4442 Turquoise St, Los Angeles, CA 90032
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4442 Turquoise St Los Angeles, CA 90032

$2,700,000 Sold Price as of 03/28/2024
  • 16 Beds
  • 14 Baths
  • 7,112 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/28/2024 Refinance Your Mortgage

Map preview of 4442 Turquoise St, Los Angeles, CA 90032

Property Overview: 4442 Turquoise St Los Angeles, CA has 16 bedrooms, 14 bathrooms, 7,112 living square feet and 7,049 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles.

Listed by John Kim | BRE #01744170 | Keller Williams SELA
Last checked: 15 minutes ago | Last updated: March 28th, 2024 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
7,049
HOA Dues
$0/mo
Year built
2023
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
DW23195475
City
Los Angeles
County
Los Angeles
Time on Site
208 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: $228,000
  • Net Operating Income: $175,613
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $40,987
  • New Taxes: $36,187
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,600

Property Details for 4442 Turquoise St

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Attached Carport
Lot Information
  • Lot Features: Lot 6500-9999, Sprinklers Drip System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5305043003
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Huntington Drive
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 4442 Turquoise St

Last sold for $2,700,000 on March 28th, 2024
  • March, 2024

  • Mar 28, 2024

    Date

    Sold

    CRMLS: DW23195475

    $2,700,000

    Price

  • Oct 24, 2023

    Date

    Active

    CRMLS: DW23195475

    $2,895,000

    Price

  • January, 2001

  • Jan 16, 2001

    Date

    Sold (Public Records)

    Public Records

    $193,500

    Price

  • January, 2001

  • Jan 16, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4442 Turquoise St

Assessed Value (2020): $343,799
Year Land Value Improved Value Assessed Value
2020 $229,661 $114,138 $343,799

Home Value Compared to the Market

This property vs the competition

4442 Turquoise St sold on March 28, 2024 for 131.09% 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 $386.67 per/sqft which puts the price per square foot 48.79% lower than the current median sale per square foot for the city of Los Angeles.

About 4442 Turquoise St

Detailed summary of property

4442 Turquoise St is a duplex that recently sold in Los Angeles, CA 90032. This duplex offered 16 bedrooms, 14 bathrooms, roughly 7,112 living square feet, and sits on an approximately 7,049 square foot lot. 4442 Turquoise St was first listed on ArdentRealEstateGroup.com on October 24, 2023. The homeowner sold the property for $2,700,000. 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 131.09% higher than the current median priced home. Local homes that are currently for sale include 907 Glendale Blvd, 1402 Allesandro St and 2342 Cove Ave. While the average home in Los Angeles, CA is selling in 92 days, 4442 Turquoise St has a days on market of 101 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 4442 Turquoise 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 4442 Turquoise St

Public county record property details
Beds
3
Baths
2
Year built
1919
Sq. Ft.
1,506
Lot Size
7,049
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5305-043-003

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%)

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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.