4118 Cumberland Ave, Los Angeles, CA 90027
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4118 Cumberland Ave Los Angeles, CA 90027

$1,288,000 Sold Price as of 09/26/2019
  • 4 Beds
  • 2 Baths
  • 1,834 Sq.Ft.
Sold
$1,288,000 Sold Price as of 09/26/2019 Refinance Your Mortgage

Map preview of 4118 Cumberland Ave, Los Angeles, CA 90027

Property Overview: 4118 Cumberland Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,834 living square feet and 6,731 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible investment opportunity awaits the new owners of this two-on-a-lot compound located in one of LA's most desired neighborhoods, Franklin Hills. Both of the 2 bedroom/1 bath structures are delivered VACANT. The front house is situated behind a gorgeous bougainvillea hedge & a precious white picket fence. Character-filled throughout, soak in the stunning fireplace, wood floors & a classic tiled bathroom. Sunlight drenches through a vintage kitchen & groovy laundry area. The back house comes with recent updates & a fabulous custom mural wall painted skillfully across the entry & living room. The home offers a graciously sized kitchen & spacious bedrooms with plenty of storage. A converted 2 car garage makes for the perfect office/music or art studio, with an additional garage/workshop. A long driveway offers plenty of parking. Both units come with their own thoughtful style and gated yards creating a sense of privacy. Amazing location just blocks from the best of Franklin Village

Listed by Jennifer Cahill | BRE #01980658 | Compass
Co-listed by Courtney Smith | BRE #01406768 | Compass
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,731
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19497704
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $151,259
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4118 Cumberland Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated, Converted Garage, Garage - Single Door, Concrete, Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5430022017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Other
Location / Neighborhood
Location Information
  • Directions: North of Fountain Ave, south of Franklin Ave. East off Talmadge St.
View more facts & features

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Sale History for 4118 Cumberland Ave

Last sold for $1,288,000 on September 26th, 2019
  • September, 2019

  • Sep 26, 2019

    Date

    Sold

    CRMLS: 19497704

    $1,288,000

    Price

  • Aug 23, 2019

    Date

    Pending

    CRMLS: 19497704

    $1,199,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: 19497704

    $1,199,000

    Price

  • September, 2019

  • Sep 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,288,000

    Price

  • March, 2010

  • Mar 10, 2010

    Date

    Sold (Public Records)

    Public Records

    $680,000

    Price

Show More

Tax History for 4118 Cumberland Ave

Assessed Value (2020): $1,288,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $388,000 $1,288,000

Home Value Compared to the Market

This property vs the competition

4118 Cumberland Ave sold on September 26, 2019 for 0.76% 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 $653.76 per/sqft which puts the price per square foot 13.41% lower than the current median sale per square foot for the city of Los Angeles.

About 4118 Cumberland Ave

Detailed summary of property

4118 Cumberland Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,834 living square feet, and sits on an approximately 6,731 square foot lot. 4118 Cumberland Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,288,000. 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 0.76% higher than the current median priced home. Local homes that are currently for sale include 342 N Dillon St, 5228 De Longpre Ave and 4307 Clinton St. While the average home in Los Angeles, CA is selling in 92 days, 4118 Cumberland Ave has a days on market of 15 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 4118 Cumberland Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4118 Cumberland Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,834
Lot Size
6,730
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5430-022-017

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,370,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
87
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Related Resources to 4118 Cumberland Ave

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.