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1325 Douglas St, Los Angeles, CA 90026
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1325 Douglas St Los Angeles, CA 90026

$2,700,000
  • 8 Beds
  • 8 Baths
  • 3,456 Sq.Ft.
For Sale
$2,700,000 Get Pre-Qualified
Map preview of 1325 Douglas St, Los Angeles, CA 90026

Property Overview: 1325 Douglas St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,456 living square feet and 7,315 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover this prime investment opportunity in Echo Park with this historic 8-unit apartment building. Built in 1923, each charming 1-bed, 1-bath unit offers cozy living spaces. Totaling 3,456 sq ft on a 7,315 sq ft lot, this property is ideal for those seeking urban convenience. Zoned LARD1.5, it's located near Dodger's Stadium, Tsubaki, The Douglas, El Compadre, Stereoscope Coffee, Lowboy, Monty's Good Burger, and more.

Listed by Matias Stofenmacher | BRE #01705003 | Edgestone Real Estate, Inc.
Co-listed by Sebastian Stofenmacher | BRE #01328684 | Edgestone Real Estate, Inc.
Last checked: 10 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,315
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Apartment
Status
Active
MLS#
PW24079912
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 5
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $15,250
  • Total Rent: $15,250
  • Pro Forma/Market Rent: $19,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.93%
  • Gross Rent Multiplier: 15.21
  • Gross Scheduled Income: $182,998
  • Net Operating Income: $131,923
  • Gross Operating Income: --
  • Vacancy Allowance: $5,490
Annual Expense Breakdown
  • Total Operating Expense: $45,585
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $854
  • New Taxes: $31,320
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,186
  • Maintenance: $4,000
  • Professional Management: $0
  • Water/Sewer: $3,885

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Property Details for 1325 Douglas St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5406010017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Sunset Blvd & Douglas St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1325 Douglas St

Last sold for $1,935,000 on June 1st, 2018

  • April, 2024

  • Apr 23, 2024

    Date

    Active

    CRMLS: PW24079912

    $2,700,000

    Price

  • June, 2018

  • Jun 1, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,935,000

    Price

  • May, 2018

  • May 16, 2018

    Date

    Expired

    CRMLS: 18302886

    $2,100,000

    Price

  • Apr 24, 2018

    Date

    Price Change

    CRMLS: 18302886

    $2,100,000

    Price

  • Mar 31, 2018

    Date

    Expired

    CRMLS: 18302886

    $2,200,000

    Price

  • Feb 2, 2018

    Date

    Price Change

    CRMLS: 18302886

    $2,200,000

    Price

  • Jan 13, 2018

    Date

    Active

    CRMLS: 18302886

    $2,375,000

    Price

  • Listing provided courtesy of CRMLS

    1325 Douglas Street is comprised of five single-story buildings on approximately 7,312 square feet of land (0.17 acres) in Echo Park. Consisting entirely of one-bedroom/one-bathroom bungalow style units, each unit measures approximately 430 square feet and total rental square footage equated to 3,456 square feet. Due to its construction in 1923, the property is subject to Los Angeles rent control ordinances.

  • July, 2016

  • Jul 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

Show More

Tax History for 1325 Douglas St

Assessed Value (2020): $2,013,174
Year Land Value Improved Value Assessed Value
2020 $1,352,520 $660,654 $2,013,174

Home Value Compared to the Market

This property vs the competition

1325 Douglas St is listed 118.62% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $781.25 per/sqft which puts the price per square foot 0.94% higher than the median price per square foot for the city of Los Angeles.

About 1325 Douglas St

Detailed summary of property

1325 Douglas St is a apartment located in Los Angeles, CA 90026 and is currently for sale. This apartment offers 8 bedrooms, 8 bathrooms, roughly 3,456 living square feet, and sits on an approximately 7,315 square foot lot. 1325 Douglas St was first listed on ArdentRealEstateGroup.com on April 23, 2024. The homeowner is currently asking $2,700,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 118.62% higher than the median priced home. Local competing homes currently for sale include 2021 Miramar St, 743 N Occidental Blvd and 513 S Union Ave. While the average home in Los Angeles, CA is selling in 94 days, 1325 Douglas St has a days on market of 11 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 1325 Douglas St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1325 Douglas St

Public county record property details
Beds
8
Baths
8
Year built
1923
Sq. Ft.
3,456
Lot Size
7,312
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5406-010-017

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
63
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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.

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