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1173 N Virgil Ave, Los Angeles, CA 90029
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1173 N Virgil Ave Los Angeles, CA 90029

$1,005,000 Sold Price as of 06/20/2019
  • 12 Beds
  • 6 Baths
  • 1,830 Sq.Ft.
Sold
$1,005,000 Sold Price as of 06/20/2019 Refinance Your Mortgage
Map preview of 1173 N Virgil Ave, Los Angeles, CA 90029

Property Overview: 1173 N Virgil Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 1,830 living square feet and 6,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present this well maintained Triplex in the heart of Los Angeles. These freestanding units does not share walls with anyone and has easy access from Front and Back. The long and wide driveway will accommodate 6 to 7 cars. The units are separately metered for gas and electric. Oakwood floors throughout with ceramic tiles in kitchens and bathrooms. Lots of potential with separate entrances, front and back yards and new dual pane windows on most. Close to Kaiser Hospital, Farmer's Market, fine restaurants, and retail shops. PLEASE DO NOT DISTURB TENANTSThis will be a Great opportunity to own this charming TRIPLEX.

Listed by Michelle Suh | BRE #01335563 | KORUS Real Estate
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 132

Home details

Lot Sq. Ft
6,699
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19421904
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,810
  • Total Rent: $1,866
  • Pro Forma/Market Rent: $1,866
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,805
  • Pro Forma/Market Rent: $1,805
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,730
  • Total Rent: $1,784
  • Pro Forma/Market Rent: $1,784
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.71%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $49,460
  • Gross Operating Income: $65,460
  • Improvements Total: $190,740
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1173 N Virgil Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: See Remarks
Property Information
  • Total # of Units: 3
  • Parcel Number: 5542026024
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd., South of Fountain Ave, East of Vermont
View more facts & features

Local Los Angeles Agent

Sale History for 1173 N Virgil Ave

Last sold for $1,005,000 on June 20th, 2019

  • June, 2019

  • Jun 25, 2019

    Date

    Sold

    CRMLS: 19421904

    $1,005,000

    Price

  • May 24, 2019

    Date

    Active Under Contract

    CRMLS: 19421904

    $1,050,000

    Price

  • Apr 3, 2019

    Date

    Price Change

    CRMLS: 19421904

    $1,050,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: 19421904

    $1,100,000

    Price

  • June, 2019

  • Jun 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,005,000

    Price

  • April, 2016

  • Apr 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 1173 N Virgil Ave

Assessed Value (2020): $1,025,100
Year Land Value Improved Value Assessed Value
2020 $816,000 $209,100 $1,025,100

Home Value Compared to the Market

This property vs the competition

1173 N Virgil Ave sold on June 20, 2019 for 11.76% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $573.77 per/sqft which puts the price per square foot 24% lower than the current median sale per square foot for the city of Los Angeles.

About 1173 N Virgil Ave

Detailed summary of property

1173 N Virgil Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 1,830 living square feet, and sits on an approximately 6,699 square foot lot. 1173 N Virgil Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,005,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.76% lower than the current median priced home. Local homes that are currently for sale include 971 N St Andrews Pl, 800-806 Rosemont Ave and 5415 Monroe St. While the average home in Los Angeles, CA is selling in 92 days, 1173 N Virgil Ave has a days on market of 132 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1173 N Virgil Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1173 N Virgil Ave

Public county record property details
Beds
6
Baths
3
Year built
1941
Sq. Ft.
1,830
Lot Size
6,699
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5542-026-024

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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