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4141 Floral Dr, Los Angeles, CA 90063
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4141 Floral Dr Los Angeles, CA 90063

$895,000
  • 8 Beds
  • 3 Baths
  • 2,370 Sq.Ft.
For Sale
$895,000 Get Pre-Qualified
Map preview of 4141 Floral Dr, Los Angeles, CA 90063

Property Overview: 4141 Floral Dr Los Angeles, CA has 8 bedrooms, 3 bathrooms, 2,370 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Presenting a well-located multifamily property between City Terrace and East Los Angeles. This property operates as a three-unit property, offering a great mix of a 3-bedroom, 1-bath standalone unit at the rear, along with two units at the front—one with 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address. Don’t miss out on this exciting opportunity to invest in East LA!

Listed by Daisy De La Parra | BRE #02028188 | Compass
Last checked: 11 minutes ago | Last updated: August 28th, 2024 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Triplex
Status
Active
MLS#
CV24176914
City
Los Angeles
County
Los Angeles
Time on Site
19 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,400
  • Net Operating Income: $36,498
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: $1,690
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,844
  • Water/Sewer: $2,400

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Property Details for 4141 Floral Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Entry, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Refrigerator
Exterior Features
Exterior Information
  • Roof: Shingle, Spanish Tile
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Shared Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5226042029
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Public
  • Utilities: Other
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Turn Left onto N Ford, Turn Left onto Floral Dr.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 4141 Floral Dr

View property's historical transactions

  • August, 2024

  • Aug 27, 2024

    Date

    Active

    CRMLS: CV24176914

    $895,000

    Price

Tax History for 4141 Floral Dr

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

4141 Floral Dr is listed 25.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $377.64 per/sqft which puts the price per square foot 50.7% lower than the median price per square foot for the city of Los Angeles.

About 4141 Floral Dr

Detailed summary of property

4141 Floral Dr is a triplex located in Los Angeles, CA 90063 and is currently for sale. This triplex offers 8 bedrooms, 3 bathrooms, roughly 2,370 living square feet, and sits on an approximately 5,999 square foot lot. 4141 Floral Dr was first listed on ArdentRealEstateGroup.com on August 27, 2024. The homeowner is currently asking $895,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.42% lower than the median priced home. Local competing homes currently for sale include 923 N Alma Ave, 923 N Alma Ave and 3414 Fowler St. While the average home in Los Angeles, CA is selling in 104 days, 4141 Floral Dr has a days on market of 19 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 4141 Floral Dr Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4141 Floral Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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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