4929 Lynnfield St, Los Angeles, CA 90032
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4929 Lynnfield St Los Angeles, CA 90032

$4,695,000
  • 35 Beds
  • 20 Baths
  • 14,785 Sq.Ft.
For Sale
$4,695,000 Get Pre-Qualified

Map preview of 4929 Lynnfield St, Los Angeles, CA 90032

Property Overview: 4929 Lynnfield St Los Angeles, CA has 35 bedrooms, 20 bathrooms, 14,785 living square feet and 13,039 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: 16 Units + 4 Recently Built ADUs | (5) One-Bedroom Units and (15) Two-Bedroom Units. Attractive Town-Home Floor Plans with Balconies and Hillside Views! Property Offers Secure Gated Entry, Parking and Laundry Facilities for Tenants!

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 7 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 45
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Home details

Lot Sq. Ft
13,039
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24366729
City
Los Angeles
County
Los Angeles
Time on Site
48 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,230
  • Total Rent: $11,150
  • Pro Forma/Market Rent: $11,250
Unit Breakdown 2
  • # of Units: 15
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,091
  • Total Rent: $31,369
  • Pro Forma/Market Rent: $38,636
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.94%
  • Gross Rent Multiplier: 9.2
  • Gross Scheduled Income: --
  • Net Operating Income: $325,913
  • Gross Operating Income: $519,848
  • Other Income 1: $9,615
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 4929 Lynnfield St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 20
  • Parcel Number: 5218010040
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Chadwick Dr, East of Phelps Ave, South of Gambier st, and North of Lynnfield Cir.
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Sale History for 4929 Lynnfield St

Last leased for $2,150 on July 29th, 2020
  • March, 2024

  • Mar 8, 2024

    Date

    Active

    CRMLS: 24366729

    $4,995,000

    Price

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: TR20170868

    $2,263

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: TR20170868

    $2,263

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: TR20170868

    $2,150

    Price

  • Aug 23, 2020

    Date

    Coming Soon

    CRMLS: TR20170868

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    This 2 Bed, 1 bath apartment is walking distance to nearby elementary and middle school. Easy access to 710, 101, 10 and 5 freeways. Near public transportation, CAL State LA and Downtown LA's best restaurants and entertainment. Get a townhome feel with nobody above or below you. This unit includes appliances. Utilities include water & trash. This is a no pet Complex

  • December, 2020

  • Dec 18, 2020

    Date

    Canceled

    CRMLS: TR20208511

    $2,150

    Price

  • Oct 14, 2020

    Date

    Active

    CRMLS: TR20208511

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    This 2 Bedroom, 1 Bathroom is walking distance to a nearby elementary school and middle school. Near Public transportation, CAL State LA and Downtown LA's dining and entertainment. Easy access to nearby freeways. Nobody above or below you. This unit includes appliances. Utilities includes water & trash.

  • July, 2020

  • Jul 30, 2020

    Date

    Leased

    CRMLS: TR20101104

    $2,150

    Price

  • Jul 14, 2020

    Date

    Price Change

    CRMLS: TR20101104

    $2,150

    Price

  • Jul 2, 2020

    Date

    Price Change

    CRMLS: TR20101104

    $2,175

    Price

  • Jun 18, 2020

    Date

    Price Change

    CRMLS: TR20101104

    $2,200

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: TR20101104

    $2,225

    Price

  • Listing provided courtesy of CRMLS

    This 2 Bed, 1 bath townhome is walking distance to nearby elementary and middle school. Easy access to 710, 101, 10 and 5 freeways. Near public transportation, CAL State LA and Downtown LA's best restaurants and entertainment. This unit includes appliances as well as a washer and dryer. Utilities include water & trash. This is a no pet Complex 2 weeks free rent

  • June, 2020

  • Jun 3, 2020

    Date

    Leased

    CRMLS: TR20005778

    $2,150

    Price

  • Jan 9, 2020

    Date

    Active

    CRMLS: TR20005778

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bed, 1 bath townhome with new appliances and new flooring throughout. Includes 1 carport parking space. Walking distance to nearby elementary and middle school. Easy Access to 710, 101, 10 and 5 Freeways. Near public transportation, CAL State LA and Downtown LA's best restaurants & entertainment. Utilities include water & trash. This is a no pet complex.

  • May, 2020

  • May 29, 2020

    Date

    Leased

    CRMLS: TR20060510

    $2,150

    Price

  • Mar 20, 2020

    Date

    Active

    CRMLS: TR20060510

    $2,050

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled 2 bed, 1 bath apartment with new appliances and new flooring throughout. Includes 1 carport parking space. Walking distance to nearby elementary and middle school. Easy Access to 710, 101, 10 and 5 Freeways. Near public transportation, CAL State LA and Downtown LA's best restaurants & entertainment. Utilities include water & trash. This is a no pet complex.

  • June, 2018

  • Jun 29, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,900,000

    Price

  • February, 2017

  • Feb 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,390,000

    Price

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Tax History for 4929 Lynnfield St

Assessed Value (2020): $3,018,760
Year Land Value Improved Value Assessed Value
2020 $1,508,580 $1,510,180 $3,018,760

Home Value Compared to the Market

This property vs the competition

4929 Lynnfield St is listed 279.85% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $317.55 per/sqft which puts the price per square foot 58.92% lower than the median price per square foot for the city of Los Angeles.

About 4929 Lynnfield St

Detailed summary of property

4929 Lynnfield St is a multi family located in Los Angeles, CA 90032 and is currently for sale. This multi family property offers 35 bedrooms, 20 bathrooms, roughly 14,785 living square feet, and sits on an approximately 13,039 square foot lot. 4929 Lynnfield St was first listed on ArdentRealEstateGroup.com on March 11, 2024. The homeowner is currently asking $4,695,000 and was originally asking $4,995,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 279.85% higher than the median priced home. Local competing homes currently for sale include 500 S Union Ave, 260 Linda Rosa Ave and 3365 Hamilton Way. While the average home in Los Angeles, CA is selling in 96 days, 4929 Lynnfield St has a days on market of 45 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4929 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 4929 Lynnfield St

Public county record property details
Beds
--
Baths
16
Year built
1965
Sq. Ft.
13,585
Lot Size
13,034
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
193,194
APN
5218-010-040

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
$858,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$965,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
56
Median Sale to List Price %
98.98%
Avg Days on Market
35
Loan Type
Conventional (45.45%), FHA (9.09%), VA (0%), Cash (9.09%), Other (9.09%)

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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.