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4350 S Kansas Ave, Los Angeles, CA 90037
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4350 S Kansas Ave Los Angeles, CA 90037

$1,035,000 Sold Price as of 06/02/2022
  • 5 Beds
  • 4 Baths
  • 2,658 Sq.Ft.
Sold
$1,035,000 Sold Price as of 06/02/2022 Refinance Your Mortgage
Map preview of 4350 S Kansas Ave, Los Angeles, CA 90037

Property Overview: 4350 S Kansas Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,658 living square feet and 7,252 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 4 unit property on a large 7,252 Sq. Ft. corner lot zoned R3 is a perfect opportunity for Investors or Owner Occupied. Newly remodeled 2 Bedroom/1 Bath Unit will be delivered Vacant. Located in South LA, a few blocks from USC, in an area of rapidly gentrification. This large 2,658 square foot 4plex was built in 1940, and has a unit mix consisting of (1) 2 bed / 1 bath unit and (3) 1 bed / 1 bath units. Three our of the Four units have new flooring, painting, and kitchen. The building also has 2 single car garages and 1 double car garage. The double car garage is currently vacant and assessable for ADU conversion. Property can be purchased with FHA loan.

Listed by Evelyn Baez Gonzalez | BRE #02103055 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Olga Wright | BRE #01315042 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 5 minutes ago | Last updated: June 2nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,252
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB22076626
City
Los Angeles
County
Los Angeles
Time on Site
802 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.34%
  • Gross Rent Multiplier: 15.82
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $44,516
  • Gross Operating Income: $63,216
  • Vacancy Allowance: $1,584
Annual Expense Breakdown
  • Total Operating Expense: $18,700
  • New Taxes: $11,900
  • Trash: $0
  • Insurance: $1,300
  • Maintenance: $2,300
  • Water/Sewer: $3,200

Property Details for 4350 S Kansas Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: None
  • Has Fence
  • Barbed Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5020025011
  • Year Built Source: Assessor
  • Foundation Details: Concrete Perimeter
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: N W Vernon Ave / S Kansas Ave (Corner)
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4350 S Kansas Ave

Last sold for $1,035,000 on June 2nd, 2022

  • June, 2022

  • Jun 2, 2022

    Date

    Sold

    CRMLS: SB22076626

    $1,035,000

    Price

  • Apr 15, 2022

    Date

    Active

    CRMLS: SB22076626

    $1,025,000

    Price

  • May, 2002

  • May 6, 2002

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

  • September, 2001

  • Sep 6, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4350 S Kansas Ave

Assessed Value (2020): $394,628
Year Land Value Improved Value Assessed Value
2020 $264,856 $129,772 $394,628

Home Value Compared to the Market

This property vs the competition

4350 S Kansas Ave sold on June 2, 2022 for 9.29% 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 $385.63 per/sqft which puts the price per square foot 48.86% lower than the current median sale per square foot for the city of Los Angeles.

About 4350 S Kansas Ave

Detailed summary of property

4350 S Kansas Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,658 living square feet, and sits on an approximately 7,252 square foot lot. 4350 S Kansas Ave was first listed on ArdentRealEstateGroup.com on April 15, 2022. The homeowner sold the property for $1,035,000. 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 9.29% lower than the current median priced home. Local homes that are currently for sale include 5302 S Manhattan Pl, 1823 W Martin Luther King Jr Blvd and 822 W 60th St. While the average home in Los Angeles, CA is selling in 98 days, 4350 S Kansas Ave has a days on market of 4 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 4350 S Kansas Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4350 S Kansas Ave

Public county record property details
Beds
5
Baths
4
Year built
1940
Sq. Ft.
2,658
Lot Size
7,252
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5020-025-011

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$491
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$543
Total Inventory
29
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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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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