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1080 N Alma Ave, Los Angeles, CA 90063
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1080 N Alma Ave Los Angeles, CA 90063

$1,100,000 Sold Price as of 07/11/2022
  • 7 Beds
  • 3.5 Baths
  • 2,209 Sq.Ft.
Sold
$1,100,000 Sold Price as of 07/11/2022 Refinance Your Mortgage
Map preview of 1080 N Alma Ave, Los Angeles, CA 90063

Property Overview: 1080 N Alma Ave Los Angeles, CA has 7 bedrooms, 3.5 bathrooms, 2,209 living square feet and 6,370 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An Exceptional opportunity to own a Triplex with ADU potential in City Terrace. Front unit has been converted to a 3 bed, 1.5 bath. Both back units (one in rear and one above garages) are 2 bed, 1 bath. Featured is unit in rear. All three units have new electrical wires and drywall and have been fully upgraded with new flooring, recessed lighting, windows, kitchen cabinets, countertops and new appliances. The driveway has new concrete and the retainer wall between houses has been reinforced. All units are currently rented. Plans to convert the garages into an income producing ADU are ready to submit to the city for approval. Plans will be included with purchase, buyer(s) to obtain final approval. Submit ALL Offers!

Listed by Monica Abundiz | BRE #01419966 | Beach Cities Properties, Inc.
Last checked: 3 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
6,370
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW21231326
City
Los Angeles
County
Los Angeles
Time on Site
989 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,855
  • Total Rent: $1,855
  • Pro Forma/Market Rent: $1,855
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,791
  • Total Rent: $1,791
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,641
  • Total Rent: $2,641
  • Pro Forma/Market Rent: $2,641
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $150
  • Garage Rental Income: $150
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1080 N Alma Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
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: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5229023014
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Take 605N, 105W/Century Fwy an 710N to N. Ford Blvd in East Los Angeles. Take exit 20C from 710N. Take East Cesar E. Chavez Ave and Blanchard St. to N. Alma Ave.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1080 N Alma Ave

Last sold for $1,100,000 on July 11th, 2022

  • December, 2021

  • Dec 28, 2021

    Date

    Pending

    CRMLS: PW21231326

    $950,000

    Price

  • Dec 8, 2021

    Date

    Active

    CRMLS: PW21231326

    $950,000

    Price

  • Oct 21, 2021

    Date

    Active

    CRMLS: PW21231326

    $950,000

    Price

  • July, 2018

  • Jul 5, 2018

    Date

    Sold

    CRMLS: IV18107252

    $540,000

    Price

  • Jun 7, 2018

    Date

    Pending

    CRMLS: IV18107252

    $560,000

    Price

  • May 17, 2018

    Date

    Active Under Contract

    CRMLS: IV18107252

    $560,000

    Price

  • May 8, 2018

    Date

    Active

    CRMLS: IV18107252

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    This property is a TRIPLEX!!! Great investment opportunity for an investor that wants to rent these units out. There's NO RENT CONTROL: first unit consists of 3 bed 2 bath, second unit 2 bed 1 bath, third unit 1 bed 1 bath and also has two garage spaces, one car garage each . Property needs work but it's been appraised at a great value and won't last!!! 2nd unit has a great view to downtown LA.

  • July, 2018

  • Jul 5, 2018

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • March, 2000

  • Mar 10, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1080 N Alma Ave

Assessed Value (2020): $550,800
Year Land Value Improved Value Assessed Value
2020 $358,020 $192,780 $550,800

Home Value Compared to the Market

This property vs the competition

1080 N Alma Ave sold on July 11, 2022 for 25.43% lower 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 $430.06 per/sqft which puts the price per square foot 45.63% lower than the current median sale per square foot for the city of Los Angeles.

About 1080 N Alma Ave

Detailed summary of property

1080 N Alma Ave is a triplex that recently sold in Los Angeles, CA 90063. This triplex offered 7 bedrooms, 3.5 bathrooms, roughly 2,209 living square feet, and sits on an approximately 6,370 square foot lot. 1080 N Alma Ave was first listed on ArdentRealEstateGroup.com on October 21, 2021. The homeowner sold the property for $1,100,000. 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 25.43% lower than the current median priced home. Local homes that are currently for sale include 548 S Lorena St, 631 S Evergreen Ave and 505 S Chicago St. While the average home in Los Angeles, CA is selling in 100 days, 1080 N Alma Ave has a days on market of 61 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 1080 N Alma Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1080 N Alma Ave

Public county record property details
Beds
4
Baths
3
Year built
1929
Sq. Ft.
2,209
Lot Size
6,370
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5229-023-014

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$640
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
40
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1080 N Alma Ave

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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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