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$1,750,000   Price Analysis
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4145 S Degnan Blvd
Los Angeles, CA 90008
8 bed 4 bath 4,806 SqFt ($364/SqFt)
6,236SqFt lot. Built 1939
Listed 2024-06-17
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to 4145 Degnan Blvd

A stunning French Normandy Revival, multi-family fourplex nestled in the heart of Leimert Park. This architectural gem boasts a open 4806 square feet of living space, featuring 8 bedrooms and 4 bathrooms. The property exudes timeless elegance with original crown moldings, wainscoting with decorative wall moldings and high ceilings throughout, creating a sense of grandeur in every room. Enjoy the picturesque street scape views and bask in the natural light from the southeastern exposure, illuminating the interior with warmth and brightness. The interior features a harmonious blend of carpet (with hardwood underneath), hardwood and ceramic floors, adding a touch of sophistication to the living spaces. The top corner unit is complete with a balcony, Juliet balcony and a serene back yard, perfect for al fresco dining or simply unwinding amidst the tranquility of the surroundings.Stay comfortable year-round with the convenience of wall unit heating and cooling, while the dedicated laundry room in unit and basement offer practicality and ample storage space.

Parking is a breeze with a garage providing secure parking for your vehicles.Don't miss the opportunity to own this remarkable fourplex that offers both a luxurious living experience and a savvy investment opportunity. Embrace the allure of Los Angeles living in this exceptional multi-family residence and be a part of historic Leimert Park designed by Olmsted. Location is everything; few clocks to the village, park plaza, two metro stops, the Baldwin Hills Crenshaw Mall and many more improvements for entertainment, dining and shopping to come. Leimert Park is a cultural mecca with the character of Greenwich Village and a rich history in architecture, design, culture and community.3 of the 4 units will be delivered vacant. The lot sits above ground and is on a corner lot that backs an alley. Review the City of Los Angeles guidelines to determine how to build 2 adu's to increase income and value.


Presented by Cristina Warfield at
COMPASS.
Listing Agent Photo

Property MLS #24-404229 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Dining Room, Living Room

Laundry Facilities: In Unit, Room, Laundry Area
Laundry Features: In Unit, Room, Laundry Area

Cooling Features: Wall/Window
Heating Features: Gravity

Dining Room Description: 1

Flooring: Hardwood, Ceramic Tile, Wood Under Carpet

Covered Spaces: 4
Garage Spaces: 4
Garage Description: Garage, Detached
Parking Total: 4

Lot Description: Back Yard, Fenced, Alley Paved, Landscaped
Lot Size Acres: 0.1431589
Lot Size Source: Assessor
Lot Size Square Feet: 6236

View: Tree Top
Other Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Gas Dryer Hookup, Washer

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3150, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3250, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 3000

Balcony
Source Listing Status: Active
County: Los Angeles
Cross Street: Degnan and Stocker
Cap Rate: 6.3
Directions: East of Crenshaw at the Northwest corner of Degnan and Stocker
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Owner Pays: Gardener, Water
Parcel Number: 5024-013-009
Postal Code Plus 4: 3707
Property Location: Corner Lot, Alley Access
Zoning: LAR3
Source System Name: C2C

Listed 2024-06-17
$1,750,000
TheMLSCLAW
Listing removed 2023-03-21
$2,800
TheMLSCLAW
Listed for rent 2023-03-17
$2,800
TheMLSCLAW
Listing removed 2023-03-03
$0
TheMLSCLAW
Price Changed for rent 2023-01-28
$2,800
TheMLSCLAW
Listed for rent 2023-01-16
$3,000
TheMLSCLAW

Net Operating Income: 110342.3999999

Total Square Feet Living: 4806
Year Built: 1939
Direction Faces: East, South
Entry Location: Ground Level w/steps
Foundation Details: Raised
Levels: One Level
Living Area Source: Assessor
Property Age: 85
Property Condition: Updated/Remodeled
Roof: Composition, Shingle
Levels or Stories: 2
Building Total Stories: 2
House Style: French Normandy
Year Built Source: Assessor
Architectural Style: French Normandy

Audubon Middle School is a public middle school located approximately 0.1 miles away.
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Forty-Second Street Elementary School is a public elementary school located approximately 0.6 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 0.9 miles away.
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Golden Day Schools is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.