4250 Michael Avenue
Los Angeles, CA 90066
- 6 beds
- 4 baths
- 2,352 sqft
- 4,903 sqft lot
- $892 per sqft
- 1941 build
- – on site
Introducing a remarkable property that offers the perfect blend of comfort, convenience, and income potential. This exquisite home features a traditional main house boasting four bedrooms and two baths, complemented by a fenced front yard offering privacy and charm.As you step inside the main house, you'll be embraced by a warm and inviting atmosphere, offering ample space for living and entertaining. The kitchen is well-designed, while the cozy bedrooms provide a tranquil haven for the entire family.Adjacent to the main house, you'll discover two detached 1-bedroom, 1-bath units in the rear ADU (Accessory Dwelling Unit), each providing a private and comfortable living space. The units are separated by a rear deck, creating an ideal setting for outdoor gatherings and barbecuing.Located less than half a mile from a variety of high-end dining, shopping, and recreation options, including Equinox, Boa, and Gelson's, this property offers unbeatable convenience. Whether planning a night out in Marina Del Rey or Santa Monica or exploring the local area, everything you need is moments away.The main house, previously rented for $5800 ( under market ), will be delivered vacant. Each ADU rental has a proven track record, ranging from $2600 to $2750 for a combined $5250, making them a significant source of rental income. The total property income was $11,050 per month prior to this offering. This property is a prime opportunity for 1031 Exchange buyers or homeowners seeking to offset their expenses with rental income. Whether you're an investor eyeing a profitable venture or a homeowner aiming to maximize your investment, this property is a gateway to endless possibilities. Act now to secure this exceptional property in a sought-after Westside location. Schedule your showing today and turn this dream property into your reality!
Last checked:
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Last updated Jun 1, 2024
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MLS# 24396259 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1941
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New Construction:No
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Architectural Style:Traditional
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Common Walls:No Common Walls
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Faces:West
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Stories Total:2
Interior
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Levels:Two
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Room Type:Bonus Room, Den
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included, Stackable, In Kitchen, Upper Level
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Laundry:1
Room Dimensions
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Living Area:2352.00
Location
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Directions:North of Mindanao, just north of Maxella
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Latitude:33.99004200
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Longitude:-118.43557800
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR1
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Lot Size Area:4903.0000
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Lot Size Dimensions:50x110
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Lot Size Acres:0.1126
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Lot Size SqFt:4903.00
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View:1
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View:Trees/Woods
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Other Structures:Guest House
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:6
Baths
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Total Baths:4
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Full & Three Quarter Baths:4
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Full Baths:4
The Listing
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Buyer's Brokerage Compensation:2.000%
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Special Listing Conditions:Standard
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Buyer's Brokerage Compensation:$2
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Parcel Number:4230019010
Heating & Cooling
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Heating:1
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Heating:Electric, Natural Gas, Heat Pump
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Cooling:Yes
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Cooling:Electric, Gas, Central Air
Appliances
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Appliances:Dishwasher, Refrigerator, Gas Range, Electric Oven, Range, Range Hood
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Included:Yes
The Community
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Senior Community:No
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Street, Off Site
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Parking Spaces:1.00
Monthly cost estimate
![4250 Michael Avenue](https://images.estately.net/89_24396259_0_1716609939_636x435.jpg)
Asking price
$2,100,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$11,244
|
Taxes | N/A |
Insurance | $577 |
Utilities | $183 See report |
Total | $12,004/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/24/24
May 24, 2024
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Listed / Active | CRMLS_CA | $2,100,000 | 151.2% (13.7% / YR) |
7/10/20
Jul 10, 2020
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Listed / Active | CRMLS_CA | ||
4/29/13
Apr 29, 2013
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CRMLS_CA | $836,000 |
![](/assets/transparent-1daff9a9c6d7f19de562a7bfa8b9082c1713c808bc003a206d9c762d13971c66.gif)
43% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $130k above asking price on average, but some went as high as $446k over asking price.