4858 Lincoln Ave, Los Angeles, CA 90042
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4858 Lincoln Ave Los Angeles, CA 90042

$1,200,000 Sold Price as of 04/23/2020
  • 12 Beds
  • 9 Baths
  • -- Sq.Ft.
Sold
$1,200,000 Sold Price as of 04/23/2020 Refinance Your Mortgage

Map preview of 4858 Lincoln Ave, Los Angeles, CA 90042

Property Overview: 4858 Lincoln Ave Los Angeles, CA has 12 bedrooms, 9 bathrooms, -- living square feet and 5,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing triplex in booming Highland Park. One block from all the action on York Blvd. Largest unit is VACANT (3 bed 2 bath)! The lot goes street to alley with a three car garage (landlord occupied) and three extra parking spaces. Each unit has its own balcony/patio. All the boxes gets checked on this great opportunity to owner occupy or as a rental property. Each one bedroom in the front gets $1,230 and $1,699/mo and is occupied (do not disturb). Offers due Feb 28 noon. **UPDATE** Tenant that pays $1,230/mo gave a notice to vacate by April 10th (received 2/28).

Listed by Matt Manner | BRE #01449965 | Best and Final Real Estate
Last checked: 11 minutes ago | Last updated: March 24th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20556800
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,230
  • Total Rent: $1,230
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,699
  • Total Rent: $1,699
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,199
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,199
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 4858 Lincoln Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete, Garage - Three Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5477004004
Location / Neighborhood
Location Information
  • Directions: www.maps.google.com
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Sale History for 4858 Lincoln Ave

Last sold for $1,200,000 on April 23rd, 2020
  • April, 2020

  • Apr 24, 2020

    Date

    Sold

    CRMLS: 20556800

    $1,200,000

    Price

  • Mar 3, 2020

    Date

    Active Under Contract

    CRMLS: 20556800

    $999,000

    Price

  • Feb 21, 2020

    Date

    Active

    CRMLS: 20556800

    $999,000

    Price

  • April, 2020

  • Apr 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • July, 2009

  • Jul 6, 2009

    Date

    Sold (Public Records)

    Public Records

    $357,500

    Price

  • December, 2008

  • Dec 24, 2008

    Date

    Expired

    CRMLS: 12112402

    $450,000

    Price

  • Jun 30, 2008

    Date

    Active

    CRMLS: 12112402

    $590,000

    Price

  • Listing provided courtesy of CRMLS

    MUST SELL. Three (3) units in Highland Park close to downtown area, shopping centers, freeway, etc. with an approximate monthly income of $3,000. Excellent for investment or owner user (live in one unit and rent the other 2 units).

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Tax History for 4858 Lincoln Ave

Assessed Value (2020): $421,943
Year Land Value Improved Value Assessed Value
2020 $236,053 $185,890 $421,943

Home Value Compared to the Market

This property vs the competition

4858 Lincoln Ave sold on April 23, 2020 for 10.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 4858 Lincoln Ave

Detailed summary of property

4858 Lincoln Ave is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 12 bedrooms, 9 bathrooms, roughly -- living square feet, and sits on an approximately 5,400 square foot lot. 4858 Lincoln Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,200,000. 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 10.8% lower than the current median priced home. Local homes that are currently for sale include 301 S Avenue 55, 5938 E Echo St and 6108 Strickland Ave. While the average home in Los Angeles, CA is selling in 106 days, 4858 Lincoln Ave has a days on market of 10 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4858 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 4858 Lincoln Ave

Public county record property details
Beds
5
Baths
4
Year built
1966
Sq. Ft.
2,493
Lot Size
5,400
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5477-004-004

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
$995,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$1,210,001
Median Sold Price/Sq.Ft.
$863
Total Inventory
112
Median Sale to List Price %
121.12%
Avg Days on Market
29
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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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.