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10783 Ohio Ave, Los Angeles, CA 90024
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10783 Ohio Ave Los Angeles, CA 90024

$2,675,000 Sold Price as of 10/03/2019
  • 32 Beds
  • 20 Baths
  • 5,063 Sq.Ft.
Sold
$2,675,000 Sold Price as of 10/03/2019 Refinance Your Mortgage
Map preview of 10783 Ohio Ave, Los Angeles, CA 90024

Property Overview: 10783 Ohio Ave Los Angeles, CA has 32 bedrooms, 20 bathrooms, 5,063 living square feet and 6,225 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This well-maintained and beautifully landscaped Spanish architectural fourplex is located in the heart of Westwood. Set amid lush surroundings on a 6224 sq ft lot, this 5063 square foot property offers 2 bedroom apartments and townhouse-style homes. Built in 1931, the architectural charm has been left intact while tastefully renovated. There is hardwood flooring, beamed ceilings, and all units have utility rooms with washer/dryer hookups. There are 4 private single-car garages with additional parking in front for a total of 8 off-street spaces. A roof-top deck provides for outdoor space. Separately metered, tenants pay electricity, gas, and trash. Ideal for owner-user financing terms.

Listed by Jill Fischer-Politz | BRE #00907458 | White House Properties
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,225
HOA Dues
$0/mo
Year built
1931
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR19186072
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 8
  • # of Baths: 5
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,590
  • Total Rent: $11,590
  • Pro Forma/Market Rent: $13,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $139,080
  • Net Operating Income: $112,398
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $48,402
  • New Taxes: $34,375
  • Trash: $0
  • Gardener: $1,560
  • Insurance: $5,934
  • Maintenance: $4,765
  • Water/Sewer: $1,768

Property Details for 10783 Ohio Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Room Information
  • Flooring: Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage, Garage - Single Door
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4325019012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Westwood between Santa Monica and Wilshire
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 10783 Ohio Ave

Last leased for $2,700 on March 10th, 2021

  • March, 2021

  • Mar 12, 2021

    Date

    Leased

    CRMLS: 20671174

    $2,700

    Price

  • Feb 23, 2021

    Date

    Price Change

    CRMLS: 20671174

    $2,975

    Price

  • Feb 16, 2021

    Date

    Price Change

    CRMLS: 20671174

    $3,100

    Price

  • Feb 15, 2021

    Date

    Price Change

    CRMLS: 20671174

    $3,175

    Price

  • Dec 16, 2020

    Date

    Active

    CRMLS: 20671174

    $3,275

    Price

  • Listing provided courtesy of CRMLS

    Charming, over 1,000 square foot two bed, 1 bath apartment in beautifully maintained garden style apartment building in Westwood. Includes large step down living room with hardwood floors, wood beam ceiling and lots of of natural light. Really a lovely, classic apartment with lots of character. Highly desirable area walking distance to retail and restaurants and very close to UCLA. Includes two car parking (single enclosed garage and tandem space behind garage).

  • October, 2019

  • Oct 3, 2019

    Date

    Sold

    CRMLS: SR19186072

    $2,675,000

    Price

  • Aug 16, 2019

    Date

    Pending

    CRMLS: SR19186072

    $2,750,000

    Price

  • Aug 5, 2019

    Date

    Active

    CRMLS: SR19186072

    $2,750,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,675,000

    Price

Show More

Tax History for 10783 Ohio Ave

Assessed Value (2020): $2,675,000
Year Land Value Improved Value Assessed Value
2020 $1,872,000 $803,000 $2,675,000

Home Value Compared to the Market

This property vs the competition

10783 Ohio Ave sold on October 3, 2019 for 145.54% 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 $543.16 per/sqft which puts the price per square foot 24.98% lower than the current median sale per square foot for the city of Los Angeles.

About 10783 Ohio Ave

Detailed summary of property

10783 Ohio Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 32 bedrooms, 20 bathrooms, roughly 5,063 living square feet, and sits on an approximately 6,225 square foot lot. 10783 Ohio Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,675,000. 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 145.54% higher than the current median priced home. Local homes that are currently for sale include 3729 Glendon Ave, 3729 Glendon Ave and 3757 Veteran Ave. While the average home in Los Angeles, CA is selling in 106 days, 10783 Ohio Ave has a days on market of 11 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 10783 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 10783 Ohio Ave

Public county record property details
Beds
8
Baths
5
Year built
1931
Sq. Ft.
5,063
Lot Size
6,224
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
4325-019-012

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
$1,295,000
Median List Price/Sq.Ft.
$819
Median Sold Price
$1,245,000
Median Sold Price/Sq.Ft.
$697
Total Inventory
178
Median Sale to List Price %
96.14%
Avg Days on Market
48
Loan Type
Conventional (3.13%), FHA (0%), VA (0%), Cash (9.38%), Other (3.13%)

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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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