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4612 Clarissa Ave, Los Angeles, CA 90027

4 beds, 3 baths, 2,577 sqft
Sold: $650,000
Sold on 12/02/11
Zestimate®: $1,041,804
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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Does it get any better than this? This is the one you have been waiting for to pop up in such a great neighborhood. 3 unit in Los Feliz, in a prime location, close to all the stores, restaurants, theatres, coffee places, library etc. It has great income at a very reasonable price for this location. Built in 1941 in a traditional Spanish style (just needs the tile roof) and is situated on a flat lot with great yard space in the back. There is a 2 bedroom 1 bath upstairs ($1600 rent) in the front building, and a 1 bedroom 1 bath ($928 rent) on the ground level. And a 1 bedroom, 1 bath over the 3 car garage (rent $1069) It can be a great investment property with cash flow and still even a good deal of potential. Or you can live in one and rent the others out to help pay the mortgage. Washer dryer hook ups in front building for each unit. Property will be shown with accepted offer. Drive by only. Pls Do not disturb tenants. Showing w/ accepted offer.  MoreLess
 
Facts
  • Lot: 5,227 sqft
  • Single Family
  • Built in 1941
  • Last sold: Dec 2011 for $650,000
  • Price/sqft: $252
Construction
  • Unit count: 3
Other
  • Floor size: 2,577 sqft
  • Parcel #: 5590014015
  • Zillow Home ID: 20810593
Home Values
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$1,041,804
+$150,090 Last 30 daysd
$917K
$1.19M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,932/mo
+$122 Last 30 daysd
$1.6K
$4.8K
Zestimate range
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Neighborhood for 4612 Clarissa Avenue

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Zillow predicts Los Feliz home values will increase 5.5% next year, compared to a 5.9% increase for Los Angeles as a whole. Among Los Feliz homes, this home is valued 12.5% less than the midpoint (median) home, and is valued 59.2% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Los Feliz market, the number of foreclosures waiting to be sold decreased 6.2% in the last year. The number of unsold foreclosures is 46.8% less than in Los Angeles, and 62.7% lower than the national average. This lower local number could help Los Feliz home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Los Feliz home values.
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