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1147 Sanborn Ave, Los Angeles, CA 90029
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1147 Sanborn Ave Los Angeles, CA 90029

$900,000 Sold Price as of 05/30/2019
  • 3 Beds
  • 2 Baths
  • 1,682 Sq.Ft.
Sold
$900,000 Sold Price as of 05/30/2019 Refinance Your Mortgage
Map preview of 1147 Sanborn Ave, Los Angeles, CA 90029

Property Overview: 1147 Sanborn Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,682 living square feet and 4,994 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Location! Located only half a block from the heart of one of the hippest area of Sunset Junction in Silver Lake. Walking distance to many of the trendy restaurants/coffee shops, retail shops, farmer's market and other hot attractions that Silver Lake has to offer. This is an awesome Duplex with One 2 Bed-1 Bath & One 1 Bed -1 Bath Also has an onsite separate Laundry Room and a nice front yard and a expansive backyard with fruit trees. There are 2 Garage Spaces and enough parking for 4 cars (2 car tandem) in the back. Separately metered for electric/gas for each unit. Zoning is LARD2. This is a Must See and the Property will not last! Seller's Broker/Listing Agent and Seller do not make any representation or guarantee relating to the Property including but not limited to accuracy of the square footage, bedroom/bathroom count, lot sizes or lines, dimensions un-permitted or permitted spaces. This Property is subject to LA Rent Stabilization Ordinance. Both units are tenant occupied, the tenants at 1147 Sanborn have lived there since August 15, 2017 and the tenant at 1149 Sanborn he has lived there since February 1, 2015. Buyer is responsible for independently verifying the accuracy of all information regarding the Property. Listing Agent is a Manager of the Seller and he is also related to the principal of the Seller. Property sold in its "As-Is" condition.

Listed by John Kim | BRE #01854003 | JYK Commercial Realty, Inc.
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
4,994
HOA Dues
$0/mo
Year built
1912
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19068603
City
Los Angeles
County
Los Angeles
Time on Site
1236 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,149
  • Total Rent: $2,149
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,042
  • Total Rent: $2,042
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,296
  • Net Operating Income: $35,650
  • Gross Operating Income: $50,296
Annual Expense Breakdown
  • Total Operating Expense: $14,646
  • Licenses: $136
  • New Taxes: $10,777
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,106
  • Maintenance: $980
  • Water/Sewer: $1,167

Property Details for 1147 Sanborn Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Washer Included
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 5429010017
  • 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: Unknown
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1147 Sanborn Ave

Last sold for $900,000 on May 30th, 2019

  • May, 2019

  • May 30, 2019

    Date

    Sold

    CRMLS: OC19068603

    $900,000

    Price

  • May 11, 2019

    Date

    Pending

    CRMLS: OC19068603

    $929,000

    Price

  • Apr 18, 2019

    Date

    Price Change

    CRMLS: OC19068603

    $929,000

    Price

  • Apr 18, 2019

    Date

    Price Change

    CRMLS: OC19068603

    $950,000

    Price

  • Apr 10, 2019

    Date

    Price Change

    CRMLS: OC19068603

    $979,000

    Price

  • Mar 29, 2019

    Date

    Active

    CRMLS: OC19068603

    $999,000

    Price

  • May, 2019

  • May 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • December, 2017

  • Dec 20, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1147 Sanborn Ave

Assessed Value (2020): $918,000
Year Land Value Improved Value Assessed Value
2020 $714,000 $204,000 $918,000

Home Value Compared to the Market

This property vs the competition

1147 Sanborn Ave sold on May 30, 2019 for 17.79% 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 $552.32 per/sqft which puts the price per square foot 26.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1147 Sanborn Ave

Detailed summary of property

1147 Sanborn Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,682 living square feet, and sits on an approximately 4,994 square foot lot. 1147 Sanborn Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 17.79% lower than the current median priced home. Local homes that are currently for sale include 1525 Cortez St, 4843 Rosewood Ave and 2803 Denby Ave. While the average home in Los Angeles, CA is selling in 94 days, 1147 Sanborn Ave has a days on market of 43 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 1147 Sanborn 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 1147 Sanborn Ave

Public county record property details
Beds
3
Baths
2
Year built
1912
Sq. Ft.
1,682
Lot Size
4,994
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
170
APN
5429-010-017

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
$1,199,000
Median List Price/Sq.Ft.
$759
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$759
Total Inventory
35
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%)

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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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