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1108 Manzanita St, Los Angeles, CA 90029
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1108 Manzanita St Los Angeles, CA 90029

$1,100,000 Sold Price as of 06/25/2021
  • 6 Beds
  • 4 Baths
  • 2,436 Sq.Ft.
Sold
$1,100,000 Sold Price as of 06/25/2021 Refinance Your Mortgage
Map preview of 1108 Manzanita St, Los Angeles, CA 90029

Property Overview: 1108 Manzanita St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,436 living square feet and 7,688 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location-Location-Location!! You can't get any closer to the heart of Silverlake, one block from Sunset Junction. (Sunset & Santa Monica) This is a fantastic investor opportunity. Zoned LARD2 with easy access to the side length of property off of Wit Place. Parcel includes 1108, 1108 1/2, 1110 and 1112. Property currently has 3 homes with 4 units. 2/1, 2/1, 1/1 and 1/1. There are a great mix of coffee shops, restaurants and shopping close by. Original buildings from 1920.

Listed by Joshua Sterling | BRE #01890181 | Realty Executives SCV
Last checked: 13 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 530

Home details

Lot Sq. Ft
7,688
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR19224579
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # 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: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,496
  • Net Operating Income: $50,560
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,936
  • Electric: $150
  • Gas/Fuel: $0
  • New Taxes: $1,044
  • Trash: $80
  • Insurance: $932
  • Water/Sewer: $100

Property Details for 1108 Manzanita St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
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: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5429010014
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Sunset where Santa Monica runs into it; turn north on Sanborn and left onto first alley. End of Alley is Manzanita and property is to the right.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1108 Manzanita St

Last sold for $1,100,000 on June 25th, 2021

  • June, 2023

  • Jun 6, 2023

    Date

    Expired

    CRMLS: 22223587

    $1,595,000

    Price

  • Dec 7, 2022

    Date

    Active

    CRMLS: 22223587

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a four (4) unit apartment building with RTI plans for an ADU unit located at 1108-1112 Manzanita Street in Los Angeles, California. The subject property is situated in the best location of Silver Lake, east of Sunset Boulevard and north of Santa Monica Boulevard. Built in 1920, this property contains a great unit mix of two (2) one-bedroom / one-bathroom units and two (2) two-bedroom / one-bathroom units. The units are spread across two (2) character bungalow buildings and one (1) duplex all with open lighting and plenty of yard space. The offering will be delivered with RTI plans for a new three-bedroom / two and a half-bathroom ADU unit as well as RTI plans to reconfigure all the one-bed units into two-bed units. There are currently four (4) parking spaces with potential to modify fencing to add more. Tenants will love being in the best location of Silver Lake, right below Sunset Junction with walkable access through a lush community garden featuring one of Silver Lake's secret staircases. Residents are also within walking distance to incredible amenities such as Erewhon, Bacari, La Colombe, Kombu Sushi, and many more of Los Angeles's trendiest. Situated in the best location of Silver Lake, this offering presents an excellent opportunity for any investor to capitalize on 30-year fixed residential financing to achieve strong rental upside by executing the RTI plans to build an ADU and add bedrooms all in the trendiest market of Los Angeles.

  • June, 2021

  • Jun 25, 2021

    Date

    Sold

    CRMLS: SR19224579

    $1,100,000

    Price

  • Apr 26, 2021

    Date

    Pending

    CRMLS: SR19224579

    $1,200,000

    Price

  • Apr 16, 2021

    Date

    Price Change

    CRMLS: SR19224579

    $1,200,000

    Price

  • Jul 24, 2020

    Date

    Active

    CRMLS: SR19224579

    $1,400,000

    Price

  • Jul 24, 2020

    Date

    Price Change

    CRMLS: SR19224579

    $1,400,000

    Price

  • Jun 3, 2020

    Date

    Pending

    CRMLS: SR19224579

    $1,600,000

    Price

  • Sep 21, 2019

    Date

    Active

    CRMLS: SR19224579

    $1,600,000

    Price

  • January, 2018

  • Jan 4, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1108 Manzanita St

Assessed Value (2020): $61,819
Year Land Value Improved Value Assessed Value
2020 $32,031 $29,788 $61,819

Home Value Compared to the Market

This property vs the competition

1108 Manzanita St sold on June 25, 2021 for 0.84% 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 $492.61 per/sqft which puts the price per square foot 34.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1108 Manzanita St

Detailed summary of property

1108 Manzanita St is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,436 living square feet, and sits on an approximately 7,688 square foot lot. 1108 Manzanita St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,100,000. 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 0.84% higher than the current median priced home. Local homes that are currently for sale include 2138 Santa Ynez St, 5228 De Longpre Ave and 234 S Vendome St. While the average home in Los Angeles, CA is selling in 92 days, 1108 Manzanita St has a days on market of 530 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1108 Manzanita St Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1108 Manzanita St

Public county record property details
Beds
6
Baths
4
Year built
1920
Sq. Ft.
2,436
Lot Size
7,687
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
167
APN
5429-010-014

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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