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7003 4Th Ave, Los Angeles, CA 90043
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7003 4Th Ave Los Angeles, CA 90043

$920,000 Sold Price as of 03/06/2024
  • 7 Beds
  • 3.5 Baths
  • 2,916 Sq.Ft.
Sold
$920,000 Sold Price as of 03/06/2024 Refinance Your Mortgage
Map preview of 7003 4Th Ave, Los Angeles, CA 90043

Property Overview: 7003 4Th Ave Los Angeles, CA has 7 bedrooms, 3.5 bathrooms, 2,916 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 7003 4th Avenue in Los Angeles – A prime investment opportunity! This corner lot property boasts three units, including a charming 3-bed, 1.5-bath Single Family Residence with a private front and back yard, along with an outdoor laundry area and a separate entrance for added convenience. The duplex features two well-designed 2-bed, 1-bath units, each with its own private entrance, making this an ideal rental property or a perfect residence for an owner-occupant looking to capitalize on rental income. Don't miss this chance to invest in a versatile property in the heart of Los Angeles!

Listed by Denice Garcia | BRE #01766479 | KW Executive
Last checked: 11 minutes ago | Last updated: March 9th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
AR24017029
City
Los Angeles
County
Los Angeles
Time on Site
111 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: --
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $2,000
  • Total Rent: --
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $18,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,600
  • Water/Sewer: $3,600

Property Details for 7003 4Th Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 4008023028
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Florence Ave/ S. Van Ness Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 7003 4Th Ave

Last sold for $920,000 on March 6th, 2024

  • March, 2024

  • Mar 6, 2024

    Date

    Sold

    CRMLS: AR24017029

    $920,000

    Price

  • Jan 27, 2024

    Date

    Active

    CRMLS: AR24017029

    $849,999

    Price

  • November, 2009

  • Nov 13, 2009

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

  • July, 2008

  • Jul 18, 2008

    Date

    Sold (Public Records)

    Public Records

    $498,500

    Price

Show More

Tax History for 7003 4Th Ave

Assessed Value (2020): $413,094
Year Land Value Improved Value Assessed Value
2020 $330,478 $82,616 $413,094

Home Value Compared to the Market

This property vs the competition

7003 4Th Ave sold on March 6, 2024 for 28.57% 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 $291.49 per/sqft which puts the price per square foot 61.39% lower than the current median sale per square foot for the city of Los Angeles.

About 7003 4Th Ave

Detailed summary of property

7003 4Th Ave is a triplex that recently sold in Los Angeles, CA 90043. This triplex offered 7 bedrooms, 3.5 bathrooms, roughly 2,916 living square feet, and sits on an approximately 6,001 square foot lot. 7003 4Th Ave was first listed on ArdentRealEstateGroup.com on January 27, 2024. The homeowner sold the property for $920,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 5700 S Gramercy Pl, 1726 W 60th St and 5739 S St. Andrews Pl. While the average home in Los Angeles, CA is selling in 94 days, 7003 4Th Ave has a days on market of 5 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 7003 4Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7003 4Th Ave

Public county record property details
Beds
7
Baths
3
Year built
1928
Sq. Ft.
2,912
Lot Size
6,000
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4008-023-028

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 7003 4Th Ave

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Recently Sold Homes Near 7003 4Th Ave

7007 4th Ave, Los Angeles, CA 90043
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7007 4th Ave
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7050 6Th Ave, Los Angeles, CA 90043
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$870,000 Last Sold Price
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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.

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