4600 S Central Ave, Los Angeles, CA 90011
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4600 S Central Ave Los Angeles, CA 90011

$1,400,000
  • 8 Beds
  • 3.75 Baths
  • 5,010 Sq.Ft.
For Sale
$1,400,000 Get Pre-Qualified

Map preview of 4600 S Central Ave, Los Angeles, CA 90011

Property Overview: 4600 S Central Ave Los Angeles, CA has 8 bedrooms, 3.75 bathrooms, 5,010 living square feet and 6,022 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: Rare opportunity to purchase 4-unit mix-use property. The 2 story building is configured into 2 commercial spaces on ground floor level, 5bed 2 bath on second level. Two gated driveways, parking spaces can fit 3-4 cars. Detached 3-car garage structure. Additional free standing 3bed 1 bath house at rear of property with it's own driveway. Excellent corner location provides great visibility for heavy traffic. Perfect for Owner occupied or investment purchase. Newer roof on one of the buildings. All tenants current on rents. Selling AS-IS, no repairs. Do not disturb occupants.

Listed by Marie Jimenez | BRE #02127776 | Century 21 Allstars
Last checked: 16 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 244
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Home details

Lot Sq. Ft
6,022
HOA Dues
$0/mo
Year built
1903
Garage
3 Car
Property Type:
Mixed Use
Status
Active
MLS#
DW23156604
City
Los Angeles
County
Los Angeles
Time on Site
244 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,800
  • Net Operating Income: $85,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,200
  • Electric: $4,400
  • Gas/Fuel: $1,500
  • Trash: $4,400
  • Insurance: $6,500
  • Water/Sewer: $4,400

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Property Details for 4600 S Central Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage Faces Side
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Near Public Transit, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5107009001
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South East corner of 46th street and S. Central Ave
Neighborhood Information
  • Community Features: Street Lights
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Sale History for 4600 S Central Ave

Last sold for $39,045 on March 16th, 2012
  • August, 2023

  • Aug 21, 2023

    Date

    Active

    CRMLS: DW23156604

    $1,450,000

    Price

  • March, 2012

  • Mar 16, 2012

    Date

    Sold (Public Records)

    Public Records

    $39,045

    Price

  • November, 2003

  • Nov 20, 2003

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

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Tax History for 4600 S Central Ave

Assessed Value (2020): $433,497
Year Land Value Improved Value Assessed Value
2020 $210,332 $223,165 $433,497

Home Value Compared to the Market

This property vs the competition

4600 S Central Ave is listed 12.09% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $279.44 per/sqft which puts the price per square foot 63.8% lower than the median price per square foot for the city of Los Angeles.

About 4600 S Central Ave

Detailed summary of property

4600 S Central Ave is a mixed use located in Los Angeles, CA 90011 and is currently for sale. This mixed use property offers 8 bedrooms, 3.75 bathrooms, roughly 5,010 living square feet, and sits on an approximately 6,022 square foot lot. 4600 S Central Ave was first listed on ArdentRealEstateGroup.com on August 26, 2023. The homeowner is currently asking $1,400,000 and was originally asking $1,450,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12.09% higher than the median priced home. Local competing homes currently for sale include 2752 W 15th St, 2823 W 8th St and 2630 E 1St St. While the average home in Los Angeles, CA is selling in 97 days, 4600 S Central Ave has a days on market of 244 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 4600 S Central Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4600 S Central Ave

Public county record property details
Beds
2
Baths
1
Year built
1903
Sq. Ft.
5,010
Lot Size
6,022
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5107-009-001

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
41
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), 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.