NOT LISTED FOR SALE

4112 Effie St Los Angeles, CA 90029

5 Beds
5 Baths
2,739 Sq Ft
8,198 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $1,100,000 $402 Per Sq Ft

14 Days on Market

Highlights

  • 4 Car Garage
  • John Marshall Senior High Rated A
  • 1-Story Property

About This Home

As of May 2024

Welcome to 4112 Effie Street, a prime investment opportunity nestled in the sought-after Silver Lake neighborhood of Los Angeles, CA. This property presents a rare chance to acquire a 5-unit investment property with immense potential. The property comprises 4 one-bedroom, one-bathroom units, along with a studio + one bath unit. Spanning across 2,739 square feet of living space, this investment property sits on a generous lot of 8,203 square feet. Zoned LARD1.5, this offering also presents the potential for future development opportunities, making it an enticing prospect for savvy investors.This property offers a unique chance to capitalize on the thriving rental market in Silver Lake. Whether you're seeking an income-generating investment or considering future development possibilities, this property is a compelling option. Close to Sunset Junction with all the amazing shops and restaurants, Erewhon, Farmer's Market, The Win~Dow burger spot, Tartine, and so much more.

Last Agent to Sell the Property

Eugene Ridenour

Compass License #01352359 Listed on: 04/22/2024

Compass

Co-Listed By

Kurt Wisner

Compass License #01431217

Last Buyer's Agent

Susie Park

Compass License #02014723

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 8,198 Sq Ft Lot

Interior Spaces

  • 2,739 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Utilities

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

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5429-009-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2739
  • Lot Acreage: 0.1882
  • Stories: 1
  • Year Built: 1935
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 545.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached, Driveway, Driveway - Combination

Utilities

  • Cooling: Wall Unit(s), Wall/Window, Window Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 42.72
  • Assessed Improvement Value: 258742
  • Assessed Land Percent: 57.28
  • Assessed Land Value: 346954
  • Total Assessed Value: 605696
  • Assessor Parcel Number: 5429-009-012
  • Lot Size Area: 8198

Rental Info

  • Total Actual Rent: 91931.00
  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 5
  • Total Annual Expense: 31087
  • Type Of Units: 5 Units
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
05/24/2024 05/24/24 Sold $1,100,000 -26.4% $402 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $1,495,000 -- $546 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eugene Ridenour

    Seller's Agent in 2024

    Eugene Ridenour

    Compass

    (323) 855-4380

    6 in this area

    61 Total Sales

    Eugene Ridenour
    Section Image
  • Kurt Wisner

    Seller Co-Listing Agent in 2024

    Kurt Wisner

    Compass

    (323) 841-3839

    57 in this area

    389 Total Sales

    Kurt Wisner
    Section Image
  • Susie Park

    Buyer's Agent in 2024

    Susie Park

    Compass

    (818) 434-3880

    6 in this area

    44 Total Sales

    Susie Park
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-383055

The MLS
California Los Angeles County Los Angeles 90029

4112 Effie St, Los Angeles, CA

This home is located at 4112 Effie St, Los Angeles, CA 90029 since 22 April 2024. This property was built in 1935. 4112 Effie St is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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