4952 Ferndale Street

Los Angeles, CA 90016

$1,425,000
Last Sold Price
6
Beds
4
Baths
2,472 Sq. Ft.
$576 / Sq. Ft.
2,472
Sq. Ft.
$576
per Sq. Ft.

Description

Fabulous Turnkey investment property located in the heart of Los Angeles! This beautiful duplex was extensively remodeled in 2020 and will be delivered VACANT! Live in one and rent out the other, the possibilities are endless in this AMAZING income property! Both units have 3 bedrooms and 2 bathrooms each with a huge enclosed bonus space as well! Brand new remodeled kitchens, bathrooms, windows, and flooring in both units. New quartz countertops, recessed lighting, stainless steel appliances, electrical...Fabulous Turnkey investment property located in the heart of Los Angeles! This beautiful duplex was extensively remodeled in 2020 and will be delivered VACANT! Live in one and rent out the other, the possibilities are endless in this AMAZING income property! Both units have 3 bedrooms and 2 bathrooms each with a huge enclosed bonus space as well! Brand new remodeled kitchens, bathrooms, windows, and flooring in both units. New quartz countertops, recessed lighting, stainless steel appliances, electrical panels, water heater, new split AC system in every room and so much more! Laundry has been installed in both units as well! This Gem also has a huge fenced in side yard, gated parking for multiple cars, plus a 2 car garage! Plenty of room to add an ADU for additional income! Must see! Wont last long!
  1. Listed by Amy Black • DRE #01454740 • Brokerage DRE #01723159 • Redfin

Property Details for 4952 Ferndale Street

Zoning
LAR2
Parcel Number
5049011039
Total Units
2.0
Living Area
2472
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
Vacancy Rate
Vacant
Lot Size Area
5308

Location

Listing Courtesy of Redfin, Amy Black, DRE #01454740

Sold By Keller Williams Beach Cities, Josslyn Young, DRE #01376865

Add your commute
LISTING UPDATED: 06/06/2022 11:18 PM

Property Details for 4952 Ferndale Street

StatusSold
MLS #22-148647
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.12 AC / 5,308 SF
CountyLos Angeles County

Location

Listing Courtesy of Redfin, Amy Black, DRE #01454740

Sold By Keller Williams Beach Cities, Josslyn Young, DRE #01376865

Add your commute

Virtual Tour

Building Information for 4952 Ferndale Street

Stories2Residences-Year Built1961Building Size-Lot Size0.12 AC / 5,308 SF

Payment Calculator

$10,254 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$2,477

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4952 Ferndale Street

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: 1
  • Type Of Units: Duplex
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $36,960
  • Net Operating Income: $35,098.00
  • Gross Income: $3,080
  • Gross Rent Multiplier: $36,980.00
  • Other Income1: $3,080.00
  • Total Annual Expense: 1872
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1219
  • Lot Size Square Feet: 5308
  • Lot Features: Yard
  • Lot Description: Yard, Fenced
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Gated, Garage - 2 Car, Boat, Private Garage, Parking for Guests
  • Total Parking: 6
  • Garage Spaces Total: 2
  • Parking Features: Covered, Gated, Garage - Two Door, Boat, Private, Guest
Interior Features
Interior Features
  • Room Type: Bonus Room, Den, Living Room
  • Rooms: Bonus Room, Den, Patio Open, Living Room, Dining Area, Patio Enclosed
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Air Conditioning
  • Heating: Combination, Wall Furnace
  • Heating Type: Combination, Wall
  • Flooring: Hardwood, Laminate, Tile
  • Equipment: Garbage Disposal, Dishwasher, Ceiling Fan, Dryer, Microwave, Hood Fan, Washer, Refrigerator, Range/Oven
  • Interior Features: Crown Moldings, Living Room Balcony, Recessed Lighting, Turnkey, Open Floor Plan
  • Kitchen Features: Quartz Counters
  • Cooking Appliances: Free Standing Gas, Gas/Electric Range, Microwave, Oven
  • Laundry: In Unit, Laundry Area, Inside
  • TV Services: TV Satellite Dish - Leased
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Flat
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 04-25-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,080.00
  • Unit Projected Rent: $6,800.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $313,211.00
  • Assessed Improvement Percent: 39.74
  • Assessed Land Value: $474,869.00
  • Assessed Land Percent: 60.26
  • Assessed Total Value: $788,080.00

Property History for 4952 Ferndale Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4952 Ferndale Street

Taxable ValueLand$1,020,000Additions$433,860Total$1,453,860
Tax Record2023$29,723 ($2,477 / month)
Home Facts
Total Finished SqFt2,472 SqFtAbove Grade Finished SqFt2,472 SqFtLot Size5,308 SqFtStyleDuplexYear Built1961ZoningLAR2CountyLOS ANGELESAPN5049-011-039

Schools near 4952 Ferndale Street

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
Public - 9 to 12
Rating
School
Distance
Cienega Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

View Park 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 Redfin, Amy Black, DRE #01454740

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.