1272 Queen Anne Pl, Los Angeles, CA 90019
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1272 Queen Anne Pl Los Angeles, CA 90019

$999,100
  • 5 Beds
  • 3 Baths
  • 2,798 Sq.Ft.
For Sale
$999,100 Get Pre-Qualified

Map preview of 1272 Queen Anne Pl, Los Angeles, CA 90019

Property Overview: 1272 Queen Anne Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,798 living square feet and 6,278 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This property is a 3-Unit with two separate buildings. Two units in the front and one unit in the back. The units are two 2beds 1baths and the back unit is one large bedroom and one bathroom. We have long term tenants and under rent control. Please call to check other details. Great value if buyer knows how to optimize the value of the central location. Property is a few blocks away from Hollywood central. Check available discount and concession to buyers with current tenants.

Listed by Shegun Alabi | BRE #01234673 | Victory Realty Group
Co-listed by Trina Stone | BRE #01756324 | Victory Realty Group
Last checked: 15 minutes ago | Last updated: June 19th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
6,278
HOA Dues
$0/mo
Year built
1952
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
SR24100342
City
Los Angeles
County
Los Angeles
Time on Site
58 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $495
  • Total Rent: $495
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $495
  • Total Rent: $495
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $495
  • Total Rent: $495
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $17,820
  • Net Operating Income: $16,620
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $420
  • Insurance: $1,200
  • Professional Management: $1,650
  • Water/Sewer: $0

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Property Details for 1272 Queen Anne Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Baseboard
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5082010022
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: North of Pico Blvd and East of West Blvd
Neighborhood Information
  • Community Features: Urban
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Sale History for 1272 Queen Anne Pl

View property's historical transactions
  • May, 2024

  • May 17, 2024

    Date

    Active

    CRMLS: SR24100342

    $1,150,000

    Price

  • July, 2023

  • Jul 11, 2023

    Date

    Canceled

    CRMLS: SR22185474

    $1,200,000

    Price

  • Aug 22, 2022

    Date

    Active

    CRMLS: SR22185474

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Units shall be vacant. Motivated Seller. Prime investment opportunity located in opportunity zone. Queen Anne Place is a value-add, multi-family property in the heart of Los Angeles. First time on the market in 40 years. Property is positioned in an appealing mix of two 2 bedrooms and 1 bath and 1 single family home and a 2-car garage. A great investment opportunity to revitalize.

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Tax History for 1272 Queen Anne Pl

Assessed Value (2020): $223,689
Year Land Value Improved Value Assessed Value
2020 $136,552 $87,137 $223,689

Home Value Compared to the Market

This property vs the competition

1272 Queen Anne Pl is listed 16.74% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $357.08 per/sqft which puts the price per square foot 53.81% lower than the median price per square foot for the city of Los Angeles.

About 1272 Queen Anne Pl

Detailed summary of property

1272 Queen Anne Pl is a triplex located in Los Angeles, CA 90019 and is currently for sale. This triplex offers 5 bedrooms, 3 bathrooms, roughly 2,798 living square feet, and sits on an approximately 6,278 square foot lot. 1272 Queen Anne Pl was first listed on ArdentRealEstateGroup.com on May 17, 2024. The homeowner is currently asking $999,100 and was originally asking $1,150,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.74% lower than the median priced home. Local competing homes currently for sale include 1618 S Burnside Ave, 2242 W 29th St and 3721 Exposition Blvd. While the average home in Los Angeles, CA is selling in 101 days, 1272 Queen Anne Pl has a days on market of 58 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 1272 Queen Anne Pl 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 1272 Queen Anne Pl

Public county record property details
Beds
5
Baths
3
Year built
1952
Sq. Ft.
2,798
Lot Size
6,276
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35,36
APN
5082-010-022

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
$1,399,000
Median List Price/Sq.Ft.
$679
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
77
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 1272 Queen Anne Pl

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.