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4319 Morgan Ave, Los Angeles, CA 90011
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4319 Morgan Ave Los Angeles, CA 90011

$614,000 Sold Price as of 05/02/2022
  • 5 Beds
  • 2 Baths
  • 1,514 Sq.Ft.
Sold
$614,000 Sold Price as of 05/02/2022 Refinance Your Mortgage
Map preview of 4319 Morgan Ave, Los Angeles, CA 90011

Property Overview: 4319 Morgan Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,514 living square feet and 5,360 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTOR OPPORTUNITY!! 2 Houses on 1 Lot. The front house has 2 bedrooms and 1 bath. The back house has 3 bedrooms and 1 bath. The property offers a front yard, side and backyard areas also. In addition, there's a 1 car detached garage and a very long driveway for extra parking. Both houses have separate dining areas. Each house has it's own electric and gas meters. Property is freeway close and has good curb appeal. Both tenants are in good standing and are on month to month agreements. Property being sold in 'AS IS" condition. Owners will not do any repairs.

Listed by Gary Ballou | BRE #01099218 | Keller Williams Realty
Last checked: 15 minutes ago | Last updated: April 14th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
5,360
HOA Dues
$0/mo
Year built
1937
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
IG22025421
City
Los Angeles
County
Los Angeles
Time on Site
871 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $10,200
  • Net Operating Income: $10,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $1,500
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $500
  • Insurance: $1,080
  • Water/Sewer: $1,200

Property Details for 4319 Morgan Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5116019025
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: (N) of Vernon/ (E) of Compton Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4319 Morgan Ave

Last sold for $614,000 on May 2nd, 2022

  • April, 2023

  • Apr 14, 2023

    Date

    Canceled

    CRMLS: DW23009866

    $610,000

    Price

  • Jan 19, 2023

    Date

    Active

    CRMLS: DW23009866

    $610,000

    Price

  • Listing provided courtesy of CRMLS

    Great Duplex Home with detached garage in the City of Los Angeles! Nearby Downtown Los Angeles!

  • February, 2022

  • Feb 23, 2022

    Date

    Active Under Contract

    CRMLS: IG22025421

    $599,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: IG22025421

    $599,000

    Price

Show More

Tax History for 4319 Morgan Ave

Assessed Value (2020): $30,198
Year Land Value Improved Value Assessed Value
2020 $15,885 $14,313 $30,198

Home Value Compared to the Market

This property vs the competition

4319 Morgan Ave sold on May 2, 2022 for 46.99% 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 $395.64 per/sqft which puts the price per square foot 47.53% lower than the current median sale per square foot for the city of Los Angeles.

About 4319 Morgan Ave

Detailed summary of property

4319 Morgan Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,514 living square feet, and sits on an approximately 5,360 square foot lot. 4319 Morgan Ave was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $614,000. 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 46.99% lower than the current median priced home. Local homes that are currently for sale include 845 E 80th St, 7818 Avalon Blvd and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 99 days, 4319 Morgan Ave has a days on market of 14 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4319 Morgan Ave 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 4319 Morgan Ave

Public county record property details
Beds
5
Baths
2
Year built
1937
Sq. Ft.
1,514
Lot Size
5,360
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5116-019-025

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
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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