4325 Gateway Avenue

Los Angeles, CA 90029

$1,100,500
Last Sold Price
2
Beds
3
Baths
2,044 Sq. Ft.
$538 / Sq. Ft.
2,044
Sq. Ft.
$538
per Sq. Ft.

Description

Huge Reduction! Imagine living on a quiet side street in the heart of Sunset Junction, where an exceptional property awaits you. This unique opportunity features three charming Craftsman-style units, each with original details that exude character and charm, updated with seismic bolting. At the front of the property, two spacious one-bedroom, one-bath units sit side by side. Each offers a formal dining room with delightful vintage built-ins, rich hardwood floors, nine-light windows, private gardens,...Huge Reduction! Imagine living on a quiet side street in the heart of Sunset Junction, where an exceptional property awaits you. This unique opportunity features three charming Craftsman-style units, each with original details that exude character and charm, updated with seismic bolting. At the front of the property, two spacious one-bedroom, one-bath units sit side by side. Each offers a formal dining room with delightful vintage built-ins, rich hardwood floors, nine-light windows, private gardens, and private garages that can be used as studios, offices, or storage spaces. You'll feel right at home in the available unit, which perfectly matches the inviting layout shown in the photos. Additionally, a standalone structure houses a cozy two-room studio apartment with a private patio, providing versatility and income. The unbeatable location is just moments away from a variety of delicious restaurants, unique shops, Erewhon Market, and some of the city's best coffee spots, like Intelligentsia and Dinosaur Coffee.This property is not just a place to live it's a place to thrive. Embrace the vibrant Sunset Junction lifestyle and make this charming haven your own.

Listing Agent

  1. Leslie Romenesko

    Leslie Romenesko

    Listing Agent

    Compass

    DRE #01724540

Property Details for 4325 Gateway Avenue

Zoning
LAR2
Style
Craftsman
Parcel Number
5429006016
Total Units
3.0
Living Area
2044
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
1
LISTING UPDATED: 11/12/2024 07:53 PM

Property Details for 4325 Gateway Avenue

StatusSold
MLS #24-417649
Days on Market88
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.12 AC / 5,011 SF
CountyLos Angeles County

Building Information for 4325 Gateway Avenue

Stories-Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,011 SF

Property Information for 4325 Gateway Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 3
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: Property Report, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $69,600
  • Net Operating Income: $65,067.20
  • Gross Income: $7,105,920
  • Cap Rate: 5.30%
  • Gross Rent Multiplier: $17.00
  • Actual Annual Gross Rent: $71,059.20
  • Owner Pays: Water, Gardener, Other
  • Total Annual Expense: 5992
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.115
  • Lot Size Square Feet: 5011
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Window Unit(s)
  • Heating: Gravity
  • Heating Type: Gravity
  • Equipment: Built-Ins, Refrigerator, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-21-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,496.00
  • Unit Actual Rent: $2,496.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $925.60
  • Unit Actual Rent: $925.60
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $88,626.00
  • Assessed Improvement Percent: 28.04
  • Assessed Land Value: $227,493.00
  • Assessed Land Percent: 71.96
  • Assessed Total Value: $316,119.00

Property History for 4325 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 4325 Gateway Avenue

Taxable ValueLand$232,042Additions$90,398Total$322,440
Tax Record2024$4,232 ($353 / month)
Home Facts
Total Finished SqFt2,044 SqFtAbove Grade Finished SqFt2,044 SqFtLot Size5,009 SqFtStyleTriplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5429-006-016

Schools near 4325 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.

Similar Homes

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Similar Sold Homes

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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 Compass, Leslie Romenesko, DRE #01724540

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.