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4048 Garden Avenue $1,995,000


    4048 Garden Avenue Los Angeles, CA 90039

    • 8 Beds
    • 8 Baths
    • 3,913 sq. ft.
    • Multi-Family
    • MLS# PW24029470
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    Views: 1 Days On Market: 13

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    Property Details

    PROPERTY WILL BE DELIVERED WITH TWO VACANT UNITS! Assumable mortgage rate at 2.275%... Looking for an income generating investment property that pays the mortgage for you? Look no further, this turnkey multi-unit complex is located in Los Feliz, near the Atwater Village area. This quadruplex will attract high quality tenants very fast! With Griffith Observatory, Adams Square and Glassel Park nearby this is a very sought after location. It is conveniently located around the corner from nearby restaurants, grocery stores, shops and the I-5 freeway. Perform the ultimate house hack by living in one unit and renting the other three out! Upgrades include but are not limited to, all four units having new copper plumbing, new water heater, bathrooms have been remodeled and all four units have updated flooring. Kitchens have new granite and quartz countertops. Great curb appeal with new exterior paint and artificial turf. Property includes a community laundry room downstairs with a commercial washer and dryer. This quadruplex offers the following: Unit 1: 3 bedrooms 2.5 bathrooms Unit 2: 1 bedroom 1 bathroom Unit 3&4: 2 bedrooms 2 bathrooms. Tenants currently pay for gas and electricity and owner pays for water and outside electricity. Do not disturb tenants.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 1.500 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Separate Electric Meters 4
      • Number Of Separate Gas Meters 4
      • Number Of Separate Water Meters 1
      • Number Of Units Leased 2
      • Number Of Units Total 4
      • Property Condition Updated/Remodeled
      • YearBuilt 1971
    • Building Features
      • Appliances Dishwasher,Double Oven,Gas Oven,Gas Range,Water Heater
      • Architectural Style Custom Built, Spanish
      • Carport Spaces 2.00
      • Cooling Central Air, Wall/Window Unit(s)
      • Entry Location Front
      • Fireplace Features None
      • Flooring Laminate
      • Foundation Details Slab
      • Laundry Features Common Area,Community,Dryer Included,Outside,Washer Included
      • Levels Two
      • Roof Asphalt, Spanish Tile
    • Property Features
      • Fencing Wood
      • Lot Size Acres 0.11
      • Lot Features 2-5 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 6.00



    90039 (Los Angeles) Demographics

    39 Median Age
    7,551 Population Density (per sq. mile)
    60% College Educated
    $88,104 Estimated Median Income
    5,198 Estimated Total Home Owners
    7,079 Estimated Total Renters
    42% / 58% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    29,966 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,650,000 Median Sales Price
    17 Homes Sold
    28 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,995,000
        2/11/2024 12:19:00 PM New in Database Source: Multiple Listing Service New Value: $1,995,000

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        ** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 2/24/2024 5:40:34 PM PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.