 2530 Ganahl St, 4280 Dennison St and 728 S Arizona Ave. While the average home in Los Angeles, CA is selling in 95 days, 4034 Folsom St has a days on market of 8 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 4034 Folsom 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 4034 Folsom St

Public county record property details
Beds
4
Baths
2
Year built
1975
Sq. Ft.
1,600
Lot Size
7,298
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5226-038-020

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
$615,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
32
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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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