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1012 S Herbert Ave, Los Angeles, CA 90023
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1012 S Herbert Ave Los Angeles, CA 90023

$2,449,000
  • 16 Beds
  • 11 Baths
  • 5,458 Sq.Ft.
Pending
$2,449,000 Get Pre-Qualified
Map preview of 1012 S Herbert Ave, Los Angeles, CA 90023

Property Overview: 1012 S Herbert Ave Los Angeles, CA has 16 bedrooms, 11 bathrooms, 5,458 living square feet and 6,577 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: Immaculate NEW DEVELOPMENT in the City of Los Angeles- WHICH CONSISTS OF 2- 2 STORY DUPLEXES (TOTAL OF 4 UNITS). This beautiful Turn Key 4-Unit property sits in a prime location of Los Angeles. The Front 2 Units are as follows Unit A- 4 bedrooms/2.5 bath, Unit B- 4 Bedrooms/2.5 bath. The Rear Duplexes consist of 4 bedrooms/ 3 baths each unit. The property has a great and spacious floor plan layout with large bedrooms & custom closets in all the units. The kitchens have quartz countertops, stainless steel appliance, microwave, stove, dishwasher, refrigerator & custom-made cabinets. Beautifully painted with laminate flooring that weathers any storm! Each unit has their own central HVAC system with recess lighting throughout each unit. The laundry rooms have electric & gas hook-ups and tankless water heaters in each unit double panel windows throughout the units. Outdoors the property has decorative wood, block & iron fencing with front gate. Artificial Grass is installed which makes landscape maintenance a breeze. A perfect INCOME Property Opportunity for all Investors! This development is located in an extremely desirable location- The location couldn't be better, with Herbert Ave. is cross with Whittier Blvd. offering plenty of dining, shopping and entertainment options, a quick access to the 710, 5, 60 & 10 Freeway, property is a short distance to East L.A. Community Collage & Cal State University of Los Angeles. Don't wait, seize this incredible opportunity now and make these beautifully two-level units in East Los Angeles your own!

Listed by Chris Limon | BRE #01182471 | Century 21 A Better Service
Last checked: 4 minutes ago | Last updated: May 12th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
6,577
HOA Dues
$0/mo
Year built
2024
Garage
6 Car
Property Type:
Fourplex
Status
Pending
MLS#
DW24086561
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Gross Spendable Income: $0
  • Other Income Description: 0000
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Other Expenses: $0
  • Other Expense Description: 0000

Open Houses for 1012 S Herbert Ave

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Property Details for 1012 S Herbert Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Wood
  • Kitchen, Laundry, Living Room, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas & Electric Range, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
Interior Features
  • 2 Staircases, Open Floorplan, Quartz Counters
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • New Condition, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, See Remarks
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5239017014
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Cross St. with Whittier Blvd and Between S. Record & S Gage Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1012 S Herbert Ave

Last sold for $405,000 on April 23rd, 2019

  • May, 2024

  • May 10, 2024

    Date

    Pending

    CRMLS: DW24086561

    $2,449,000

    Price

  • Apr 30, 2024

    Date

    Active

    CRMLS: DW24086561

    $2,449,000

    Price

  • March, 2021

  • Mar 24, 2021

    Date

    Expired

    CRMLS: DW20062405

    $564,999

    Price

  • May 18, 2020

    Date

    Withdrawn

    CRMLS: DW20062405

    $564,999

    Price

  • Mar 24, 2020

    Date

    Active

    CRMLS: DW20062405

    $564,999

    Price

  • Listing provided courtesy of CRMLS

    2 Houses on a lot on. an R4 Lot, front house is a 3 bedroom and 1 bath and back house is 1 bedroom detached house. Huge lot allows 4 units

  • April, 2019

  • Apr 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

Show More

Tax History for 1012 S Herbert Ave

Assessed Value (2020): $413,100
Year Land Value Improved Value Assessed Value
2020 $288,660 $124,440 $413,100

Home Value Compared to the Market

This property vs the competition

1012 S Herbert Ave is listed 95.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $448.7 per/sqft which puts the price per square foot 42.47% lower than the median price per square foot for the city of Los Angeles.

About 1012 S Herbert Ave

Detailed summary of property

1012 S Herbert Ave is a fourplex located in Los Angeles, CA 90023 and is currently in escrow to be sold. This fourplex offers 16 bedrooms, 11 bathrooms, roughly 5,458 living square feet, and sits on an approximately 6,577 square foot lot. 1012 S Herbert Ave was first listed on ArdentRealEstateGroup.com on May 1, 2024. The homeowner is currently asking $2,449,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 95.92% higher than the median priced home. Local competing homes currently for sale include 4436 Lima St, 3925 Barrett Rd and 5243 Huntington Dr. While the average home in Los Angeles, CA is selling in 93 days, 1012 S Herbert Ave has a days on market of 9 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1012 S Herbert Ave Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1012 S Herbert Ave

Public county record property details
Beds
3
Baths
2
Year built
1924
Sq. Ft.
1,314
Lot Size
6,524
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
140
APN
5239-017-014

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
19
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), 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.

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