4309 Crocker St, Los Angeles, CA 90011
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4309 Crocker St Los Angeles, CA 90011

$725,000 Sold Price as of 04/04/2022
  • 5 Beds
  • 5 Baths
  • 3,780 Sq.Ft.
Sold
$725,000 Sold Price as of 04/04/2022 Refinance Your Mortgage

Map preview of 4309 Crocker St, Los Angeles, CA 90011

Property Overview: 4309 Crocker St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,780 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT PRICE REAL SELLERS!!! $210 a foot & $159,000 per unit!! Upside in rents! Large 1320 sq ft Classic Craftsman WHICH ADDRESS IS 282 E. 43RD sT., 1907 blt per assessors records 2 bed SFR + DEN (perhaps a 3rd bedroom) & newer detached 2 story, 2460sq ft 4plex 4 1beds in good shape on 40x128 corner lot. The property 4 unit & home appear to be on 1 parcel which assessors show 3780 total bldg sq ft. along with separate gas & electric meters. The 4 unit building had a full copper re-pipe in 2015 and all main lines in that building too in copper, plus owner relaced 2 water heaters since 2015 purchase. Quiet street, 1 block from Lindsay Park. Easy-rent area 1 mile from Coliseum & USC. All units are in pretty good condition with no city violations. Passed recent Inspection with City of LA. Add Value deal to work with tenants on the rent & improvement's. Street Parking & all units have their own 40 gallon water heater. Rents are 70%-100% below market. Lowest price 5 units at $159,000 cos per unit & $210 a foot with upside! Property is under LA City Rent Control. All tenants have paid rent with no late rent due to Covid. Rents are $573, $565, $1,200, $551, & $988, Total is $3,861 a month. With market rents the the property could be a huge cash flow deal. *Best & Final Offers Due 11/17/2021 4:00 pm.*

Listed by William Mulkey | BRE #00986020 | TR Wealth Management Inc.
Last checked: 6 minutes ago | Last updated: April 7th, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
SB21241236
City
Los Angeles
County
Los Angeles
Time on Site
972 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $565
  • Total Rent: $565
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $535
  • Total Rent: $535
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $988
  • Total Rent: $988
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $573
  • Total Rent: $573
  • Pro Forma/Market Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.4%
  • Gross Rent Multiplier: 17.16
  • Gross Scheduled Income: $46,332
  • Net Operating Income: $27,427
  • Gross Operating Income: $46,332
  • Vacancy Allowance: $0
  • Gross Spendable Income: $1,724
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $18,728
  • New Taxes: $9,938
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,465
  • Maintenance: $1,852
  • Professional Management: $2,407
  • Water/Sewer: $2,226

Property Details for 4309 Crocker St

Interior Features
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Flat, Rolled/Hot Mop, Tar/Gravel
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5113009024
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: 110 FWY North Exit 19 Vernon East (Rt) go .2 miles Turn Left north to Crokcer Sy. 500 feet Duplex is on West Side (left)
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 4309 Crocker St

Last sold for $725,000 on April 4th, 2022
  • February, 2022

  • Feb 16, 2022

    Date

    Pending

    CRMLS: SB21241236

    $795,000

    Price

  • August, 2015

  • Aug 31, 2015

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

  • May, 2011

  • May 27, 2011

    Date

    Sold (Public Records)

    Public Records

    $221,245

    Price

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Tax History for 4309 Crocker St

Assessed Value (2020): $449,207
Year Land Value Improved Value Assessed Value
2020 $92,006 $357,201 $449,207

Home Value Compared to the Market

This property vs the competition

4309 Crocker St sold on April 4, 2022 for 37.6% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $210.32 per/sqft which puts the price per square foot 73.41% lower than the current median sale per square foot for the city of Los Angeles.

About 4309 Crocker St

Detailed summary of property

4309 Crocker St is a apartment that recently sold in Los Angeles, CA 90011. This apartment offered 5 bedrooms, 5 bathrooms, roughly 3,780 living square feet, and sits on an approximately 5,120 square foot lot. 4309 Crocker St was first listed on ArdentRealEstateGroup.com on November 4, 2021. The homeowner sold the property for $725,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.6% lower than the current median priced home. Local homes that are currently for sale include 116 W 52nd Pl, 128 E 54th St and 1170 E 46th St. While the average home in Los Angeles, CA is selling in 100 days, 4309 Crocker St has a days on market of 35 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 4309 Crocker St 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 4309 Crocker St

Public county record property details
Beds
6
Baths
5
Year built
1907
Sq. Ft.
3,780
Lot Size
5,119
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
115
APN
5113-009-024

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.