4058 9th Avenue, Unit 1
Los Angeles, CA 90008
$1,393,000
Price
5
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Description
Check out this 1951 mid-century corner Triplex in re-imagined Lemeirt Park area of Los Angeles! In 2017 & 2019, Designer updated the two 2-bedroom + 1 bath units by adding a bright & modern canvas, including laminate/hardwood floors, as well as one of the two-bedroom units having LG combo washer/dryer unit. The front cottage-like 1-bedroom unit has updated plumbing fixtures & hardwood floors. In July 2024, repiped mainline pipes were installed. Triplex is adjacent to L. A.' s landmark "Presidential...Check out this 1951 mid-century corner Triplex in re-imagined Lemeirt Park area of Los Angeles! In 2017 & 2019, Designer updated the two 2-bedroom + 1 bath units by adding a bright & modern canvas, including laminate/hardwood floors, as well as one of the two-bedroom units having LG combo washer/dryer unit. The front cottage-like 1-bedroom unit has updated plumbing fixtures & hardwood floors. In July 2024, repiped mainline pipes were installed. Triplex is adjacent to L. A.' s landmark "Presidential Row" boulevards of Leimert Park. So centrally located, on corner of the highly trafficked but historic Martin Luther King Jr Blvd, you can forget freeway travel, for unit is straight way by surface streets to downtown, LAX, Culver City, Beverly Hills or Santa Monica. Added amenities include: boutique setting of only 3 units; come in & out through 2-unit's own front and rear doors; triplex ensconced in mature palm trees & cacti w/drip system; newer stainless steel stove, hood & refrigerator in 2-bedroom units; 3 garages configured w/a 2-car shared parking & storage bin & a 1 one-car private garage w/storage bin; 2-bedroom units have: mixture of newer tile floors in kitchen & bath; newer granite counters in kitchen; smart recess lighting in kitchen & center hall; newer modern bedroom ceiling fans; & all units have newer hot water heaters. The property has exterior laundry & storage rooms. Audubon Middle Schools' sports field is across the street. Stroll through nearby Lemeirt Park Plaza, referred to by some as a center of a contemporary art scene in Los Angeles and likened to a west coast "Greenwich Village" w/popular art galleries, blues and jazz clubs, theaters for musicals, dramatic performances, comedy specials, poetry readings, & the historic Vision Theater. Buyers are advised: 1) photos/videos were taken prior to tenants occupancy; 2) verify all square footages mentioned in listing. Units now are all Tenant occupied but 1 Tenant in 2 bedroom unit has recently indicated they may move out in 3 months. Seller may consider a carry back. Seller may consider 1031 exchange. Please do not disturb Tenants. Feel free to drive by 1st to view: 1) exterior; 2) neighborhood; pictures; floor plan; & virtual tour, & 3) confirm w/permit agencies square footages & bedroom/bathroom counts. If interested, submit offer, subject to interior view of tenant units, w/POF, paystubs, statements, evidence of FICO score, loan approval evidence, etc for Seller approval. Broker is part Owner/Trustee of subject property.
- Listed by Vanessa Jollivette • DRE #00811355 • Brokerage DRE #00811355 • B Jollivette & Associates Inc
Property Details for 4058 9th Avenue, Unit 1
Water Front
None
ZoningLAR3
StyleTraditional
Cross StreetsMartin Luther King Blvd
Accessibility FeaturesNone
Parcel Number5023001017
Total Units3.0
AreaPark Hills Heights (PHHT)
LISTING UPDATED: 12/28/2024 05:23 PM
Property Details for 4058 9th Avenue, Unit 1
| Status | Active |
|---|---|
| MLS # | 24-431319 |
| Days on Market | 6 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1951 |
| Lot Size | 0.09 AC / 4,093 SF |
| County | Los Angeles County |
Building Information for 4058 9th Avenue, Unit 1
Stories2Residences-Year Built1951Building Size-Lot Size0.09 AC / 4,093 SF
Property Information for 4058 9th Avenue, Unit 1
Community / Development
Community / Development
- Number Of Units: 3
- Amenities: None
- Senior Community: No
Structure Info
Structure Info
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Triplex
- Unit Number: 1
- View: No
- View Description: None
- View: None
- Entry Floor Number: 1
- Security Features: Carbon Monoxide Detector(s), Smoke Detector, Window Bars
- Direction Faces: North
- Property Condition: Updated/Remodeled, Repair Cosmetic
- Water: Public, In Street, District
- Water Heaters: Yes
- ADA Compliance: No
- Water Heater Features: Gas, Water Heater Unit
Contract Info
Contract Info
- Probate: No
- Financing: Cash, Cash To New Loan, Owner May Carry, Trust Conveyance
- Disclosures: As Is, Earthquake Insurance Available, Home Warranty Plan, LA/Owner Related, Owner Has R.E. License, Owner Is Listing Agent, Rent Control, Seller/Owner/Principal RE Licensed, Termite - Report Only
- Listing Type: Exclusive Agency
- Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
- Scheduled Actual: Actual
- Gross Operating Income: $70,363
- Net Operating Income: $49,308.00
- Gross Income: $70,633
- Gross Rent Multiplier: $.00
- Actual Annual Gross Rent: $70,363.00
- Actual Gross Annual Income: $70,363
- Other Income1: $70,633.00
- Actual Rent Total: $70,363.00
- Financial Info as Of: 08/23/2024
- Vacancy Allow Dollar: $.00
- Owner Pays: Electricity, Gardener, Water, Gas
- Total Annual Expense: 15855.82
- Water Expense: $2,354.00
- Gas Expense: $154
- Electric Expense: $996.00
- Tax Expense: $1,519
- Gardener Expense: $2,296
- Insurance Expense: $5,897
Land / Lot Info
Land / Lot Info
- Alley: Yes
- Paved: Yes
- Lot Acreage: 0.094
- Lot Size Square Feet: 4093
- Lot Description: Alley Paved, Lot-Level/Flat, Street Lighting
- Lot Location: City, Corner Lot, Near Public Transit, Alley Access
Parking Details
Parking Details
- Parking Garage: Assigned, Controlled Entrance, Door Opener, Side By Side, Built-In Storage, Covered Parking, Garage - 1 Car, Garage - 2 Car, Garage Is Attached, Private
- Total Parking: 3
- Covered Parking: 3
- Open Other Spaces Total: 0
- Garage Spaces Total: 3
- Parking Features: Assigned, Controlled Entrance, Garage Door Opener, Side by Side, Built-In Storage, Covered, Garage - Single Door, Garage - Two Door, Private
- Attached Garage: Yes
- Garage Structures Total: 2.0
Interior Features
Interior Features
- Room Type: Center Hall, Living Room
- Rooms: Center Hall, Dining Room, Living Room
- Levels: Ground Level, One
- Fireplace Features: None
- Fireplace Rooms: None
- Den: No
- Family Room: 0
- Dining Room: 1
- Cooling Type: Ceiling Fan, Wall Unit(s)
- Heating: Space Heater, Wall Furnace
- Heating Type: Space Heater, Wall
- Flooring: Hardwood, Laminate
- Equipment: Ceiling Fan, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
- Interior Features: Common Walls, Crown Moldings, Drywall Walls, Mirrored Closet Door(s), Recessed Lighting, Storage Space, Tandem
- Room Kitchen Features: Granite Counters, Remodeled Kitchen, Tile Counters
- Kitchen Features: Granite Counters, Remodeled, Tile Counters
- Room Bathroom Features: Linen Closet/Storage, Remodeled, Tile Counters
- Bathroom Features: Linen Closet, Remodeled, Shower Over Tub, Tile
- Bedroom Features: All Bedrooms Down
- Common Walls: Attached
- Cooking Appliances: Cooktop - Gas, Free Standing Gas, Oven-Gas, Range, Range Hood, Gas
- Laundry: In Kitchen, Inside, Room, In Unit
- Laundry Equipment: Own
- Disability Access: None
- TV Services: Cable TV, TV Satellite Dish, TV Satellite Dish - Leased
Exterior Features
Exterior Features
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- Roof: Composition, Shingle
- Sprinklers: Sprinkler Timer, Sprinkler System, Side, Front, Manual
- Patio Features: None
- Entry Location: Ground Level w/steps
- Windows: Screens, Window Blinds
- New Construction: No
- Construction Materials: Other, Stucco
- Exterior Construction: Other, Stucco
- Foundation Details: Raised
- Other Structures: Other
Lease Terms
Lease Terms
- Entry Date: 12-08-2024
- Listing Terms: Cash, Cash To New Loan, Owner May Carry, Take Property As Is, Trust Conveyance
- Rent Control: Yes
- Rent Control: 100
- Garage Rental Rate: 0
- Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee, Air Cond/Heat Maint, Special, Trash Collection
Unit Details
Unit 1 Information
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,324.00
- Unit Actual Rent: $1,324.00
- Unit Projected Rent: $1,750.00
- Like Units: 20
Unit 2 Information
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,666.00
- Unit Actual Rent: $2,666.00
- Unit Projected Rent: $2,666.00
- Like Units: 58
Unit 3 Information
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,991.00
- Unit Actual Rent: $1,991.00
- Unit Projected Rent: $2,666.00
- Like Units: 60
Unit Details
- Unit Type Type: 2106, 2107, 2108
Property History for 4058 9th Avenue, Unit 1
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4058 9th Avenue, Unit 1
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Forty-Second Street Elementary School PublicK to 5 | ||
New Heights Charter School CharterK to 8 | ||
Crenshaw Arts-Technology Charter High School Charter9 to 12 |
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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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 B Jollivette & Associates Inc, Vanessa Jollivette, DRE #00811355
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.