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3994 S La Salle Ave Los Angeles, CA, 90062
$2,400,000 Home pending 12 beds 7,199 sqft
Introducing this stunning new construction quadplex, proudly green-certified, nestled in the vibrant city of Los Angeles! Merely 1.3 miles from USC, an easy 6-minute bike ride away, this prime property boasts four units, each featuring 3 bedrooms. Among these, two units offer 3.5 bathrooms, while the remaining two include 3 bathrooms, totaling 12 bedrooms and 13 bathrooms. Experience unparalleled luxury with upscale finishes and impeccable construction quality, all under a current cap rate of 5.38%. Each unit is separately metered, ensuring the landlord incurs no utility expenses. Moreover, seize the opportunity to transform the four-car tandem garage into an ADU (accessory dwelling unit) without the need for additional parking, potentially elevating the pro forma cap rate to 7.31%. By converting the side-by-side garage, a second ADU could be established, adding an extra 1-2-bedroom unit to significantly boost the cap rate. This presents an opportunity to potentially achieve a cap rate exceeding 8%, an unprecedented feat in new construction within this rapidly growing area. This customizable ADU could serve as a lucrative income source or a private living space, complete with kitchen, bathroom, and living area. Discover generously sized bedrooms with ample closet space and sleek,
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Property details
7,199 sqft interior area
Property type
Home
Interior area
7,199 sqft
View
Canyon, City Lights, Mountain(s), Other
Land area
6,534 sqft (0.15 acres)
Price per sqft
$333/sqft
Days on Verhouse
86
Address
3994 S La Salle Ave, Los Angeles, CA, 90062
City of California
Los Angeles
County
Los Angeles
Year Built
2022
District
Listing
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
Wood floors
Beds
12
Floors
Wood
Security
Smoke Detector(s)
Garage & Parking
Assigned, Tandem
Laundry Features
Gas Dryer Hookup, Other
Heathing & Cooling
Central Air, Other, Central
Amenities
Other
Appliances
Tankless Water Heater
Listed by
Drew Dunn, Four Brothers Real Estate
Name
Drew Dunn
License number
01941825
Brokerage company
Four Brothers Real Estate
MLS #
CROC24036012
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Calculate your monthly payments
Mortgage
$7,369
Taxes
$0
HOA dues
$0
Mortgage
$480,000 / 20%
2.28%
30 years
Your amount
$7,369 / month
Exterior Features
Aluminum Siding, Concrete, Wood Siding, Other, Plaster construction and more
Utilities
Sewer Connected
Construction
Aluminum Siding, Concrete, Wood Siding, Other, Plaster
Yard
Other
Lot details
TMK #5036029019
Parcel nr.
5036029019
90062 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90062
46%
Families with children
National average: 39%
36%
Non family households
785,249
Population
$58,551
Average Income
Age & gender
Median age 34 years
More info
Commute types
76% commute by car
More info
Education level
32% have not graduated education
More info
Number of employees
1% work in construction
More info
Vehicles available
37% have 1 vehicle
More info
Vehicles by gender
37% have 1 vehicle
More info
Housing market insights for
$969.17k
Neighborhood average
sales price*
sales price*
$806k
Neighborhood median
sales price*
sales price*
579
Number
of sales*
of sales*
Housing type
39% are single detacheds
More info
Rooms
40% of the houses have 4 or 5 rooms
More info
Bedrooms
56% have 2 or 3 bedrooms
More info
Owners vs Renters
68% are renters
More info
17.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Pending May 9, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 9, 2024 | Pending | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Mar 25, 2024 | For sale | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Mar 23, 2024 | Rented | $3,650 | 0 | MLS #CROC24035583 |
| Mar 23, 2024 | Temporarily Withdrawn | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Mar 14, 2024 | For sale | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Mar 7, 2024 | Temporarily Withdrawn | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Feb 22, 2024 | New Listing | $2,400,000 | 333.38 | MLS #CROC24036012 |
| Feb 20, 2024 | New Listing | $3,650 | 0 | MLS #CROC24035583 |
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Frequently Asked Questions about 3994 S La Salle Ave
What is 3994 S La Salle Ave?
3994 S La Salle Ave, Los Angeles, CA, 90062 is a single family home located in the city of Los Angeles, California with zipcode 90062. This single family home has 12 bedrooms with an interior area of 7,199 sqft.
Which year was this home built?
This home was build in 2022.
What is the full address of this Home?
3994 S La Salle Ave, Los Angeles, CA, 90062.
Are grocery stores nearby?
The closest grocery stores are Food 4 Less, 0.97 miles away and Trader Joe's, 1.57 miles away.
What is the neighborhood like?
The 90062 zip area has a population of 785,249, and 46% of the families have children. The median age is 34.75 years and 76% commute by car. The most popular housing type is "single detached" and 68% is renter.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 09, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Food 4 Less, 0.97 miles away and Trader Joe's, 1.57 miles away.
The 90062 zip area has a population of 785,249, and 46% of the families have children. The median age is 34.75 years and 76% commute by car. The most popular housing type is "single detached" and 68% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
