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1238 E 69Th St, Los Angeles, CA 90001
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1238 E 69Th St Los Angeles, CA 90001

$785,000 Sold Price as of 04/30/2024
  • 6 Beds
  • 0 Baths
  • 1,924 Sq.Ft.
Sold
$785,000 Sold Price as of 04/30/2024 Refinance Your Mortgage
Map preview of 1238 E 69Th St, Los Angeles, CA 90001

Property Overview: 1238 E 69Th St Los Angeles, CA has 6 bedrooms, -- bathrooms, 1,924 living square feet and 4,916 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to your next investment opportunity! Nestled in a desirable residential neighborhood, this income property boasts four well-designed units, offering versatility and potential for various income streams. With a spacious lot, three one-car garages, and a long driveway, ample parking and outdoor space are provided. The main building features three comfortable units with modern amenities and charming architectural details, complemented by secure parking and storage options. Its prime location ensures easy access to amenities, schools, and transportation, enhancing both livability and market demand. Whether you're a seasoned investor or newcomer, this property offers a solid entry point into the real estate market with its well-maintained condition, multiple income streams, and growth potential. Don't miss out on this lucrative opportunity – schedule a viewing today and unlock the potential of this residential income property!(This property is a part of the Los Angeles County, not city!)

Listed by Alberto Sanchez | BRE #02028262 | Century 21 A Better Service
Last checked: 2 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
4,916
HOA Dues
$0/mo
Year built
1948
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW24039774
City
Los Angeles
County
Los Angeles
Time on Site
205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,412
  • Total Rent: $1,412
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,166
  • Total Rent: $1,166
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,668
  • Total Rent: $1,668
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,004
  • Total Rent: $2,004
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,000
  • Net Operating Income: $75,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1238 E 69Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6010012012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: In between Central & Hooper Ave off of Gage Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1238 E 69Th St

Last sold for $785,000 on April 30th, 2024

  • April, 2024

  • Apr 30, 2024

    Date

    Sold

    CRMLS: DW24039774

    $785,000

    Price

  • Feb 27, 2024

    Date

    Active

    CRMLS: DW24039774

    $775,000

    Price

  • December, 2011

  • Dec 30, 2011

    Date

    Sold (Public Records)

    Public Records

    $270,000

    Price

Show More

Tax History for 1238 E 69Th St

Assessed Value (2020): $310,088
Year Land Value Improved Value Assessed Value
2020 $155,389 $154,699 $310,088

Home Value Compared to the Market

This property vs the competition

1238 E 69Th St sold on April 30, 2024 for 30.8% lower 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 $402.81 per/sqft which puts the price per square foot 44.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1238 E 69Th St

Detailed summary of property

1238 E 69Th St is a fourplex that recently sold in Los Angeles, CA 90001. This fourplex offered 6 bedrooms, -- bathrooms, roughly 1,924 living square feet, and sits on an approximately 4,916 square foot lot. 1238 E 69Th St was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner sold the property for $785,000. 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 30.8% lower than the current median priced home. Local homes that are currently for sale include 913 E 87th St, 1549 E 53rd St and 435 E 84th st. While the average home in Los Angeles, CA is selling in 106 days, 1238 E 69Th St has a days on market of 17 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 1238 E 69Th St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1238 E 69Th St

Public county record property details
Beds
4
Baths
3
Year built
1948
Sq. Ft.
1,924
Lot Size
4,914
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
548
APN
6010-012-012

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
31
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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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