Search
1319 Masselin Ave, Los Angeles, CA 90019
View Photos

1319 Masselin Ave Los Angeles, CA 90019

$1,775,000 Sold Price as of 09/04/2020
  • 8 Beds
  • 7 Baths
  • -- Sq.Ft.
Sold
$1,775,000 Sold Price as of 09/04/2020 Refinance Your Mortgage
Map preview of 1319 Masselin Ave, Los Angeles, CA 90019

Property Overview: 1319 Masselin Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, -- living square feet and 5,820 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1319 Masselin Avenue is a classic 1950'e era apartment building located in the Wilshire-Vista area of Mid-City Los Angeles. The property is on a quiet street in a very strong rental area that is close to all. It is an easy drive to West LA, Beverly Hills, Hollywood and DTLA. The building has been well maintained by the long-term owner and the Los Angeles City mandated soft-story retrofit work has been completed. Seller intends on completing a 1031 Exchange. This transaction will be coordinated with the simultaneous close of another downleg property. 6 of the units are paying an additional $38 in rent for the soft-story retrofit pass through. Please do not walk on property or disturb tenants in any way. Please see rent roll & full marketing package attached in (documents section). Please do not send text messages to listing agent for status, telephone calls are preferred.

Listed by James Gilb | BRE #00998653 | Miller & Desatnik Realty Co.
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,820
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20591110
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,423
  • Total Rent: $1,423
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,175
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.76
  • Gross Scheduled Income: --
  • Net Operating Income: $82,235
  • Gross Operating Income: $125,212
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1319 Masselin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 7
  • Parcel Number: 5085029027
  • Architectural Style: Mid Century Modern
Location / Neighborhood
Location Information
  • Directions: South of San Vicente Blvd, North of Pico Blvd, West of Hauser Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1319 Masselin Ave

Last sold for $1,775,000 on September 4th, 2020

  • September, 2020

  • Sep 4, 2020

    Date

    Sold

    CRMLS: 20591110

    $1,775,000

    Price

  • Jul 27, 2020

    Date

    Pending

    CRMLS: 20591110

    $2,029,000

    Price

  • Jul 6, 2020

    Date

    Active Under Contract

    CRMLS: 20591110

    $2,029,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: 20591110

    $2,029,000

    Price

  • September, 2020

  • Sep 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,775,000

    Price

  • December, 1998

  • Dec 18, 1998

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

Show More

Tax History for 1319 Masselin Ave

Assessed Value (2020): $537,539
Year Land Value Improved Value Assessed Value
2020 $394,199 $143,340 $537,539

Home Value Compared to the Market

This property vs the competition

1319 Masselin Ave sold on September 4, 2020 for 70.5% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1319 Masselin Ave

Detailed summary of property

1319 Masselin Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 7 bathrooms, roughly -- living square feet, and sits on an approximately 5,820 square foot lot. 1319 Masselin Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,775,000. 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 70.5% higher than the current median priced home. Local homes that are currently for sale include 1325 S Mansfield Ave, 1504 S Mansfield Ave and 2000 Clyde Ave. While the average home in Los Angeles, CA is selling in 94 days, 1319 Masselin Ave has a days on market of 20 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1319 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 1319 Masselin Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
4,807
Lot Size
5,820
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
200
APN
5085-029-027

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
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
67
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1319 Masselin Ave

Nearby Homes for Sale

1371 Masselin Ave, Los Angeles, CA 90019
$1,500,000
6 Beds
3 Baths
2525 Sq.Ft.
1371 Masselin Ave
Los Angeles, CA 90019
1363 Hauser Blvd, Los Angeles, CA 90019
$1,475,000
10 Beds
10 Baths
3352 Sq.Ft.
1363 Hauser Blvd
Los Angeles, CA 90019
1414 S Sierra Bonita Ave, Los Angeles, CA 90019
$1,600,000
20 Beds
10 Baths
5313 Sq.Ft.
1414 S Sierra Bonita Ave
Los Angeles, CA 90019
1358 S Cochran Ave, Los Angeles, CA 90019
$1,895,000
8 Beds
8 Baths
5100 Sq.Ft.
1358 S Cochran Ave
Los Angeles, CA 90019
1612 S Sierra Bonita Ave, Los Angeles, CA 90019
$1,650,000
5 Beds
5 Baths
2506 Sq.Ft.
1612 S Sierra Bonita Ave
Los Angeles, CA 90019
1455 S Genesee Ave, Los Angeles, CA 90019
$1,595,000
6 Beds
4 Baths
4380 Sq.Ft.
1455 S Genesee Ave
Los Angeles, CA 90019
843 S Curson Ave, Los Angeles, CA 90036
$1,999,000
9 Beds
6 Baths
3936 Sq.Ft.
843 S Curson Ave
Los Angeles, CA 90036
812 Alandele Ave, Los Angeles, CA 90036
$2,125,000
6 Beds
3 Baths
4345 Sq.Ft.
812 Alandele Ave
Los Angeles, CA 90036
806 Alandele Ave, Los Angeles, CA 90036
$1,850,000
7 Beds
3 Baths
3194 Sq.Ft.
806 Alandele Ave
Los Angeles, CA 90036
1831 S Redondo Blvd, Los Angeles, CA 90019
$1,950,000
24 Beds
24 Baths
3720 Sq.Ft.
1831 S Redondo Blvd
Los Angeles, CA 90019
1236 Hi Point St, Los Angeles, CA 90035
$1,885,000
4 Beds
2 Baths
2880 Sq.Ft.
1236 Hi Point St
Los Angeles, CA 90035
5134 W Washington Blvd, Los Angeles, CA 90016
$1,999,000
3 Beds
13 Baths
3526 Sq.Ft.
5134 W Washington Blvd
Los Angeles, CA 90016

Recently Sold Homes Near 1319 Masselin Ave

1325 Masselin Ave, Los Angeles, CA 90019
$1,559,000 Last Sold Price
8 Beds
4 Baths
5056 Sq.Ft.
1325 Masselin Ave
Los Angeles, CA 90019
1308 Masselin Ave, Los Angeles, CA 90019
$1,735,000 Last Sold Price
6 Beds
3 Baths
3074 Sq.Ft.
1308 Masselin Ave
Los Angeles, CA 90019
1356 Masselin Ave, Los Angeles, CA 90019
$1,435,000 Last Sold Price
6 Beds
2 Baths
3180 Sq.Ft.
1356 Masselin Ave
Los Angeles, CA 90019
1366 Masselin Ave, Los Angeles, CA 90019
$1,625,000 Last Sold Price
5 Beds
4 Baths
2750 Sq.Ft.
1366 Masselin Ave
Los Angeles, CA 90019

Related Resources to 1319 Masselin Ave

New Listings in 90019
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote