4419 Burns Ave, Los Angeles, CA 90029
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4419 Burns Ave Los Angeles, CA 90029

$1,195,000 Sold Price as of 04/10/2024
  • 5 Beds
  • 5 Baths
  • 4,698 Sq.Ft.
Sold
$1,195,000 Sold Price as of 04/10/2024 Refinance Your Mortgage

Map preview of 4419 Burns Ave, Los Angeles, CA 90029

Property Overview: 4419 Burns Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 4,698 living square feet and 9,592 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Classic 1921 Spanish Fourplex with detached house in the heart of vibrant Virgil Village, blocks from Sunset Junction. Well-maintained spacious 1 bedroom units with hardwood floors, character and charm on a huge 9,592 sq ft lot with major potential for ADU(s). Major upside - fantastic opportunity for Investors in this prime rental area. Fourplex has copper plumbing and laundry hookups inside each unit. Separately metered for gas and electric. Large common area w/benches and new designer pavers, bonus storage closets and gated parking for each unit. 1 bed/1 bath cottage in the back with hardwood floors, copper plumbing, large living room, full kitchen, laundry room and side yard. Down the street from the metro and charming shops and cafes such as Courage Bagels, Sqirl and more.

Listed by Grant Linscott | BRE #01715002 | Keller Williams Realty Los Feliz
Last checked: 10 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
9,592
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24352939
City
Los Angeles
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,242
  • Total Rent: $1,242
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,061
  • Total Rent: $1,061
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,047
  • Total Rent: $1,047
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.2
  • Gross Scheduled Income: --
  • Net Operating Income: $46,392
  • Gross Operating Income: $72,348
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4419 Burns Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills
  • Total # of Units: 5
  • Parcel Number: 5539009018
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: ** USE GOOGLE MAPS **
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Sale History for 4419 Burns Ave

Last sold for $1,195,000 on April 10th, 2024
  • April, 2024

  • Apr 10, 2024

    Date

    Sold

    CRMLS: 24352939

    $1,195,000

    Price

  • Jan 31, 2024

    Date

    Active

    CRMLS: 24352939

    $1,395,000

    Price

  • July, 2013

  • Jul 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

  • September, 2011

  • Sep 8, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4419 Burns Ave

Assessed Value (2020): $879,899
Year Land Value Improved Value Assessed Value
2020 $616,491 $263,408 $879,899

Home Value Compared to the Market

This property vs the competition

4419 Burns Ave sold on April 10, 2024 for 9.16% 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 $276.5 per/sqft which puts the price per square foot 63.38% lower than the current median sale per square foot for the city of Los Angeles.

About 4419 Burns Ave

Detailed summary of property

4419 Burns Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 4,698 living square feet, and sits on an approximately 9,592 square foot lot. 4419 Burns Ave was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner sold the property for $1,195,000. 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 9.16% higher than the current median priced home. Local homes that are currently for sale include 508 N Kingsley Dr, 342 N Dillon St and 4101 Clayton Ave. While the average home in Los Angeles, CA is selling in 94 days, 4419 Burns Ave has a days on market of 32 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 4419 Burns Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4419 Burns Ave

Public county record property details
Beds
5
Baths
5
Year built
1921
Sq. Ft.
4,698
Lot Size
9,589
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
188
APN
5539-009-018

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 4419 Burns 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.