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1265 Leighton Ave, Los Angeles, CA 90037
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1265 Leighton Ave Los Angeles, CA 90037

$2,275,000 Sold Price as of 07/22/2021
  • 22 Beds
  • 22 Baths
  • 5,162 Sq.Ft.
Sold
$2,275,000 Sold Price as of 07/22/2021 Refinance Your Mortgage
Map preview of 1265 Leighton Ave, Los Angeles, CA 90037

Property Overview: 1265 Leighton Ave Los Angeles, CA has 22 bedrooms, 22 bathrooms, 5,162 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DreamSpace Developments is proud to present this custom USC Adjacent Brand New Construction Fourplex. Just two blocks from USC campus and the Banc of California Stadium. Prime Central Location. Projected 5.45%+ Cap Rate . Designer finishes throughout, NO RENT CONTROL , Open Floor Plans,Spacious Large Custom Built-in Closets, Upscale Kitchen+ Appliances included +Washer and Dryer per unit. Separate Gas,Water, and Electric meters.( 2-2BD/2BTH approx 866 Sq Ft- Projected Rent @$3,200)( 2-3BD/3TH approx 1,388 sq ft Projected Rent @$3,800) To access PEAD (Property Entry Advisory and Declaration) forms, which help you maintain compliance with CDC and DRE recommendations during the COVID-19 pandemic.

Listed by Irina Yakubchuk | BRE #01980189 | The Agency
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
2021
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21697004
City
Los Angeles
County
Los Angeles
Time on Site
1178 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: --
  • Net Operating Income: $126,000
  • Gross Operating Income: $168,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1265 Leighton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door, Private
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5037005019
  • Architectural Style: Modern
  • Offered With Property: Refrigerator, Dishwasher, Microwave, Washer and Dryer
Location / Neighborhood
Location Information
  • Directions: Vermont/Martin Lurther King Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1265 Leighton Ave

Last sold for $2,275,000 on July 22nd, 2021

  • July, 2021

  • Jul 22, 2021

    Date

    Sold

    CRMLS: 21697004

    $2,275,000

    Price

  • Mar 24, 2021

    Date

    Active Under Contract

    CRMLS: 21697004

    $2,295,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: 21697004

    $2,295,000

    Price

  • January, 2020

  • Jan 10, 2020

    Date

    Sold

    CRMLS: PW19285288

    $830,000

    Price

  • Dec 24, 2019

    Date

    Active Under Contract

    CRMLS: PW19285288

    $830,000

    Price

  • Dec 24, 2019

    Date

    Active

    CRMLS: PW19285288

    $830,000

    Price

  • Listing provided courtesy of CRMLS

    For MLS purposes only.

  • January, 2020

  • Jan 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

  • January, 1997

  • Jan 15, 1997

    Date

    Sold (Public Records)

    Public Records

    $122,500

    Price

Show More

Tax History for 1265 Leighton Ave

Assessed Value (2020): $182,407
Year Land Value Improved Value Assessed Value
2020 $136,254 $46,153 $182,407

Home Value Compared to the Market

This property vs the competition

1265 Leighton Ave sold on July 22, 2021 for 92.86% higher 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 $444.6 per/sqft which puts the price per square foot 41.11% lower than the current median sale per square foot for the city of Los Angeles.

About 1265 Leighton Ave

Detailed summary of property

1265 Leighton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 22 bedrooms, 22 bathrooms, roughly 5,162 living square feet, and sits on an approximately 6,750 square foot lot. 1265 Leighton Ave was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $2,275,000. 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 92.86% higher than the current median priced home. Local homes that are currently for sale include 4180 Garthwaite Ave, 2143 Portland St and 1731 S New Hampshire Ave. While the average home in Los Angeles, CA is selling in 94 days, 1265 Leighton Ave has a days on market of 26 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 1265 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 1265 Leighton Ave

Public county record property details
Beds
3
Baths
1
Year built
1906
Sq. Ft.
1,676
Lot Size
6,749
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
5037-005-019

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?

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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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