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1218 Elden Ave, Los Angeles, CA 90006
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1218 Elden Ave Los Angeles, CA 90006

$1,192,000 Sold Price as of 06/10/2022
  • 5 Beds
  • 3 Baths
  • 2,748 Sq.Ft.
Sold
$1,192,000 Sold Price as of 06/10/2022 Refinance Your Mortgage
Map preview of 1218 Elden Ave, Los Angeles, CA 90006

Property Overview: 1218 Elden Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,748 living square feet and 6,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Development opportunity to build multiple units in an "Opportunity Zone". R31 zoning - TOC Tier 2. 7000 square feet lot. One unit to be delivered vacant. This is the top unit that is 3 bedrooms and 2 baths and is completely updated.

Listed by Catherine Shakib Kamran | BRE #01216928 | Compass
Last checked: 14 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,999
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22138967
City
Los Angeles
County
Los Angeles
Time on Site
904 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: --
  • Net Operating Income: $59,500
  • Gross Operating Income: $78,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $14,400
  • Gardener: $1,200
  • Insurance: $1,400
  • Maintenance: $1,500

Property Details for 1218 Elden Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Gas Cooktop, Oven
Interior Features
  • Ceiling Fan(s)
  • Security Features: Smoke Detector(s), Gated Community, Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5076017004
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Vermont, North of Pico, West of Hoover
View more facts & features

Local Los Angeles Agent

Sale History for 1218 Elden Ave

Last sold for $1,192,000 on June 10th, 2022

  • June, 2022

  • Jun 10, 2022

    Date

    Sold

    CRMLS: 22138967

    $1,192,000

    Price

  • May 20, 2022

    Date

    Active

    CRMLS: 22138967

    $1,200,000

    Price

  • October, 2011

  • Oct 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

  • December, 2008

  • Dec 12, 2008

    Date

    Sold (Public Records)

    Public Records

    $424,000

    Price

Show More

Tax History for 1218 Elden Ave

Assessed Value (2020): $488,106
Year Land Value Improved Value Assessed Value
2020 $344,548 $143,558 $488,106

Home Value Compared to the Market

This property vs the competition

1218 Elden Ave sold on June 10, 2022 for 7.14% 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 $436.68 per/sqft which puts the price per square foot 39.68% lower than the current median sale per square foot for the city of Los Angeles.

About 1218 Elden Ave

Detailed summary of property

1218 Elden Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,748 living square feet, and sits on an approximately 6,999 square foot lot. 1218 Elden Ave was first listed on ArdentRealEstateGroup.com on March 30, 2022. The homeowner sold the property for $1,192,000. 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 7.14% higher than the current median priced home. Local homes that are currently for sale include 1501 S Ardmore Ave, 1662 S Harvard Blvd and 1689 W 24th St. While the average home in Los Angeles, CA is selling in 106 days, 1218 Elden Ave has a days on market of 3 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 1218 Elden 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 1218 Elden Ave

Public county record property details
Beds
5
Baths
2
Year built
1907
Sq. Ft.
2,748
Lot Size
6,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
38
APN
5076-017-004

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%)

Thinking of Selling?

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(714) 706-1823

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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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