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4273 Mcclung Dr, Los Angeles, CA 90008
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4273 Mcclung Dr Los Angeles, CA 90008

$862,500 Sold Price as of 05/08/2023
  • 4 Beds
  • 2 Baths
  • 2,426 Sq.Ft.
Sold
$862,500 Sold Price as of 05/08/2023 Refinance Your Mortgage
Map preview of 4273 Mcclung Dr, Los Angeles, CA 90008

Property Overview: 4273 Mcclung Dr Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,426 living square feet and 4,838 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: AN INCREDIBLE INVESTMENT OPPORTUNITY AWAITS! Located in the highly sought after Leimert Park area on a beautiful tree lined street. This property has endless possibilities. Each unit consists of 2 spacious bedrooms/1 bath, separate dining room, large living room, enclosed balcony. Two separate detached 2 car garages, a detached storage unit and large courtyard area for outdoor entertaining. Check with city for possible ADU garage conversion. Property needs updating. It's the perfect blank canvas for experienced investors or a first-time buyer looking to get into the market and acquire an income property. Also ideal for multi families wanting to purchase and live together. Centrally located to DTLA, Crenshaw/LAX metro line, shops, restaurants, hospital and the 110, 10 and 405 freeway. This duplex has so much potential!

Listed by Angela Quinones | BRE #01409851 | Real Estate eBroker Inc.
Last checked: 8 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,838
HOA Dues
$0/mo
Year built
1952
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23254347
City
Los Angeles
County
Los Angeles
Time on Site
461 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8%
  • Gross Rent Multiplier: 10.76
  • Gross Scheduled Income: --
  • Net Operating Income: $59,793
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4273 Mcclung Dr

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5024017033
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw, West of Arlington, North of Vernon, South of Martin Luther King Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 4273 Mcclung Dr

Last sold for $862,500 on May 8th, 2023

  • May, 2023

  • May 8, 2023

    Date

    Sold

    CRMLS: 23254347

    $862,500

    Price

  • Mar 24, 2023

    Date

    Active

    CRMLS: 23254347

    $775,000

    Price

  • December, 1997

  • Dec 22, 1997

    Date

    Sold (Public Records)

    Public Records

    $163,000

    Price

Show More

Tax History for 4273 Mcclung Dr

Assessed Value (2020): $237,965
Year Land Value Improved Value Assessed Value
2020 $127,013 $110,952 $237,965

Home Value Compared to the Market

This property vs the competition

4273 Mcclung Dr sold on May 8, 2023 for 31.42% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $319.46 per/sqft which puts the price per square foot 57.63% lower than the current median sale per square foot for the city of Los Angeles.

About 4273 Mcclung Dr

Detailed summary of property

4273 Mcclung Dr is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,426 living square feet, and sits on an approximately 4,838 square foot lot. 4273 Mcclung Dr was first listed on ArdentRealEstateGroup.com on March 27, 2023. The homeowner sold the property for $862,500. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.42% lower than the current median priced home. Local homes that are currently for sale include 2813 12th Ave, 3574 Cimarron St and 6409 11th Ave. While the average home in Los Angeles, CA is selling in 99 days, 4273 Mcclung Dr has a days on market of 6 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4273 Mcclung Dr 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 4273 Mcclung Dr

Public county record property details
Beds
4
Baths
2
Year built
1952
Sq. Ft.
2,426
Lot Size
4,838
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
510
APN
5024-017-033

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
$1,349,000
Median List Price/Sq.Ft.
$688
Median Sold Price
$1,120,000
Median Sold Price/Sq.Ft.
$724
Total Inventory
58
Median Sale to List Price %
112.56%
Avg Days on Market
64
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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