4216 Woodlawn Avenue

Los Angeles, CA 90011

$980,000
Price
4
Beds
4
Baths
2,280 Sq. Ft.
$430 / Sq. Ft.
2,280
Sq. Ft.
$430
per Sq. Ft.

Description

One unit delivered vacant. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported...One unit delivered vacant. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.
  1. Listed by Daniel E. Rinsch • DRE #01483602 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 4216 Woodlawn Avenue

Water Front
None
Zoning
R2
Style
Bungalow
Cross Streets
S. Main Street and 43rd Street
Parcel Number
5113032021
Total Units
4.0
Living Area
2280
Source Living Area
Vendor Enhanced
LISTING UPDATED: 10/14/2024 02:53 PM

Property Details for 4216 Woodlawn Avenue

StatusActive
MLS #24-380435
Days on Market222
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.16 AC / 7,128 SF
CountyLos Angeles County

Building Information for 4216 Woodlawn Avenue

Stories1Residences-Year Built1923Building Size-Lot Size0.16 AC / 7,128 SF

Property Information for 4216 Woodlawn Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: 1 bedroom
  • View: No
  • View Description: None
  • View: None
  • Entry Floor Number: 1
  • Security Features: Gated, Card/Code Access, Carbon Monoxide Detector(s)
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Additions Alterations: No
  • Water Heater Features: Multi-Tank
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $64,536
  • Net Operating Income: $60,492.00
  • Gross Income: $64,536
  • Cap Rate: 6.07%
  • Gross Rent Multiplier: $15.41
  • Actual Annual Gross Rent: $64,536.00
  • Financial Info as Of: 04/16/2024
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 4044
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1636
  • Lot Size Square Feet: 7128
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Assigned, Driveway
  • Total Parking: 8
  • Covered Parking: 0
  • Open Other Spaces Total: 8
  • Garage Spaces Total: 0
  • Parking Features: Assigned, Driveway
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: Ground Level
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Radiant
  • Heating Type: Radiant
  • Flooring: Hardwood, Engineered Hardwood, Ceramic Tile
  • Equipment: Garbage Disposal
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Granite Counters
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • Roof: Composition, Shingle
  • Patio Features: Porch - Front, Porch - Rear
  • Entry Location: Ground Level w/steps
  • Windows: Double Pane Windows
  • New Construction: No
  • Construction Materials: Frame
  • Exterior Construction: Detached/No Common Walls, Frame, Hard Coat
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-16-2024
  • Listing Terms: Cash, Cash To New Loan, FHA
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $665.88
  • Unit Actual Rent: $665.88
  • Unit Projected Rent: $1,688.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,688.40
  • Unit Actual Rent: $1,688.40
  • Unit Projected Rent: $1,688.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,688.40
  • Unit Actual Rent: $1,688.40
  • Unit Projected Rent: $1,688.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,093.40
  • Unit Actual Rent: $2,093.40
  • Unit Projected Rent: $2,093.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Disposal: 4
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 4
  • Number Range: 4
  • Number Water Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $375,000.00
  • Assessed Improvement Percent: 47.17
  • Assessed Land Value: $420,000.00
  • Assessed Land Percent: 52.83
  • Assessed Total Value: $795,000.00

Property History for 4216 Woodlawn 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 4216 Woodlawn Avenue

Taxable ValueLand$583,664Additions$297,138Total$880,802
Tax Record2024$11,070 ($922 / month)
Home Facts
Total Finished SqFt2,280 SqFtAbove Grade Finished SqFt2,280 SqFtLot Size7,128 SqFtStyleTriplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5113-032-021

Schools near 4216 Woodlawn 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
Public - 9 to 12
Rating
School
Distance
Ricardo Lizarraga Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 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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4216 Woodlawn Avenue is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on April 16, 2024 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $980,000. It has been on the market for a total of 222 days and was last sold on July 2, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Ricardo Lizarraga Elementary School, William Jefferson Clinton Middle School and Thomas Jefferson Senior High School. 4216 Woodlawn Avenue is a 4-bed, 4-bath, 2,280 sqft multi-family home built in 1923.

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 Berkshire Hathaway HomeServices California Propert, Daniel E. Rinsch, DRE #01483602

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.