1287 Devon Ave, Los Angeles, CA 90024
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1287 Devon Ave Los Angeles, CA 90024

$2,250,000 Sold Price as of 08/28/2023
  • 4 Beds
  • 4 Baths
  • 3,135 Sq.Ft.
Sold
$2,250,000 Sold Price as of 08/28/2023 Refinance Your Mortgage

Map preview of 1287 Devon Ave, Los Angeles, CA 90024

Property Overview: 1287 Devon Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,135 living square feet and 4,842 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DELIVERED VACANT! Fabulous LARGE DUPLEX on coveted Devon; both units feel like single family homes. #1289 the rear unit, has been freshly painted & partially renovated w/gorgeous new hardwood floors, 2 fireplaces, new lighting fixtures & some new kitchen appliances. Featuring one bedroom down, w/two spacious bedrooms up - one w/a large balcony overlooking views of the Wilshire Corridor, the other w/a classic brick fireplace & sitting area. #1287 - the front unit, is spacious w/a large living room & dining room, hardwood floors, 1 bedroom, 1 full bath & a 1/2 bath. Both are ready to move in w/just your personal touches added. Rents are projected, both units will be delivered vacant. See "VIRTUAL TOUR" & "PROPERTY WEBSITE" for Matterport tours of both units. Please see Docs section of MLS for Offer Guidelines and Legal Disclaimers.

Listed by Patrick Martin | BRE #01306122 | Sotheby's International Realty
Last checked: 2 minutes ago | Last updated: August 29th, 2023 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
4,842
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23288591
City
Los Angeles
County
Los Angeles
Time on Site
307 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $6,500
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $1
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 1287 Devon Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door, Side by Side
Property Information
  • Total # of Units: 2
  • Parcel Number: 4327012020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Below Wilshire, East of Beverly Glen
View more facts & features

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Sale History for 1287 Devon Ave

Last sold for $2,250,000 on August 28th, 2023
  • August, 2023

  • Aug 28, 2023

    Date

    Sold

    CRMLS: 23288591

    $2,250,000

    Price

  • Jul 9, 2023

    Date

    Active

    CRMLS: 23288591

    $2,195,000

    Price

  • December, 2004

  • Dec 27, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1287 Devon Ave

Assessed Value (2020): $1,017,822
Year Land Value Improved Value Assessed Value
2020 $891,166 $126,656 $1,017,822

Home Value Compared to the Market

This property vs the competition

1287 Devon Ave sold on August 28, 2023 for 84.45% 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 $700.16 per/sqft which puts the price per square foot 7.26% lower than the current median sale per square foot for the city of Los Angeles.

About 1287 Devon Ave

Detailed summary of property

1287 Devon Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,135 living square feet, and sits on an approximately 4,842 square foot lot. 1287 Devon Ave was first listed on ArdentRealEstateGroup.com on July 9, 2023. The homeowner sold the property for $2,250,000. 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 84.45% higher than the current median priced home. Local homes that are currently for sale include 3709 S Bentley Ave, 3757 Veteran Ave and 12188 W Sunset Blvd. While the average home in Los Angeles, CA is selling in 93 days, 1287 Devon Ave has a days on market of 33 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1287 Devon Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1287 Devon Ave

Public county record property details
Beds
4
Baths
3
Year built
1941
Sq. Ft.
3,135
Lot Size
4,842
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
4327-012-020

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,449,000
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$745
Total Inventory
168
Median Sale to List Price %
96.53%
Avg Days on Market
48
Loan Type
Conventional (6.06%), FHA (0%), VA (0%), Cash (12.12%), Other (6.06%)

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Related Resources to 1287 Devon Ave

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.