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4801 S Central Ave, Los Angeles, CA 90011
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4801 S Central Ave Los Angeles, CA 90011

$1,750,000 Sold Price as of 04/01/2021
  • 6 Beds
  • 14 Baths
  • 9,762 Sq.Ft.
Sold
$1,750,000 Sold Price as of 04/01/2021 Refinance Your Mortgage
Map preview of 4801 S Central Ave, Los Angeles, CA 90011

Property Overview: 4801 S Central Ave Los Angeles, CA has 6 bedrooms, 14 bathrooms, 9,762 living square feet and 13,505 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Mixed-use property (retail/office/apartment) is located in hard corner of Central Avenue and 48th Street. The property consists of 14 units: 7 commercial units (3 retails downstairs and 4 offices upstairs) and 7 residential units (6 units - 1Br/1Ba and 1 unit - studio).

Listed by Sonny Tan | BRE #01201341 | Pacific Coast Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 166

Home details

Lot Sq. Ft
13,505
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
AR20171240
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 5
  • # of Leased Units: 9
  • # of Electric Meters: 12
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $696
  • Total Rent: $696
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $956
  • Total Rent: $956
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $614
  • Total Rent: $614
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $995
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,493
  • Total Rent: $1,493
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $745
  • Total Rent: $745
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $775
  • Total Rent: $775
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $137,094
  • Net Operating Income: $92,681
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $44,413
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $23,000
  • Trash: $0
  • Gardener: $720
  • Insurance: $6,576
  • Maintenance: $9,101
  • Professional Management: $0
  • Water/Sewer: $4,466

Property Details for 4801 S Central Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 14
  • Parcel Number: 5108021001
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Southwest Corner of Central Ave. and 48th St.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4801 S Central Ave

Last leased for $1,000 on August 20th, 2021

  • August, 2021

  • Aug 30, 2021

    Date

    Leased

    CRMLS: MB21110971

    $1,000

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: MB21110971

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    Office or Retail space available for lease on a high traffic area consisting of 2,000 sqft with a monthly rent of $2,900 or option to rent 1,000 sq ft for $1,600, please call for more information

  • April, 2021

  • Apr 3, 2021

    Date

    Sold

    CRMLS: AR20171266

    $1,750,000

    Price

  • Mar 30, 2021

    Date

    Pending

    CRMLS: AR20171266

    $1,788,000

    Price

  • Feb 17, 2021

    Date

    Active Under Contract

    CRMLS: AR20171266

    $1,788,000

    Price

  • Oct 9, 2020

    Date

    Price Change

    CRMLS: AR20171266

    $1,788,000

    Price

  • Aug 21, 2020

    Date

    Active

    CRMLS: AR20171266

    $1,888,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed-use property (retail/office/apartment) is located in corner of Central Avenue and 48th Street. The property consists of 14 units: 7 commercial units (3 retails downstairs and 4 offices upstairs) and 7 residential units (6 units - 1Br/1Ba and 1 unit - single).

  • April, 2021

  • Apr 3, 2021

    Date

    Sold

    CRMLS: AR20171240

    $1,750,000

    Price

  • Mar 30, 2021

    Date

    Pending

    CRMLS: AR20171240

    $1,788,000

    Price

  • Feb 17, 2021

    Date

    Active Under Contract

    CRMLS: AR20171240

    $1,788,000

    Price

  • Oct 9, 2020

    Date

    Price Change

    CRMLS: AR20171240

    $1,788,000

    Price

  • Aug 21, 2020

    Date

    Active

    CRMLS: AR20171240

    $1,888,000

    Price

  • July, 2020

  • Jul 22, 2020

    Date

    Leased

    CRMLS: AR20069664

    $995

    Price

  • Jul 18, 2020

    Date

    Pending

    CRMLS: AR20069664

    $995

    Price

  • Jul 17, 2020

    Date

    Hold

    CRMLS: AR20069664

    $995

    Price

  • Jul 13, 2020

    Date

    Price Change

    CRMLS: AR20069664

    $995

    Price

  • Apr 6, 2020

    Date

    Active

    CRMLS: AR20069664

    $1,200

    Price

  • Listing provided courtesy of CRMLS

    Recently remodeled lower level studio. New bathroom, new kitchen and new appliances.

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: AR18065457

    $1,980,000

    Price

  • Nov 28, 2018

    Date

    Price Change

    CRMLS: AR18065457

    $1,980,000

    Price

  • Mar 26, 2018

    Date

    Active

    CRMLS: AR18065457

    $2,280,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed-use property (retail/office/apartment) is located in the corner of major streets of Central Avenue and 48th Street. The property consists of 14 units: 7 commercial units (3 retails downstairs and 4 offices upstairs) and 7 residential units (6 units - 1Br/1Ba and 1 unit - single). The total building area is 9762 SF and the lot area is 13505 SF.

  • May, 2019

  • May 4, 2019

    Date

    Leased

    CRMLS: AR19080291

    $1,450

    Price

  • May 2, 2019

    Date

    Pending

    CRMLS: AR19080291

    $1,450

    Price

  • Apr 10, 2019

    Date

    Active

    CRMLS: AR19080291

    $1,450

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled apartment unit with 1 bedroom, 1 bath and end unit.

  • June, 2013

  • Jun 10, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2013

  • Mar 12, 2013

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 4801 S Central Ave

Assessed Value (2020): $957,081
Year Land Value Improved Value Assessed Value
2020 $456,020 $501,061 $957,081

Home Value Compared to the Market

This property vs the competition

4801 S Central Ave sold on April 1, 2021 for 50.25% 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 $183.16 per/sqft which puts the price per square foot 75.74% lower than the current median sale per square foot for the city of Los Angeles.

About 4801 S Central Ave

Detailed summary of property

4801 S Central Ave is a mixed use that recently sold in Los Angeles, CA 90011. This mixed use property offered 6 bedrooms, 14 bathrooms, roughly 9,762 living square feet, and sits on an approximately 13,505 square foot lot. 4801 S Central Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,750,000. 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 50.25% higher than the current median priced home. Local homes that are currently for sale include 508 N Ardmore Ave, 4720 Clinton St and 4652 Gratian St. While the average home in Los Angeles, CA is selling in 93 days, 4801 S Central Ave has a days on market of 166 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 4801 S Central Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4801 S Central Ave

Public county record property details
Beds
6
Baths
7
Year built
1923
Sq. Ft.
9,762
Lot Size
13,505
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5108-021-001

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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