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1018 S Crescent Heights Blvd, Los Angeles, CA 90035
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1018 S Crescent Heights Blvd Los Angeles, CA 90035

$2,125,000 Sold Price as of 10/03/2022
  • 6 Beds
  • 4 Baths
  • 3,859 Sq.Ft.
Sold
$2,125,000 Sold Price as of 10/03/2022 Refinance Your Mortgage
Map preview of 1018 S Crescent Heights Blvd, Los Angeles, CA 90035

Property Overview: 1018 S Crescent Heights Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,859 living square feet and 5,489 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The beautiful Spanish duplex features 3,859 square feet of gross rentable area, situated on a 5,489-square foot lot. The duplex is composed of one 1,816 square foot three-bedroom/two-bathroom lower unit and one 2,027 square foot three-bedroom/two-bathroom unit with den. The building is well-maintained and offers two 2 car garages for each unit.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 3 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
5,489
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22178861
City
Los Angeles
County
Los Angeles
Time on Site
653 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,625
  • Total Rent: $9,250
  • Pro Forma/Market Rent: $9,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.78%
  • Gross Rent Multiplier: 19.38
  • Gross Scheduled Income: --
  • Net Operating Income: $61,165
  • Gross Operating Income: $105,450
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1018 S Crescent Heights Blvd

Interior Features
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5087018031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Pico-Robertson is a high density rental market adjacent to Beverly Hills, Century City, Beverlywood, Miracle Mile, Carthay Square, Mid-City, and West Hollywood. These surrounding areas are major employment centers for the demographic that resides in Pico-Robertson, making it a very commutable area for its residents.
View more facts & features

Local Los Angeles Agent

Sale History for 1018 S Crescent Heights Blvd

Last sold for $2,125,000 on October 3rd, 2022

  • March, 2024

  • Mar 23, 2024

    Date

    Expired

    CRMLS: 23340285

    $2,300,000

    Price

  • Dec 15, 2023

    Date

    Active

    CRMLS: 23340285

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    This beautiful Spanish-style duplex is situated on a 5,489-square-foot lot in South Carthay and comes with Blueprints and plans for a 2-story 1,023.87 ADU with a 4-car garage (874 S.F.) after demolishing the existing 4-car garage! The 1,816-square-foot lower level has three bedrooms and two bathrooms. The 2,027-square-foot upper unit has three bedrooms, two bathrooms, and a den. This property is ideal for both short-term and long-term rentals!

  • October, 2022

  • Oct 3, 2022

    Date

    Sold

    CRMLS: 22178861

    $2,125,000

    Price

  • Jul 13, 2022

    Date

    Active

    CRMLS: 22178861

    $2,200,000

    Price

  • August, 2017

  • Aug 10, 2017

    Date

    Sold

    CRMLS: 17239344

    $1,440,000

    Price

  • Jul 25, 2017

    Date

    Pending

    CRMLS: 17239344

    $1,450,000

    Price

  • Jun 24, 2017

    Date

    Active Under Contract

    CRMLS: 17239344

    $1,450,000

    Price

  • Jun 17, 2017

    Date

    Pending

    CRMLS: 17239344

    $1,450,000

    Price

  • Jun 8, 2017

    Date

    Active

    CRMLS: 17239344

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    SAAVY INVESTOR ALERT! DO NOT MISS THIS ONE AT A GREAT NEW PRICE! DIAMOND IN THE ROUGH SPANISH DUPLEX IN COVETED & HISTORIC SOUTH CARTHAY. RARE OPPORTUNITY. Both units 100% VACANT! An unpolished Gem needing TLC, but has the bones of the quintessential Spanish 2-story duplexes that are so coveted in this area. Restore, remodel, fix-up, or flip! Mostly untouched with loads of character: original oak wood floors, original doors, knobs and art-deco details intact. Tree-lined street. HPOZ area. Great layout, great bones, and copper plumbing upgrade in 2016. Each unit has 3BR, 2BA (plus each get a 2 car garage). However, the upstairs unit currently functions and can be used as a 4BR unit. Conveniently located in South Carthay, near Beverlywood and Beverly Hills. Restaurants, boutiques, & coffee shops all around. Please see inspection reports on MLS docs or ask your agent to pull them for you. SOLD AS-IS. SEE SHOWING SCHEDULE IN PRIVATE REMARKS. PRICED TO SELL AND EZ TO SHOW!

  • August, 2017

  • Aug 10, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,404,000

    Price

  • June, 2017

  • Jun 8, 2017

    Date

    Canceled

    CRMLS: 17218484

    $1,525,000

    Price

  • May 18, 2017

    Date

    Price Change

    CRMLS: 17218484

    $1,525,000

    Price

  • May 7, 2017

    Date

    Active Under Contract

    CRMLS: 17218484

    $1,550,000

    Price

  • Apr 27, 2017

    Date

    Active

    CRMLS: 17218484

    $1,550,000

    Price

  • Apr 24, 2017

    Date

    Pending

    CRMLS: 17218484

    $1,550,000

    Price

  • Apr 6, 2017

    Date

    Active

    CRMLS: 17218484

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    PLEASE DO NOT CONTACT SELLER REGARDING PROPERTY. CONTACT BROKER AT PHONE NUMBER PROVIDED BELOW FOR SHOWINGS. A true unpolished gem sold AS-IS. A mostly untouched two-story property boasting loads of character: original oak wood floors, wood casement windows, original doors, knobs and art-deco details intact. Light & bright units with separate entrances and 2 dual-car garages. Tree-lined street in highly sought HPOZ area. Duplex features cove ceilings + laundry room + classic layout + original art-deco kitchen + copper plumbing upgrade in 2016. Each unit has 3BR, 2BA. However, the upstairs unit currently functions and can be used as a 4BR unit. Conveniently located in South Carthay, near Beverlywood and Beverly Hills. Restaurants, boutiques, & coffee shops all around. Only lower unit shows now. Once remodeled, these units could both rent for $4000-$4700 EACH!! Please see inspection reports on MLS docs or ask your agent to pull them for you. BEVERLY HILLS ADJACENT!

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Tax History for 1018 S Crescent Heights Blvd

Assessed Value (2020): $1,460,721
Year Land Value Improved Value Assessed Value
2020 $1,040,400 $420,321 $1,460,721

Home Value Compared to the Market

This property vs the competition

1018 S Crescent Heights Blvd sold on October 3, 2022 for 84.87% 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 $570.1 per/sqft which puts the price per square foot 24.49% lower than the current median sale per square foot for the city of Los Angeles.

About 1018 S Crescent Heights Blvd

Detailed summary of property

1018 S Crescent Heights Blvd is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,859 living square feet, and sits on an approximately 5,489 square foot lot. 1018 S Crescent Heights Blvd was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $2,125,000. 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 84.87% higher than the current median priced home. Local homes that are currently for sale include 812 Alandele Ave, 806 Alandele Ave and 1132 S Wooster St. While the average home in Los Angeles, CA is selling in 93 days, 1018 S Crescent Heights Blvd has a days on market of 54 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1018 S Crescent Heights Blvd 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 1018 S Crescent Heights Blvd

Public county record property details
Beds
6
Baths
4
Year built
1932
Sq. Ft.
3,859
Lot Size
5,488
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
525,526
APN
5087-018-031

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
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
56
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

Thinking of Selling?

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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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