4859 Marmion Way, Los Angeles, CA 90042
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4859 Marmion Way Los Angeles, CA 90042

$960,000 Sold Price as of 08/03/2021
  • 4 Beds
  • 3 Baths
  • 2,317 Sq.Ft.
Sold
$960,000 Sold Price as of 08/03/2021 Refinance Your Mortgage

Map preview of 4859 Marmion Way, Los Angeles, CA 90042

Property Overview: 4859 Marmion Way Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,317 living square feet and 8,486 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Multi-unit gated compound with two 2-bedroom units, a studio unit, and work studio with bath. See floor plans. 8500 square foot lot with lots of open space. Parking for up to four cars on circular driveway and common basement laundry room. Lots of original charm including wood siding and original windows. Consider options to convert existing space with ADU conversions if desired. Upstairs two-bedroom unit has a fireplace, large kitchen and dining / work space. Downstairs two-bedroom has an open floor plan and is very clean. Large sycamore tree in front and Italian cypress offer shade in the open green outdoor space. Nestled at the base of Mt. Washington and close to all that Highland Park offers. All units delivered with current tenants.

Listed by Darren Hubert | BRE #01330183 | Keller Williams Realty Los Feliz
Co-listed by Joseph Cloninger | BRE #01954784 | Keller Williams Realty Los Feliz
Last checked: 10 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
8,486
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21721228
City
Los Angeles
County
Los Angeles
Time on Site
1149 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $810
  • Total Rent: $810
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,020
  • Total Rent: $2,020
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.07
  • Gross Scheduled Income: --
  • Net Operating Income: $45,540
  • Gross Operating Income: $52,560
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4859 Marmion Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood, Laminate
  • Art Studio
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Driveway
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 3
  • Parcel Number: 5467024018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: On the border of Mount Washington and Highland Park. Monte Vista and Marmion
View more facts & features

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Sale History for 4859 Marmion Way

Last sold for $960,000 on August 3rd, 2021
  • August, 2021

  • Aug 4, 2021

    Date

    Sold

    CRMLS: 21721228

    $960,000

    Price

  • May 26, 2021

    Date

    Pending

    CRMLS: 21721228

    $950,000

    Price

  • May 14, 2021

    Date

    Active Under Contract

    CRMLS: 21721228

    $950,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: 21721228

    $950,000

    Price

  • December, 2002

  • Dec 31, 2002

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

  • March, 2002

  • Mar 19, 2002

    Date

    Sold (Public Records)

    Public Records

    $150,000

    Price

Show More

Tax History for 4859 Marmion Way

Assessed Value (2020): $456,873
Year Land Value Improved Value Assessed Value
2020 $324,450 $132,423 $456,873

Home Value Compared to the Market

This property vs the competition

4859 Marmion Way sold on August 3, 2021 for 25.43% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $410.01 per/sqft which puts the price per square foot 48.17% lower than the current median sale per square foot for the city of Los Angeles.

About 4859 Marmion Way

Detailed summary of property

4859 Marmion Way is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,317 living square feet, and sits on an approximately 8,486 square foot lot. 4859 Marmion Way was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $960,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.43% lower than the current median priced home. Local homes that are currently for sale include 2152 Duvall St, 2845 Estara and 2133 Keith St. While the average home in Los Angeles, CA is selling in 100 days, 4859 Marmion Way has a days on market of 25 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 4859 Marmion Way 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 4859 Marmion Way

Public county record property details
Beds
4
Baths
3
Year built
1928
Sq. Ft.
1,922
Lot Size
8,460
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5467-024-018

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
$1,200,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$1,140,000
Median Sold Price/Sq.Ft.
$895
Total Inventory
90
Median Sale to List Price %
115.27%
Avg Days on Market
19
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (34.62%), Other (7.69%)

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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.