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4216 Woodlawn Ave

Los Angeles, CA 90011
  • $980,000
  • STATUS: Active Under Contract
  • ON SITE: 294 Days
  • MLS #: 24-380435
Under Contract
UPDATED: 194 min ago
$980,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,280
    SQFT
  • $430
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

ONE UNIT DELIVERED VACANT. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-08T23:43:14.49. 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.
www.deserthouseseekers.com/homes/149615248
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4216 Woodlawn Ave Los Angeles, CA 90011

  • Price: $980,000
  • Status: Active Under Contract
  • On Site: 294 Days
  • Updated: 194 min ago
  • MLS #: 24-380435
4
Beds
4
Baths
0
½ Baths
0.16
Acres
2,280
SQFT
$430
$/SQFT
1923
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
ONE UNIT DELIVERED VACANT. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.
Exterior Features

Covered Parking 0 Cross Streets S. Main Street and 43rd Street Direction Faces West Entry Location Ground Level w/steps Exterior Construction Detached/No Common WallsFrameHard Coat Garage Structures Total 0 Levels Ground Level Lot Location Alley Access Lot Size Area 7128 Other Structures None Parking Garage AssignedDriveway Patio Features Porch - FrontPorch - Rear Paved YN Yes Roof CompositionShingle Style Bungalow Total Parking 8 View Description None View YN No Water Frontage None

Interior Features

Common Walls Detached/No Common Walls Cooling Wall/Window Equipment Garbage Disposal Fireplace Rooms None Flooring HardwoodEngineered HardwoodCeramic Tile Foundation Details Raised Heating Radiant Kitchen Features Granite Counters Water Heater Features Multi-Tank Windows Double Pane Windows

Property Features

Alley YN Yes Assessed Total Value 795000 Disclosures As Is Entry Floor Number 1 Gross Income 64536 Gross Operating Income 64536 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 60492.00 Number Of Buildings 3 Number Of Units 4 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features GatedCard/Code AccessCarbon Monoxide Detector(s) Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 4044 Type Of Units 1 bedroom Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R2

Listing provided courtesy of Daniel E. Rinsch DRE#01483602 of Berkshire Hathaway HomeServices California Propert: 310-829-0629.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-08T23:43:14.49. 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.
 
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