4343 Clarissa Ave, Los Angeles, CA 90027
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4343 Clarissa Ave Los Angeles, CA 90027

$3,350,000 Sold Price as of 06/23/2022
  • 4 Beds
  • 6 Baths
  • 4,660 Sq.Ft.
Sold
$3,350,000 Sold Price as of 06/23/2022 Refinance Your Mortgage

Map preview of 4343 Clarissa Ave, Los Angeles, CA 90027

Property Overview: 4343 Clarissa Ave Los Angeles, CA has 4 bedrooms, 6 bathrooms, 4,660 living square feet and 5,547 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare modern industrial duplex in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical newer construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Front unit has accordion doors, multiple terraces and views of the city skyline. Rear unit has a large, private and hedged patio. Two original pieces of work by renowned graffiti artist Defer have been implemented into the design, one as part of the front exterior facade and the second as an accent wall in the front unit's dining area. Condo plan has also been recorded for the property, allowing an owner to separate the units. Front unit (4343) will be vacant on June 1st, providing an additional opportunity to live in one unit while collecting $7,000/month in rental income from the rear unit (4345). All utilities are individually metered. Four-car garage is shared, providing two covered tandem spaces for each unit, plus one driveway space. Front unit has direct access from the garage. This is an incredibly rare investment opportunity that's not to be missed.

Listed by Corey Nelson | BRE #01462372 | Sotheby's International Realty
Last checked: 4 minutes ago | Last updated: August 8th, 2023 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
5,547
HOA Dues
$0/mo
Year built
2019
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22151125
City
Los Angeles
County
Los Angeles
Time on Site
750 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $7,000
  • Total Rent: $7,000
  • Pro Forma/Market Rent: $7,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $7,750
  • Total Rent: $7,750
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.36
  • Gross Scheduled Income: --
  • Net Operating Income: $133,164
  • Gross Operating Income: $177,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $41,875
  • Gardener: $1,920
  • Insurance: $2,927

Property Details for 4343 Clarissa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5591014024
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Franklin, South of Los Feliz Blvd, East of Hillhurst
View more facts & features

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Sale History for 4343 Clarissa Ave

Last leased for $7,995 on August 7th, 2023
  • August, 2023

  • Aug 7, 2023

    Date

    Leased

    CRMLS: 23277419

    $7,995

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: 23277419

    $7,995

    Price

  • Listing provided courtesy of CRMLS

    Rare and unique modern industrial townhome in a small two unit building in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical new construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Two generous master suites are located on the upper and lower floors and are ideally separated by the expansive main living area. Front facing unit has accordion doors, multiple terraces and views of the city skyline.

  • July, 2022

  • Jul 9, 2022

    Date

    Leased

    CRMLS: 22169155

    $7,995

    Price

  • Jun 17, 2022

    Date

    Active

    CRMLS: 22169155

    $7,995

    Price

  • Listing provided courtesy of CRMLS

    Rare and unique modern industrial townhome in a small two unit building in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical new construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Two generous master suites are located on the upper and lower floors and are ideally separated by the expansive main living area. Front facing unit has accordion doors, multiple terraces and views of the city skyline.

  • June, 2022

  • Jun 23, 2022

    Date

    Sold

    CRMLS: 22151125

    $3,350,000

    Price

  • Apr 28, 2022

    Date

    Active

    CRMLS: 22151125

    $3,350,000

    Price

  • December, 2019

  • Dec 1, 2019

    Date

    Expired

    CRMLS: 19484738

    $3,250,000

    Price

  • Nov 29, 2019

    Date

    Withdrawn

    CRMLS: 19484738

    $3,250,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: 19484738

    $3,250,000

    Price

  • Listing provided courtesy of CRMLS

    Both units just leased! Condo plan also established, allowing the next owner to sell the units separately, if so desired. Rare modern industrial duplex in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical new construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Front unit has accordion doors, multiple terraces and views of the city skyline. Rear unit has a large, private and hedged patio. A rare investment opportunity that's not to be missed.

  • September, 2019

  • Sep 8, 2019

    Date

    Expired

    CRMLS: 19475268

    $1,795,000

    Price

  • Jul 12, 2019

    Date

    Withdrawn

    CRMLS: 19475268

    $1,795,000

    Price

  • Jul 12, 2019

    Date

    Hold

    CRMLS: 19475268

    $1,795,000

    Price

  • Jul 1, 2019

    Date

    Active

    CRMLS: 19475268

    $1,795,000

    Price

  • Jul 1, 2019

    Date

    Active Under Contract

    CRMLS: 19475268

    $1,795,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: 19475268

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

    Rare and unique modern industrial townhome in a small two unit building in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical new construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Two generous master suites are located on the upper and lower floors and are ideally separated by the expansive main living area. Front facing unit has accordion doors, multiple terraces and views of the city skyline.

  • July, 2019

  • Jul 8, 2019

    Date

    Leased

    CRMLS: 19481040

    $7,750

    Price

  • Jun 22, 2019

    Date

    Active

    CRMLS: 19481040

    $7,995

    Price

  • Listing provided courtesy of CRMLS

    Rare and unique modern industrial townhome in a small two unit building in the heart of Los Feliz, just a short distance from all the shops, dining and entertainment on Hillhurst Ave. This is not your typical new construction project and will satisfy the needs of the most discerning clientele. Exceptional thought and creativity went into every square inch of these incredible spaces. Soaring ceilings, exposed ducting, piping and steel beams, antique brick veneer accents, concrete and distressed wood flooring, matte black and aged brass fixtures and Carrara marble counters blend seamlessly together to create designer showplaces unlike anything else available on the market today. Two generous master suites are located on the upper and lower floors and are ideally separated by the expansive main living area. Front facing unit has accordion doors, multiple terraces and views of the city skyline.

  • June, 2019

  • Jun 7, 2019

    Date

    Canceled

    CRMLS: 19462556

    $1,795,000

    Price

  • May 6, 2019

    Date

    Active

    CRMLS: 19462556

    $1,795,000

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW CONSTRUCTION! MODERN INDUSTRIAL, FRONT FACING TOWNHOME W/ GORGEOUS VIEWS OF DOWNTOWN, LOCATED IN PRIME LOS FELIZ (NORTH OF FRANKLIN). WALKING DISTANCE TO ALL. OPEN FLOOR PLAN WITH GREAT ROOM ON MIDDLE FLOOR, PERFECT FOR ENTERTAINING, SURROUNDED BY BIFOLD DOORS THAT BRING THE OUTDOORS IN...THE MIDDLE FLOOR LIVING AREA IS SANDWICHED BETWEEN TWO MASTER SUITES (ONE OF TOP FLOOR AND ONE ON GROUND FLOOR). EACH MASTER SUITE EQUIPPED WITH IMPRESSIVE OVERSIZED SHOWER/BATHROOM AND OUTDOOR SPACE. THE FINISHES THROUGHOUT THE UNIT CONSIST OF ANTIQUE LIGHTS/EXPOSED STEEL BEAMS/EXPOSED PLUMBING PIPES AND EXPOSED HVAC DUCTS, WHICH GIVE THE UNIT AN INDUSTRIAL FEEL. THE USE OF CARRARA MARBLE, ANTIQUE BRICK VENEER AND AGED/RAW WOOD PROVIDE WARMTH AND BALANCE TO THE UNIT. PROPERTY WIRED FOR CONTROL IV (SMART HOME). THIS PROPERTY IS TRULY UNIQUE. SATISFY YOUR FUSSIEST BUYERS LOOKING FOR SOMETHING SPECIAL THAT NO ONE ELSE HAS! (click on property website to see more pics)

  • June, 2004

  • Jun 23, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2003

  • Sep 26, 2003

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 4343 Clarissa Ave

Assessed Value (2020): $579,229
Year Land Value Improved Value Assessed Value
2020 $260,008 $319,221 $579,229

Home Value Compared to the Market

This property vs the competition

4343 Clarissa Ave sold on June 23, 2022 for 181.51% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $718.88 per/sqft which puts the price per square foot 4.78% lower than the current median sale per square foot for the city of Los Angeles.

About 4343 Clarissa Ave

Detailed summary of property

4343 Clarissa Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 4,660 living square feet, and sits on an approximately 5,547 square foot lot. 4343 Clarissa Ave was first listed on ArdentRealEstateGroup.com on April 28, 2022. The homeowner sold the property for $3,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 181.51% higher than the current median priced home. Local homes that are currently for sale include 811 Kodak Dr, 933 N Mariposa Ave and 1802 N Western Ave. While the average home in Los Angeles, CA is selling in 94 days, 4343 Clarissa Ave has a days on market of 46 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4343 Clarissa Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4343 Clarissa Ave

Public county record property details
Beds
2
Baths
3
Year built
2018
Sq. Ft.
2,370
Lot Size
5,546
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5591-014-024

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,370,000
Median List Price/Sq.Ft.
$921
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
83
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Related Resources to 4343 Clarissa Ave

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.