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.
Sold for $2,010,000
Listed by: The Agent and Company • Sean Ferdowsian • Contact: 800-886-3080
Bought with: eXp Realty of California, Inc.
Tax assessed value
$2,010,000
4048 Garden Ave, Los Angeles, CA 90039
8beds
8baths
3,913sqft
Quadruplex
Built in 1971
-- sqft lot
$2,151,200 Zestimate®
$514/sqft
$5,580 Estimated rent
Home value
$2,151,200
$1.91M - $2.43M
$5,580/mo
Zestimate® history
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$12,688/mo
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Zillow last checked:
Listing updated:
Listed by:
Sean Ferdowsian DRE #02098433 sean@theagent.co,
The Agent and Company
Bought with:
Scott Gardner, DRE #02048956
eXp Realty of California, Inc.
Source: CRMLS,MLS#: PW24029470
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Rooms
- Room types: Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Double Oven, Dishwasher, Gas Oven, Gas Range, Water Heater, Dryer, Washer
- Laundry: Common Area, Outside
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,913
- Total interior livable area: 3,913 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Driveway
- Carport spaces: 2
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,120 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5594005029
- Zoning: LAR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Custom,Spanish
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Asphalt, Drywall, Glass, Concrete
- Foundation: Slab
- Roof: Asphalt,Flat,Spanish Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Dog Park, Hiking, Park
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $514/sqft
- Tax assessed value: $2,010,000
- Annual tax amount: $24,506
- Date on market: 2/11/2024
- Cumulative days on market: 81 days
- Listing terms: Cash,Conventional,FHA,Submit
- Total actual rent: 4316
- Tenant pays: All Utilities, Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2024 | Sold | $2,010,000+3.1%$514/sqft |
Source:  CRMLS #PW24029470 Report a problem | ||
| 5/3/2024 | Contingent | $1,950,000$498/sqft |
Source: CRMLS #PW24029470 Report a problem | ||
| 4/18/2024 | Price change | $1,950,000-2.3%$498/sqft |
Source: CRMLS #PW24029470 Report a problem | ||
| 3/23/2024 | Listed for sale | $1,995,000$510/sqft |
Source: CRMLS #PW24029470 Report a problem | ||
| 3/4/2024 | Contingent | $1,995,000$510/sqft |
Source: CRMLS #PW24029470 Report a problem | ||
| 2/11/2024 | Listed for sale | $1,995,000+20.9%$510/sqft |
Source: CRMLS #PW24029470 Report a problem | ||
| 7/30/2021 | Sold | $1,650,000-8.2%$422/sqft |
Source: Public Record Report a problem | ||
| 6/17/2021 | Pending sale | $1,798,000$459/sqft |
Source:  RE/MAX International #TR20249795 Report a problem | ||
| 6/17/2021 | Contingent | $1,798,000$459/sqft |
Source: CRMLS #TR20249795 Report a problem | ||
| 6/10/2021 | Listed for sale | $1,798,000$459/sqft |
Source: RE/MAX International #TR20249795 Report a problem | ||
| 3/5/2021 | Pending sale | $1,798,000$459/sqft |
Source: RE/MAX Universal Realty #TR20249795 Report a problem | ||
| 12/2/2020 | Listed for sale | $1,798,000$459/sqft |
Source: RE/MAX Universal Realty #TR20249795 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,506 +15.9% | $2,010,000 +17% |
| 2024 | $21,151 +2% | $1,717,260 +10% |
| 2023 | $20,742 +12.9% | $1,561,200 +2% |
| 2022 | $18,380 +802.1% | $1,530,600 +1018.1% |
| 2021 | $2,037 -0.5% | $136,887 +1% |
| 2020 | $2,047 | $135,490 +2% |
| 2019 | $2,047 +7% | $132,846 +2% |
| 2018 | $1,913 | $130,254 +2.5% |
| 2017 | $1,913 +2% | $127,112 +2% |
| 2016 | $1,875 +5% | $124,621 +1.5% |
| 2015 | $1,785 -0.5% | $122,750 +2% |
| 2014 | $1,795 | $120,347 +2.5% |
| 2012 | -- | $117,456 +2% |
| 2011 | -- | $115,154 +0.8% |
| 2010 | -- | $114,295 -0.2% |
| 2009 | -- | $114,568 +2% |
| 2008 | -- | $112,322 +2% |
| 2007 | -- | $110,120 +2% |
| 2006 | -- | $107,962 |
| 2005 | -- | $107,962 +4% |
| 2004 | -- | $103,773 +1.9% |
| 2003 | -- | $101,872 +2% |
| 2002 | -- | $99,876 +4% |
| 2000 | -- | $95,999 |
Find assessor info on the county website
Neighborhood: Atwater Village
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Nearby schools
GreatSchools rating
- 9/10Glenfeliz Boulevard Elementary SchoolGrades: K-6Distance: 0.2 mi
- 9/10Washington Irving Middle School Math Music and Engineering MagnetGrades: 6-8Distance: 1.7 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,151,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,151,200
- California
- Los Angeles County
- Los Angeles
- 90039
- Atwater Village
- 4048 Garden Ave
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Nearby neighborhoods
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