1178 Buelah Ave, Los Angeles, CA 90063
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1178 Buelah Ave Los Angeles, CA 90063

$929,000
  • 6 Beds
  • 3 Baths
  • 2,384 Sq.Ft.
For Sale
$929,000 Get Pre-Qualified

Map preview of 1178 Buelah Ave, Los Angeles, CA 90063

Property Overview: 1178 Buelah Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,384 living square feet and 5,313 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: Welcome to a rare investment gem located in a thriving market of Buelah Circle! This multi-unit triplex, boasting a generous 2,274 sq ft of living space on a 5,313 sq ft lot, presents an exceptional opportunity for savvy investors seeking both immediate rental income and long-term appreciation. Property Highlights: Unit 1: A spacious 3-bedroom, 1-bath unit, ideal for families, a comfortable layout with ample living space. Unit 2: Another 3-bedroom, 1-bath unit featuring newer construction and an additional 540 sq ft of living space. Unit 3/bonus room: A versatile studio with a kitchenette and bathroom. Investment Potential: multiple income streams and low maintenance costs. This triplex offers an unbeatable combination of location, modern amenities, and strong rental potential. Contact us today for showing availability!

Listed by Steve Julian | BRE #01909119 | Real Brokerage Technologies, Inc.
Co-listed by Sandra Leon | BRE #01977632 | Real Brokerage Technologies, Inc.
Last checked: 6 minutes ago | Last updated: September 7th, 2024 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
5,313
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Duplex
Status
Active
MLS#
SR24134455
City
Los Angeles
County
Los Angeles
Time on Site
75 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $826
  • Total Rent: $826
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,312
  • Net Operating Income: $69,012
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,300
  • Electric: $0
  • Gas/Fuel: $1,200
  • New Taxes: $12,375
  • Trash: $0
  • Insurance: $600
  • Water/Sewer: $3,100

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Property Details for 1178 Buelah Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Bonus Room, Family Room, Kitchen
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5227012010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 101 S, 134, exit Glendale Fwy S & merge, exit I-5 twrds L.A., exit Riverside Dr, left 5 S, exit I-10 E & merge, exit City Ter Dr, left City Terrace Dr, right N Hazard Ave, right Dobinson St, right Geraghty Ave, right Buelah Dr, destination left.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Foothills, Hiking, Park
View more facts & features

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Sale History for 1178 Buelah Ave

Last sold for $363,000 on February 14th, 2007
  • July, 2024

  • Jul 2, 2024

    Date

    Active

    CRMLS: SR24134455

    $949,000

    Price

  • June, 2024

  • Jun 28, 2024

    Date

    Canceled

    CRMLS: SR24105058

    $990,000

    Price

  • May 28, 2024

    Date

    Active

    CRMLS: SR24105058

    $990,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2007

  • Feb 14, 2007

    Date

    Sold (Public Records)

    Public Records

    $363,000

    Price

  • January, 2004

  • Jan 23, 2004

    Date

    Sold (Public Records)

    Public Records

    $199,000

    Price

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Tax History for 1178 Buelah Ave

Assessed Value (2020): $511,042
Year Land Value Improved Value Assessed Value
2020 $322,189 $188,853 $511,042

Home Value Compared to the Market

This property vs the competition

1178 Buelah Ave is listed 22.58% lower 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 $766 and this home is listed at $389.68 per/sqft which puts the price per square foot 49.13% lower than the median price per square foot for the city of Los Angeles.

About 1178 Buelah Ave

Detailed summary of property

1178 Buelah Ave is a duplex located in Los Angeles, CA 90063 and is currently for sale. This duplex offers 6 bedrooms, 3 bathrooms, roughly 2,384 living square feet, and sits on an approximately 5,313 square foot lot. 1178 Buelah Ave was first listed on ArdentRealEstateGroup.com on July 2, 2024. The homeowner is currently asking $929,000 and was originally asking $949,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 22.58% lower than the median priced home. Local competing homes currently for sale include 1365 Helen Dr, 923 N Alma Ave and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 104 days, 1178 Buelah Ave has a days on market of 75 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 1178 Buelah 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 1178 Buelah Ave

Public county record property details
Beds
3
Baths
3
Year built
1926
Sq. Ft.
1,734
Lot Size
5,312
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
585
APN
5227-012-010

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
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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.