1237 4th Avenue

Los Angeles, CA 90019

$1,699,000
Price
4
Beds
2
Baths
4,874 Sq. Ft.
$349 / Sq. Ft.
4,874
Sq. Ft.
$349
per Sq. Ft.

Description

Wonderful and well maintained four units in a nice neighborhood. Building has been remodeled with many upgrades in kitchens and bathrooms. Each unit is very spacious with an open floor plan. It has lots of parking spaces( more than 8) and each unit has a laundry hook-up. Great investment property in a good rental area. Showing with accepted offer only. The profile shows 4 beds + 2 baths, the actual using 8 Beds + 6 Baths. Buyer to verify permit. Do not disturb tenants!Wonderful and well maintained four units in a nice neighborhood. Building has been remodeled with many upgrades in kitchens and bathrooms. Each unit is very spacious with an open floor plan. It has lots of parking spaces( more than 8) and each unit has a laundry hook-up. Great investment property in a good rental area. Showing with accepted offer only. The profile shows 4 beds + 2 baths, the actual using 8 Beds + 6 Baths. Buyer to verify permit. Do not disturb tenants!
  1. Listed by Seong Kelly Chong • DRE #01273557 • Brokerage DRE #01350852 • Dream Realty & Investments Inc

Property Details for 1237 4th Avenue

Zoning
LARD1.5
Parcel Number
5081013007
Total Units
4.0
Living Area
4874
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
0
Lot Size Area
8100
LISTING UPDATED: 08/15/2024 12:59 PM

Property Details for 1237 4th Avenue

StatusActive
MLS #24-399345
Days on Market165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.19 AC / 8,100 SF
CountyLos Angeles County

Building Information for 1237 4th Avenue

Stories2Residences-Year Built1922Building Size-Lot Size0.19 AC / 8,100 SF

Property Information for 1237 4th Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $99,600
  • Net Operating Income: $71,852.00
  • Gross Income: $99,600
  • Cap Rate: 4.23%
  • Gross Rent Multiplier: $17.05
  • Actual Annual Gross Rent: $99,600.00
  • Total Annual Expense: 27748
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.186
  • Lot Size Square Feet: 8100
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached, Gated, Uncovered
  • Total Parking: 9
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 4
  • Parking Features: Gated, Uncovered
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 06-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $1,900.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $284,456.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $663,732.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $948,188.00

Property History for 1237 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1237 4th Avenue

Taxable ValueLand$690,546Additions$295,947Total$986,493
Tax Record2024$12,565 ($1,047 / month)
Home Facts
Total Finished SqFt4,874 SqFtAbove Grade Finished SqFt4,874 SqFtLot Size8,100 SqFtStyleQuadraplexYear Built1922ZoningLARD1.5CountyLOS ANGELESAPN5081-013-007

Schools near 1237 4th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Pio Pico Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1237 4th Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on June 10, 2024 by Dream Realty & Investments Inc, it's currently listed at $1,699,000. It has been on the market for a total of 165 days and was last sold on September 10, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School and Los Angeles Senior High School. 1237 4th Avenue is a 4-bed, 2-bath, 4,874 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dream Realty & Investments Inc, Seong Kelly Chong, DRE #01273557

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.