10622 Ayres Ave, Los Angeles, CA 90064
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10622 Ayres Ave Los Angeles, CA 90064

$2,725,000 Sold Price as of 05/21/2024
  • 12 Beds
  • 6 Baths
  • 3,688 Sq.Ft.
Sold
$2,725,000 Sold Price as of 05/21/2024 Refinance Your Mortgage

Map preview of 10622 Ayres Ave, Los Angeles, CA 90064

Property Overview: 10622 Ayres Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 3,688 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: $125K PRICE DROP! 2023 construction modern style duplex located in the Rancho Park area of West LA bordering Century City! Built by TJH, this duplex features two 4 bedroom / 2.5 bathroom townhome units. Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! This opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry hookups and a private backyard. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities keeping costs low for an investor! Rancho Park is a very popular destination for renters as its in close proximity to Century City, Beverly Hills, Westwood and Brentwood!

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 5 minutes ago | Last updated: May 27th, 2024 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
2023
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
24361745
City
Los Angeles
County
Los Angeles
Time on Site
206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,775
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,775
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,775
  • Total Rent: $7,775
  • Pro Forma/Market Rent: $15,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.64%
  • Gross Rent Multiplier: 16.21
  • Gross Scheduled Income: --
  • Net Operating Income: $140,318
  • Gross Operating Income: $182,868
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10622 Ayres Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Oven, Range
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Uncovered
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 4255002007
  • Year Built Source: Builder
  • Architectural Style: Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Prosser and South of Pico
View more facts & features

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Sale History for 10622 Ayres Ave

Last sold for $2,725,000 on May 21st, 2024
  • May, 2024

  • May 27, 2024

    Date

    Canceled

    CRMLS: 24353007

    $7,775

    Price

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24353007

    $7,775

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the epitome of modern living in the Rancho Park Cheviot Hills neighborhood, where Thomas James Homes has meticulously crafted a newly built masterpiece that combines style, comfort, and functionality. Boasting 2 Story, 4 spacious bedrooms and 2.5 baths, this contemporary abode, part of a Duplex, is a true gem. Step into the heart of the home, where an open concept floorplan seamlessly connects the gourmet kitchen, dining area, and great room. The gourmet kitchen is a chef's dream, featuring a walk-in pantry, a generously sized center island adorned with bar seating, and elegant pendant lighting that adds a touch of sophistication to the space. It's the perfect place to prepare gourmet meals and create lasting memories with loved ones. The adjacent dining area is designed for entertaining and features a stylish decorative light fixture that enhances the ambiance. Cozy up in the great room, where a sliding door beckons you to the back patio, creating an ideal setting for casual outdoor dining and relaxation. On the Upper level, you'll find three well-appointed secondary bedrooms, perfect for family members or guests. These bedrooms share access to a full bath, making daily routines a breeze. Linen cabinetry and shelving in the hallway add to the home's practicality, and a dedicated laundry closet with side-by-side washer and dryer completes the upper level. Retreat to the luxurious grand suite, a haven of tranquility ; the suite features a sumptuous bath complete with a dual-sink vanity, a walk-in shower featuring a comfortable seat, and an expansive walk-in closet that's sure to fulfill your storage desires. Tandem garage, with direct private entrance ; driveway with additional space ; practical drop zone with a bench seat, ideal for organizing handbags, backpacks, and mail. Nestled in the desirable Rancho Park - Cheviot Hills neighborhood, this newly built Thomas James Home is a testament to modern design and functionality. Experience the pinnacle of contemporary living where thoughtful design and urban convenience come together harmoniously. Don't miss your opportunity to call this remarkable property your new home.

  • May, 2024

  • May 21, 2024

    Date

    Sold

    CRMLS: 24361745

    $2,725,000

    Price

  • Feb 23, 2024

    Date

    Active

    CRMLS: 24361745

    $3,150,000

    Price

  • January, 2024

  • Jan 29, 2024

    Date

    Canceled

    CRMLS: 23276567

    $7,995

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: 23276567

    $8,595

    Price

  • Listing provided courtesy of CRMLS

    ***MOVE-IN SPECIAL - ONE MONTH FREE WITH APPROVED CREDIT!!*** A newly built Thomas James Homes located in a Rancho Park - Cheviot neighborhood offers a modern style 4 bedrooms, and 2.5 bath home. A covered front porch welcomes you into the light and bright foyer, where you will find a powder bath right before you make your way into the open concept floorplan. Prepare gourmet meals in the gourmet kitchen, which includes a walk-in pantry, island with bar seating, and pendant lighting. Entertain in the dining area, which has a stylish decorative light fixture, or cozy up in the great room, which features a sliding door that beckon you out into the back patio, perfect for casual outdoor dining. Just inside from the tandem garage, which is wired for an electric vehicle. charging station, you'll find a convenient drop zone with bench seat for handbags, backpacks and mail. Make your way upstairs to find three secondary bedrooms with a shared full bath. Linen cabinetry and shelving at the hallway are complemented by a laundry closet for side-by-side washer/dryer.

  • January, 2024

  • Jan 29, 2024

    Date

    Canceled

    CRMLS: 23276551

    $7,995

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: 23276551

    $8,595

    Price

  • Listing provided courtesy of CRMLS

    ***MOVE-IN SPECIAL - ONE MONTH FREE WITH APPROVED CREDIT!!*** A newly built Thomas James Homes located in a Rancho Park - Cheviot neighborhood offers a modern style 4 bedrooms, and 2.5 bath home. A covered front porch welcomes you into the light and bright foyer, where you will find a powder bath right before you make your way into the open concept floorplan. Prepare gourmet meals in the gourmet kitchen, which includes a walk-in pantry, island with bar seating, and pendant lighting. Entertain in the dining area, which has a stylish decorative light fixture, or cozy up in the great room, which features a sliding door that beckon you out into the back patio, perfect for casual outdoor dining. Just inside from the tandem garage, which is wired for an electric vehicle. charging station, you'll find a convenient drop zone with bench seat for handbags, backpacks and mail. Make your way upstairs to find three secondary bedrooms with a shared full bath. Linen cabinetry and shelving at the hallway are complemented by a laundry closet for side-by-side washer/dryer.

  • August, 2013

  • Aug 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,147,000

    Price

  • October, 2005

  • Oct 5, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

Show More

Tax History for 10622 Ayres Ave

Assessed Value (2020): $1,300,230
Year Land Value Improved Value Assessed Value
2020 $1,040,187 $260,043 $1,300,230

Home Value Compared to the Market

This property vs the competition

10622 Ayres Ave sold on May 21, 2024 for 170.09% higher 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 $820.23 per/sqft which puts the price per square foot 13.29% higher than the current median sale per square foot for the city of Los Angeles.

About 10622 Ayres Ave

Detailed summary of property

10622 Ayres Ave is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 3,688 living square feet, and sits on an approximately 6,001 square foot lot. 10622 Ayres Ave was first listed on ArdentRealEstateGroup.com on February 26, 2024. The homeowner sold the property for $2,725,000. 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 170.09% higher than the current median priced home. Local homes that are currently for sale include 3757 Veteran Ave, 3125 S Durango Ave and 3809 Bagley Ave. While the average home in Los Angeles, CA is selling in 106 days, 10622 Ayres Ave has a days on market of 47 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 10622 Ayres Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10622 Ayres Ave

Public county record property details
Beds
2
Baths
1
Year built
1939
Sq. Ft.
1,110
Lot Size
6,001
Stories
--
Type
Single Family Residential
Pool
No
Spa
Yes
County
Los Angeles
Lot#
614
APN
4255-002-007

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,949,000
Median List Price/Sq.Ft.
$1,011
Median Sold Price
$1,530,000
Median Sold Price/Sq.Ft.
$1,087
Total Inventory
76
Median Sale to List Price %
95.92%
Avg Days on Market
49
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

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Related Resources to 10622 Ayres Ave

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.