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1267 S Herbert Ave, Los Angeles, CA 90023
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1267 S Herbert Ave Los Angeles, CA 90023

$679,000 Sold Price as of 10/21/2019
  • 8 Beds
  • 3 Baths
  • 2,124 Sq.Ft.
Sold
$679,000 Sold Price as of 10/21/2019 Refinance Your Mortgage
Map preview of 1267 S Herbert Ave, Los Angeles, CA 90023

Property Overview: 1267 S Herbert Ave Los Angeles, CA has 8 bedrooms, 3 bathrooms, 2,124 living square feet and 6,158 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3 units in a good area close to the outlet and shopping center, no rent control, great INCOME PROPERTY

Listed by Javier Sosa | BRE #01711103 | 20/20 Realtors, Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,158
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS19192984
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,600
  • Net Operating Income: $38,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,600
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,375
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $1,600

Property Details for 1267 S Herbert Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5242016022
  • 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: E Olympic n S herbert
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1267 S Herbert Ave

Last sold for $679,000 on October 21st, 2019

  • October, 2019

  • Oct 22, 2019

    Date

    Sold

    CRMLS: RS19192984

    $679,000

    Price

  • Sep 4, 2019

    Date

    Active Under Contract

    CRMLS: RS19192984

    $669,000

    Price

  • Aug 13, 2019

    Date

    Active

    CRMLS: RS19192984

    $669,000

    Price

  • October, 2019

  • Oct 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $679,000

    Price

  • August, 2019

  • Aug 7, 2019

    Date

    Canceled

    CRMLS: SR17261449

    $599,000

    Price

  • Dec 12, 2017

    Date

    Pending

    CRMLS: SR17261449

    $599,000

    Price

  • Dec 5, 2017

    Date

    Hold

    CRMLS: SR17261449

    $599,000

    Price

  • Nov 20, 2017

    Date

    Price Change

    CRMLS: SR17261449

    $599,000

    Price

  • Nov 20, 2017

    Date

    Active

    CRMLS: SR17261449

    $579,000

    Price

  • Listing provided courtesy of CRMLS

    Nice 3 Unit property right off freeway. Near Citadel outlets. No rent control. Get it while it last.

  • March, 2015

  • Mar 27, 2015

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

Show More

Tax History for 1267 S Herbert Ave

Assessed Value (2020): $679,480
Year Land Value Improved Value Assessed Value
2020 $400,000 $279,480 $679,480

Home Value Compared to the Market

This property vs the competition

1267 S Herbert Ave sold on October 21, 2019 for 40.27% 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 $314.97 per/sqft which puts the price per square foot 56.5% lower than the current median sale per square foot for the city of Los Angeles.

About 1267 S Herbert Ave

Detailed summary of property

1267 S Herbert Ave is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 8 bedrooms, 3 bathrooms, roughly 2,124 living square feet, and sits on an approximately 6,158 square foot lot. 1267 S Herbert Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $679,000. 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 40.27% lower than the current median priced home. Local homes that are currently for sale include 722 Belden Ave, 1014 Sentinel Ave and 2821 Blanchard St. While the average home in Los Angeles, CA is selling in 106 days, 1267 S Herbert Ave has a days on market of 18 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 1267 S Herbert 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 1267 S Herbert Ave

Public county record property details
Beds
5
Baths
3
Year built
1961
Sq. Ft.
2,124
Lot Size
6,158
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5242-016-022

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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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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