4031 Sequoia Street

Los Angeles, CA 90039

$1,089,500
Price
4
Beds
4
Baths
2,340 Sq. Ft.
$466 / Sq. Ft.
2,340
Sq. Ft.
$466
per Sq. Ft.

Description

Wonderful investment opportunity in Atwater Village! Add this property to your portfolio or buyt it as an owner occupant. Live in one and let the other units help pay off your mortgage. Located minutes from the Glendale Galleria, Los Feliz, Silver Lake and Downtown LA. This property is on a dead-end street with no through traffic and sits on a 7370 sq ft lot, offering (4) 1+1 units, each with a fenced yard or patio off of the kitchen, fireplaces, 4 uncovered parking spaces at the rear of the lot....Wonderful investment opportunity in Atwater Village! Add this property to your portfolio or buyt it as an owner occupant. Live in one and let the other units help pay off your mortgage. Located minutes from the Glendale Galleria, Los Feliz, Silver Lake and Downtown LA. This property is on a dead-end street with no through traffic and sits on a 7370 sq ft lot, offering (4) 1+1 units, each with a fenced yard or patio off of the kitchen, fireplaces, 4 uncovered parking spaces at the rear of the lot. Great upside potential on the rents. Please do not disturb tenants. Interior inspection with accepted offer only. All offers to include Proof of Funds and Pre-Approval letter.
  1. Listed by Shamim Khorsand Mashhadi • DRE #02042990 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES

Property Details for 4031 Sequoia Street

Zoning
LAR1
Parcel Number
5593029020
Total Units
4.0
Living Area
2340
Source Living Area
Vendor Enhanced
Area
Atwater (606)
Vacancy Rate
0
Lot Size Area
7370

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Shamim Khorsand Mashhadi, DRE #02042990
Add your commute
LISTING UPDATED: 09/08/2023 04:06 PM

Property Details for 4031 Sequoia Street

StatusActive
MLS #23-276157
Days on Market309
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.17 AC / 7,370 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Shamim Khorsand Mashhadi, DRE #02042990
Add your commute

Building Information for 4031 Sequoia Street

Stories1Residences-Year Built1953Building Size-Lot Size0.17 AC / 7,370 SF

Payment Calculator

$6,483 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,946

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4031 Sequoia Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: low rise
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $55,272
  • Net Operating Income: $46,272.00
  • Gross Income: $55,272
  • Cap Rate: 3.50%
  • Gross Rent Multiplier: $19.00
  • Actual Annual Gross Rent: $55,272.00
  • Actual Gross Annual Income: $55,272
  • Actual Rent Total: $55,272.00
  • Total Annual Expense: 9000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1692
  • Lot Size Square Feet: 7370
  • Lot Size Dimensions: 50x147
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-01-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $914.00
  • Unit Actual Rent: $914.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,150.00
  • Unit Actual Rent: $1,150.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,178.00
  • Unit Actual Rent: $1,178.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,364.00
  • Unit Actual Rent: $1,364.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $133,972.00
  • Assessed Improvement Percent: 27.78
  • Assessed Land Value: $348,338.00
  • Assessed Land Percent: 72.22
  • Assessed Total Value: $482,310.00

Property History for 4031 Sequoia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4031 Sequoia Street

Taxable ValueLand$355,304Additions$136,651Total$491,955
Tax Record2023$6,444 ($537 / month)
Home Facts
Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtStories1Lot Size7,370 SqFtStyleQuadraplexYear Built1953ZoningLAR1CountyLOS ANGELESAPN5593-029-020

Schools near 4031 Sequoia Street

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
Charter - 9 to 12
Rating
School
Distance
Glenfeliz Boulevard Elementary School
PublicK to 6

John Marshall Senior High School
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.

Similar Homes

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4031 Sequoia Street is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on June 1, 2023 by RE/MAX ESTATE PROPERTIES, it's currently listed at $1,089,500. It has been on the market for a total of 309 days and was last sold on December 17, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Glenfeliz Boulevard Elementary School, Washington Irving Mid School Math Music and Engr Magnet and John Marshall Senior High School. 4031 Sequoia Street is a 4-bed, 4-bath, 2,340 sqft multi-family home built in 1953.

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 RE/MAX ESTATE PROPERTIES, Shamim Khorsand Mashhadi, DRE #02042990

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.