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7007 4Th Ave, Los Angeles, CA 90043
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7007 4Th Ave Los Angeles, CA 90043

$1,100,000 Sold Price as of 09/19/2023
  • 6 Beds
  • 3.5 Baths
  • 2,564 Sq.Ft.
Sold
$1,100,000 Sold Price as of 09/19/2023 Refinance Your Mortgage
Map preview of 7007 4Th Ave, Los Angeles, CA 90043

Property Overview: 7007 4Th Ave Los Angeles, CA has 6 bedrooms, 3.5 bathrooms, 2,564 living square feet and 5,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to a newly renovated and remodeled duplex plus ADU in the neighborhood of Hyde Park, Los Angeles. This property consists of two (2) 2 bed/1 bath and a newly built 2 bed/2 bath detached ADU in the back, making it the perfect owner-user opportunity. All units boast laminate flooring, quartz countertops, A/C, and brand new stainless steel appliances. The duplex includes in-unit washer/dryer and the detached ADU includes a washer/dryer hookup. There are three uncovered parking spots on the property. The units are separately metered for gas and electric. This is located in a prime location of Los Angeles - less than 3 miles to the Kia Forum and Sofi Stadium, less than 6 miles from LAX and the University of Southern California.

Listed by Lorraine Tan | BRE #01971639 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 9 minutes ago | Last updated: September 25th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,995
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
SB23100477
City
Los Angeles
County
Los Angeles
Time on Site
342 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $92,400
  • Net Operating Income: $72,103
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,525
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 7007 4Th Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 4008023027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located off of Florence and 4th Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 7007 4Th Ave

Last sold for $1,100,000 on September 19th, 2023

  • September, 2023

  • Sep 19, 2023

    Date

    Sold

    CRMLS: SB23100477

    $1,100,000

    Price

  • Jun 8, 2023

    Date

    Active

    CRMLS: SB23100477

    $1,100,000

    Price

  • September, 2021

  • Sep 8, 2021

    Date

    Active

    CRMLS: 21781458

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT OPPORTUNITY, OR OWNER/USER. SELLER IS MOTIVATED, SO HURRY AND SUBMIT YOUR OFFER. ALL OFFERS ARE "SUBJECT TO INTERIOR INSPECTION". PLEASE DO NOT DISTURB THE OCCUPANTS OR WALK THE PROPERTY.

  • May, 2021

  • May 13, 2021

    Date

    Canceled

    CRMLS: 21718716

    $729,000

    Price

  • May 9, 2021

    Date

    Hold

    CRMLS: 21718716

    $729,000

    Price

  • Apr 29, 2021

    Date

    Active

    CRMLS: 21718716

    $729,000

    Price

  • Apr 14, 2021

    Date

    Coming Soon

    CRMLS: 21718716

    $729,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2019

  • Feb 25, 2019

    Date

    Canceled

    CRMLS: IN19017183

    $575,000

    Price

  • Jan 23, 2019

    Date

    Active

    CRMLS: IN19017183

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    Good stucco duplex in nice neighborhood.

  • September, 2009

  • Sep 28, 2009

    Date

    Sold (Public Records)

    Public Records

    $199,000

    Price

  • March, 2008

  • Mar 28, 2008

    Date

    Sold (Public Records)

    Public Records

    $420,825

    Price

Show More

Tax History for 7007 4Th Ave

Assessed Value (2020): $234,867
Year Land Value Improved Value Assessed Value
2020 $141,631 $93,236 $234,867

Home Value Compared to the Market

This property vs the competition

7007 4Th Ave sold on September 19, 2023 for 7.56% 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 $429.02 per/sqft which puts the price per square foot 43.18% lower than the current median sale per square foot for the city of Los Angeles.

About 7007 4Th Ave

Detailed summary of property

7007 4Th Ave is a duplex that recently sold in Los Angeles, CA 90043. This duplex offered 6 bedrooms, 3.5 bathrooms, roughly 2,564 living square feet, and sits on an approximately 5,995 square foot lot. 7007 4Th Ave was first listed on ArdentRealEstateGroup.com on June 9, 2023. The homeowner sold the property for $1,100,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 1601 W 59th Pl, 1601 W 59th Pl and 1423 W 65th St. While the average home in Los Angeles, CA is selling in 94 days, 7007 4Th Ave has a days on market of 8 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 7007 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 7007 4Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
1,994
Lot Size
5,994
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
4008-023-027

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

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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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