NOT LISTED FOR SALE

4219 W 28th St Los Angeles, CA 90018

Jefferson Park Neighborhood
24 Beds
2 Baths
12,734 Sq Ft
0.45 Acres

Last Sold March 02, 2015

Last sale price $2,345,000 $184 Per Sq Ft

21 Days on Market

Highlights

  • Gated Parking
  • Ground Level Unit
  • Instant Hot Water
  • 19,592 Sq Ft lot
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

As of March 2015

Spacious 24 unit building, totally remodeled. Scheduled rents are $217,764 and with the right management there is upside in that figure. Listed at a 10.6 GRM and at a cost of $182 per sqft this is a great deal. All new electric, roof and most plumbing, this will be an easy building to run. There is an area for a laundry room but it has not been utilized, which would provide additional income. The units are separately metered for gas and electric. Secure intercom, camera system and automatic gate with parking for 10 cars. You may be able to get a couple more. Once again, current rent roll is $18,147 per month for a yearly total of $217,764. Rent roll and unit mix under private remarks.

Last Agent to Sell the Property

Mark Manfield

Manfield & Associates License #01238344 Listed on: 01/12/2015

Last Buyer's Agent

Laurence DeMers

DeMers & Associates License #01250383

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 0.45 Acre Lot
  • South Facing Home
  • Gated Home

Interior Spaces

  • 24 Bedrooms
  • 12,734 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Instant Hot Water

Parking

  • 10 Parking Spaces
  • Gated Parking

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5051-006-011

Community Details

Overview

  • 5 Buildings
  • 24 Units

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 12734
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 182.58

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 10

Utilities

  • Water Heater: Instant Hot Water
  • Heating: Wall
  • Security: Gated, Resident Manager, Smoke Detector
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Assessed Improvement Value: 700570
  • Assessed Land Value: 1092935
  • Assessor Parcel Number: 5051-006-011
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 19592

Rental Info

  • Lease Per Month Year: Month
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.67
  • Number Of Units: 24
  • Rent Control: 100
  • Type Of Units: Apartments

Range of Values:

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Average Value
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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
03/02/2015 03/02/15 Sold $2,345,000 +0.9% $184 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $2,325,000 -- $183 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Manfield

    Manfield & Associates

    (310) 938-6299

    2 Total Sales

    Mark Manfield
    Section Image
  • Laurence DeMers

    Buyer's Agent in 2015

    Laurence DeMers

    DeMers & Associates

    (310) 836-0340

    2 Total Sales

    Laurence DeMers
    Section Image
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Map

Source: The MLS

MLS Number: 15-820831

The MLS
California Los Angeles County Los Angeles 90018 Jefferson Park

4219 W 28th St, Los Angeles, CA

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