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4720 7Th Ave, Los Angeles, CA 90043
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4720 7Th Ave Los Angeles, CA 90043

$858,000 Sold Price as of 09/10/2019
  • 6 Beds
  • 3 Baths
  • 3,930 Sq.Ft.
Sold
$858,000 Sold Price as of 09/10/2019 Refinance Your Mortgage
Map preview of 4720 7Th Ave, Los Angeles, CA 90043

Property Overview: 4720 7Th Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 3,930 living square feet and 6,753 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DON'T MISS OUT on this chance to own this TRIPLEX located in a quiet Los Angeles neighborhood near View Park!! This is an investors dream with one fully renovated 2 BR/1 BA unit. This unit has been updated with new floors, all new fixtures, a new kitchen w/ quartz tops and a completely remodeled bathroom!! The other two units are both very well maintained with long time occupants living in each and paying rent every month! This could be your opportunity to collect those rent checks and live in the vacant unit or rent ALL THREE units. Each unit is over 1,100 SF and has 2 BR and a full BA!! The property also boasts a detached two car garage and washer and dryer hook ups inside of each unit!! Investment opportunities to own UNITS like this don't come along, act now! Voucher for stove and range hood for a single unit issued at close of escrow.

Listed by Polly Watts | BRE #00895696 | Polly Watts
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 173

Home details

Lot Sq. Ft
6,753
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
19431756
City
Los Angeles
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $201,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4720 7Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Room Information
  • Flooring: Wood, Laminate, Carpet, Tile
  • Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Driveway
Lot Information
  • Lot Features: Rectangular Lot, Back Yard, Sprinkler System, Yard, Landscaped, Lawn
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5014014024
  • Architectural Style: Traditional
  • Foundation Details: Raised
Location / Neighborhood
Location Information
  • Subdivision Name: Not in a Development (Not in a Development)
  • Other Subdivision Name: Not in a Development (Not in a Developme
  • Directions: Property located just off 48th St- If turning from 48th its second house in the Rt side of the street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 4720 7Th Ave

Last sold for $858,000 on September 10th, 2019

  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: 19431756

    $858,000

    Price

  • Aug 14, 2019

    Date

    Pending

    CRMLS: 19431756

    $849,900

    Price

  • May 8, 2019

    Date

    Price Change

    CRMLS: 19431756

    $849,900

    Price

  • Apr 3, 2019

    Date

    Price Change

    CRMLS: 19431756

    $879,900

    Price

  • Mar 8, 2019

    Date

    Active

    CRMLS: 19431756

    $899,900

    Price

  • Feb 22, 2019

    Date

    Pending

    CRMLS: 19431756

    $899,900

    Price

  • Feb 7, 2019

    Date

    Active

    CRMLS: 19431756

    $899,900

    Price

  • September, 2019

  • Sep 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $858,000

    Price

  • February, 2018

  • Feb 1, 2018

    Date

    Sold (Public Records)

    Public Records

    $703,000

    Price

  • September, 2017

  • Sep 5, 2017

    Date

    Sold

    CRMLS: DW16029800

    $400,000

    Price

  • Mar 24, 2017

    Date

    Pending

    CRMLS: DW16029800

    $690,000

    Price

  • Mar 21, 2017

    Date

    Active

    CRMLS: DW16029800

    $690,000

    Price

  • Mar 6, 2017

    Date

    Hold

    CRMLS: DW16029800

    $690,000

    Price

  • Mar 2, 2017

    Date

    Active

    CRMLS: DW16029800

    $690,000

    Price

  • Feb 5, 2017

    Date

    Sold

    CRMLS: DW16029800

    $400,000

    Price

  • May 20, 2016

    Date

    Price Change

    CRMLS: DW16029800

    $690,000

    Price

  • Mar 14, 2016

    Date

    Price Change

    CRMLS: DW16029800

    $698,000

    Price

  • Feb 12, 2016

    Date

    Price Change

    CRMLS: DW16029800

    $710,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! 3 units perfect for First Time Home Buyer or Investor. 3 Units consist of 2 Bedrooms and 1 Bath each. Will not last!

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Tax History for 4720 7Th Ave

Assessed Value (2020): $858,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $158,000 $858,000

Home Value Compared to the Market

This property vs the competition

4720 7Th Ave sold on September 10, 2019 for 28.58% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $216.26 per/sqft which puts the price per square foot 71.36% lower than the current median sale per square foot for the city of Los Angeles.

About 4720 7Th Ave

Detailed summary of property

4720 7Th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 3,930 living square feet, and sits on an approximately 6,753 square foot lot. 4720 7Th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $858,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.58% lower than the current median priced home. Local homes that are currently for sale include 5965 West Blvd, 2150 W 62nd St and 1627 Leighton Ave. While the average home in Los Angeles, CA is selling in 93 days, 4720 7Th Ave has a days on market of 173 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 4720 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 4720 7Th Ave

Public county record property details
Beds
6
Baths
3
Year built
1929
Sq. Ft.
3,930
Lot Size
6,752
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5014-014-024

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
$965,000
Median List Price/Sq.Ft.
$613
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
77
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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(714) 706-1823

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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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