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10209 Towne Ave, Los Angeles, CA 90003
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10209 Towne Ave Los Angeles, CA 90003

$890,000 Sold Price as of 01/05/2023
  • 6 Beds
  • 4 Baths
  • 2,200 Sq.Ft.
Sold
$890,000 Sold Price as of 01/05/2023 Refinance Your Mortgage
Map preview of 10209 Towne Ave, Los Angeles, CA 90003

Property Overview: 10209 Towne Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,200 living square feet and 5,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Take a look at your new holiday gift to yourself! This phenomenal Avalon Gardens investment opportunity is just 8 miles south of DTLA. Immediate cash flow opportunity. This 3 unit can not be beat! Low maintenance, great condition and fully occupied. Close to transit, eateries and freeway access.

Listed by Kenya Reeves-Costa | BRE #01734058 | Compass
Last checked: 14 minutes ago | Last updated: January 7th, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,140
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22210529
City
Los Angeles
County
Los Angeles
Time on Site
573 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,765
  • Total Rent: $1,765
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,640
  • Total Rent: $2,640
  • Pro Forma/Market Rent: $2,640
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,263
  • Total Rent: $2,263
  • Pro Forma/Market Rent: $2,263
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.7%
  • Gross Rent Multiplier: 11.24
  • Gross Scheduled Income: --
  • Net Operating Income: $60,738
  • Gross Operating Income: $80,016
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $11,238
  • Insurance: $2,040
  • Maintenance: $6,000

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 10209 Towne Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Lot Information
  • Lot Features: Yard
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6063011020
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 10209 Towne Ave

Last sold for $890,000 on January 5th, 2023

  • January, 2023

  • Jan 5, 2023

    Date

    Sold

    CRMLS: 22210529

    $890,000

    Price

  • Oct 25, 2022

    Date

    Active

    CRMLS: 22210529

    $899,000

    Price

  • July, 2020

  • Jul 14, 2020

    Date

    Leased

    CRMLS: PW20071138

    $2,640

    Price

  • Jul 10, 2020

    Date

    Pending

    CRMLS: PW20071138

    $2,640

    Price

  • May 24, 2020

    Date

    Price Change

    CRMLS: PW20071138

    $2,640

    Price

  • Apr 9, 2020

    Date

    Active

    CRMLS: PW20071138

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Corner Property Home - Remodeled 3 bedroom 2 bath** HAS WASHER AND DRYER INCLUDED** This updated home has just the right bells and whistles to make it home-sweet-home. *Large eating area in kitchen. New cabinets w/new stainless appliances, quartz countertops and new flooring. Recessed lights, Jack-n-Jill bedroom. Master bed has bath inside. Decorative fireplace Freshly painted. CITY VOUCHER -or- County Voucher if Veteran (VIP) or Homeless (HIP) Program member or VASH. We will accept CITY VOUCHER -or- County Voucher if Veteran (VIP) or Homeless (HIP) Program member or VASH. Available June 25, 2020.

  • August, 2012

  • Aug 14, 2012

    Date

    Sold (Public Records)

    Public Records

    $170,300

    Price

  • November, 1998

  • Nov 10, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10209 Towne Ave

Assessed Value (2020): $309,639
Year Land Value Improved Value Assessed Value
2020 $146,375 $163,264 $309,639

Home Value Compared to the Market

This property vs the competition

10209 Towne Ave sold on January 5, 2023 for 24.45% lower 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 $408.64 per/sqft which puts the price per square foot 45.88% lower than the current median sale per square foot for the city of Los Angeles.

About 10209 Towne Ave

Detailed summary of property

10209 Towne Ave is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,200 living square feet, and sits on an approximately 5,140 square foot lot. 10209 Towne Ave was first listed on ArdentRealEstateGroup.com on October 22, 2022. The homeowner sold the property for $890,000. 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 24.45% lower than the current median priced home. Local homes that are currently for sale include 949 E 113th St, 1158 E 88th Pl and 913 E 87th St. While the average home in Los Angeles, CA is selling in 94 days, 10209 Towne Ave has a days on market of 22 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 10209 Towne Ave Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10209 Towne Ave

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
1,477
Lot Size
5,140
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
6063-011-020

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

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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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