4180 Garthwaite Avenue

4180 Garthwaite Avenue

Los Angeles, CA 90008

$2,695,000
Price
12
Beds
12
Baths
11,032 Sq. Ft.
$244 / Sq. Ft.
11,032
Sq. Ft.
$244
per Sq. Ft.
a front view of multiple houses
a front view of a house with a garden
a couple of cars parked in front of a house
a view of a white house with a yard and plants
a front view of a house with a yard and potted plants
a view of street with cars
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
a bathroom with a sink and a mirror
a bathroom with a sink a toilet and a bathtub
a bathroom with a toilet and a sink
a bathroom with a sink and a mirror
an empty room with wooden floor and windows
a bathroom with a sink and a mirror
a kitchen with a sink and cabinets
a kitchen with a sink and cabinets
a room with storage and utility
a view of an empty room with wooden floor
a view of an empty room
a view of an empty room and window
wooden floor in an empty room with a fireplace

Description

This property is in the historically desirable Leimert Park neighborhood of Los Angeles. This well maintained twelve-unit (one bedroom-one bathroom) apartment building is surrounded by aesthetically pleasing tree lined avenues. Each unit is spacious giving the resident a warm feeling of home. The green front yard provides a feeling of being one with nature. Located in proximity to rapid transit, shopping, local schools and institutions of higher learning, the area has experienced a renaissance. The...This property is in the historically desirable Leimert Park neighborhood of Los Angeles. This well maintained twelve-unit (one bedroom-one bathroom) apartment building is surrounded by aesthetically pleasing tree lined avenues. Each unit is spacious giving the resident a warm feeling of home. The green front yard provides a feeling of being one with nature. Located in proximity to rapid transit, shopping, local schools and institutions of higher learning, the area has experienced a renaissance. The time is now to seize the opportunity to invest in a property nestled within a hidden oasis. This spacious superbly maintained apartment residence provides one a tranquil sanctuary within a medium sized apartment compound away from the surrounding fast paced urban environment. Hardwood floors abound with generous closet space. Centrally located within minutes of the 405, 110 and 10 Freeways, this ideal location provides access to major area shopping areas in Ladera Heights, Culver City Westfield Culver City, the Westside of Los Angeles, and within minutes of SoFi Stadium. Nearby educational opportunities abound with West Los Angeles College minutes away with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall, and many more. This investment opportunity has the makings to attract the astute investor. Seize this growth opportunity in this prestigious location. This property has great rental increase potential as all tenants are currently on month-to-month tenancy. Buyer to rely solely on Buyer's independent investigations. Drive by only! Do not disturb occupants. Property is sold in "As-Is" condition. Upon an accept offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on Buyer's inspections and investigations. Property is sold for All Cash, Cash to New Loan or terms and conditions acceptable to the Seller. Seller shall select all services, including escrow, title services. Please contact listing agents for more information. All tenants are month to month. Buyer is aware that Seller intends to perform an IRS Section 1031 tax-deferred exchange. Seller requests Buyer's cooperation in such an exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.
  1. Listed by Luther Henderson • DRE #01041241 • Brokerage DRE #00814749 • Realty Executives Westside
  2. Listed by Peter Bledsoe • DRE #00814749 • Brokerage DRE #00814749 • Realty Executives Westside

Property Details for 4180 Garthwaite Avenue

Zoning
LAR3
Parcel Number
5023018011
Total Units
12.0
Living Area
11032
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
5
Lot Size Area
10788

Location

Listing Courtesy of Realty Executives Westside, Luther Henderson, DRE #01041241; Realty Executives Westside, Peter Bledsoe, DRE #00814749
Add your commute
LISTING UPDATED: 05/19/2024 02:03 PM

Property Details for 4180 Garthwaite Avenue

StatusActive
MLS #24-387385
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.25 AC / 10,788 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Executives Westside, Luther Henderson, DRE #01041241; Realty Executives Westside, Peter Bledsoe, DRE #00814749
Add your commute

Building Information for 4180 Garthwaite Avenue

Stories2Residences-Year Built1936Building Size-Lot Size0.25 AC / 10,788 SF

Payment Calculator

$15,110 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,708

Property Taxes

$402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4180 Garthwaite Avenue

Community / Development
Community / Development
  • Number Of Units: 12
  • Professional Management: 6300.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Listing Broker Advantage, Rent Control, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $176,640
  • Net Operating Income: $176,640.00
  • Gross Income: $176,640
  • Cap Rate: 6.00%
  • Gross Rent Multiplier: $15.26
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 43164
  • Water Expense: $25,164.00
  • Gas Expense: $7,140
  • Other Expense: $2,640.00
  • Gardener Expense: $1,920
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2477
  • Lot Size Square Feet: 10788
Parking Details
Parking Details
  • Parking Garage: Public
  • Total Parking: 0
  • Parking Features: Public
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Gravity
  • Heating Type: Gravity
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $1,800.00
  • 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: $1,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,026.00
  • Unit Actual Rent: $1,026.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,355.00
  • Unit Actual Rent: $1,355.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,459.00
  • Unit Actual Rent: $1,459.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,316.00
  • Unit Actual Rent: $1,316.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 6
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,067.00
  • Unit Actual Rent: $1,067.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 7
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,026.00
  • Unit Actual Rent: $1,026.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 8
Unit 9 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 9
Unit 10 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 10
Unit 11 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,355.00
  • Unit Actual Rent: $1,355.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 11
Unit 12 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,116.00
  • Unit Actual Rent: $1,116.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $172,001.00
  • Assessed Improvement Percent: 69.2
  • Assessed Land Value: $76,560.00
  • Assessed Land Percent: 30.8
  • Assessed Total Value: $248,561.00

Property History for 4180 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 4180 Garthwaite Avenue

Taxable ValueLand$76,560Additions$172,001Total$248,561
Tax Record2023$4,823 ($402 / month)
Home Facts
Total Finished SqFt11,032 SqFtAbove Grade Finished SqFt11,032 SqFtLot Size10,785 SqFtStyleMulti-Family Res (5+ Units)Year Built1936ZoningLAR3CountyLOS ANGELESAPN5023-018-011

Schools near 4180 Garthwaite Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Forty-Second Street Elementary School
Public - K to 5
New Heights Charter School
Charter - K to 8
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public - 9 to 12
Crenshaw Arts-Technology Charter High School
Charter - 9 to 12
Rating
School
Distance
Forty-Second Street Elementary School
PublicK to 5

New Heights Charter School
CharterK to 8

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public9 to 12

Crenshaw Arts-Technology Charter High School
Charter9 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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More information about 4180 Garthwaite Avenue, Los Angeles, CA 90008

4180 Garthwaite Avenue is a multi-family home for sale in Los Angeles, CA 90008. This property was listed for sale on May 8, 2024 by Realty Executives Westside, it's currently listed at $2,695,000. 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. 4180 Garthwaite Avenue is a 12-bed, 12-bath, 11,032 sqft multi-family home built in 1936.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Westside, Luther Henderson, DRE #01041241; Realty Executives Westside, Peter Bledsoe, DRE #00814749

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.