Search
4047 Perlita Ave, Los Angeles, CA 90039
Image 2 for 4047 Perlita Ave, Los Angeles, CA 90039
Image 3 for 4047 Perlita Ave, Los Angeles, CA 90039
View Photos

4047 Perlita Ave Los Angeles, CA 90039

$2,295,000 Sold Price as of 01/20/2023
  • 16 Beds
  • 8 Baths
  • 8,468 Sq.Ft.
Sold
$2,295,000 Sold Price as of 01/20/2023 Refinance Your Mortgage
Map preview of 4047 Perlita Ave, Los Angeles, CA 90039

Property Overview: 4047 Perlita Ave Los Angeles, CA has 16 bedrooms, 8 bathrooms, 8,468 living square feet and 16,199 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present an eight (8) unit apartment building located at 4047-4053 Perlita Avenue in Los Angeles, California. The subject property is situated in the best location of Atwater Village, north of Los Feliz Boulevard and east of the Los Feliz Golf Course. Built in 1947, this property contains a streamlined unit mix of eight (8) two-bedroom / one-bathroom units spread across two (2) detached buildings. The buildings share a lush center courtyard that acts as a large open-air patio. The driveway leads to the rear of the property with ample on-site carport parking available. Plans are nearly approved to convert the apartment units to condos, and there is potential to convert some of the carport space into at least two (2) ADU units. Tenants will adore living in a quiet residential pocket right down the street from incredible retail, restaurant, and entertainment amenities along Los Feliz Boulevard. Some of these include Costco, Bigfoot Lodge, The Morrison, The High Low, the Village Bakery and Cafe, Best Buy, Mimi's Cafe, and many more. Outdoor recreation is also available just a couple blocks away at the Los Feliz Golf Course and the Los Angeles River. Situated in the best location of Atwater Village, this offering presents an excellent opportunity for any investor to capitalize on over 85% rental upside potential in the most sought after submarket in Los Angeles.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 13 minutes ago | Last updated: January 22nd, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
16,199
HOA Dues
$0/mo
Year built
1947
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
22224967
City
Los Angeles
County
Los Angeles
Time on Site
523 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,504
  • Total Rent: $1,504
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.4%
  • Gross Rent Multiplier: 17.66
  • Gross Scheduled Income: --
  • Net Operating Income: $86,615
  • Gross Operating Income: $140,064
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4047 Perlita Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Carport, Covered, Garage - Two Door, Parking Space, Driveway
Lot Information
  • Lot Features: Lawn, Landscaped, Yard
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 8
  • Parcel Number: 5594007007
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The subject property is situated in the best location of Atwater Village, north of Los Feliz Boulevard and east of the Los Feliz Golf Course.
View more facts & features

Local Los Angeles Agent

Sale History for 4047 Perlita Ave

Last sold for $2,295,000 on January 20th, 2023

  • January, 2023

  • Jan 20, 2023

    Date

    Sold

    CRMLS: 22224967

    $2,295,000

    Price

  • Dec 13, 2022

    Date

    Active

    CRMLS: 22224967

    $2,550,000

    Price

Tax History for 4047 Perlita Ave

Assessed Value (2020): $565,530
Year Land Value Improved Value Assessed Value
2020 $172,120 $393,410 $565,530

Home Value Compared to the Market

This property vs the competition

4047 Perlita Ave sold on January 20, 2023 for 114.29% higher 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 $301.13 per/sqft which puts the price per square foot 60.11% lower than the current median sale per square foot for the city of Los Angeles.

About 4047 Perlita Ave

Detailed summary of property

4047 Perlita Ave is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 16 bedrooms, 8 bathrooms, roughly 8,468 living square feet, and sits on an approximately 16,199 square foot lot. 4047 Perlita Ave was first listed on ArdentRealEstateGroup.com on December 13, 2022. The homeowner sold the property for $2,295,000. 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 114.29% higher than the current median priced home. Local homes that are currently for sale include 1115 N Madison Ave, 4311 Eagle Rock Blvd and 4520 Willow Brook Ave. While the average home in Los Angeles, CA is selling in 92 days, 4047 Perlita Ave has a days on market of 9 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 4047 Perlita Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4047 Perlita Ave

Public county record property details
Beds
16
Baths
8
Year built
1947
Sq. Ft.
8,468
Lot Size
16,199
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18,19
APN
5594-007-007

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$910
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
50
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 4047 Perlita Ave

Nearby Homes for Sale

3121 Silver Lake Blvd, Los Angeles, CA 90039
$1,999,000
4 Beds
4 Baths
2007 Sq.Ft.
3121 Silver Lake Blvd
Los Angeles, CA 90039
2523 Lyric Ave, Los Angeles, CA 90027
$1,898,000
6 Beds
4 Baths
2870 Sq.Ft.
2523 Lyric Ave
Los Angeles, CA 90027
2641 Riverside Terrace, Los Angeles, CA 90039
$2,195,000
6 Beds
7 Baths
2458 Sq.Ft.
2641 Riverside Terrace
Los Angeles, CA 90039
4412 Finley Ave, Los Angeles, CA 90027
$2,569,000
54 Beds
36 Baths
6466 Sq.Ft.
4412 Finley Ave
Los Angeles, CA 90027
2342 Cove Ave, Los Angeles, CA 90039
$2,480,000
4 Beds
4 Baths
2169 Sq.Ft.
2342 Cove Ave
Los Angeles, CA 90039
2672 Newell St, Los Angeles, CA 90039
$1,838,000
5 Beds
4 Baths
2465 Sq.Ft.
2672 Newell St
Los Angeles, CA 90039
4534 Kingswell Ave, Los Angeles, CA 90027
$1,999,999
7 Beds
6 Baths
4754 Sq.Ft.
4534 Kingswell Ave
Los Angeles, CA 90027
1424 N Hoover St, Los Angeles, CA 90027
$1,988,000
35 Beds
25 Baths
3224 Sq.Ft.
1424 N Hoover St
Los Angeles, CA 90027
2642 Queen St, Los Angeles, CA 90039
$2,095,000
6 Beds
8 Baths
3540 Sq.Ft.
2642 Queen St
Los Angeles, CA 90039
1425 Edgecliffe Dr, Los Angeles, CA 90026
$1,875,000
9 Beds
5 Baths
3379 Sq.Ft.
1425 Edgecliffe Dr
Los Angeles, CA 90026
1889 Lemoyne St, Los Angeles, CA 90026
$2,150,000
21 Beds
11 Baths
3640 Sq.Ft.
1889 Lemoyne St
Los Angeles, CA 90026
1137 N Madison Ave, Los Angeles, CA 90029
$2,500,000
7 Beds
4 Baths
3678 Sq.Ft.
1137 N Madison Ave
Los Angeles, CA 90029

Recently Sold Homes Near 4047 Perlita Ave

4077 Veselich Ave, Los Angeles, CA 90039
$1,390,000 Last Sold Price
4 Beds
4 Baths
2475 Sq.Ft.
4077 Veselich Ave
Los Angeles, CA 90039
4022 Brunswick Ave, Los Angeles, CA 90039
$1,580,000 Last Sold Price
5 Beds
4 Baths
2442 Sq.Ft.
4022 Brunswick Ave
Los Angeles, CA 90039
4105 Brunswick Ave, Los Angeles, CA 90039
$1,450,000 Last Sold Price
2 Beds
2 Baths
1716 Sq.Ft.
4105 Brunswick Ave
Los Angeles, CA 90039
4030 Edenhurst Ave, Los Angeles, CA 90039
$1,500,000 Last Sold Price
4 Beds
2 Baths
2384 Sq.Ft.
4030 Edenhurst Ave
Los Angeles, CA 90039

Related Resources to 4047 Perlita Ave

New Listings in 90039
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote