4911 Aldama St, Los Angeles, CA 90042
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4911 Aldama St Los Angeles, CA 90042

$848,568 Sold Price as of 08/24/2022
  • 3 Beds
  • 2 Baths
  • 1,890 Sq.Ft.
Sold
$848,568 Sold Price as of 08/24/2022 Refinance Your Mortgage

Map preview of 4911 Aldama St, Los Angeles, CA 90042

Property Overview: 4911 Aldama St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,890 living square feet and 7,494 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Value Add opportunity in Highland Park near Ave 50 and El Paso! Two detached homes on one lot, near York Blvd and Figueroa - Highland Park's main thoroughfares. The front home is tenant occupied, 890 SF and features (2Br+1Ba) plus an attached garage. The rear house is gated and features a sizeable front yard with one surface parking space. It is owner-occupied and will be delivered vacant. At 1,000 SF, the rear house features (1Br+1Ba) and is in need of a full remodel. It will not qualify for FHA or conventional financing.

Listed by Dana Coronado | BRE #01746702 | Equity Union
Last checked: 3 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,494
HOA Dues
$0/mo
Year built
1947
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
22171269
City
Los Angeles
County
Los Angeles
Time on Site
676 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: 13.77
  • Gross Scheduled Income: --
  • Net Operating Income: $38,236
  • Gross Operating Income: $54,480
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4911 Aldama St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Wood
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Single Door, Uncovered
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5471015034
  • Foundation Details: Slab, Raised
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Main Cross Streets: El Paso Dr & N Ave 50
View more facts & features

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Sale History for 4911 Aldama St

Last sold for $848,568 on August 24th, 2022
  • August, 2022

  • Aug 24, 2022

    Date

    Sold

    CRMLS: 22171269

    $848,568

    Price

  • Jul 15, 2022

    Date

    Active

    CRMLS: 22171269

    $750,000

    Price

  • April, 2003

  • Apr 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

Show More

Tax History for 4911 Aldama St

Assessed Value (2020): $324,439
Year Land Value Improved Value Assessed Value
2020 $198,640 $125,799 $324,439

Home Value Compared to the Market

This property vs the competition

4911 Aldama St sold on August 24, 2022 for 33.63% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $396.83 per/sqft which puts the price per square foot 47.37% lower than the current median sale per square foot for the city of Los Angeles.

About 4911 Aldama St

Detailed summary of property

4911 Aldama St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,890 living square feet, and sits on an approximately 7,494 square foot lot. 4911 Aldama St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $848,568. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.63% lower than the current median priced home. Local homes that are currently for sale include 135 N Avenue 25, 2415 Gates St and 2803 Denby Ave. While the average home in Los Angeles, CA is selling in 94 days, 4911 Aldama St has a days on market of 12 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 4911 Aldama St 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 4911 Aldama St

Public county record property details
Beds
3
Baths
2
Year built
1947
Sq. Ft.
1,890
Lot Size
7,493
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
5471-015-034

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
$1,100,000
Median List Price/Sq.Ft.
$759
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$763
Total Inventory
94
Median Sale to List Price %
115.91%
Avg Days on Market
20
Loan Type
Conventional (31.25%), FHA (0%), VA (0%), Cash (18.75%), Other (9.38%)

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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.