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10617 Wilmington Ave, Los Angeles, CA 90002
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10617 Wilmington Ave Los Angeles, CA 90002

$500,000 Sold Price as of 06/21/2019
  • 6 Beds
  • 4 Baths
  • 2,508 Sq.Ft.
Sold
$500,000 Sold Price as of 06/21/2019 Refinance Your Mortgage
Map preview of 10617 Wilmington Ave, Los Angeles, CA 90002

Property Overview: 10617 Wilmington Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,508 living square feet and 3,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity! 3 units – Total of 6 Bedrooms – 4 Baths. Built in 2006 – Bottom Unit has 3 bedrooms / 2 bathrooms. Additional Unit is also a 1 bedroom / 1 bathroom. One non-conforming unit in rear of property (2 bed / 1 Bath). All Units Occupied! Space for six cars in gated parking in the back of the property through ally access. Property has solar panels to maximize energy savings; panels will transfer to new owner, free & clear. Driver by only, please. Shown with an accepted offer. Low maintenance and very friendly tenants. This is a great property for an investor looking for cash-flow. NO RENT CONTROL zone!

Listed by Christine Sciabarrasi | BRE #01851201 | Greenflash Realty Inc
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
3,125
HOA Dues
$0/mo
Year built
2006
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
ND19081882
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,475
  • Total Rent: $1,475
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,475
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,725
  • Net Operating Income: $43,630
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $13,070
  • Electric: $2,520
  • Gas/Fuel: $480
  • Licenses: $0
  • New Taxes: $6,750
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $820
  • Water/Sewer: $2,400

Property Details for 10617 Wilmington Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6065032043
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Additions/Alterations, Repairs Cosmetic
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: 105 West/Imperial Avenue exit Wilmington Avenue
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 10617 Wilmington Ave

Last sold for $500,000 on June 21st, 2019

  • June, 2019

  • Jun 22, 2019

    Date

    Sold

    CRMLS: ND19081882

    $500,000

    Price

  • May 30, 2019

    Date

    Pending

    CRMLS: ND19081882

    $550,000

    Price

  • May 25, 2019

    Date

    Hold

    CRMLS: ND19081882

    $550,000

    Price

  • May 3, 2019

    Date

    Pending

    CRMLS: ND19081882

    $550,000

    Price

  • Apr 11, 2019

    Date

    Active

    CRMLS: ND19081882

    $550,000

    Price

  • June, 2019

  • Jun 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • November, 2018

  • Nov 1, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10617 Wilmington Ave

Assessed Value (2020): $510,000
Year Land Value Improved Value Assessed Value
2020 $255,000 $255,000 $510,000

Home Value Compared to the Market

This property vs the competition

10617 Wilmington Ave sold on June 21, 2019 for 50.89% 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 $219.3 per/sqft which puts the price per square foot 69.71% lower than the current median sale per square foot for the city of Los Angeles.

About 10617 Wilmington Ave

Detailed summary of property

10617 Wilmington Ave is a duplex that recently sold in Los Angeles, CA 90002. This duplex offered 6 bedrooms, 4 bathrooms, roughly 2,508 living square feet, and sits on an approximately 3,125 square foot lot. 10617 Wilmington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $500,000. 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 50.89% lower than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 1253 W 65th St and 8911 S Western Ave. While the average home in Los Angeles, CA is selling in 106 days, 10617 Wilmington Ave has a days on market of 19 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 10617 Wilmington Ave Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10617 Wilmington Ave

Public county record property details
Beds
4
Baths
2
Year built
2006
Sq. Ft.
2,508
Lot Size
3,125
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
343
APN
6065-032-043

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

Thinking of Selling?

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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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