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4048 Garden Avenue Los Angeles, CA $ 1,950,000
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$ 1,950,000 Get more info
4048 Garden Avenue
$ 1,950,000
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Share Save

4048 Garden Avenue

Los Angeles, CA, 90039
$ 1,950,000
Bedrooms3 Baths2.0 Sq 3,913

Monthly Estimate*

$ 13,621

Listed by The Agent and Company
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Multi-Family Home for sale in Los Angeles, CA

for $1,950,000 with 3 bedrooms and 2 full baths. This 3,913 square foot home was built in 1971 on a lot size of 0.1175.

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.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Custom,Spanish

Lot Size

0.1175

Year Built

1971

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24029470

Days on Market

82
Features
General
Sewer PublicSewer
Cooling CentralAir WallWindowUnits
Roof Asphalt Flat SpanishTile
Appliances DoubleOven Dishwasher GasOven GasRange WaterHeater Dryer Washer
Zoning LAR1
HOA 0.0
Garage Spaces 0.0
Architectural Style Custom Spanish
Pool Features None
Construction Materials Asphalt Drywall Glass Concrete
Year Built 1971
Tenant Pays AllUtilities Electricity Gas
View Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 120612.0
Community Features DogPark Hiking Park
County Los Angeles
Net Operating Income 118812.0
Operating Expense 1800.0
Insurance Expense 1300.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency None
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Los Feliz and Garden Ave
City Los Angeles
Entry Location Front
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 4
MLS Area 637 - Los Feliz
Lot Size Square Feet 5120.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Number of Units Leased 2
Street Name Garden
Listing Terms Cash Conventional FHA Submit
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Trash Expense 0.0
Water Sewer Expense 1200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 79
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 15
Total Actual Rent 4316.0
Property Sub Type Additional Quadruplex
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea Outside
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Wood
Parking Features Carport Driveway
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 6.0
Lot Size Area 5120.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3913.0
Lot Size Acres 0.1175
Road Surface Type Paved
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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Internal Only
Street Number 1 4048
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* Excluded Features
List By
The Agent And Company

Broker

(800) 886-3080

Phone

Affordability Calculator

$13,621
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
--
Monthly Home Insurance
--
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
4/18/2024$1,950,000 -2.26% Price Down
2/11/2024$1,995,000 Listed Price

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4048 Garden Avenue, Los Angeles, CA, 90039 is a Multi-Family Home for sale at $1,950,000 with 3,913 sqft and a lot size of 0.1175. 4048 Garden Avenue has 3 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 90039 which is in Los Angeles, CA

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