4623 7th Avenue

Los Angeles, CA 90043

$825,000
Last Sold Price
6
Beds
4
Baths
2,452 Sq. Ft.
$336 / Sq. Ft.
2,452
Sq. Ft.
$336
per Sq. Ft.

Description

ONE UNIT WILL BE DELIVERED VACANT! Great opportunity to invest and own this beautifully landscaped, classic, town-home style duplex located near the highly sought after Leimert Park neighborhood. Natural light pours into these bright and airy townhouse style units. Both units have 1 bedroom and 1/4 bathroom located on the main floor and 2 bedrooms and 1 full bath upstairs. The open floor plan living and dining room area features charming built-ins with lots of character. The long driveway leads to...ONE UNIT WILL BE DELIVERED VACANT! Great opportunity to invest and own this beautifully landscaped, classic, town-home style duplex located near the highly sought after Leimert Park neighborhood. Natural light pours into these bright and airy townhouse style units. Both units have 1 bedroom and 1/4 bathroom located on the main floor and 2 bedrooms and 1 full bath upstairs. The open floor plan living and dining room area features charming built-ins with lots of character. The long driveway leads to the backyard with detached garages. Conveniently located near restaurants, shopping and close access the Leimert Park/Crenshaw Metro Metro Line, DTLA, USC and the Westside and the new stadium. PLEASE DO NOT DISTURB TENANTS!

Listing Agent

  1. Kenisha E. Norton

    Kenisha E. Norton

    Listing Agent

    Compass

    DRE #02003442

Property Details for 4623 7th Avenue

Zoning
LAR2
Parcel Number
5014011008
Total Units
2.0
Living Area
2452
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
Lot Size Area
6750

Location

Listing Courtesy of Compass, Kenisha E. Norton, DRE #02003442; Apple Tree Mortgage & Realty, DRE #X61344

Sold By Compass, Brittney Hinds, DRE #01848346

Add your commute
LISTING UPDATED: 05/18/2020 10:17 PM

Property Details for 4623 7th Avenue

StatusSold
MLS #19-532452
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.15 AC / 6,750 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenisha E. Norton, DRE #02003442; Apple Tree Mortgage & Realty, DRE #X61344

Sold By Compass, Brittney Hinds, DRE #01848346

Add your commute

Building Information for 4623 7th Avenue

Stories2Residences-Year Built1923Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$5,402 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,502

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4623 7th Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: As Is, Owner Has R.E. License, Owner Is Listing Agent, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $46,140
  • Net Operating Income: $41,140.00
  • Gross Income: $46,140
  • Cap Rate: 3.60%
  • Gross Rent Multiplier: $18.41
  • Owner Pays: Water
  • Total Annual Expense: 5500
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6750
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage, On street
  • Total Parking: 4
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage, Street
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Gas Or Electric Dryer Hookup
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-25-2019
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,924.00
  • Unit Actual Rent: $1,924.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,921.00
  • Unit Actual Rent: $1,921.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $80,044.00
  • Assessed Land Value: $149,677.00

Property History for 4623 7th 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 4623 7th Avenue

Taxable ValueLand$346,887Additions$520,332Total$867,219
Tax Record2023$10,806 ($900 / month)
Home Facts
Total Finished SqFt2,452 SqFtAbove Grade Finished SqFt2,452 SqFtLot Size6,750 SqFtStyleDuplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5014-011-008

Schools near 4623 7th Avenue

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

Alliance Ouchi-O'donovan 6-12 Complex
Charter6 to 12

Whitney Young Continuation 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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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, Kenisha E. Norton, DRE #02003442; Apple Tree Mortgage & Realty, DRE #X61344

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.