4621 Oakwood Avenue

Los Angeles, CA 90004

$1,350,000
Last Sold Price
6
Beds
4
Baths
2,645 Sq. Ft.
$510 / Sq. Ft.
2,645
Sq. Ft.
$510
per Sq. Ft.

Description

In Mid Wilshire's Melrose Hill enclave, this exceptional property provides two spacious residences on one lot, both delivered vacant. Its a great opportunity for an owner-user or investor seeking income, offering a beautifully renovated Bungalow-style residence circa 1918 alongside a bright modern dwelling built in 2015. In the period residence find four bedrooms, character details, wood flooring and exquisite custom tile. The contemporary unit presents two bedrooms and an open layout showered in...In Mid Wilshire's Melrose Hill enclave, this exceptional property provides two spacious residences on one lot, both delivered vacant. Its a great opportunity for an owner-user or investor seeking income, offering a beautifully renovated Bungalow-style residence circa 1918 alongside a bright modern dwelling built in 2015. In the period residence find four bedrooms, character details, wood flooring and exquisite custom tile. The contemporary unit presents two bedrooms and an open layout showered in natural light; both units have laundry, central heat+air and Nest thermostats. Drought-tolerant landscaping and an electric gate create the feeling of a compound, with parking and storage available on the driveway and oversized garage. This choice location provides countless options for food, drink and provisions at nearby Balcony Coffee, Noshi Sushi, Providence, Osteria Mozza, Quarters BBQ, California Market and more. Larchmont Village, Hollywood and Koreatown are within easy reach.
  1. Listed by Tracy B Do • DRE #01350025 • Brokerage DRE #00625769 • Compass
  2. Listed by Richard Michalowski • DRE #01935805 • Brokerage DRE #00625769 • Compass

Property Details for 4621 Oakwood Avenue

Zoning
LAR3
Parcel Number
5521016017
Total Units
2.0
Living Area
2645
Source Living Area
Title Company
Area
Mid-Wilshire (C17)
Vacancy Rate
100%
Lot Size Area
3809

Location

Listing Courtesy of Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

Sold By Keller Williams Realty Calabasas, Raymond Rodriguez, DRE #01402283

Add your commute
LISTING UPDATED: 05/28/2021 08:23 AM

Property Details for 4621 Oakwood Avenue

StatusSold
MLS #21-709832
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.09 AC / 3,809 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

Sold By Keller Williams Realty Calabasas, Raymond Rodriguez, DRE #01402283

Add your commute

Building Information for 4621 Oakwood Avenue

Stories2Residences-Year Built1918Building Size-Lot Size0.09 AC / 3,809 SF

Payment Calculator

$8,801 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$1,433

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4621 Oakwood Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 2
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $93,120
  • Net Operating Income: $77,820.00
  • Gross Income: $96,000
  • Gross Rent Multiplier: $14.01
  • Total Annual Expense: 15300
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0874
  • Lot Size Square Feet: 3809
  • Lot Size Dimensions: 66x58
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Alarm System, Washer, Dryer, Refrigerator, Range/Oven, Dishwasher
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-24-2021
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $306,000.00
  • Assessed Improvement Percent: 27.27
  • Assessed Land Value: $816,000.00
  • Assessed Land Percent: 72.73
  • Assessed Total Value: $1,122,000.00

Property History for 4621 Oakwood 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 4621 Oakwood Avenue

Taxable ValueLand$1,035,198Additions$369,342Total$1,404,540
Tax Record2023$17,202 ($1,433 / month)
Home Facts
Total Finished SqFt2,645 SqFtAbove Grade Finished SqFt2,645 SqFtStories2Lot Size3,809 SqFtStyleDuplexYear Built1918ZoningLAR3CountyLOS ANGELESAPN5521-016-017

Schools near 4621 Oakwood Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Harvard Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Central City Value 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.

Similar Homes

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Similar Sold Homes

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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 Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

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.