1001 Rockdale Ave, Los Angeles, CA 90041
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1001 Rockdale Ave Los Angeles, CA 90041

$2,580,000 Sold Price as of 11/04/2022
  • 12 Beds
  • 8 Baths
  • 6,166 Sq.Ft.
Sold
$2,580,000 Sold Price as of 11/04/2022 Refinance Your Mortgage

Map preview of 1001 Rockdale Ave, Los Angeles, CA 90041

Property Overview: 1001 Rockdale Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,166 living square feet and 11,343 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *5 of the 8 Units Have Been Completely Rehabbed To Include: Remodeled Kitchens & Bathrooms, Stainless Steel Appliances, Washer Dryer in each rehabbed unit, Tile/Wood Flooring, New Windows And Counter Tops *Soft-Story Retrofitting Has Recently Been Completed *All Units Have views *2 Unit Have Front and Back Door Entrances *4 Units Have Large Balconies. Subject to City of Los Angeles Rent Control Ordinance. Walk Score Of 72 - Walkable To Trendy Restaurants And Shops Easy Access To Freeways & Shopping Easy Access To Freeways & Shopping Located near Highland Park & South Pasadena and conveniently located just north of Highland Park, West of Pasadena and East of Glendale. Across the street from Figueroa Plaza containing Vons, Starbucks & The Habit Burger Grill to name a few

Listed by KEVIN HURLEY | BRE #01237798 | PASADENA MARKET CENTER
Co-listed by KEVIN LUTZ | BRE #00925595 | PASADENA MARKET CENTER
Last checked: 3 minutes ago | Last updated: November 5th, 2022 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
11,343
HOA Dues
$0/mo
Year built
1959
Garage
8 Car
Property Type:
Mixed Use
Status
Sold
MLS#
WS22162187
City
Los Angeles
County
Los Angeles
Time on Site
648 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Actual Rent: $8,130
  • Total Rent: $8,130
  • Pro Forma/Market Rent: $11,200
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Actual Rent: $7,380
  • Total Rent: $7,380
  • Pro Forma/Market Rent: $9,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.31%
  • Gross Rent Multiplier: 11.03
  • Gross Scheduled Income: $180,535
  • Net Operating Income: $116,400
  • Gross Operating Income: $173,551
Annual Expense Breakdown
  • Total Operating Expense: $64,134
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0

Property Details for 1001 Rockdale Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Kitchen
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Microwave, Refrigerator
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: See Remarks
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Mountain(s), Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5481012017
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: N Figueroa St, Right on Rockdale
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 1001 Rockdale Ave

Last sold for $2,580,000 on November 4th, 2022
  • November, 2022

  • Nov 4, 2022

    Date

    Sold

    CRMLS: WS22162187

    $2,580,000

    Price

  • Jul 22, 2022

    Date

    Active

    CRMLS: WS22162187

    $2,900,000

    Price

  • March, 2018

  • Mar 15, 2018

    Date

    Sold

    CRMLS: AR17277894

    $1,800,000

    Price

  • Jan 17, 2018

    Date

    Active Under Contract

    CRMLS: AR17277894

    $1,999,000

    Price

  • Jan 10, 2018

    Date

    Price Change

    CRMLS: AR17277894

    $1,999,000

    Price

  • Jan 10, 2018

    Date

    Price Change

    CRMLS: AR17277894

    $1,999,999

    Price

  • Dec 20, 2017

    Date

    Active

    CRMLS: AR17277894

    $2,225,000

    Price

  • Listing provided courtesy of CRMLS

    Bridge Investment Group is pleased to present the Rockdale Pagoda at 1001 Rockdale Ave in beautiful Eagle Rock. Built in 1959, this 8-unit property consists of four - 1 bed/1bath units and four - 2bed/1bath units totaling 6,166 sq.ft. 6 of the units have their own balcony with spectacular views of the city. The other two units have both a front and back entrances into their units and a private area to entertain. Tenants have 8 tuck-under parking spaces and the option for street parking. Parking spaces also have some room behind to tandem park. This 11,358 sq.ft lot offers a community pool and on-site laundry facilities. The building is built very solid and in great condition. The plumbing has been redone. for an 8 unit building, the units are very spaced out so the building feels larger than what is stated on the assessor's record.

  • March, 2018

  • Mar 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

  • March, 2018

  • Mar 15, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1001 Rockdale Ave

Assessed Value (2020): $1,872,720
Year Land Value Improved Value Assessed Value
2020 $1,310,904 $561,816 $1,872,720

Home Value Compared to the Market

This property vs the competition

1001 Rockdale Ave sold on November 4, 2022 for 126.89% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $437.89 per/sqft which puts the price per square foot 42% lower than the current median sale per square foot for the city of Los Angeles.

About 1001 Rockdale Ave

Detailed summary of property

1001 Rockdale Ave is a mixed use that recently sold in Los Angeles, CA 90041. This mixed use property offered 12 bedrooms, 8 bathrooms, roughly 6,166 living square feet, and sits on an approximately 11,343 square foot lot. 1001 Rockdale Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $2,580,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 126.89% higher than the current median priced home. Local homes that are currently for sale include 3745 Ocean View Ave, 1205 N San Gabriel Ave and 12320 Ridge Circle. While the average home in Los Angeles, CA is selling in 96 days, 1001 Rockdale Ave has a days on market of 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1001 Rockdale Ave Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1001 Rockdale Ave

Public county record property details
Beds
12
Baths
8
Year built
1959
Sq. Ft.
6,166
Lot Size
11,343
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
37
APN
5481-012-017

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$797
Median Sold Price
$1,211,000
Median Sold Price/Sq.Ft.
$967
Total Inventory
37
Median Sale to List Price %
101.34%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.