4913 Lynnfield St, Los Angeles, CA 90032
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4913 Lynnfield St Los Angeles, CA 90032

$749,000
  • 2 Beds
  • 1 Baths
  • 690 Sq.Ft.
For Sale
$749,000 Get Pre-Qualified

Map preview of 4913 Lynnfield St, Los Angeles, CA 90032

Property Overview: 4913 Lynnfield St Los Angeles, CA has 2 bedrooms, 1 bathrooms, 690 living square feet and 4,861 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: A wonderful opportunity awaits in one of the highly sought after neighborhoods in the vibrant Northeast LA! The property features a recently remodeled 1 bedroom, 1 bath home, plus a lower level that already started and mostly completed finishings for a JRADU unit, there are must a few items needed to wrap up permitting for this unit. In addition, there is also RTI plans approved by the city included and ready for you to build a detached ADU unit. This property offers tremendous potential for an owner-user with tons of potential for market rents to help subsidize your mortgage or makes for an ideal rental investment for the investor looking to capture tremendous equity build up with the value-add of 2 additional units and excellent performing cap rate with 3 units at market rent. Conveniently located within minutes to DTLA, USC medical Ctr, Pasadena, Glendale, and minutes from the trendy Fig & York corridor in Northeast LA!

Listed by Daniel Portillo | BRE #01181613 | eXp Realty of California, Inc.
Last checked: 14 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 3
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Home details

Lot Sq. Ft
4,861
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
P1-17494
City
Los Angeles
County
Los Angeles
Time on Site
14 days

Open Houses for 4913 Lynnfield St

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Property Details for 4913 Lynnfield St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator, Free-Standing Range, Microwave
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • See Remarks
  • No Spa
  • Spa Features: None
  • No Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete, Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Detached Carport, Driveway
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5218010036
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: xst. Phelps
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Los Angeles Agent

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Sale History for 4913 Lynnfield St

Last sold for $505,000 on September 8th, 2022
  • May, 2024

  • May 3, 2024

    Date

    Active

    CRMLS: P1-17494

    $749,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: DW23120886

    $769,000

    Price

  • Jul 6, 2023

    Date

    Active

    CRMLS: DW23120886

    $820,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to live in El Sereno! This property is located in a prime location with easy access to major freeways such as the 710, 10, 5, and 110, making commuting a breeze. Situated close to various stores, restaurants, hospitals, and other amenities, this home offers convenience at its best. With a lot of potential, this property presents a great income opportunity. The main level of the house features fully renovated one bedroom and one bathroom, providing comfortable living space. Additionally, the owner has already submi tted the plans and corrections to the city for a full Accessory Dwelling Unit (ADU) with 672 sqft. with one bedroom and one bathroom. The approval process for the ADU is nearing completion, awaiting final city approval. Furthermore, in the lower level of the property you can found a Junior ADU (Jr. ADU) 495sqft + 150 sqft. storage. The construction is completed without the final permits. The plans and corrections for the Jr. ADU have been submitted as well and Owner is also awaiting final approval. These additions offer tremendous potential for additional living space or rental income. One notable feature of this property is its long driveway, which eliminates parking problems commonly faced in the area. Additionally, there is a carport that can accommodate up to four cars. The carport's roof can be reinforced and connected to the main house, creating a spacious deck area with stunning city views. This unique opportunity allows for creative customization and outdoor enjoyment. In summary, 4913 Lynnfield Street presents endless possibilities for both homeowners and investors. Take advantage of the prime location, the potential for additional living space through the ADU and Jr. ADU, and the flexibility of the long driveway and carport. Don't miss out on this chance to own a property with great income potential and the ability to create your dream home.

  • April, 2022

  • Apr 12, 2022

    Date

    Coming Soon

    CRMLS: RS22073722

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to live in El Sereno. The property has one bedroom on the 1st level. There is another bedroom with a half bathroom down stairs. The stairway is on the back portion of the home, behind the kitchen area. You have one full bathroom on the 1st floor. The lower level has a large carport. The driveway slopes down to the carport. You have a backyard on the lower level of the lot that you must go down a few steps. The property is in need of repairs and upgrades.

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Tax History for 4913 Lynnfield St

Assessed Value (2020): $198,628
Year Land Value Improved Value Assessed Value
2020 $132,423 $66,205 $198,628

Home Value Compared to the Market

This property vs the competition

4913 Lynnfield St is listed 40.03% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1085.51 per/sqft which puts the price per square foot 40.25% higher than the median price per square foot for the city of Los Angeles.

About 4913 Lynnfield St

Detailed summary of property

4913 Lynnfield St is a single family home located in Los Angeles, CA 90032 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 690 living square feet, and sits on an approximately 4,861 square foot lot. 4913 Lynnfield St was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $749,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40.03% lower than the median priced home. Local competing homes currently for sale include 3937 Van Horne Ave, 5148 O Sullivan Dr and 5301 Huntington Dr. While the average home in Los Angeles, CA is selling in 94 days, 4913 Lynnfield St has a days on market of 3 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4913 Lynnfield St Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4913 Lynnfield St

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
690
Lot Size
4,851
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
189
APN
5218-010-036

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
64
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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.