Active Under Contract

4048 Garden Avenue

Los Angeles CA, 90039

$1,950,000


$498.34 per sqft

Active Under Contract

3,913 sqft

Multi-family

Built in 1971

Listed by Sean Ferdowsian with The Agent and Company 800-886-3080

Back on the market!!! PROPERTY WILL BE DELIVERED WITH TWO VACANT UNITS! Looking for an income generating investment property that pays the mortgage for you? Look no further, this turnkey multi-unit complex is located in Los Feliz, near the Atwater Village area. This quadruplex will attract high quality tenants very fast! With Griffith Observatory, Adams Square and Glassel Park nearby this is a very sought after location. It is conveniently located around the corner from nearby restaurants, grocery stores, shops and the I-5 freeway. Perform the ultimate house hack by living in one unit and renting the other three out! Upgrades include but are not limited to, all four units having new copper plumbing, new water heater, bathrooms have been remodeled and all four units have updated flooring. Kitchens have new granite and quartz countertops. Great curb appeal with new exterior paint and artificial turf. Property includes a community laundry room downstairs with a commercial washer and dryer. This quadruplex offers the following: Unit 1: 3 bedrooms 2.5 bathrooms Unit 2: 1 bedroom 1 bathroom Unit 3&4: 2 bedrooms 2 bathrooms. Tenants currently pay for gas and electricity and owner pays for water and outside electricity. Do not disturb tenants.

PW24029470

MLS ID

February 9, 2024

Listed

May 9, 2024

Updated

Map

4048 Garden Avenue
Los Angeles CA, 90039

Interior Features

Total Stories

2


Appliances

Double Oven, Dishwasher, Gas Oven, Gas Range, Water Heater, Dryer, Washer


Laundry Description

Common Area, Outside


Floor Description

Laminate


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

2-5 Units/Acre


Architectual Style

Custom, Spanish


Roof

Asphalt, Flat, Spanish Tile


Sewer

Public Sewer

Other Property Details

Area Name

637 - Los Feliz


Days on Market

81


Garage

No


Parking

Carport, Driveway


Parking Total

6


View

Yes


View Description

Neighborhood


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR1


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

5/3/2024

Under Contract

4/18/2024

Price Change

$1,950,000

-3%

3/23/2024

Active

3/4/2024

Under Contract

Listing Contact: 800-886-3080 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 3:41 PM UTC

 

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