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4035 W 22Nd Pl, Los Angeles, CA 90018
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4035 W 22Nd Pl Los Angeles, CA 90018

$851,000 Sold Price as of 02/15/2022
  • 7 Beds
  • 0 Baths
  • 3,071 Sq.Ft.
Sold
$851,000 Sold Price as of 02/15/2022 Refinance Your Mortgage
Map preview of 4035 W 22Nd Pl, Los Angeles, CA 90018

Property Overview: 4035 W 22Nd Pl Los Angeles, CA has 7 bedrooms, -- bathrooms, 3,071 living square feet and 6,002 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price Reduced for Quick Sale!!! Located in the prime Mid-Los Angeles Triplex at the Crenshaw Blvd and Washing Blvd area near Hancopark and KoreaTowm and even LA Downtown. First time in a market for sale in 33 years. This 3 Units residential property has two units (Each unit has 2 bedrooms with 1 bathroom) on the first floors and One unit (3 bedrooms with 2 bathrooms) upstairs. All lease contracts of 3 units that had expired years ago and are now in a month-to-month lease. Big potential to raise rental income by making new lease contracts with the existing tenants in the near future. Enjoying nice and good neighbors and All tenants are good and paying rents on time and a long-term tenants. Sell this property as "AS-IS Condition", therefore the seller will not repair or upgrade any during the escrow period. Easy access to FWY 10 & 110/101 and Santa Monica seaside and many amenities facilities like shopping centers, restaurants, and entertains in Korea Town, Mid Wilshire, and LA Downtown.

Listed by Jason Hong | BRE #00863293 | Team Spirit Realty
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
6,002
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS21212748
City
Los Angeles
County
Los Angeles
Time on Site
1007 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $15,600
  • Total Rent: $15,600
  • Pro Forma/Market Rent: $20,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $15,816
  • Total Rent: $15,816
  • Pro Forma/Market Rent: $20,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $18,204
  • Total Rent: $18,204
  • Pro Forma/Market Rent: $24,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,620
  • Net Operating Income: $34,070
  • Gross Operating Income: $49,620
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $15,550
  • Electric: $150
  • Gas/Fuel: $0
  • New Taxes: $12,000
  • Trash: $0
  • Insurance: $1,300
  • Water/Sewer: $2,100

Property Details for 4035 W 22Nd Pl

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Paved, On Site
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5060010013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: From FWY 10, exit to N. Crenshaw Blvd and turn Right at W 23rd St. L turn and R turn.
  • Road Surface Type: Paved, Unpaved
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4035 W 22Nd Pl

Last sold for $851,000 on February 15th, 2022

  • February, 2022

  • Feb 7, 2022

    Date

    Price Change

    CRMLS: RS21212748

    $899,000

    Price

  • Dec 12, 2021

    Date

    Active Under Contract

    CRMLS: RS21212748

    $1,099,000

    Price

  • Dec 1, 2021

    Date

    Active

    CRMLS: RS21212748

    $1,099,000

    Price

  • Nov 24, 2021

    Date

    Hold

    CRMLS: RS21212748

    $1,099,000

    Price

  • Sep 27, 2021

    Date

    Active

    CRMLS: RS21212748

    $1,099,000

    Price

Tax History for 4035 W 22Nd Pl

Assessed Value (2020): $252,135
Year Land Value Improved Value Assessed Value
2020 $85,559 $166,576 $252,135

Home Value Compared to the Market

This property vs the competition

4035 W 22Nd Pl sold on February 15, 2022 for 20.44% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $292.74 per/sqft which puts the price per square foot 61.18% lower than the current median sale per square foot for the city of Los Angeles.

About 4035 W 22Nd Pl

Detailed summary of property

4035 W 22Nd Pl is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 7 bedrooms, -- bathrooms, roughly 3,071 living square feet, and sits on an approximately 6,002 square foot lot. 4035 W 22Nd Pl was first listed on ArdentRealEstateGroup.com on September 27, 2021. The homeowner sold the property for $851,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 20.44% lower than the current median priced home. Local homes that are currently for sale include 2933 S La Brea Ave, 5101 Roseland St and 2001 Cambridge St. While the average home in Los Angeles, CA is selling in 99 days, 4035 W 22Nd Pl has a days on market of 69 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4035 W 22Nd Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4035 W 22Nd Pl

Public county record property details
Beds
5
Baths
4
Year built
1925
Sq. Ft.
3,071
Lot Size
6,002
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5060-010-013

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$924,999
Median List Price/Sq.Ft.
$629
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$712
Total Inventory
51
Median Sale to List Price %
103.2%
Avg Days on Market
45
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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