1201 S La Cienega Blvd, Los Angeles, CA 90035
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1201 S La Cienega Blvd Los Angeles, CA 90035

$2,750,000 Sold Price as of 10/14/2021
  • 9 Beds
  • 8 Baths
  • 6,604 Sq.Ft.
Sold
$2,750,000 Sold Price as of 10/14/2021 Refinance Your Mortgage

Map preview of 1201 S La Cienega Blvd, Los Angeles, CA 90035

Property Overview: 1201 S La Cienega Blvd Los Angeles, CA has 9 bedrooms, 8 bathrooms, 6,604 living square feet and 7,031 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Miracle Mile eightplex with a front commercial unit. Desirable area near Beverly Hills. Also billboard income of $1,600 per month. Also for sale as a 6 building portfolio for $12,820,000 along with 1000 & 1006 Croft, 5734 & 5740 Fountain and 1236 S Cloverdale. Buyer to co-operate in a 1031 exchange.

Listed by Larry Bovshow | BRE #00768672 | Trust Properties USA,Inc
Co-listed by Paul Hargraves | BRE #01122415 | Trust Properties USA,Inc
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
7,031
HOA Dues
$0/mo
Year built
1939
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
SR21136644
City
Los Angeles
County
Los Angeles
Time on Site
1052 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 9
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,875
  • Total Rent: $8,875
  • Pro Forma/Market Rent: $13,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $224,340
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1201 S La Cienega Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 4332028024
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Olympic Blvd.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1201 S La Cienega Blvd

Last sold for $2,750,000 on October 14th, 2021
  • September, 2021

  • Sep 14, 2021

    Date

    Hold

    CRMLS: SR21136644

    $2,750,000

    Price

  • Sep 11, 2021

    Date

    Active

    CRMLS: SR21136644

    $2,750,000

    Price

  • Sep 10, 2021

    Date

    Hold

    CRMLS: SR21136644

    $2,750,000

    Price

  • Sep 10, 2021

    Date

    Active

    CRMLS: SR21136644

    $2,750,000

    Price

  • Sep 9, 2021

    Date

    Hold

    CRMLS: SR21136644

    $2,750,000

    Price

  • Jul 26, 2021

    Date

    Pending

    CRMLS: SR21136644

    $2,750,000

    Price

  • Jul 7, 2021

    Date

    Hold

    CRMLS: SR21136644

    $2,750,000

    Price

  • Jun 23, 2021

    Date

    Active

    CRMLS: SR21136644

    $2,750,000

    Price

Tax History for 1201 S La Cienega Blvd

Assessed Value (2020): $1,697,932
Year Land Value Improved Value Assessed Value
2020 $1,379,570 $318,362 $1,697,932

Home Value Compared to the Market

This property vs the competition

1201 S La Cienega Blvd sold on October 14, 2021 for 131.09% 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 $416.41 per/sqft which puts the price per square foot 44.85% lower than the current median sale per square foot for the city of Los Angeles.

About 1201 S La Cienega Blvd

Detailed summary of property

1201 S La Cienega Blvd is a apartment that recently sold in Los Angeles, CA 90035. This apartment offered 9 bedrooms, 8 bathrooms, roughly 6,604 living square feet, and sits on an approximately 7,031 square foot lot. 1201 S La Cienega Blvd was first listed on ArdentRealEstateGroup.com on June 23, 2021. The homeowner sold the property for $2,750,000. 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 131.09% higher than the current median priced home. Local homes that are currently for sale include 2621 Chariton St, 2625 Chariton and 6018 Comey Ave. While the average home in Los Angeles, CA is selling in 93 days, 1201 S La Cienega Blvd has a days on market of 17 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 1201 S La Cienega Blvd Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1201 S La Cienega Blvd

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
6,604
Lot Size
7,015
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
4332-028-024

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
56
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 1201 S La Cienega Blvd

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.