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4520 Willow Brook Ave, Los Angeles, CA 90029
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4520 Willow Brook Ave Los Angeles, CA 90029

$2,400,000
  • 12 Beds
  • 12 Baths
  • 7,556 Sq.Ft.
For Sale
$2,400,000 Get Pre-Qualified
Map preview of 4520 Willow Brook Ave, Los Angeles, CA 90029

Property Overview: 4520 Willow Brook Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,556 living square feet and 10,802 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: We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this property has a highly desirable location with unmatched potential for only $200K/unit. Residents will enjoy the proximity to Silver Lake and the abundance of retail, dining, and entertainment options at Sunset Junction. Notable amenities nearby include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and more. With easy access to Downtown and Hollywood employment hubs, this area is particularly attractive to young professionals. Below market rents and significant value add potential give any investor the opportunity to capitalize on nearly 100% in rental upside and receive tax benefits in an Opportunity Zone.

Listed by Andrew Malekie | BRE #02153774 | Link Brokerages
Co-listed by Coby Chatwin | BRE #01998822 | Link Brokerages, Inc.
Last checked: 8 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
10,802
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24377443
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,010
  • Total Rent: $1,010
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.49
  • Gross Scheduled Income: --
  • Net Operating Income: $95,025
  • Gross Operating Income: $142,049
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4520 Willow Brook Ave

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Property Details for 4520 Willow Brook Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 12
  • Parcel Number: 5539004004
  • Architectural Style: Spanish
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica Blvd, North of Lockwood Ave
View more facts & features

Local Los Angeles Agent

Sale History for 4520 Willow Brook Ave

Last sold for $250,000 on November 15th, 1994

  • April, 2024

  • Apr 8, 2024

    Date

    Active

    CRMLS: 24377443

    $2,400,000

    Price

  • January, 2023

  • Jan 7, 2023

    Date

    Expired

    CRMLS: 22206595

    $2,600,000

    Price

  • Oct 7, 2022

    Date

    Active

    CRMLS: 22206595

    $2,600,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market since 1994, we are pleased to present a unique investment opportunity in the coveted East Hollywood submarket. 4520 Willow Brook Ave consists of (12) twelve 1+1 units spread across (4) four detached buildings. The gated property sits on a 10,000+ SF lot and is positioned within walking distance from historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station. Under market rents and plenty of room for value add give any investor the opportunity to capitalize on over 106% in upside rental potential and receive tax benefits in an Opportunity Zone.

  • November, 1994

  • Nov 15, 1994

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

Show More

Tax History for 4520 Willow Brook Ave

Assessed Value (2020): $380,183
Year Land Value Improved Value Assessed Value
2020 $151,891 $228,292 $380,183

Home Value Compared to the Market

This property vs the competition

4520 Willow Brook Ave is listed 95.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $317.63 per/sqft which puts the price per square foot 58.96% lower than the median price per square foot for the city of Los Angeles.

About 4520 Willow Brook Ave

Detailed summary of property

4520 Willow Brook Ave is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 12 bedrooms, 12 bathrooms, roughly 7,556 living square feet, and sits on an approximately 10,802 square foot lot. 4520 Willow Brook Ave was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $2,400,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 95.92% higher than the median priced home. Local competing homes currently for sale include 543 N Heliotrope Dr, 542 N Kenmore Ave and 4534 Kingswell Ave. While the average home in Los Angeles, CA is selling in 96 days, 4520 Willow Brook Ave has a days on market of 22 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 4520 Willow Brook Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4520 Willow Brook Ave

Public county record property details
Beds
12
Baths
12
Year built
1924
Sq. Ft.
7,556
Lot Size
10,799
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
119,121
APN
5539-004-004

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
33
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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