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1224 S Mullen Ave, Los Angeles, CA 90019
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1224 S Mullen Ave Los Angeles, CA 90019

$1,450,000 Sold Price as of 07/05/2019
  • 6 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$1,450,000 Sold Price as of 07/05/2019 Refinance Your Mortgage
Map preview of 1224 S Mullen Ave, Los Angeles, CA 90019

Property Overview: 1224 S Mullen Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, -- living square feet and 4,960 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This newly renovated Triplex in the Mid-City area presents an outstanding opportunity for investor or owner/user. The handsome building reveals 3 spacious units with high ceilings and new windows. The property consists of a Duplex (upstairs/downstairs) and a Bungalow. All units are 2 bedroom/1 bedroom. All units have AC and Laundry and all are rented. Every residence boasts separate private entrances, hardwood floors, stainless steel dishwashers, and refrigerators, washer and dryer sets, new windows and separately metered gas and electric. Fully gated with automatic gate and lighting, the property offers 6 secure parking spaces, including 2 tandem spots for each unit.

Listed by Skyler Hynes | BRE #01917448 | Coldwell Banker Residential Brokerage
Last checked: 12 minutes ago | Last updated: March 26th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
4,960
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19489590
City
Los Angeles
County
Los Angeles
Time on Site
1248 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $79,937
  • Gross Operating Income: $100,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1224 S Mullen Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 3
  • Parcel Number: 5083014022
Location / Neighborhood
Location Information
  • Directions: Between Olympic and Pico
View more facts & features

Local Los Angeles Agent

Sale History for 1224 S Mullen Ave

Last sold on June 18th, 2020

  • March, 2022

  • Mar 26, 2022

    Date

    Expired

    CRMLS: 21794948

    $2,500,000

    Price

  • Nov 5, 2021

    Date

    Active

    CRMLS: 21794948

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    This renovated Triplex in Mid-City. 3 spacious units with high ceiling windows, private entry, new floors, stainless steel dishwasher, washer and dryers and separated meters gas and electric. Fully gated with automatics gate and lighting. 6 Parking spaces ( 2 tandem per each unit). Property consist of a duplex (upstairs/downstairs) and a separate bungalow.

  • June, 2020

  • Jun 18, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Sold

    CRMLS: 19489590

    $1,450,000

    Price

  • July, 2019

  • Jul 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,450,000

    Price

  • June, 2019

  • Jun 3, 2019

    Date

    Expired

    CRMLS: 19450828

    $2,800

    Price

  • Apr 26, 2019

    Date

    Withdrawn

    CRMLS: 19450828

    $2,800

    Price

  • Apr 3, 2019

    Date

    Active

    CRMLS: 19450828

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Great Mid-city location. Just renovated 2 bedroom Bungalow with lots of light. Close to attractions, Downtown, and Beverly Hills. Be the first to reside in a recently renovated space! All brand new stainless steel appliances (Fridge, Range, Dishwasher, ), Hardwood Floors throughout. Spacious Living/Dining Room area, washer/dryer! New HVAC. Side yard. Pet-friendly. Secure off-street parking. garage. Air-Conditioned and Washer and dryer in unit. Gated property with automatic gate and parking for 2 cars. Comes with bonus shed/garage, great for art studio, playroom, or office.

  • April, 2019

  • Apr 23, 2019

    Date

    Sold

    CRMLS: 19447384

    $1,450,000

    Price

  • Mar 25, 2019

    Date

    Active

    CRMLS: 19447384

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    MUST SEE TOTALLY RENOVATED VACANT 3UNIT INCOME PROPERTY. Located 5 min to Korea Town,15 min to DTLA and 20 min to West Los Angeles. Ready to Move in Condition Now. New Exterior paint, New Auto Gate, New A/C for Each Unit, New Concrete for the driveway, New tile for entrance, New Kitchen, New counter top, New Stove and Much more... PLEASE COME AND SEE!!!

  • October, 2018

  • Oct 3, 2018

    Date

    Canceled

    CRMLS: 18385026

    --

    Price

  • Sep 12, 2018

    Date

    Active

    CRMLS: 18385026

    --

    Price

  • Sep 11, 2018

    Date

    Hold

    CRMLS: 18385026

    --

    Price

  • Listing provided courtesy of CRMLS

    Great income property at the rental desired location.

  • July, 2018

  • Jul 24, 2018

    Date

    Sold

    CRMLS: SR18105095

    $890,000

    Price

  • May 11, 2018

    Date

    Pending

    CRMLS: SR18105095

    $919,000

    Price

  • May 4, 2018

    Date

    Active

    CRMLS: SR18105095

    $919,000

    Price

  • Listing provided courtesy of CRMLS

    Mid Wilshire area, 3 unit gated building. 2 br/1 ba each. Great floorplan. Some new windows. Concrete driveway. Updated electrical panel. Separate gas and electrical meters. GREAT INVESTMENT OPPORTUNITY!

  • August, 2017

  • Aug 1, 2017

    Date

    Expired

    CRMLS: SR17094159

    $869,000

    Price

  • Jun 26, 2017

    Date

    Withdrawn

    CRMLS: SR17094159

    $869,000

    Price

  • May 1, 2017

    Date

    Active

    CRMLS: SR17094159

    $869,000

    Price

  • Listing provided courtesy of CRMLS

    MIRACLE MILE AREA, ADJACENT TO HANCOCK PARK. 3 UNITS-GATED BLDG- 2BR 1BA EACH- GREAT FLOOR PLAN- NEWER-SOME DOUBLE PANE WINDOWS-CONCRETE DRIVEWAY, UPDATED ELECTRICAL PANEL, SEPARATE GAS & ELECTRICAL METERS. GREAT OPPORTUNITY FOR BUYERS AND INVESTORS.

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Tax History for 1224 S Mullen Ave

Assessed Value (2020): $1,450,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $450,000 $1,450,000

Home Value Compared to the Market

This property vs the competition

1224 S Mullen Ave sold on July 5, 2019 for 37.08% higher than the current median sold price for the city of Los Angeles which is $1,130,000.

About 1224 S Mullen Ave

Detailed summary of property

1224 S Mullen Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 4,960 square foot lot. 1224 S Mullen Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,450,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.08% higher than the current median priced home. Local homes that are currently for sale include 1637 S Highland Ave, 1243-1245 S Sycamore Ave and 4011 Country Club Dr. While the average home in Los Angeles, CA is selling in 94 days, 1224 S Mullen Ave has a days on market of 20 days. There are currently 3859 homes for sale in the Los Angeles real estate market and 2609 of them are single family homes while 1145 of them are condos and 99 are townhomes. For more information on this home for sale at 1224 S Mullen Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1224 S Mullen Ave

Public county record property details
Beds
6
Baths
3
Year built
1931
Sq. Ft.
2,408
Lot Size
4,960
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5083-014-022

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$685
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
74
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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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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