1156 S Highland Ave, Los Angeles, CA 90019
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1156 S Highland Ave Los Angeles, CA 90019

$2,250,000 Sold Price as of 02/27/2024
  • 9 Beds
  • 9 Baths
  • 2,441 Sq.Ft.
Sold
$2,250,000 Sold Price as of 02/27/2024 Refinance Your Mortgage

Map preview of 1156 S Highland Ave, Los Angeles, CA 90019

Property Overview: 1156 S Highland Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 2,441 living square feet and 7,434 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully remodeled home with two additional units perfect for a savvy buyer looking for mortgage relief - completely vacant and beautiful! Located on a quiet tree lined street this one-of-a-kind property seamlessly blends the charm of an original California-style bungalow into three iterations all with outdoor space on this oversized lot. Whether you're a design enthusiast seeking a unique place to call home with two other units you can rent or work from or a seasoned investor looking for a low-maintenance trophy property, this is the opportunity you've been waiting for! Each unit offers completely remodeled and tastefully designed kitchens complete with dreamy bedrooms and sumptuous bathrooms with terrazzo finishes. Skylights, high ceilings, original floors and windows bring in the perfect amount of old world charm with modern functionality and an abundance of light. The front unit has a large living room with exposed beams, gourmet kitchen, and pitched ceilings. The en suite primary has access to the back yard creating fantastic flow. The middle unit offers similar vibes with larger bedrooms and over sized primary bathroom with walk in closet and access to a fully landscaped and private oasis . Lastly the ADU is tucked at the back of the lot with a full kitchen and private bedroom. All units have their own laundry, central air , and gas meters. This opportunity does not come around often as this property has been fully redone with all new systems, new roof, new tankless water heaters, new panels and fencing. ALL UNITS ARE VACANT, providing maximum flexibility to owner-occupy or maximize return on investment as a rental where you choose the tenants. Centrally located on a tree lined street one can easily access all La Brea has to offer with Trejo's Tacos at your disposal and a short drive to trendy Larchmont Village.

Listed by Alice Cannington | BRE #01957601 | The Agency
Co-listed by Malyn Dahlin | BRE #02036877 | The Agency
Last checked: 4 minutes ago | Last updated: February 28th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
7,434
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24349103
City
Los Angeles
County
Los Angeles
Time on Site
245 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.24
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1156 S Highland Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
  • Door Features: French Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Lawn, Front Yard, Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5084023014
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of San Vicente, just East of La Brea
View more facts & features

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Sale History for 1156 S Highland Ave

Last sold for $2,250,000 on February 27th, 2024
  • February, 2024

  • Feb 27, 2024

    Date

    Sold

    CRMLS: 24349103

    $2,250,000

    Price

  • Jan 18, 2024

    Date

    Active

    CRMLS: 24349103

    $2,295,000

    Price

  • December, 2023

  • Dec 9, 2023

    Date

    Canceled

    CRMLS: 23333609

    $2,395,000

    Price

  • Nov 20, 2023

    Date

    Active

    CRMLS: 23333609

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2023

  • Nov 20, 2023

    Date

    Canceled

    CRMLS: 23324905

    $2,395,000

    Price

  • Oct 24, 2023

    Date

    Active

    CRMLS: 23324905

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled and fully vacant triplex! This one-of-a-kind property seamlessly blends the charm of an original California-style bungalow into three iterations all with outdoor space on this oversized lot. Whether you're a design enthusiast seeking a unique place to call home with two other units you can rent or work from or a seasoned investor looking for a low-maintenance trophy property, this is the opportunity you've been waiting for! Each unit offers completely remodeled and tastefully designed kitchens complete with dreamy bedrooms and sumptuous bathrooms with terrazzo finishes. Skylights, high ceilings, original floors and windows bring in the perfect amount of old world charm with modern functionality and an abundance of light. The front unit has a large living room with exposed beams, gourmet kitchen, and pitched ceilings. The en suite primary has access to the back yard creating fantastic flow. The middle unit offers similar vibes with larger bedrooms and over sized primary bathroom with walk in closet and access to a fully landscaped and private oasis . Lastly the ADU is tucked at the back of the lot with a full kitchen and private bedroom. All units have their own laundry, central air , and gas meters. This opportunity does not come around often as this property has been fully redone with all new systems, new roof, new tankless water heaters, new panels and fencing. ALL UNITS ARE VACANT, providing maximum flexibility to owner-occupy or maximize return on investment as a rental where you choose the tenants. Centrally located on a tree lined street one can easily access all La Brea has to offer with Trejo's Tacos at your disposal and a short drive to trendy Larchmont Village.

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: 22162221

    $1,275,000

    Price

  • Jun 1, 2022

    Date

    Active

    CRMLS: 22162221

    $1,275,000

    Price

  • Listing provided courtesy of CRMLS

    The possibilities are endless, and the location is fabulous, on this quiet block of South Highland Ave. which is lined with flowering Crepe Myrtle trees and properties that exude pride of ownership. This cosmetic fixer one level duplex offers hardwood floors, large sunlit rooms, and great bones, therefore it's an excellent opportunity for an owner user or investor to obtain a property that is Hancock Park adjacent at a reasonable price with great upside potential. Laundry rooms could easily be converted to accommodate a 2nd bathroom, and still maintain an inside laundry. The property has a garage for each unit as well as spacious and fully fenced front and rear yards.

  • May, 2013

  • May 24, 2013

    Date

    Sold (Public Records)

    Public Records

    $3,195,031

    Price

Show More

Tax History for 1156 S Highland Ave

Assessed Value (2020): $160,989
Year Land Value Improved Value Assessed Value
2020 $72,159 $88,830 $160,989

Home Value Compared to the Market

This property vs the competition

1156 S Highland Ave sold on February 27, 2024 for 104.91% higher 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 $940.19 per/sqft which puts the price per square foot 29.86% higher than the current median sale per square foot for the city of Los Angeles.

About 1156 S Highland Ave

Detailed summary of property

1156 S Highland Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 2,441 living square feet, and sits on an approximately 7,434 square foot lot. 1156 S Highland Ave was first listed on ArdentRealEstateGroup.com on January 19, 2024. The homeowner sold the property for $2,250,000. 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 104.91% higher than the current median priced home. Local homes that are currently for sale include 1424 Meadowbrook Ave, 624 S Dunsmuir Ave and 924 S Curson Ave. While the average home in Los Angeles, CA is selling in 106 days, 1156 S Highland Ave has a days on market of 14 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 1156 S Highland Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1156 S Highland Ave

Public county record property details
Beds
4
Baths
2
Year built
1950
Sq. Ft.
2,041
Lot Size
7,431
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5084-023-014

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1156 S Highland Ave

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.