4060 Mckinley Ave, Los Angeles, CA 90011
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4060 Mckinley Ave Los Angeles, CA 90011

$449,900 Sold Price as of 02/19/2021
  • 3 Beds
  • 2 Baths
  • 750 Sq.Ft.
Sold
$449,900 Sold Price as of 02/19/2021 Refinance Your Mortgage

Map preview of 4060 Mckinley Ave, Los Angeles, CA 90011

Property Overview: 4060 Mckinley Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 750 living square feet and 2,824 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Recently Remodeled Home... Features include: 3 Bedrooms / 2 Bathrooms, Beautiful kitchen with granite counter tops, updated bathrooms, Tile flooring in Living room, Kitchen, and Baths, New Carpet in Hallway & Bedrooms. Uncovered driveway parking. Alarm on property, Freshly painted interior and exterior. This is a must see!

Listed by Luis Martinez | BRE #01234365 | VIP Real Estate Firm
Last checked: 11 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
2,824
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
DW20263385
City
Los Angeles
County
Los Angeles
Time on Site
1342 days

Virtual Tour

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Property Details for 4060 Mckinley Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Uncovered
Lot Information
  • Lot Features: Back Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5114009026
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: McKinley Ave & Martin Luther King Jr Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 4060 Mckinley Ave

Last sold for $450,000 on February 19th, 2021
  • February, 2021

  • Feb 19, 2021

    Date

    Sold

    CRMLS: DW20263385

    $449,900

    Price

  • Jan 7, 2021

    Date

    Pending

    CRMLS: DW20263385

    $449,900

    Price

  • Dec 28, 2020

    Date

    Active

    CRMLS: DW20263385

    $449,900

    Price

  • February, 2021

  • Feb 19, 2021

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • October, 2020

  • Oct 15, 2020

    Date

    Sold

    CRMLS: OC20142449

    $200,000

    Price

  • Sep 24, 2020

    Date

    Hold

    CRMLS: OC20142449

    $419,900

    Price

  • Aug 19, 2020

    Date

    Pending

    CRMLS: OC20142449

    $419,900

    Price

  • Aug 19, 2020

    Date

    Sold

    CRMLS: OC20142449

    $200,000

    Price

  • Jul 31, 2020

    Date

    Pending

    CRMLS: OC20142449

    $419,900

    Price

  • Jul 18, 2020

    Date

    Active

    CRMLS: OC20142449

    $419,900

    Price

  • Listing provided courtesy of CRMLS

    What an opportunity to build in one of the quickest growing neighborhoods in all of Los Angeles. The subject property is a zoned LARD2 and sits on the cross streets of McKinley Ave and 40th Place. By right, the combined lots (APN’s - 5114009026, 5114009027) totaling +/- 5,230 Sq. Ft allow for a 2 unit development with a 1M+ ARV. The site is just 2.0 miles from the coveted University of Southern California which recently finished a complete overhaul to the tone of 700M on the University Village. It is just 1.8 Miles from the LA Memorial Coliseum and George Lucas’ 1.5 Billion Development in Exposition Park. There are multiple new buildings in the area and one on the same street. If developed into it’s highest and best use as a duplex and stabilized with market rents this building will gross over $6,500 / month and yield a 5.70% cap rate at a 1.025 million valuation. The property can be delivered vacant at the close of escrow. This property is being sold separately or together with MLS Listings OC20141776, OC20141928. Do not hesitate before this opportunity is gone.

  • October, 2020

  • Oct 15, 2020

    Date

    Sold

    CRMLS: OC20141776

    $280,000

    Price

  • Aug 1, 2020

    Date

    Pending

    CRMLS: OC20141776

    $253,000

    Price

  • Aug 1, 2020

    Date

    Active

    CRMLS: OC20141776

    $253,000

    Price

  • Jul 29, 2020

    Date

    Hold

    CRMLS: OC20141776

    $253,000

    Price

  • Jul 18, 2020

    Date

    Active

    CRMLS: OC20141776

    $253,000

    Price

  • Listing provided courtesy of CRMLS

    Attention all Builders and Investors. This is a great opportunity to build sweat equity into your new home or investment. Currently, the home shows on the title as 2 beds and 1 bath. The owner at one time added a third bedroom which could be unpermitted. There is a lot of work to be done in order to restore this home and may be best viewed as land value. The subject property is a zoned LARD2 and sits on the cross streets of McKinley Ave and 40th Place. If developed, this lot will allow for a single-family home, two-story home up-to 2,000 sq ft. The site is just 2.0 miles from the coveted University of Southern California which recently finished a complete overhaul to the tone of 700M on the University Village. It is just 1.8 miles from the LA Memorial Coliseum and George Lucas’ 1.5 Billion Development in Exposition Park. There are multiple new buildings in the area and one on the same street. This property is being sold separately or together with MLS Listings OC20141776, OC20141928. Do not hesitate before this opportunity is gone.

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4060 Mckinley Ave

Assessed Value (2020): $16,749
Year Land Value Improved Value Assessed Value
2020 $8,486 $8,263 $16,749

Home Value Compared to the Market

This property vs the competition

4060 Mckinley Ave sold on February 19, 2021 for 59.83% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $599.87 per/sqft which puts the price per square foot 17.15% lower than the current median sale per square foot for the city of Los Angeles.

About 4060 Mckinley Ave

Detailed summary of property

4060 Mckinley Ave is a single family home that recently sold in Los Angeles, CA 90011. This house offered 3 bedrooms, 2 bathrooms, roughly 750 living square feet, and sits on an approximately 2,824 square foot lot. 4060 Mckinley Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $449,900. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 59.83% lower than the current median priced home. Local homes that are currently for sale include 267 S San Pedro St #218, 738 S Los Angeles St #403 and 219 E 69th St. While the average home in Los Angeles, CA is selling in 105 days, 4060 Mckinley Ave has a days on market of 9 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 4060 Mckinley Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4060 Mckinley Ave

Public county record property details
Beds
2
Baths
1
Year built
1909
Sq. Ft.
750
Lot Size
2,823
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5114-009-026

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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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.