1308 Masselin Ave, Los Angeles, CA 90019
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1308 Masselin Ave Los Angeles, CA 90019

$1,735,000 Sold Price as of 07/18/2022
  • 6 Beds
  • 3 Baths
  • 3,074 Sq.Ft.
Sold
$1,735,000 Sold Price as of 07/18/2022 Refinance Your Mortgage

Map preview of 1308 Masselin Ave, Los Angeles, CA 90019

Property Overview: 1308 Masselin Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 3,074 living square feet and 6,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare, VACANT, highly sought-after investment or owner-user opportunity with a tenant to help cover part of the mortgage in the prime area of Wilshire Vista. This duplex offers a traditional design, filled with natural light that gleams on polished hardwood flooring. Expansive primary unit has 2 bedrooms, large den/office that feels like a 3rd bedroom, and 1.5 baths. Sunlit secondary residence treats tenants to a 2-bedroom, 1-bath layout. Both Units have private entrances from the flagstone courtyard and enjoy the benefit of a nicely landscaped back lawn, vine-covered pergola, and a single-car garage. Driveway accommodates multiple vehicles through tandem parking. Unbeatable location close to the amenities of Pico Blvd., West Hollywood, LACMA, The Grove, major transportation routes, and so much more. Everything you could ask for awaits in this vacant duplex. 1310 Masselin Virtual Tour is under the 'Property Website' link. 1st Review of Offers is Wednesday (6/15/22)

Listed by Ricky Mitchell | BRE #02071069 | The Passman Group, Inc.
Co-listed by Samuel Plotkin | BRE #01868656 | The Passman Group, Inc.
Last checked: 7 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,140
HOA Dues
$0/mo
Year built
1927
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
22164989
City
Los Angeles
County
Los Angeles
Time on Site
711 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1308 Masselin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
  • Family Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Security Features: Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Tandem Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5085030018
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: West Pico Blvd, North on Masselin Ave
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Sale History for 1308 Masselin Ave

Last sold for $1,735,000 on July 18th, 2022
  • July, 2022

  • Jul 18, 2022

    Date

    Sold

    CRMLS: 22164989

    $1,735,000

    Price

  • Jun 8, 2022

    Date

    Active

    CRMLS: 22164989

    $1,750,000

    Price

  • June, 2007

  • Jun 18, 2007

    Date

    Sold (Public Records)

    Public Records

    $920,000

    Price

  • January, 1996

  • Jan 25, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1308 Masselin Ave

Assessed Value (2020): $1,201,018
Year Land Value Improved Value Assessed Value
2020 $811,268 $389,750 $1,201,018

Home Value Compared to the Market

This property vs the competition

1308 Masselin Ave sold on July 18, 2022 for 47.06% 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 $569.29 per/sqft which puts the price per square foot 24.6% lower than the current median sale per square foot for the city of Los Angeles.

About 1308 Masselin Ave

Detailed summary of property

1308 Masselin Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 3,074 living square feet, and sits on an approximately 6,140 square foot lot. 1308 Masselin Ave was first listed on ArdentRealEstateGroup.com on June 8, 2022. The homeowner sold the property for $1,735,000. 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 47.06% higher than the current median priced home. Local homes that are currently for sale include 1125 Hi Point St, 5134 W Washington Blvd and 1325 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 92 days, 1308 Masselin Ave has a days on market of 8 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1308 Masselin Ave 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 1308 Masselin Ave

Public county record property details
Beds
4
Baths
4
Year built
1927
Sq. Ft.
3,074
Lot Size
6,139
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
240
APN
5085-030-018

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1308 Masselin 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.