4116 Garthwaite Avenue

Los Angeles, CA 90008

$1,695,000
Price
6
Beds
6
Baths
4,830 Sq. Ft.
$351 / Sq. Ft.
4,830
Sq. Ft.
$351
per Sq. Ft.

Description

The seller decided to paint the exterior of the building. Three of the vacant units have been upgraded and painted on the inside, with new flooring in two of the kitchens. The wires have been upgraded in the units, and the owner decided to upgrade the master panel. If the property is all rented out, it will cash flow handsomely. Currently, there are 2 vacant units available; they are soon to be rented out.The seller decided to paint the exterior of the building. Three of the vacant units have been upgraded and painted on the inside, with new flooring in two of the kitchens. The wires have been upgraded in the units, and the owner decided to upgrade the master panel. If the property is all rented out, it will cash flow handsomely. Currently, there are 2 vacant units available; they are soon to be rented out.
  1. Listed by Lisa Carr Smith • DRE #01189469 • Brokerage DRE #01189469 • Lisa Carr & Associates
  2. Listed by Rosalyn Reese • DRE #01725715 • Brokerage DRE #01189469 • Lisa Carr & Associates

Property Details for 4116 Garthwaite Avenue

Water Front
None
Zoning
LAR3
Style
Spanish
Cross Streets
Sutro & 8th Ave, Vernon and Leimert Blvd
Parcel Number
5023019013
Total Units
6.0
Living Area
4830
Source Living Area
Vendor Enhanced
LISTING UPDATED: 11/17/2024 07:48 PM

Property Details for 4116 Garthwaite Avenue

StatusActive
MLS #24-420515
Days on Market143
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.15 AC / 6,465 SF
CountyLos Angeles County

Building Information for 4116 Garthwaite Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.15 AC / 6,465 SF

Property Information for 4116 Garthwaite Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1 bed room
  • View: No
  • View Description: None
  • View: None
  • Entry Floor Number: 1
  • Security Features: None
  • Direction Faces: North
  • Property Condition: Repair Cosmetic
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Water Heater Unit
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Owner May Carry
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $147,960
  • Net Operating Income: $120,940.00
  • Gross Income: $147,960
  • Cap Rate: 7.56%
  • Gross Rent Multiplier: $6.00
  • Actual Annual Gross Rent: $147,960.00
  • Actual Gross Annual Income: $147,960
  • Actual Rent Total: $12,330.00
  • Financial Info as Of: 10/01/2024
  • Owner Pays: Water
  • Total Annual Expense: 27020
  • Water Expense: $500.00
  • Gardener Expense: $85
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1484
  • Lot Size Square Feet: 6465
Parking Details
Parking Details
  • Parking Garage: Garage, Garage Is Detached
  • Total Parking: 4
  • Parking Features: Garage
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Floor
  • Flooring: Wood
  • Equipment: Ceiling Fan, Garbage Disposal
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-31-2024
  • Listing Terms: Contract
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,407.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,038.00
  • Unit Actual Rent: $1,038.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,376.00
  • Unit Actual Rent: $1,376.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
  • Number of Carpet: 0
  • Number of Dishwasher: 0
  • Number of Disposal: 6
  • Number of Drapes: 0
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 4
  • Number Range: 5
  • Number Refrigerator: 5
  • Number Rented Garages: 0
  • Number Wall AC: 0
  • Number Water Meters: 0
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $183,397.00
  • Assessed Improvement Percent: 57.62
  • Assessed Land Value: $134,889.00
  • Assessed Land Percent: 42.38
  • Assessed Total Value: $318,286.00
  • Private Transfer Taxes: No

Property History for 4116 Garthwaite 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 4116 Garthwaite Avenue

Taxable ValueLand$700,000Additions$300,000Total$1,000,000
Tax Record2024$13,052 ($1,088 / month)
Home Facts
Total Finished SqFt4,830 SqFtAbove Grade Finished SqFt4,830 SqFtLot Size6,463 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningLAR3CountyLOS ANGELESAPN5023-019-013

Schools near 4116 Garthwaite Avenue

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

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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4116 Garthwaite Avenue is a multi-family home for sale in Los Angeles, CA 90008. This property was listed for sale on July 31, 2024 by Lisa Carr & Associates, it's currently listed at $1,695,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Second Street Elementary School, New Heights Charter School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 4116 Garthwaite Avenue is a 6-bed, 6-bath, 4,830 sqft multi-family home built in 1930.

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 Lisa Carr & Associates, Lisa Carr Smith, DRE #01189469; Lisa Carr & Associates, Rosalyn Reese, DRE #01725715

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.