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4727 Lincoln Ave, Los Angeles, CA 90042
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4727 Lincoln Ave Los Angeles, CA 90042

$1,250,000
  • 6 Beds
  • 5 Baths
  • 2,727 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 4727 Lincoln Ave, Los Angeles, CA 90042

Property Overview: 4727 Lincoln Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,727 living square feet and 5,500 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: 5 Unit Investment Property located in highly sought after neighborhood of Highland Park. Well maintained and updated property consisting of (4) one bed/one bath units and (1) two bed/one bath unit. Property has been recently refreshed and includes onsite parking with two garages, coin operated laundry room, security gates, outdoor common patio areas, and more. Excellent location near Occidental College, shops and restaurants along York Blvd and Eagle Rock Blvd including Queen St. Raw Bar & Grill, Bagel + Slice, Kumquat Coffee HLP, Delia's Restaurant, and more. One unit will be delivered vacant.

Listed by Eugene Ridenour | BRE #01352359 | Compass
Last checked: 11 minutes ago | Last updated: May 17th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
5,500
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389329
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $703
  • Total Rent: $703
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,508
  • Total Rent: $1,508
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $645
  • Total Rent: $645
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,205
  • Total Rent: $2,205
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 15.4
  • Gross Scheduled Income: --
  • Net Operating Income: $46,983
  • Gross Operating Income: $78,570
  • Laundry Income: $50
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4727 Lincoln Ave

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Property Details for 4727 Lincoln Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Gated
Property Information
  • Total # of Units: 5
  • Parcel Number: 5474017015
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of York, between Armadale and Ave 47.
View more facts & features

Local Los Angeles Agent

Sale History for 4727 Lincoln Ave

Last sold for $950,000 on May 21st, 2019

  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: 24389329

    $1,250,000

    Price

  • May, 2019

  • May 22, 2019

    Date

    Sold

    CRMLS: 319000973

    $950,000

    Price

  • Apr 2, 2019

    Date

    Pending

    CRMLS: 319000973

    $990,000

    Price

  • Mar 25, 2019

    Date

    Active Under Contract

    CRMLS: 319000973

    $990,000

    Price

  • Mar 25, 2019

    Date

    Active

    CRMLS: 319000973

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own this 5-plex in the highly-sought area of eclectic Highland Park neighborhood. Just a block away from York Blvd and a short distance to the heart of many trendy shops, cafe, bars and eateries. A few blocks to Occidental College, Metro Gold Line. Centrally located with easy access to freeways and minutes away to Downtown LA, Pasadena, Eagle Rock and Glendale. This gated 5-plex offers 2 separate structures. Front structure has 4 units with 1BR 1BA each. Back structure has an upstairs unit with 2BR 1BA. Below this unit are 3 car garages and a separate laundry room. Each unit is individually metered for electricity and gas. In between the structures are additional spaces for parking. Great location and lot of potential!

  • May, 2019

  • May 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

  • April, 2019

  • Apr 4, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4727 Lincoln Ave

Assessed Value (2020): $969,000
Year Land Value Improved Value Assessed Value
2020 $581,400 $387,600 $969,000

Home Value Compared to the Market

This property vs the competition

4727 Lincoln Ave is listed 0% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $458.38 per/sqft which puts the price per square foot 41.01% lower than the median price per square foot for the city of Los Angeles.

About 4727 Lincoln Ave

Detailed summary of property

4727 Lincoln Ave is a multi family located in Los Angeles, CA 90042 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 2,727 living square feet, and sits on an approximately 5,500 square foot lot. 4727 Lincoln Ave was first listed on ArdentRealEstateGroup.com on May 9, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 1461 Hepner Ave, 4420 Verdugo Rd and 311 N Avenue 59. While the average home in Los Angeles, CA is selling in 92 days, 4727 Lincoln Ave has a days on market of 10 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4727 Lincoln Ave Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4727 Lincoln Ave

Public county record property details
Beds
6
Baths
5
Year built
1955
Sq. Ft.
2,727
Lot Size
5,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5474-017-015

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
97
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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Recently Sold Homes Near 4727 Lincoln Ave

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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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