4952 Ferndale St, Los Angeles, CA 90016
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4952 Ferndale St Los Angeles, CA 90016

$1,425,000 Sold Price as of 06/03/2022
  • 6 Beds
  • 4 Baths
  • 2,472 Sq.Ft.
Sold
$1,425,000 Sold Price as of 06/03/2022 Refinance Your Mortgage

Map preview of 4952 Ferndale St, Los Angeles, CA 90016

Property Overview: 4952 Ferndale St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,472 living square feet and 5,308 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous Turnkey investment property located in the heart of Los Angeles! This beautiful duplex was extensively remodeled in 2020 and will be delivered VACANT!!! Live in one and rent out the other, the possibilities are endless in this AMAZING income property! Both units have 3 bedrooms and 2 bathrooms each with a huge enclosed bonus space as well! Brand new remodeled kitchens, bathrooms, windows, and flooring in both units. New quartz countertops, recessed lighting, stainless steel appliances, electrical panels, water heater, new split AC system in every room and so much more!!! Laundry has been installed in both units as well! This Gem also has a huge fenced in side yard, gated parking for multiple cars, plus a 2 car garage! Plenty of room to add an ADU for additional income!! MUST SEE!!! WONT LAST LONG!!!!

Listed by Amy Black | BRE #01454740 | Redfin
Last checked: 14 minutes ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
5,308
HOA Dues
$0/mo
Year built
1961
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22148647
City
Los Angeles
County
Los Angeles
Time on Site
744 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $3,080
  • Pro Forma/Market Rent: $6,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $35,098
  • Gross Operating Income: $36,960
  • Other Income 1: $3,080
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 4952 Ferndale St

Interior Features
Heating Information
  • Has Heating
  • Combination, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Flooring: Wood, Laminate, Tile
  • Bonus Room, Den, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Range, Oven
Interior Features
  • Ceiling Fan(s), Crown Molding, Living Room Balcony, Recessed Lighting, Open Floorplan
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Covered, Gated, Garage - Two Door, Boat, Private, Guest
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5049011039
Location / Neighborhood
Location Information
  • Directions: If you are going east on the 10 freeway you will exit on La Brea and turn right. Then go a few blocks and turn left on Ferndale, then the property will be on your right side.
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Sale History for 4952 Ferndale St

Last sold for $1,425,000 on June 3rd, 2022
  • June, 2022

  • Jun 3, 2022

    Date

    Sold

    CRMLS: 22148647

    $1,425,000

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: 22148647

    $1,099,000

    Price

  • March, 2020

  • Mar 27, 2020

    Date

    Sold

    CRMLS: OC19205231

    $780,000

    Price

  • Feb 5, 2020

    Date

    Active Under Contract

    CRMLS: OC19205231

    $873,000

    Price

  • Aug 28, 2019

    Date

    Active

    CRMLS: OC19205231

    $873,000

    Price

  • Listing provided courtesy of CRMLS

    Centrally located duplex in Los Angeles! So many possibilities! A great investment opportunity! Live in one unit and rent out the other, rent out both units, or simply enjoy living in both units yourself—so much space! Need an in-law suite for aging parents? Here is a great solution! Each unit has three bedrooms and a bathroom for a total of 6 bedrooms and two bathrooms. A fenced yard and courtyard are perfect for pets and youngsters, and parking is made easy with two garage stalls. The duplex boasts easy access to South La Brea and the freeway.

  • March, 2020

  • Mar 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $801,000

    Price

  • September, 2006

  • Sep 13, 2006

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

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Tax History for 4952 Ferndale St

Assessed Value (2020): $841,860
Year Land Value Improved Value Assessed Value
2020 $510,000 $331,860 $841,860

Home Value Compared to the Market

This property vs the competition

4952 Ferndale St sold on June 3, 2022 for 7.65% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $444.58 per/sqft which puts the price per square foot 41.12% lower than the current median sale per square foot for the city of Los Angeles.

About 4952 Ferndale St

Detailed summary of property

4952 Ferndale St is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,472 living square feet, and sits on an approximately 5,308 square foot lot. 4952 Ferndale St was first listed on ArdentRealEstateGroup.com on April 25, 2022. The homeowner sold the property for $1,425,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.65% lower than the current median priced home. Local homes that are currently for sale include 3809 W 30th St, 1637 S Highland Ave and 2000 Clyde Ave. While the average home in Los Angeles, CA is selling in 94 days, 4952 Ferndale St has a days on market of 9 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 4952 Ferndale St Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4952 Ferndale St

Public county record property details
Beds
3
Baths
2
Year built
1961
Sq. Ft.
2,472
Lot Size
5,307
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
122
APN
5049-011-039

The source for these homes facts are from public records.

90016 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.
$781
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
73
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 4952 Ferndale St

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.