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4409 Tourmaline St, Los Angeles, CA 90032
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4409 Tourmaline St Los Angeles, CA 90032

$715,000 Sold Price as of 05/18/2019
  • 4 Beds
  • 2 Baths
  • 1,564 Sq.Ft.
Sold
$715,000 Sold Price as of 05/18/2019 Refinance Your Mortgage
Map preview of 4409 Tourmaline St, Los Angeles, CA 90032

Property Overview: 4409 Tourmaline St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,564 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come see this dream scenario duplex: a great income opportunity with both units delivered vacant. The front unit has been recently renovated with new appliances included, and is move in ready or can be rented out at market rate. The rear unit with private backyard is a blank canvas recently updated with a fresh coat of paint in living room and kitchen, and ready for a remodel to add-value and add your own personal touch to the property. Blueprints for the remodel of the second unit have been drafted and are available at buyer's request. Located in the vibrant Northeast Los Angeles Montecito Heights neighborhood, just minutes from hip Highland Park, South Pasadena, the renowned USC Keck School of Medicine, Cal State L.A., Forever 21 Corporate HQ, and just North of the Arts District, Chinatown, and DTLA. Situated on a palm tree lined hillside on a quiet cul-de-sac street, this Tourmaline duplex has charm.

Listed by Adam Peterson | BRE #01815802 | CB Richard Ellis, Inc.
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1967
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
19445538
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $31,370
  • Gross Operating Income: $52,800
  • Improvements Total: $122,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4409 Tourmaline St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), See Remarks
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage Door Opener, Driveway, Garage - Three Door, Garage
Lot Information
  • Lot Features: Cul-De-Sac
Property Information
  • Has View
  • View: Canyon, Hills
  • Total # of Units: 2
  • Parcel Number: 5305040007
  • Property Condition: Building Permit, Additions/Alterations
Location / Neighborhood
Location Information
  • Directions: Exit 10 Fwy East at N Soto St. Turn left from Huntington Dr. onto Tourmaline St.
View more facts & features

Local Los Angeles Agent

Sale History for 4409 Tourmaline St

Last sold for $715,000 on May 18th, 2019

  • May, 2019

  • May 20, 2019

    Date

    Sold

    CRMLS: 19445538

    $715,000

    Price

  • Apr 12, 2019

    Date

    Active Under Contract

    CRMLS: 19445538

    $715,000

    Price

  • Mar 23, 2019

    Date

    Active

    CRMLS: 19445538

    $715,000

    Price

  • May, 2019

  • May 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • April, 2018

  • Apr 5, 2018

    Date

    Sold

    CRMLS: IG18000583

    $583,000

    Price

  • Feb 15, 2018

    Date

    Pending

    CRMLS: IG18000583

    $599,000

    Price

  • Feb 5, 2018

    Date

    Price Change

    CRMLS: IG18000583

    $599,000

    Price

  • Jan 9, 2018

    Date

    Active

    CRMLS: IG18000583

    $610,000

    Price

  • Listing provided courtesy of CRMLS

    2 units in great area! One unit (2bed/1bath) has been tastefully remodeled and ready for move in or tenancy. New floors, paint, kitchen cabinets, light fixtures and so much more is all brand new. One unit comes with 2 car garage the other has attached 1 car garage. Come take a look at this one!

  • April, 2018

  • Apr 4, 2018

    Date

    Sold (Public Records)

    Public Records

    $583,000

    Price

Show More

Tax History for 4409 Tourmaline St

Assessed Value (2020): $729,300
Year Land Value Improved Value Assessed Value
2020 $510,000 $219,300 $729,300

Home Value Compared to the Market

This property vs the competition

4409 Tourmaline St sold on May 18, 2019 for 39.92% lower 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 $457.16 per/sqft which puts the price per square foot 39.45% lower than the current median sale per square foot for the city of Los Angeles.

About 4409 Tourmaline St

Detailed summary of property

4409 Tourmaline St is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,564 living square feet, and sits on an approximately 5,999 square foot lot. 4409 Tourmaline St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $715,000. 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 39.92% lower than the current median priced home. Local homes that are currently for sale include 2809 Folsom St, 459 Forest Ave and 2103 Michigan Ave. While the average home in Los Angeles, CA is selling in 92 days, 4409 Tourmaline St has a days on market of 21 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4409 Tourmaline St Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4409 Tourmaline St

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
1,564
Lot Size
5,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5305-040-007

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$858,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
68
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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