11123 Van Buren Ave, Los Angeles, CA 90044
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11123 Van Buren Ave Los Angeles, CA 90044

$945,000 Sold Price as of 05/29/2020
  • 25 Beds
  • 11 Baths
  • 3,836 Sq.Ft.
Sold
$945,000 Sold Price as of 05/29/2020 Refinance Your Mortgage

Map preview of 11123 Van Buren Ave, Los Angeles, CA 90044

Property Overview: 11123 Van Buren Ave Los Angeles, CA has 25 bedrooms, 11 bathrooms, 3,836 living square feet and 8,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The front house has central heating and air, 2 bedrooms (1 is a master) and 2 baths and bonus room, the middle building has two units both are 3 bedrooms and 1 bath and the rear structure has 2 bedrooms and 1 bath. The property has 5 parking space located at the rear of the building and 4 parking spaces in front of the units. PLEASE DO NOT DISTRUB TENANTS. ALL OFFERS ARE SUBJECT TO INSPECTION. This is a great investment.

Listed by Regina Hooks | BRE #01207855 | Robert Pitts Estates
Last checked: 16 minutes ago | Last updated: March 19th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,999
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20556552
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $73,140
  • Gross Operating Income: $76,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11123 Van Buren Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Attached Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 6076019029
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Imperial Between Normandie and Vermont
View more facts & features

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Sale History for 11123 Van Buren Ave

Last sold for $945,000 on May 29th, 2020
  • June, 2020

  • Jun 4, 2020

    Date

    Sold

    CRMLS: 20556552

    $945,000

    Price

  • Apr 9, 2020

    Date

    Active Under Contract

    CRMLS: 20556552

    $975,000

    Price

  • Feb 26, 2020

    Date

    Active

    CRMLS: 20556552

    $975,000

    Price

  • May, 2020

  • May 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $945,000

    Price

  • March, 2019

  • Mar 7, 2019

    Date

    Canceled

    CRMLS: 18354230

    $999,989

    Price

  • Dec 12, 2018

    Date

    Active Under Contract

    CRMLS: 18354230

    $999,989

    Price

  • Dec 2, 2018

    Date

    Active

    CRMLS: 18354230

    $999,989

    Price

  • Dec 2, 2018

    Date

    Canceled

    CRMLS: 18354230

    $999,989

    Price

  • Oct 18, 2018

    Date

    Price Change

    CRMLS: 18354230

    $999,989

    Price

  • Aug 1, 2018

    Date

    Active

    CRMLS: 18354230

    $999,999

    Price

  • Jul 13, 2018

    Date

    Active Under Contract

    CRMLS: 18354230

    $999,999

    Price

  • Jun 13, 2018

    Date

    Active

    CRMLS: 18354230

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    Can you say NO RENT CONTROL! This property has so much potential and promise. The front house has 3 bedrooms and 2 baths, the middile building has two units both have 3 bedrooms and 1 bath and the rear structure has 2 bedrooms and 1 bath. The property has 5 parking space located at the rear of the building and 3 parking spaces in front of the units. PLEASE DO NOT DISTRUB TENANTS. ALL OFFERS ARE SUBJECT TO INSPECTION.

  • February, 2016

  • Feb 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $688,000

    Price

  • November, 2015

  • Nov 2, 2015

    Date

    Price Change

    CRMLS: SB15238077

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    No rent control, no city inspections, not in City of L.A. FHA/VA/NACA OK. 4 updated spacious units (SFR + 2 story duplex + freestanding apartment above garage) on monstrous 9000 sq. ft. lot. 11 beds, 4 garages + 3 carports, 4 gas meters, 4 electric meters, central air. Blockwall/wrought iron gated lot w/huge yard. On quiet residential street in Westmont area, west of Vermont Ave. 3-4 blocks to Woodcrest Elementary and Washington High. Zillow predicts 11.8% appreciation here next year.

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Tax History for 11123 Van Buren Ave

Assessed Value (2020): $744,711
Year Land Value Improved Value Assessed Value
2020 $636,469 $108,242 $744,711

Home Value Compared to the Market

This property vs the competition

11123 Van Buren Ave sold on May 29, 2020 for 13.72% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $254.17 per/sqft which puts the price per square foot 66.29% lower than the current median sale per square foot for the city of Los Angeles.

About 11123 Van Buren Ave

Detailed summary of property

11123 Van Buren Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 25 bedrooms, 11 bathrooms, roughly 3,836 living square feet, and sits on an approximately 8,999 square foot lot. 11123 Van Buren Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $945,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.72% lower than the current median priced home. Local homes that are currently for sale include 1035 W 89th St, 1149 W 87th St and 8870 S Figueroa St. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 11123 Van Buren Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11123 Van Buren Ave

Public county record property details
Beds
9
Baths
5
Year built
1964
Sq. Ft.
3,836
Lot Size
8,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
74
APN
6076-019-029

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$518
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
86
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

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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.