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1079 S Cloverdale Ave, Los Angeles, CA 90019
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1079 S Cloverdale Ave Los Angeles, CA 90019

$1,629,575 Sold Price as of 05/21/2024
  • 6 Beds
  • 4 Baths
  • 4,253 Sq.Ft.
Sold
$1,629,575 Sold Price as of 05/21/2024 Refinance Your Mortgage
Map preview of 1079 S Cloverdale Ave, Los Angeles, CA 90019

Property Overview: 1079 S Cloverdale Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,253 living square feet and 6,904 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ******UPDATED 03/13/2024 ******** CONFIRMATION HEARING SCHEDULED FOR THURSDAY 03/21/2024 AT 8:30AM IN DEPARTMENT 79, STANLEY MOSK LOS ANGELES COUNTY SUPERIOR COURT HOUSE. 111 NORTH HILL STREET, LOS ANGELES CA 90012. OFFER PRICE TO BE CONFIRMED IS $1,551,500. FIRST OVERBID AMOUNT MUST BE $1,629,575. OFFER IS 33% DOWN AND 67% FINANCING. OVER BID OFFER MUST BE A NON-CONTIGENCY OFFER. NO LOAN CONTINGENCY, NO APPRAISAL CONTINGENCY, NO APPRAISAL CONTINGENCY, NO INSPECTION CONTIGENCY. COE WILL BE NO LATER THAN 30 DAYS FROM CONFIRMATION HEARING. ESCROW IS 50/50. SELLER WILL CHOOSE ALL SERVICES, SELLER TO PAY COUNTY AND CITY TRANSFER TAX. SELLER WILL PAY FOR GOV'T REQUIREMENTS. SELLER TO INCLUDE ALL APPLIANCES. BUYER WAIVES HOME WARRANTY. PLEASE BRING CERTIFIED FUNDS IN THE AMOUNT OF 10% AND MAKE PAYABLE TO ELITE ONE ESCROW******* ALL OVERBIDDERS WILL BE QUALIFIED BY REAL ESTATE BROKER BEFORE ALLOWED TO MAKE OVERBID******. AT BACK ON THE MARKET!!!!BUYER COULD NOT PERFORM!!! WE CAN GO TO COURT WITHIN THIRTY DAYS!!!! BEAUTIFUL DUPLEX IN THE HEART OF MIRICLE MILE DISTRICT OF LOS ANGELES. EACH UNIT HAS OVER 2100 SQ. FT OF LIVING SPACE. EACH EXTRA LARGE UNIT BOAST 3 BEDROOMS AND 2 FULL BATHROOMS. THE PROPERTY IS BEING SOLD UNDER THE AUTHORITY OF THE CALIFORNIA PROBATE COURT BY THE ADMINISTRATOR OF THE ESTATE OF T M. THIS PROPERTY WILL SOLD "AS-IS" "WHERE-IS". NO IMPROVEMENTS, UPGRADES OR REPAIRS WILL BE MADE TO THE PROPERTY. THE PROPERTY WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. BUYER TO VERIFIY ALL BUILDING RECORDS AND SQUARE FOOTAGE.

Listed by Ricardo Curtis | BRE #01464851 | Jacob, Christopher & Lee Rlty
Last checked: 11 minutes ago | Last updated: May 28th, 2024 | Source CRMLS | DOM: 156

Home details

Lot Sq. Ft
6,904
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23283415
City
Los Angeles
County
Los Angeles
Time on Site
377 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $125,200
  • Gross Operating Income: $132,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gardener: $500
  • Insurance: $3,000
  • Water/Sewer: $3,300

Property Details for 1079 S Cloverdale Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5084017016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of San Vicente Blvd. South of Olympic Blvd. West of La Brea Ave and East of Hauser Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1079 S Cloverdale Ave

Last sold for $1,629,575 on May 21st, 2024

  • May, 2024

  • May 21, 2024

    Date

    Sold

    CRMLS: 23283415

    $1,629,575

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: 23283415

    $1,600,000

    Price

Tax History for 1079 S Cloverdale Ave

Assessed Value (2020): $97,459
Year Land Value Improved Value Assessed Value
2020 $52,653 $44,806 $97,459

Home Value Compared to the Market

This property vs the competition

1079 S Cloverdale Ave sold on May 21, 2024 for 25.59% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $376.21 per/sqft which puts the price per square foot 52.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1079 S Cloverdale Ave

Detailed summary of property

1079 S Cloverdale Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,253 living square feet, and sits on an approximately 6,904 square foot lot. 1079 S Cloverdale Ave was first listed on ArdentRealEstateGroup.com on June 22, 2023. The homeowner sold the property for $1,629,575. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.59% higher than the current median priced home. Local homes that are currently for sale include 1612 S Sierra Bonita Ave, 1455 S Genesee Ave and 1556 S Genesee Ave. While the average home in Los Angeles, CA is selling in 100 days, 1079 S Cloverdale Ave has a days on market of 156 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1079 S Cloverdale Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1079 S Cloverdale Ave

Public county record property details
Beds
6
Baths
4
Year built
1926
Sq. Ft.
4,253
Lot Size
6,903
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
367
APN
5084-017-016

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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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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