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11953 Rochester Ave, Los Angeles, CA 90025
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11953 Rochester Ave Los Angeles, CA 90025

$2,800,000 Sold Price as of 10/29/2021
  • 52 Beds
  • 39 Baths
  • 7,603 Sq.Ft.
Sold
$2,800,000 Sold Price as of 10/29/2021 Refinance Your Mortgage
Map preview of 11953 Rochester Ave, Los Angeles, CA 90025

Property Overview: 11953 Rochester Ave Los Angeles, CA has 52 bedrooms, 39 bathrooms, 7,603 living square feet and 6,992 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in over 60 years! Located in an area with affluent market demographics, this property has already completed the mandatory soft retrofitting. The property has the following units: 1 - 3 bedroom 2 bath; 2 - 2 bedroom 1 bath; 5 - 1 bedroom 1 bath. This 8-unit building was originally built as 9 units, and can easily be converted back. There are 7 dedicated parking spaces, a community laundry room with coin operated machines & lockers for tenants, and a community garden space and patio area. Prime West LA location about two blocks from Wilshire Blvd, and two from Santa Monica Blvd., with immediate access to major employment hubs, transportation, and close to retail and entertainment options. This property will go fast!

Listed by Rachael Rosales | BRE #01488488 | Coldwell Banker Realty
Co-listed by Julie Gardner | BRE #02114464 | Nourmand & Associates-BH
Last checked: 2 minutes ago | Last updated: January 16th, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,992
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21775826
City
Los Angeles
County
Los Angeles
Time on Site
992 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,906
  • Total Rent: $1,906
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,646
  • Total Rent: $1,646
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,583
  • Total Rent: $1,583
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,167
  • Total Rent: $1,167
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $977
  • Total Rent: $977
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,502
  • Total Rent: $1,502
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.38
  • Gross Scheduled Income: --
  • Net Operating Income: $125,024
  • Gross Operating Income: $125,024
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11953 Rochester Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community, Inside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Carport, Garage
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 4263023008
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: West of Barrington, East of Bundy, North of Santa Monica Blvd, South of Wilshire Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 11953 Rochester Ave

Last sold for $2,800,000 on October 29th, 2021

  • January, 2024

  • Jan 16, 2024

    Date

    Expired

    CRMLS: 23303977

    $4,400,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23303977

    $4,400,000

    Price

  • Listing provided courtesy of CRMLS

    11 units in the heart of prime West LA, and just adjacent to Sawtelle District, Brentwood and Westwood. With a brand-new electrical service, EQ retrofit completed, copper plumbing throughout, and the roof & sewer in great condition, this will be an easy to manage property to keep in a portfolio for many years. 5 of the 11 units have been remodeled and are getting market rents, and 2 of the remodeled units are brand new construction (ADU conversions). The 6 non-remodeled units account for approximately 140% future rental upside for the next owner to achieve. Professionally managed asset with great in-place rents and low expenses, and separate meters for gas & electricity. The property has a high walk score of an 89 as tenants can enjoy walking to all of the great bars, restaurants and stores on Wilshire/Brentwood and Sawtelle District, along with a quick walk to the Expo Line. With some of the largest Silicon Beach HQ's & Employer's being walking distance, along with an average household income of $121,179 -- this property will always attract well-qualified tenants in an always high-in-demand rental location. Plenty of on-site private/assigned parking, and an on-site communal laundry room for tenants to enjoy and bring in additional income. 3 units have their own in-unit washer & dryer. The lot is zoned LAR3 for future lot value & usage. Quick and easy access to the 405 Fwy entrance/exit, and a quick drive to UCLA. Diverse unit mix of (3) 2 Bed/1 Bath, (1) 2 Bed/1.5 Bath, (4) 1 Bed/1 Bath, (1) Studio and (2) Bachelors.

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: 22150161

    $3,950,000

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: 22150161

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present this 9 unit, value-add, multifamily asset located at 11953 Rochester Ave in West LA 90025. The property is conveniently located in the dynamic and ever expanding Sawtelle section of West Los Angeles. This is an amazingly consistent and growing rental market that is positioned perfectly right in the center of the best that Los Angeles has to offer. The building is a sprawling 7603 sf spread out over the 9 large units and sits on a 6992 sf lot that is zoned LAR3. It is strategically positioned on the corner of Rochester and Brockton with alley access and separation parallel to Brockton making it the perfect anchor in any future development assemblage. This asset also boasts an extremely profitable unit mix combining 4 large 1br + 1 ba units, 3 large 2 br + 1 ba units, a single Bachelor unit and an extra large 2 br + 1.5 ba unit. 3 of the 9 units will be delivered vacant. Additionally, there is an opportunity to build 2 ADU units (please do your own due diligence. ADU and Tenant information has been provided by the Owner. Broker does not guarantee these options.) Property is Tenant occupied. Please do not disturb the tenants. Showings with accepted offer only. Contact the Listing Agents for more information.

  • September, 2021

  • Sep 13, 2021

    Date

    Price Change

    CRMLS: 21775826

    $3,298,000

    Price

  • Sep 8, 2021

    Date

    Active Under Contract

    CRMLS: 21775826

    $3,299,000

    Price

  • Sep 4, 2021

    Date

    Price Change

    CRMLS: 21775826

    $3,299,000

    Price

  • Aug 24, 2021

    Date

    Active

    CRMLS: 21775826

    $3,700,000

    Price

  • January, 2020

  • Jan 23, 2020

    Date

    Leased

    CRMLS: 20544228

    $1,800

    Price

  • Jan 15, 2020

    Date

    Active

    CRMLS: 20544228

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    Spacious immaculate 1 bedroom apartment in small, quiet, well kept complex. Light and bright unit with extra large closets and nice size balcony. Fresh paint throughout. Community laundry room. 1 parking space included. No pets.

  • October, 2017

  • Oct 21, 2017

    Date

    Leased

    CRMLS: 17265822

    $1,850

    Price

  • Oct 18, 2017

    Date

    Price Change

    CRMLS: 17265822

    $1,850

    Price

  • Sep 26, 2017

    Date

    Price Change

    CRMLS: 17265822

    $1,950

    Price

  • Aug 30, 2017

    Date

    Active

    CRMLS: 17265822

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled 1 bedroom 1 bathroom unit in desirable location. Spacious unit with lots of storage space. Water resistant lament flooring. Cultured marble countertops in bathroom. Formica countertops in kitchen. Community laundry room. Ground level unit in small 6 unit building. Close to shops, restaurants & transportation.

  • February, 2016

  • Feb 4, 2016

    Date

    Price Change

    CRMLS: 16978259

    $1,700

    Price

  • Listing provided courtesy of CRMLS

    Spacious immaculate 1 bedroom apartment in small, quiet, well kept complex. New carpet, paint and kitchen flooring. Light and bright unit with extra large closets and nice size balcony. Community laundry room. 1 parking space included.

  • August, 2007

  • Aug 9, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2007

  • Aug 9, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11953 Rochester Ave

Assessed Value (2020): $314,480
Year Land Value Improved Value Assessed Value
2020 $134,708 $179,772 $314,480

Home Value Compared to the Market

This property vs the competition

11953 Rochester Ave sold on October 29, 2021 for 177.14% 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 $433.78 per/sqft which puts the price per square foot 42.55% lower than the current median sale per square foot for the city of Los Angeles.

About 11953 Rochester Ave

Detailed summary of property

11953 Rochester Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 52 bedrooms, 39 bathrooms, roughly 7,603 living square feet, and sits on an approximately 6,992 square foot lot. 11953 Rochester Ave was first listed on ArdentRealEstateGroup.com on August 24, 2021. The homeowner sold the property for $2,800,000. 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 177.14% higher than the current median priced home. Local homes that are currently for sale include 10772 Woodbine St, 3709 S Bentley Ave and 3344 Keystone Ave. While the average home in Los Angeles, CA is selling in 93 days, 11953 Rochester Ave has a days on market of 32 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 11953 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 11953 Rochester Ave

Public county record property details
Beds
12
Baths
10
Year built
1958
Sq. Ft.
7,603
Lot Size
6,991
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
4263-023-008

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
108
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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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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