NOT LISTED FOR SALE

4323 Avocado St Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $2,283,000 - $2,658,000

8 Beds
6 Baths
5,124 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $2,365,000 $462 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,558/month

10 Days on Market

Highlights

  • Views of Trees
  • Fireplace in Bathroom
  • Wood Flooring
  • Franklin Avenue Elementary Rated A-
  • French Architecture
  • High Ceiling

About This Home

As of November 2023

Rare opportunity to own a 4 unit multi-family building in prime Los Feliz location. Fabulous building with four units, each with 2 bedroom,1.5 bath, and approximately 1300 sq. ft. Property has been well maintained, remodeled and painstakingly restored. Historical details, fireplaces, high ceilings, crown moldings, Oak hardwood flooring throughout, remodeled kitchens, bathrooms, powder rooms, huge French windows, light and bright units. Lower front unit is vacant and perfect for owner occupancy. Actual current cap rate of approximately 6.44. Gorgeous curb appeal with lush landscaping, mature fruit trees, two private front yard patios, Rear structure with 5 garages, 6 additional parking spaces on premises. Amazing location, minutes to the Griffith Park Observatory, LA Zoo, recreation centers, Greek Theater, LA Equestrian Center, and a short stroll to the hippest shopping and dining spots in Los Feliz village. Condo conversion possibilities. Broker/agent do not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources and the buyer is advised to independently verify the accuracy of that information.

Last Agent to Sell the Property

Behnam Kanani

United Real Estate Professionals License #01878686 Listed on: 10/08/2023

United Real Estate Professionals

Last Buyer's Agent

Kyle Draper

LPT Realty, Inc License #01920958

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,033

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,014 Sq Ft Lot
  • Fenced Yard
  • Back and Front Yard

Parking

  • 5 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Side by Side Parking

Home Design

  • French Architecture
  • Entry on the 1st floor

Interior Spaces

  • 5,124 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5591-002-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,033

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Style: French
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 5124
  • Lot Acreage: 0.1610
  • Property Condition: Updated/Remodeled
  • Year Built: 1925
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Crown Moldings
  • Fireplace Rooms: Living Room, Kitchen, Dining, Bath
  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 8
  • Bedroom Features: WalkInCloset
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Washer, Range/Oven, Dryer
  • Price Per S Q F T: 505.46

Exterior Features

  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: Other
  • View: Walk Street, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 5
  • Other Spaces: 6
  • Covered Parking: 5
  • Garage Structures: 1
  • Number Rented Garages: 3
  • Parking Garage: Garage - 4+ Car, Side By Side, Detached, Direct Entrance, Parking Space
  • Total Parking: 11

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 500000
  • Assessed Land Percent: 75
  • Assessed Land Value: 1500000
  • Total Assessed Value: 2000000
  • Assessor Parcel Number: 5591-002-014
  • Lot Description: Fenced Yard, Front Yard, Back Yard, Walk Street
  • Lot Size Area: 7014

Rental Info

  • Total Actual Rent: 176040.00
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 4
  • Total Annual Expense: 9200
  • Type Of Units: 4
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Oct 30, 2023
Sold by
Sanusi Yvonne
Bought by
Sanusi Mustapha A
Seller's Agent
Behnam Kanani
United Real Estate Professionals
Buyer's Agent
Kyle Draper
LPT Realty, Inc
List Price
$2,590,000
Sold Price
$2,365,000
Premium/Discount to List
-$225,000
-8.69%
Views
117
Current Estimated Value
$2,466,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,166
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Oct 8, 2023
Closed on
Oct 20, 2023
Sold by
Elizabeth And Lauren Donzis Trust
Bought by
Sanusi Mustapha A and Sanusi Tayi O
Seller's Agent
Behnam Kanani
United Real Estate Professionals
Buyer's Agent
Kyle Draper
LPT Realty, Inc
List Price
$2,590,000
Sold Price
$2,365,000
Premium/Discount to List
-$225,000
-8.69%
Views
117

Purchase Details

Closed on
Dec 2, 2021
Sold by
Tabb Joan M and Joan M Silberman Revocable Trust
Bought by
Donzis Paul B and Elizabeth And Lauren Donzis 2021 Trust

Purchase Details

Closed on
Nov 8, 2011
Sold by
Castro Cecilia Medina and The Consuelo Castro Haynes Rev
Bought by
Tabb Joan M and The Joan M Silberman Revocable

Purchase Details

Closed on
Aug 23, 1995
Sold by
Haynes Consuelo Castro
Bought by
Haynes Consuelo and Haynes Consuelo Castro
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Sanusi Mustapha A -- Fidelity - Sherman Oaks
Sanusi Mustapha A $2,365,000 Fidelity National Title
Donzis Paul B -- None Available
Tabb Joan M $1,175,000 Fidelity National Title
Haynes Consuelo -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $2,365,000 -8.7% $462 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $2,590,000 -- $505 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $29,033 $2,412,300 $1,392,300 $1,020,000
2024 $29,033 $2,365,000 $1,365,000 $1,000,000
2023 $25,128 $2,040,000 $1,530,000 $510,000
2022 $23,961 $2,000,000 $1,500,000 $500,000
2021 $16,635 $1,363,463 $881,901 $481,562
2019 $16,141 $1,323,845 $855,745 $468,100
2018 $15,999 $1,297,904 $838,966 $458,938
2016 $15,264 $1,246,719 $806,389 $440,330
2015 $15,043 $1,227,993 $794,277 $433,716
2014 $15,108 $1,203,940 $778,719 $425,221
Source: Public Records

Agents Affiliated with this Home

  • Behnam Kanani

    Seller's Agent in 2023

    Behnam Kanani

    United Real Estate Professionals

    (310) 926-8469

    1 in this area

    16 Total Sales

    Behnam Kanani
    Section Image
  • Kyle Draper

    Buyer's Agent in 2023

    Kyle Draper

    LPT Realty, Inc

    (323) 646-6442

    4 in this area

    207 Total Sales

    Kyle Draper
    Section Image
  • Pilar Oliva

    Buyer Co-Listing Agent in 2023

    Pilar Oliva

    LPT Realty, Inc

    (626) 394-4704

    1 in this area

    19 Total Sales

    Pilar Oliva
    Section Image
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Map

Source: The MLS

MLS Number: 23-318015

The MLS

APN: 5591-002-014

California Los Angeles County Los Angeles 90027 Los Feliz

4323 Avocado St, Los Angeles, CA

This home is located at 4323 Avocado St, Los Angeles, CA 90027 since 08 October 2023 and is currently estimated at $2,466,166, approximately $481 per square foot. This property was built in 1925. 4323 Avocado St is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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