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1172 S Longwood Ave, Los Angeles, CA 90019
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1172 S Longwood Ave Los Angeles, CA 90019

$1,455,000 Sold Price as of 05/23/2019
  • 7 Beds
  • 5 Baths
  • 3,870 Sq.Ft.
Sold
$1,455,000 Sold Price as of 05/23/2019 Refinance Your Mortgage
Map preview of 1172 S Longwood Ave, Los Angeles, CA 90019

Property Overview: 1172 S Longwood Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,870 living square feet and 6,838 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCTION !!!!! Great opportunity to own this beautiful Spanish Duplex in Miracle Mile / Hancock Park area. Downstairs with 3 bedrooms and 1 bath, hardwood floors, laundry room, huge living room. Upstairs with 3 bedrooms (2 BR converted to a very large bedroom), 2 baths. Upper unit has large living room with Gorgeous Stained glass window and Century City views. Hardwood floors, New windows, kitchen with all appliances, laundry inside. 3 car garages + storage in the back, gated backyard with electric door opener. Beautiful landscaped yard and much more. This property gives u the opportunity to live in one unit and rent the other. Both units are vacant.

Listed by Reyes Mejia | BRE #01868073 | Realty Group Advisors
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
6,838
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19435530
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.78
  • Gross Scheduled Income: --
  • Net Operating Income: $60,300
  • Gross Operating Income: $90,000
  • Improvements Total: $147,550
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1172 S Longwood Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Three Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5083006031
Location / Neighborhood
Location Information
  • Directions: S. Of Olympic, E of Highland
View more facts & features

Local Los Angeles Agent

Sale History for 1172 S Longwood Ave

Last sold for $1,455,000 on May 23rd, 2019

  • May, 2019

  • May 28, 2019

    Date

    Sold

    CRMLS: 19435530

    $1,455,000

    Price

  • Apr 23, 2019

    Date

    Pending

    CRMLS: 19435530

    $1,500,000

    Price

  • Apr 12, 2019

    Date

    Price Change

    CRMLS: 19435530

    $1,500,000

    Price

  • Mar 28, 2019

    Date

    Price Change

    CRMLS: 19435530

    $1,550,000

    Price

  • Mar 11, 2019

    Date

    Active

    CRMLS: 19435530

    $1,600,000

    Price

  • Feb 28, 2019

    Date

    Pending

    CRMLS: 19435530

    $1,600,000

    Price

  • Feb 18, 2019

    Date

    Active

    CRMLS: 19435530

    $1,600,000

    Price

  • May, 2019

  • May 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,455,000

    Price

  • November, 2018

  • Nov 15, 2018

    Date

    Canceled

    CRMLS: 18365340

    $1,350,000

    Price

  • Nov 8, 2018

    Date

    Price Change

    CRMLS: 18365340

    $1,350,000

    Price

  • Oct 24, 2018

    Date

    Active

    CRMLS: 18365340

    $1,550,000

    Price

  • Sep 14, 2018

    Date

    Canceled

    CRMLS: 18365340

    $1,550,000

    Price

  • Aug 23, 2018

    Date

    Active Under Contract

    CRMLS: 18365340

    $1,550,000

    Price

  • Jul 15, 2018

    Date

    Active

    CRMLS: 18365340

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own this beautiful Spanish Duplex in Miracle Mile / Hancock Park area. Upstairs with 3 bedrooms (2 BR converted to a very large bedroom), 2 baths. Upper unit has large living room with Gorgeous Stained glass window and Century City views. Hardwood floors, New windows, kitchen with all appliances, laundry inside. 3 car garages + storage in the back, gated backyard with electric door opener. Beautiful landscaped yard and much more. Upper unit will be delivered vacant at close of escrow. ****Property sold in AS IS condition & with tenant occupied unit. Buyer to comply with all City of Los Angeles Rent Control Laws in regard to the tenant & her rights.****

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Tax History for 1172 S Longwood Ave

Assessed Value (2020): $1,484,100
Year Land Value Improved Value Assessed Value
2020 $515,100 $969,000 $1,484,100

Home Value Compared to the Market

This property vs the competition

1172 S Longwood Ave sold on May 23, 2019 for 33.93% 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 $387.6 per/sqft which puts the price per square foot 46.46% lower than the current median sale per square foot for the city of Los Angeles.

About 1172 S Longwood Ave

Detailed summary of property

1172 S Longwood Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 3,870 living square feet, and sits on an approximately 6,838 square foot lot. 1172 S Longwood Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,455,000. 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 33.93% higher than the current median priced home. Local homes that are currently for sale include 1189 Crenshaw Blvd, 1721 Crenshaw Blvd and 1516 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 106 days, 1172 S Longwood Ave has a days on market of 51 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1172 S Longwood Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1172 S Longwood Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
3,870
Lot Size
6,816
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
483
APN
5083-006-031

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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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