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1120 Myra Ave, Los Angeles, CA 90029
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1120 Myra Ave Los Angeles, CA 90029

$1,150,000 Sold Price as of 05/09/2022
  • 26 Beds
  • 21 Baths
  • 3,688 Sq.Ft.
Sold
$1,150,000 Sold Price as of 05/09/2022 Refinance Your Mortgage
Map preview of 1120 Myra Ave, Los Angeles, CA 90029

Property Overview: 1120 Myra Ave Los Angeles, CA has 26 bedrooms, 21 bathrooms, 3,688 living square feet and 6,331 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exciting Opportunity in Prime Silver Lake Location, next to Sunset Junction this 6 unit building is perfectly located close to all of the authentic and exciting restaurants, shops and nightlife. The unit mix consists of three (2+1's), two (1+1's) and one studio which is currently being used as storage by one of the tenants and may be delivered vacant at the close of escrow (this is the $80.00 per month unit). The building has been owned by the same family for many years and has long term tenants who pay on time. There is tremendous upside potential here situated in a trendy neighborhood, centrally located to Hollywood, Los Feliz and Downtown LA. Parking on-site for at least 5 cars.

Listed by Paloma Fierro | BRE #01386256 | Coldwell Banker Realty
Last checked: 13 seconds ago | Last updated: May 9th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,331
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22142975
City
Los Angeles
County
Los Angeles
Time on Site
818 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $810
  • Total Rent: $810
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $830
  • Total Rent: $830
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $80
  • Total Rent: $80
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $815
  • Total Rent: $815
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $260
  • Total Rent: $260
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 6
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $725
  • Total Rent: $725
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $42,240
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1120 Myra Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 6
  • Parcel Number: 5429002014
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: South of Sunset, East of Hoover
View more facts & features

Local Los Angeles Agent

Sale History for 1120 Myra Ave

Last sold for $1,150,000 on May 9th, 2022

  • May, 2022

  • May 9, 2022

    Date

    Sold

    CRMLS: 22142975

    $1,150,000

    Price

  • Apr 4, 2022

    Date

    Active

    CRMLS: 22142975

    $1,399,000

    Price

  • February, 2013

  • Feb 1, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1120 Myra Ave

Assessed Value (2020): $118,545
Year Land Value Improved Value Assessed Value
2020 $34,052 $84,493 $118,545

Home Value Compared to the Market

This property vs the competition

1120 Myra Ave sold on May 9, 2022 for 23.81% higher 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 $379.34 per/sqft which puts the price per square foot 49.69% lower than the current median sale per square foot for the city of Los Angeles.

About 1120 Myra Ave

Detailed summary of property

1120 Myra Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 26 bedrooms, 21 bathrooms, roughly 3,688 living square feet, and sits on an approximately 6,331 square foot lot. 1120 Myra Ave was first listed on ArdentRealEstateGroup.com on April 4, 2022. The homeowner sold the property for $1,150,000. 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 23.81% higher than the current median priced home. Local homes that are currently for sale include 5228 De Longpre Ave, 2154 Santa Ynez St and 4500 Gilbert Pl. While the average home in Los Angeles, CA is selling in 99 days, 1120 Myra Ave has a days on market of 14 days. 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 1120 Myra Ave 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 1120 Myra Ave

Public county record property details
Beds
8
Baths
6
Year built
1953
Sq. Ft.
3,688
Lot Size
6,330
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
123,125
APN
5429-002-014

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
$1,022,990
Median List Price/Sq.Ft.
$740
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$759
Total Inventory
31
Median Sale to List Price %
98.15%
Avg Days on Market
47
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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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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