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1001 S La Verne Ave, Los Angeles, CA 90022
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1001 S La Verne Ave Los Angeles, CA 90022

$540,000 Sold Price as of 09/25/2020
  • 4 Beds
  • 3 Baths
  • 1,692 Sq.Ft.
Sold
$540,000 Sold Price as of 09/25/2020 Refinance Your Mortgage
Map preview of 1001 S La Verne Ave, Los Angeles, CA 90022

Property Overview: 1001 S La Verne Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,692 living square feet and 4,198 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Probate Sale, this Triplex features a total of 4 bedrooms and 3 baths ?(+/- 1,692 sq. ft.) The lot size is +/-?4,198 sq. ft. PLEASE DO NOT DISTURB OCCUPANTS! Bidders to verify zoning and "future development potential".

Listed by Rhett Richar Winchell | BRE #00867471 | Kennedy Wilson Auction Group
Co-listed by Shannon Hayon | BRE #02000079 | Kennedy Wilson Auction Group
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
4,198
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20555830
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $600
  • Total Rent: $600
  • Pro Forma/Market Rent: $1
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $27,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1001 S La Verne Ave

Lot Details / Garage and Parking
Property Information
  • Total # of Units: 3
  • Parcel Number: 5245007040
Location / Neighborhood
Location Information
  • Directions: The cross street is Verona Street.
View more facts & features

Local Los Angeles Agent

Sale History for 1001 S La Verne Ave

Last sold for $540,000 on September 25th, 2020

  • September, 2020

  • Sep 25, 2020

    Date

    Sold

    CRMLS: 20555830

    $540,000

    Price

  • Jun 24, 2020

    Date

    Pending

    CRMLS: 20555830

    $567,500

    Price

  • Mar 9, 2020

    Date

    Price Change

    CRMLS: 20555830

    $567,500

    Price

  • Feb 19, 2020

    Date

    Active

    CRMLS: 20555830

    $345,000

    Price

  • September, 2020

  • Sep 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • December, 1993

  • Dec 22, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1001 S La Verne Ave

Assessed Value (2020): $227,186
Year Land Value Improved Value Assessed Value
2020 $135,508 $91,678 $227,186

Home Value Compared to the Market

This property vs the competition

1001 S La Verne Ave sold on September 25, 2020 for 49.33% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $335.4 per/sqft which puts the price per square foot 53.67% lower than the current median sale per square foot for the city of Los Angeles.

About 1001 S La Verne Ave

Detailed summary of property

1001 S La Verne Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,692 living square feet, and sits on an approximately 4,198 square foot lot. 1001 S La Verne Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $540,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.33% lower than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 6017 Wall St and 919 E 92nd St. While the average home in Los Angeles, CA is selling in 106 days, 1001 S La Verne Ave has a days on market of 17 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1001 S La Verne Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1001 S La Verne Ave

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
1,692
Lot Size
4,198
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
57
APN
5245-007-040

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$650
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$494
Total Inventory
27
Median Sale to List Price %
101.6%
Avg Days on Market
32
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

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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.

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