NOT LISTED FOR SALE
14 Beds
11 Baths
6,364 Sq Ft
6,295 Sq Ft Lot

Last Sold May 26, 2022

Last sale price $2,050,000 $322 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Ceiling Fan
  • Air Conditioning

About This Home

As of May 2022

4822 Mascot Street is a partially remodeled 5-unit apartment building situated in the heart of the burgeoning Mid City neighborhood of Los Angeles. The property consists of two 3+2's, two 3+2.5's and one 2+1. Four of the five units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms (one unit has central A/C). Additionally, the property has newer landscaping, exterior paint, tank-less water heaters, and newer roofing. The plumbing and electrical have been upgraded as well. There are ten parking spaces and an on-site laundry room with two sets of machines for added income. Superbly located in the heart of the Mid City and near the West Adams commercial corridor, 4822 Mascot Street provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 85 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the La Brea and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.

Last Agent to Sell the Property

Jordan Peikin

Jordan Peikin License #02015987 Listed on: 04/18/2022

Co-Listed By

Nathan Richards

Nathan Richards License #01748598

Last Buyer's Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,295 Sq Ft Lot

Interior Spaces

  • 6,364 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Freezer

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 10 Parking Spaces
  • Carport

Utilities

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

Community Details

  • 5 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5067-012-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 6364
  • Lot Acreage: 0.1445
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Hardwood, Tile
  • Bedrooms: 14
  • Laundry: Room, Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 11.00
  • Equipment: Ceiling Fan, Microwave, Refrigerator, Range/Oven, Freezer
  • Price Per S Q F T: 322.12

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 409959
  • Assessed Land Percent: 70
  • Assessed Land Value: 956572
  • Total Assessed Value: 1366531
  • Assessor Parcel Number: 5067-012-025
  • Lot Size Area: 6295

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.64
  • Number Of Units: 5
  • Rent Control: 100
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
05/26/2022 05/26/22 Sold $2,050,000 0.0% $322 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $2,050,000 +57.7% $322 / Sq Ft
09/20/2017 09/20/17 Sold $1,300,000 -3.7% $204 / Sq Ft View Prior Sale
07/27/2017 07/27/17 For Sale $1,350,000 -- $212 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-146885

The MLS