4309 S Main St Los Angeles, CA 90037

$2,300,000 Sold Price as of 12/20/2019

-- Beds
20 Baths
9,408 Sq.Ft.

Off Market

$2,300,000 Sold Price as of 12/20/2019 Refinance Your Mortgage

Map preview of 4309 S Main St, Los Angeles, CA 90037

Property Overview: 4309 S Main St Los Angeles, CA has -- bedrooms, 20 bathrooms, 9,408 living square feet and 6,756 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4309 S Main St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4309 S Main St

Last sold for $2,300,000 on December 20th, 2019

May, 2022
May 19, 2022

Date

Expired

CRMLS: 22126670

$3,700,000

Price
Feb 10, 2022

Date

Active

CRMLS: 22126670

$3,800,000

Price
Listing provided courtesy of CRMLS

4309 S Main Street is a 20-unit apartment complex in Los Angeles, CA. Built in 1924, the property is a two-story building on the corner of Main Street and 43rd Street. Unit mix includes eighteen (18) Singles and two (2) One-Bedroom units. The property features secure gated entry, an on-site manager, and a community laundry facility. This property has undergone heavy capital improvements over the past two years with the current owner investing over $350,000 of capital improvements to the building and the interior units. 16 of the 20 units have been fully remodeled, and the bones of the property are strong with upgrades to the plumbing, electrical, roof and foundation. This property is turn-key and will require low maintenance moving forward. All units are currently occupied and there are no tenants delinquent in rent. The current loan on the property with Freddie Mac is assumable. The terms are stronger than what is in the market right now - 71% LTV / 3.15% Interest Rate / Fixed for 4.5 more years. Situated just South of Downtown Los Angeles, and just South of USC this property is in a prime location for gentrification and rent growth. The area offers restaurants, retail, local parks, including South Recreation Center, Gilbert Lindsay Recreation Center and South Los Angeles Wetlands Parks. Residents enjoy the proximity to the variety of amenities at the USC Village. Additionally, the property along Interstate 110- allowing easy access to neighboring cities. Local transportation options available are Jefferson/USC.

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December, 2019
Dec 20, 2019

Date

Sold (Public Records)

Public Records

$2,300,000

Price
August, 2004
Aug 13, 2004

Date

Sold (Public Records)

Public Records

$1,000,000

Price

Tax History for 4309 S Main St

Assessed Value (2020): $2,302,850

Year	Land Value	Improved Value	Assessed Value
2020	$1,300,000	$1,002,850	$2,302,850

About 4309 S Main St

Detailed summary of property

4309 S Main St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90037 and last sold on December 20, 2019 for $2,300,000. This property has -- bedrooms, 20 bathrooms, roughly 9,408 living square feet, and sits on an approximately 6,756 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 105.36% higher than the current median priced home. 4309 S Main St was last sold on December 20, 2019 for $2,300,000. Local nearby listings include 889 E Vernon Ave, 634 E 52nd Pl and 416 E 31st St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 4309 S Main St 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 4309 S Main St

Public county record property details

Beds: --
Baths: 20
Year built: 1924
Sq. Ft.: 9,408
Lot Size: 6,756
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 31
APN: 5111-012-002

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

$688,000

Median List Price/Sq.Ft.

$546

Median Sold Price

$626,228

Median Sold Price/Sq.Ft.

$437

Total Inventory

Median Sale to List Price %

125.5%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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