4146 West Ave 42

Los Angeles, CA 90065

$1,165,000
Price
2
Beds
2
Baths
1,246 Sq. Ft.
$935 / Sq. Ft.
1,246
Sq. Ft.
$935
per Sq. Ft.

Description

Looking for your next investment property? Look no further! 4146 W Avenue 42 is the turnkey property you've been searching for. Need to do a 1031 exchange. Two fully remodeled 1 bed / 1 bath units each with separate indoor laundry. The property features lots of natural light, sunny outdoor patio areas, all new appliances, central HVAC, a newer roof, and a 2 car carport (with 1 spot for each unit). One of the two units also includes a bonus basement space that can be used as an office or home gym....Looking for your next investment property? Look no further! 4146 W Avenue 42 is the turnkey property you've been searching for. Need to do a 1031 exchange. Two fully remodeled 1 bed / 1 bath units each with separate indoor laundry. The property features lots of natural light, sunny outdoor patio areas, all new appliances, central HVAC, a newer roof, and a 2 car carport (with 1 spot for each unit). One of the two units also includes a bonus basement space that can be used as an office or home gym. Located in the heart of Northeast LA in a fantastic hillside enclave surrounded by single family homes, this quiet neighborhood is a short distance to Eagle Rock Blvd and York Blvd in Highland Park. Both units are currently rented with strong long term tenants and total rental income of $5200/month.
  1. Listed by Alison Gilbert • DRE #01879624 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 4146 West Ave 42

Zoning
LAR1
Cross Streets
W Avenue 42 b/w and Prismo and Cunard
Parcel Number
5473017016
Total Units
2.0
Living Area
1246
Source Living Area
Appraiser
Area
Glassell Park (623)
Vacancy Rate
0

Location

Listing Courtesy of Nourmand & Associates-HW, Alison Gilbert, DRE #01879624
Add your commute
LISTING UPDATED: 04/29/2024 03:40 PM

Property Details for 4146 West Ave 42

StatusActive
MLS #24-380227
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.09 AC / 3,861 SF
CountyLos Angeles County

Location

Listing Courtesy of Nourmand & Associates-HW, Alison Gilbert, DRE #01879624
Add your commute

Building Information for 4146 West Ave 42

Stories-Residences-Year Built1940Building Size-Lot Size0.09 AC / 3,861 SF

Payment Calculator

$7,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,358

Property Taxes

$976

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4146 West Ave 42

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 1 bedroom
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
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: $62,400
  • Net Operating Income: $60,372.00
  • Gross Income: $62,400
  • Gross Rent Multiplier: $62,400.00
  • Lease Per Month Year: Month
  • Total Annual Expense: 2028
  • Water Expense: $72.00
  • Trash Expense: $61.00
  • Tax Expense: $976
  • Gardener Expense: $50
  • Insurance Expense: $869
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0886
  • Lot Size Square Feet: 3861
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 2
  • Covered Parking: 2
  • Carport Spaces Total: 2
  • Parking Features: Carport
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate
  • Equipment: Dishwasher, Washer, Dryer, Range/Oven, Refrigerator
  • Kitchen Features: Quartz Counters
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • Patio Features: Concrete Slab
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-17-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $285,600.00
  • Assessed Improvement Percent: 29.82
  • Assessed Land Value: $672,180.00
  • Assessed Land Percent: 70.18
  • Assessed Total Value: $957,780.00

Property History for 4146 West Ave 42

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4146 West Ave 42

Taxable ValueLand$672,180Additions$285,820Total$958,000
Tax Record2023$11,711 ($976 / month)
Home Facts
Total Finished SqFt1,144 SqFtAbove Grade Finished SqFt1,144 SqFtLot Size3,864 SqFtStyleDuplexYear Built1940ZoningLAR1CountyLOS ANGELESAPN5473-017-016

Schools near 4146 West Ave 42

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Delevan Drive Elementary School
PublicK to 6

Eagle Rock High School
Public7 to 12

ISANA Octavia Academy
CharterK to 8

PUC International Preparatory Academy
CharterK to 8

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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4146 West Ave 42 is a multi-family home for sale in Los Angeles, CA 90065. This property was listed for sale on April 17, 2024 by Nourmand & Associates-HW, it's currently listed at $1,165,000. It has been on the market for a total of 15 days and was last sold on September 7, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Delevan Drive Elementary School, Eagle Rock High School and ISANA Octavia Academy. 4146 West Ave 42 is a 2-bed, 2-bath, 1,246 sqft multi-family home built in 1940.

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 Nourmand & Associates-HW, Alison Gilbert, DRE #01879624

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.