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4036 Montclair St Los Angeles, CA 90018

$1,170,000 Sold Price as of 03/20/2020

6 Beds
6 Baths
-- Sq.Ft.

Sold

$1,170,000 Sold Price as of 03/20/2020 Refinance Your Mortgage

Map preview of 4036 Montclair St, Los Angeles, CA 90018

Property Overview: 4036 Montclair St Los Angeles, CA has 6 bedrooms, 6 bathrooms, -- living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6 Large Units - All One Bedroom + One Bathroom (1+1) Units located at 4036 Mont Clair St. & 2806-12 S. 12th Ave. Excellent Rental Location - close to Re-Developing Jefferson Park/West Adams Districts, USC and Koreatown! CLOSE TO NEW CRENSHAW/LAX LIGHT RAIL LINE (JUNE 2020) & NEW EXPO LINE (DOWNTOWN LA TO SANTA MONICA)! Freeway and Transit close! Individually metered for Gas and Electric. Property consists of 6 (Six) Large - (1) One Bedroom and (1) Bath Units (1923 Construction). Very Strong cash flow with approximately 30% upside in rents! There is on-site parking and garages which is an added amenity for tenants. The property is within walking distance of restaurants, post office, shopping and major public/transit access. NO SOFT STORY RETROFIT REQUIRED.

Listed by Michael Pesci | BRE #01274379 | Keller Williams Studio City
Co-listed by James Antonucci | BRE #01822661 | Keller Williams Realty-Studio City

Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 7,500
HOA Dues: $0/mo
Year built: 1923
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20547382
City: Los Angeles
County: Los Angeles
Time on Site: 1212 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 2

Unit Breakdown 1

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $1,126
Total Rent: --

Unit Breakdown 2

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $967
Total Rent: --

Unit Breakdown 3

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $1,100
Total Rent: --

Unit Breakdown 4

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $1,500
Total Rent: --

Unit Breakdown 5

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $1,003
Total Rent: --

Unit Breakdown 6

# of Units: --
# of Beds: 1
# of Baths: 1
Actual Rent: $873
Total Rent: --

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.16
Gross Scheduled Income: --
Net Operating Income: $45,932
Gross Operating Income: $78,828

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 4036 Montclair St

Interior Features

Heating Information

Has Heating
Wall Furnace

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage, Street

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 6
Parcel Number: 5051011001

Location / Neighborhood

Location Information

Directions: South of Adams Blvd., West of Crenshaw Blvd. Jefferson Park/West Adams Districts.

View more facts & features

Local Los Angeles Agent

Sale History for 4036 Montclair St

Last sold for $1,170,000 on March 20th, 2020

March, 2020
Mar 20, 2020

Date

Sold

CRMLS: 20547382

$1,170,000

Price
Feb 5, 2020

Date

Pending

CRMLS: 20547382

$1,195,000

Price
Jan 24, 2020

Date

Active

CRMLS: 20547382

$1,195,000

Price
March, 2020
Mar 18, 2020

Date

Sold (Public Records)

Public Records

$1,170,000

Price
March, 2020
Mar 18, 2020

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4036 Montclair St

Assessed Value (2020): $860,939

Year	Land Value	Improved Value	Assessed Value
2020	$624,779	$236,160	$860,939

Home Value Compared to the Market

This property vs the competition

4036 Montclair St sold on March 20, 2020 for 0.42% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 4036 Montclair St

Detailed summary of property

4036 Montclair St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 6 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 7,500 square foot lot. 4036 Montclair St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,170,000. 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 0.42% higher than the current median priced home. Local homes that are currently for sale include 2032 S Palm Grove Ave, 2242 W 29th St and 1510 S Bronson Ave. While the average home in Los Angeles, CA is selling in 94 days, 4036 Montclair St has a days on market of 12 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 4036 Montclair St 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 4036 Montclair St

Public county record property details

Beds: 6
Baths: 6
Year built: 1923
Sq. Ft.: 4,436
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5051-011-001

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

$925,000

Median List Price/Sq.Ft.

$625

Median Sold Price

$950,000

Median Sold Price/Sq.Ft.

$603

Total Inventory

Median Sale to List Price %

105.67%

Avg Days on Market

Loan Type

Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Homes for Sale Near 4036 Montclair St

Nearby Homes for Sale

2546 S Bronson Ave, Los Angeles, CA 90018

Recently Sold Homes Near 4036 Montclair St

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-- Sq.Ft.

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$1,075,000 Last Sold Price

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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.