4714 6Th Ave, Los Angeles, CA 90043
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4714 6Th Ave Los Angeles, CA 90043

$1,189,000
  • 6 Beds
  • 5 Baths
  • 2,061 Sq.Ft.
For Sale
$1,189,000 Get Pre-Qualified

Map preview of 4714 6Th Ave, Los Angeles, CA 90043

Property Overview: 4714 6Th Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,061 living square feet and 6,780 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: Discover an exceptional opportunity in the heart of Leimert Park with this unique two homes in one lot property, a perfect blend of functionality and potential. This generous 6,780 sq ft lot boasts two separate residences: one 3 bed 2 bath fully-remodeled gem that marries classic charm with modern aesthetics; and a second one, a pristine, newly built 3 bed 3 bath home meticulously crafted to meet contemporary desires with an open floor plan. With 2,061 square feet of crafted space, each corner is designed with precision and care, offering a total of 6 bedrooms and 5 bathrooms across both homes. This setup not only caters to substantial family living but presents lucrative possibilities for savvy homeowners and investors alike looking to dwell in one unit while leasing the other. The first home features a beautiful, open-concept living area that seamlessly connects the living room, dining space, and a kitchen equipped with state-of-the-art appliances and chic finishes. A few steps away, the second home, a brand new structure, stands with a promise of privacy and luxury. It has been crafted with attention to detail, ensuring that every element, from the infrastructure to the aesthetic finishings, adds to a sophisticated living experience. Each room is drenched in natural light, courtesy of well-placed windows, fostering a warm, inviting environment throughout. Set on a generously sized plot, the outdoor space offers ample room for relaxation and entertainment alike. Whether you're cultivating a garden, hosting summer barbecues, or simply soaking up the California sun, the back yard is ideal. Positioned strategically near notable community features, residents have convenient access to Crenshaw High School, ensuring top-notch educational facilities are just a stroll away. The nearby Crenshaw & 50th Street bus station broadens commuting horizons, linking you effortlessly to the greater Los Angeles area. For daily conveniences, Vons supermarket is a short drive away, perfect for all household needs. Additionally, Edward Vincent Jr. Park offers a serene escape from urban life, presenting a verdant oasis where leisure and nature meet.This property is not just a home; it's a lifestyle choice. It provides a rare chance to combine home-life with income potential in a city known for its dynamic real estate market. Luxurious living, coupled with strategic positioning near essential amenities, makes this an ideal option for those looking to capitalize on Los Angeles' vibrant property scene. Consider this multi-family dwelling not only as a residence or an investment but as a cornerstone where new memories will be forged, community connections strengthened, and life's chapters joyously written.Welcome to a home where every day offers the potential to live your dream city life while investing in your future.

Listed by Barbara Isabel | BRE #02057627 | Keller Williams Beverly Hills
Last checked: 7 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
6,780
HOA Dues
$0/mo
Year built
2024
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24423383
City
Los Angeles
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.94
  • Gross Scheduled Income: --
  • Net Operating Income: $70,205
  • Gross Operating Income: $88,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $360
  • New Taxes: $15,475
  • Insurance: $2,000
  • Water/Sewer: $400

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Property Details for 4714 6Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered, Driveway
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5014019011
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw Blvd north of W 48th St
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Sale History for 4714 6Th Ave

View property's historical transactions
  • August, 2024

  • Aug 3, 2024

    Date

    Active

    CRMLS: 24423383

    $1,238,000

    Price

Tax History for 4714 6Th Ave

Assessed Value (2020): $38,489
Year Land Value Improved Value Assessed Value
2020 $25,521 $12,968 $38,489

Home Value Compared to the Market

This property vs the competition

4714 6Th Ave is listed 0.92% 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 $576.9 per/sqft which puts the price per square foot 24.88% lower than the median price per square foot for the city of Los Angeles.

About 4714 6Th Ave

Detailed summary of property

4714 6Th Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 2,061 living square feet, and sits on an approximately 6,780 square foot lot. 4714 6Th Ave was first listed on ArdentRealEstateGroup.com on August 3, 2024. The homeowner is currently asking $1,189,000 and was originally asking $1,238,000. 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 0.92% lower than the median priced home. Local competing homes currently for sale include 3968 Arlington Ave, 5758 11th Ave and 5302 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 106 days, 4714 6Th Ave has a days on market of 47 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 4714 6Th 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 4714 6Th Ave

Public county record property details
Beds
2
Baths
1
Year built
1922
Sq. Ft.
952
Lot Size
6,777
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5014-019-011

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.