4801 2nd Avenue

Los Angeles, CA 90043

$2,600,000
Last Sold Price
15
Beds
16
Baths
14,565 Sq. Ft.
$179 / Sq. Ft.
14,565
Sq. Ft.
$179
per Sq. Ft.

Description

Rare mixed-use property, 12 apartments over 5 street front retail and commercial spaces. Gated parking lot for approx 13 cars. Situated on 13,000 SF corner lot, this low density property is the only large mixed-use property in the immediate area. Wood frame and stucco construction. The entire Exterior of the building is freshly painted, Parking area has been re surfaced. All units have separate electric meters, Gas is master meter. The apartment unit mix consists of 3 - 2 Bedroom one Bath, 4 - one-Bedroom...Rare mixed-use property, 12 apartments over 5 street front retail and commercial spaces. Gated parking lot for approx 13 cars. Situated on 13,000 SF corner lot, this low density property is the only large mixed-use property in the immediate area. Wood frame and stucco construction. The entire Exterior of the building is freshly painted, Parking area has been re surfaced. All units have separate electric meters, Gas is master meter. The apartment unit mix consists of 3 - 2 Bedroom one Bath, 4 - one-Bedroom one Bath and 5 units are Studios-one bath. Onsite manager unit does not include in rent roll, big upside! Updated Electric Panels, New Water Heater, NO Soft Story Retrofit needed- Just got clearance from the city. The property is located in a federal qualified ENTERPRISE ZONE / EMPLOYMENT AND ECONOMIC INCENTIVE PROGRAM AREA (EZ), West Adams- Community Plan Implementation Zone

Listing Agent

  1. Ofer Halimi

    Ofer Halimi

    Listing Agent

    Compass

    DRE #01324758

Property Details for 4801 2nd Avenue

Zoning
LAC2
Parcel Number
5015038011
Total Units
17.0
Living Area
14565
Source Living Area
Assessor
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
Lot Size Area
13001

Location

Listing Courtesy of Compass, Ofer Halimi, DRE #01324758

Sold By Berkshire Hathaway Home Servic, ANGEL HERNANDEZ, DRE #01320751

Add your commute
LISTING UPDATED: 04/16/2024 11:51 AM

Property Details for 4801 2nd Avenue

StatusSold
MLS #21-683704
Days on Market179
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.30 AC / 13,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Ofer Halimi, DRE #01324758

Sold By Berkshire Hathaway Home Servic, ANGEL HERNANDEZ, DRE #01320751

Add your commute

Building Information for 4801 2nd Avenue

Stories2Residences-Year Built1912Building Size-Lot Size0.30 AC / 13,001 SF

Payment Calculator

$17,016 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$2,827

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4801 2nd Avenue

Community / Development
Community / Development
  • Number Of Units: 17
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Mixed use
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $234,552
  • Net Operating Income: $209,340.00
  • Gross Income: $218,724
  • Gross Rent Multiplier: $11.60
  • Total Annual Expense: 25212
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2985
  • Lot Size Square Feet: 13001
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 13
  • Parking Features: Gated
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-22-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,684.00
  • Unit Actual Rent: $3,368.00
  • Unit Projected Rent: $5,700.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,157.00
  • Unit Actual Rent: $4,630.00
  • Unit Projected Rent: $6,400.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $971.00
  • Unit Actual Rent: $4,857.00
  • Unit Projected Rent: $6,250.00
  • Like Units: 5
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $1,338.00
  • Unit Actual Rent: $6,691.00
  • Unit Projected Rent: $7,500.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 4801 2nd 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 4801 2nd Avenue

Taxable ValueLand$1,856,400Additions$796,640Total$2,653,040
Tax Record2023$33,925 ($2,827 / month)
Home Facts
Total Finished SqFt14,565 SqFtAbove Grade Finished SqFt14,565 SqFtStories1Lot Size13,001 SqFtStyleOffice BuildingYear Built1912ZoningLAC2CountyLOS ANGELESAPN5015-038-011

Schools near 4801 2nd Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
New Heights Charter School
CharterK to 8

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, Ofer Halimi, DRE #01324758

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.