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12401 Idaho Ave, Los Angeles, CA 90025
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12401 Idaho Ave Los Angeles, CA 90025

$3,750,000
  • 10 Beds
  • 6 Baths
  • 4,710 Sq.Ft.
For Sale
$3,750,000 Get Pre-Qualified
Map preview of 12401 Idaho Ave, Los Angeles, CA 90025

Property Overview: 12401 Idaho Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,710 living square feet and 7,587 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! All units are rented and provide strong and stable rental income. Offered at a 5.16% cap rate and at $796/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 6 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
7,587
HOA Dues
$0/mo
Year built
2023
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24370099
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $8,495
  • Total Rent: $8,495
  • Pro Forma/Market Rent: $8,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $8,495
  • Total Rent: $8,495
  • Pro Forma/Market Rent: $8,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.89
  • Gross Scheduled Income: --
  • Net Operating Income: $193,486
  • Gross Operating Income: $246,784
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 12401 Idaho Ave

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Property Details for 12401 Idaho Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Shutters
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Uncovered
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 4267029014
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica Blvd and East of Centinela
View more facts & features

Local Los Angeles Agent

Sale History for 12401 Idaho Ave

Last sold for $1,550,000 on June 15th, 2017

  • March, 2024

  • Mar 18, 2024

    Date

    Active

    CRMLS: 24370099

    $3,750,000

    Price

  • November, 2023

  • Nov 15, 2023

    Date

    Canceled

    CRMLS: 23310385

    $3,850,000

    Price

  • Sep 12, 2023

    Date

    Active

    CRMLS: 23310385

    $3,850,000

    Price

  • Listing provided courtesy of CRMLS

    2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom ADU! All units are rented on lease terms until 2024 and provide strong and stable rental income. Offered at a 5.00% cap rate and at $817/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage and 2 outdoor spaces. Each unit also enjoys in-unit laundry. Tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!

  • August, 2021

  • Aug 6, 2021

    Date

    Canceled

    CRMLS: 20672900

    $1,890,000

    Price

  • Jun 28, 2021

    Date

    Pending

    CRMLS: 20672900

    $1,890,000

    Price

  • Mar 10, 2021

    Date

    Active Under Contract

    CRMLS: 20672900

    $1,890,000

    Price

  • Feb 1, 2021

    Date

    Active

    CRMLS: 20672900

    $1,890,000

    Price

  • Jan 18, 2021

    Date

    Active Under Contract

    CRMLS: 20672900

    $1,890,000

    Price

  • Dec 30, 2020

    Date

    Active

    CRMLS: 20672900

    $1,890,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity for owner / user or investors in prime West Los Angeles R2 corner lot - 7,587 Sq. Ft. Permits ready to issue soon, with plans for 2 condominiums - Each 3 story unit to be 3,500 sq ft. Hydrant & drainage plans already approved, and demolition permit is ready to go. Great West LA location with lots of potential & upside, with newer condos already built on the street and many major Tech & Media companies nearby, like HULU, Riot Games, Lionsgate Production, Oracle, and Google, to name a few, and a lot more developments underway and coming soon to the area. Don't miss this investment opportunity.

  • August, 2020

  • Aug 8, 2020

    Date

    Expired

    CRMLS: SR20143179

    $1,800,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: SR20143179

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Attention developers/owner-builders! Build 2 luxury homes with over 4,000 sf each. This rare corner underdeveloped property is located in one of LA's most desirable neighborhoods. Few minute walk to Expo Line and few minute ride to Santa Monica beach. Currently the property is duplex, offering 4 bedrooms and 1 bedroom with detached garage. Overall OK condition, however, missing cabinets. Call agent for details.

  • June, 2017

  • Jun 15, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

  • December, 2015

  • Dec 22, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 12401 Idaho Ave

Assessed Value (2020): $1,612,620
Year Land Value Improved Value Assessed Value
2020 $1,092,420 $520,200 $1,612,620

Home Value Compared to the Market

This property vs the competition

12401 Idaho Ave is listed 203.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $796.18 per/sqft which puts the price per square foot 3% higher than the median price per square foot for the city of Los Angeles.

About 12401 Idaho Ave

Detailed summary of property

12401 Idaho Ave is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 10 bedrooms, 6 bathrooms, roughly 4,710 living square feet, and sits on an approximately 7,587 square foot lot. 12401 Idaho Ave was first listed on ArdentRealEstateGroup.com on March 18, 2024. The homeowner is currently asking $3,750,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 203.4% higher than the median priced home. Local competing homes currently for sale include 1833 Benecia Ave, 12028 Venice Blvd and 10357 Ashton Ave. While the average home in Los Angeles, CA is selling in 96 days, 12401 Idaho Ave has a days on market of 32 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 12401 Idaho Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12401 Idaho Ave

Public county record property details
Beds
4
Baths
5
Year built
1938
Sq. Ft.
2,371
Lot Size
7,587
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
4267-029-014

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$767
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$733
Total Inventory
104
Median Sale to List Price %
96.53%
Avg Days on Market
25
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (6.67%), Other (6.67%)

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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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