4331 Gateway Ave
Los Angeles, CA 90029

Bd   — Ba   4,654 Sqft
This is an amazing four-plex in one of the most desirable areas of Silver Lake in Los Angeles. This property is right off Sunset Blvd and Santa Monica Blvd, and your units will NEVER be empty with lines out the door to rent. Front unit is a huge 4 bed 3 bath two story suite. Cap rate of 5.6% at current list price. Units could be rented for more than stated on Pro-Forma. To maximize your rents you could even turn this complex into an Air BNB business and gain up to 20% more than Pro-Forma. This 4654 total square foot building is one of the largest four-unit buildings in the area. The property itself is a must see for any investor, or family looking to acommodate the entire family. FOUR SEPARATE GAS AND ELECTRIC METERS!!!! THAT'S HUGE! GREAT FOR FAMILIES MOVING HERE FROM OUTSIDE OF THE AREA. More pictures to follow shortly. Unit Details: #1: 4/3 - 1800sqft - $4000 month #2: 2/1 - 1050sqft - $2200 month #3: 2/1 - 1050sqft - $2200 month #4: 1/1 - 800sqft - $1500 month
  • Neighborhood: Greater Griffith Park
  • Days on Movoto: 250
  • Year Built: 1969
  • HOA:
  • $/Sqft: $344
  • Lot: 5,009 Sqft
  • Property Type: Multi Family
  • MLS#: PW16132059
  • MLS:
  • Listing Office: F.A.I.R. Plan Inc.
  • Listed By: Quentin Anderson
  • Movoto last checked CRMLS for new data 15 hours ago
  • CRMLS last updated this listing 1 month ago

Home Features for 4331 Gateway Ave , Los Angeles

Overview
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Property History for 4331 Gateway Ave, Los Angeles

Status
Date
Price
Price Change
Jul 7, 2016
$1,599,000
Listed
Jun 14, 2016
$1,699,000
#PW16132059

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500 Molino St #213
  • $1,795,000
  • For Sale

    01/14/2017

  • 1 Bd
  • 1 Ba
  • 3,000 Sqft
  • $598/Sqft
  • Built 1923
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4331 Gateway Ave
  • $1,599,000
  • For Sale

    06/14/2016

  • — Bd
  • — Ba
  • 4,654 Sqft
  • $344/Sqft
  • 5,009 Sqft Lot
  • Built 1969
4331 Gateway Ave in ZIP code 90029 is a multi family home currently listed for $1,599,000. This is 78% above the median of $899,900 for 90029 and 83% above the median price of $875,000 for the city of Los Angeles, CA. As of today, , there are 10 properties listed for sale in the 90029 area and 1,884 properties listed for sale in Los Angeles. Of those 1,884 properties for sale, 1,315 are single family homes and 569 are condos. 4331 Gateway Ave is approximately 4,654 Sqft, 182% above the Los Angeles median of 1,651 and 159% above the 90029 ZIP code median of 1,800. The price per square foot is $344, which is 34% below the median price in 90029 of $520 and 40% below the Los Angeles median of $574 per Sqft.
Built in 1969, this multi family house at 4331 Gateway Ave is approximately 4,654 square feet and comes with 4 parking spots. It is listed on 06/14/2016 for $1,599,000 with a cost per Sqft of $344. 4331 Gateway Ave is located in the Greater Griffith Park neighborhood in the Los Angeles Unified School District. The closest school is Thomas Starr King Middle School.

4331 Gateway Ave has been on the market for 250 days. It's currently listed as active under the MLS #PW16132059.

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