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4117 W Adams Blvd, Los Angeles, CA 90018
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4117 W Adams Blvd Los Angeles, CA 90018

$2,875,000 Sold Price as of 04/01/2022
  • 10 Beds
  • 12 Baths
  • 7,380 Sq.Ft.
Sold
$2,875,000 Sold Price as of 04/01/2022 Refinance Your Mortgage
Map preview of 4117 W Adams Blvd, Los Angeles, CA 90018

Property Overview: 4117 W Adams Blvd Los Angeles, CA has 10 bedrooms, 12 bathrooms, 7,380 living square feet and 12,994 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4117 W Adams Blvd is a 12-unit property located in the highly desirable West Adams neighborhood of Los Angeles. The property consists of ten 1+1's, and two studios. Eight of the twelve units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. The property is landscaped with drought tolerant plants, and there is a private outdoor seating area for residents. Additionally, the property has ample parking and is individually metered for gas and electricity. There is also on-site laundry room for added income. Superbly located near the heart of the West Adams commercial corridor, 4117 W Adams Blvd provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 10-minute drive from trendy Downtown Culver City, Downtown Los Angeles, and the University of Southern California. Tenants with young children will enjoy the nearby proximity to a variety of different schools and the 3-minute drive to Benny H. Potter West Adams Avenues Memorial Park. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

Listed by Jordan Peikin | BRE #02015987 | Clement Partners Real Estate
Co-listed by Nathan Richards | BRE #01748598 | Nathan Richards
Last checked: 2 minutes ago | Last updated: April 2nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
12,994
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21799732
City
Los Angeles
County
Los Angeles
Time on Site
1052 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $834
  • Total Rent: $834
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $894
  • Total Rent: $894
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $829
  • Total Rent: $829
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $1,352
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,825
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $905
  • Total Rent: $905
  • Pro Forma/Market Rent: $1,825
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.76
  • Gross Scheduled Income: --
  • Net Operating Income: $128,348
  • Gross Operating Income: $191,477
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4117 W Adams Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Individual Room, Community
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Uncovered, Side by Side
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 12
  • Parcel Number: 5059008002
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: On Adams between Crenshaw and Arlington.
View more facts & features

Local Los Angeles Agent

Sale History for 4117 W Adams Blvd

Last sold for $2,875,000 on April 1st, 2022

  • April, 2022

  • Apr 1, 2022

    Date

    Sold

    CRMLS: 21799732

    $2,875,000

    Price

  • Nov 2, 2021

    Date

    Active

    CRMLS: 21799732

    $2,899,000

    Price

  • January, 2018

  • Jan 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,890,000

    Price

  • August, 2016

  • Aug 26, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,410,000

    Price

Show More

Tax History for 4117 W Adams Blvd

Assessed Value (2020): $1,966,356
Year Land Value Improved Value Assessed Value
2020 $1,144,440 $821,916 $1,966,356

Home Value Compared to the Market

This property vs the competition

4117 W Adams Blvd sold on April 1, 2022 for 158.84% higher 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 $392.82 per/sqft which puts the price per square foot 45.74% lower than the current median sale per square foot for the city of Los Angeles.

About 4117 W Adams Blvd

Detailed summary of property

4117 W Adams Blvd is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 12 bathrooms, roughly 7,380 living square feet, and sits on an approximately 12,994 square foot lot. 4117 W Adams Blvd was first listed on ArdentRealEstateGroup.com on November 3, 2021. The homeowner sold the property for $2,875,000. 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 158.84% higher than the current median priced home. Local homes that are currently for sale include 1251 S Wilton Pl, 1415 S St Andrews Pl and 1268 S Citrus Ave. While the average home in Los Angeles, CA is selling in 106 days, 4117 W Adams Blvd has a days on market of 30 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4117 W Adams Blvd 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 4117 W Adams Blvd

Public county record property details
Beds
10
Baths
12
Year built
1940
Sq. Ft.
7,380
Lot Size
12,994
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5059-008-002

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
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

Thinking of Selling?

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(714) 706-1823

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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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