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4122 Sequoia Street
Los Angeles, CA 90039
Sold
4122 Sequoia Street
Los Angeles, CA 90039
Sold
We are pleased to present for sale a 1978 Built (Non-LA City Rent Controlled) 5 Unit multifamily investment opportunity in a supply-constrained market of Atwater Village! Located in one of LA's hottest rental, locations, 4122 Sequoia Street offers investors an opportunity to add substantial value with106% upside potential. The property boasts a strong unit mix of (4) 2 Bedroom & 2 Bath Units and (1) 1 2 Bedroom and 1 Bath Unit. The property has a total square footage of 4,445 SF, is situated on an expansive lot size of 7,000 SF, and zoned R1-1-RIO, with (9) parking spaces available for tenants. The property provides the opportunity to construct an ADU at the rear of the lot Buyer to Verify. Soft-Story Retrofit construction IS REQUIRED to be completed. Located within blocks to famous Los Feliz Blvd and Glendale Blvd, the property is situated in close proximity to Atwater's retail corridors, which provides countless eateries, trendy bars, retail, and coffee shops. Additionally, the property is adjacent to Glendale, the Jewel City, and is within minutes to The Americana at Brand, which offers world-class retail, dining, and entrainment. This rare opportunity is poised for an astute investor looking to capture strong market returns on a supply-constrained product in a booming area where prices and rents continue to appreciate Year-over-Year. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, unit mix, year built, zoning, market rents, soft-story retrofit requirements, and the ability to construct an ADU. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
PROPERTY INFORMATION
| MLS # | 23279983 | Lot Size | 7,001 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,370,000
Price Per SqFt: $ 308 |
DOM | 691 Days |
| Address | 4122 Sequoia Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,445 Sq. Ft. |
| Postal Code | 90039 | Garage | N/A |
| County | Los Angeles | Year Built | 1978 |
| Bed / Bath | 9 / 0 | Parking | 9 |
| Built In | 1978 | Status | Closed |
| Sold Date | 2023-09-12 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | None |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 73 (Very Walkable)
Transit Score: 54 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,461
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/13/2023 | Listed | $1,370,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Eric Dilanian, Remax Commercial and Investment Realty. 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.
