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1044 Island Ave, Los Angeles, CA 90744
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1044 Island Ave Los Angeles, CA 90744

$855,000 Sold Price as of 09/09/2021
  • 6 Beds
  • 4 Baths
  • 2,760 Sq.Ft.
Sold
$855,000 Sold Price as of 09/09/2021 Refinance Your Mortgage
Map preview of 1044 Island Ave, Los Angeles, CA 90744

Property Overview: 1044 Island Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,760 living square feet and 7,107 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1044 Island Avenue, this property has not been on the market in over 27 years. This property is four-plex, which features two 2 bedroom and 1 bath units and two 1 bedroom and 1 bath units. The four units make up a total of 2,760 square feet of living space, which sits upon a 7,107 square foot lot. The property also features 4 covered onsite parking spaces. This property has endless possibilities for its future owner. It would be great for an investor, or great for someone looking to occupy one of the units and rent out the rest.

Listed by Hector Rivera | BRE #01440880 | Kohr Group Realty
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,107
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21146751
City
Los Angeles
County
Los Angeles
Time on Site
1040 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $927
  • Total Rent: $927
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,144
  • Total Rent: $1,144
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,372
  • Total Rent: $1,372
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,793
  • Net Operating Income: $4,688
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $105
  • Trash: $0
  • Insurance: $105

Property Details for 1044 Island Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Patio
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Block Walls
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Block
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7420024016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available
Location / Neighborhood
Location Information
  • Directions: N of Anaheim / W. of Avalon
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1044 Island Ave

Last sold for $855,000 on September 9th, 2021

  • September, 2021

  • Sep 10, 2021

    Date

    Sold

    CRMLS: PW21146751

    $855,000

    Price

  • Aug 2, 2021

    Date

    Active Under Contract

    CRMLS: PW21146751

    $850,000

    Price

  • Jul 14, 2021

    Date

    Active

    CRMLS: PW21146751

    $850,000

    Price

Tax History for 1044 Island Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1044 Island Ave sold on September 9, 2021 for 28.57% 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 $307.97 per/sqft which puts the price per square foot 59.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1044 Island Ave

Detailed summary of property

1044 Island Ave is a multi family that recently sold in Los Angeles, CA 90744. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,760 living square feet, and sits on an approximately 7,107 square foot lot. 1044 Island Ave was first listed on ArdentRealEstateGroup.com on July 14, 2021. The homeowner sold the property for $855,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 1022 Walnut Ave, 175 E Pleasant St and 1746 E Florida St. While the average home in Los Angeles, CA is selling in 92 days, 1044 Island Ave has a days on market of 16 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1044 Island Ave Los Angeles, CA 90744 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1044 Island Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90744 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.
$513
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
35
Median Sale to List Price %
96.3%
Avg Days on Market
27
Loan Type
Conventional (44.44%), FHA (22.22%), VA (11.11%), Cash (22.22%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
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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