4250 Michael Ave, Los Angeles, CA 90066
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4250 Michael Ave Los Angeles, CA 90066

$2,100,000
  • 6 Beds
  • 4 Baths
  • 2,352 Sq.Ft.
For Sale
$2,100,000 Get Pre-Qualified

Map preview of 4250 Michael Ave, Los Angeles, CA 90066

Property Overview: 4250 Michael Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,352 living square feet and 4,903 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: Introducing a remarkable property that offers the perfect blend of comfort, convenience, and income potential. This exquisite home features a traditional main house boasting four bedrooms and two baths, complemented by a fenced front yard offering privacy and charm.As you step inside the main house, you'll be embraced by a warm and inviting atmosphere, offering ample space for living and entertaining. The kitchen is well-designed, while the cozy bedrooms provide a tranquil haven for the entire family.Adjacent to the main house, you'll discover two detached 1-bedroom, 1-bath units in the rear ADU (Accessory Dwelling Unit), each providing a private and comfortable living space. The units are separated by a rear deck, creating an ideal setting for outdoor gatherings and barbecuing.Located less than half a mile from a variety of high-end dining, shopping, and recreation options, including Equinox, Boa, and Gelson's, this property offers unbeatable convenience. Whether planning a night out in Marina Del Rey or Santa Monica or exploring the local area, everything you need is moments away.The main house, previously rented for $5800 ( under market ), will be delivered vacant. Each ADU rental has a proven track record, ranging from $2600 to $2750 for a combined $5250, making them a significant source of rental income. The total property income was $11,050 per month prior to this offering. This property is a prime opportunity for 1031 Exchange buyers or homeowners seeking to offset their expenses with rental income. Whether you're an investor eyeing a profitable venture or a homeowner aiming to maximize your investment, this property is a gateway to endless possibilities. Act now to secure this exceptional property in a sought-after Westside location. Schedule your showing today and turn this dream property into your reality!

Listed by Justin Vold | BRE #01818571 | Redfin
Last checked: 9 minutes ago | Last updated: June 9th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
4,903
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24396259
City
Los Angeles
County
Los Angeles
Time on Site
23 days

Open Houses for 4250 Michael Ave

No upcoming open houses

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Property Details for 4250 Michael Ave

Interior Features
Cooling Information
  • Has Cooling
  • Electric, Gas, Central Air
Heating Information
  • Has Heating
  • Electric, Natural Gas, Heat Pump
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable, In Kitchen, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Bonus Room, Den
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Range, Electric Oven, Range, Range Hood
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway, Street, Off Site
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: No Common Walls
  • Parcel Number: 4230019010
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Mindanao, just north of Maxella
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Sale History for 4250 Michael Ave

Last sold on April 30th, 2013
  • May, 2024

  • May 24, 2024

    Date

    Active

    CRMLS: 24396259

    $2,100,000

    Price

  • July, 2020

  • Jul 21, 2020

    Date

    Canceled

    CRMLS: 20602352

    $1,999,000

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: 20602352

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Everyone has been waiting for this Silicon Beach gem! Westside living at its finest! This is for an owner/investor who wants to supplement their income with high dollar existing lease rent. Four bedrooms and two bathrooms in the main house, this cute traditional home has a fenced front yard with well-manicured grass. There is an attached rear deck for barbecuing and lounging in the sun. The ADU to the rear of the property is a newer 2018 construction. Two floors with two bedrooms and two bathrooms, bringing $5100 in rental income, it's truly must see! The property has sought after southwestern exposure for all-day sun! A short hop to the dining, shopping, and lifestyle you've come to love in the Marina.

  • April, 2013

  • Apr 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2013

  • Apr 26, 2013

    Date

    Sold (Public Records)

    Public Records

    $836,000

    Price

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Tax History for 4250 Michael Ave

Assessed Value (2020): $1,065,125
Year Land Value Improved Value Assessed Value
2020 $656,559 $408,566 $1,065,125

Home Value Compared to the Market

This property vs the competition

4250 Michael Ave is listed 68% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $892.86 per/sqft which puts the price per square foot 14.76% higher than the median price per square foot for the city of Los Angeles.

About 4250 Michael Ave

Detailed summary of property

4250 Michael Ave is a single family home located in Los Angeles, CA 90066 and is currently for sale. This house offers 6 bedrooms, 4 bathrooms, roughly 2,352 living square feet, and sits on an approximately 4,903 square foot lot. 4250 Michael Ave was first listed on ArdentRealEstateGroup.com on May 25, 2024. The homeowner is currently asking $2,100,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 68% higher than the median priced home. Local competing homes currently for sale include 12445 Matteson Ave, 3857 S Centinela Ave and 12591 Havelock Ave. While the average home in Los Angeles, CA is selling in 97 days, 4250 Michael Ave has a days on market of 16 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 4250 Michael Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4250 Michael Ave

Public county record property details
Beds
4
Baths
2
Year built
1941
Sq. Ft.
1,554
Lot Size
4,902
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
281
APN
4230-019-010

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$1,004
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$1,078
Total Inventory
127
Median Sale to List Price %
95.79%
Avg Days on Market
41
Loan Type
Conventional (8%), FHA (0%), VA (0%), Cash (20%), Other (12%)

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Related Resources to 4250 Michael 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.