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1255 S Mullen Ave, Los Angeles, CA 90019
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1255 S Mullen Ave Los Angeles, CA 90019

$1,390,000 Sold Price as of 04/29/2022
  • 12 Beds
  • 6 Baths
  • 2,576 Sq.Ft.
Sold
$1,390,000 Sold Price as of 04/29/2022 Refinance Your Mortgage
Map preview of 1255 S Mullen Ave, Los Angeles, CA 90019

Property Overview: 1255 S Mullen Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 2,576 living square feet and 5,580 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful Tri-Plex with great potential, just South of Hancock Park area. Front unit is a free standing single family California Craftsman with two story duplex located at the rear of the lot with 3 car garage in-between. Front Home consists of Two Bedrooms and One bath, Dining Area and Kitchen with laundry area and direct access to back yard. The two units at the rear of the property are 2+1 each (one upstairs and one downstairs). The upper unit is currently vacant and easy to show, front house can be shown with proof of funds and down payment and can be delivered vacant, the third unit can only be shown with an accepted offer. This is a wonderful opportunity for investors and/or owner users. Centrally located in mid-town, close to freeway access, and shops/restaurants on Pico. Possibilities are unlimited. Trust sale.

Listed by James Hancock | BRE #00946077 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: May 2nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
5,580
HOA Dues
$0/mo
Year built
1926
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
22132821
City
Los Angeles
County
Los Angeles
Time on Site
931 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,138
  • Total Rent: $1,138
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1255 S Mullen Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5083031051
  • Architectural Style: Bungalow
Location / Neighborhood
Location Information
  • Directions: North of Pico, South of Olympic, just East of Rimpau.
View more facts & features

Local Los Angeles Agent

Sale History for 1255 S Mullen Ave

Last sold for $1,390,000 on April 29th, 2022

  • April, 2022

  • Apr 29, 2022

    Date

    Sold

    CRMLS: 22132821

    $1,390,000

    Price

  • Mar 2, 2022

    Date

    Active

    CRMLS: 22132821

    $1,295,000

    Price

  • November, 2018

  • Nov 7, 2018

    Date

    Canceled

    CRMLS: RS18255365

    $950,000

    Price

  • Nov 6, 2018

    Date

    Hold

    CRMLS: RS18255365

    $950,000

    Price

  • Nov 6, 2018

    Date

    Withdrawn

    CRMLS: RS18255365

    $950,000

    Price

  • Oct 21, 2018

    Date

    Active

    CRMLS: RS18255365

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    THIS MULTI FAMILY TRIPLEX WITH A DETACH 2 BEDROOM 1 BATH SINGLE FAMILY HOME AND A LARGE LOT WITH 2 UNITS, 2 BEDROOM AND 1 BATH EACH IN THE REAR. TOTAL OF 6 BEDROOMS AND 3 BATHS. LOCATED IN ONE OF THE MOST SOUGHT AFTER AREAS OF LOS ANGELES. LOCATED WITHIN WALKING DISTANCE TO NEAR NEW SHOPPING CENTER AND RESTAURANTS. THE PROPERTY HAS BEEN WELL MAINTAIN. THE MAIN HOUSE AND ONE 2 BEDROOM UNIT WILL BE DELIVER VACANT. 3 CAR GARAGE IN THE REAR OF THE PROPERTY. MINOR UPGRADES WILL MAKE THIS PROPERTY A GREAT INVESTMENT OPPORTUNITY.

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Tax History for 1255 S Mullen Ave

Assessed Value (2020): $55,264
Year Land Value Improved Value Assessed Value
2020 $25,751 $29,513 $55,264

Home Value Compared to the Market

This property vs the competition

1255 S Mullen Ave sold on April 29, 2022 for 15.62% higher 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 $502.72 per/sqft which puts the price per square foot 30.56% lower than the current median sale per square foot for the city of Los Angeles.

About 1255 S Mullen Ave

Detailed summary of property

1255 S Mullen Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 2,576 living square feet, and sits on an approximately 5,580 square foot lot. 1255 S Mullen Ave was first listed on ArdentRealEstateGroup.com on March 3, 2022. The homeowner sold the property for $1,390,000. 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 15.62% higher than the current median priced home. Local homes that are currently for sale include 1379 S Orange Dr, 2204 Crenshaw Blvd and 1407 5th Ave. While the average home in Los Angeles, CA is selling in 106 days, 1255 S Mullen Ave has a days on market of 14 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 1255 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 1255 S Mullen Ave

Public county record property details
Beds
6
Baths
3
Year built
1926
Sq. Ft.
2,576
Lot Size
5,579
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5083-031-051

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%)

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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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