4939 Malta Street
Highland Park, CA 90042
Sold
Four detached Spanish style houses in the trendy Highland Park area. Front 2 units are 2-bedroom 1 bath. Back units are 1 bedroom 1den and 1 bath each. Carport space is rented separately. Carport's roof was installed in 2015. Other buildings' roof were installed in 2013. Separated Gas and Electrical Meters for each unit. Most tenants have been living there for more than 14 years. Most copper plumbing pipes and most electrical wires were installed in most areas except unit #4939.5 which has not been done. Newer windows for unit#4939.5. Lots of upside rent potential. Centrally located. Minutes away to Downtown L.A., South Pasadena, Mt. Washington, etc... Close to Fwy 101, 110, 5 and 2. Metro Station is nearby. High demand rental area. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby areas. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Property needs updates and fix up. Buyer to co-operate with seller for the 1031 tax deferred Exchange at no cost to buyer. Expenses are estimated only. Buyers and buyer's agent to do their due diligence to inspect and investigate the permits, room counts, conditions and development requirements of the property.
PROPERTY INFORMATION
MLS # | WS24001976 | Lot Size | 8,400 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Quadruplex |
Price | $ 1,090,000
Price Per SqFt: $ 400 |
DOM | 487 Days |
Address | 4939 Malta Street | Type | Residential Income |
City | Highland Park | Sq.Ft. | 2,724 Sq. Ft. |
Postal Code | 90042 | Garage | N/A |
County | Los Angeles | Year Built | 1927 |
Bed / Bath | 6 / 0 | Parking | 7 |
Built In | 1927 | Status | Closed |
Sold Date | 2024-07-10 |
INTERIOR FEATURES
Has Laundry | No |
Laundry Information | None |
Has Fireplace | No |
Fireplace Information | None |
Has Appliances | Yes |
Kitchen Appliances | Gas Range, Gas Water Heater |
Has Heating | Yes |
Heating Information | Wall Furnace |
Room Information | Converted Bedroom, Kitchen, Living Room |
Has Cooling | Yes |
Cooling Information | Wall/Window Unit(s) |
EntryLocation | Ground Level With Steps |
Entry Level | 3 |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
FoundationDetails | Raised |
Has Pool | No |
Pool | None |
Has Fence | Yes |
Fencing | Partial |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,163
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/10/2024 | Sold | $950,000 |
04/09/2024 | Pending | $1,090,000 |
02/06/2024 | Pending | $1,090,000 |
01/04/2024 | Listed | $1,090,000 |

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Listing provided courtesy of TALIA LAI, Pinnacle Real Estate Group. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.