4516 S Western Ave
Los Angeles, CA 90062

Bd   — Ba   5,706 Sqft
The subject property is a two-story mixed-use residential/storefront retail property located at 4514-4516 South Western Avenue in the up and coming Vermont Square District of the city of Los Angeles. The building was built in 1923 and is composed of two large residential units on the second floor over storefront retail space on the ground floor. The residential units are on the second floor and they are accessed via an interior stairway off of Western Avenue in the front of the building and also via an open stairway at the rear of the building adjacent to the parking area. Both units are 3br/1ba units of approximately 1,005 square feet. The units are separately metered for gas and electric and each unit has its own water heater. The storefront retail space on the ground floor is in shell condition and will need to be improved for a new tenant. The size of this space is approximately 3,608 square feet (net rentable) and the last tenant to occupy the suite was a local church. There are two front doors accessing the suite located in the front of the building on Western Avenue and one back door that accesses the suite from the parking lot. The two separate front doors would make it fairly easy to divide the space into two separate suites if a new owner so desires. The parking lot at the rear of the property is roughly 44’ x 40’ in size and would most likely fit four or five cars.
  • Neighborhood: Congress Central
  • Days on Movoto: 46
  • Year Built: 1923
  • HOA:
  • $/Sqft: $105
  • Lot: 5,720 Sqft
  • Property Type: Multi Family
  • MLS#: PW17004823
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Matthew Wenzel
  • Movoto last checked CRMLS for new data 38 minutes ago
  • CRMLS last updated this listing 3 weeks ago

Home Features for 4516 S Western Ave , Los Angeles

Overview
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Property History for 4516 S Western Ave, Los Angeles

Status
Date
Price
Pending
Jan 30, 2017
Listed
Jan 9, 2017
$599,000
#PW17004823
Canceled
Jun 8, 2016
#PW16051415
Listed
Jun 8, 2016
$699,000
#PW16124201
Listed
Mar 11, 2016
$899,900
#PW16051415

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4516 S Western Ave
  • $599,000
  • Pending

    01/09/2017

  • — Bd
  • — Ba
  • 5,706 Sqft
  • $105/Sqft
  • 5,720 Sqft Lot
  • Built 1923
As of , there are 19 properties listed for sale in ZIP code 90062 and 1,884 properties listed for sale in the city of Los Angeles, CA. Those 1,884 properties include 1,315 single family homes and 569 condos. This property at 4516 S Western Ave in 90062 is currently listed for $599,000. This is 32% below the median price of $875,000 for Los Angeles and 20% above the median of $499,900 for 90062. 4516 S Western Ave is approximately 5,706 square feet, which is 246% above the Los Angeles median of 1,651 and 306% above the 90062 ZIP code median of 1,406. This property's price per Sqft is $105, which is 71% below the median price in 90062 of $358 and 82% below the Los Angeles median of $574 per square foot.
Built in 1923, this multi family house at 4516 S Western Ave is approximately 5,706 square feet and comes with 5 parking spots. It is listed on 01/09/2017 for $599,000 with a cost per Sqft of $105. 4516 S Western Ave is located in the Congress Central neighborhood in the Los Angeles Unified School District. The closest school is Barack Obama Global Preparation Academy.

4516 S Western Ave has been on the market for 46 days. It's currently listed as pending under the MLS #PW17004823.

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