1244 E 83Rd St, Los Angeles, CA 90001
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1244 E 83Rd St Los Angeles, CA 90001

$715,000 Sold Price as of 06/08/2021
  • 4 Beds
  • 2 Baths
  • 1,776 Sq.Ft.
Sold
$715,000 Sold Price as of 06/08/2021 Refinance Your Mortgage

Map preview of 1244 E 83Rd St, Los Angeles, CA 90001

Property Overview: 1244 E 83Rd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,776 living square feet and 9,444 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two homes on one lot! Nice quiet neighborhood with plenty of street parking. both structures are freestanding. This is a great opportunity to own one and live in the other. Both units are very spacious and consist of 2 bedrooms and one bathroom each. Perfect for a first-time homebuyer or a seasoned investor. Huge Lot with over 9300 Sqft. These two units are located in a centralized neighborhood. They are just a few minutes away from Downtown Los Angeles and in great proximity to all the major freeways including the 110,105,10 and 405 freeways. Both units maintain their own privacy, with their own front and back yards. They are independent of one another. Both units are currently occupied with great tenants on a month-to-month lease. The property is in an unincorporated area with no rent control. Some of the upgrades include: new windows, new light fixtures, new kitchens, a new garage door, both bathrooms were recently upgraded, new electrical panel. lastly, both units have their own utilities independent of one another. separate water, gas, and electric meters.

Listed by MIKE VIRAMONTES | BRE #01741799 | EXCELLENCE RE REAL ESTATE
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
9,444
HOA Dues
$0/mo
Year built
1961
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB21078319
City
Los Angeles
County
Los Angeles
Time on Site
1226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $100
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1
  • Trash: $60
  • Insurance: $800
  • Water/Sewer: $60

Property Details for 1244 E 83Rd St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
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: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6028028007
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: please refer to GPS
Neighborhood Information
  • Community Features: Park, Suburban
View more facts & features

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Sale History for 1244 E 83Rd St

Last sold for $715,000 on June 8th, 2021
  • June, 2021

  • Jun 8, 2021

    Date

    Sold

    CRMLS: MB21078319

    $715,000

    Price

  • Apr 29, 2021

    Date

    Active Under Contract

    CRMLS: MB21078319

    $699,888

    Price

  • Apr 29, 2021

    Date

    Price Change

    CRMLS: MB21078319

    $699,888

    Price

  • Apr 29, 2021

    Date

    Active

    CRMLS: MB21078319

    $659,888

    Price

  • Apr 26, 2021

    Date

    Hold

    CRMLS: MB21078319

    $659,888

    Price

  • Apr 19, 2021

    Date

    Active

    CRMLS: MB21078319

    $659,888

    Price

  • Apr 15, 2021

    Date

    Price Change

    CRMLS: MB21078319

    $659,888

    Price

  • Apr 15, 2021

    Date

    Coming Soon

    CRMLS: MB21078319

    $6,599,888

    Price

  • August, 2015

  • Aug 27, 2015

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

Show More

Tax History for 1244 E 83Rd St

Assessed Value (2020): $416,734
Year Land Value Improved Value Assessed Value
2020 $254,370 $162,364 $416,734

Home Value Compared to the Market

This property vs the competition

1244 E 83Rd St sold on June 8, 2021 for 37.51% 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 $394.08 per/sqft which puts the price per square foot 45.57% lower than the current median sale per square foot for the city of Los Angeles.

About 1244 E 83Rd St

Detailed summary of property

1244 E 83Rd St is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,776 living square feet, and sits on an approximately 9,444 square foot lot. 1244 E 83Rd St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $715,000. 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 37.51% lower than the current median priced home. Local homes that are currently for sale include 7908 Towne Ave, 9538 Compton Ave and 341 E 82nd St. While the average home in Los Angeles, CA is selling in 106 days, 1244 E 83Rd St has a days on market of 8 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 1244 E 83Rd 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 1244 E 83Rd St

Public county record property details
Beds
4
Baths
2
Year built
1961
Sq. Ft.
1,776
Lot Size
9,398
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
6028-028-007

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.
$551
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%)

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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.