NOT LISTED FOR SALE
14 Beds
13 Baths
8,908 Sq Ft
7,451 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $4,725,000 $530 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Attached Carport
  • R. L. Stevenson Elementary School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

As of October 2022

4100 W McFarlane Ave offers thirteen turnkey units ideally located within steps of Warner Bros. Studios and a wide array of shopping, dining, and entertainment options. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent to Toluca Lake and Studio City. Additionally, the property is not subject to any local or city rent control and only subject to AB-1482. The property sits on 7,451 SF of land with 8,908 SF of rentable space consisting of (2) two-bedroom, one bath units, (10) one-bedroom, one bath units, and (1) studio. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset.

Last Agent to Sell the Property

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 08/09/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 08/09/2022

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,451 Sq Ft Lot
  • Gated Home

Home Design

  • Garden Home

Interior Spaces

  • 8,908 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Attached Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 13 Units

Listing and Financial Details

  • Tenant pays for cable TV, special
  • The owner pays for gas, water, electricity
  • Assessor Parcel Number 2485-013-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Garden Home
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 8908
  • Lot Acreage: 0.1710
  • Price Per Unit: 357692.00
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Oven-Gas, Microwave
  • Bedrooms: 14
  • Bathroom Features: Shower Over Tub
  • Laundry: Laundry Area
  • Total Bathrooms: 13.00
  • Equipment: Ceiling Fan, Microwave, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 522.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 10
  • Parking Garage: Carport Attached
  • Total Parking: 10

Utilities

  • Cooling: Ceiling Fan, Wall Unit(s)
  • Heating: Wall Electric
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 71.23
  • Assessed Improvement Value: 162544
  • Assessed Land Percent: 28.77
  • Assessed Land Value: 65653
  • Total Assessed Value: 228197
  • Assessor Parcel Number: 2485-013-013
  • Lot Size Area: 7451

Rental Info

  • Total Actual Rent: 312588.00
  • Owner Pays: Gas, Water, Electricity
  • Tenant Pays: Cable TV, Special

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118
  • Gross Rent Multiplier: 14.53
  • Number Of Units: 13
  • Type Of Units: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $4,725,000 +1.6% $530 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $4,650,000 -- $522 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $54,156 $4,915,890 $1,966,356 $2,949,534
2024 $54,156 $4,819,500 $1,927,800 $2,891,700
2023 $53,581 $4,725,000 $1,890,000 $2,835,000
2022 $3,752 $232,760 $66,966 $165,794
2021 $3,679 $228,197 $65,653 $162,544
2019 $3,565 $225,330 $63,706 $161,624
2018 $3,444 $220,989 $62,457 $158,532
2016 $3,146 $208,661 $60,033 $148,628
2015 $3,099 $205,528 $59,132 $146,396
2014 $3,184 $201,503 $57,974 $143,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-187823

The MLS
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