11614 Walcroft St, Lakewood, CA 90715
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11614 Walcroft St Lakewood, CA 90715

$1,199,000 Sold Price as of 07/15/2022
  • 6 Beds
  • 4.5 Baths
  • 2,880 Sq.Ft.
Sold
$1,199,000 Sold Price as of 07/15/2022 Refinance Your Mortgage

Map preview of 11614 Walcroft St, Lakewood, CA 90715

Property Overview: 11614 Walcroft St Lakewood, CA has 6 bedrooms, 4.5 bathrooms, 2,880 living square feet and 6,877 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: -Rare opportunity - Only 1 of 5 Apartment buildings Available in Lakewood in the Last 6 months -1978 Construction with Large Floor Plans -100% 2 Bed 1.5 Bath Townhomes with Private Yards & Garage Parking -Potential to Have One Unit Vacant by the Close of Escrow -Opportunity to add an ADU on site

Listed by Shane Young | BRE #01963090 | Younglewin Advisors, Inc.
Last checked: 9 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
6,877
HOA Dues
$0/mo
Year built
1978
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22095115
City
Lakewood
County
Los Angeles
Time on Site
733 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,100
  • Net Operating Income: $46,815
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $22,197
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 11614 Walcroft St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7059012019
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: .
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 11614 Walcroft St

Last sold for $1,199,000 on July 15th, 2022
  • July, 2022

  • Jul 15, 2022

    Date

    Sold

    CRMLS: PW22095115

    $1,199,000

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: PW22095115

    $1,199,000

    Price

  • March, 2006

  • Mar 24, 2006

    Date

    Sold (Public Records)

    Public Records

    $735,000

    Price

  • November, 2003

  • Nov 24, 2003

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

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Tax History for 11614 Walcroft St

Assessed Value (2020): $918,420
Year Land Value Improved Value Assessed Value
2020 $506,068 $412,352 $918,420

Home Value Compared to the Market

This property vs the competition

11614 Walcroft St sold on July 15, 2022 for 41.06% higher than the current median sold price for the city of Lakewood which is $850,000. The median sold price per/sqft for Lakewood is $596 and this home is sold at $416.32 per/sqft which puts the price per square foot 30.15% lower than the current median sale per square foot for the city of Lakewood.

About 11614 Walcroft St

Detailed summary of property

11614 Walcroft St is a multi family that recently sold in Lakewood, CA 90715. This multi family property offered 6 bedrooms, 4.5 bathrooms, roughly 2,880 living square feet, and sits on an approximately 6,877 square foot lot. 11614 Walcroft St was first listed on ArdentRealEstateGroup.com on May 6, 2022. The homeowner sold the property for $1,199,000. Home in Lakewood are selling for a median price of $850,000 and a median price per square foot of $596. Based on Ardent Real Estate Group's Lakewood Market Data, this home is sold 41.06% higher than the current median priced home. Local homes that are currently for sale include 1615 Cherry Ave, 12550-12552 Brookshire Ave and 12102 Colima Rd. While the average home in Lakewood, CA is selling in 32 days, 11614 Walcroft St has a days on market of 45 days. There are currently 91 homes for sale in the Lakewood real estate market and 86 of them are single family homes while 3 of them are condos and 2 are townhomes. For more information on this home for sale at 11614 Walcroft St Lakewood, CA 90715 contact Ardent Real Estate Group and we will put you in touch with one of our Lakewood agents.

Public Facts for 11614 Walcroft St

Public county record property details
Beds
6
Baths
6
Year built
1978
Sq. Ft.
2,880
Lot Size
6,876
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
7059-012-019

The source for these homes facts are from public records.

90715 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$796,000
Median List Price/Sq.Ft.
$716
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$554
Total Inventory
12
Median Sale to List Price %
100.13%
Avg Days on Market
30
Loan Type
Conventional (88.89%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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.