4724 Elmwood Ave, Los Angeles, CA 90004
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4724 Elmwood Ave Los Angeles, CA 90004

$4,300,000 Sold Price as of 05/06/2022
  • 6 Beds
  • 4 Baths
  • 2,125 Sq.Ft.
Sold
$4,300,000 Sold Price as of 05/06/2022 Refinance Your Mortgage

Map preview of 4724 Elmwood Ave, Los Angeles, CA 90004

Property Overview: 4724 Elmwood Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,125 living square feet and 14,508 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is sold with 4726 Elmwood next door 4 unit . It is zoned R3, TOC Tier3, which makes this deal prime for Multi-Family development with the combined lot size of 14,508 sf. The property is high development demand location. Both properties will be vacant at the Close of Escrow.

Listed by Jeannie K. Lee | BRE #01386376 | Masters Realty & Investment
Last checked: 9 minutes ago | Last updated: May 9th, 2022 | Source CRMLS | DOM: 167

Home details

Lot Sq. Ft
14,508
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21757470
City
Los Angeles
County
Los Angeles
Time on Site
1045 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4724 Elmwood Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5522031016
Location / Neighborhood
Location Information
  • Directions: North of Beverly Blvd. and West of Western
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Sale History for 4724 Elmwood Ave

Last sold for $4,300,000 on May 6th, 2022
  • July, 2021

  • Jul 6, 2021

    Date

    Active

    CRMLS: 21757470

    $4,490,000

    Price

  • April, 2021

  • Apr 20, 2021

    Date

    Sold

    CRMLS: PW21054701

    $1,520,000

    Price

  • Mar 26, 2021

    Date

    Active Under Contract

    CRMLS: PW21054701

    $1,450,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: PW21054701

    $1,450,000

    Price

  • Mar 16, 2021

    Date

    Coming Soon

    CRMLS: PW21054701

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Location in a highly desired area, duplex property on 7250 square feet lot with LAR3 zone! Located on a wide street, quiet neighborhood, and just blocks from shopping, dining, parks, and public transit. Incredible opportunity for developer, investor, or owner occupied with rental income. Close to Larchmont Village, Koreatown, Hollywood, Downtown, and 101 freeway. Buyer to verify all information about the property including zoning, permits, square footage, and condition. Property sold "AS Is" and both units will be vacated at close of escrow.

  • May, 2013

  • May 11, 2013

    Date

    Expired

    CRMLS: 12164313

    $450,000

    Price

  • May 11, 2012

    Date

    Active

    CRMLS: 12164313

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    Two-Story Duplex. 3 bedrooms and 2&1/2 bathrooms downstairs. 3 bedrooms 1&1/2 bathrooms located in Koreatown.

  • August, 2012

  • Aug 31, 2012

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

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Tax History for 4724 Elmwood Ave

Assessed Value (2020): $619,286
Year Land Value Improved Value Assessed Value
2020 $450,392 $168,894 $619,286

Home Value Compared to the Market

This property vs the competition

4724 Elmwood Ave sold on May 6, 2022 for 277.31% higher 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 $2112.94 per/sqft which puts the price per square foot 179.86% higher than the current median sale per square foot for the city of Los Angeles.

About 4724 Elmwood Ave

Detailed summary of property

4724 Elmwood Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,125 living square feet, and sits on an approximately 14,508 square foot lot. 4724 Elmwood Ave was first listed on ArdentRealEstateGroup.com on July 6, 2021. The homeowner sold the property for $4,300,000. 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 277.31% higher than the current median priced home. Local homes that are currently for sale include 722 S Manhattan Pl, 6222 Banner Ave and 730 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 94 days, 4724 Elmwood Ave has a days on market of 167 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4724 Elmwood Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4724 Elmwood Ave

Public county record property details
Beds
2
Baths
1
Year built
1911
Sq. Ft.
2,125
Lot Size
7,253
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
77
APN
5522-031-016

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Related Resources to 4724 Elmwood Ave

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.