12203 Falkirk Ln, Los Angeles, CA 90049
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12203 Falkirk Ln Los Angeles, CA 90049

$2,050,000 Sold Price as of 05/16/2023
  • 7 Beds
  • 7 Baths
  • 2,941 Sq.Ft.
Sold
$2,050,000 Sold Price as of 05/16/2023 Refinance Your Mortgage

Map preview of 12203 Falkirk Ln, Los Angeles, CA 90049

Property Overview: 12203 Falkirk Ln Los Angeles, CA has 7 bedrooms, 7 bathrooms, 2,941 living square feet and 6,960 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Could this be your Brentwood trophy property? This rare, single-level triplex, situated in a primarily single-family neighborhood represents a rare opportunity for a lucrative investment. Built in 1946, this property features two one-bedroom and one-bath units, along with one two-bedroom and two-bath unit, and a 3-car garage. The units are spacious, with a living rm, dining rm, and kitchen configuration. Each unit is equipped with laundry hook-ups and central heat to ensure maximum comfort. Occupants enjoy the proximity to popular retail shops and restaurants, offering an array of culinary and shopping options. With its prime location and unique unit mix, this triplex is a remarkable opportunity for savvy investors. Don't miss the chance to own a piece of Brentwood's coveted real estate. Schedule a viewing today.

Listed by Whit Prouty | BRE #01303275 | Compass
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,960
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23256819
City
Los Angeles
County
Los Angeles
Time on Site
407 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,324
  • Total Rent: $1,324
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 33.8
  • Gross Scheduled Income: --
  • Net Operating Income: $47,346
  • Gross Operating Income: $65,088
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 12203 Falkirk Ln

Interior Features
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • Has Fireplace
  • Living Room, Kitchen, Dining Room
Room Information
  • Flooring: Wood
Interior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 4404003007
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of San Vicente. Corner of Gretna Green Way and Falkirk Ln.
View more facts & features

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Sale History for 12203 Falkirk Ln

Last sold for $2,050,000 on May 16th, 2023
  • May, 2023

  • May 16, 2023

    Date

    Sold

    CRMLS: 23256819

    $2,050,000

    Price

  • Apr 3, 2023

    Date

    Active

    CRMLS: 23256819

    $2,200,000

    Price

  • October, 1993

  • Oct 27, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 12203 Falkirk Ln

Assessed Value (2020): $683,071
Year Land Value Improved Value Assessed Value
2020 $409,847 $273,224 $683,071

Home Value Compared to the Market

This property vs the competition

12203 Falkirk Ln sold on May 16, 2023 for 84.87% 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 $748.04 per/sqft which puts the price per square foot 0.92% lower than the current median sale per square foot for the city of Los Angeles.

About 12203 Falkirk Ln

Detailed summary of property

12203 Falkirk Ln is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 2,941 living square feet, and sits on an approximately 6,960 square foot lot. 12203 Falkirk Ln was first listed on ArdentRealEstateGroup.com on April 3, 2023. The homeowner sold the property for $2,050,000. 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 84.87% higher than the current median priced home. Local homes that are currently for sale include 1140 S Shenandoah St, 1142 S Bedford St and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 94 days, 12203 Falkirk Ln has a days on market of 21 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 12203 Falkirk Ln Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12203 Falkirk Ln

Public county record property details
Beds
4
Baths
3
Year built
1946
Sq. Ft.
2,941
Lot Size
6,960
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
4404-003-007

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,500,000
Median List Price/Sq.Ft.
$1,062
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
193
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

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Related Resources to 12203 Falkirk Ln

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.