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1159 Hi Point St, Los Angeles, CA 90035
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1159 Hi Point St Los Angeles, CA 90035

$2,200,000 Sold Price as of 05/05/2022
  • 6 Beds
  • 4 Baths
  • 3,413 Sq.Ft.
Sold
$2,200,000 Sold Price as of 05/05/2022 Refinance Your Mortgage
Map preview of 1159 Hi Point St, Los Angeles, CA 90035

Property Overview: 1159 Hi Point St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,413 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1931 Spanish Revival "double decker" duplex in Carthay Square HPOZ (Burr J. Sherick, Builder). A walled entry courtyard welcomes you to this VACANT, well-appointed property. Both residences feature three bedrooms, 2 baths, formal living and dining rooms, fireplaces, breakfast nooks, stainless steel appliances, in-unit laundry, and their respective two-car garage. The lower level residence opens to an expansive living room, replete with fireplace and oversized window with views to the neighborhood that will immediately make your heart race. Access the formal dining room via an arched entry, where you'll create dinner party memories for years to come. Create a workspace in the light-filled breakfast area, or relax in the private rear patio, accessed via the primary bedroom. The second story home has a similar footprint, yet maintains early 20th century Mission-style arches, cool plastered walls, coffered and coved ceilings. Features include: new flooring, recessed lights, crown moulding, built-ins, updated bathrooms, cabinets, central HVAC, stacked laundry w|pantry. Primary bedroom features walk-in closet, shower|tub combo, French doors, private deck. Access to the light and bright upper residence is via a prominent exterior stair leading to the unit's balcony entrance. The 2nd story home has a similar footprint, yet maintains early 20th century Mission-style arches, cool plastered walls, coffered and coved ceilings. Enjoy east-facing, tree top views, as well as rear staircase access. The detached garage is perfect for storage, private vehicles, and primed for an ADU. Visitors will appreciate the area's distinctive look and feel of 1920s-30s suburban Los Angeles due to the sense of cohesion, visual harmony, and consistency of aesthetic character that the Carthay Square HPOZ embodies. Carthay's streets are consistent in character, are relatively wide in comparison with other nearby neighborhoods. This fantastic and historical asset is ready for an owner-occupant, visionary landlord, or savvy investor. Located two blocks west of Fairfax Avenue, a center of Ethiopian culture and food. Museum Row (with the Petersen Automotive Museum, Los Angeles County Museum of Art, the Academy of Motion Picture Arts & Sciences Museum, and the La Brea Tar Pits) is a few blocks northeast on Wilshire Boulevard. Ten minutes from the heart of West Hollywood, five minutes from Beverly Hills, fifteen minutes from Downtown Culver City, and twenty minutes to the beach- this property couldn't be in a more perfect location. Minutes from The Grove and Beverly Center, and a short distance to Bloom Cafe, Paper or Plastic, Versailles, Trader Joes, and more.

Listed by Carlos Castillo | BRE #01254307 | The Agency
Last checked: 13 minutes ago | Last updated: October 21st, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22130889
City
Los Angeles
County
Los Angeles
Time on Site
947 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $10,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.6
  • Gross Scheduled Income: --
  • Net Operating Income: $115,000
  • Gross Operating Income: $120,000
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1159 Hi Point St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room, Stackable
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Basement, Master Bathroom, Living Room, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Oven
Interior Features
  • Ceiling Fan(s), Cathedral Ceiling(s)
  • Levels: Multi/Split
  • Security Features: Gated Community, Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s)
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: 8
Property Information
  • Has View
  • View: Peek-A-Boo
  • Total # of Units: 2
  • Parcel Number: 5087023012
  • Foundation Details: Pillar/Post/Pier, Raised
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: W|Fairfax, S|Olympic, N|Pico, E|Crescent Heights
View more facts & features

Local Los Angeles Agent

Sale History for 1159 Hi Point St

Last sold for $2,200,000 on May 5th, 2022

  • October, 2022

  • Oct 21, 2022

    Date

    Expired

    CRMLS: 22181251

    $5,850

    Price

  • Jul 20, 2022

    Date

    Active

    CRMLS: 22181251

    $5,850

    Price

  • Listing provided courtesy of CRMLS

    Unfurnished rental at this price. Landlord is open to fully furnished at $6900 per month. Beautiful Spanish Revival upper unit of a remodeled duplex in Carthay Square HPOZ. A walled gated courtyard entry welcomes you to this well-appointed property. Three bedrooms, 2 baths, large formal living and dining room, fireplace, breakfast room, fully appointed open kitchen with stainless steel appliances, and in-unit laundry room. This second story upper unit maintains early 20th century Mission-style arches, plastered walls, coffered, and coved ceilings with updated amenities. Features include: newer flooring, crown moulding, built-ins, updated bathrooms, cabinets, central HVAC, stacked laundry w/pantry, and lots of room for storage. Primary bedroom features walk-in closet. High thread count linens, plush towels, high speed internet, large smart TV, and two separate desk/work spaces make this a great place to stay. Enjoy east-facing, tree top views from your front balcony, as well as windows faces all 4 directions. This secure compound also features a rear staircase accessed from the gated secured backyard and detached garage. The detached garage is perfect for storage and a vehicle. Lessee will have the ability to park two cars off street, and access down a narrower driveway to a large detached garage with secure access. Property is located within walking distance to a large grocery store and CVS pharmacy. Museum Row (with the Petersen Automotive Museum, Los Angeles County Museum of Art, the Academy of Motion Picture Arts & Sciences Museum, and the La Brea Tar Pits) is a few blocks northeast on Wilshire Boulevard. Ten minutes from the heart of West Hollywood, five minutes from Beverly Hills, fifteen minutes from Downtown Culver City, and twenty minutes to the beach- this property couldn't be in a more perfect location. Minutes from The Grove and Beverly Center, and a short distance to Bloom Cafe, Paper or Plastic, Versailles, Trader Joes, and more. All you need is your toothbrush. The rest is provided for you! Landlord is open to different lengths of long and short term fully furnished tenancies.

  • May, 2022

  • May 5, 2022

    Date

    Sold

    CRMLS: 22130889

    $2,200,000

    Price

  • Mar 7, 2022

    Date

    Active

    CRMLS: 22130889

    $2,050,000

    Price

  • March, 2010

  • Mar 4, 2010

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • March, 2010

  • Mar 4, 2010

    Date

    Sold

    CRMLS: 09413749

    $750,000

    Price

  • Oct 19, 2009

    Date

    Active

    CRMLS: 09413749

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own/invest in Miracle Mile!!! Spanish style duplex 2 units - 3bdr ~~~ 2ba exceptionally large rooms with fireplace in LR in each unit, 2 car garages for each unit, formal dining room, and kitchen nooks, both units needs some TLC. NO REPAIRS WILL BE MADE. Incredible potential for cash flow income. Live in one and rent the other. Buyer to verify all B4COE.

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Tax History for 1159 Hi Point St

Assessed Value (2020): $885,212
Year Land Value Improved Value Assessed Value
2020 $590,144 $295,068 $885,212

Home Value Compared to the Market

This property vs the competition

1159 Hi Point St sold on May 5, 2022 for 83.04% 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 $600.64 per/sqft which puts the price per square foot 17.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1159 Hi Point St

Detailed summary of property

1159 Hi Point St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,413 living square feet, and sits on an approximately 6,501 square foot lot. 1159 Hi Point St was first listed on ArdentRealEstateGroup.com on February 24, 2022. The homeowner sold the property for $2,200,000. 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 83.04% higher than the current median priced home. Local homes that are currently for sale include 6347 Orange St, 6216 W 6th St and 1108 S Sherbourne Dr. While the average home in Los Angeles, CA is selling in 106 days, 1159 Hi Point St has a days on market of 7 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1159 Hi Point St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1159 Hi Point St

Public county record property details
Beds
6
Baths
4
Year built
1931
Sq. Ft.
3,413
Lot Size
6,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
254
APN
5087-023-012

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,374,999
Median List Price/Sq.Ft.
$777
Median Sold Price
$1,699,500
Median Sold Price/Sq.Ft.
$747
Total Inventory
59
Median Sale to List Price %
97.17%
Avg Days on Market
30
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

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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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