1200 S Westmoreland Ave, Los Angeles, CA 90006
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1200 S Westmoreland Ave Los Angeles, CA 90006

$2,000,000 Sold Price as of 10/23/2020
  • 6 Beds
  • 6 Baths
  • 5,620 Sq.Ft.
Sold
$2,000,000 Sold Price as of 10/23/2020 Refinance Your Mortgage

Map preview of 1200 S Westmoreland Ave, Los Angeles, CA 90006

Property Overview: 1200 S Westmoreland Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 5,620 living square feet and 10,823 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Marketing Package is available in the Docs folder.

Listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 14 minutes ago | Last updated: October 1st, 2022 | Source CRMLS | DOM: 248

Home details

Lot Sq. Ft
10,823
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19521938
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $8,398
  • Pro Forma/Market Rent: $10,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.83
  • Gross Scheduled Income: --
  • Net Operating Income: $46,729
  • Gross Operating Income: $95,737
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1200 S Westmoreland Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5076018013
Location / Neighborhood
Location Information
  • Directions: 1200 S Westmoreland Ave Los Angeles, CA 90006
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Sale History for 1200 S Westmoreland Ave

Last sold for $2,000,000 on October 23rd, 2020
  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: 22178659

    $5,750,000

    Price

  • Mar 31, 2022

    Date

    Active

    CRMLS: 22178659

    $5,750,000

    Price

  • Listing provided courtesy of CRMLS

    1200 - 1212 S Westmoreland Avenue with APNs: 5076-018-013 and 5076-018-014

  • October, 2020

  • Oct 26, 2020

    Date

    Sold

    CRMLS: 19521938

    $2,000,000

    Price

  • Oct 13, 2020

    Date

    Pending

    CRMLS: 19521938

    $2,200,000

    Price

  • Oct 18, 2019

    Date

    Active

    CRMLS: 19521938

    $2,200,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,000,000

    Price

  • August, 2003

  • Aug 22, 2003

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

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Tax History for 1200 S Westmoreland Ave

Assessed Value (2020): $1,056,596
Year Land Value Improved Value Assessed Value
2020 $637,274 $419,322 $1,056,596

Home Value Compared to the Market

This property vs the competition

1200 S Westmoreland Ave sold on October 23, 2020 for 96.43% 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 $391.46 per/sqft which puts the price per square foot 45.93% lower than the current median sale per square foot for the city of Los Angeles.

About 1200 S Westmoreland Ave

Detailed summary of property

1200 S Westmoreland Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 5,620 living square feet, and sits on an approximately 10,823 square foot lot. 1200 S Westmoreland Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,000,000. 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 96.43% higher than the current median priced home. Local homes that are currently for sale include 1431 W 24th St, 1862 W 20th St and 819 Beacon Ave. While the average home in Los Angeles, CA is selling in 106 days, 1200 S Westmoreland Ave has a days on market of 248 days. 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 1200 S Westmoreland Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1200 S Westmoreland Ave

Public county record property details
Beds
6
Baths
6
Year built
1939
Sq. Ft.
5,620
Lot Size
10,823
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
5076-018-013

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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Related Resources to 1200 S Westmoreland 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.