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125 S Reno St, Los Angeles, CA 90057
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125 S Reno St Los Angeles, CA 90057

$987,000 Sold Price as of 06/16/2021
  • 4 Beds
  • 2 Baths
  • 2,496 Sq.Ft.
Sold
$987,000 Sold Price as of 06/16/2021 Refinance Your Mortgage
Map preview of 125 S Reno St, Los Angeles, CA 90057

Property Overview: 125 S Reno St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,496 living square feet and 4,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Good looking DUPLEX UP AND DOWN. CLEAN TWO BEDROOM PLUS DEN + 1BA EACH. (125-127 South Reno St) Approx 1250 Sq ft each. Wood floors. Granite Kit counter, Tile in bath. Washer and dryer hook-ups next to kit. A/C UNITS. Buyer/agent to verify all info @ city records. Excellent Rampart Village location.

Listed by Alex Sand | BRE #00830954 | Paris Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
4,800
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21064393
City
Los Angeles
County
Los Angeles
Time on Site
1193 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,016
  • Total Rent: $2,016
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,911
  • Total Rent: $1,911
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,124
  • Net Operating Income: $2,936
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,836
  • New Taxes: $9,900
  • Trash: $436
  • Insurance: $1,100
  • Water/Sewer: $1,400

Property Details for 125 S Reno St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5155003003
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Other Subdivision Name: RAMPART VILLAGE
  • Directions: S / BEVERLY BLVD , E / VIRGIL
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 125 S Reno St

Last sold for $987,000 on June 16th, 2021

  • June, 2021

  • Jun 19, 2021

    Date

    Sold

    CRMLS: PW21064393

    $987,000

    Price

  • Jun 4, 2021

    Date

    Pending

    CRMLS: PW21064393

    $999,999

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: PW21064393

    $999,999

    Price

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: PV20257825

    $1,059,999

    Price

  • Feb 28, 2021

    Date

    Active

    CRMLS: PV20257825

    $1,059,999

    Price

  • Feb 12, 2021

    Date

    Hold

    CRMLS: PV20257825

    $1,059,999

    Price

  • Dec 15, 2020

    Date

    Active

    CRMLS: PV20257825

    $1,059,999

    Price

  • Listing provided courtesy of CRMLS

    Great income property with with lots of potential, this duplex offers 2 bedroom 1 bath each unit with 6 parking spots and a bonus bedroom in one of the units. The Multilevel duplex is well kept inside and updated. Approximately 1,250 sqft of living space each unit, wood floors, granite kitchen counters in unit 1 and unit 2 tile counters. Bathrooms lined in tile, washer/dryer hookups near kitchen but most importantly A/C units.This property is def a must see!

  • December, 2020

  • Dec 1, 2020

    Date

    Expired

    CRMLS: PW20115185

    $1,060,000

    Price

  • Jun 15, 2020

    Date

    Active

    CRMLS: PW20115185

    $1,060,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2020

  • Jun 14, 2020

    Date

    Expired

    CRMLS: 20554096

    $1,075,000

    Price

  • May 22, 2020

    Date

    Withdrawn

    CRMLS: 20554096

    $1,075,000

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: 20554096

    $1,075,000

    Price

  • Listing provided courtesy of CRMLS

    The property sits close to the intersection of Beverly Blvd and Reno St. The subject property is in close proximity to the most heavily built submarkets in L.A., including Downtown, Koreatown, and Hollywood. 95% of the households in this area are renters. Population within a 3-mile radius increased 8.2% since 2010, and is estimated to increase by 2% in the next five years. The property has a redevelopment opportunity, which gives a developer the option to build 6 units using the TOC building bonus.

  • June, 2020

  • Jun 14, 2020

    Date

    Expired

    CRMLS: 20553882

    $1,075,000

    Price

  • May 22, 2020

    Date

    Withdrawn

    CRMLS: 20553882

    $1,075,000

    Price

  • Mar 9, 2020

    Date

    Price Change

    CRMLS: 20553882

    $1,075,000

    Price

  • Feb 26, 2020

    Date

    Price Change

    CRMLS: 20553882

    $1,125,000

    Price

  • Feb 14, 2020

    Date

    Active

    CRMLS: 20553882

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Major Price Reduction! Motivated Seller! BRC is proud to present a 2 unit building located at 125 South Reno Street in Los Angeles, California. The property sits close to the intersection of Beverly Blvd and Reno St. The subject property is in close proximity to the most heavily built submarkets in L.A., including Downtown, Koreatown, and Hollywood. This offering provides an investor the opportunity to purchase Los Angeles units in the busiest area with up side. The property also has a redevelopment opportunity, which gives a developer the option to build 6 units using the TOC building bonus.

  • October, 2016

  • Oct 26, 2016

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

  • September, 2014

  • Sep 9, 2014

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

Show More

Tax History for 125 S Reno St

Assessed Value (2020): $764,309
Year Land Value Improved Value Assessed Value
2020 $530,604 $233,705 $764,309

Home Value Compared to the Market

This property vs the competition

125 S Reno St sold on June 16, 2021 for 21.51% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $400.64 per/sqft which puts the price per square foot 49.35% lower than the current median sale per square foot for the city of Los Angeles.

About 125 S Reno St

Detailed summary of property

125 S Reno St is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,496 living square feet, and sits on an approximately 4,800 square foot lot. 125 S Reno St was first listed on ArdentRealEstateGroup.com on March 27, 2021. The homeowner sold the property for $987,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.51% lower than the current median priced home. Local homes that are currently for sale include 4500 Gilbert Pl, 1835 W 12th St and 508 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 100 days, 125 S Reno St has a days on market of 63 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 125 S Reno St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 125 S Reno St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
2,496
Lot Size
4,800
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5155-003-003

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$390,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
17
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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