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1206 W 62nd St, Los Angeles, CA 90044
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1206 W 62nd St Los Angeles, CA 90044

$600,000 Sold Price as of 02/21/2020
  • 3 Beds
  • 3 Baths
  • 1,967 Sq.Ft.
Sold
$600,000 Sold Price as of 02/21/2020 Refinance Your Mortgage
Map preview of 1206 W 62nd St, Los Angeles, CA 90044

Property Overview: 1206 W 62nd St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,967 living square feet and 6,727 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex in the heart of Los Angeles. This property features 3 units that are 1 Bedroom 1 Bath each. It is located only minutes away from USC, Downtown Los Angeles, excellent shopping areas and walking distance to public transportation. All units have been remodeled in the last 5 years. Very good tenants in all three units with very good rents. This property sits on a large lot for a potential investor to built new units. Property is within walking distance of public transportation and has easy access to major freeways. Each unit has it's own laundry area and washer and dryer. Seller is very motivated.

Listed by CYNTHIA RODRIGUEZ | BRE #01328324 | CITY LIGHTS REALTY
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 169

Home details

Lot Sq. Ft
6,727
HOA Dues
$0/mo
Year built
1924
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB19194453
City
Los Angeles
County
Los Angeles
Time on Site
1203 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,079
  • Total Rent: $1,079
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,375
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,548
  • Net Operating Income: $31,713
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,835
  • Electric: $300
  • Licenses: $120
  • New Taxes: $7,500
  • Trash: $375
  • Gardener: $600
  • Insurance: $1,500
  • Water/Sewer: $1,440

Property Details for 1206 W 62nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6003028011
  • Year Built Source: Public Records
  • Architectural Style: Ranch
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 110 fwy to gage avenue left on 62nd
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1206 W 62nd St

Last sold for $600,000 on February 21st, 2020

  • February, 2020

  • Feb 21, 2020

    Date

    Sold

    CRMLS: MB19194453

    $600,000

    Price

  • Jan 30, 2020

    Date

    Pending

    CRMLS: MB19194453

    $600,000

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: MB19194453

    $600,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • August, 2019

  • Aug 14, 2019

    Date

    Canceled

    CRMLS: DW19185514

    $600,000

    Price

  • Aug 4, 2019

    Date

    Active

    CRMLS: DW19185514

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Buyers Investors 3 Unit 1 bed 1 bath each located in a prime area of Loa Angeles. Minutes away from Downtown LA, USC, Easy access to 10 and 101 fwy's . Walking distance to public transportation. Units are occupied with good tenants and great rents. For Investors Property is a R2 lot big enough to built brand new units.

  • May, 2014

  • May 20, 2014

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

Show More

Tax History for 1206 W 62nd St

Assessed Value (2020): $392,308
Year Land Value Improved Value Assessed Value
2020 $280,221 $112,087 $392,308

Home Value Compared to the Market

This property vs the competition

1206 W 62nd St sold on February 21, 2020 for 42.86% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $305.03 per/sqft which puts the price per square foot 58.67% lower than the current median sale per square foot for the city of Los Angeles.

About 1206 W 62nd St

Detailed summary of property

1206 W 62nd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,967 living square feet, and sits on an approximately 6,727 square foot lot. 1206 W 62nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $600,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.86% lower than the current median priced home. Local homes that are currently for sale include 700 W 53rd St, 1507 W 51St St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 96 days, 1206 W 62nd St has a days on market of 169 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1206 W 62nd St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1206 W 62nd St

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
1,967
Lot Size
6,726
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
239
APN
6003-028-011

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,500
Median List Price/Sq.Ft.
$516
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
80
Median Sale to List Price %
100%
Avg Days on Market
51
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (7.14%), Other (14.29%)

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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