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4500 W 16th Pl, Los Angeles, CA 90019
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4500 W 16th Pl Los Angeles, CA 90019

$1,385,000 Sold Price as of 07/22/2019
  • 6 Beds
  • 6 Baths
  • 2,855 Sq.Ft.
Sold
$1,385,000 Sold Price as of 07/22/2019 Refinance Your Mortgage
Map preview of 4500 W 16th Pl, Los Angeles, CA 90019

Property Overview: 4500 W 16th Pl Los Angeles, CA has 6 bedrooms, 6 bathrooms, 2,855 living square feet and 7,009 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Bring all offers on this fully renovated and spacious duplex! Great opportunity for owner-user or investor. Each unit is 3 bedrooms and 2.5 baths, each generating proforma rent of $4250/mo (Average). Features include New A/C units, recessed lights throughout, pleasing color scheme and plenty of unique details. The kitchens and bathrooms boast designer tiles. Stylish Quartz countertops rest on custom made cabinets. Other features include a farmhouse sink, fireplace, new solid wood doors, and 6 parking spaces. Each unit has a separate, private backyard - great for entertaining. New fencing throughout and lush front yard! Washer dryer hookups in both units, New double pane windows, New water heater and more! Great for both owner user or investor to get above cap 5. Each unit has its own address. Buyers and buyers agent to satisfy themselves with the City, County agencies in regards to room counts, square footage, permits, and other pertaining information. The property offers lots of natural light and open floor plan. The property is sitting on a large, 7k+ lot RD1.5.

Listed by JULIO RUIZ | BRE #01911261 | GLOBAL PLATINUM PROPERTIES
Co-listed by Armin Soleimani | BRE #01846872 | Global Major Properties
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
7,009
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
MB19149309
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $100,200
  • Net Operating Income: $74,462
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,738
  • Electric: $600
  • Gas/Fuel: $550
  • New Taxes: $17,438
  • Trash: $0
  • Insurance: $2,500
  • Maintenance: $1,500
  • Water/Sewer: $1,400

Virtual Tour

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Property Details for 4500 W 16th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Fireplace(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • Basement, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Copper Plumbing Partial, Recessed Lighting
  • Levels: Two
  • Window Features: Double Pane Windows
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Tandem Uncovered
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5071016025
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Approach from Venice, head South onto West Blvd. Turn left onto 16th street (SouthWest Corner)
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 4500 W 16th Pl

Last leased for $3,895 on February 14th, 2022

  • September, 2021

  • Sep 9, 2021

    Date

    Active

    CRMLS: 21781692

    $3,895

    Price

  • Listing provided courtesy of CRMLS

    Freshly renovated Lafayette Square Duplex. This upstairs unit is a stylish and spacious 3 bed 2.5 bath unit with abundant natural light. Gated parking for multiple spaces per unit. Private gated outdoor space. New A/C units, dual pane windows, tankless water heater. Finishes are sophisticated quartz countertops, decorative tile in bathrooms. These units feel like single-family homes. Washer/Dryer in each unit

  • September, 2020

  • Sep 1, 2020

    Date

    Leased

    CRMLS: 20589658

    $3,600

    Price

  • Aug 16, 2020

    Date

    Pending

    CRMLS: 20589658

    $3,600

    Price

  • Jul 31, 2020

    Date

    Price Change

    CRMLS: 20589658

    $3,600

    Price

  • Jun 11, 2020

    Date

    Active

    CRMLS: 20589658

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Freshly renovated Lafayette Square Duplex. Each unit is a stylish and spacious 3 bed 2.5 bath duplex with an abundance of natural light. Gated parking for multiple spaces per unit. Private gated outdoor space. New A/C units, dual pane windows, tankless water heater. Finishes are sophisticated quartz countertops, decorative tile in bathrooms. These units feel like single-family homes. Washer/Dryer in each unit

  • July, 2020

  • Jul 7, 2020

    Date

    Leased

    CRMLS: 20588994

    $3,750

    Price

  • Jun 13, 2020

    Date

    Pending

    CRMLS: 20588994

    $3,750

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: 20588994

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Freshly renovated Lafayette Square Duplex. Each unit is a stylish and spacious 3 bed 2.5 bath with an abundance of natural light. Gated parking for multiple spaces per unit. Private gated outdoor space. New A/C units, dual pane windows, tankless water heater. Finishes are sophisticated quartz countertops, decorative tile in bathrooms. These units feel like single-family homes. Washer/Dryer hookups in each unit. Available furnished for $4,250/monthly

  • July, 2019

  • Jul 23, 2019

    Date

    Sold

    CRMLS: MB19149309

    $1,385,000

    Price

  • Jul 18, 2019

    Date

    Pending

    CRMLS: MB19149309

    $1,375,000

    Price

  • Jun 24, 2019

    Date

    Active

    CRMLS: MB19149309

    $1,375,000

    Price

  • July, 2019

  • Jul 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,385,000

    Price

  • July, 2019

  • Jul 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2019

  • Jun 24, 2019

    Date

    Canceled

    CRMLS: MB19115980

    $1,385,000

    Price

  • Jun 20, 2019

    Date

    Active

    CRMLS: MB19115980

    $1,385,000

    Price

  • Jun 14, 2019

    Date

    Pending

    CRMLS: MB19115980

    $1,385,000

    Price

  • May 17, 2019

    Date

    Price Change

    CRMLS: MB19115980

    $1,385,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: MB19115980

    $1,388,000

    Price

  • Listing provided courtesy of CRMLS

    Fully renovated, vacant and spacious duplex! Great opportunity for owner user or investor. Each unit is 3 bedrooms and 2.5 baths, each generating proforma rent of $4250/mo (Average). Features include New A/C units, recessed lights throughout, pleasing color scheme and plenty of unique details. The kitchens and bathrooms boast designer tiles. Stylish Quartz countertops rest on custom made cabinets. Other features include a farmhouse sink, fireplace, new solid wood doors, and 6 parking spaces. Each unit has a separate, private backyard - great for entertaining. New fencing throughout and lush front yard! Washer dryer hookups in both units, New double pane windows, New water heater and more! Great for both owner user or investor to get above cap 5. Each unit has its own address. Buyers and buyers agent to satisfy themselves with the City, County agencies in regards to room counts, square footage, permits, and other pertaining information. The property offers lots of natural light and open floor plan. The property is sitting on a large, 7k+ lot RD1.5.

  • May, 2019

  • May 17, 2019

    Date

    Canceled

    CRMLS: MB19045007

    $1,390,000

    Price

  • Apr 12, 2019

    Date

    Price Change

    CRMLS: MB19045007

    $1,390,000

    Price

  • Apr 3, 2019

    Date

    Price Change

    CRMLS: MB19045007

    $1,394,999

    Price

  • Feb 28, 2019

    Date

    Active

    CRMLS: MB19045007

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Fully renovated, vacant and spacious duplex! This charming "old world" duplex has been fitted with modern day amenities. The property offers lots of natural light and open floor plan. The property is sitting on a large, 7k+ lot. Each unit is 3 bedrooms and 2.5 baths, each generating proforma rent of $4250/mo (Average). Features include New A/C and recessed lights throughout, pleasing color scheme and plenty of unique details. The kitchens and bathrooms boast designer tiles. Stylish Quartz countertops rest on custom made cabinets. Other features include farmhouse sink, fireplace, new solid wood doors, and 6 parking spaces. Each unit has a separate, private backyard - great for entertaining. New fencing throughout and lush front yard! Washer dryer hookups in both units, New double pane windows, New water heater and more! Great for both owner user or investor to get above cap 5. Each unit has its own address, the second address is 1613 S West Blvd., Los Angeles, CA 90019. Buyers and buyers agent to satisfy themselves with the City, County agencies in regards to room counts, square footage, permits, and other pertaining information.

  • August, 2018

  • Aug 17, 2018

    Date

    Sold

    CRMLS: OC18127450

    $926,000

    Price

  • Jul 3, 2018

    Date

    Pending

    CRMLS: OC18127450

    $850,000

    Price

  • Jun 26, 2018

    Date

    Active

    CRMLS: OC18127450

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    ***ATTENTION INVESTORS AND DEVELOPERS*** GREAT FIXER READY TO BE RESTORED! Don't miss this opportunity to remodel this TRUE LARGE diamond in the rough Tudor style home! THE HOME IS RICH IN ARCHITECTURAL DETAILS AND CHARACTER, features includes 6 bedrooms, 2.5 bathrooms, spacious living room with elaborate wood burning fireplace, over 2,800 square feet of ACTUAL living space, ZONED R1.5, lot size over 7,000 square feet. Once a duplex, converted into a single family resident over 30 years ago. FIXER SOLD IN “AS IS” CONDITION. Very easy to show!

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Tax History for 4500 W 16th Pl

Assessed Value (2020): $1,385,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $385,000 $1,385,000

Home Value Compared to the Market

This property vs the competition

4500 W 16th Pl sold on July 22, 2019 for 21.68% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $481.61 per/sqft which puts the price per square foot 36.13% lower than the current median sale per square foot for the city of Los Angeles.

About 4500 W 16th Pl

Detailed summary of property

4500 W 16th Pl is a duplex that recently sold in Los Angeles, CA 90019. This duplex offered 6 bedrooms, 6 bathrooms, roughly 2,855 living square feet, and sits on an approximately 7,009 square foot lot. 4500 W 16th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,385,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.68% higher than the current median priced home. Local homes that are currently for sale include 2015 6th Ave, 1243-1245 S Sycamore Ave and 4011 Country Club Dr. While the average home in Los Angeles, CA is selling in 99 days, 4500 W 16th Pl has a days on market of 7 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4500 W 16th Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4500 W 16th Pl

Public county record property details
Beds
6
Baths
6
Year built
1912
Sq. Ft.
2,855
Lot Size
7,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5071-016-025

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
78
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

Thinking of Selling?

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(714) 706-1823

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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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