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4319 Triggs St, Los Angeles, CA 90023
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4319 Triggs St Los Angeles, CA 90023

$1,000,000 Sold Price as of 07/26/2021
  • 8 Beds
  • 8 Baths
  • 3,768 Sq.Ft.
Sold
$1,000,000 Sold Price as of 07/26/2021 Refinance Your Mortgage
Map preview of 4319 Triggs St, Los Angeles, CA 90023

Property Overview: 4319 Triggs St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,768 living square feet and 7,493 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Highlights:-HARD-TO-FIND current cap rate of 6.07% and GRM of 11.8 !!!!!!!!!! No TRASH BILL. NO GAS BILL. No SEISMIC RETROFIT NEEDED !!!!!!!!! ALL UNITS HAVE INDIVIDUAL WATER HEATERS. Seven legal units and one non-conforming unit -Potential of turning the non-conforming unit into ADU( Buyer to verify independently)-Property is gated and secured-100% rent collection-Three units have private yards-THIS IS PROBABLY THE BEST PRICED-PROPERTY ON THE MARKET TODAY.

Listed by Jeanette Monfared | BRE #00765098 | Marcus & Millichap
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
7,493
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21726792
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,236
  • Total Rent: $1,236
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $993
  • Total Rent: $5,956
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $550
  • Total Rent: $550
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.86
  • Gross Scheduled Income: --
  • Net Operating Income: $66,707
  • Gross Operating Income: $92,904
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4319 Triggs St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate
Property Information
  • Total # of Units: 8
  • Parcel Number: 5241020017
Location / Neighborhood
Location Information
  • Directions: South of Olympic Boulevard and West of Eastern Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 4319 Triggs St

Last sold for $1,000,000 on July 26th, 2021

  • July, 2021

  • Jul 26, 2021

    Date

    Sold

    CRMLS: 21726792

    $1,000,000

    Price

  • May 25, 2021

    Date

    Pending

    CRMLS: 21726792

    $1,098,000

    Price

  • May 3, 2021

    Date

    Active

    CRMLS: 21726792

    $1,098,000

    Price

  • May, 2021

  • May 3, 2021

    Date

    Canceled

    CRMLS: 21695646

    $1,195,000

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: 21695646

    $1,195,000

    Price

  • Mar 30, 2021

    Date

    Pending

    CRMLS: 21695646

    $1,195,000

    Price

  • Mar 4, 2021

    Date

    Price Change

    CRMLS: 21695646

    $1,195,000

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: 21695646

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Highlights:-Strong in-place rents and a current cap rate of 5.58%-7 legal units and one non-conforming unit -Potential of turning the non-conforming unit into ADU( Buyer to verify independently)-Property is gated and secured-100% rent collection-Three units have private yards-No seismic retrofit needed-All units have individual water heaters-Low utility costs trash is picked up by the utility company

  • January, 2017

  • Jan 18, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2014

  • Jul 25, 2014

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 4319 Triggs St

Assessed Value (2020): $741,780
Year Land Value Improved Value Assessed Value
2020 $439,575 $302,205 $741,780

Home Value Compared to the Market

This property vs the competition

4319 Triggs St sold on July 26, 2021 for 1.96% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $291.4 per/sqft which puts the price per square foot 59.75% lower than the current median sale per square foot for the city of Los Angeles.

About 4319 Triggs St

Detailed summary of property

4319 Triggs St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 3,768 living square feet, and sits on an approximately 7,493 square foot lot. 4319 Triggs St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,000,000. Home 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 1.96% lower than the current median priced home. Local homes that are currently for sale include 2828 E Lanfranco St, 5406-5408 E Via Corona St and 127 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 106 days, 4319 Triggs St has a days on market of 22 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. For more information on this home for sale at 4319 Triggs St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4319 Triggs St

Public county record property details
Beds
8
Baths
7
Year built
1929
Sq. Ft.
3,768
Lot Size
7,493
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5241-020-017

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
18
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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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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