5 months on rocket

4224 S Western Ave, Los Angeles, CA, 90062

$2,699,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built2022
HeatingCentral
CoolingCentral Air
MLS #CV24150617
Lot Size0.13 Acres
StatusActive

About 4224 S Western Ave

**Beautiful Multi-Unit Property with ADU Near Downtown LA** Discover this recently built multi-unit property featuring four spacious units and an additional ADU. Each unit boasts four bedrooms and four bathrooms, while the ADU offers one bedroom and one bathroom. This property includes 2 garages for 2 car each and 4 car open space ensuring ample parking for residents and guests. Located in a beautiful area close to downtown Los Angeles, this property is an attractive investment opportunity. All units are currently rented, generating strong rental income. Don't miss the chance to bring your buyers to this exceptional property. Act fast, as opportunities like this are rare!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 3

Listing Office:

  • Office Name: OPTION ONE REALTY & INVESTMENT
  • Office Phone: (626) 625-7152
  • Listing Agent: Oscar Isidro Morales Limon

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 110 S. EXIT MARTIN LUTHER KING JR. BLVD, LEFT ONTO WESTERN

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,699,000

Tax Information:

  • Annual Amount: $9,275
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

4224 S Western Ave vs Los Angeles

152 DAYS ON ROCKET

+114 Days

$2,699,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M 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: #CV24150617

Listing Office:

  • Office Name: OPTION ONE REALTY & INVESTMENT
  • Office Phone: (626) 625-7152
  • Listing Agent: Oscar Isidro Morales Limon

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: 12/22/2024, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 14, 2020Home Sold
$755,000
Apr 09, 2018Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,275$755,000
2020$6,987$572,220
2019$1,555$561,000
2018$1,528$105,755
2017$1,528$103,682

History based on county public records data.

Payment Calculator

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,158

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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-955384
4
/10
  • King Jr. Elementary School

  • 3989 S Hobart Blvd

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-955385
5
/10
  • Normandie Avenue Elementary School

  • 4505 S Raymond Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-955386
2
/10
  • 42nd Street Elementary School

  • 4231 4th Ave

  • 0.76 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,250. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900624224 S Western Ave

This home is located at 4224 S Western Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 2022, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $2,699,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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