4444 Prospect Ave, Los Angeles, CA 90027
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4444 Prospect Ave Los Angeles, CA 90027

$1,449,999
  • 5 Beds
  • 3 Baths
  • 2,080 Sq.Ft.
For Sale
$1,449,999 Get Pre-Qualified

Map preview of 4444 Prospect Ave, Los Angeles, CA 90027

Property Overview: 4444 Prospect Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,080 living square feet and 6,752 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: VERY RARE: TWO UPSTAIRS-DOWNSTAIRS TOWN-HOUSES IN FRONT - EACH TOWN-HOUSE INCLUDES AN ENTERTAINMENT BALCONY WITH TREE-TOP VIEWS, PLUS A PRIVATE HOME IN BACK - WITH LOTS OF PARKING! Contemporary style Triplex with a Georgian flare. A true walkers paradise! This property is in an ideal location; Walking distance to both, Hillhurst and Vermont Ave., where most of the neighborhood restaurants, coffee shops, vintage botiques, banks, markets, bookstores, and entertainment are situated. Attractions such as Griffith Park, Griffith Observatory, the Greek Theatre, Tennis Courts, Golf Courses, and so much more, are all within a short 5-10 minute drive. All Tenants are month-to-month. The property has a large parking area and potential to Add ADU's! Please do not disturb tenants. Showings with an Accepted Offer: Offer Subject to Inspection.

Listed by Bruce Jay | BRE #00559166 | Bruce Jay Associates
Last checked: 5 minutes ago | Last updated: September 7th, 2024 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
6,752
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24431467
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,912
  • Total Rent: $2,912
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,518
  • Total Rent: $1,518
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,534
  • Total Rent: $1,534
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $51,568
  • Gross Operating Income: $71,568
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4444 Prospect Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Window Features: Custom Covering
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Gravel, Gated
Lot Information
  • Lot Features: Back Yard
Property Information
  • Has View
  • Total # of Units: 3
  • Parcel Number: 5542004042
  • Architectural Style: Contemporary
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: See Google Maps...Just East of Hillhurst Ave. Walking Distance to Restaurants/Markets/Shops/Banks/Cleaners/and so much more!
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Sale History for 4444 Prospect Ave

Last sold for $640,000 on March 8th, 2010
  • August, 2024

  • Aug 30, 2024

    Date

    Active

    CRMLS: 24431467

    $1,449,999

    Price

  • March, 2010

  • Mar 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

  • November, 2006

  • Nov 3, 2006

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

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Tax History for 4444 Prospect Ave

Assessed Value (2020): $755,380
Year Land Value Improved Value Assessed Value
2020 $528,769 $226,611 $755,380

Home Value Compared to the Market

This property vs the competition

4444 Prospect Ave is listed 20.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $697.11 per/sqft which puts the price per square foot 9.23% lower than the median price per square foot for the city of Los Angeles.

About 4444 Prospect Ave

Detailed summary of property

4444 Prospect Ave is a multi family located in Los Angeles, CA 90027 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 2,080 living square feet, and sits on an approximately 6,752 square foot lot. 4444 Prospect Ave was first listed on ArdentRealEstateGroup.com on August 30, 2024. The homeowner is currently asking $1,449,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% higher than the median priced home. Local competing homes currently for sale include 1116 N Madison Ave, 1726 N Alexandria Ave and 1417 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 4444 Prospect Ave has a days on market of 19 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4444 Prospect Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4444 Prospect Ave

Public county record property details
Beds
3
Baths
3
Year built
1912
Sq. Ft.
2,080
Lot Size
6,750
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5542-004-042

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Related Resources to 4444 Prospect 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.