130 E 73Rd St, Los Angeles, CA 90003
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130 E 73Rd St Los Angeles, CA 90003

$860,000 Sold Price as of 05/31/2022
  • 4 Beds
  • 6 Baths
  • 2,294 Sq.Ft.
Sold
$860,000 Sold Price as of 05/31/2022 Refinance Your Mortgage

Map preview of 130 E 73Rd St, Los Angeles, CA 90003

Property Overview: 130 E 73Rd St Los Angeles, CA has 4 bedrooms, 6 bathrooms, 2,294 living square feet and 7,795 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wow 4 rental units in the heart of Los Angeles, a short drive to the new SoFi Stadium… Honey stop the car! The front unit features a 3 bedroom 3 bath single family house with kitchen and bathrooms both updated. (owner has the Master bedroom including its own bath/kitchenette and separate entry, partitioned for added rental income currently making this 4 units, perfect for housing extra family members!) There is a detached 4 car garage (+bonus room) in the rear of the property. Although no electrical or water currently this bonus room could easily convert to a 5th unit. There are 2 additional 1 bed / 1 bath units above the garage (one recently remodeled), the other is tenant occupied and will remain so at COE , both including in unit washer/dryers, Three of the current units are separately metered for gas, electrical, and water. There is huge potential to build your very own compound or collect an estimated $76,800 each year in rental income the choice is yours! The rare 7795 sq ft lot offers plenty of parking ( 15-17 cars easily) /or recreational space for RV parking, bring your magic touch and the opportunities to create and thrive are truly unlimited! Centrally located in one the most expensive cities in the world...What more can you ask for? 1 bedroom unit is currently rented and tenant occupied, all other units will be delivered vacant at closing so set your own rents!

Listed by Amir Shain | BRE #01873224 | Alexander Lux Properties Inc.
Last checked: 14 minutes ago | Last updated: May 31st, 2022 | Source CRMLS | DOM: 224

Home details

Lot Sq. Ft
7,795
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
SB21175904
City
Los Angeles
County
Los Angeles
Time on Site
1145 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.12%
  • Gross Rent Multiplier: 16.71
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $65,664
  • Gross Operating Income: $72,960
  • Gross Spendable Income: $3,388
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $7,296
  • Electric: $1,200
  • Trash: $600
  • Insurance: $1,000
  • Water/Sewer: $360

Property Details for 130 E 73Rd St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 19
  • Has Parking
  • Parking Features: Auto Driveway Gate, Built-In Storage, Driveway, Garage, Garage Faces Front, Gated, Guest, On Site, Private, RV Potential, Uncovered
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6022002008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Florence East right on Main st Let on E130th
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

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Sale History for 130 E 73Rd St

Last sold for $860,000 on May 31st, 2022
  • January, 2022

  • Jan 28, 2022

    Date

    Active Under Contract

    CRMLS: SB21175904

    $1,199,900

    Price

  • Aug 24, 2021

    Date

    Active

    CRMLS: SB21175904

    $1,199,900

    Price

  • Aug 11, 2021

    Date

    Coming Soon

    CRMLS: SB21175904

    $1,199,900

    Price

  • May, 2001

  • May 7, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 130 E 73Rd St

Assessed Value (2020): $316,882
Year Land Value Improved Value Assessed Value
2020 $165,330 $151,552 $316,882

Home Value Compared to the Market

This property vs the competition

130 E 73Rd St sold on May 31, 2022 for 17.41% 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 $403.23 per/sqft which puts the price per square foot 44.31% lower than the current median sale per square foot for the city of Los Angeles.

About 130 E 73Rd St

Detailed summary of property

130 E 73Rd St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 4 bedrooms, 6 bathrooms, roughly 2,294 living square feet, and sits on an approximately 7,795 square foot lot. 130 E 73Rd St was first listed on ArdentRealEstateGroup.com on August 11, 2021. The homeowner sold the property for $860,000. 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 17.41% lower than the current median priced home. Local homes that are currently for sale include 441 W 69th St, 6211 S San Pedro St and 319 W 81st St. While the average home in Los Angeles, CA is selling in 106 days, 130 E 73Rd St has a days on market of 224 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 130 E 73Rd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 130 E 73Rd St

Public county record property details
Beds
5
Baths
4
Year built
1926
Sq. Ft.
2,294
Lot Size
7,795
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
6022-002-008

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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.