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4307 S Kansas Ave, Los Angeles, CA 90037
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4307 S Kansas Ave Los Angeles, CA 90037

$1,000,000 Sold Price as of 07/29/2022
  • 3 Beds
  • 4 Baths
  • 1,777 Sq.Ft.
Sold
$1,000,000 Sold Price as of 07/29/2022 Refinance Your Mortgage
Map preview of 4307 S Kansas Ave, Los Angeles, CA 90037

Property Overview: 4307 S Kansas Ave Los Angeles, CA has 3 bedrooms, 4 bathrooms, 1,777 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 4 unit property on a 6,750 Sq. Ft. lot zoned RD1.5 is a perfect opportunity for Investors or Owner Occupied. Newly remodeled 1 Bedroom/1 Bath Unit will be delivered Vacant. Located in South LA, a few blocks from USC, in an area of rapidly gentrification. This 1,777 square foot 4plex was built in 1942, and has a unit mix consisting of (3) 1 bed / 1 bath unit and (1) Single. Three our of the Four units will be delivered vacant. The building also has 4 single car garages that will be delivered vacant and assessable for ADU conversion. The entire building has upgraded Electric and Water Heaters. Property can be purchased with FHA loan.

Listed by Evelyn Baez Gonzalez | BRE #02103055 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Olga Wright | BRE #01315042 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 2 minutes ago | Last updated: July 29th, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1942
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB22122015
City
Los Angeles
County
Los Angeles
Time on Site
741 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.11%
  • Gross Rent Multiplier: 12.08
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $61,116
  • Gross Operating Income: $80,316
  • Vacancy Allowance: $2,484
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $19,200
  • New Taxes: $12,500
  • Trash: $0
  • Insurance: $900
  • Maintenance: $2,600
  • Water/Sewer: $3,200

Property Details for 4307 S Kansas Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Paved, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5020024002
  • Year Built Source: Assessor
  • Foundation Details: Concrete Perimeter
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Vernon Ave, Between Normandie and Vermont Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4307 S Kansas Ave

Last sold for $1,000,000 on July 29th, 2022

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: SB22122015

    $1,000,000

    Price

  • Jun 7, 2022

    Date

    Active

    CRMLS: SB22122015

    $1,000,000

    Price

Tax History for 4307 S Kansas Ave

Assessed Value (2020): $54,883
Year Land Value Improved Value Assessed Value
2020 $29,862 $25,021 $54,883

Home Value Compared to the Market

This property vs the competition

4307 S Kansas Ave sold on July 29, 2022 for 11.5% 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 $562.75 per/sqft which puts the price per square foot 25.37% lower than the current median sale per square foot for the city of Los Angeles.

About 4307 S Kansas Ave

Detailed summary of property

4307 S Kansas Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 3 bedrooms, 4 bathrooms, roughly 1,777 living square feet, and sits on an approximately 6,750 square foot lot. 4307 S Kansas Ave was first listed on ArdentRealEstateGroup.com on June 7, 2022. The homeowner sold the property for $1,000,000. 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 11.5% lower than the current median priced home. Local homes that are currently for sale include 1632 W 52nd St, 1823 W Martin Luther King Jr Blvd and 5860 Estrella Ave. While the average home in Los Angeles, CA is selling in 98 days, 4307 S Kansas Ave has a days on market of 16 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 4307 S Kansas Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4307 S Kansas Ave

Public county record property details
Beds
3
Baths
4
Year built
1942
Sq. Ft.
1,777
Lot Size
6,750
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5020-024-002

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$744,990
Median List Price/Sq.Ft.
$540
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$543
Total Inventory
31
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 4307 S Kansas Ave

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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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