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4400 W Washington Blvd, Los Angeles, CA 90016
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4400 W Washington Blvd Los Angeles, CA 90016

$2,520,000
  • 16 Beds
  • 7 Baths
  • 5,624 Sq.Ft.
For Sale
$2,520,000 Get Pre-Qualified
Map preview of 4400 W Washington Blvd, Los Angeles, CA 90016

Property Overview: 4400 W Washington Blvd Los Angeles, CA has 16 bedrooms, 7 bathrooms, 5,624 living square feet and 10,359 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: We are pleased to present this 5-unit offering in Wellington Square, a historic and great community on the corner of Virginia Road and Washington Blvd. The property has an excellent unit mix consisting of (2) 4 Bed/2 Bath, (2) 3 Bed/1 1/2 Bath, and (1) 2 Bed/1 Bath. The downstairs 4 bedroom is vacant and ready to move in condition. All units have wall A/C and central heating. The subject property sits on a 10,359-square-foot corner lot zoned LAR3 and built in 1983, with individual electric, gas meters, and water heaters. The building is well-maintained and features on-site laundry, 10 parking spaces, and 3 covered spaces. There is NO soft-story parking required. This is an excellent value-add opportunity for an investor.

Listed by Andrew Cha | BRE #01327638 | Andrew Cha
Last checked: 13 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 102
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Home details

Lot Sq. Ft
10,359
HOA Dues
$0/mo
Year built
1983
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24350193
City
Los Angeles
County
Los Angeles
Time on Site
103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,420
  • Total Rent: $2,420
  • Pro Forma/Market Rent: $2,420
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.94
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4400 W Washington Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 5
  • Parcel Number: 5061005025
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Crenshaw, East of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 4400 W Washington Blvd

Last sold for $1,500,000 on October 7th, 2016

  • May, 2024

  • May 3, 2024

    Date

    Canceled

    CRMLS: 24368735

    $3,600

    Price

  • Mar 14, 2024

    Date

    Active

    CRMLS: 24368735

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    There is a spacious and bright four-bedroom, two-bathroom downstairs unit with two gated parking spaces in Mid City. The AC and Heating are new. The building is in a great location, close to the 10 Freeway, USC, Koreatown, and downtown LA. It is located in one of the most excellent neighboring Wellington Square communities.

  • January, 2024

  • Jan 22, 2024

    Date

    Active

    CRMLS: 24350193

    $2,600,000

    Price

  • September, 2023

  • Sep 20, 2023

    Date

    Expired

    CRMLS: 23262225

    $3,300

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: 23262225

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    There are spacious and bright three bedrooms, two bathrooms (1 1/2), and an upstairs unit in Mid City, with two gated parking spaces. New AC and Heating. Great location close to the ten freeway, USC, Koreatown, and Downtown LA. It is located in one of the most excellent neighboring areas, with many guest parking spots on the street all the time.

  • October, 2016

  • Oct 7, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • June, 2011

  • Jun 15, 2011

    Date

    Sold (Public Records)

    Public Records

    $512,505

    Price

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Tax History for 4400 W Washington Blvd

Assessed Value (2020): $1,591,811
Year Land Value Improved Value Assessed Value
2020 $955,087 $636,724 $1,591,811

Home Value Compared to the Market

This property vs the competition

4400 W Washington Blvd is listed 105.71% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $448.08 per/sqft which puts the price per square foot 42.11% lower than the median price per square foot for the city of Los Angeles.

About 4400 W Washington Blvd

Detailed summary of property

4400 W Washington Blvd is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 16 bedrooms, 7 bathrooms, roughly 5,624 living square feet, and sits on an approximately 10,359 square foot lot. 4400 W Washington Blvd was first listed on ArdentRealEstateGroup.com on January 22, 2024. The homeowner is currently asking $2,520,000 and was originally asking $2,600,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 105.71% higher than the median priced home. Local competing homes currently for sale include 1155 S Tremaine Ave, 1046 S Hudson Ave and 1250 5th Ave. While the average home in Los Angeles, CA is selling in 96 days, 4400 W Washington Blvd has a days on market of 102 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 4400 W Washington Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4400 W Washington Blvd

Public county record property details
Beds
10
Baths
5
Year built
1983
Sq. Ft.
5,624
Lot Size
10,356
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5061-005-025

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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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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