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4422 Wesley Ave, Los Angeles, CA 90037
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4422 Wesley Ave Los Angeles, CA 90037

$625,000 Sold Price as of 12/18/2019
  • 4 Beds
  • 4 Baths
  • 3,736 Sq.Ft.
Sold
$625,000 Sold Price as of 12/18/2019 Refinance Your Mortgage
Map preview of 4422 Wesley Ave, Los Angeles, CA 90037

Property Overview: 4422 Wesley Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,736 living square feet and 3,765 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price Reduced! Outstanding investment opportunity. 4-PLEX building near LA Memorial Coliseum and the USC corridor. Four large one bedroom units, each is over 900 sqft. All units have separate kitchen, dining and living areas These large units give an investor the opportunity to recreate floorplans. Over $90K invested to update and improve entire building. Kitchens and bathrooms have been updated and repaired. There is new flooring, doors and windows. New railing around balconies and porch. The porch entry was completely refinished. Staircase in rear remodeled and repaired. New wrought iron fence installed around the perimeter of the property. Entire building tastefully and professionally painted. One unit has washer/dryer hookups, however not in use. Walking distance to the LA Coliseum, the new LAFC Stadium and USC. Close to DTLA, public transportation, freeways, restaurants and stores. Priced to sell, Do not miss this opportunity. Please do not disturb tenants.

Listed by Mark Fong | BRE #00996949 | Golden Mountain Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 164

Home details

Lot Sq. Ft
3,765
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
AR19032518
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $36,728
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,672
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,000
  • Trash: $0
  • Insurance: $1,300
  • Water/Sewer: $2,652

Property Details for 4422 Wesley Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Level, Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5018001009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Vernon Ave West of Hoover Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 4422 Wesley Ave

Last sold for $625,000 on December 18th, 2019

  • December, 2019

  • Dec 18, 2019

    Date

    Sold

    CRMLS: AR19032518

    $625,000

    Price

  • Oct 26, 2019

    Date

    Pending

    CRMLS: AR19032518

    $725,000

    Price

  • Jul 28, 2019

    Date

    Hold

    CRMLS: AR19032518

    $725,000

    Price

  • Jul 28, 2019

    Date

    Active

    CRMLS: AR19032518

    $725,000

    Price

  • Jul 27, 2019

    Date

    Hold

    CRMLS: AR19032518

    $725,000

    Price

  • Jun 26, 2019

    Date

    Price Change

    CRMLS: AR19032518

    $725,000

    Price

  • Apr 10, 2019

    Date

    Price Change

    CRMLS: AR19032518

    $750,000

    Price

  • Feb 13, 2019

    Date

    Active

    CRMLS: AR19032518

    $775,000

    Price

  • December, 2019

  • Dec 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

Show More

Tax History for 4422 Wesley Ave

Assessed Value (2020): $625,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $125,000 $625,000

Home Value Compared to the Market

This property vs the competition

4422 Wesley Ave sold on December 18, 2019 for 39.08% 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 $194.06 per/sqft which puts the price per square foot 74.3% lower than the current median sale per square foot for the city of Los Angeles.

About 4422 Wesley Ave

Detailed summary of property

4422 Wesley Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,736 living square feet, and sits on an approximately 3,765 square foot lot. 4422 Wesley Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $625,000. 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 39.08% lower than the current median priced home. Local homes that are currently for sale include 1020 W 61St St, 3721 Wall St and 1532 W 58th St. While the average home in Los Angeles, CA is selling in 92 days, 4422 Wesley Ave has a days on market of 164 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 4422 Wesley 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 4422 Wesley Ave

Public county record property details
Beds
8
Baths
4
Year built
1920
Sq. Ft.
3,736
Lot Size
3,764
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
59
APN
5018-001-009

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.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 4422 Wesley Ave

4502 Wesley Ave, Los Angeles, CA 90037
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8 Baths
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4502 Wesley Ave
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863 W Vernon Ave, Los Angeles, CA 90037
$850,000 Last Sold Price
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824 W 43rd Pl, Los Angeles, CA 90037
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4504 S Hoover St, Los Angeles, CA 90037
$1,950,000 Last Sold Price
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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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