4101 Montclair St, Los Angeles, CA 90018
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4101 Montclair St Los Angeles, CA 90018

$2,100,000 Sold Price as of 06/11/2020
  • 7 Beds
  • 15 Baths
  • -- Sq.Ft.
Sold
$2,100,000 Sold Price as of 06/11/2020 Refinance Your Mortgage

Map preview of 4101 Montclair St, Los Angeles, CA 90018

Property Overview: 4101 Montclair St Los Angeles, CA has 7 bedrooms, 15 bathrooms, -- living square feet and 14,021 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4101 Mont Clair is a 15-unit apartment building situated on a 0.32-acre corner lot, just off West Adams Boulevard and South Crenshaw Boulevard. The building consists of an excellent mix of studio and one-bedroom, one-bathroom units. The property is conveniently situated off the 10 Freeway and walking distance to the Metro Expo Line offering easy access to Downtown Los Angeles and the Westside, as well as the new Crenshaw/LAX Light Rail Line, expected to complete in 2020. The immediate area of Jefferson Park and West Adams is undergoing redevelopment and offers tenants nearby restaurants, shopping, and entertainment. This opportunity is ideal for an investor looking to capitalize on potential upside in a transitioning neighborhood.

Listed by David Harrington | BRE #01320460 | Matthews Real Estate Investment Services
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
14,021
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20579596
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $701
  • Total Rent: $5,607
  • Pro Forma/Market Rent: $11,200
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $837
  • Total Rent: $5,862
  • Pro Forma/Market Rent: $11,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.99
  • Gross Scheduled Income: --
  • Net Operating Income: $75,974
  • Gross Operating Income: $133,496
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4101 Montclair St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 15
  • Parcel Number: 5051012028
Location / Neighborhood
Location Information
  • Directions: South of W Adams Blvd and East of Crenshaw Blvd on the corner of Montclair and W 28th St.
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Sale History for 4101 Montclair St

Last sold for $2,100,000 on June 11th, 2020
  • June, 2020

  • Jun 11, 2020

    Date

    Sold

    CRMLS: 20579596

    $2,100,000

    Price

  • May 21, 2020

    Date

    Pending

    CRMLS: 20579596

    $2,200,000

    Price

  • May 15, 2020

    Date

    Active

    CRMLS: 20579596

    $2,200,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

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Tax History for 4101 Montclair St

Assessed Value (2020): $112,944
Year Land Value Improved Value Assessed Value
2020 $68,572 $44,372 $112,944

Home Value Compared to the Market

This property vs the competition

4101 Montclair St sold on June 11, 2020 for 84.87% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 4101 Montclair St

Detailed summary of property

4101 Montclair St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 7 bedrooms, 15 bathrooms, roughly -- living square feet, and sits on an approximately 14,021 square foot lot. 4101 Montclair St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,100,000. 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 84.87% higher than the current median priced home. Local homes that are currently for sale include 4817 St Charles Pl, 2085 W 29th Pl and 1250 5th Ave. While the average home in Los Angeles, CA is selling in 94 days, 4101 Montclair St has a days on market of 6 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 4101 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 4101 Montclair St

Public county record property details
Beds
7
Baths
15
Year built
--
Sq. Ft.
7,234
Lot Size
14,021
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5051-012-028

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
$949,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
51
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.