4628 Prospect Ave Los Angeles, CA 90027

$314,000 Sold Price as of 08/23/2010

4 Beds
4 Baths
3,468 Sq.Ft.

Off Market

$314,000 Sold Price as of 08/23/2010 Refinance Your Mortgage

Map preview of 4628 Prospect Ave, Los Angeles, CA 90027

Property Overview: 4628 Prospect Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,468 living square feet and 9,121 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4628 Prospect Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4628 Prospect Ave

Last sold for $314,000 on August 23rd, 2010

January, 2019
Jan 17, 2019

Date

Canceled

CRMLS: TR18269352

$3,650,000

Price
Dec 13, 2018

Date

Pending

CRMLS: TR18269352

$3,650,000

Price
Nov 8, 2018

Date

Active

CRMLS: TR18269352

$3,650,000

Price
Listing provided courtesy of CRMLS

Two classic 4-unit buildings on two separate lots with shared driveway and alley access on a huge 0.37 acre combined lot with development potential. Amazing location in Los Feliz Village, near LA's hippest restaurants, cafes and shops and two blocks from Metro Red Line. Great cash flow with most of the spacious units beautifully renovated. All units are 1BR/1BA with in-unit laundry, average 867 sqft per assessor and most include tankless water heaters and large capacity laundry machines. Eleven uncovered parking spaces. Assumable loan (fixed at 3.59% through 7/1/2023, then variable) is another bonus. These mixed zoning properties are mostly LARD1.5 with some LAR3 along the back alley, and TIER 4, meaning they can get transit oriented density bonus, with no parking requirements (buyer to verify with city). The TIER 4 is because the properties are just 2 blocks from the Red Line subway and very close to a metro rapid bus line. Please do not go onto the property and do not approach or disturb tenants. Viewing will only be scheduled with an accepted offer. Don’t miss out on this unique opportunity! 4628 Prospect Ave (APN 5542-001-014) and 4632 Prospect Ave (APN 5542-001-013) are being sold together for $3,650,000.

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August, 2010
Aug 23, 2010

Date

Sold (Public Records)

Public Records

$314,000

Price
August, 2010
Aug 23, 2010

Date

Sold (Public Records)

Public Records

$314,000

Price

Tax History for 4628 Prospect Ave

Assessed Value (2020): $735,092

Year	Land Value	Improved Value	Assessed Value
2020	$480,302	$254,790	$735,092

About 4628 Prospect Ave

Detailed summary of property

4628 Prospect Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90027 and last sold on August 23, 2010 for $314,000. This property has 4 bedrooms, 4 bathrooms, roughly 3,468 living square feet, and sits on an approximately 9,121 square foot lot. Homes 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 71.96% lower than the current median priced home. 4628 Prospect Ave was last sold on August 23, 2010 for $314,000. Local nearby listings include 1172-3 Westmoreland Ave, 4754 Los Feliz Blvd and 4121 Clayton Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 4628 Prospect Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4628 Prospect Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1921
Sq. Ft.: 3,468
Lot Size: 9,121
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5542-001-014

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,495,000

Median List Price/Sq.Ft.

$928

Median Sold Price

$2,340,000

Median Sold Price/Sq.Ft.

$1,093

Total Inventory

Median Sale to List Price %

126.55%

Avg Days on Market

Loan Type

Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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