131 W 70Th St, Los Angeles, CA 90003
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131 W 70Th St Los Angeles, CA 90003

$759,000 Sold Price as of 10/17/2022
  • 5 Beds
  • 3 Baths
  • 1,624 Sq.Ft.
Sold
$759,000 Sold Price as of 10/17/2022 Refinance Your Mortgage

Map preview of 131 W 70Th St, Los Angeles, CA 90003

Property Overview: 131 W 70Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,624 living square feet and 5,146 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing 3 unit property in Prime area of LA. All units will be VACANT at COE. Property includes a duplex in front of property with 1 bedroom and 1 bath. Each have there own private yard with lots of space. Also has a 3 bedrrom 1 bath in the back of property includes a 2 car carport with lots of space. The 3 bedroom has been remodeled and kitchen updated, recently. Perfect for 1st time buyers or investment.

Listed by Eduardo Sandoval | BRE #01209651 | Excellence Real Estate HD
Last checked: 14 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
5,146
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22180363
City
Los Angeles
County
Los Angeles
Time on Site
774 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,900
  • Net Operating Income: $2,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $600
  • Insurance: $1,000
  • Water/Sewer: $2,400

Property Details for 131 W 70Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Quartz Counters
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6012009027
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: ALL ATTACHED
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take Florence west make a RIGHT ON Main st. then a right on 70th st.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 131 W 70Th St

Last sold for $759,000 on October 17th, 2022
  • October, 2022

  • Oct 17, 2022

    Date

    Sold

    CRMLS: DW22180363

    $759,000

    Price

  • Aug 15, 2022

    Date

    Active

    CRMLS: DW22180363

    $799,900

    Price

  • February, 1997

  • Feb 5, 1997

    Date

    Sold (Public Records)

    Public Records

    $105,000

    Price

Show More

Tax History for 131 W 70Th St

Assessed Value (2020): $156,346
Year Land Value Improved Value Assessed Value
2020 $59,556 $96,790 $156,346

Home Value Compared to the Market

This property vs the competition

131 W 70Th St sold on October 17, 2022 for 33.04% 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 $461.76 per/sqft which puts the price per square foot 36.22% lower than the current median sale per square foot for the city of Los Angeles.

About 131 W 70Th St

Detailed summary of property

131 W 70Th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,624 living square feet, and sits on an approximately 5,146 square foot lot. 131 W 70Th St was first listed on ArdentRealEstateGroup.com on August 16, 2022. The homeowner sold the property for $759,000. 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 33.04% lower than the current median priced home. Local homes that are currently for sale include 7704 S Grand Ave, 6002 Wall St and 154 W 59th Pl. While the average home in Los Angeles, CA is selling in 106 days, 131 W 70Th St has a days on market of 31 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 131 W 70Th 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 131 W 70Th St

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
1,624
Lot Size
5,145
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
6012-009-027

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.