10815 Rose Ave #1, Los Angeles, CA 90034
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10815 Rose Ave #1 Los Angeles, CA 90034

$3,130,000 Sold Price as of 04/30/2019
  • 9 Beds
  • 9 Baths
  • 6,830 Sq.Ft.
Sold
$3,130,000 Sold Price as of 04/30/2019 Refinance Your Mortgage

Map preview of 10815 Rose Ave #1, Los Angeles, CA 90034

Property Overview: 10815 Rose Ave #1 Los Angeles, CA has 9 bedrooms, 9 bathrooms, 6,830 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seven large units on the nicest street in Palms, 4%+ CAP on current rents, all copper plumbing. Surrounded by institutional-quality assets in a prime Westside location, 10815 Rose Ave. is an outstanding opportunity to secure a growth asset with strong current rents in a low turnover area. Oversized, home-like, units offer varied floorplans and distinct features including built-ins, dining rooms, bar areas and library/entryway nooks. With one-bedrooms averaging over 900sf and a 1,300sf 3-bed 3-bath townhome, units offer the potential for luxury remodeling and additional bedrooms. Plenty of parking and private yards, patios and balconies add to the building's attractiveness to renters. Excellent location immediately accessible from the 10 and 405 Freeways and walk/bike friendly to the Expo Line, Downtown Culver City, Venice Boulevard and the future 600,000sf Google campus at the former site of the Westside Pavilion. Separately-metered. Subject to City of LA Soft-Story Retrofit Program.

Listed by Adam Peterson | BRE #01815802 | CB Richard Ellis, Inc.
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19424976
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $50,400
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,102
  • Total Rent: $151,408
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.02%
  • Gross Rent Multiplier: 15.86
  • Gross Scheduled Income: --
  • Net Operating Income: $128,698
  • Gross Operating Income: $197,791
  • Improvements Total: $500,757
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10815 Rose Ave #1

Interior Features
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Driveway, Covered
Property Information
  • Total # of Units: 7
  • Parcel Number: 4254017031
Location / Neighborhood
Location Information
  • Directions: Rose Ave. between Overland and Sepulveda
View more facts & features

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Sale History for 10815 Rose Ave #1

Last leased for $3,950 on February 28th, 2020
  • February, 2020

  • Feb 29, 2020

    Date

    Leased

    CRMLS: 20540422

    $3,950

    Price

  • Jan 4, 2020

    Date

    Active

    CRMLS: 20540422

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    Well renovated 3 bedroom/2.5 bathroom unit with washer/dryer hook up. Brand new washer/dryer and refrigerator will be provided by the landlord. Rent concession will be considered for a qualified tenant.Check the unit at youtubehttps://youtu.be/thjySTHDp1M

  • January, 2020

  • Jan 14, 2020

    Date

    Leased

    CRMLS: 19509412

    $2,295

    Price

  • Dec 2, 2019

    Date

    Price Change

    CRMLS: 19509412

    $2,295

    Price

  • Sep 10, 2019

    Date

    Active

    CRMLS: 19509412

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Well renovated one bedroom unit with a brand new kitchen, bathroom and appliances. We may consider a rent concession with qualified tenant. Please call listing agent for more details.

  • July, 2019

  • Jul 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,130,000

    Price

  • May, 2019

  • May 1, 2019

    Date

    Sold

    CRMLS: 19424976

    $3,130,000

    Price

  • Feb 16, 2019

    Date

    Pending

    CRMLS: 19424976

    $3,200,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: 19424976

    $3,200,000

    Price

  • April, 2019

  • Apr 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,130,000

    Price

Show More

Tax History for 10815 Rose Ave #1

Assessed Value (2020): $4,130,000
Year Land Value Improved Value Assessed Value
2020 $1,600,000 $2,530,000 $4,130,000

Home Value Compared to the Market

This property vs the competition

10815 Rose Ave #1 sold on April 30, 2019 for 168.91% 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 $468.52 per/sqft which puts the price per square foot 37.94% lower than the current median sale per square foot for the city of Los Angeles.

About 10815 Rose Ave #1

Detailed summary of property

10815 Rose Ave #1 is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 6,830 living square feet, and sits on an approximately 6,501 square foot lot. 10815 Rose Ave #1 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,130,000. 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 168.91% higher than the current median priced home. Local homes that are currently for sale include 1818 Midvale Ave, 8701 Olin St and 1833 Benecia Ave. While the average home in Los Angeles, CA is selling in 94 days, 10815 Rose Ave #1 has a days on market of 29 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 10815 Rose Ave #1 Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10815 Rose Ave #1

Public county record property details
Beds
9
Baths
9
Year built
1969
Sq. Ft.
6,830
Lot Size
6,501
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
121
APN
4254-017-031

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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.