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1116 E 69Th St, Los Angeles, CA 90001
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1116 E 69Th St Los Angeles, CA 90001

$1,080,000 Sold Price as of 06/28/2024
  • -- Beds
  • -- Baths
  • 4,639 Sq.Ft.
Sold
$1,080,000 Sold Price as of 06/28/2024 Refinance Your Mortgage
Map preview of 1116 E 69Th St, Los Angeles, CA 90001

Property Overview: 1116 E 69Th St Los Angeles, CA has -- bedrooms, -- bathrooms, 4,639 living square feet and 10,689 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exceptional value-add multifamily property with very attractive upside potential. Less than $100k per door. All 11 units are presently in excellent condition, each equipped with its own heating unit. The units boast either tile or laminate flooring. Every occupied unit comes furnished with stoves, refrigerators, and kitchen cabinets, except for the unoccupied units which do not have appliances. Each unit contains ample built-in closets, and certain units even have two separate entrances. The property features a gated entrance leading to a parking area with designated spots for resident parking. Don't miss this opportunity. This will go fast!!!

Listed by George Morales | BRE #01984555 | Keller Williams Beverly Hills
Last checked: 9 minutes ago | Last updated: June 29th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
10,689
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Other
Status
Sold
MLS#
24390901
City
Los Angeles
County
Los Angeles
Time on Site
129 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.75%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $41,010
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1116 E 69Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 3
  • Parcel Number: 6010011006
  • Entry Level: 1
Location / Neighborhood
Location Information
  • Directions: E S Central Ave. N of Florence Ave. and S of E Gage
View more facts & features

Local Los Angeles Agent

Sale History for 1116 E 69Th St

Last sold for $1,080,000 on June 28th, 2024

  • June, 2024

  • Jun 28, 2024

    Date

    Sold

    CRMLS: 24390901

    $1,080,000

    Price

  • May 11, 2024

    Date

    Active

    CRMLS: 24390901

    $1,095,000

    Price

  • October, 1993

  • Oct 29, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1979

  • Jun 22, 1979

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1116 E 69Th St

Assessed Value (2020): $86,453
Year Land Value Improved Value Assessed Value
2020 $39,571 $46,882 $86,453

Home Value Compared to the Market

This property vs the competition

1116 E 69Th St sold on June 28, 2024 for 2.23% lower 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 $236.04 per/sqft which puts the price per square foot 67.4% lower than the current median sale per square foot for the city of Los Angeles.

About 1116 E 69Th St

Detailed summary of property

1116 E 69Th St is a other that recently sold in Los Angeles, CA 90001. This property offered -- bedrooms, -- bathrooms, roughly 4,639 living square feet, and sits on an approximately 10,689 square foot lot. 1116 E 69Th St was first listed on ArdentRealEstateGroup.com on May 12, 2024. The homeowner sold the property for $1,080,000. 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 2.23% lower than the current median priced home. Local homes that are currently for sale include 6556 S Western Ave, 2050 W Florence Ave and 2214 W Florence Ave. While the average home in Los Angeles, CA is selling in 106 days, 1116 E 69Th St has a days on market of 17 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1116 E 69Th St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1116 E 69Th St

Public county record property details
Beds
2
Baths
6
Year built
1925
Sq. Ft.
2,663
Lot Size
5,455
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
525
APN
6010-011-006

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
31
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1116 E 69Th St

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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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