PCS Group is pleased to exclusively present for sale an RTI 47-unit Type V-A 4 story apartment building dedicated entirely to affordable housing, replacing an existing one- story commercial structure of 3,696 square feet with a total area of 28,773 square feet. The architectural design features stacked, offset masses that not only enhance the building's visual appeal but also create recessed spaces for landscaped areas. This dynamic yet balanced faade aligns with modern architectural trends, offering both functionality and aesthetic appeal. The building will include 8 units for very low-income residents (as per Schedule VI), 38 units for low-income residents (as per Schedule I), and 1 unit reserved for the building manager, with no on-site parking provided to promote an environmentally friendly project, and aligns with the city goals. A roof deck will offer common open space, enhancing the living experience for residents. The project is fully privately funded, with no reliance on tax credits or public housing programs, and by setting aside 100% of the units for affordable housing, it qualifies for the TOC (Transit Oriented Communities) Tier 4 affordable housing program, contributing to the availability of low-cost housing options in the area.
Property Details
Property Features
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Amir Lashgari
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.27 Acres
Other
Directions Information:
Directions: East of S Western Ave / South of West Vernon Ave
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Tax Information:
Annual Amount: $3,518
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.0M 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: #24437687
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Amir Lashgari
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: 11/21/2024, 8:20:51 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
DATE
EVENT
PRICE
Jun 28, 1993
Jun 28, 1993Home Sold
$225,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,518
$248,227
2020
$3,424
$245,683
2019
$3,282
$240,867
2018
$3,220
$236,146
2017
$3,220
$231,516
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Normandie Avenue Elementary School
4505 S Raymond Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-5
4
/10
King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.59 miles
Public District Grades KG-5
4
/10
Western Avenue Elementary
1724 W 53rd St
Distance between this listing and this school0.62 miles
Public Magnet Grades KG-5
Nearby Schools
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school0.13 miles
Public District Grades 6-8
3
/10
La's Promise Charter Middle #1
1700 W 46th St
Distance between this listing and this school0.13 miles
Public Charter Grades 6-8
3
/10
Kipp Scholar Academy
1729 W Martin Luther King Jr Blvd
Distance between this listing and this school0.58 miles
Public Charter Grades 5-8
Nearby Schools
6
/10
La's Promise Charter High #1
1755 W 52nd St
Distance between this listing and this school0.52 miles
Public Charter Grades 9-12
5
/10
Alliance Ouchi-O'Donovan 6-12 Complex
5356 5th Ave
Distance between this listing and this school1.01 miles
Public Charter Grades 6-12
3
/10
Manual Arts High School
4131 S Vermont Ave
Distance between this listing and this school1.02 miles
The neighbors living near this home have an average income of $36,023. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4424 S Western Ave
What is the listing price of this property?
The listing price of 4424 S Western Ave property is $3,100,000.
What type of property is this?
The property 4424 S Western Ave is land located in Los Angeles, California, 90062.
Is this property for sale now?
Active Listing: 4424 S Western 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 $3,518 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 28, 1993 for $225,000. (source: MLS/tax record).
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This home is located at 4424 S Western Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home sits on a 0.27 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $3,100,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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