4316 Winchester Ave Los Angeles, CA 90032

$248,000 Sold Price as of 08/04/1997

10 Beds
10 Baths
4,752 Sq.Ft.

Off Market

$248,000 Sold Price as of 08/04/1997 Refinance Your Mortgage

Map preview of 4316 Winchester Ave, Los Angeles, CA 90032

Property Overview: 4316 Winchester Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 4,752 living square feet and 3,533 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4316 Winchester Ave 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 $771. 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 4316 Winchester Ave

Last sold for $248,000 on August 4th, 1997

August, 2022
Aug 17, 2022

Date

Expired

CRMLS: 22157161

$1,995,000

Price
May 16, 2022

Date

Active

CRMLS: 22157161

$2,100,000

Price
Listing provided courtesy of CRMLS

4316 Winchester Avenue is a great value add investment opportunity, situated on a quiet small cul-de-sac. The property will we be delivered with 4 of the 6 units vacant. Built in 1991 and is not subject to LA City rent control. The property consists of (4) 2+2's & (2) 1+1's. There are 10 onside parking spaces with a gated driveway. The property is conveniently located between South Pasadena and Alhambra in a high demand rental market.

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February, 2022
Feb 1, 2022

Date

Expired

CRMLS: RS21220271

$1,650,000

Price
Oct 6, 2021

Date

Active

CRMLS: RS21220271

$1,680,000

Price
Listing provided courtesy of CRMLS

Wonderful Income Property!! Great opportunity for investors looking for a long-term hold in a great, up, and coming area only minutes to Downtown L.A.. Adjacent to Alhambra and South Pasadena. There are 6 units in this apartment building. This property features 4 spacious two bedrooms with 2 full bathrooms, and 2 one bedrooms with 1 full bathroom. This complex also includes laundry facilities, security gate and 12 parking spaces. sold as is!! The current rent is only $1.46 per Sqft. Based on our research, the $1.46 per Sqft rent is much lower than the average rent per Sqft. The average rent per Sqft at the postal code 90032 should be $2.52. Therefore, the new owner has a good change to increase a lot of rent. Currently, the cap rate is 3.53% with $1,650,000 purchase price. If the new owner can increase the rent to $2.52 per sqft, the cap rate will be around 6.06%

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August, 1997
Aug 4, 1997

Date

Sold (Public Records)

Public Records

$248,000

Price

Tax History for 4316 Winchester Ave

Assessed Value (2020): $354,769

Year	Land Value	Improved Value	Assessed Value
2020	$145,996	$208,773	$354,769

About 4316 Winchester Ave

Detailed summary of property

4316 Winchester Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90032 and last sold on August 4, 1997 for $248,000. This property has 10 bedrooms, 10 bathrooms, roughly 4,752 living square feet, and sits on an approximately 3,533 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 77.86% lower than the current median priced home. 4316 Winchester Ave was last sold on August 4, 1997 for $248,000. Local nearby listings include 3633 Castalia Ave, 898 Temple Terrace #223 and 2827 Budau Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 4316 Winchester Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4316 Winchester Ave

Public county record property details

Beds: 10
Baths: 10
Year built: 1991
Sq. Ft.: 4,752
Lot Size: 3,533
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 27
APN: 5309-023-014

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$677

Median Sold Price

$765,000

Median Sold Price/Sq.Ft.

$711

Total Inventory

Median Sale to List Price %

109.44%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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