1212 N Gower St #300, Los Angeles, CA 90038
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1212 N Gower St #300 Los Angeles, CA 90038

$7,105,000 Sold Price as of 06/14/2022
  • 30 Beds
  • 30 Baths
  • 19,470 Sq.Ft.
Sold
$7,105,000 Sold Price as of 06/14/2022 Refinance Your Mortgage

Map preview of 1212 N Gower St #300, Los Angeles, CA 90038

Property Overview: 1212 N Gower St #300 Los Angeles, CA has 30 bedrooms, 30 bathrooms, 19,470 living square feet and 12,209 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Michael Sterman | BRE #01911703 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: June 14th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
12,209
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22152495
City
Los Angeles
County
Los Angeles
Time on Site
738 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,007
  • Total Rent: $12,042
  • Pro Forma/Market Rent: $15,600
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,459
  • Total Rent: $19,675
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,655
  • Total Rent: $3,310
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.58
  • Gross Scheduled Income: --
  • Net Operating Income: $253,053
  • Gross Operating Income: $440,724
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1212 N Gower St #300

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 16
  • Parcel Number: 5534015026
Location / Neighborhood
Location Information
  • Directions: On Gower between Fountain and Lexington
View more facts & features

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Sale History for 1212 N Gower St #300

Last sold for $7,105,000 on June 14th, 2022
  • June, 2022

  • Jun 14, 2022

    Date

    Sold

    CRMLS: 22152495

    $7,105,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: 22152495

    $7,750,000

    Price

  • April, 2015

  • Apr 1, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • April, 2015

  • Apr 1, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1212 N Gower St #300

Assessed Value (2020): $3,143,057
Year Land Value Improved Value Assessed Value
2020 $1,828,809 $1,314,248 $3,143,057

Home Value Compared to the Market

This property vs the competition

1212 N Gower St #300 sold on June 14, 2022 for 551.26% 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 $398.05 per/sqft which puts the price per square foot 47.28% lower than the current median sale per square foot for the city of Los Angeles.

About 1212 N Gower St #300

Detailed summary of property

1212 N Gower St #300 is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 30 bedrooms, 30 bathrooms, roughly 19,470 living square feet, and sits on an approximately 12,209 square foot lot. 1212 N Gower St #300 was first listed on ArdentRealEstateGroup.com on May 3, 2022. The homeowner sold the property for $7,105,000. 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 551.26% higher than the current median priced home. Local homes that are currently for sale include 526 W 47th St, 10275 Missouri Ave and 3704 Glendon Ave. 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 1212 N Gower St #300 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 1212 N Gower St #300

Public county record property details
Beds
--
Baths
--
Year built
1989
Sq. Ft.
15,500
Lot Size
12,209
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
351,352
APN
5534-015-026

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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Related Resources to 1212 N Gower St #300

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.