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116 W 45th St, Los Angeles, CA 90037
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116 W 45th St Los Angeles, CA 90037

$633,000 Sold Price as of 04/17/2020
  • 6 Beds
  • 5 Baths
  • 3,604 Sq.Ft.
Sold
$633,000 Sold Price as of 04/17/2020 Refinance Your Mortgage
Map preview of 116 W 45th St, Los Angeles, CA 90037

Property Overview: 116 W 45th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,604 living square feet and 5,185 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Multifamily Investment Opportunity in the heart of Los Angels. Close to DTLA , this popular area continues to develop and evolve. With a unit mix of 3 Large 1 bed / 1 bath units and one Large 3 bed/ 2 bath. This great property presents good long term tenants & upside rental potential. Ideally suited for an investor looking for excellent rental income. Beautifully upgraded windows and fresh paint! It's a great cash flowing, hassle free investment.

Listed by Sonia Fernandez | BRE #01824628 | Advantage Realty Group
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 116

Home details

Lot Sq. Ft
5,185
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19260932
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,596
  • Total Rent: $1,596
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $859
  • Total Rent: $859
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $942
  • Total Rent: $942
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,276
  • Net Operating Income: $34,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,288
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,488
  • Trash: $2,400
  • Insurance: $2,000
  • Water/Sewer: $2,400

Property Details for 116 W 45th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5110006001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Vernon and Main
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 116 W 45th St

Last sold for $633,000 on April 17th, 2020

  • April, 2020

  • Apr 17, 2020

    Date

    Sold

    CRMLS: PW19260932

    $633,000

    Price

  • Apr 13, 2020

    Date

    Pending

    CRMLS: PW19260932

    $629,999

    Price

  • Apr 13, 2020

    Date

    Active

    CRMLS: PW19260932

    $629,999

    Price

  • Apr 9, 2020

    Date

    Pending

    CRMLS: PW19260932

    $629,999

    Price

  • Apr 7, 2020

    Date

    Active

    CRMLS: PW19260932

    $629,999

    Price

  • Mar 17, 2020

    Date

    Pending

    CRMLS: PW19260932

    $629,999

    Price

  • Feb 13, 2020

    Date

    Active Under Contract

    CRMLS: PW19260932

    $629,999

    Price

  • Feb 4, 2020

    Date

    Price Change

    CRMLS: PW19260932

    $629,999

    Price

  • Feb 3, 2020

    Date

    Active

    CRMLS: PW19260932

    $649,990

    Price

  • Jan 5, 2020

    Date

    Hold

    CRMLS: PW19260932

    $649,990

    Price

  • Dec 6, 2019

    Date

    Price Change

    CRMLS: PW19260932

    $649,990

    Price

  • Nov 22, 2019

    Date

    Active

    CRMLS: PW19260932

    $670,000

    Price

  • Nov 14, 2019

    Date

    Active Under Contract

    CRMLS: PW19260932

    $670,000

    Price

  • Nov 9, 2019

    Date

    Active

    CRMLS: PW19260932

    $670,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $633,000

    Price

  • September, 2019

  • Sep 19, 2019

    Date

    Sold

    CRMLS: DW17276905

    $500,000

    Price

  • Apr 2, 2019

    Date

    Pending

    CRMLS: DW17276905

    $599,000

    Price

  • Jun 7, 2018

    Date

    Active

    CRMLS: DW17276905

    $599,000

    Price

  • Jun 7, 2018

    Date

    Expired

    CRMLS: DW17276905

    $599,000

    Price

  • Jun 6, 2018

    Date

    Active

    CRMLS: DW17276905

    $599,000

    Price

  • Apr 4, 2018

    Date

    Pending

    CRMLS: DW17276905

    $599,000

    Price

  • Dec 18, 2017

    Date

    Active

    CRMLS: DW17276905

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Four units just South of Downtown Los Angeles.

  • September, 2019

  • Sep 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 116 W 45th St

Assessed Value (2020): $610,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $210,000 $610,000

Home Value Compared to the Market

This property vs the competition

116 W 45th St sold on April 17, 2020 for 47.06% lower 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 $174.81 per/sqft which puts the price per square foot 76.85% lower than the current median sale per square foot for the city of Los Angeles.

About 116 W 45th St

Detailed summary of property

116 W 45th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,604 living square feet, and sits on an approximately 5,185 square foot lot. 116 W 45th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $633,000. 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 47.06% lower than the current median priced home. Local homes that are currently for sale include 710 W 55th St, 907 E 50th St and 4918 Wadsworth Ave. While the average home in Los Angeles, CA is selling in 93 days, 116 W 45th St has a days on market of 116 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 116 W 45th St 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 116 W 45th St

Public county record property details
Beds
3
Baths
4
Year built
1914
Sq. Ft.
3,604
Lot Size
5,205
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5110-006-001

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
$749,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 116 W 45th St

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Recently Sold Homes Near 116 W 45th St

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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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