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1135 Leighton Ave Los Angeles, CA 90037

$2,200,000 Sold Price as of 08/06/2019

30 Beds
30 Baths
5,571 Sq.Ft.

Sold

$2,200,000 Sold Price as of 08/06/2019 Refinance Your Mortgage

Map preview of 1135 Leighton Ave, Los Angeles, CA 90037

Property Overview: 1135 Leighton Ave Los Angeles, CA has 30 bedrooms, 30 bathrooms, 5,571 living square feet and 6,863 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATED IN OPPORTUNITY ZONE!!! Excellent 2019 New Construction Building to add to your investment portfolio. Fourplex located in the heart of Los Angeles. 15 minute walk from University of Southern California (USC) with 44,000 students. Secure Gated Private Parking Spaces: Each unit comes with 2 tucked spots with plenty of guest parking in the rear - 8 spots. Large Open Floorplan, 10' High Ceilings, Stainless Steel Appliances, Premium Laminate Floors, Custom Cabinetry with Ample Storage, Walk-In Closets Each duplex offers 3-bed, 3 bath (est.) 1,342 SF Spacious Units in a Premium Living Complex. Separate meters for Gas and Electric. Can be sold together with 3944 Budlong, two Separate APN's.

Listed by Serena Shlomof | BRE #01986310 | Onward Capital, Inc.
Co-listed by Michael Shlomof | BRE #01961809 | Onward Capital, Inc.

Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft: 6,863
HOA Dues: $0/mo
Year built: 2019
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19467590
City: Los Angeles
County: Los Angeles
Time on Site: 1223 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,621
Total Rent: $0
Pro Forma/Market Rent: $43,452

Unit Breakdown 2

# of Units: 2
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,621
Total Rent: $0
Pro Forma/Market Rent: $43,452

Unit Breakdown 3

# of Units: 3
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,621
Total Rent: $0
Pro Forma/Market Rent: $43,452

Unit Breakdown 4

# of Units: 4
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,621
Total Rent: $0
Pro Forma/Market Rent: $43,452

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.29%
Gross Rent Multiplier: 13.28
Gross Scheduled Income: --
Net Operating Income: $117,620
Gross Operating Income: $170,200
Improvements Total: $88,975

Annual Expense Breakdown

Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 1135 Leighton Ave

Interior Features

Cooling Information

Has Cooling
Central Air

Laundry Information

Has Laundry
Electric Dryer Hookup

Room Information

Flooring: Laminate, Wood

Kitchen Information

Has Appliances
Freezer, Ice Maker, Refrigerator, Disposal, Trash Compactor, Dishwasher

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Controlled Entrance

Property Information

Total # of Units: 4
Parcel Number: 5037021027

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Utilities: Cable Available

Location / Neighborhood

Location Information

Directions: West of Vermont, South of Exposition

View more facts & features

Local Los Angeles Agent

Sale History for 1135 Leighton Ave

Last leased for $3,295 on May 24th, 2021

May, 2021
May 25, 2021

Date

Leased

CRMLS: 21685942

$3,295

Price
Feb 3, 2021

Date

Active

CRMLS: 21685942

$3,295

Price
Listing provided courtesy of CRMLS

Come live in one of our brand new luxury townhouse style units. All of our buildings are located less than a mile away from the USC campus and we are happy to provide off campus student housing. Come take a look at one or all of our brand new units! Our units are located within walking distance from, The University of Southern California, Exposition Park, Galen Center, and Los Angeles Memorial Coliseum. Great destinations such as the Staples Center, LA Live, The Music Center, and Disney Concert Hall are just minutes away. Some of our properties are directly adjacent to the EXPO LINE which allows you to commute anywhere in LA in no time! Our management team and friendly staff are available 7 days a week to help you with any maintenance issues. We understand how busy your schedule can be and we will work around your schedule to make sure your requests are handled properly. Our company offers 24 hour emergency service, easy online service request submittal and online rent payments.

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November, 2019
Nov 15, 2019

Date

Canceled

CRMLS: 19509072

$3,595

Price
Sep 10, 2019

Date

Active

CRMLS: 19509072

$3,595

Price
Listing provided courtesy of CRMLS

Come live in one of our brand new luxury townhouse style units. All of our buildings are located less than a mile away from the USC campus and we are happy to provide off campus student housing.Come take a look at one or all of our brand new units!Our units are located within walking distance from, The University of Southern California, Exposition Park, Galen Center, and Los Angeles Memorial Coliseum. Great destinations such as the Staples Center, LA Live, The Music Center, and Disney Concert Hall are just minutes away. Some of our properties are directly adjacent to the EXPO LINE which allows you to commute anywhere in LA in no time! We know how important having a secure environment is, therefore in our communities we provide our own private security patrol to monitor our properties 24 hours a day. We have security cameras around some of our properties, and some of our units are set up with a Ring security system.

Continue Reading
August, 2019
Aug 8, 2019

Date

Sold

CRMLS: 19467590

$2,200,000

Price
Jul 1, 2019

Date

Pending

CRMLS: 19467590

$2,225,000

Price
May 17, 2019

Date

Active

CRMLS: 19467590

$2,225,000

Price
August, 2019
Aug 6, 2019

Date

Sold (Public Records)

Public Records

$4,375,000

Price
May, 2019
May 17, 2019

Date

Canceled

CRMLS: 19461764

$4,450,000

Price
May 2, 2019

Date

Active

CRMLS: 19461764

$4,450,000

Price
Listing provided courtesy of CRMLS

LOCATED IN OPPORTUNITY ZONE!!! Excellent 2019 New Construction Building to add to your investment portfolio. Double Fourplex located in the heart of Los Angeles. 15 minute walk from University of Southern California (USC) with 44,000 students. Secure Gated Private Parking Spaces: Each unit comes with 2 tucked spots with plenty of guest parking in the rear - 8 spots per lot. Large Open Floorplan, 10' High Ceilings, Stainless Steel Appliances, Premium Laminate Floors, Custom Cabinetry with Ample Storage, Walk-In Closets Each duplex offers 3-bed, 3 bath (est.) 1,342 SF Spacious Units in a Premium Living Complex. Separate meters for Gas and Electric. Two Separate APN's, being sold together with 3944 Budlong.

Continue Reading
April, 2019
Apr 30, 2019

Date

Canceled

CRMLS: 19450400

$4,595,000

Price
Apr 2, 2019

Date

Active

CRMLS: 19450400

$4,595,000

Price
Listing provided courtesy of CRMLS

LOCATED IN OPPORTUNITY ZONE!!! Excellent 2019 New Construction Building to add to your investment portfolio. Double Fourplex located in the heart of Los Angeles. 15 minute walk from University of Southern California (USC) with 44,000 students. Secure Gated Private Parking Spaces: Each unit comes with 2 tucked spots with plenty of guest parking in the rear - 8 spots per lot. Large Open Floorplan, 10' High Ceilings, Stainless Steel Appliances, Premium Laminate Floors, Custom Cabinetry with Ample Storage, Walk-In Closets Each duplex offers 3-bed, 3 bath (est.) 1,342 SF Spacious Units in a Premium Living Complex. Separate meters for Gas and Electric. Two Separate APN's, being sold together with 3944 Budlong.

Continue Reading
September, 2017
Sep 29, 2017

Date

Sold

CRMLS: 17218990

$1,150,000

Price
Jun 2, 2017

Date

Pending

CRMLS: 17218990

$1,400,000

Price
Apr 7, 2017

Date

Active

CRMLS: 17218990

$1,400,000

Price
Listing provided courtesy of CRMLS

Sale price includes adjacent 2,300 SF quadruplex at 1137 Leighton Ave with actual income of $2,076/mo. with one vacant unit ($5,200/mo. projected income). Property must be sold together (quadruplex plus SFR). Total building SF = 5,300 on 13,760 SF of land. Pro forma $71,240 annual net income; 5.1% pro forma cap rate. Zoned LA RD1.5. APN 5037-021-026,027. No rent stabilization per Zimas (buyer to verify). Just 1/2 mile west of Los Angeles Coliseum, Exposition Park and USC campus. Upside potential! Total asking price = $1,400,000. Contact broker for more information.

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July, 2017
Jul 24, 2017

Date

Sold (Public Records)

Public Records

$1,150,000

Price

Tax History for 1135 Leighton Ave

Assessed Value (2020): $2,175,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,175,000	$1,000,000	$2,175,000

Home Value Compared to the Market

This property vs the competition

1135 Leighton Ave sold on August 6, 2019 for 86.97% 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 $399.39 per/sqft which puts the price per square foot 47.1% lower than the current median sale per square foot for the city of Los Angeles.

About 1135 Leighton Ave

Detailed summary of property

1135 Leighton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 30 bedrooms, 30 bathrooms, roughly 5,571 living square feet, and sits on an approximately 6,863 square foot lot. 1135 Leighton Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,200,000. 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 86.97% higher than the current median priced home. Local homes that are currently for sale include 2018 W 39th St, 324 W 51st St and 2143 Portland St. While the average home in Los Angeles, CA is selling in 92 days, 1135 Leighton Ave has a days on market of 36 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 1135 Leighton Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1135 Leighton Ave

Public county record property details

Beds: 12
Baths: 12
Year built: --
Sq. Ft.: 5,442
Lot Size: 6,863
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 5037-021-027

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$725,000

Median List Price/Sq.Ft.

$540

Median Sold Price

$667,000

Median Sold Price/Sq.Ft.

$444

Total Inventory

Median Sale to List Price %

106.72%

Avg Days on Market

Loan Type

Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(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.