4822 Mascot St, Los Angeles, CA 90019
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4822 Mascot St Los Angeles, CA 90019

$2,050,000 Sold Price as of 05/26/2022
  • 14 Beds
  • 9 Baths
  • 6,364 Sq.Ft.
Sold
$2,050,000 Sold Price as of 05/26/2022 Refinance Your Mortgage

Map preview of 4822 Mascot St, Los Angeles, CA 90019

Property Overview: 4822 Mascot St Los Angeles, CA has 14 bedrooms, 9 bathrooms, 6,364 living square feet and 6,295 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4822 Mascot Street is a partially remodeled 5-unit apartment building situated in the heart of the burgeoning Mid City neighborhood of Los Angeles. The property consists of two 3+2's, two 3+2.5's and one 2+1. Four of the five units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms (one unit has central A/C). Additionally, the property has newer landscaping, exterior paint, tank-less water heaters, and newer roofing. The plumbing and electrical have been upgraded as well. There are ten parking spaces and an on-site laundry room with two sets of machines for added income. Superbly located in the heart of the Mid City and near the West Adams commercial corridor, 4822 Mascot Street provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 85 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the La Brea and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.

Listed by Jordan Peikin | BRE #02015987 | Clement Partners Real Estate
Co-listed by Nathan Richards | BRE #01748598 | Nathan Richards
Last checked: 4 minutes ago | Last updated: May 26th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,295
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22146885
City
Los Angeles
County
Los Angeles
Time on Site
894 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,652
  • Total Rent: $2,652
  • Pro Forma/Market Rent: $3,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,415
  • Total Rent: $1,415
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.64
  • Gross Scheduled Income: --
  • Net Operating Income: $92,989
  • Gross Operating Income: $136,354
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4822 Mascot St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Community
Room Information
  • Flooring: Laminate, Wood, Tile
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 5
  • Parcel Number: 5067012025
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Washington Blvd, South of Venice Blvd, East of La Brea Ave, West of Rimpau Blvd.
View more facts & features

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Sale History for 4822 Mascot St

Last sold for $2,050,000 on May 26th, 2022
  • May, 2022

  • May 26, 2022

    Date

    Sold

    CRMLS: 22146885

    $2,050,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: 22146885

    $2,050,000

    Price

  • September, 2017

  • Sep 21, 2017

    Date

    Sold

    CRMLS: 17239456

    $1,300,000

    Price

  • Jul 28, 2017

    Date

    Active Under Contract

    CRMLS: 17239456

    $1,350,000

    Price

  • Jul 28, 2017

    Date

    Active

    CRMLS: 17239456

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained mid-century building with views! Nice unit mix, with 3 renovated units. Largest unit is townhouse style with oak floors and central heat and air. The two other renovated units have wood floors and retro chic black and white kitchens and baths. 5 parking spaces in rear with automatic gate. Many repairs done over last few years, roof, newer electrical and plumbing work done in majority of building. Bread and butter investment in hot Mid-City neighborhood - only blocks to the new Midtown Crossing shopping Center. Soft story has been EQ retrofitted. One unit vacant and available for viewing with appointment. Agent must be present. Do not disturb occupants!

  • September, 2017

  • Sep 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • December, 2016

  • Dec 30, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4822 Mascot St

Assessed Value (2020): $1,352,520
Year Land Value Improved Value Assessed Value
2020 $946,764 $405,756 $1,352,520

Home Value Compared to the Market

This property vs the competition

4822 Mascot St sold on May 26, 2022 for 83.04% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $322.12 per/sqft which puts the price per square foot 55.51% lower than the current median sale per square foot for the city of Los Angeles.

About 4822 Mascot St

Detailed summary of property

4822 Mascot St is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 14 bedrooms, 9 bathrooms, roughly 6,364 living square feet, and sits on an approximately 6,295 square foot lot. 4822 Mascot St was first listed on ArdentRealEstateGroup.com on April 18, 2022. The homeowner sold the property for $2,050,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 83.04% higher than the current median priced home. Local homes that are currently for sale include 1349 S Hudson Ave, 1226 Meadowbrook Ave and 2104 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 106 days, 4822 Mascot St has a days on market of 10 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4822 Mascot St 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 4822 Mascot St

Public county record property details
Beds
14
Baths
9
Year built
1963
Sq. Ft.
6,364
Lot Size
6,295
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5067-012-025

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
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 4822 Mascot St

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.