1178 S Highland Ave, Los Angeles, CA 90019
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1178 S Highland Ave Los Angeles, CA 90019

$1,265,000 Sold Price as of 03/22/2021
  • 5 Beds
  • 3 Baths
  • 2,086 Sq.Ft.
Sold
$1,265,000 Sold Price as of 03/22/2021 Refinance Your Mortgage

Map preview of 1178 S Highland Ave, Los Angeles, CA 90019

Property Overview: 1178 S Highland Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,086 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Take advantage of this centrally located Duplex adjacent to Mid-Wilshire/Hancock Park on the quiet, tree-lined section of Highland Ave. It offers easy access to restaurants, shopping, entertainment, and freeways. All appliances are included and less than two years old, and the flooring has been updated throughout. The property also includes mature fruit trees, a nice front yard & back yard, and onsite parking. The Grove, Midtown Crossing, Larchmont Village, and Melrose are all within minutes. This is a great property for a savvy investor or owner-occupant looking to purchase in a prime location.

Listed by Quentin Givens | BRE #01795998 | Seeds Realty Group, Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21692476
City
Los Angeles
County
Los Angeles
Time on Site
1315 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • # of Rented Garages: 1
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1178 S Highland Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Bath, Living Room
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway - Brick, Driveway - Combination, Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5084023018
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: From 10 FWY: Labrea north to 12th Street, turn right to Highland Ave, turn left. Property will be located on your right (east side of street).
View more facts & features

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Sale History for 1178 S Highland Ave

Last sold for $1,265,000 on March 22nd, 2021
  • March, 2021

  • Mar 23, 2021

    Date

    Sold

    CRMLS: 21692476

    $1,265,000

    Price

  • Feb 12, 2021

    Date

    Active Under Contract

    CRMLS: 21692476

    $1,265,000

    Price

  • June, 2015

  • Jun 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $820,000

    Price

  • February, 2003

  • Feb 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $494,000

    Price

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Tax History for 1178 S Highland Ave

Assessed Value (2020): $901,126
Year Land Value Improved Value Assessed Value
2020 $571,446 $329,680 $901,126

Home Value Compared to the Market

This property vs the competition

1178 S Highland Ave sold on March 22, 2021 for 12.95% 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 $606.42 per/sqft which puts the price per square foot 16.24% lower than the current median sale per square foot for the city of Los Angeles.

About 1178 S Highland Ave

Detailed summary of property

1178 S Highland Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,086 living square feet, and sits on an approximately 7,500 square foot lot. 1178 S Highland Ave was first listed on ArdentRealEstateGroup.com on February 13, 2021. The homeowner sold the property for $1,265,000. 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 12.95% higher than the current median priced home. Local homes that are currently for sale include 1363 Hauser Blvd, 1632 Crenshaw Blvd and 1405 S Bronson Ave. 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 1178 S Highland 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 1178 S Highland Ave

Public county record property details
Beds
4
Baths
2
Year built
1954
Sq. Ft.
2,086
Lot Size
7,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5084-023-018

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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Related Resources to 1178 S Highland 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.