4122 Sequoia Street
4122 Sequoia Street
$1,185,000
9
9
4,445
4,445
$267
Sold 9/12/23
Description
We are pleased to present for sale a 1978 Built (Non-LA City Rent Controlled) 5 Unit multifamily investment opportunity in a supply-constrained market of Atwater Village! Located in one of LA's hottest rental, locations, 4122 Sequoia Street offers investors an opportunity to add substantial value with106% upside potential. The property boasts a strong unit mix of (4) 2 Bedroom & 2 Bath Units and (1) 1 2 Bedroom and 1 Bath Unit. The property has a total square footage of 4,445 SF, is situated on an...We are pleased to present for sale a 1978 Built (Non-LA City Rent Controlled) 5 Unit multifamily investment opportunity in a supply-constrained market of Atwater Village! Located in one of LA's hottest rental, locations, 4122 Sequoia Street offers investors an opportunity to add substantial value with106% upside potential. The property boasts a strong unit mix of (4) 2 Bedroom & 2 Bath Units and (1) 1 2 Bedroom and 1 Bath Unit. The property has a total square footage of 4,445 SF, is situated on an expansive lot size of 7,000 SF, and zoned R1-1-RIO, with (9) parking spaces available for tenants. The property provides the opportunity to construct an ADU at the rear of the lot Buyer to Verify. Soft-Story Retrofit construction IS REQUIRED to be completed. Located within blocks to famous Los Feliz Blvd and Glendale Blvd, the property is situated in close proximity to Atwater's retail corridors, which provides countless eateries, trendy bars, retail, and coffee shops. Additionally, the property is adjacent to Glendale, the Jewel City, and is within minutes to The Americana at Brand, which offers world-class retail, dining, and entrainment. This rare opportunity is poised for an astute investor looking to capture strong market returns on a supply-constrained product in a booming area where prices and rents continue to appreciate Year-over-Year. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, unit mix, year built, zoning, market rents, soft-story retrofit requirements, and the ability to construct an ADU. Do not disturb tenants or walk on property - drive by only.
- Listed by Eric Dilanian • DRE #01951699 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 4122 Sequoia Street
Zoning
LAR1
Parcel Number5593023006
Total Units5.0
Living Area4445
Source Living AreaVendor Enhanced
AreaAtwater (606)
Vacancy Rate0
Lot Size Area7001
Location
LISTING UPDATED: 09/12/2023 10:43 AM
Property Details for 4122 Sequoia Street
Status | Sold |
---|---|
MLS # | 23-279983 |
Days on Market | 31 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1978 |
Lot Size | 0.16 AC / 7,001 SF |
County | Los Angeles County |
Location
Building Information for 4122 Sequoia Street
Stories2Residences-Year Built1978Building Size-Lot Size0.16 AC / 7,001 SF
Payment Calculator
$6,986 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4122 Sequoia Street
Property History for 4122 Sequoia Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4122 Sequoia Street
Taxable ValueLand$141,985Additions$291,077Total$433,062
Tax Record2023$6,229 ($519 / month)
Home Facts
Total Finished SqFt4,445 SqFtAbove Grade Finished SqFt4,445 SqFtLot Size7,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1978ZoningLAR1CountyLOS ANGELESAPN5593-023-006
Schools near 4122 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.
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