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4316 Edenhurst Ave, Los Angeles, CA 90039
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4316 Edenhurst Ave Los Angeles, CA 90039

$3,495,000
  • 13 Beds
  • 10 Baths
  • 8,855 Sq.Ft.
For Sale
$3,495,000 Get Pre-Qualified
Map preview of 4316 Edenhurst Ave, Los Angeles, CA 90039

Property Overview: 4316 Edenhurst Ave Los Angeles, CA has 13 bedrooms, 10 bathrooms, 8,855 living square feet and 12,373 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: Seller Carry Financing Available. Value-add investment opportunity located in the trendy Los Angeles submarket of Atwater Village. This 8-unit apartment complex features a diverse unit mix consisting of one very large 4 bed + 3 bath, two 2 bed + 1 bath, and five 1 bed + 1 bath units. Atwater Village boasts a vibrant community of with a mix of modern amenities and old-school charm. From trendy cafes and eateries to boutique shops and yoga studios, residents enjoy easy access to everything they need. With picturesque streets, parks, and the proximity to the LA River, the neighbourhood offers a relaxed yet dynamic lifestyle in the heart of LA. From the property, it's only a short brisk walk to the following neighborhood facilities: North Atwater Park, Chevy Chase Park, North Atwater Bridge, The Paddock Riding Club, River Ridge Club and Stables and much more along the LA River. Tuck-under retrofit work has yet to be complete, but plans are in place. This could offer a savvy investor the ability for ADU potential, buyer to research and verify at their discretion. Broker/agent do not guarantee the accuracy of the information pertaining to the size and condition of the property and its features provided by the Seller, though public records, or any other sources and Buyer is advised to independently verify the accuracy of such information.

Listed by Rickird Rey Ramirez | BRE #01964882 | Ally Commercial Real Estate
Last checked: 9 minutes ago | Last updated: March 21st, 2024 | Source CRMLS | DOM: 33
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Home details

Lot Sq. Ft
12,373
HOA Dues
$0/mo
Year built
1941
Garage
1 Car
Property Type:
Mixed Use
Status
Active
MLS#
DW24056360
City
Los Angeles
County
Los Angeles
Time on Site
41 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,272
  • Total Rent: $4,272
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,867
  • Total Rent: $1,867
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,436
  • Total Rent: $1,436
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,080
  • Total Rent: $2,080
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,446
  • Total Rent: $1,446
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,840
  • Total Rent: $1,840
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,760
  • Total Rent: $1,760
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,096
  • Total Rent: $2,096
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $201,567
  • Net Operating Income: $125,582
  • Gross Operating Income: $197,319
  • Laundry Income: $1,800
Annual Expense Breakdown
  • Total Operating Expense: $71,737
  • Electric: $1,000
  • Gas/Fuel: $0
  • New Taxes: $43,687
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $4,427
  • Maintenance: $4,000
  • Professional Management: $8,062
  • Water/Sewer: $7,062

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Property Details for 4316 Edenhurst Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Built-In Storage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Canyon
  • Common Walls: 1 Common Wall
  • Total # of Units: 8
  • Parcel Number: 5594015015
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Edenhurst Ave south of Chevy Chase Dr and north of Verdant St.
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Horse Trails, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4316 Edenhurst Ave

Last sold on November 16th, 2020

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: DW24056360

    $3,495,000

    Price

  • November, 2020

  • Nov 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2011

  • Sep 22, 2011

    Date

    Expired

    CRMLS: 22138834

    $1,495,000

    Price

  • May 18, 2010

    Date

    Active

    CRMLS: 22138834

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    ATWATER VILLAGE AREA IS AN 8 UNIT BUILDING. HAS 4-2+1/3-1+1/1-4+1 UNITS, THE BLDG SIZE IS 8855 AND 12,415 LOT. DESIRABLE LOCATION FOR INVESTORS. BUYER TO COOPERATE WITH SELLERS 1031 EXCHANGE OR REVERSE EXCHANGE.

  • July, 1999

  • Jul 7, 1999

    Date

    Sold (Public Records)

    Public Records

    $492,500

    Price

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Tax History for 4316 Edenhurst Ave

Assessed Value (2020): $692,132
Year Land Value Improved Value Assessed Value
2020 $477,819 $214,313 $692,132

Home Value Compared to the Market

This property vs the competition

4316 Edenhurst Ave is listed 182.77% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $394.69 per/sqft which puts the price per square foot 48.94% lower than the median price per square foot for the city of Los Angeles.

About 4316 Edenhurst Ave

Detailed summary of property

4316 Edenhurst Ave is a mixed use located in Los Angeles, CA 90039 and is currently for sale. This mixed use property offers 13 bedrooms, 10 bathrooms, roughly 8,855 living square feet, and sits on an approximately 12,373 square foot lot. 4316 Edenhurst Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $3,495,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 182.77% higher than the median priced home. Local competing homes currently for sale include 1205 N San Gabriel Ave, 736-744 Olive Ave and 1128 Stanley Ave. While the average home in Los Angeles, CA is selling in 96 days, 4316 Edenhurst Ave has a days on market of 33 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4316 Edenhurst Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4316 Edenhurst Ave

Public county record property details
Beds
16
Baths
9
Year built
1941
Sq. Ft.
8,855
Lot Size
12,373
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5594-015-015

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$966
Median Sold Price
$1,550,000
Median Sold Price/Sq.Ft.
$1,057
Total Inventory
50
Median Sale to List Price %
111.59%
Avg Days on Market
37
Loan Type
Conventional (30.77%), FHA (0%), VA (7.69%), Cash (15.38%), Other (15.38%)

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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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