10700 Cushdon Ave, Los Angeles, CA 90064
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10700 Cushdon Ave Los Angeles, CA 90064

$2,935,000 Sold Price as of 05/21/2021
  • 5 Beds
  • 4 Baths
  • 3,748 Sq.Ft.
Sold
$2,935,000 Sold Price as of 05/21/2021 Refinance Your Mortgage

Map preview of 10700 Cushdon Ave, Los Angeles, CA 90064

Property Overview: 10700 Cushdon Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,748 living square feet and 7,599 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: -Lease commenced November 12, 2019 and expires November 12, 2029.- Net income of $152,238 annually, NNN-2% annual increases -Two (2) five year option periods at market rent but not less than rent in the prior year-Use for operation of a recovery and residential treatment home-Showing upon accepted offer-Do not disturb existing tenant

Listed by Edmond Sachse | BRE #01021349 | Kennedy Wilson Auction Group
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 387

Home details

Lot Sq. Ft
7,599
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20564490
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $183,600
  • Total Rent: $152,238
  • Pro Forma/Market Rent: $183,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.58
  • Gross Scheduled Income: --
  • Net Operating Income: $152,238
  • Gross Operating Income: $183,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10700 Cushdon Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 1
  • Parcel Number: 4255024024
Location / Neighborhood
Location Information
  • Directions: 2 blocks South of Pico Boulevard
View more facts & features

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Sale History for 10700 Cushdon Ave

Last sold for $2,935,000 on May 21st, 2021
  • September, 2021

  • Sep 10, 2021

    Date

    Sold

    CRMLS: 20564490

    $2,935,000

    Price

  • Nov 12, 2020

    Date

    Price Change

    CRMLS: 20564490

    $2,985,000

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20564490

    $3,045,000

    Price

  • Jun 19, 2020

    Date

    Price Change

    CRMLS: 20564490

    $2,975,000

    Price

  • Mar 17, 2020

    Date

    Active

    CRMLS: 20564490

    $3,237,000

    Price

  • August, 2016

  • Aug 17, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,525,000

    Price

  • August, 2015

  • Aug 26, 2015

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • July, 2015

  • Jul 29, 2015

    Date

    Price Change

    CRMLS: 15927035

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Attention developers, builders and end users! Fixer on a huge lot in prime Rancho Park location! Bring your creative vision to this amazing location on the Westside - centrally located to entertainment, freeways and Overland Ave School. Three bedrooms, one bath home and a recreation room structure situated on a 7,600 sf lot as per assessor. Other building activity evident on Cushdon. The possibilities are endless! Don't miss this opportunity to make your dreams come true!

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Tax History for 10700 Cushdon Ave

Assessed Value (2020): $2,679,549
Year Land Value Improved Value Assessed Value
2020 $1,379,570 $1,299,979 $2,679,549

Home Value Compared to the Market

This property vs the competition

10700 Cushdon Ave sold on May 21, 2021 for 150.84% higher 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 $796.42 per/sqft which puts the price per square foot 5.49% higher than the current median sale per square foot for the city of Los Angeles.

About 10700 Cushdon Ave

Detailed summary of property

10700 Cushdon Ave is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 3,748 living square feet, and sits on an approximately 7,599 square foot lot. 10700 Cushdon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,935,000. 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 150.84% higher than the current median priced home. Local homes that are currently for sale include 3126 S Canfield Ave, 3125 S Durango Ave and 9117 National Blvd. While the average home in Los Angeles, CA is selling in 92 days, 10700 Cushdon Ave has a days on market of 387 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 10700 Cushdon 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 10700 Cushdon Ave

Public county record property details
Beds
5
Baths
5
Year built
1944
Sq. Ft.
4,116
Lot Size
7,599
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
64,193
APN
4255-024-024

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
$1,799,900
Median List Price/Sq.Ft.
$973
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
68
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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Related Resources to 10700 Cushdon 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.