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1223 W 64th St, Los Angeles, CA 90044
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1223 W 64th St Los Angeles, CA 90044

$755,000 Sold Price as of 01/14/2021
  • 5 Beds
  • 3 Baths
  • 1,852 Sq.Ft.
Sold
$755,000 Sold Price as of 01/14/2021 Refinance Your Mortgage
Map preview of 1223 W 64th St, Los Angeles, CA 90044

Property Overview: 1223 W 64th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,852 living square feet and 6,864 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1223 W. 64th Street is a nice 3 unit Spanish Style investment property offering an investor and/or potential owner-occupier to acquire a steady investment in a good rental market. This fully occupied & remodeled property is comprised of three separate buildings, consisting of (2) 2 bed/1 bath, and (1) 1 bed/1bath units in the rear, with a bonus storage unit, a two car garage and long driveway for ample parking. The building was originally built in 1926 with a total size of 1,852 SF, sitting on 6,864 SF lot on a quiet street. Convenient Location near Leimert Park, USC, Exposition Park, Inglewood Football Stadium, LAX, 110 Freeway, Local Parks, and Restaurants & Shops.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 2 minutes ago | Last updated: November 6th, 2023 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
6,864
HOA Dues
$0/mo
Year built
1926
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
OC20172598
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: 12.6
  • Gross Scheduled Income: $59,460
  • Net Operating Income: $39,676
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,001
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1223 W 64th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down, Kitchen, Living Room
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Flat
  • Other Structures: Storage
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6003033020
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Between Normandie & Vermont, on 64th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1223 W 64th St

Last sold for $755,000 on January 14th, 2021

  • November, 2023

  • Nov 6, 2023

    Date

    Canceled

    CRMLS: MB23173992

    $939,000

    Price

  • Sep 16, 2023

    Date

    Active

    CRMLS: MB23173992

    $949,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all discerning buyers and investors! This is your golden opportunity to acquire an in-demand investment property in a prime location. The property is meticulously maintained and primed for immediate income generation. Additionally, there is the potential to boost property value and rental income by constructing an Accessory Dwelling Unit (ADU). Situated conveniently close to restaurants, Inglewood Stadium, LAX, USC, and numerous amenities, this is an opportunity you won't want to miss. Act now and secure your piece of real estate success!

  • January, 2021

  • Jan 14, 2021

    Date

    Sold

    CRMLS: OC20172598

    $755,000

    Price

  • Oct 27, 2020

    Date

    Pending

    CRMLS: OC20172598

    $749,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: OC20172598

    $749,000

    Price

  • January, 2021

  • Jan 14, 2021

    Date

    Sold (Public Records)

    Public Records

    $755,000

    Price

  • August, 2016

  • Aug 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $346,000

    Price

Show More

Tax History for 1223 W 64th St

Assessed Value (2020): $382,034
Year Land Value Improved Value Assessed Value
2020 $286,526 $95,508 $382,034

Home Value Compared to the Market

This property vs the competition

1223 W 64th St sold on January 14, 2021 for 37.06% lower 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 $404.43 per/sqft which puts the price per square foot 46.43% lower than the current median sale per square foot for the city of Los Angeles.

About 1223 W 64th St

Detailed summary of property

1223 W 64th St is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 5 bedrooms, 3 bathrooms, roughly 1,852 living square feet, and sits on an approximately 6,864 square foot lot. 1223 W 64th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $755,000. 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 37.06% lower than the current median priced home. Local homes that are currently for sale include 6903 Estrella Ave, 1726 W 60th St and 940 W 76th St. While the average home in Los Angeles, CA is selling in 94 days, 1223 W 64th St has a days on market of 64 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 1223 W 64th 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 1223 W 64th St

Public county record property details
Beds
5
Baths
3
Year built
1926
Sq. Ft.
1,852
Lot Size
6,864
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
293
APN
6003-033-020

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
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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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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