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4610 Cimarron St, Los Angeles, CA 90062
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4610 Cimarron St Los Angeles, CA 90062

$999,999
  • 14 Beds
  • 10 Baths
  • 4,056 Sq.Ft.
For Sale
$999,999 Get Pre-Qualified
Map preview of 4610 Cimarron St, Los Angeles, CA 90062

Property Overview: 4610 Cimarron St Los Angeles, CA has 14 bedrooms, 10 bathrooms, 4,056 living square feet and 6,518 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: Amazing opportunity to own this Stunning four-plex investment property nestled within an "Opportunity Zone". Property located within the vibrant community of Leimert Park area of Los Angeles, with easy access to Expo Park, Culver City, West Adams, Jefferson Park USC, DTLA, and LAX and withing minutes, you can reach all iconic landmarks, DTLA, Crypto Arena, SoFi Stadium, Santa Monica Beach, La Coliseum, and many more, this is such an ideal four-plex has boundless potential, the location and lot is a prime choice for investors looking to grow their real estate portfolio in the Leimert park area. The property features 4 detached car garages with alley access that are currently being used as storage units and each unit has its own individual electric and gas meters. Property to be sold in AS-IS condition. Don't miss this fantastic investment opportunity!

Listed by Angelica Marroquin Leon | BRE #02071337 | Century City Realtors
Last checked: 11 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
6,518
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24410721
City
Los Angeles
County
Los Angeles
Time on Site
73 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $953
  • Total Rent: $953
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.92
  • Gross Scheduled Income: --
  • Net Operating Income: $52,595
  • Gross Operating Income: $59,795
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4610 Cimarron St

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Property Details for 4610 Cimarron St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5015017004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Vernon Ave, South of 48th St, East of Arlington Ave, West of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 4610 Cimarron St

Last sold on May 24th, 2017

  • July, 2024

  • Jul 3, 2024

    Date

    Active

    CRMLS: 24410721

    $1,050,000

    Price

  • May, 2017

  • May 24, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4610 Cimarron St

Assessed Value (2020): $315,695
Year Land Value Improved Value Assessed Value
2020 $162,996 $152,699 $315,695

Home Value Compared to the Market

This property vs the competition

4610 Cimarron St is listed 16.67% lower 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 $246.55 per/sqft which puts the price per square foot 67.9% lower than the median price per square foot for the city of Los Angeles.

About 4610 Cimarron St

Detailed summary of property

4610 Cimarron St is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 14 bedrooms, 10 bathrooms, roughly 4,056 living square feet, and sits on an approximately 6,518 square foot lot. 4610 Cimarron St was first listed on ArdentRealEstateGroup.com on July 8, 2024. The homeowner is currently asking $999,999 and was originally asking $1,050,000. 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 16.67% lower than the median priced home. Local competing homes currently for sale include 5300 Ruthelen St, 5302 S Manhattan Pl and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 106 days, 4610 Cimarron St has a days on market of 78 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 4610 Cimarron St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4610 Cimarron St

Public county record property details
Beds
6
Baths
4
Year built
1941
Sq. Ft.
4,056
Lot Size
6,516
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
164
APN
5015-017-004

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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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