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4617 7Th Ave, Los Angeles, CA 90043
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4617 7Th Ave Los Angeles, CA 90043

$898,000 Sold Price as of 07/29/2022
  • 4 Beds
  • 3 Baths
  • 1,728 Sq.Ft.
Sold
$898,000 Sold Price as of 07/29/2022 Refinance Your Mortgage
Map preview of 4617 7Th Ave, Los Angeles, CA 90043

Property Overview: 4617 7Th Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,728 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment/Owner Occupied opportunity with this fully renovated Large units Duplex. Owner occupy one unit or use entirely for investment purposes. One unit is a two bedrooms, and one bathroom, and the other is a one bedroom, and one bathroom, including a service porch in each unit. Lovely Park Hills district, and centrally located near the new SoFi Stadium, entertainment, shopping, USC and DTLA. Two bedroom will be delivered VACANT. PLEASE DO NOT DISTURB OCCUPANTS.

Listed by Sandy Dunkley | BRE #01832146 | Equity Real Estate-Los Angeles
Last checked: 22 seconds ago | Last updated: August 2nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22148629
City
Los Angeles
County
Los Angeles
Time on Site
881 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.12
  • Gross Scheduled Income: --
  • Net Operating Income: $29,869
  • Gross Operating Income: $42,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $6,731
  • Trash: $600
  • Gardener: $600
  • Insurance: $1,800
  • Water/Sewer: $3,000

Property Details for 4617 7Th Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Room Information
  • Flooring: Carpet
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Covered, Garage, Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5014011009
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets, East Crenshaw and West of Arlington
View more facts & features

Local Los Angeles Agent

Sale History for 4617 7Th Ave

Last sold for $898,000 on July 29th, 2022

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: 22148629

    $898,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: 22148629

    $898,000

    Price

  • May, 2018

  • May 11, 2018

    Date

    Sold

    CRMLS: 18328336

    $520,000

    Price

  • Apr 18, 2018

    Date

    Pending

    CRMLS: 18328336

    $545,000

    Price

  • Mar 31, 2018

    Date

    Active

    CRMLS: 18328336

    $545,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2018

  • May 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • October, 2001

  • Oct 26, 2001

    Date

    Sold (Public Records)

    Public Records

    $179,000

    Price

Show More

Tax History for 4617 7Th Ave

Assessed Value (2020): $541,008
Year Land Value Improved Value Assessed Value
2020 $249,696 $291,312 $541,008

Home Value Compared to the Market

This property vs the competition

4617 7Th Ave sold on July 29, 2022 for 19.82% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $519.68 per/sqft which puts the price per square foot 28.22% lower than the current median sale per square foot for the city of Los Angeles.

About 4617 7Th Ave

Detailed summary of property

4617 7Th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,728 living square feet, and sits on an approximately 6,750 square foot lot. 4617 7Th Ave was first listed on ArdentRealEstateGroup.com on April 22, 2022. The homeowner sold the property for $898,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.82% lower than the current median priced home. Local homes that are currently for sale include 1732 W 51st St, 1943 W 39th St and 3886 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 106 days, 4617 7Th Ave has a days on market of 75 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 4617 7Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4617 7Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
1,728
Lot Size
6,750
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5014-011-009

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
95
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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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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