Search
1016 S Wooster St, Los Angeles, CA 90035
Image 2 for 1016 S Wooster St, Los Angeles, CA 90035
Image 3 for 1016 S Wooster St, Los Angeles, CA 90035
View Photos

1016 S Wooster St Los Angeles, CA 90035

$2,026,000 Sold Price as of 10/31/2023
  • 14 Beds
  • 11 Baths
  • 6,890 Sq.Ft.
Sold
$2,026,000 Sold Price as of 10/31/2023 Refinance Your Mortgage
Map preview of 1016 S Wooster St, Los Angeles, CA 90035

Property Overview: 1016 S Wooster St Los Angeles, CA has 14 bedrooms, 11 bathrooms, 6,890 living square feet and 6,554 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1016 S. Wooster St. was built in 1957 and consists of 6,890 SF comprised of (4) 1 Bedroom + 1 Bathroom units, (3) 2 Bedroom + 2 Bathroom units, and (1) Studio for a total of 8 units. One unit will be delivered vacant. The building is a two-story walk up and rests on a 6,554 SF Lot and is zoned LAR3. The soft-story retrofit complies with the city of Los Angeles (LADBS).This Multifamily asset is in Pico-Robertson, known for its boutique shops, proximity to Beverly Hills, and dining options. Residents can also enjoy chic restaurants, trendy meeting spots, and a stellar location within minutes to places of employment. With a walk score of 90 and a bike score of 98, this pocket of Pico-Robertson has a small town vibe with everything at your fingertips. Leave your car parked and stroll onto any of the neighboring streets to enjoy the buzz of the city with a multitude of recreational and employment options.

Listed by David Weinberger | BRE #01349349 | Keller Williams Studio City
Co-listed by David Rothblum | BRE #01332525 | RE/MAX One
Last checked: 10 minutes ago | Last updated: November 2nd, 2023 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
6,554
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23293875
City
Los Angeles
County
Los Angeles
Time on Site
423 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,986
  • Total Rent: $5,958
  • Pro Forma/Market Rent: $3,008
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,727
  • Total Rent: $6,908
  • Pro Forma/Market Rent: $2,330
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,906
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.4%
  • Gross Rent Multiplier: 14.2
  • Gross Scheduled Income: --
  • Net Operating Income: $110,561
  • Gross Operating Income: $171,887
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1016 S Wooster St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Tandem Garage, Attached Carport, Covered, Driveway, Assigned, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 8
  • Parcel Number: 4332017006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Cross Streets: W Olympic Blvd & S Wooster St
View more facts & features

Local Los Angeles Agent

Sale History for 1016 S Wooster St

Last sold for $2,026,000 on October 31st, 2023

  • October, 2023

  • Oct 31, 2023

    Date

    Sold

    CRMLS: 23293875

    $2,026,000

    Price

  • Jul 24, 2023

    Date

    Active

    CRMLS: 23293875

    $2,850,000

    Price

  • January, 2021

  • Jan 19, 2021

    Date

    Sold (Public Records)

    Public Records

    $728,000

    Price

  • December, 2017

  • Dec 29, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1016 S Wooster St

Assessed Value (2020): $1,784,341
Year Land Value Improved Value Assessed Value
2020 $1,238,579 $545,762 $1,784,341

Home Value Compared to the Market

This property vs the competition

1016 S Wooster St sold on October 31, 2023 for 123.12% higher 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 $362.7 per/sqft which puts the price per square foot 49.9% lower than the current median sale per square foot for the city of Los Angeles.

About 1016 S Wooster St

Detailed summary of property

1016 S Wooster St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 14 bedrooms, 11 bathrooms, roughly 6,890 living square feet, and sits on an approximately 6,554 square foot lot. 1016 S Wooster St was first listed on ArdentRealEstateGroup.com on July 24, 2023. The homeowner sold the property for $2,026,000. 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 123.12% higher than the current median priced home. Local homes that are currently for sale include 1118 Hi Point St, 1947 S Shenandoah St and 6347 Orange St. While the average home in Los Angeles, CA is selling in 106 days, 1016 S Wooster St has a days on market of 72 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1016 S Wooster St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1016 S Wooster St

Public county record property details
Beds
11
Baths
11
Year built
1957
Sq. Ft.
6,890
Lot Size
6,553
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
4332-017-006

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$785
Median Sold Price
$1,699,500
Median Sold Price/Sq.Ft.
$747
Total Inventory
56
Median Sale to List Price %
97.17%
Avg Days on Market
30
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1016 S Wooster St

Nearby Homes for Sale

Open Sat 2pm-5pm
8701 W Olympic Blvd, Los Angeles, CA 90035
$2,395,000
8 Beds
4 Baths
4681 Sq.Ft.
8701 W Olympic Blvd
Los Angeles, CA 90035
8673 W Olympic Blvd, Los Angeles, CA 90035
$1,799,000
5 Beds
4 Baths
3039 Sq.Ft.
8673 W Olympic Blvd
Los Angeles, CA 90035
1132 S Wooster St, Los Angeles, CA 90035
$1,873,000
4 Beds
2 Baths
3102 Sq.Ft.
1132 S Wooster St
Los Angeles, CA 90035
1108 S Sherbourne Dr, Los Angeles, CA 90035
$2,400,000
10 Beds
7 Baths
6310 Sq.Ft.
1108 S Sherbourne Dr
Los Angeles, CA 90035
1243 S La Cienega Blvd, Los Angeles, CA 90035
$2,180,000
8 Beds
16 Baths
6842 Sq.Ft.
1243 S La Cienega Blvd
Los Angeles, CA 90035
Open Sat 1pm-4pm
1040 S Alfred St, Los Angeles, CA 90035
$2,299,000
9 Beds
6 Baths
4092 Sq.Ft.
1040 S Alfred St
Los Angeles, CA 90035
8521 Saturn St, Los Angeles, CA 90035
$2,075,000
9 Beds
6 Baths
2587 Sq.Ft.
8521 Saturn St
Los Angeles, CA 90035
6127 Saturn St, Los Angeles, CA 90035
$1,875,000
10 Beds
8 Baths
5625 Sq.Ft.
6127 Saturn St
Los Angeles, CA 90035
6107 Alcott St, Los Angeles, CA 90035
$1,900,000
4 Beds
6 Baths
5550 Sq.Ft.
6107 Alcott St
Los Angeles, CA 90035
Open Sun 1pm-4pm
8607 Airdrome St, Los Angeles, CA 90035
$1,700,000
2 Beds
2 Baths
1569 Sq.Ft.
8607 Airdrome St
Los Angeles, CA 90035
1125 Hi Point St, Los Angeles, CA 90035
$1,895,000
4 Beds
3 Baths
3020 Sq.Ft.
1125 Hi Point St
Los Angeles, CA 90035
1236 Hi Point St, Los Angeles, CA 90035
$1,885,000
4 Beds
2 Baths
2880 Sq.Ft.
1236 Hi Point St
Los Angeles, CA 90035

Recently Sold Homes Near 1016 S Wooster St

1050 S Shenandoah St, Los Angeles, CA 90035
$2,182,000 Last Sold Price
9 Beds
8 Baths
6196 Sq.Ft.
1050 S Shenandoah St
Los Angeles, CA 90035
1017 S Bedford St, Los Angeles, CA 90035
$3,030,000 Last Sold Price
30 Beds
20 Baths
6104 Sq.Ft.
1017 S Bedford St
Los Angeles, CA 90035
900 S Wooster St, Los Angeles, CA 90035
$2,200,000 Last Sold Price
6 Beds
4 Baths
3963 Sq.Ft.
900 S Wooster St
Los Angeles, CA 90035
1117 S Wooster St, Los Angeles, CA 90035
$2,515,000 Last Sold Price
8 Beds
4 Baths
4903 Sq.Ft.
1117 S Wooster St
Los Angeles, CA 90035

Related Resources to 1016 S Wooster St

New Listings in 90035
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote