Under Contract

4422 3rd Ave

Los Angeles CA, 90043

$720,000


$392.16 per sqft

Under Contract

2 Beds

2 Baths

1,836 sqft

Multi-family

Built in 1924

$30,000 price improvement. Way below market. Spanish style bungalow duplex, adjacent to the famous Leimert Park with ONE UNIT (Unit 4422) COMPLETELY VACANT AND REMODELED and currently used as an Air B and B!!!! Perfect opportunity to live in one unit, and collect rents from the second unit. The vacant unit (4422) is newly renovated with coved ceiling and an arched entryway. Improvements include luxury vinyl plank, new paint, upgraded plumbing, and electrical. The kitchen has been modernized with quartz counters, recessed lighting, soft close cabinets, and stainless steel appliances. The bedroom has an extended closet area along with the brand new bathroom that includes beautiful tile floors and a resort-like spacious glassed enclosed shower. Both units include in-unit laundry. Unit (4424) has a long-term, very reliable tenant. (Let's talk about this.) The possibilities are endless. The lot is large enough to possibly add second bedrooms. A 2-car garage (great for storage as well) is located in the backyard area with a long driveway. Rents shown are projected from Section 8 payment standards for 1 bedrooms. This is a solid investment!

24-405045

MLS ID

June 19, 2024

Listed

July 18, 2024

Updated

Map

4422 3rd Ave
Los Angeles CA, 90043

Interior Features

Total Stories

0


Bedrooms

2


Total Bathrooms

2


Appliances

Dishwasher, Microwave, Refrigerator, Washer, Dryer


Laundry Description

In Closet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Gas

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Spanish

Other Property Details

Area Name

Park Hills Heights


Days on Market

29


Garage

Yes


Parking

Driveway, Garage


Parking Total

7


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR2

Listing History

Date

Event

Price

7/17/2024

Under Contract

7/6/2024

Price Change

$720,000

-4%

Listed by Soraya Machado-Powell with Vylla Home, Inc.
Listing Contact: 310-213-4993 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Joseph Custer | CA DRE# 01846723 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/18/2024

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