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11900 Rochester Ave, Los Angeles, CA 90025
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11900 Rochester Ave Los Angeles, CA 90025

$1,777,040 Sold Price as of 10/19/2021
  • -- Beds
  • -- Baths
  • 500 Sq.Ft.
Sold
$1,777,040 Sold Price as of 10/19/2021 Refinance Your Mortgage
Map preview of 11900 Rochester Ave, Los Angeles, CA 90025

Property Overview: 11900 Rochester Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 500 living square feet and 7,003 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great West Los Angeles location with tremendous rent upside!

Listed by Barbara Neiman | BRE #00638638 | Compass
Co-listed by Scott Gibson | BRE #00692787 | Compass
Last checked: 3 minutes ago | Last updated: July 20th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,003
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Other
Status
Sold
MLS#
21733056
City
Los Angeles
County
Los Angeles
Time on Site
332 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $59,782
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11900 Rochester Ave

Interior Features
Heating Information
  • Has Heating
  • Baseboard
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Size Source: Owner
Property Information
  • Parcel Number: 4263031002
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 11900 Rochester Ave

Last sold for $1,777,040 on October 19th, 2021

  • July, 2023

  • Jul 20, 2023

    Date

    Expired

    CRMLS: 23234319

    $2,225,000

    Price

  • Jan 20, 2023

    Date

    Active

    CRMLS: 23234319

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    A+ locale 2 blocks South of Wilshire & only $325k/door or build the 2 ADUs and the price drops to $252k/door! Priced at nearly LAND VALUE - Compare to recently sold comps 1333 Brockton & 1721 Armacost and acquire this value add asset to your portfolio with over 70% upside in rents. Don't miss this extremely rare & unique 7-unit apartment "compound" comprised of 4 standalone buildings including a triplex with 2-1+1s and a studio unit, a duplex with a remodeled 1+den+1 and gigantic private patio (delivered vacant) and another studio unit upstairs, and 2 freestanding 1+1 bungalows! Seller is finalizing RTI plans for two (2) ADU's (~$ 4300/month add'l income) utilizing the existing 5 vacant garages thereby reducing the build out cost (~$50k/unit to finish)! PROFORMA without 2 ADUs is $154800 GOI, $105935 NOI, 4.32% CAP, or $206400 GOI, $155535 NOI, and approx 5.8% CAP with ADUs! Or, develop into an amazing condo/townhouse project on this 50'x140' [Q]R3-1 corner lot with rear alley access. Centrally located between Brentwood, Westwood, and Santa Monica in a high demand rental area, this exceptional property offers a plethora of possibilities and upside making this the perfect owner/user, developer, or 1031 exchange property. On-site laundry & NO soft story retrofit requirement. Please do not disturb tenants or walk the property.

  • March, 2022

  • Mar 1, 2022

    Date

    Expired

    CRMLS: 21106992

    $2,399,000

    Price

  • Nov 20, 2021

    Date

    Active

    CRMLS: 21106992

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

    A+ locale 2 blocks South of Wilshire & only $342k/door! Land value alone is $2.3mm - Compare to sold comps 1617 Barry, 1450 Butler, 1301 Saltair & 1747 Stoner! Don't miss this extremely rare & unique 7-unit apartment "compound" comprised of 4 standalone buildings including a triplex with 2-1+1s and a studio unit, a duplex with a 1+den+1 and gigantic private patio (delivered vacant) and another studio unit upstairs, and 2 freestanding 1+1 bungalows! Exploit tremendous value add opportunity with basic cosmetic improvements or add up to three (3) ADU's (~$ 6000/month add'l income) (check with city) utilizing the 5 vacant garages OR possibly four (4) ADU's and one (1) extra unit (~$10000/month add'l income) provided that an additional parking space can be created (check with city) for a total of up to 12 units! Or, re-imagine into the condo/townhouse complex of your dreams on this 50'x140' [Q]R3-1 corner lot with rear alley access. Centrally located between Brentwood, Westwood, and Santa Monica and amongst million dollar condos and high demand rental units, this exceptional property offers a plethora of possibilities and upside making this the perfect owner/user, developer, or 1031 exchange property. On-site laundry & NO soft story retrofit requirement. Sold "as-is" w/ no credits or repairs. Please do not disturb tenants or walk the property.

  • October, 2021

  • Oct 19, 2021

    Date

    Sold

    CRMLS: 21733056

    $1,777,040

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: 21733056

    $1,999,000

    Price

  • March, 2003

  • Mar 25, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11900 Rochester Ave

Assessed Value (2020): $179,294
Year Land Value Improved Value Assessed Value
2020 $134,708 $44,586 $179,294

Home Value Compared to the Market

This property vs the competition

11900 Rochester Ave sold on October 19, 2021 for 67.98% higher 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 $3998 per/sqft which puts the price per square foot 429.54% higher than the current median sale per square foot for the city of Los Angeles.

About 11900 Rochester Ave

Detailed summary of property

11900 Rochester Ave is a other that recently sold in Los Angeles, CA 90025. This property offered -- bedrooms, -- bathrooms, roughly 500 living square feet, and sits on an approximately 7,003 square foot lot. 11900 Rochester Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,777,040. 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 67.98% higher than the current median priced home. Local homes that are currently for sale include 4351 S Western Ave, 4913 Melrose Ave and 5022 S Western Ave. While the average home in Los Angeles, CA is selling in 96 days, 11900 Rochester Ave has a days on market of 4 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 11900 Rochester 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 11900 Rochester Ave

Public county record property details
Beds
6
Baths
7
Year built
--
Sq. Ft.
3,657
Lot Size
7,002
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
4263-031-002

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
$1,149,000
Median List Price/Sq.Ft.
$743
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
103
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

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(714) 706-1823

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Related Resources to 11900 Rochester Ave

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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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