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1200 Gordon St, Los Angeles, CA 90038
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1200 Gordon St Los Angeles, CA 90038

$1,020,000 Sold Price as of 01/18/2024
  • 2 Beds
  • 2 Baths
  • 2,796 Sq.Ft.
Sold
$1,020,000 Sold Price as of 01/18/2024 Refinance Your Mortgage
Map preview of 1200 Gordon St, Los Angeles, CA 90038

Property Overview: 1200 Gordon St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 2,796 living square feet and 6,505 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION!!! AMAZING INVESTMENT/DEVELOPMENT OPPORTUNITY IN HEART OF HOLLYWOOD! This corner lot is R3 zoned and has TOC Tier 2 Development Opportunity with potential to build 8 units or possibly more! (Buyer to verify). The area is extremely active with new development, continues to see strong demand, and is fueled by ongoing high economic growth. Property is located in heart of Hollywood and is surrounded with neighbors like Netflix, Viacom, Sunset Gower Studios, NBC Studios, Paramount Studios, etc. Property used to have two duplexes. One of them was damaged by fire. Currently there is one duplex remaining (approximately 1300 sq.ft.) and produces approximately $3,800/month. Unlock the full potential and build a multi unit complex with rooftop views of the Hollywood Sign!

Listed by Luda Rosenbaum | BRE #01724645 | Compass
Last checked: 9 minutes ago | Last updated: January 19th, 2024 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
6,505
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23314007
City
Los Angeles
County
Los Angeles
Time on Site
227 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $30,150
  • Gross Operating Income: $45,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $13,800
  • Insurance: $1,400
  • Other Expenses: $250

Property Details for 1200 Gordon St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Built-In
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5534011013
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Between Sunset Blvd. & Santa Monica Blvd. & Gower St. & Bronson Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1200 Gordon St

Last sold for $1,020,000 on January 18th, 2024

  • January, 2024

  • Jan 18, 2024

    Date

    Sold

    CRMLS: 23314007

    $1,020,000

    Price

  • Sep 23, 2023

    Date

    Active

    CRMLS: 23314007

    $1,225,000

    Price

  • December, 2022

  • Dec 28, 2022

    Date

    Expired

    CRMLS: FR22087261

    $1,650,000

    Price

  • Apr 28, 2022

    Date

    Active

    CRMLS: FR22087261

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION LOCATION LOCATION !!! Calling all Investors and Developers, come on down to see this gem of a property located next to: Sunset Gower Studios, Netflix tower, Emerson College, Paramount Studios, and many other Hollywood studios and attractions. Imagine developing a condo complex with a rooftop Hollywood sign view. Two silent movie era bungalows, with (2) 1 bedroom units each. Property being sold AS IS! Reasonable CASH offers considered!

  • October, 2020

  • Oct 17, 2020

    Date

    Canceled

    CRMLS: 20640150

    $1,850

    Price

  • Oct 3, 2020

    Date

    Price Change

    CRMLS: 20640150

    $1,850

    Price

  • Sep 30, 2020

    Date

    Active

    CRMLS: 20640150

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully updated one bedroom plus den in a silent movie era style duplex bungalow. Unit has hardwood floors, washer and dryer inside the unit, window ACs, small office/den and a private front patio. 1 car parking. Just finished remodeling. 1 block north of Hollywood Forever. Deposit is negotiable. Enjoy Hollywood lifestyle at an affordable price!

  • June, 2020

  • Jun 4, 2020

    Date

    Canceled

    CRMLS: 20582568

    $2,000

    Price

  • May 26, 2020

    Date

    Active

    CRMLS: 20582568

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully updated one bedroom plus den in a silent movie era style duplex bungalow. Unit has hardwood floors, washer and dryer inside the unit, window ACs, small office/den and a private front patio. 1 car parking. Just finished remodeling. 1 block north of Hollywood Forever. Deposit is negotiable. Enjoy Hollywood lifestyle at an affordable price!

  • February, 2019

  • Feb 14, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2018

  • Jan 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1200 Gordon St

Assessed Value (2020): $1,248,480
Year Land Value Improved Value Assessed Value
2020 $936,360 $312,120 $1,248,480

Home Value Compared to the Market

This property vs the competition

1200 Gordon St sold on January 18, 2024 for 7.56% 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 $393.42 per/sqft which puts the price per square foot 47.89% lower than the current median sale per square foot for the city of Los Angeles.

About 1200 Gordon St

Detailed summary of property

1200 Gordon St is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 2,796 living square feet, and sits on an approximately 6,505 square foot lot. 1200 Gordon St was first listed on ArdentRealEstateGroup.com on September 25, 2023. The homeowner sold the property for $1,020,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 4307 Clinton St, 3456 Plata St and 2733 Council St. While the average home in Los Angeles, CA is selling in 93 days, 1200 Gordon St has a days on market of 86 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 1200 Gordon St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1200 Gordon St

Public county record property details
Beds
4
Baths
4
Year built
1920
Sq. Ft.
2,796
Lot Size
6,504
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
157
APN
5534-011-013

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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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