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4043 Cumberland Ave, Los Angeles, CA, 90027

$998,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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4043 Cumberland Ave, Los Angeles$998,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage2 spaces
Year Built1920
MLS #OC24254016
Lot Size0.15 Acres
StatusActive

About 4043 Cumberland Ave

Prime residential location. This unique 3 unit Craftsman style income producing property is ideally located in one of the most sought-after areas of Los Angeles, the coveted Los Feliz community. This is an extremely desirable, quiet, low density, tree lined single family neighborhood at the base of the historic Franklin Hills. Los Angeles County identifies this property as a 5 BR/3 BA Multi-family 3 unit triplex. All units have individual P.O. addresses and utilities are separately metered. Each unit has it's own water heater and private laundry. Landlord pays for water & sewer. Current configuration is two buildings plus detached 2 car garage. Front home has two units: unit 1 is two story, 1,315 sf, 2 Br/Den (Den could be used as a bedroom) with 1.5 Ba, unit 2 is a single story studio, 517 sf, with 1 Ba. Unit 3 is a single story bungalow, 665 sf, 2 Br with 1 Ba. Total square footage is approximately 2,500 sf. and the lot is 6,576 sf. Detached 2 car garage is currently being used as storage/work space. All tenants have been well established on the property for many years and are current on all rents. Walker's Paradise. Great opportunity for a stable, income producing asset in a prime, high demand residential location. Being sold with tenants in place, and in its current "as is" condition, no repairs or warranties.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 244-8753
  • Listing Agent: Martin Wilson

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Sunset Dr. to Myra Ave, right on Cumberland

Price Information

Listing Price Info

Price Summary:

  • List Price: $998,000

Tax Information:

  • Annual Amount: $2,074
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

41

# of Sold Homes

1467

4043 Cumberland Ave vs Los Angeles

3 DAYS ON ROCKET

-38 Days

$998,000

-$28.6K Less

KEY TAKEAWAY

This property is $28.6K less 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: #OC24254016

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 244-8753
  • Listing Agent: Martin Wilson

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: 1/2/2025, 11:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,074$146,614
2020$2,017$145,112
2019$1,956$142,268
2018$1,916$139,480
2017$1,916$136,746

History based on county public records data.

Payment Calculator

$5,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,059

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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.

Nearby Schools

school-card-donut-59254
7
/10

  • Franklin Avenue Elementary

  • 1910 N Commonwealth Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-59255
7
/10

  • Micheltorena Elementary

  • 1511 Micheltorena St

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-59256
7
/10

  • Los Feliz STEMM Magnet School

  • 1740 N New Hampshire Ave

  • 0.78 miles

  • Public Magnet Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,297. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90027›4043 Cumberland Ave

This home is located at 4043 Cumberland Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This home, which was built in 1920, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $998,000.

While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November 2024. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.

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

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