Multifamily Housing
4022 Goodwin Avenue Los Angeles, CA 90039
Details & Description
Price: $950,000
    Owner motivated. Price reduced by $129,000. Perfect starter 4 unit investment in Atwater Village. Subject consists of (2+1) single family home in the front plus 3 units (1+1) in the rear. This is a value-add opportunity. Rents are well below market with actual rents of $45,828. The subject needs TLC. Rents in the area range from $1,500 for 1 bedroom units and $2,500 for 2 bedroom homes. The property has separate electric and gas meters. Low utility bills with each unit having its own water heater. Much of Atwater Village lies along Los Angeles River. Atwater borders Griffith Park, Silver Lake, Glendale and Glassell Park. Less than 2.5 miles to Downtown Glendale with the Americana at Brand shopping/dining complex, Griffith Park, LA Zoo and the Autry Museum. Also conveniently located to the nearby Golden State (5) and Ventura (134) Freeways. See rent roll and offering memorandum in supplements.
    Listing Agents
    Anie Mayelian

    O: 818-915-9118
    anie@mayeliangroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4022 Goodwin Avenue

    Los Angeles, CA 90039

    Listing ID: 270560
    • 4022 Goodwin Avenue Los Angeles, CA 90039 | for Sale | Photo 1
    • 4022 Goodwin Avenue Los Angeles, CA 90039 | for Sale | Photo 2
    4022 Goodwin Avenue | for Sale | Thumbnail 1
    4022 Goodwin Avenue | for Sale | Thumbnail 2
    Building Size: 2,736 SF
    Lot Size: 0.169 AC
    Land Size: 7,363 SF
    Building $/SF: $347.22
    Land $/SF: $129.02
    Price
    $950,000
    Description

    Owner motivated. Price reduced by $129,000. Perfect starter 4 unit investment in Atwater Village. Subject consists of (2+1) single family home in the front plus 3 units (1+1) in the rear. This is a value-add opportunity. Rents are well below market with actual rents of $45,828. The subject needs TLC. Rents in the area range from $1,500 for 1 bedroom units and $2,500 for 2 bedroom homes. The property has separate electric and gas meters. Low utility bills with each unit having its own water heater. Much of Atwater Village lies along Los Angeles River. Atwater borders Griffith Park, Silver Lake, Glendale and Glassell Park. Less than 2.5 miles to Downtown Glendale with the Americana at Brand shopping/dining complex, Griffith Park, LA Zoo and the Autry Museum. Also conveniently located to the nearby Golden State (5) and Ventura (134) Freeways. See rent roll and offering memorandum in supplements.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

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    Los Angeles Area Market Trends

    Listing Demographics for 4022 Goodwin Avenue Los Angeles, CA 90039

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population25,794238,280703,998
    Population Median Age404140
    Population by Age0-9 Yrs2687 (10%)22874 (9%)67309 (9%)
    10-19 Yrs2132 (8%)19673 (8%)61605 (8%)
    20-29 Yrs4438 (17%)34912 (14%)115922 (16%)
    30-39 Yrs4507 (17%)42547 (17%)128195 (18%)
    40-49 Yrs3448 (13%)32818 (13%)99338 (14%)
    50-59 Yrs3235 (12%)32211 (13%)92132 (13%)
    60-69 Yrs2635 (10%)25757 (10%)71541 (10%)
    70+ Yrs2713 (10%)27488 (11%)67956 (9%)
    Median HH Income$54,555$66,201$62,357
    Total Household Income< 24K2446 (25%)20813 (22%)61180 (22%)
    25-49K1974 (20%)16827 (17%)53806 (19%)
    50-74K1656 (17%)14482 (15%)44832 (16%)
    75-99K1038 (10%)11022 (11%)31990 (11%)
    100-199K1747 (18%)21810 (23%)57909 (20%)
    200K+579 (6%)9212 (9%)26182 (9%)
    Highest Education LevelNo Diploma36862506088987
    Diploma or GED48333517397293
    Some College26162808989540
    Assoc. Degree20341713039546
    Bachelors Degree445050532146819
    Higher Degree17252677768132
    Total Housing Units10,050100,773301,007
    --Owner-Occupied1,45026,21577,386
    --Renter-Occupied7,99067,952198,512
    Owner-Occupied Values< 100K653761190
    100-199K8163812
    200-299K636241293
    300-399K8515203558
    400-499K26824776032
    500K+9612105664501
    Total Working Age Population21,759203,407600,568
    In Work Force13,982134,464410,203
    Not In Work Force7,77768,943190,366
    Workforce Employed12,800125,321382,694
    Workforce Unemployed1,0818,96327,213
    Civlian Workforce13,881134,284409,907
    Military Workforce101180295
    Total Households9,44094,167275,899
    Family Households5,68355,263150,606
    Non-Family Households3,75738,904125,293
    Married Couple4,06938,893102,834
    Other Family1,61416,37047,772
    Married w/Child1,74315,59139,540
    Single Male w/Child1001,3534,807
    Single Female w/Child2353,41311,944

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4022 Goodwin Avenue in Los Angeles?
    The asking price for 4022 Goodwin Avenue is $950,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 4022 Goodwin Avenue in Los Angeles is 2,736 square feet
    How much land does the Los Angeles, CA property at 4022 Goodwin Avenue include?
    4022 Goodwin Avenue in Los Angeles includes 0.169 acres of land
    What is the population within 1 mile of 4022 Goodwin Avenue in Los Angeles?
    The population within 1 mile of 4022 Goodwin Avenue Los Angeles, CA 90039 is 25,794 people.
    Who do I contact for questions about 4022 Goodwin Avenue?
    You should contact the listing agent, Anie Mayelian, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 16
    Ontario International Airport (ONT) 39
    John Wayne Airport-Orange County Airport (SNA) 39
    Price
    $950,000
    Listing Agent
    More listings from Anie Mayelian
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