123 S Bowling Green Way, Los Angeles, CA 90049

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123 S Bowling Green Way Los Angeles, CA 90049

$3,146,439 Sold Price as of 12/30/2021

7 Beds
5 Baths
5,136 Sq.Ft.

Sold

$3,146,439 Sold Price as of 12/30/2021 Refinance Your Mortgage

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Map preview of 123 S Bowling Green Way, Los Angeles, CA 90049

Property Overview: 123 S Bowling Green Way Los Angeles, CA has 7 bedrooms, 5 bathrooms, 5,136 living square feet and 8,131 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare 3 Unit in Brentwood CA on large 8,131 Sq. Ft. R-1 Lot. South of Sunset Blvd. Very, Very large units. Property can be used as income property, rehabbed or possibly torn down and build a brand new home. 3rd unit is a large ADU - 1,000 sq. foot 1 bedroom + bathroom + kitchen located over the garages. Each 3 bedroom + 2 bath units has 2,000 sq. ft. of living space. Located on Serene, Tree lined street. Over 40% in potential rent upside! The two 3 bedroom units have Luxury Exempt certificates so apparently are NOT subject to rent control. Buyer to Confirm. Additionally, The two 3 bedroom units each have a fireplace in the front room. The 1 Bedroom + 1 bathroom unit should rent for at least $3,000/mo. Property to be delivered at COE with tenants occupying the two 3 bedroom units TENANT OCCUPIED - DO NOT WALK ON PROPERTY.

Listed by Michael Millea | BRE #01069014 | Keller Williams Beach Cities

Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft: 8,131
HOA Dues: $0/mo
Year built: 1929
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: SB21188640
City: Los Angeles
County: Los Angeles
Time on Site: 993 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $4,500
Total Rent: $4,500
Pro Forma/Market Rent: $7,500

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $4,300
Total Rent: $4,300
Pro Forma/Market Rent: $7,500

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $105,600
Net Operating Income: $32,981
Gross Operating Income: --
Vacancy Allowance: $3,168
# of Rented Garages: 0

Annual Expense Breakdown

Total Operating Expense: $69,451
Electric: $0
Gas/Fuel: $0
New Taxes: $54,000
Trash: $1,800
Gardener: $900
Insurance: $2,311
Maintenance: $8,640
Water/Sewer: $1,800

Property Details for 123 S Bowling Green Way

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Laundry Information

Has Laundry
Common Area

Fireplace Information

Has Fireplace
Living Room

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 5

Lot Information

Lot Features: Front Yard, Level with Street
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 3
Parcel Number: 4404012011
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Sunset Blvd West from 405 Freeway. Turn south on Bowling Green Way.

Neighborhood Information

Community Features: Curbs, Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 123 S Bowling Green Way

Last sold for $3,146,439 on December 30th, 2021

December, 2021
Dec 31, 2021

Date

Sold

CRMLS: SB21188640

$3,146,439

Price
Aug 26, 2021

Date

Active

CRMLS: SB21188640

$3,500,000

Price
May, 2020
May 1, 2020

Date

Expired

CRMLS: SB19237945

$3,200,000

Price
Apr 14, 2020

Date

Active

CRMLS: SB19237945

$3,200,000

Price
Mar 26, 2020

Date

Hold

CRMLS: SB19237945

$3,200,000

Price
Mar 4, 2020

Date

Price Change

CRMLS: SB19237945

$3,200,000

Price
Feb 10, 2020

Date

Price Change

CRMLS: SB19237945

$3,500,000

Price
Feb 10, 2020

Date

Active

CRMLS: SB19237945

$4,250,000

Price
Dec 24, 2019

Date

Pending

CRMLS: SB19237945

$4,250,000

Price
Dec 13, 2019

Date

Hold

CRMLS: SB19237945

$4,250,000

Price
Oct 8, 2019

Date

Active

CRMLS: SB19237945

$4,250,000

Price
Listing provided courtesy of CRMLS

PRICE REDUCTION- Rare Duplex in Brentwood CA on large 8,131 Sq. Ft. R-1 Lot. South of Sunset Blvd. Very, Very large units. Lots of rental upside. Property can be used as income property, rehabbed or possibly torn down and build a brand new home. Additionally, there is a large Recreation room That could possibly be used as an office. Buyer to verify proper use. Both 3 bedroom + 2 bath units are 2,000 sq. ft. of living space. Located on Serene, Tree lined street. Significant rental upside! The two 3 bedroom units have Luxury Exempt certificates so apparently are NOT subject to rent control. Additionally, The two 3 bedroom units each have a fireplace in the front room and a fireplace in the master bedroom.

Continue Reading
May, 2020
May 1, 2020

Date

Expired

CRMLS: SB19238849

$3,200,000

Price
Apr 25, 2020

Date

Active

CRMLS: SB19238849

$3,200,000

Price
Mar 26, 2020

Date

Hold

CRMLS: SB19238849

$3,200,000

Price
Mar 4, 2020

Date

Price Change

CRMLS: SB19238849

$3,200,000

Price
Feb 10, 2020

Date

Price Change

CRMLS: SB19238849

$3,500,000

Price
Feb 10, 2020

Date

Active

CRMLS: SB19238849

$4,250,000

Price
Dec 24, 2019

Date

Pending

CRMLS: SB19238849

$4,250,000

Price
Dec 13, 2019

Date

Hold

CRMLS: SB19238849

$4,250,000

Price
Oct 9, 2019

Date

Active

CRMLS: SB19238849

$4,250,000

Price
Listing provided courtesy of CRMLS

Rare Duplex in Brentwood CA on large 8,131 Sq. Ft. R-1 Lot. South of Sunset Blvd. Very, Very large units. Property can be used as income property, rehabbed or possibly torn down and build a brand new home. Additionally, there is a large Recreation room That could possibly be used as an office. Buyer to verify proper use. Both 3 bedroom + 2 bath units are 2,000 sq. ft. of living space. Located on Serene, Tree lined street. Significant rental upside! The two 3 bedroom units have Luxury Exempt certificates so apparently are NOT subject to rent control. Additionally, The two 3 bedroom units each have a fireplace in the front room and a fireplace in the master bedroom.

Continue Reading
April, 1997
Apr 8, 1997

Date

Sold (Public Records)

Public Records

$904,000

Price
November, 1994
Nov 10, 1994

Date

Sold (Public Records)

Public Records

$756,000

Price

Tax History for 123 S Bowling Green Way

Assessed Value (2020): $1,029,463

Year	Land Value	Improved Value	Assessed Value
2020	$755,372	$274,091	$1,029,463

Home Value Compared to the Market

This property vs the competition

123 S Bowling Green Way sold on December 30, 2021 for 194.12% 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 $681.46 per/sqft which puts the price per square foot 9.74% lower than the current median sale per square foot for the city of Los Angeles.

About 123 S Bowling Green Way

Detailed summary of property

123 S Bowling Green Way is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 5,136 living square feet, and sits on an approximately 8,131 square foot lot. 123 S Bowling Green Way was first listed on ArdentRealEstateGroup.com on August 26, 2021. The homeowner sold the property for $3,146,439. 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 194.12% higher than the current median priced home. Local homes that are currently for sale include 3544 Vinton Ave, 3631 Motor Ave and 3754 Vinton Ave. While the average home in Los Angeles, CA is selling in 94 days, 123 S Bowling Green Way has a days on market of 96 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 123 S Bowling Green Way 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 123 S Bowling Green Way

Public county record property details

Beds: 7
Baths: 5
Year built: 1929
Sq. Ft.: 5,136
Lot Size: 8,131
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 208
APN: 4404-012-011

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

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

Thinking of Selling?

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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.