11727 Ohio Ave, Los Angeles, CA 90025
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11727 Ohio Ave Los Angeles, CA 90025

$3,295,000
  • 70 Beds
  • 71 Baths
  • 7,697 Sq.Ft.
For Sale
$3,295,000 Get Pre-Qualified

Map preview of 11727 Ohio Ave, Los Angeles, CA 90025

Property Overview: 11727 Ohio Ave Los Angeles, CA has 70 bedrooms, 71 bathrooms, 7,697 living square feet and 7,736 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.

Listed by Orlando Cruz | BRE #01051110 | Brightstone Estate Properties
Last checked: 48 seconds ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 30
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Home details

Lot Sq. Ft
7,736
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
SR24117207
City
Los Angeles
County
Los Angeles
Time on Site
30 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,745
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,513
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,737
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,906
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,726
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,875
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,156
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,850
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 9
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,334
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $263,340
  • Net Operating Income: $166,490
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $96,850

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Property Details for 11727 Ohio Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Community
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Wrought Iron
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 9
  • Parcel Number: 4263021010
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: N Santa Monica Blvd W Barrington
View more facts & features

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Sale History for 11727 Ohio Ave

Last sold on November 25th, 2014
  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: SR24117207

    $3,295,000

    Price

  • November, 2014

  • Nov 25, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2003

  • Aug 14, 2003

    Date

    Sold (Public Records)

    Public Records

    $1,425,000

    Price

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Tax History for 11727 Ohio Ave

Assessed Value (2020): $2,822,528
Year Land Value Improved Value Assessed Value
2020 $1,723,135 $1,099,393 $2,822,528

Home Value Compared to the Market

This property vs the competition

11727 Ohio Ave is listed 174.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $428.09 per/sqft which puts the price per square foot 44.62% lower than the median price per square foot for the city of Los Angeles.

About 11727 Ohio Ave

Detailed summary of property

11727 Ohio Ave is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 70 bedrooms, 71 bathrooms, roughly 7,697 living square feet, and sits on an approximately 7,736 square foot lot. 11727 Ohio Ave was first listed on ArdentRealEstateGroup.com on June 18, 2024. The homeowner is currently asking $3,295,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 174.58% higher than the median priced home. Local competing homes currently for sale include 1183 Crenshaw Blvd, 1518 S Gramercy Pl and 4401 Beverly Blvd. While the average home in Los Angeles, CA is selling in 101 days, 11727 Ohio Ave has a days on market of 30 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 11727 Ohio 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 11727 Ohio Ave

Public county record property details
Beds
12
Baths
13
Year built
1961
Sq. Ft.
7,697
Lot Size
7,733
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4263-021-010

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
$1,225,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$743
Total Inventory
119
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%)

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Related Resources to 11727 Ohio Ave

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.