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4939 Malta Street Highland Park, CA $ 1,090,000
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$ 1,090,000 Get more info
4939 Malta Street
$ 1,090,000
Back to search
Share Save

4939 Malta Street

Highland Park, CA, 90042
$ 1,090,000
Bedrooms6 Baths4.0 Sq 2,724

Monthly Estimate*

$ 7,614

Listed by Pinnacle Real Estate Group
4939 Malta Street, Highland Park, CA 90042 - Image 1

Multi-Family Home for sale in Highland Park, CA

for $1,090,000 with 6 bedrooms and 4 full baths. This 2,724 square foot home was built in 1927 on a lot size of 0.1928.

Four detached Spanish style houses in the trendy Highland Park area. Front 2 units are 2-bedroom 1 bath. Back units are 1 bedroom 1den and 1 bath each. Carport space is rented separately. Carport's roof was installed in 2015. Other buildings' roof were installed in 2013. Separated Gas and Electrical Meters for each unit. Most tenants have been living there for more than 14 years. Most copper plumbing pipes and most electrical wires were installed in most areas except unit #4939.5 which has not been done. Newer windows for unit#4939.5. Lots of upside rent potential. Centrally located. Minutes away to Downtown L.A., South Pasadena, Mt. Washington, etc... Close to Fwy 101, 110, 5 and 2. Metro Station is nearby. High demand rental area. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby areas. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Property needs updates and fix up. Buyer to co-operate with seller for the 1031 tax deferred Exchange at no cost to buyer. Expenses are estimated only. Buyers and buyer's agent to do their due diligence to inspect and investigate the permits, room counts, conditions and development requirements of the property.

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Multi-Family Pending

Price

$ 1,090,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1928

Year Built

1927

Town/City

Highland Park

County/Region

Los Angeles

MLS | Web ID

WS24001976

Days on Market

126
Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityAvailable NaturalGasAvailable PhoneAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasRange GasWaterHeater
HOA 0.0
Garage Spaces 0.0
Pool Features None
Construction Materials Unknown
Year Built 1927
Electric ElectricityOnProperty
Tenant Pays ADAUpgrades CableTV Electricity Gas ParkingFee
View None
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 4359.0
Community Features Suburban
Accessibility Parking
County Los Angeles
Net Operating Income 35028.0
Operating Expense 15012.0
Insurance Expense 2200.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Drive by only. Tenants are not aware of the sale. Please do not disturb tenants there. Drive by only and submit offer subject to interior inspection. Buyer to co-operate with seller's 1031 deferred
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions Cross Streets: Ave 50
City Highland Park
Disclosures RentControl
Entry Location Ground Level With Steps
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 4
MLS Area 632 - Highland Park
Lot Size Square Feet 8400.0
Private Pool N
Waterfront Y/N N
Carport Spaces 3.0
Carport Y/N Y
Number of Units Leased 4
Street Name Malta
Listing Terms Cash CashtoNewLoan Item1031Exchange FHA
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing Conventional
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 0.0
Water Sewer Expense 6000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 0
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 6
Total Actual Rent 4299.0
Property Sub Type Additional Quadruplex
Taxes 18750.0
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Exterior
Fencing Partial
Parking Features Assigned Carport OneSpace
Lot Features StreetLevel
Water Source Public
Total Parking 7.0
Lot Size Area 8400.0
Foundation Details Raised
Number of Buildings 5
Spa N
Building Area Total 2724.0
Lot Dimensions 60X140
Lot Size Acres 0.1928
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 3
Electric On Property Y/N N
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Internal Only
Street Number 1 4939
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* Excluded Features
List By
Pinnacle Real Estate Group

Broker

(626) 926-0236

Phone

Affordability Calculator

$7,614
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,614
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/5/2024$1,090,000 Listed Price

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4939 Malta Street, Highland Park, CA, 90042 is a Multi-Family Home for sale at $1,090,000 with 2,724 sqft and a lot size of 0.1928. 4939 Malta Street has 6 bedrooms, 4.0 baths, and was built in 1927. The property's zip code is 90042 which is in Highland Park, CA

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