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1250 S Record Ave, Los Angeles, CA 90023
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1250 S Record Ave Los Angeles, CA 90023

$825,000 Sold Price as of 01/05/2022
  • 6 Beds
  • 3 Baths
  • 2,834 Sq.Ft.
Sold
$825,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 1250 S Record Ave, Los Angeles, CA 90023

Property Overview: 1250 S Record Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,834 living square feet and 6,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: **Wonderful 2008 duplex in a prime location. 2 units. Close to freeways, shopping, and schools. Don't miss out!This is the perfect opportunity to get into an income property in Southern California. The property has been owner occupied and owned by the same family for many years. The units have been very well maintained over the years and will generate great income. !Front unit,two story features 4 Bed 3 Bath with kitchen, living room and dining room. Rear unit features 2 Bed 1 Bath with kitchen, living room and dining room. Driveways to each side of the property allows parking for more than 6 vehicles.Big Lot Size with front, center and back patio areas. This is a must see!

Listed by ROCIO SARAHI DE DIOS SANCHEZ | BRE #02005254 | ALTICORE REALTY
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,485
HOA Dues
$0/mo
Year built
2008
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV21244892
City
Los Angeles
County
Los Angeles
Time on Site
1045 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,800
  • Net Operating Income: $47,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,300
  • Electric: $1,300
  • Gas/Fuel: $0
  • Trash: $200
  • Insurance: $1,500
  • Water/Sewer: $300

Property Details for 1250 S Record Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • Basement, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Balcony, Ceiling Fan(s), Granite Counters
  • Levels: One, Two
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5241005014
  • Year Built Source: Assessor
  • Property is not Attached
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
Location / Neighborhood
Location Information
  • Directions: Use navigation
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

Local Los Angeles Agent

Sale History for 1250 S Record Ave

Last sold for $825,000 on January 5th, 2022

  • January, 2022

  • Jan 6, 2022

    Date

    Sold

    CRMLS: IV21244892

    $825,000

    Price

  • October, 1996

  • Oct 1, 1996

    Date

    Sold (Public Records)

    Public Records

    $107,000

    Price

Show More

Tax History for 1250 S Record Ave

Assessed Value (2020): $403,691
Year Land Value Improved Value Assessed Value
2020 $143,777 $259,914 $403,691

Home Value Compared to the Market

This property vs the competition

1250 S Record Ave sold on January 5, 2022 for 33.04% 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 $264.64 per/sqft which puts the price per square foot 63.45% lower than the current median sale per square foot for the city of Los Angeles.

About 1250 S Record Ave

Detailed summary of property

1250 S Record Ave is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,834 living square feet, and sits on an approximately 6,485 square foot lot. 1250 S Record Ave was first listed on ArdentRealEstateGroup.com on November 9, 2021. The homeowner sold the property for $825,000. 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 33.04% lower than the current median priced home. Local homes that are currently for sale include 127 S Evergreen Ave, 923 N Alma Ave and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 106 days, 1250 S Record Ave 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 1250 S Record Ave Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1250 S Record Ave

Public county record property details
Beds
6
Baths
4
Year built
2008
Sq. Ft.
2,834
Lot Size
6,484
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5241-005-014

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
18
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

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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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