11024 Wilmington Ave, Los Angeles, CA 90059
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11024 Wilmington Ave Los Angeles, CA 90059

$680,000 Sold Price as of 06/28/2021
  • 6 Beds
  • 4 Baths
  • 2,738 Sq.Ft.
Sold
$680,000 Sold Price as of 06/28/2021 Refinance Your Mortgage

Map preview of 11024 Wilmington Ave, Los Angeles, CA 90059

Property Overview: 11024 Wilmington Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,738 living square feet and 3,284 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A 1996 Duplex consisting of spacious 3 bedroom 2 bath units with 3 car parking each. Each unit with large spacious kitchens and there own Master bedrooms and master bathrooms. great investment for both owner occupied or Investment property

Listed by Isaac Rosales | BRE #01389408 | Berkshire Hathaway Home Srvs
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
3,284
HOA Dues
$0/mo
Year built
1996
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21080847
City
Los Angeles
County
Los Angeles
Time on Site
1094 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,808
  • Total Rent: $1,808
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.05%
  • Gross Rent Multiplier: 13.16
  • Gross Scheduled Income: $51,684
  • Net Operating Income: $34,349
  • Gross Operating Income: $50,133
  • Vacancy Allowance: $1,551
  • Gross Spendable Income: $34,349
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $15,784
  • New Taxes: $8,500
  • Trash: $0
  • Insurance: $1,100
  • Maintenance: $1,440
  • Professional Management: $2,584
  • Water/Sewer: $0
  • Other Expenses: $2,160
  • Other Expense Description: Utilitiy

Property Details for 11024 Wilmington Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 6067005040
  • 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: Wilmington ave and 111th st
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 11024 Wilmington Ave

Last sold for $680,000 on June 28th, 2021
  • June, 2021

  • Jun 29, 2021

    Date

    Sold

    CRMLS: SB21080847

    $680,000

    Price

  • May 3, 2021

    Date

    Pending

    CRMLS: SB21080847

    $680,000

    Price

  • Apr 21, 2021

    Date

    Active

    CRMLS: SB21080847

    $680,000

    Price

  • Apr 20, 2021

    Date

    Coming Soon

    CRMLS: SB21080847

    $680,000

    Price

  • August, 2019

  • Aug 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • July, 2015

  • Jul 17, 2015

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

Show More

Tax History for 11024 Wilmington Ave

Assessed Value (2020): $550,000
Year Land Value Improved Value Assessed Value
2020 $250,000 $300,000 $550,000

Home Value Compared to the Market

This property vs the competition

11024 Wilmington Ave sold on June 28, 2021 for 42.86% lower 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 $248.36 per/sqft which puts the price per square foot 67.11% lower than the current median sale per square foot for the city of Los Angeles.

About 11024 Wilmington Ave

Detailed summary of property

11024 Wilmington Ave is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,738 living square feet, and sits on an approximately 3,284 square foot lot. 11024 Wilmington Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $680,000. 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 42.86% lower than the current median priced home. Local homes that are currently for sale include 8219-8221 Morton Ave, 913 E 87th St and 1600 E 81st St. While the average home in Los Angeles, CA is selling in 93 days, 11024 Wilmington Ave has a days on market of 2 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 11024 Wilmington Ave Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11024 Wilmington Ave

Public county record property details
Beds
4
Baths
2
Year built
1996
Sq. Ft.
2,738
Lot Size
3,283
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
140
APN
6067-005-040

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,900
Median List Price/Sq.Ft.
$509
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

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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.