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11620 Nebraska Ave, Los Angeles, CA 90025
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11620 Nebraska Ave Los Angeles, CA 90025

$3,300,000 Sold Price as of 08/08/2022
  • 9 Beds
  • 9 Baths
  • 6,118 Sq.Ft.
Sold
$3,300,000 Sold Price as of 08/08/2022 Refinance Your Mortgage
Map preview of 11620 Nebraska Ave, Los Angeles, CA 90025

Property Overview: 11620 Nebraska Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 6,118 living square feet and 7,372 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 11620 Nebraska Avenue is a vintage 1960's constructed two-story walk-up 9-unit apartment building in very good West Los Angeles location, just east of Barrington Ave at the corner of Barry Avenue and Nebraska Avenue with *** 4 vacant units ready for renovation ***. Located near all in West LA, an area that is the home for a very diverse employment base with thousands of jobs in technology, entertainment, education, finance, public sector and government. Area is incredibly walkable, with great access to major freeways, (the 10 and 405) and not far from the Expo Light Rail Line (E) Sepulveda and Bundy passenger stations. Property enjoys close proximity to Westwood and UCLA, Brentwood, Santa Monica and Beverly Hills / Century City. Soft-story retrofit work has been completed. Building can accommodate parking for 8 cars in 4 two-car garages. Income streams generated in similar buildings in this area are some of the most reliable in all of Los Angeles and more broadly, all of Southern California. We ask all interested parties to please respect the tenants privacy by not walking on the property. Full broker offer memorandum available in document section of MLS profile page. Please call listing agent for additional information.

Listed by James Gilb | BRE #00998653 | James F. Gilb
Last checked: 5 minutes ago | Last updated: August 8th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,372
HOA Dues
$0/mo
Year built
1962
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
22172389
City
Los Angeles
County
Los Angeles
Time on Site
736 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $1,470
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $910
  • Total Rent: $910
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $697
  • Total Rent: $697
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,247
  • Total Rent: $2,247
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,189
  • Total Rent: $1,189
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.92
  • Gross Scheduled Income: --
  • Net Operating Income: $114,906
  • Gross Operating Income: $169,189
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11620 Nebraska Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 9
  • Parcel Number: 4262020002
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Just east of Barrington / north of Olympic / south of Santa Monica at the corner of Nebraska Avenue and Barry Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 11620 Nebraska Ave

Last sold for $3,300,000 on August 8th, 2022

  • August, 2022

  • Aug 8, 2022

    Date

    Sold

    CRMLS: 22172389

    $3,300,000

    Price

  • Jun 27, 2022

    Date

    Active

    CRMLS: 22172389

    $3,249,000

    Price

  • October, 2001

  • Oct 31, 2001

    Date

    Sold (Public Records)

    Public Records

    $855,000

    Price

Show More

Tax History for 11620 Nebraska Ave

Assessed Value (2020): $1,155,126
Year Land Value Improved Value Assessed Value
2020 $675,397 $479,729 $1,155,126

Home Value Compared to the Market

This property vs the competition

11620 Nebraska Ave sold on August 8, 2022 for 155.02% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $531.06 per/sqft which puts the price per square foot 32.86% lower than the current median sale per square foot for the city of Los Angeles.

About 11620 Nebraska Ave

Detailed summary of property

11620 Nebraska Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 6,118 living square feet, and sits on an approximately 7,372 square foot lot. 11620 Nebraska Ave was first listed on ArdentRealEstateGroup.com on June 27, 2022. The homeowner sold the property for $3,300,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 155.02% higher than the current median priced home. Local homes that are currently for sale include 3794 Rosewood Ave, 3610 Westwood Blvd and 3631 Motor Ave. While the average home in Los Angeles, CA is selling in 100 days, 11620 Nebraska Ave has a days on market of 10 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 11620 Nebraska Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11620 Nebraska Ave

Public county record property details
Beds
9
Baths
10
Year built
1962
Sq. Ft.
6,118
Lot Size
7,372
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4262-020-002

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,248,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$743
Total Inventory
108
Median Sale to List Price %
99.6%
Avg Days on Market
31
Loan Type
Conventional (10.34%), FHA (0%), VA (0%), Cash (13.79%), Other (13.79%)

Thinking of Selling?

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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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