4205 Mercury Avenue

Los Angeles, CA 90031

$1,595,000
Price
5
Beds
7
Baths
2,940 Sq. Ft.
$543 / Sq. Ft.
2,940
Sq. Ft.
$543
per Sq. Ft.

Description

"Brand New Construction" in Montecito Heights. 2 detached homes and JADU on one lot. Separate addresses and utilities. Front house, 4205 Mercury Ave., 1650 +/- sq feet. Brand new construction. Featuring 3bd 2.5 ba. Open floor-plan. Entertainers delight. Gourmet kitchen with island sitting. Bar counters with glass cabinets. From living room, access to the outdoor deck. Multiple view decks for outdoor entertainment. Rented for 4,090.00. 4205 1/2 Mercury Ave., was the existing back house. View galore...."Brand New Construction" in Montecito Heights. 2 detached homes and JADU on one lot. Separate addresses and utilities. Front house, 4205 Mercury Ave., 1650 +/- sq feet. Brand new construction. Featuring 3bd 2.5 ba. Open floor-plan. Entertainers delight. Gourmet kitchen with island sitting. Bar counters with glass cabinets. From living room, access to the outdoor deck. Multiple view decks for outdoor entertainment. Rented for 4,090.00. 4205 1/2 Mercury Ave., was the existing back house. View galore. about 1000 Square feet. Featuring, 2 storey, 2bd 2.5ba, Totally 100% remodeled in 2024. Brand new kitchen, plumbing, bathrooms, electrical, roof, windows, water heater, doors, flooring, central air/heat, electric panel and much, much more. Private outdoor patio with panoramic views. Rented for $3,075.00. 4205 1/4 is studio. about 300 +/- square feet. Rented 1,975.00. The property is located in the Montecito Heights area. It's LA's up and coming neighborhood. California living at its finest. Close to Fwy, DTLA & Pasadena. ALL tenants are Section 8 tenant. Rents are on time and guaranteed. For owner occupancy buyers, the 4205 lease terminates on 4/8/2025 and 4205 1/2 lease terminates on 5/8/2025. The rents are at PREMIUM and ACTUAL.
  1. Listed by Ben Shirvanian • DRE #01190395 • Brokerage DRE #01190395 • Shirvan Group Inc

Property Details for 4205 Mercury Avenue

Zoning
LAR1
Parcel Number
5304032006
Total Units
3.0
Living Area
2940
Source Living Area
Other
Area
El Sereno (621)
Vacancy Rate
0
Lot Size Area
4424
LISTING UPDATED: 10/31/2024 12:01 AM

Property Details for 4205 Mercury Avenue

StatusActive
MLS #24-456178
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.10 AC / 4,424 SF
CountyLos Angeles County

Building Information for 4205 Mercury Avenue

Stories2Residences-Year Built2024Building Size-Lot Size0.10 AC / 4,424 SF

Property Information for 4205 Mercury Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $101,400
  • Net Operating Income: $101,400.00
  • Gross Income: $109,680
  • Cap Rate: 5.82%
  • Gross Rent Multiplier: $14.50
  • Total Annual Expense: 8280
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1016
  • Lot Size Square Feet: 4424
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 10-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,090.00
  • Unit Actual Rent: $4,090.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,075.00
  • Unit Actual Rent: $3,075.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,975.00
  • Unit Actual Rent: $1,975.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $26,804.00
  • Assessed Improvement Percent: 7.69
  • Assessed Land Value: $321,660.00
  • Assessed Land Percent: 92.31
  • Assessed Total Value: $348,464.00

Property History for 4205 Mercury 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 4205 Mercury Avenue

Taxable ValueLand$321,660Additions$26,804Total$348,464
Tax Record2023$4,460 ($372 / month)
Home Facts
Beds1Total Finished SqFt1,250 SqFtAbove Grade Finished SqFt1,250 SqFtLot Size4,424 SqFtStyleSingle Family ResidenceYear Built1926ZoningLAR1CountyLOS ANGELESAPN5304-032-006

Schools near 4205 Mercury Avenue

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

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

Los Angeles Leadership Academy
Charter6 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4205 Mercury Avenue is a multi-family home for sale in Los Angeles, CA 90031. This property was listed for sale on October 23, 2024 by Shirvan Group Inc, it's currently listed at $1,595,000. It has been on the market for a total of 9 days and was last sold on November 27, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Glen Alta Elementary School, Woodrow Wilson Senior High School and Abraham Lincoln Senior High School. 4205 Mercury Avenue is a 5-bed, 7-bath, 2,940 sqft multi-family home built in 2024.

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 Shirvan Group Inc, Ben Shirvanian, DRE #01190395

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.