1102 N Stone St Los Angeles, CA 90063

$1,795,500 Sold Price as of 08/10/2017

13 Beds
8 Baths
6,650 Sq.Ft.

Off Market

$1,795,500 Sold Price as of 08/10/2017 Refinance Your Mortgage

Map preview of 1102 N Stone St, Los Angeles, CA 90063

Property Overview: 1102 N Stone St Los Angeles, CA has 13 bedrooms, 8 bathrooms, 6,650 living square feet and 4,799 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1102 N Stone St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1102 N Stone St

Last sold for $1,795,500 on August 10th, 2017

July, 2023
Jul 26, 2023

Date

Canceled

CRMLS: 23258249

$1,799,999

Price
Apr 7, 2023

Date

Active

CRMLS: 23258249

$2,000,000

Price
Listing provided courtesy of CRMLS

PRICE ADJUSTMENT - BRC Advisors is proud to present an 8-unit investment opportunity at 1102 Stone Street, in the rapidly gentrifying neighborhood of Boyle Heights. This pride of ownership property is fully occupied and contains a mix of five (5) completely renovated 2 bed / 1 bath and three (3) 1 bed / 1 bath units.The building is strategically located in between four major Freeways and close to multiple local transit stops such as the Metro Gold Line light rail. The site also sits one mile from Los Angeles County USC Medical Center and the world renown Keck Hospital of USC.

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August, 2017
Aug 10, 2017

Date

Sold

CRMLS: 17202368

$1,795,100

Price
Feb 23, 2017

Date

Active Under Contract

CRMLS: 17202368

$1,749,000

Price
Feb 15, 2017

Date

Active

CRMLS: 17202368

$1,749,000

Price
Listing provided courtesy of CRMLS

How would you like to have a multi-family property that: a) cash flows very nicely, b) is fully and beautifully renovated so you don't spend a penny for sometime to come and c) has great upside, all in the same package? Well, here it is! This is 8 units in Boyle Hts with 6 current market tenants and two long term low rent tenants. Whenever those two tenants vacate you can add an additional $2K/mo! According to our calculations you should be able to net about $4500/mo or $54,000 annually right now, while putting down about $525K. And all this in a hugely up and coming neighborhood.

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August, 2017
Aug 10, 2017

Date

Sold (Public Records)

Public Records

$1,795,500

Price
July, 2017
Jul 13, 2017

Date

Canceled

CRMLS: 17248648

$2,100

Price
Jul 7, 2017

Date

Active

CRMLS: 17248648

$2,100

Price
Listing provided courtesy of CRMLS

Newly renovated loft style two-bedroom apartment for rent in a beautiful 8-unit brick building. Located in Boyle Heights, this 2nd floor unit comes equipped with hardwood floors throughout, high ceilings, fridge and oven included. Washer and dryer in unit! Small pets okay with additional deposit. Come and see it today!

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August, 2016
Aug 9, 2016

Date

Sold (Public Records)

Public Records

$1,110,000

Price
June, 2016
Jun 3, 2016

Date

Price Change

CRMLS: 16130824

$989,000

Price
Listing provided courtesy of CRMLS

Great opportunity to own a multifamily complex in an upcoming area. Currently there are 6-units vacant. Vacant units will not be delivered rent ready. Property subject to LA Rent Stabilization Ordinance. **Agent please read Private Remarks**

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Tax History for 1102 N Stone St

Assessed Value (2020): $1,867,622

Year	Land Value	Improved Value	Assessed Value
2020	$520,200	$1,347,422	$1,867,622

About 1102 N Stone St

Detailed summary of property

1102 N Stone St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90063 and last sold on August 10, 2017 for $1,795,500. This property has 13 bedrooms, 8 bathrooms, roughly 6,650 living square feet, and sits on an approximately 4,799 square foot lot. Homes 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 60.31% higher than the current median priced home. 1102 N Stone St was last sold on August 10, 2017 for $1,795,500. Local nearby listings include 1222 Van Pelt Ave, 3311 E 4th St and 3403 E 4th St. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 1102 N Stone St 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 1102 N Stone St

Public county record property details

Beds: 13
Baths: 8
Year built: 1928
Sq. Ft.: 6,650
Lot Size: 4,799
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5229-006-014

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

$650,000

Median List Price/Sq.Ft.

$592

Median Sold Price

$600,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

Median Sale to List Price %

100.17%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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(714) 706-1823

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