4247 9th Ave, Los Angeles, CA 90008
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4247 9th Ave Los Angeles, CA 90008

$1,100,000 Sold Price as of 05/29/2019
  • 5 Beds
  • 5 Baths
  • 3,714 Sq.Ft.
Sold
$1,100,000 Sold Price as of 05/29/2019 Refinance Your Mortgage

Map preview of 4247 9th Ave, Los Angeles, CA 90008

Property Overview: 4247 9th Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,714 living square feet and 5,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated on a large corner lot in the highly sought after area of Leimert Park in Los Angeles. This amazing rare duplex features two large townhome style units with a courtyard and in ground spa. The main unit has 3 bedrooms, 2.5 baths and is approximately 2014 sq ft. The second unit has 2 bedrooms, 2 baths and is approximately 1700 sq ft. Each unit features an upstairs and downstairs, large living room, formal dining room, laudry room private roof top terrace, private garage and more. Minutes to LAX, New NFL Stadium, USC and Downtown Los Angeles via the new Metro rail (coming soon). Great investment opportunity, needs TLC. Property is being sold "AS IS" with no repairs.

Listed by James Burton | BRE #02064190 | Berkshire Hathaway HSCP
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 149

Home details

Lot Sq. Ft
5,929
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB18275452
City
Los Angeles
County
Los Angeles
Time on Site
1234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,000
  • Net Operating Income: $68,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,000
  • Trash: $0
  • Insurance: $2,500
  • Water/Sewer: $0

Property Details for 4247 9th Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 5023013001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets 9th Avenue and Garthwaite
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Urban
View more facts & features

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Sale History for 4247 9th Ave

Last leased for $3,500 on January 16th, 2021
  • January, 2021

  • Jan 18, 2021

    Date

    Leased

    CRMLS: 20672844

    $3,500

    Price

  • Dec 23, 2020

    Date

    Active

    CRMLS: 20672844

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    NOT AVAILABLE UNTIL FEBRUARY 1, 2021. PLEASE VIEW FULL WALK THROUGH YOUTUBE VIDEO TOUR. $3,500 per month 3 Bed / 3 Bath / 2 Car Garage / In Ground Hot Tub! Referred to as "El Palacio" (The Palace), this majestic Spanish Style Duplex has been recently completely remodeled, renovated, and adorned with artistic touches. Situated on a large corner lot, this property features multiple balconies and private outdoor areas . It feels like its own Single Family Home with two stories with just over 2,000 sq ft of indoor living space having 3 bedrooms and 3 bathrooms. It features two private upstairs terraces, one private downstairs patio with outdoor/garden access, and a two-car garage. There is ALSO a shared backyard/courtyard with an in-ground hot tub. This home was recently completely upgraded and renovated featuring an open kitchen concept, like new stainless steel appliances with laundry machines in a laundry area. You must see to believe! NOT AVAILABLE UNTIL FEBRUARY 1, 2021. WATCH VIDEO.

  • January, 2020

  • Jan 17, 2020

    Date

    Leased

    CRMLS: 20541942

    $3,500

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: 20541942

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Lovingly referred to as "El Palacio" (The Palace), this majestic Spanish Style Duplex has been completely remodeled, renovated, and adorned with artistic touches. There are two units available, situated on a large corner lot with two separate/different street addresses. Each two-story unit is extremely private and feels more like its own Single Family Home. 4247 9th Ave is the larger unit at just over 2,000 sq ft with 3 bedrooms and 2.5 bathrooms. Features two private upstairs terraces, one private downstairs patio with outdoor/garden access, and a two-car garage. 4238 Garthwaite Ave is approximately 1,700 sq ft with 2 bedrooms and 2 bathrooms. Features one private upstairs terrace and a single car garage. There is a shared backyard/courtyard with an in-ground hot tub. Both units have been completely upgraded and renovated. Brand new stainless steel appliances with laundry machines in both units. You must see to believe!

  • January, 2020

  • Jan 15, 2020

    Date

    Leased

    CRMLS: 20541984

    $3,100

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: 20541984

    $3,100

    Price

  • Listing provided courtesy of CRMLS

    Lovingly referred to as "El Palacio" (The Palace), this majestic Spanish Style Duplex has been completely remodeled, renovated, and adorned with artistic touches. There are two units available, situated on a large corner lot with two separate street addresses. Each two-story unit is extremely private and feels more like its own Single Family Home. 4238 Garthwaite Ave is approximately 1,700 sq ft with 2 bedrooms and 2 bathrooms. Features one private upstairs terrace and a single car garage. 4247 9th Ave is the larger unit at just over 2,000 sq ft with 3 bedrooms and 2.5 bathrooms. Features two private upstairs terraces, one private downstairs patio, and a two-car garage. There is a shared backyard/courtyard with an in-ground HOT TUB. Both units have been completely upgraded and renovated. All new appliances with stainless steel Fridge, Oven, Dishwasher. New Laundry Machines in both units. You must see to believe!

  • January, 2020

  • Jan 8, 2020

    Date

    Canceled

    CRMLS: 19534370

    $3,250

    Price

  • Dec 30, 2019

    Date

    Withdrawn

    CRMLS: 19534370

    $3,250

    Price

  • Dec 4, 2019

    Date

    Active

    CRMLS: 19534370

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    Lovingly referred to as "El Palacio" (The Palace), this majestic Spanish Style Duplex has been completely remodeled, renovated, and adorned with artistic touches. There are two units available, situated on a large corner lot with two separate street addresses. Each two-story unit is extremely private and feels more like its own Single Family Home. 4238 Garthwaite Ave is approximately 1,700 sq ft with 2 bedrooms and 2 bathrooms. Features one private upstairs terrace and a single car garage. 4247 9th Ave is the larger unit at just over 2,000 sq ft with 3 bedrooms and 2.5 bathrooms. Features two private upstairs terraces, one private downstairs patio, and a two-car garage. There is a shared backyard/courtyard with an in-ground HOT TUB. Both units have been completely upgraded and renovated. All new appliances with laundry areas in both units. You must see to believe!

  • January, 2020

  • Jan 8, 2020

    Date

    Canceled

    CRMLS: 19534358

    $3,600

    Price

  • Dec 30, 2019

    Date

    Withdrawn

    CRMLS: 19534358

    $3,600

    Price

  • Dec 4, 2019

    Date

    Active

    CRMLS: 19534358

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Lovingly referred to as "El Palacio" (The Palace), this majestic Spanish Style Duplex has been completely remodeled, renovated, and adorned with artistic touches. There are two units available, situated on a large corner lot with two separate/different street addresses. Each two-story unit is extremely private and feels more like its own Single Family Home. 4247 9th Ave is the larger unit at just over 2,000 sq ft with 3 bedrooms and 2.5 bathrooms. Features two private upstairs terraces, one private downstairs patio, and a two-car garage. 4238 Garthwaite Ave is approximately 1,700 sq ft with 2 bedrooms and 2 bathrooms. Features one private upstairs terrace and a single car garage. There is a shared backyard/courtyard with an in-ground hot tub. Both units have been completely upgraded and renovated. All new appliances with laundry areas in both units. You must see to believe!

  • May, 2019

  • May 30, 2019

    Date

    Sold

    CRMLS: SB18275452

    $1,100,000

    Price

  • Apr 12, 2019

    Date

    Pending

    CRMLS: SB18275452

    $1,200,000

    Price

  • Nov 17, 2018

    Date

    Active

    CRMLS: SB18275452

    $1,200,000

    Price

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,090,000

    Price

  • November, 2001

  • Nov 1, 2001

    Date

    Sold (Public Records)

    Public Records

    $319,000

    Price

Show More

Tax History for 4247 9th Ave

Assessed Value (2020): $1,111,800
Year Land Value Improved Value Assessed Value
2020 $1,009,800 $102,000 $1,111,800

Home Value Compared to the Market

This property vs the competition

4247 9th Ave sold on May 29, 2019 for 0.84% 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 $323.1 per/sqft which puts the price per square foot 57.21% lower than the current median sale per square foot for the city of Los Angeles.

About 4247 9th Ave

Detailed summary of property

4247 9th Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 3,714 living square feet, and sits on an approximately 5,929 square foot lot. 4247 9th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,100,000. 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 0.84% higher than the current median priced home. Local homes that are currently for sale include 2216 W Jefferson Blvd, 5302 S Manhattan Pl and 3513 S Bronson Ave. While the average home in Los Angeles, CA is selling in 95 days, 4247 9th Ave has a days on market of 149 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 4247 9th Ave Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4247 9th Ave

Public county record property details
Beds
5
Baths
4
Year built
1928
Sq. Ft.
3,714
Lot Size
5,928
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
430
APN
5023-013-001

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$667
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
53
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

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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.