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4327 Don Tomaso Dr, Los Angeles, CA 90008
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4327 Don Tomaso Dr Los Angeles, CA 90008

$1,125,000 Sold Price as of 06/22/2021
  • 8 Beds
  • 5 Baths
  • 4,834 Sq.Ft.
Sold
$1,125,000 Sold Price as of 06/22/2021 Refinance Your Mortgage
Map preview of 4327 Don Tomaso Dr, Los Angeles, CA 90008

Property Overview: 4327 Don Tomaso Dr Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,834 living square feet and 9,475 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 4327 Don Tomaso Drive, a 5-unit investment property in Los Angeles, California. The property is located just off of Stocker Street and blocks from La Brea Avenue. This area is a solid majority-renter market with low vacancy rates. 4327 Don Tomaso Drive consists of three 2 bedroom 1 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers two 2 car garages and one single car garage in the front. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. PROPERTY HIGHLIGHTS: Three 2 Bedroom and Two 1 Bedroom Units, 5 Garage Spaces, A Potential 172% Increase in NOI, Just minutes from the Kenneth Hahn State Recreation Area

Listed by Jonathan Weir | BRE #02038545 | Marcus & Millichap
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
9,475
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21730374
City
Los Angeles
County
Los Angeles
Time on Site
1234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $1,959
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,034
  • Total Rent: $3,101
  • Pro Forma/Market Rent: $5,985
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 29.76
  • Gross Scheduled Income: --
  • Net Operating Income: $27,254
  • Gross Operating Income: $58,898
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4327 Don Tomaso Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5026015008
Location / Neighborhood
Location Information
  • Directions: Don Tomaso Drive & Don Miguel Drive
View more facts & features

Local Los Angeles Agent

Sale History for 4327 Don Tomaso Dr

Last sold for $1,125,000 on June 22nd, 2021

  • June, 2021

  • Jun 22, 2021

    Date

    Sold

    CRMLS: 21730374

    $1,125,000

    Price

  • May 28, 2021

    Date

    Pending

    CRMLS: 21730374

    $1,200,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 21730374

    $1,200,000

    Price

  • September, 2014

  • Sep 22, 2014

    Date

    Sold (Public Records)

    Public Records

    $596,500

    Price

  • June, 2014

  • Jun 3, 2014

    Date

    Price Change

    CRMLS: SB14115137

    $585,000

    Price

  • Listing provided courtesy of CRMLS

    This garden style apartment building is on a clean quite street parallel and above Stocker Boulevard. There is no development on the opposite side of the street which makes for less crowded conditions, and plenty of on street parking on that side. The property is lushly landscaped with a large variety of tropical vegetation. The tenancy is stable and requires little attention.

  • January, 2012

  • Jan 23, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4327 Don Tomaso Dr

Assessed Value (2020): $925,985
Year Land Value Improved Value Assessed Value
2020 $661,957 $264,028 $925,985

Home Value Compared to the Market

This property vs the competition

4327 Don Tomaso Dr sold on June 22, 2021 for 7.14% higher 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 $248.24 per/sqft which puts the price per square foot 65.71% lower than the current median sale per square foot for the city of Los Angeles.

About 4327 Don Tomaso Dr

Detailed summary of property

4327 Don Tomaso Dr is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 4,834 living square feet, and sits on an approximately 9,475 square foot lot. 4327 Don Tomaso Dr was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,125,000. 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 7.14% higher than the current median priced home. Local homes that are currently for sale include 3616 W 61st St, 4136 Leimert Blvd and 2806 W 43rd Pl. While the average home in Los Angeles, CA is selling in 106 days, 4327 Don Tomaso Dr has a days on market of 17 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4327 Don Tomaso Dr Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4327 Don Tomaso Dr

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
4,834
Lot Size
9,475
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5026-015-008

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
46
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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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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