Search
4422 3Rd Ave, Los Angeles, CA 90043
Image 2 for 4422 3Rd Ave, Los Angeles, CA 90043
Image 3 for 4422 3Rd Ave, Los Angeles, CA 90043
View Photos

4422 3Rd Ave Los Angeles, CA 90043

$750,000
  • 2 Beds
  • 2 Baths
  • 1,836 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified
Map preview of 4422 3Rd Ave, Los Angeles, CA 90043

Property Overview: 4422 3Rd Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,836 living square feet and 6,509 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: Spanish style bungalow duplex, adjacent to the famous Leimert Park with ONE UNIT (Unit 4422) COMPLETELY VACANT AND REMODELED and currently used as an Air B and B!!!! Perfect opportunity to live in one unit, and collect rents from the second unit. The vacant unit (4422) is newly renovated with coved ceiling and an arched entryway. Improvements include luxury vinyl plank, new paint, upgraded plumbing, and electrical. The kitchen has been modernized with quartz counters, recessed lighting, soft close cabinets, and stainless steel appliances. The bedroom has an extended closet area along with the brand new bathroom that includes beautiful tile floors and a resort-like spacious glassed enclosed shower. Both units include in-unit laundry. Unit (4424) has a long-term, very reliable tenant. The possibilities are endless. The lot is large enough to possibly add second bedrooms. A 2-car garage (great for storage as well) is located in the backyard area with a long driveway. Rents shown are projected from Section 8 payment standards for 1 bedrooms. This is a solid investment! FYI, The property has been placed an auction through XOME. See the Agent Remarks.

Listed by Soraya Machado-Powell | BRE #01108855 | Vylla Home, Inc.
Last checked: 12 minutes ago | Last updated: June 26th, 2024 | Source CRMLS | DOM: 10
Get a $2,250 Cash Reward New

Buy this home with Ardent Real Estate Group and get $2,250 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,509
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24405045
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,407
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $9,600
  • Gross Operating Income: $38,484
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4422 3Rd Ave

No upcoming open houses

Schedule Tour

Property Details for 4422 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: One
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: 7
  • Has Parking
  • Parking Features: Driveway, Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5015036018
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of 48th Street, South of Vernon Ave, East of 4th Ave, and West of 2nd Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 4422 3Rd Ave

Last sold for $700,000 on May 9th, 2022

  • June, 2024

  • Jun 18, 2024

    Date

    Active

    CRMLS: 24405045

    $750,000

    Price

  • October, 2023

  • Oct 4, 2023

    Date

    Expired

    CRMLS: SB23116320

    $849,000

    Price

  • Jun 30, 2023

    Date

    Active

    CRMLS: SB23116320

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Proud to introduce this Spanish bungalow-style duplex on a palm tree-lined street with ONE UNIT COMPLETELY VACANT AND REMODELED!!!! Perfect opportunity to live in one unit all while collecting rental income on the second unit. 4422 is the vacant unit that is newly renovated with coved ceiling and arched entryway. Improvements include luxury vinyl plank, new paint, upgraded plumbing, and electrical. The kitchen has been modernized which features quartz counters, recessed lighting, soft close cabinets, and stainless steel appliances. The bedroom has an extended closet area along with the brand new bathroom that includes beautiful tile floors and a resort-like spacious glassed enclosed shower. Both units include in-unit laundry as well. The other unit (4424) consists of a long-term tenant that has been very reliable over the years. Both units are over 900 square feet and the possibilities are endless with even the potential of reformatting the units into 2 bedrooms. A 2-car garage (great for storage as well) is located in the backyard area with a long driveway. Adjacent to the famous Leimert Park area (literally a few blocks) and what makes it even more of a solid investment is because of the closeness to other desirable areas like Baldwin Hills, View Park, USC, West Adams, and Jefferson Park!

  • May, 2022

  • May 9, 2022

    Date

    Sold

    CRMLS: PTP2201604

    $700,000

    Price

  • Mar 11, 2022

    Date

    Active

    CRMLS: PTP2201604

    $715,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location!!! Beautiful palm trees line the street of this great investment opportunity. Spacious Spanish Style Duplex. Live in one side and rent the other. Interior has coved ceilings and arched entryway. The Extra Large 1 bedroom units are over 900 sq.ft. each. With some creativity??? Cute back yard with a 2 car detached garage. Close to lots of redevelopment. Easy access to the 10 and 110, as well as restaurants and shopping. Units have tons of original character. Units next door and across the street are being renovated. The long driveway provides extra off street parking.

Show More

Tax History for 4422 3Rd Ave

Assessed Value (2020): $186,438
Year Land Value Improved Value Assessed Value
2020 $89,745 $96,693 $186,438

Home Value Compared to the Market

This property vs the competition

4422 3Rd Ave is listed 39.95% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $408.5 per/sqft which puts the price per square foot 47.49% lower than the median price per square foot for the city of Los Angeles.

About 4422 3Rd Ave

Detailed summary of property

4422 3Rd Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,836 living square feet, and sits on an approximately 6,509 square foot lot. 4422 3Rd Ave was first listed on ArdentRealEstateGroup.com on June 19, 2024. The homeowner is currently asking $750,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 39.95% lower than the median priced home. Local competing homes currently for sale include 1632 W 52nd St, 3945 Denker Ave and 2317 Hyde Park Blvd. While the average home in Los Angeles, CA is selling in 98 days, 4422 3Rd Ave has a days on market of 10 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 4422 3Rd Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4422 3Rd Ave

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,836
Lot Size
6,507
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5015-036-018

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$1,155,000
Median Sold Price/Sq.Ft.
$718
Total Inventory
98
Median Sale to List Price %
101.76%
Avg Days on Market
19
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (5.56%), Other (11.11%)

Tour This Home

Buy with Ardent Real Estate Group and save $2,250.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $2,250 Cash Reward New

Buy this home with Ardent Real Estate Group and get $2,250 back.

Call/Text (714) 706-1823

Homes for Sale Near 4422 3Rd Ave

Nearby Homes for Sale

1977 W 48th St, Los Angeles, CA 90062
$600,000
0 Beds
0 Baths
707 Sq.Ft.
1977 W 48th St
Los Angeles, CA 90062
5175 S Van Ness Ave, Los Angeles, CA 90062
$725,000
2 Beds
2 Baths
1564 Sq.Ft.
5175 S Van Ness Ave
Los Angeles, CA 90062
1823 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
$850,000
4 Beds
4 Baths
2358 Sq.Ft.
1823 W Martin Luther King Jr Blvd
Los Angeles, CA 90062
5472 6th Ave, Los Angeles, CA 90043
$799,000
5 Beds
3 Baths
1956 Sq.Ft.
5472 6th Ave
Los Angeles, CA 90043
5166 S Manhattan Pl, Los Angeles, CA 90062
$739,000
2 Beds
2 Baths
1456 Sq.Ft.
5166 S Manhattan Pl
Los Angeles, CA 90062
5419 S St Andrews Pl, Los Angeles, CA 90062
$889,000
3 Beds
3 Baths
1970 Sq.Ft.
5419 S St Andrews Pl
Los Angeles, CA 90062
1622 W 50th St, Los Angeles, CA 90062
$800,000
24 Beds
12 Baths
2008 Sq.Ft.
1622 W 50th St
Los Angeles, CA 90062
5739 S St. Andrews Pl, Los Angeles, CA 90062
$750,000
4 Beds
2 Baths
2082 Sq.Ft.
5739 S St. Andrews Pl
Los Angeles, CA 90062

Recently Sold Homes Near 4422 3Rd Ave

4428 3Rd Ave, Los Angeles, CA 90043
$845,000 Last Sold Price
3 Beds
1 Baths
-- Sq.Ft.
4428 3Rd Ave
Los Angeles, CA 90043
4416 3rd Ave, Los Angeles, CA 90043
$915,000 Last Sold Price
3 Beds
3 Baths
1744 Sq.Ft.
4416 3rd Ave
Los Angeles, CA 90043
4411 3rd Ave, Los Angeles, CA 90043
$750,000 Last Sold Price
6 Beds
2 Baths
2267 Sq.Ft.
4411 3rd Ave
Los Angeles, CA 90043
4605 3rd Ave, Los Angeles, CA 90043
$700,000 Last Sold Price
3 Beds
2 Baths
1395 Sq.Ft.
4605 3rd Ave
Los Angeles, CA 90043

Related Resources to 4422 3Rd Ave

New Listings in 90043
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call