Welcome to 4112 Effie Street, a prime investment opportunity nestled in the sought-after Silver Lake neighborhood of Los Angeles, CA. This property presents a rare chance to acquire a 5-unit investment property with immense potential. The property comprises 4 one-bedroom, one-bathroom units, along with a studio + one bath unit. Spanning across 2,739 square feet of living space, this investment property sits on a generous lot of 8,203 square feet. Zoned LARD1.5, this offering also presents the potential for future development opportunities, making it an enticing prospect for savvy investors.This property offers a unique chance to capitalize on the thriving rental market in Silver Lake. Whether you're seeking an income-generating investment or considering future development possibilities, this property is a compelling option. Close to Sunset Junction with all the amazing shops and restaurants, Erewhon, Farmer's Market, The Win~Dow burger spot, Tartine, and so much more.
Sold for $1,100,000 on 05/24/24
$1,100,000
4112 Effie St, Los Angeles, CA 90029
5beds
5baths
2,739sqft
Multi Family
Built in 1935
-- sqft lot
$-- Zestimate®
$402/sqft
$6,903 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,903/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 24, 2024 at 06:33am
Listed by:
Eugene Ridenour DRE # 01352359 323-855-4380,
Compass 626-205-4040,
Kurt Wisner DRE # 01431217 323-667-0700,
Compass
Bought with:
Susie Park, DRE # 02014723
Compass
Kurt Wisner, DRE # 01431217
Compass
Source: CLAW,MLS#: 24-383055
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Wall
Cooling
- Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
Appliances
- Included: Refrigerator, Range/Oven
Interior area
- Total structure area: 2,739
- Total interior livable area: 2,739 sqft
Property
Parking
- Parking features: Garage - 4+ Car, Garage Is Detached, Driveway, Driveway - Combination
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,197 sqft
Details
- Additional structures: None
- Parcel number: 5429009012
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Community & neighborhood
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 91931
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2024 | Sold | $1,100,000-26.4%$402/sqft |
Source:  CLAW #24-383055 | ||
| 5/15/2024 | Pending sale | $1,495,000$546/sqft |
Source: CLAW #24-383055 | ||
| 5/8/2024 | Contingent | $1,495,000$546/sqft |
Source: CLAW #24-383055 | ||
| 4/23/2024 | Listed for sale | $1,495,000$546/sqft |
Source: CLAW #24-383055 | ||
| 3/22/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,896 +74.5% | $1,122,000 +81.6% |
| 2024 | $7,964 +1.9% | $617,809 +2% |
| 2023 | $7,817 +4.7% | $605,696 +2% |
Find assessor info on the county website
Neighborhood: Silver Lake
Nearby schools
GreatSchools rating
- NALexington Avenue Primary CenterGrades: K-2Distance: 0.4 mi
- 7/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 0.1 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 0.9 mi
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