2 months on rocket

Backup Offers

4048 Garden Ave, Los Angeles, CA, 90039

$1,950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4048 Garden Ave, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport, Driveway
Year Built1971
CoolingCentral Air, Wall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #PW24029470
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4048 Garden Ave

Back on the market!!! PROPERTY WILL BE DELIVERED WITH TWO VACANT UNITS! 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Spanish
  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: The Agent and Company
  • Office Email: Sean@theagent.co
  • Listing Agent: Sean Ferdowsian

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Oven, Gas Range, Water Heater, Dryer, Washer
  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Washington Irving Middle School Math, Music and Engr, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Glenfeliz Boulevard Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Los Feliz and Garden Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000

Tax Information:

  • Annual Amount: $2,037
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4048 Garden Ave vs Los Angeles

86 DAYS ON ROCKET

+52 Days

$1,950,000

+$963.5K More

KEY TAKEAWAY

This property is $963.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24029470

Listing Office:

  • Office Name: The Agent and Company
  • Office Email: Sean@theagent.co
  • Listing Agent: Sean Ferdowsian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 9:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 30, 2021Home Sold
$1,650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,037$136,887
2020$1,983$134,890
2019$1,912$132,246
2018$1,875$129,654
2017$1,875$127,112

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7903987
5
/10
  • Glenfeliz Boulevard Elementary School

  • 3955 Glenfeliz Blvd

  • 0.19 miles

  • Public District Grades KG-6

school-card-donut-7903988
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.23 miles

  • Public Magnet Grades KG-6

school-card-donut-7903989
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.00 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-7903990
7
/10
  • Washington Irving Middle School Math, Music and Engr

  • 3010 Estara Ave

  • 1.70 miles

  • Public Magnet Grades 6-8

school-card-donut-7903991
4
/10
  • Studio

  • 2211 W Avenue 30

  • 2.32 miles

  • Public District Grades 6-8

High School

school-card-donut-7903992
7
/10
  • John Marshall Senior High School

  • 3939 Tracy St

  • 1.30 miles

  • Public Magnet Grades 9-12

school-card-donut-7903993
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.87 miles

  • Public Magnet Grades 9-12

school-card-donut-7903994
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.10 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,201. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900394048 Garden Ave

This home is located at 4048 Garden Ave in Los Angeles, CA and zip code 90039 in the Northeast LA neighborhood. This home, which was built in 1971, sits on a 0.12 acre lot. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $1,950,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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