1164 N Rowan Ave, Los Angeles, CA 90063
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1164 N Rowan Ave Los Angeles, CA 90063

$899,000 Sold Price as of 07/11/2024
  • 4 Beds
  • 2 Baths
  • 2,545 Sq.Ft.
Sold
$899,000 Sold Price as of 07/11/2024 Refinance Your Mortgage

Map preview of 1164 N Rowan Ave, Los Angeles, CA 90063

Property Overview: 1164 N Rowan Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,545 living square feet and 7,225 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two Vacant updated units! Perched on a hill in City Terrace, this welcoming 2-unit property is the perfect opportunity for those looking to live in one unit and rent out the other. Enjoy the stunning Downtown city and mountain views with high arched ceilings and, modest kitchens and baths plus a substantial backyard with fruit trees. This property features two spacious 2-bedroom, 1-bathroom units side by side. Close to USC Keck and County Hospitals. Easy access to amenities, and major highways, this property is a must-see. Ask about the Fannie Mae conventional loan for units with as little as 5% down!

Listed by Robert A Rodriguez | BRE #01939553 | Compass
Last checked: 11 minutes ago | Last updated: July 18th, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,225
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
24393993
City
Los Angeles
County
Los Angeles
Time on Site
63 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8.2%
  • Gross Rent Multiplier: 146
  • Gross Scheduled Income: --
  • Net Operating Income: $56,454
  • Gross Operating Income: $74,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1164 N Rowan Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Room Information
  • Flooring: Vinyl
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
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 Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5228027008
  • Property Condition: Updated/Remodeled, Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 10 Fwy head south on City Terrace Dr then turn left on Pomeroy St. Turn Right on Rowan. The subject property is on your left.
View more facts & features

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Sale History for 1164 N Rowan Ave

Last sold for $899,000 on July 11th, 2024
  • July, 2024

  • Jul 11, 2024

    Date

    Sold

    CRMLS: 24393993

    $899,000

    Price

  • May 20, 2024

    Date

    Active

    CRMLS: 24393993

    $899,000

    Price

  • May, 2024

  • May 2, 2024

    Date

    Canceled

    CRMLS: 23325625

    $849,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: 23325625

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Two Vacant units! Perched on a hill in City Terrace, this welcoming 2-unit property is the perfect opportunity for those looking to live in one unit and rent out the other. Enjoy the stunning Downtown city and mountain views with high arched ceilings and, modest kitchens and baths plus a substantial backyard with fruit trees. This property features two spacious 2-bedroom, 1-bathroom units side by side. Close to USC Keck and County Hospitals. Easy access to amenities, and major highways, this property is a must-see. Ask about the Fannie Mae conventional loan for units with as little as 5% down!

  • August, 2019

  • Aug 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • November, 2017

  • Nov 29, 2017

    Date

    Sold

    CRMLS: 17269766

    $400,000

    Price

  • Oct 7, 2017

    Date

    Active Under Contract

    CRMLS: 17269766

    $499,000

    Price

  • Sep 21, 2017

    Date

    Active

    CRMLS: 17269766

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB TENANTS! TENANTS UNAWARE OF SALE. NO SIGN ON PROPERTY. Fantastic opportunity to own NON-RENT CONTROL duplex in up and coming City Terrace neighborhood. Two spacious units - each two bed, one bath. Two garages, great views and large rear yard. Month to month tenants. Offer subject to interior inspection. Property will be delivered with tenants, seller will not deliver any vacant units.

  • November, 2017

  • Nov 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 1164 N Rowan Ave

Assessed Value (2020): $675,440
Year Land Value Improved Value Assessed Value
2020 $375,000 $300,440 $675,440

Home Value Compared to the Market

This property vs the competition

1164 N Rowan Ave sold on July 11, 2024 for 29.43% lower 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 $353.24 per/sqft which puts the price per square foot 55.34% lower than the current median sale per square foot for the city of Los Angeles.

About 1164 N Rowan Ave

Detailed summary of property

1164 N Rowan Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,545 living square feet, and sits on an approximately 7,225 square foot lot. 1164 N Rowan Ave was first listed on ArdentRealEstateGroup.com on May 20, 2024. The homeowner sold the property for $899,000. 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 29.43% lower than the current median priced home. Local homes that are currently for sale include 509 Camulos St, 631 S Evergreen Ave and 631 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 102 days, 1164 N Rowan Ave has a days on market of 11 days. There are currently 4091 homes for sale in the Los Angeles real estate market and 2731 of them are single family homes while 1235 of them are condos and 119 are townhomes. For more information on this home for sale at 1164 N Rowan Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1164 N Rowan Ave

Public county record property details
Beds
4
Baths
2
Year built
1927
Sq. Ft.
2,545
Lot Size
7,222
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5228-027-008

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$615,000
Median List Price/Sq.Ft.
$640
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
36
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.