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10642 S Central Ave, Los Angeles, CA 90002
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10642 S Central Ave Los Angeles, CA 90002

$881,875 Sold Price as of 12/29/2021
  • 8 Beds
  • 4 Baths
  • 3,277 Sq.Ft.
Sold
$881,875 Sold Price as of 12/29/2021 Refinance Your Mortgage
Map preview of 10642 S Central Ave, Los Angeles, CA 90002

Property Overview: 10642 S Central Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,277 living square feet and 7,484 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The sale of 10642 S Central Ave consists of a 3,277 square foot 4 unit multifamily building situated on a 7,484 square foot lot.Constructed in 1945, The 4 unit consists of all 2 bedroom 1 bathroom units zoned LARD2. Located in South Los Angeles, the property is in close proximity to West Century Blvd which is local to Los Angeles International Airport. This property generates a great income, making it a good opportunity for an owner/user or investor.

Listed by Jordan Petito | BRE #02023714 | Keller Williams Beverly Hills
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,484
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21100041
City
Los Angeles
County
Los Angeles
Time on Site
927 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $879
  • Total Rent: $879
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.67
  • Gross Scheduled Income: --
  • Net Operating Income: $42,918
  • Gross Operating Income: $67,068
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10642 S Central Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 6065010049
Location / Neighborhood
Location Information
  • Directions: Located on S Central South of Century Blvd on the East side of the block.
View more facts & features

Local Los Angeles Agent

Sale History for 10642 S Central Ave

Last sold for $881,875 on December 29th, 2021

  • December, 2021

  • Dec 29, 2021

    Date

    Sold

    CRMLS: 21100041

    $881,875

    Price

  • Oct 28, 2021

    Date

    Active

    CRMLS: 21100041

    $850,000

    Price

  • March, 2003

  • Mar 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $237,000

    Price

  • June, 1995

  • Jun 7, 1995

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

Show More

Tax History for 10642 S Central Ave

Assessed Value (2020): $313,846
Year Land Value Improved Value Assessed Value
2020 $139,045 $174,801 $313,846

Home Value Compared to the Market

This property vs the competition

10642 S Central Ave sold on December 29, 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 $259.38 per/sqft which puts the price per square foot 65.64% lower than the current median sale per square foot for the city of Los Angeles.

About 10642 S Central Ave

Detailed summary of property

10642 S Central Ave is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,277 living square feet, and sits on an approximately 7,484 square foot lot. 10642 S Central Ave was first listed on ArdentRealEstateGroup.com on October 28, 2021. The homeowner sold the property for $881,875. 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 9311 Bandera, 9009 Beach St and 154 E Colden Ave. While the average home in Los Angeles, CA is selling in 93 days, 10642 S Central Ave has a days on market of 5 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 10642 S Central 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 10642 S Central Ave

Public county record property details
Beds
8
Baths
4
Year built
1945
Sq. Ft.
3,277
Lot Size
7,484
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6065-010-049

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
$587,000
Median List Price/Sq.Ft.
$482
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
36
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

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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