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1259 E Vernon Ave, Los Angeles, CA 90011
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1259 E Vernon Ave Los Angeles, CA 90011

$555,000 Sold Price as of 04/01/2020
  • 4 Beds
  • 3 Baths
  • 2,086 Sq.Ft.
Sold
$555,000 Sold Price as of 04/01/2020 Refinance Your Mortgage
Map preview of 1259 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 1259 E Vernon Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,086 living square feet and 5,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful 3 units in Los Angeles. New windows. New kitchen cabinets and granite. New fence. New ceiling fans. And many upgrades.

Listed by RODDY KOHEI | BRE #01171018 | VICTORIAN REALTY
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 216

Home details

Lot Sq. Ft
5,398
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19166319
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $973
  • Total Rent: $973
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $981
  • Total Rent: $981
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,419
  • Total Rent: $1,419
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,476
  • Net Operating Income: $30,466
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,011
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,860
  • Trash: $0
  • Insurance: $2,151
  • Water/Sewer: $3,000

Property Details for 1259 E Vernon Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
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: 3
  • Parcel Number: 5115035025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Hooper Ave / East of S Central Ave / North of Slauson Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1259 E Vernon Ave

Last sold for $555,000 on April 1st, 2020

  • April, 2020

  • Apr 1, 2020

    Date

    Sold

    CRMLS: CV19166319

    $555,000

    Price

  • Feb 14, 2020

    Date

    Pending

    CRMLS: CV19166319

    $559,900

    Price

  • Jan 7, 2020

    Date

    Price Change

    CRMLS: CV19166319

    $559,900

    Price

  • Nov 15, 2019

    Date

    Price Change

    CRMLS: CV19166319

    $560,000

    Price

  • Aug 27, 2019

    Date

    Price Change

    CRMLS: CV19166319

    $580,000

    Price

  • Aug 21, 2019

    Date

    Price Change

    CRMLS: CV19166319

    $599,500

    Price

  • Jul 13, 2019

    Date

    Active

    CRMLS: CV19166319

    $600,000

    Price

  • April, 2020

  • Apr 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $555,000

    Price

  • February, 2019

  • Feb 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

Show More

Tax History for 1259 E Vernon Ave

Assessed Value (2020): $447,780
Year Land Value Improved Value Assessed Value
2020 $285,600 $162,180 $447,780

Home Value Compared to the Market

This property vs the competition

1259 E Vernon Ave sold on April 1, 2020 for 50.45% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $268.41 per/sqft which puts the price per square foot 64.4% lower than the current median sale per square foot for the city of Los Angeles.

About 1259 E Vernon Ave

Detailed summary of property

1259 E Vernon Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,086 living square feet, and sits on an approximately 5,398 square foot lot. 1259 E Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $555,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.45% lower than the current median priced home. Local homes that are currently for sale include 1253 W 65th St, 936 E 91st St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 98 days, 1259 E Vernon Ave has a days on market of 216 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1259 E Vernon Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1259 E Vernon Ave

Public county record property details
Beds
3
Baths
3
Year built
1921
Sq. Ft.
2,086
Lot Size
5,397
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5115-035-025

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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