1007 W 25Th St, Los Angeles, CA 90007
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1007 W 25Th St Los Angeles, CA 90007

$1,750,000
  • 9 Beds
  • 9 Baths
  • 4,200 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified

Map preview of 1007 W 25Th St, Los Angeles, CA 90007

Property Overview: 1007 W 25Th St Los Angeles, CA has 9 bedrooms, 9 bathrooms, 4,200 living square feet and 14,176 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1007 W 25th Street is a nine (9) Unit bungalow-courtyard apartment community in West Adams, blocks from the USC campus. The offering provides a unique opportunity to acquire a value-add asset with tremendous upside in a strong Los Angeles Market. 1007 W 25th Street consists of three structures totaling +/- 4,200 SF. The property consists of nine bungalow units, each of which is One Bedroom | One Bathroom. Tenants are welcomed through a private gate and enter a beautiful courtyard replete with tasteful landscaping. The units boast original design from the 1930s, with front and rear access. The offering is sited on an oversized +/14,147 SF parcel zoned LARD1.5. Eight covered garages and one additional parking space provide adequate parking onsite. Current ownership has also obtained plans to construct two ADUs at the rear of the property. The plans are for two 3 Bedroom | 2 Bathroom units. 1007 W 25th Street is located in the dynamic and bustling West Adams market, specifically just south of W Adams Blvd., off Hoover Street. The property's proximity to popular restaurants, shopping, public transportation, and USC makes it an ideal rental location.

Listed by Nick Astrupgaard | BRE #01893466 | KW Commercial Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 5 minutes ago | Last updated: June 6th, 2024 | Source CRMLS | DOM: 33
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Home details

Lot Sq. Ft
14,176
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24397711
City
Los Angeles
County
Los Angeles
Time on Site
32 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,091
  • Total Rent: $9,821
  • Pro Forma/Market Rent: $20,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 14.8
  • Gross Scheduled Income: --
  • Net Operating Income: $70,641
  • Gross Operating Income: $115,894
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1007 W 25Th St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 9
  • Parcel Number: 5124008008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 1007 W 25th Street is located in the dynamic and bustling West Adams market, specifically just south of W Adams Blvd., off Hoover Street.
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Sale History for 1007 W 25Th St

Last sold on January 5th, 2016
  • May, 2024

  • May 29, 2024

    Date

    Active

    CRMLS: 24397711

    $1,750,000

    Price

  • January, 2016

  • Jan 5, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1007 W 25Th St

Assessed Value (2020): $163,586
Year Land Value Improved Value Assessed Value
2020 $96,372 $67,214 $163,586

Home Value Compared to the Market

This property vs the competition

1007 W 25Th St is listed 41.59% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $416.67 per/sqft which puts the price per square foot 46.24% lower than the median price per square foot for the city of Los Angeles.

About 1007 W 25Th St

Detailed summary of property

1007 W 25Th St is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 9 bedrooms, 9 bathrooms, roughly 4,200 living square feet, and sits on an approximately 14,176 square foot lot. 1007 W 25Th St was first listed on ArdentRealEstateGroup.com on May 29, 2024. The homeowner is currently asking $1,750,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.59% higher than the median priced home. Local competing homes currently for sale include 1400 S Westmoreland Ave, 1261 W 35th Pl and 1840 11th Pl. While the average home in Los Angeles, CA is selling in 99 days, 1007 W 25Th St has a days on market of 33 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1007 W 25Th St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1007 W 25Th St

Public county record property details
Beds
9
Baths
9
Year built
--
Sq. Ft.
4,200
Lot Size
14,147
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,7
APN
5124-008-008

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,380,000
Median List Price/Sq.Ft.
$501
Median Sold Price
$525,000
Median Sold Price/Sq.Ft.
$589
Total Inventory
13
Median Sale to List Price %
102.94%
Avg Days on Market
55
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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.