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4044 Folsom St, Los Angeles, CA 90063
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4044 Folsom St Los Angeles, CA 90063

$700,000 Sold Price as of 05/11/2023
  • 4 Beds
  • 2 Baths
  • 1,400 Sq.Ft.
Sold
$700,000 Sold Price as of 05/11/2023 Refinance Your Mortgage
Map preview of 4044 Folsom St, Los Angeles, CA 90063

Property Overview: 4044 Folsom St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,400 living square feet and 2,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Here is a great opportunity to own a home that can also generate income, you can live in the upper portion and rent out the lower.. ( Based on specific address, this area is not subject to City of LA rent control). In this popular area of Los Angeles, near parks and only minutes from freeways, The upstairs consist of two bedrooms and one bathroom and has its own laundry area. The home has been totally renovated within the last 2 years. As you walk out to the balcony you take in an almost 180 degree view of the lights and landscape of the area and beyond. The down stairs consist of two bedrooms and one bathroom and also has the same view. The property is fenced in and has a rolling front gate that can be closed and locked for security. As you walk down the driveway to the rear of the home, you will begin to take in the view as described. This home will not last at this price you may want to view it now.

Listed by Richard Spurling | BRE #01123265 | Keller Williams Coastal Prop.
Last checked: 9 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
2,800
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW23014251
City
Los Angeles
County
Los Angeles
Time on Site
479 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,025
  • Total Rent: $2,025
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,325
  • Net Operating Income: $1,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,110
  • Electric: $150
  • Gas/Fuel: $0
  • Trash: $200
  • Insurance: $200
  • Water/Sewer: $350

Property Details for 4044 Folsom St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Dryer Included, Upper Level, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Open Floorplan, Unfurnished
  • Levels: Two
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Sloped Down, Patio Home
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5226038018
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Folsom / Hazard
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4044 Folsom St

Last sold for $700,000 on May 11th, 2023

  • May, 2023

  • May 11, 2023

    Date

    Sold

    CRMLS: PW23014251

    $700,000

    Price

  • Jan 26, 2023

    Date

    Active

    CRMLS: PW23014251

    $698,000

    Price

  • May, 2023

  • May 11, 2023

    Date

    Sold

    CRMLS: PW23040515

    $700,000

    Price

  • Mar 10, 2023

    Date

    Active

    CRMLS: PW23040515

    $698,000

    Price

  • Listing provided courtesy of CRMLS

    Here is a great opportunity to own a home that can also generate income, LIKE A DUPLEX you can live in one and rent out the other. ( upstairs is getting $2300 in rent, downstairs unoccupied). In this popular area of Los Angeles, near parks and only minutes from freeways, The upstairs consist of two bedrooms and one bathroom and has its own laundry area. The home has been totally renovated within the last 2 years. As you walk out to the balcony you take in an almost 180 degree view of the lights and landscape of the area and beyond. The down stairs consist of two bedrooms and one bathroom and also has the same view. The property is fenced in and has a rolling front gate that can be closed and locked for security. As you walk down the driveway to the rear of the home, you will begin to take in the view as described. This home will not last at this price you may want to view it now.

  • December, 2018

  • Dec 17, 2018

    Date

    Sold

    CRMLS: 18375628

    $350,000

    Price

  • Aug 25, 2018

    Date

    Pending

    CRMLS: 18375628

    $359,000

    Price

  • Aug 16, 2018

    Date

    Price Change

    CRMLS: 18375628

    $359,000

    Price

  • Aug 16, 2018

    Date

    Active

    CRMLS: 18375628

    $399,900

    Price

  • Listing provided courtesy of CRMLS

    Investors and first home buyers welcome! Property has great views and lots of potential. Come take a look at this 2 bedroom and 1 bathroom home. It has a basement that holds a non permitted 2 bedrooms and 1 bathroom unit. Also has additional 2 storage rooms! This home has lots of potential! It is zoned R2. So you can possibly build up to 2 units. Property is a fixer upper. Buyer to verify all information and Permits pertaining to the property. This property is nearby DTLA! Also time saving by being nearby the 710 Freeway. Come take a look at this one TODAY!

  • November, 2018

  • Nov 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 4044 Folsom St

Assessed Value (2020): $336,600
Year Land Value Improved Value Assessed Value
2020 $269,280 $67,320 $336,600

Home Value Compared to the Market

This property vs the competition

4044 Folsom St sold on May 11, 2023 for 42.86% 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 $485.71 per/sqft which puts the price per square foot 35.67% lower than the current median sale per square foot for the city of Los Angeles.

About 4044 Folsom St

Detailed summary of property

4044 Folsom St is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,400 living square feet, and sits on an approximately 2,800 square foot lot. 4044 Folsom St was first listed on ArdentRealEstateGroup.com on January 27, 2023. The homeowner sold the property for $700,000. 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 42.86% lower than the current median priced home. Local homes that are currently for sale include 946 S Vancouver Ave, 2105 Keith St and 3862 N Broadway. While the average home in Los Angeles, CA is selling in 92 days, 4044 Folsom St has a days on market of 69 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4044 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 4044 Folsom St

Public county record property details
Beds
4
Baths
1
Year built
1924
Sq. Ft.
660
Lot Size
2,799
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
5226-038-018

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.
$660
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
30
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%)

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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