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11051 Missouri Ave Los Angeles, CA 90025

$2,620,000 Sold Price as of 05/10/2021

12 Beds
6 Baths
6,686 Sq.Ft.

Sold

$2,620,000 Sold Price as of 05/10/2021 Refinance Your Mortgage

Map preview of 11051 Missouri Ave, Los Angeles, CA 90025

Property Overview: 11051 Missouri Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 6,686 living square feet and 6,031 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on market in 55 years. A well maintained, six unit garden apartment at the NE corner of Bentley and Missouri. Owner's unit 2 bed, 1.75 bath and large den with walk-in closet, so really a 3 bedroom, will be delivered vacant at COE. Rent for Owner's unit projected at $3,000 per month. Unit 5, 3bd, 1.75bath, will be vacant, rent projected at $3,000. Unit 6, the studio, now vacant. Rent is projected at $1600. Well located to UCLA, Westwood and all the attractions of the Westside, including the new Google Campus. Soft Story Earthquake retrofit, foundation bolting and EQ gas valves all completed July 2019. All copper pipes. Laundry room washer and dryer, without lease, included in purchase price.

Listed by Michael Segal | BRE #00834018 | Michael Segal Investment Re

Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 258

Home details

Lot Sq. Ft: 6,031
HOA Dues: $0/mo
Year built: 1963
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20605932
City: Los Angeles
County: Los Angeles
Time on Site: 1355 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 1
# of Electric Meters: 5
# of Gas Meters: 5

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,000

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,394
Total Rent: $2,394
Pro Forma/Market Rent: $2,900

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,758
Total Rent: $1,758
Pro Forma/Market Rent: $2,150

Unit Breakdown 4

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,450
Total Rent: $2,450
Pro Forma/Market Rent: $2,600

Unit Breakdown 5

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,000

Unit Breakdown 6

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 16.72
Gross Scheduled Income: --
Net Operating Income: $95,294
Gross Operating Income: $170,424

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $40,800
Trash: $4,900
Insurance: $4,030
Maintenance: $11,000
Water/Sewer: $3,600

Property Details for 11051 Missouri Ave

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Heating Information

Has Heating
Forced Air

Laundry Information

Has Laundry
Community, Individual Room

Fireplace Information

No Fireplace
None

Room Information

Flooring: Carpet, Laminate

Kitchen Information

Has Appliances
Dishwasher

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Carport

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 6
Parcel Number: 4323019043

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Other

Location / Neighborhood

Location Information

Directions: One block South of Santa Monica Blvd., one block East of Sepulveda Blvd.

View more facts & features

Local Los Angeles Agent

Sale History for 11051 Missouri Ave

Last sold for $2,620,000 on May 10th, 2021

May, 2021
May 11, 2021

Date

Sold

CRMLS: 20605932

$2,620,000

Price
Apr 10, 2021

Date

Pending

CRMLS: 20605932

$2,850,000

Price
Apr 2, 2021

Date

Price Change

CRMLS: 20605932

$2,850,000

Price
Jan 27, 2021

Date

Price Change

CRMLS: 20605932

$2,950,000

Price
Sep 28, 2020

Date

Price Change

CRMLS: 20605932

$3,200,000

Price
Jul 25, 2020

Date

Active

CRMLS: 20605932

$3,400,000

Price
August, 2017
Aug 11, 2017

Date

Sold (Public Records)

Public Records

$362,500

Price
April, 2016
Apr 4, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 11051 Missouri Ave

Assessed Value (2020): $1,286,398

Year	Land Value	Improved Value	Assessed Value
2020	$833,287	$453,111	$1,286,398

Home Value Compared to the Market

This property vs the competition

11051 Missouri Ave sold on May 10, 2021 for 154.46% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $426.26 per/sqft which puts the price per square foot 41.12% lower than the current median sale per square foot for the city of Los Angeles.

About 11051 Missouri Ave

Detailed summary of property

11051 Missouri Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 6,686 living square feet, and sits on an approximately 6,031 square foot lot. 11051 Missouri Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,620,000. Home 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 154.46% higher than the current median priced home. Local homes that are currently for sale include 3647 Vinton Ave, 12028 Venice Blvd and 3624 Beethoven St. While the average home in Los Angeles, CA is selling in 106 days, 11051 Missouri Ave has a days on market of 258 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. For more information on this home for sale at 11051 Missouri Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11051 Missouri Ave

Public county record property details

Beds: --
Baths: --
Year built: 1963
Sq. Ft.: 6,686
Lot Size: 6,030
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 12
APN: 4323-019-043

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,159,000

Median List Price/Sq.Ft.

$743

Median Sold Price

$1,151,000

Median Sold Price/Sq.Ft.

$714

Total Inventory

137

Median Sale to List Price %

97.96%

Avg Days on Market

Loan Type

Conventional (13.79%), FHA (0%), VA (0%), Cash (20.69%), Other (10.34%)

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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.