4121 Gateway Avenue

Los Angeles, CA 90029

$1,289,000
Price
5
Beds
4
Baths
2,445 Sq. Ft.
$527 / Sq. Ft.
2,445
Sq. Ft.
$527
per Sq. Ft.

Description

First time on the market in 26 years. Excellent property to invest or to make it your home. Located steps away from Sunset Blvd. and all the restaurants, coffee shops, etc. The front home offers a 4 bedroom/2 baths home with its own laundry room, while the back building has a 1bedroom/1 bath on the second floor, Underneath it has a studio with a full bath. Next to the studio, the 2 car garage which is drywalled and fully insulated. The garage opens to the Back ally. There is also street parking available....First time on the market in 26 years. Excellent property to invest or to make it your home. Located steps away from Sunset Blvd. and all the restaurants, coffee shops, etc. The front home offers a 4 bedroom/2 baths home with its own laundry room, while the back building has a 1bedroom/1 bath on the second floor, Underneath it has a studio with a full bath. Next to the studio, the 2 car garage which is drywalled and fully insulated. The garage opens to the Back ally. There is also street parking available. All square footage is permitted. City approved blueprints will be provided to new owners.
  1. Listed by Douglas Lemus • DRE #01365976 • Brokerage DRE #01814504 • HomeSmart, Evergreen Realty • 626-824-0358

Property Details for 4121 Gateway Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2445
Assessor Parcel Number
5429-002-010
LISTING UPDATED: 10/09/2024 05:24 AM

Property Details for 4121 Gateway Avenue

StatusActive
MLS #CV24142004
Days on Market133
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.10 AC / 4,360 SF
CountyLos Angeles County

Building Information for 4121 Gateway Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.10 AC / 4,360 SF

Property Information for 4121 Gateway Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $250
  • Gross Scheduled Income: $1,000
  • Net Operating Income: $275
Expense Details
  • Operating Expense: $725
  • Fuel Expense: $75
  • Electric Expense: $250
  • Insurance Expense: $150
  • Trash Expense: $100
  • Water Sewer Expense: $150
  • Total Expenses: $725
Tax / Assessment Info
  • Tax Tract Number: 4763
  • Tax Census Tract: 1913.01
  • CFD/Mello-Roos Fee: $336
  • Tax Lot: 39
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 4121 Gateway 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 4121 Gateway Avenue

Taxable ValueLand$258,945Additions$56,175Total$315,120
Tax Record2024$4,142 ($345 / month)
Home Facts
Total Finished SqFt2,445 SqFtAbove Grade Finished SqFt2,445 SqFtLot Size4,360 SqFtStyleDuplexYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN5429-002-010

Schools near 4121 Gateway Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Lockwood Avenue Elementary School
PublicK to 6

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

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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4121 Gateway Avenue is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on July 9, 2024 by HomeSmart, Evergreen Realty, it's currently listed at $1,289,000. It has been on the market for a total of 133 days and was last sold on March 28, 1996. This listing's school district is Los Angeles Unified School District. Nearby schools include Lockwood Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 4121 Gateway Avenue is a 5-bed, 4-bath, 2,445 sqft multi-family home built in 1924.

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 HomeSmart, Evergreen Realty, Douglas Lemus, DRE #01365976

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.