Sold for $1,170,000

Listed by: Stevenson Real Estate Services • David Stevenson • Contact: 818-956-7001

Bought with: Stevenson Real Estate Services

$1,170,000

131 N Avenue 51, Los Angeles, CA 90042

17beds

15baths

7,095sqft

Multi Family

Built in 1963

-- sqft lot

$1,299,700 Zestimate^®

$165/sqft

$3,454 Estimated rent

Home value

$1,299,700

$1.14M - $1.49M

$3,454/mo

Zestimate^® history

Owner options

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$3,454/mo

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$3,454/mo

Rent Zestimate^®

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$7,444/mo

Est. payment

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$7,444/mo

Est. payment

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What's special

Heart of highland parkCentral hot water heaterLaundry machinesCarport parking spaces

Excellent opportunity to purchase an apartment building in the heart of Highland Park just off of Figueroa Street; the property is eight (8) units with an excellent unit mix: (2) 3+3, (1) 3+2, (2) 2+2, (1) 2+1 and (2) 1+1; significant upside in rents; the units are separately metered for electricity and gas; central hot water heater; laundry machines are leased; eight (8) carport parking spaces

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 15

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 7,095
Total interior livable area: 7,095 sqft

Property

Parking

Total spaces: 8
Parking features: Carport
Carport spaces: 8

Features

Entry location: Front
Pool features: None

Lot

Size: 9,675 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5468003011
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $165/sqft
Date on market: 12/5/2023
Cumulative days on market: 76 days
Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
6/21/2024	Sold	$1,170,000-13.3%$165/sqft
Source: CRMLS #GD23221487 Report a problem
2/20/2024	Pending sale	$1,350,000$190/sqft
Source: CRMLS #GD23221487 Report a problem
2/1/2024	Price change	$1,350,000-24.8%$190/sqft
Source: CRMLS #GD23221487 Report a problem
12/6/2023	Listed for sale	$1,795,000$253/sqft
Source: CRMLS #GD23221487 Report a problem