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1245 S Mullen Ave, Los Angeles, CA 90019
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1245 S Mullen Ave Los Angeles, CA 90019

$1,050,000 Sold Price as of 05/14/2024
  • 4 Beds
  • 2 Baths
  • 1,248 Sq.Ft.
Sold
$1,050,000 Sold Price as of 05/14/2024 Refinance Your Mortgage
Map preview of 1245 S Mullen Ave, Los Angeles, CA 90019

Property Overview: 1245 S Mullen Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,248 living square feet and 4,959 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Completely Remodeled!!! This beautiful 4/2 consist of 2 - 2 Bedroom and 1 bath units. All of the electrical, plumbing, flooring done to code and permitted. The new kitchens in both units feature all new appliances and are ready for you to either move in one unit and rent the other unit or a great idea property for 2 families or a turkey property for an investor to put your hand picked tenants in and hold. Located in one of LA’s Most Sought after areas, just beneath Hancock Park! Close to great food locations, shopping, landmark theaters, various places of worship and grocery stores. LA Memorial High and other highly desirable schools like Marlborough private school in the area. Home features: modern bathroom with designer tile to the ceiling, LED light mirror, and Bluetooth speaker in the ceilings. The most consideration was put into this property and attention to detail done throughout. From the rounded bullnose corners throughout the interior, to the recessed lights added throughout, all new wiring and electrical panel. Upgraded Quartz counters atop of the custom shaker soft close cabinets in the kitchen and bath of both units. The flooring is upgraded with waterproof laminate throughout. Brand new central AC and heat units in both! Enjoy the nice curb appeal the modern gates provides without hiding the clean sharp lines of the home, features Redwood and treated wood as the front and rear steps. New dual pane windows throughout! You must see for yourselves. Instead of buying a single-family home over here from 1.2 to 1.6 million; consider this amazing duplex with the space to add at least one more unit, tis property by and large will add more value to your families real estate portfolio...

Listed by Robert Sterling | BRE #01305201 | Sterling Real Estate Group
Co-listed by Tomas Johnson | BRE #01963773 | WLM Realty
Last checked: 6 minutes ago | Last updated: May 15th, 2024 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
4,959
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW24007296
City
Los Angeles
County
Los Angeles
Time on Site
251 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $76,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $600
  • Insurance: $1,500
  • Water/Sewer: $0

Virtual Tour

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Property Details for 1245 S Mullen Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, In Kitchen, Stackable, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Vinyl
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Oven, Electric Range
Interior Features
  • Brick Walls, Quartz Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Lighting
  • Has Fence
  • Block, Vinyl, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination, Gated, On Site, Private
Lot Information
  • Lot Features: Desert Back, Desert Front, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5083015011
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Offered With Property: All built-in appliances: Refrigerators, stoves, washers and dryers...
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Other Subdivision Name: Olympic Park
  • Directions: One block N. Pico and one block E. Rampau
Neighborhood Information
  • Community Features: Biking, Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1245 S Mullen Ave

Last sold for $1,050,000 on May 14th, 2024

  • May, 2024

  • May 15, 2024

    Date

    Canceled

    CRMLS: PW24051312

    $1,099,000

    Price

  • Mar 14, 2024

    Date

    Active

    CRMLS: PW24051312

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2024

  • May 14, 2024

    Date

    Sold

    CRMLS: PW24007296

    $1,050,000

    Price

  • Jan 12, 2024

    Date

    Active

    CRMLS: PW24007296

    $1,299,000

    Price

  • January, 2024

  • Jan 12, 2024

    Date

    Delete

    CRMLS: PW23230451

    $1,298,000

    Price

  • Jan 12, 2024

    Date

    Active

    CRMLS: PW23230451

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    The one you’ve been waiting for!!! One of the few Duplexes in the area that has been completely remodeled and brought up to today’s standards! Zoning allows for 2 more units! This 4/2 consists of 2 - 2 Bedroom and 1 bath units. All of the electrical, plumbing, flooring done to code and permitted. The new kitchens in both units feature all new appliances and are ready for you to either move in one unit and rent the other unit or a great idea property for 2 families or a turkey property for an investor to hold. Located in one of LA’s most sought after areas, just beneath Hancock Park in one of the most central locations you’d ever want! Close to great food locations, shopping, landmark theaters, various places of worship and grocery stores. Queen Anne Park is near, with tennis courts, kids playground, soccer, basketball courts and a pool. LA Memorial High and other highly desirable schools like Marlborough private school in the area. Property has low maintenance landscaping and new vinyl and wood surrounding fences. Additional upside is enough space in the backyard for at least 2 more units or just a single ADU... The modern bathroom features designer tile to the ceiling, new vanity, an LED light mirror, and Bluetooth speaker in the ceilings. The most consideration was put into this property and attention to detail done throughout. From the rounded bullnose corners throughout the properties interior, to the recessed lights added throughout, with new wiring and electrical panel. You'll be pleased with the upgraded Quartz counters atop of the custom shaker soft close cabinets in the kitchen and bath of both units. The flooring is upgraded with waterproof laminate throughout. Brand new central AC and heat units in both! Enjoy the nice curb appeal the exterior modern front gate provides without hiding the clean sharp lines of the home, the long driveway leads to the parking in the rear of the home, the Redwood and treated wood in the front and rear steps of the units boast front porches with enough space for a sitting area. Modern new dual pane windows throughout, I could go on and on; however you must see for yourselves. When I tell you this is a brand new house that you’ll be satisfied with for many years to come! Instead of buying a single-family home over here from 1.2 to 1.6 million; consider this amazing duplex that is the same size that would add more value to your real estate portfolio... With offer this week, Seller will consider 1% rate Buy-down!!!

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Tax History for 1245 S Mullen Ave

Assessed Value (2020): $39,616
Year Land Value Improved Value Assessed Value
2020 $21,265 $18,351 $39,616

Home Value Compared to the Market

This property vs the competition

1245 S Mullen Ave sold on May 14, 2024 for 1.88% 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 $880.61 per/sqft which puts the price per square foot 21.63% higher than the current median sale per square foot for the city of Los Angeles.

About 1245 S Mullen Ave

Detailed summary of property

1245 S Mullen Ave is a duplex that recently sold in Los Angeles, CA 90019. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,248 living square feet, and sits on an approximately 4,959 square foot lot. 1245 S Mullen Ave was first listed on ArdentRealEstateGroup.com on January 13, 2024. The homeowner sold the property for $1,050,000. 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 1.88% lower than the current median priced home. Local homes that are currently for sale include 1877 S Cloverdale Ave, 2319 2nd Ave and 5065 Bangor St. While the average home in Los Angeles, CA is selling in 106 days, 1245 S Mullen Ave has a days on market of 86 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 1245 S Mullen Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1245 S Mullen Ave

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,248
Lot Size
4,958
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5083-015-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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