1259 4th Avenue, Unit 4

Los Angeles, CA 90019

$1,240,000
Price
5
Beds
4
Baths
3,956 Sq. Ft.
$313 / Sq. Ft.
3,956
Sq. Ft.
$313
per Sq. Ft.

Property Details for 1259 4th Avenue, Unit 4

StatusActive
MLS #19512852
Year Built1940
DOM25
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.19 AC / 8,103 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Ashley Kim

Realty One Group- Prime

realtorashleykim@gmail.com

P: 213.447.8881

M: 213.447.8881

DRE #01821621

Contact Agent(s)

Property Details for 1259 4th Avenue, Unit 4

Area
Hancock Park-Wilshire (C18)
Parking Spaces Total
8
Pool
No
Cooling Type
None

Description

Excellent income property in Hancock Park area. New developments and investments are going in this area. Remote gated, separate garage and separate laundry room, dining room area for each unit. The 2 bedroom unit tenants use the unit as 3 bedrooms. The 1 bedroom unit tenants use the units as 2 bedrooms. The sellers maintain this property very well. All units have large size bedrooms & living room. Buyers and Buyer's Agents are to do their investigations.

Location

Listing Courtesy of Realty One Group- Prime, Ashley Kim, DRE #01821621

Building Information for 1259 4th Avenue, Unit 4

Stories-Residences4Year Built1940Building Size-Lot Size0.19 AC / 8,103 SF

Payment Calculator

$4,460 per month

30 year fixed, 3.51% Interest

Principal and Interest

$4,460

Property Taxes

HOA Dues

$0

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Property Information for 1259 4th Avenue, Unit 4

Property Features
    Interior Features
  • Heating Fuel: Wall Gas
  • Heating: Wall Gas
  • Interior Features: Other
    Parking Info
  • Covered Spaces Total: 8
  • Parking Features: Assigned
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: North of Pico Blvd./ West of Arlington Ave.
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $69,701
  • Gross Operating Income: $48,508
  • Gross Rent Multiplier: 20.37
  • Net Operating Income: $48,508
    Expense Details
  • Expense Total Annual: $21,194
    Assessment Info
  • Assessed Improvement Value: $435,000
  • Assessed Land Value: $654,000
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Landlord/Lessor/Seller
  • Lot Size SQFT: 8103
  • Tax Parcel Number: 5081013012
  • Zoning: LARD1.5
Structure Info
    Structure Info
  • Units Total In Complex: 4
  • Number Of Buildings: 2
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 0
  • Year Built: 1940
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Monthly Rent 1: $1,573
  • Unit Number Of Bath 1: 1.0
  • Unit Number Of Bed 1: 2.0
  • Unit Projected Total Monthly Rent 1: $2,500
  • Unit Total Monthly Rent 1: $1,573
  • Unit Type 1: 1.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $1,545
  • Unit Number Of Bath 2: 1.0
  • Unit Number Of Bed 2: 1.0
  • Unit Projected Total Monthly Rent 2: $2,200
  • Unit Total Monthly Rent 2: $1,545
  • Unit Type 2: 2.0
    Unit 3 Info
  • Unit Furnished 3: Unfurnished
  • Unit Monthly Rent 3: $1,336
  • Unit Number Of Bath 3: 1.0
  • Unit Number Of Bed 3: 1.0
  • Unit Projected Total Monthly Rent 3: $2,200
  • Unit Total Monthly Rent 3: $1,336
  • Unit Type 3: 3.0
    Unit 4 Info
  • Unit Furnished 4: Unfurnished
  • Unit Monthly Rent 4: $1,354
  • Unit Number Of Bath 4: 1.0
  • Unit Number Of Bed 4: 1.0
  • Unit Projected Total Monthly Rent 4: $2,200
  • Unit Total Monthly Rent 4: $1,354
  • Unit Type 4: 4.0
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 1259 4th Avenue, Unit 4

DateEvent & SourcePriceAppreciation
Oct 10, 2019Price Change

CARETS #19512852

$1,240,000
Sep 23, 2019Listed (Active)

CARETS #19512852

$1,280,000
Aug 30, 2019Expired

CARETS #19476946

$1,300,000
DateEvent & SourcePrice
10/10/2019
Price Change

CARETS #19512852

$1,240,000
09/23/2019
Listed (Active)

CARETS #19512852

$1,280,000
08/30/2019
Expired

CARETS #19476946

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1259 4th Avenue, Unit 4

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Pio Pico Middle SchoolPublic6-80.3 mi
5
Los Angeles Technology CenterPublic0.6 mi
NR
Carson-Gore Academy Of Enviornmental StudiesPublicK-50.6 mi
4
St. Paul Elementary SchoolPrivateK-80.7 mi
NR

Pio Pico Middle School

6-8, 0.3 mi, Public

5

Los Angeles Technology Center

0.6 mi, Public

NR

Carson-Gore Academy Of Enviornmental Studies

K-5, 0.6 mi, Public

4

St. Paul Elementary School

K-8, 0.7 mi, Private

NR

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.

Hancock Park-Wilshire
This densely populated and high-trafficked neighborhood is a busy mix of residential, commercial, and community spaces smack in the middle of central Los Angeles.

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1259 4th Avenue, Unit 4 is a townhouse for sale in Los Angeles, CA 90019. This property was listed for sale on September 23, 2019 by Realty One Group- Prime at $1,240,000. Nearby schools include Teach Academy Of Technologies, Math, Science, & Technology Magnet Academy At Roosevelt High and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 1259 4th Avenue, Unit 4 is a 5-bed, 4-bath, 3,956 sqft townhouse built in 1940.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Realty One Group- Prime, Ashley Kim, DRE #01821621
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