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1245 E Adams Blvd, Los Angeles, CA 90011
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1245 E Adams Blvd Los Angeles, CA 90011

$1,000,000 Sold Price as of 02/09/2022
  • 11219 Beds
  • 7482 Baths
  • 4,079 Sq.Ft.
Sold
$1,000,000 Sold Price as of 02/09/2022 Refinance Your Mortgage
Map preview of 1245 E Adams Blvd, Los Angeles, CA 90011

Property Overview: 1245 E Adams Blvd Los Angeles, CA has 11219 bedrooms, 7482 bathrooms, 4,079 living square feet and 6,029 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An INVESTMENT OPPORTUNITY that will pay you FOREVER! 5 Units being sold with AMAZING UPSIDE POTENTIAL!! Tenants are month to month and new leases are ready to be negotiated. This is an investment opportunity for any investor. This property is conveniently located near shopping centers, restaurants, fitness centers, schools, colleges, freeways and public transportation.

Listed by Jonathan Calderon | BRE #01982607 | Pillar Realty
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 126

Home details

Lot Sq. Ft
6,029
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21158310
City
Los Angeles
County
Los Angeles
Time on Site
1033 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 1245
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,442
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1245
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,202
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1247
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,650
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1247
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,093
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1249
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,443
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $125,000
  • Net Operating Income: --
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • Laundry Income: $0
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1245 E Adams Blvd

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 5119022012
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: See Remarks
Location / Neighborhood
Location Information
  • Directions: Between Hooper and Naomi
View more facts & features

Local Los Angeles Agent

Sale History for 1245 E Adams Blvd

Last sold for $1,000,000 on February 9th, 2022

  • July, 2021

  • Jul 21, 2021

    Date

    Active

    CRMLS: DW21158310

    $1,150,000

    Price

Tax History for 1245 E Adams Blvd

Assessed Value (2020): $253,049
Year Land Value Improved Value Assessed Value
2020 $71,040 $182,009 $253,049

Home Value Compared to the Market

This property vs the competition

1245 E Adams Blvd sold on February 9, 2022 for 3.36% lower 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 $281.93 per/sqft which puts the price per square foot 62.66% lower than the current median sale per square foot for the city of Los Angeles.

About 1245 E Adams Blvd

Detailed summary of property

1245 E Adams Blvd is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 11219 bedrooms, 7482 bathrooms, roughly 4,079 living square feet, and sits on an approximately 6,029 square foot lot. 1245 E Adams Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2021. The homeowner sold the property for $1,000,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 254 W 83rd St, 8310 S Broadway and 2194 Venice Blvd. While the average home in Los Angeles, CA is selling in 92 days, 1245 E Adams Blvd has a days on market of 126 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1245 E Adams Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1245 E Adams Blvd

Public county record property details
Beds
6
Baths
5
Year built
1930
Sq. Ft.
4,079
Lot Size
6,029
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
114
APN
5119-022-012

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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