3 months on rocket

4354 Prospect Ave, Los Angeles, CA, 90027

$1,395,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
1,560 SqFt
$894/SqFt
House

Location

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4354 Prospect Ave, Los Angeles$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1915
HeatingFloor Furnace
CoolingWall/Window Unit(s)
MLS #24414237
Lot Size0.15 Acres
StatusActive

About 4354 Prospect Ave

Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates. The property's incredible location, just east of Hillhurst Avenue, places residents close to local attractions such as the iconic Vista Theater, Home Restaurant, and The Guest House. Each unit boasts its own laundry facilities, adding convenience for tenants and potentially increasing rental value. The gated property provides driveway parking for each unit, a coveted amenity in this bustling urban area. For those with an eye on future development, a detached converted garage comes with preliminary plans for an Accessory Dwelling Unit (ADU), offering potential for additional rental income. The property's Craftsman aesthetic lends a timeless appeal, while recent updates ensure modern comfort. With its prime location and strong rental potential, this multi-family gem presents an excellent opportunity for investors looking to expand their portfolio in one of LA's most vibrant communities. This property isn't just an investment; it's a slice of Los Feliz life, served up with a side of potential and a dash of charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1915
  • Stories: 0
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Robust Real Estate
  • Office Phone: (833) 762-8781
  • Listing Agent: Corey Nelson

Interior Features

Interior Information:

  • Appliances: Microwave, Range
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Between Hillhurst and Commonwealth

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $894/SqFt

Tax Information:

  • Annual Amount: $5,170
  • 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

38

# of Sold Homes

1542

4354 Prospect Ave vs Los Angeles

114 DAYS ON ROCKET

+76 Days

$1,395,000

+$371.5K More

$894/SqFt

+$253 More

KEY TAKEAWAY

This property is $371.5K more than the Median Sold Price and $253/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24414237

Listing Office:

  • Office Name: Robust Real Estate
  • Office Phone: (833) 762-8781
  • Listing Agent: Corey Nelson

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: 11/22/2024, 3:20:50 AM 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$5,170$414,517
2020$5,018$410,267
2019$4,905$402,223
2018$4,798$394,337
2017$4,798$386,606

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-511796
7
/10

  • Franklin Avenue Elementary

  • 1910 N Commonwealth Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-511797
7
/10

  • Los Feliz STEMM Magnet School

  • 1740 N New Hampshire Ave

  • 0.48 miles

  • Public Magnet Grades KG-6

school-card-donut-511798
4
/10

  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.88 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,205. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4354 Prospect Ave

What is the listing price of this property?

The listing price of 4354 Prospect Ave property is $1,395,000.

What type of property is this?

The property 4354 Prospect Ave is a house located in Los Angeles, California, 90027.

Is this property for sale now?

Active Listing: 4354 Prospect Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,170 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4354 Prospect Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4354 Prospect Ave is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4354 Prospect Ave is 1915.

Rocket Homes›California›Los Angeles County›Los Angeles›90027›4354 Prospect Ave

This home is located at 4354 Prospect Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 1,560 square foot home, which was built in 1915, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,395,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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