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4151 Woodlawn Ave, Los Angeles, CA 90011
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4151 Woodlawn Ave Los Angeles, CA 90011

$830,000 Sold Price as of 05/26/2021
  • 8 Beds
  • 4 Baths
  • 3,804 Sq.Ft.
Sold
$830,000 Sold Price as of 05/26/2021 Refinance Your Mortgage
Map preview of 4151 Woodlawn Ave, Los Angeles, CA 90011

Property Overview: 4151 Woodlawn Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,804 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back On Market -Buyer didn't perform, Subject to cancellation of previous escrow ** PRIME LOCATION! ** FASTEST GROWING - HIGHLY DESIRABLE - GREAT DEMAND RENTAL AREA ** Terrific Opportunity to own a ** Over 3,800 sf. 3-UNIT Income Property on a Street to Street(Alley) CORNER LOT in the Heart of Los Angeles. **Occupied by long-term tenants, Generating over $5,000/Mo. Gross Income ** This Gated Triplex offers 6 Designated Parkings w/ 2 Car Garage, Extra Storage, Covered Balcony ** Units consist of 5bd/2ba, 2bd/1ba, 1bd/1ba. ** Separate Gas/Electric Meters(Tenants Pay) ** Need some TLC, Huge upside potential in the value and increase in rental income ** Conveniently located near Schools, Shops, Parks, Fwy Access, Minutes away from DTLA, USC Village, the Coliseum, BoC Stadium, EXPO line Property is being sold AS-IS present condition ** PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS!

Listed by Wonnie Ro | BRE #01866281 | Berkshire Hathaway Crest
Last checked: 12 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
1910
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PF21027603
City
Los Angeles
County
Los Angeles
Time on Site
1175 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,235
  • Total Rent: $26,820
  • Pro Forma/Market Rent: $36,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,567
  • Total Rent: $18,804
  • Pro Forma/Market Rent: $26,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,240
  • Total Rent: $14,892
  • Pro Forma/Market Rent: $21,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.69
  • Gross Scheduled Income: $60,521
  • Net Operating Income: $40,225
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,296
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,362
  • Trash: $0
  • Insurance: $2,148
  • Water/Sewer: $7,150

Property Details for 4151 Woodlawn Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Corner Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5113031001
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of 110Fwy going MLK East, Right on Woodlawn Ave.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4151 Woodlawn Ave

Last sold for $830,000 on May 26th, 2021

  • July, 2022

  • Jul 22, 2022

    Date

    Canceled

    CRMLS: PF22056426

    $1,150,000

    Price

  • Mar 29, 2022

    Date

    Active

    CRMLS: PF22056426

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Calling All Investors! This is a fantastic opportunity to own over 3,800 sf. and a 3-Unit Income Property on a LARGE CORNER LOT in the Heart of Los Angeles. The property is OCCUPIED by long-term tenants who are all in good standing and the property is generating over $5,000/Mo. gross income. This gated Triplex offers 6 designated parking spots w/ a detached 2 Car Garage, extra storage, and a covered balcony. The units consist of a 5bd/2ba, 2bd/1ba, 1bd/1ba. The units are on separate Gas/Electric meters which the tenants pay. Some TLC is needed but there is huge upside potential in the value and increase in rental income. Conveniently located near Schools, Shops, Parks, Fwy Access, DTLA, USC Village, the Coliseum, BoC Stadium, and the EXPO line. Property is being sold AS-IS in its present condition * * PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS!**

  • May, 2021

  • May 26, 2021

    Date

    Sold

    CRMLS: PF21027603

    $830,000

    Price

  • Apr 21, 2021

    Date

    Pending

    CRMLS: PF21027603

    $829,000

    Price

  • Mar 30, 2021

    Date

    Active

    CRMLS: PF21027603

    $829,000

    Price

  • Mar 1, 2021

    Date

    Active Under Contract

    CRMLS: PF21027603

    $829,000

    Price

  • Feb 15, 2021

    Date

    Active

    CRMLS: PF21027603

    $829,000

    Price

  • December, 2010

  • Dec 30, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2010

  • Aug 25, 2010

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 4151 Woodlawn Ave

Assessed Value (2020): $528,570
Year Land Value Improved Value Assessed Value
2020 $80,654 $447,916 $528,570

Home Value Compared to the Market

This property vs the competition

4151 Woodlawn Ave sold on May 26, 2021 for 30.34% lower 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 $217.93 per/sqft which puts the price per square foot 71.14% lower than the current median sale per square foot for the city of Los Angeles.

About 4151 Woodlawn Ave

Detailed summary of property

4151 Woodlawn Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,804 living square feet, and sits on an approximately 6,751 square foot lot. 4151 Woodlawn Ave was first listed on ArdentRealEstateGroup.com on February 15, 2021. The homeowner sold the property for $830,000. 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 30.34% lower than the current median priced home. Local homes that are currently for sale include 851 E 32nd St, 935 E 32nd St and 218 E 27th St. While the average home in Los Angeles, CA is selling in 94 days, 4151 Woodlawn Ave has a days on market of 63 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 4151 Woodlawn 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 4151 Woodlawn Ave

Public county record property details
Beds
6
Baths
3
Year built
1910
Sq. Ft.
3,804
Lot Size
6,751
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5113-031-001

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
$650,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
38
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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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