Search
1250 Leighton Ave, Los Angeles, CA 90037
View Photos

1250 Leighton Ave Los Angeles, CA 90037

$1,217,500 Sold Price as of 03/10/2022
  • 8 Beds
  • 3 Baths
  • 3,414 Sq.Ft.
Sold
$1,217,500 Sold Price as of 03/10/2022 Refinance Your Mortgage
Map preview of 1250 Leighton Ave, Los Angeles, CA 90037

Property Overview: 1250 Leighton Ave Los Angeles, CA has 8 bedrooms, 3 bathrooms, 3,414 living square feet and 7,812 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Large Value-Add property near USC! 1250 Leighton Ave is an excellent value add investment opportunity. The subject property is 3 units with a unit mix of one 5 bed +1 bath, one 2 bed + 1 Bath + Den, and one 1 Bed + 1 bath. The property is located just West of Exposition Park. It is minutes from USC, the Coliseum, Banc of California Stadium, George Lucas Museum, the 10, the 110, and the Expo Light Rail. An alley provides access to the rear of the property. Possibility that 2 units can be vacated after the close of escrow. The building is 3,414 sq. ft. and the lot is 7,812 sq. ft. zoned LAR2. The large lot creates the possibility of adding an ADU in the rear. *Buyer to do own investigations. DO NOT DISTURB TENANTS! DRIVE BY ONLY!

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,812
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21112179
City
Los Angeles
County
Los Angeles
Time on Site
884 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,775
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.67
  • Gross Scheduled Income: --
  • Net Operating Income: $65,020
  • Gross Operating Income: $90,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1250 Leighton Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5037003005
  • Property Condition: Fixer
Location / Neighborhood
Location Information
  • Directions: From Downtown Los Angeles head south on S. Figueroa St. At the intersection of W. Martin Luther King Jr. head west. Once at the intersection of MLK and Normandie head north. Proceed west on to Leighton Ave. Subject property will be on the south side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 1250 Leighton Ave

Last sold for $1,217,500 on March 10th, 2022

  • March, 2022

  • Mar 10, 2022

    Date

    Sold

    CRMLS: 21112179

    $1,217,500

    Price

  • Dec 15, 2021

    Date

    Active

    CRMLS: 21112179

    $1,140,000

    Price

  • October, 2018

  • Oct 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

  • July, 2003

  • Jul 3, 2003

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 1250 Leighton Ave

Assessed Value (2020): $943,500
Year Land Value Improved Value Assessed Value
2020 $659,940 $283,560 $943,500

Home Value Compared to the Market

This property vs the competition

1250 Leighton Ave sold on March 10, 2022 for 4.2% 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 $333.92 per/sqft which puts the price per square foot 55.77% lower than the current median sale per square foot for the city of Los Angeles.

About 1250 Leighton Ave

Detailed summary of property

1250 Leighton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 8 bedrooms, 3 bathrooms, roughly 3,414 living square feet, and sits on an approximately 7,812 square foot lot. 1250 Leighton Ave was first listed on ArdentRealEstateGroup.com on December 15, 2021. The homeowner sold the property for $1,217,500. 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 4.2% lower than the current median priced home. Local homes that are currently for sale include 828 W 41st St, 1492 W 35th Pl and 1414 W 30th St. While the average home in Los Angeles, CA is selling in 94 days, 1250 Leighton Ave has a days on market of 12 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1250 Leighton Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1250 Leighton Ave

Public county record property details
Beds
4
Baths
3
Year built
1911
Sq. Ft.
3,414
Lot Size
7,812
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5037-003-005

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1250 Leighton Ave

Nearby Homes for Sale

1317 W 40th Pl, Los Angeles, CA 90037
$1,100,000
5 Beds
4 Baths
2962 Sq.Ft.
1317 W 40th Pl
Los Angeles, CA 90037
3919 Halldale Ave, Los Angeles, CA 90062
$1,100,000
20 Beds
10 Baths
3250 Sq.Ft.
3919 Halldale Ave
Los Angeles, CA 90062
1420 W 39th St, Los Angeles, CA 90062
$1,100,000
8 Beds
5 Baths
4438 Sq.Ft.
1420 W 39th St
Los Angeles, CA 90062
3945 Denker Ave, Los Angeles, CA 90062
$1,240,000
11 Beds
6 Baths
4790 Sq.Ft.
3945 Denker Ave
Los Angeles, CA 90062
4112 Dalton Ave, Los Angeles, CA 90062
$1,249,000
6 Beds
4 Baths
3558 Sq.Ft.
4112 Dalton Ave
Los Angeles, CA 90062
3877 Denker Ave, Los Angeles, CA 90062
$1,300,000
9 Beds
6 Baths
3770 Sq.Ft.
3877 Denker Ave
Los Angeles, CA 90062
3734 S Harvard Blvd, Los Angeles, CA 90018
$999,999
6 Beds
3 Baths
2498 Sq.Ft.
3734 S Harvard Blvd
Los Angeles, CA 90018
3734 S Harvard Blvd, Los Angeles, CA 90018
$999,999
6 Beds
3 Baths
2498 Sq.Ft.
3734 S Harvard Blvd
Los Angeles, CA 90018
1301 W 36th St, Los Angeles, CA 90007
$1,250,000
5 Beds
3 Baths
1793 Sq.Ft.
1301 W 36th St
Los Angeles, CA 90007
862 W 41st St, Los Angeles, CA 90037
$1,100,000
5 Beds
0 Baths
2821 Sq.Ft.
862 W 41st St
Los Angeles, CA 90037
1266 W 35th Pl, Los Angeles, CA 90007
$995,000
11 Beds
6 Baths
1552 Sq.Ft.
1266 W 35th Pl
Los Angeles, CA 90007
1270 W 35th Pl, Los Angeles, CA 90007
$1,350,888
6 Beds
4 Baths
2358 Sq.Ft.
1270 W 35th Pl
Los Angeles, CA 90007

Recently Sold Homes Near 1250 Leighton Ave

1260 Leighton Ave, Los Angeles, CA 90037
$3,750,000 Last Sold Price
16 Beds
18 Baths
7864 Sq.Ft.
1260 Leighton Ave
Los Angeles, CA 90037
1265 Leighton Ave, Los Angeles, CA 90037
$2,275,000 Last Sold Price
22 Beds
22 Baths
5162 Sq.Ft.
1265 Leighton Ave
Los Angeles, CA 90037
1221 Browning Blvd, Los Angeles, CA 90037
$1,175,000 Last Sold Price
5 Beds
2 Baths
1806 Sq.Ft.
1221 Browning Blvd
Los Angeles, CA 90037
1215 Browning Blvd, Los Angeles, CA 90037
$1,033,213 Last Sold Price
8 Beds
5 Baths
2839 Sq.Ft.
1215 Browning Blvd
Los Angeles, CA 90037

Related Resources to 1250 Leighton Ave

New Listings in 90037
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote