4821 San Vicente Blvd, Los Angeles, CA 90019
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4821 San Vicente Blvd Los Angeles, CA 90019

$2,795,000
  • 20 Beds
  • 16 Baths
  • 10,026 Sq.Ft.
For Sale
$2,795,000 Get Pre-Qualified

Map preview of 4821 San Vicente Blvd, Los Angeles, CA 90019

Property Overview: 4821 San Vicente Blvd Los Angeles, CA has 20 bedrooms, 16 bathrooms, 10,026 living square feet and 11,294 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: Located in the Mid-Wilshire area of Los Angeles, this investment opportunity comprises two distinct buildings, each housing 8 units and situated on separate lots with individual APNs. The combined property offers a total of 16 units. With significant upside potential, estimated at over 45% in rental income, this prime location presents an attractive proposition for investors seeking to enhance cash flow and capitalize on increasing value.

Listed by Jesse Stamps | BRE #01412557 | Keller Williams Beverly Hills
Last checked: 13 minutes ago | Last updated: June 27th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
11,294
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24406347
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $990
  • Total Rent: $11,880
  • Pro Forma/Market Rent: $23,940
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $895
  • Total Rent: $3,579
  • Pro Forma/Market Rent: $9,980
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.07%
  • Gross Rent Multiplier: 14.99
  • Gross Scheduled Income: --
  • Net Operating Income: $113,709
  • Gross Operating Income: $180,816
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4821 San Vicente Blvd

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
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Uncovered, Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 16
  • Parcel Number: 5083021014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 3 Blocks East of La Brea Ave
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Sale History for 4821 San Vicente Blvd

Last sold for $2,600,000 on October 11th, 2019
  • June, 2024

  • Jun 19, 2024

    Date

    Active

    CRMLS: 24406347

    $2,795,000

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

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Tax History for 4821 San Vicente Blvd

Assessed Value (2020): $1,304,400
Year Land Value Improved Value Assessed Value
2020 $500,000 $804,400 $1,304,400

Home Value Compared to the Market

This property vs the competition

4821 San Vicente Blvd is listed 132.92% higher 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 $773 and this home is listed at $278.78 per/sqft which puts the price per square foot 63.94% lower than the median price per square foot for the city of Los Angeles.

About 4821 San Vicente Blvd

Detailed summary of property

4821 San Vicente Blvd is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 20 bedrooms, 16 bathrooms, roughly 10,026 living square feet, and sits on an approximately 11,294 square foot lot. 4821 San Vicente Blvd was first listed on ArdentRealEstateGroup.com on June 20, 2024. The homeowner is currently asking $2,795,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 132.92% higher than the median priced home. Local competing homes currently for sale include 1201 S Cloverdale Ave, 4810 Mascot St and 1424 Meadowbrook Ave. While the average home in Los Angeles, CA is selling in 101 days, 4821 San Vicente Blvd has a days on market of 28 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 4821 San Vicente Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4821 San Vicente Blvd

Public county record property details
Beds
8
Baths
8
Year built
1952
Sq. Ft.
4,500
Lot Size
5,671
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
644,645
APN
5083-021-014

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$682
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
77
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 4821 San Vicente Blvd

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.