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1039 S Rowan Ave, Los Angeles, CA 90023
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1039 S Rowan Ave Los Angeles, CA 90023

$705,000 Sold Price as of 06/09/2022
  • 3 Beds
  • 1 Baths
  • 1,352 Sq.Ft.
Sold
$705,000 Sold Price as of 06/09/2022 Refinance Your Mortgage
Map preview of 1039 S Rowan Ave, Los Angeles, CA 90023

Property Overview: 1039 S Rowan Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,352 living square feet and 5,986 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DUPLEX, 2 HOMES ON ONE LOT, Great Investment | Multigenerational | Owner occupant+ benefits! Prime location perfect opportunity to live in one and rent out the other or Both. Front unit has 2 bedrooms 1 bathroom with a living room and dining room combo area, Large kitchen. Back unit has 1 bedroom 1 bathroom. Spacious lot with growing potential. Both homes are currently tenant-occupied. Zone LCR4 (Check with City).

Listed by Yvonne Alfaro | BRE #01299056 | Pristine Real Estate
Last checked: 7 minutes ago | Last updated: January 13th, 2023 | Source CRMLS | DOM: 168

Home details

Lot Sq. Ft
5,986
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW21184796
City
Los Angeles
County
Los Angeles
Time on Site
1124 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $21,000
  • Net Operating Income: $18,595
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,405
  • Electric: $407
  • Gas/Fuel: $400
  • Trash: $0
  • Insurance: $775
  • Water/Sewer: $815

Property Details for 1039 S Rowan Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Two On A Lot
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5239005049
  • Year Built Source: Public Records
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East Ditman Avenue, North E. Olympic
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1039 S Rowan Ave

Last sold for $705,000 on June 9th, 2022

  • January, 2022

  • Jan 5, 2022

    Date

    Hold

    CRMLS: PW21184796

    $680,000

    Price

  • Aug 21, 2021

    Date

    Active

    CRMLS: PW21184796

    $680,000

    Price

Tax History for 1039 S Rowan Ave

Assessed Value (2020): $232,041
Year Land Value Improved Value Assessed Value
2020 $107,096 $124,945 $232,041

Home Value Compared to the Market

This property vs the competition

1039 S Rowan Ave sold on June 9, 2022 for 39.29% lower 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 $502.96 per/sqft which puts the price per square foot 30.53% lower than the current median sale per square foot for the city of Los Angeles.

About 1039 S Rowan Ave

Detailed summary of property

1039 S Rowan Ave is a duplex that recently sold in Los Angeles, CA 90023. This duplex offered 3 bedrooms, 1 bathrooms, roughly 1,352 living square feet, and sits on an approximately 5,986 square foot lot. 1039 S Rowan Ave was first listed on ArdentRealEstateGroup.com on August 21, 2021. The homeowner sold the property for $705,000. 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 39.29% lower than the current median priced home. Local homes that are currently for sale include 2821 Blanchard St, 1117 Amalia Ave and 722 Belden Ave. While the average home in Los Angeles, CA is selling in 106 days, 1039 S Rowan Ave has a days on market of 168 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 1039 S Rowan 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 1039 S Rowan Ave

Public county record property details
Beds
3
Baths
2
Year built
1921
Sq. Ft.
1,352
Lot Size
5,985
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
64
APN
5239-005-049

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
$650,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
18
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

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(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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