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4325 Gateway Ave, Los Angeles, CA 90029
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4325 Gateway Ave Los Angeles, CA 90029

$1,199,000
  • 2 Beds
  • 3 Baths
  • 2,044 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified
Map preview of 4325 Gateway Ave, Los Angeles, CA 90029

Property Overview: 4325 Gateway Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 2,044 living square feet and 5,011 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: Imagine living on a quiet side street in the heart of Sunset Junction, where an exceptional property awaits you. This unique opportunity features three charming Craftsman-style units, each with original details that exude character and charm. At the front of the property, two spacious one-bedroom, one-bath units sit side by side. Each offers a formal dining room with delightful vintage built-ins, rich hardwood floors, nine-light windows, private gardens, and private garages that can be used as studios, offices, or storage spaces. You'll feel right at home in the available unit, which perfectly matches the inviting layout shown in the photos. Additionally, a standalone structure houses a cozy two-room studio apartment with a private patio, providing versatility and income. The unbeatable location is just moments away from a variety of delicious restaurants, unique shops, Erewhon Market, and some of the city's best coffee spots, like Intelligentsia and Dinosaur Coffee.This property is not just a place to live it's a place to thrive. Embrace the vibrant Sunset Junction lifestyle and make this charming haven your own.

Listed by Leslie Romenesko | BRE #01724540 | Compass
Last checked: 8 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
5,011
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24417649
City
Los Angeles
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $925
  • Total Rent: $925
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,496
  • Total Rent: $2,496
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $65,067
  • Gross Operating Income: $69,600
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4325 Gateway Ave

No upcoming open houses

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Property Details for 4325 Gateway Ave

Interior Features
Heating Information
  • Has Heating
  • Gravity
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 3
  • Parcel Number: 5429006016
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North side of Gateway between Hoover and Bates.
View more facts & features

Local Los Angeles Agent

Sale History for 4325 Gateway Ave

Last sold for $214,000 on April 28th, 2000

  • July, 2024

  • Jul 21, 2024

    Date

    Active

    CRMLS: 24417649

    $1,199,000

    Price

  • May, 2023

  • May 4, 2023

    Date

    Canceled

    CRMLS: P1-12598

    $1,350,000

    Price

  • Feb 9, 2023

    Date

    Active

    CRMLS: P1-12598

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Sunset Junction location! 3 Craftsman-style units, lovingly maintained with lots of original character. Two large, one-bedroom, one-bath units (side by side), each with formal dining rooms, hardwood floors and vintage built ins. One unit will be vacant. Identical layout to the unit shown in photos. Separate free-standing building with a 2-room studio apartment. All 3 units have quiet, beautiful outdoor gardens. front 2 units include garages that have been converted into studio/work spaces w storage for those tenants. Front building has been bolted to foundation. Property believed to be built for RKO Studios in the 1920s.

  • April, 2000

  • Apr 28, 2000

    Date

    Sold (Public Records)

    Public Records

    $214,000

    Price

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Tax History for 4325 Gateway Ave

Assessed Value (2020): $300,731
Year Land Value Improved Value Assessed Value
2020 $216,418 $84,313 $300,731

Home Value Compared to the Market

This property vs the competition

4325 Gateway Ave is listed 0.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $586.59 per/sqft which puts the price per square foot 23.62% lower than the median price per square foot for the city of Los Angeles.

About 4325 Gateway Ave

Detailed summary of property

4325 Gateway Ave is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 2 bedrooms, 3 bathrooms, roughly 2,044 living square feet, and sits on an approximately 5,011 square foot lot. 4325 Gateway Ave was first listed on ArdentRealEstateGroup.com on July 21, 2024. The homeowner is currently asking $1,199,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.08% lower than the median priced home. Local competing homes currently for sale include 4919 Lexington Ave, 622 Maltman Ave and 2012 Talmadge St. While the average home in Los Angeles, CA is selling in 106 days, 4325 Gateway Ave has a days on market of 60 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 4325 Gateway Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4325 Gateway Ave

Public county record property details
Beds
2
Baths
3
Year built
1922
Sq. Ft.
2,044
Lot Size
5,009
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
57
APN
5429-006-016

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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