10745 Ohio Ave, Los Angeles, CA 90024
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10745 Ohio Ave Los Angeles, CA 90024

$2,400,000
  • 5 Beds
  • 3 Baths
  • 3,062 Sq.Ft.
For Sale
$2,400,000 Get Pre-Qualified

Map preview of 10745 Ohio Ave, Los Angeles, CA 90024

Property Overview: 10745 Ohio Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3,062 living square feet and 5,022 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This charming income property can be described simply as "very good real estate." Built in 1936 and loaded with old world charm, this character triplex is located in one of the best rental markets not only in Los Angeles but in all of Southern California. Buildings like this are rarely available for sale making this a real opportunity to acquire in a neighborhood with a high barrier to entrance. Please don't let this opportunity pass you by. As an owner/user, this property makes sense as compared to SFR pricing in the immediate neighborhood. This triplex contains one - 1-bedroom+1-bath above the garage and two - 2-bedoom+1.25 bath (townhouse style) units. The townhouse units each have multiple entrances, a California basement, individual private patio and their own separate laundry area. Located in an area with a very diverse employment base with thousands of jobs in technology, entertainment, law, education, finance, public sector and government. The area is incredibly walkable with access to shops, boutiques and restaurants along Westwood/Santa Monica & Wilshire Boulevards. It is within close proximity to major freeways (the 10 & the 405) and is minutes by car to Beverly Hills and Westwood office buildings, UCLA, Brentwood, Santa Monica and Century City. It is also close to operational subway stations planed for Century City and along Wilshire Boulevard. Long term owner selling "As-Is" and intends to enter into a 1031 tax deferred exchange. Please do not walk on property or disturb tenants.

Listed by James Gilb | BRE #00998653 | James F. Gilb
Last checked: 37 seconds ago | Last updated: May 28th, 2024 | Source CRMLS | DOM: 57
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Home details

Lot Sq. Ft
5,022
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24393661
City
Los Angeles
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,664
  • Total Rent: $1,664
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,375
  • Total Rent: $3,375
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,131
  • Total Rent: $3,131
  • Pro Forma/Market Rent: $3,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $56,263
  • Gross Operating Income: $98,040
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 10745 Ohio Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 4325013011
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Beverly Glen, East of Westwood Blvd, South of Wilshire Blvd and north of Santa Monica Blvd.
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Sale History for 10745 Ohio Ave

Last sold for $420,000 on July 30th, 1996
  • May, 2024

  • May 20, 2024

    Date

    Active

    CRMLS: 24393661

    $2,400,000

    Price

  • July, 1996

  • Jul 30, 1996

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

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Tax History for 10745 Ohio Ave

Assessed Value (2020): $625,465
Year Land Value Improved Value Assessed Value
2020 $595,692 $29,773 $625,465

Home Value Compared to the Market

This property vs the competition

10745 Ohio Ave is listed 100% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $783.8 per/sqft which puts the price per square foot 1.4% higher than the median price per square foot for the city of Los Angeles.

About 10745 Ohio Ave

Detailed summary of property

10745 Ohio Ave is a multi family located in Los Angeles, CA 90024 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 3,062 living square feet, and sits on an approximately 5,022 square foot lot. 10745 Ohio Ave was first listed on ArdentRealEstateGroup.com on May 20, 2024. The homeowner is currently asking $2,400,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 100% higher than the median priced home. Local competing homes currently for sale include 12214 W Sunset Blvd, 10515 Tabor St and 1119 Rexford Dr. While the average home in Los Angeles, CA is selling in 101 days, 10745 Ohio Ave has a days on market of 57 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 10745 Ohio Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10745 Ohio Ave

Public county record property details
Beds
6
Baths
5
Year built
1936
Sq. Ft.
3,062
Lot Size
5,004
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4325-013-011

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$823
Median Sold Price
$1,325,000
Median Sold Price/Sq.Ft.
$793
Total Inventory
188
Median Sale to List Price %
98.22%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (24%), Other (8%)

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Related Resources to 10745 Ohio 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.