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1331 Sutherland St, Los Angeles, CA 90026
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1331 Sutherland St Los Angeles, CA 90026

$1,750,000
  • 10 Beds
  • 8 Baths
  • 5,644 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 1331 Sutherland St, Los Angeles, CA 90026

Property Overview: 1331 Sutherland St Los Angeles, CA has 10 bedrooms, 8 bathrooms, 5,644 living square feet and 7,194 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: Tucked away in the Hills North of Sunset Blvd is 5,644 SF and 8 Units on 1331 N Sutherland Street in Los Angeles's famous Echo Park. The ideal unit mix consisting of two bedroom and one bedroom layouts, ample parking, on site laundry facilities and spectacular city and treetop views. Residents are a short distance from trendy shops and some of LA's best restaurants along Sunset Blvd, Silver Lake, and Echo Park.

Listed by Jacob Plewa | BRE #02041641 | REMAX COMMERCIAL & INVESTMENT REALTY
Last checked: 8 minutes ago | Last updated: July 17th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
7,194
HOA Dues
$0/mo
Year built
1967
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24412933
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,114
  • Total Rent: $2,228
  • Pro Forma/Market Rent: $5,590
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,554
  • Total Rent: $9,324
  • Pro Forma/Market Rent: $13,770
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.62
  • Gross Scheduled Income: --
  • Net Operating Income: $93,626
  • Gross Operating Income: $138,624
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1331 Sutherland St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Covered, Driveway
Property Information
  • Total # of Units: 8
  • Parcel Number: 5406001038
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Sunset Blvd, East of Portia Street
View more facts & features

Local Los Angeles Agent

Sale History for 1331 Sutherland St

View property's historical transactions

  • July, 2024

  • Jul 9, 2024

    Date

    Active

    CRMLS: 24412933

    $1,750,000

    Price

Tax History for 1331 Sutherland St

Assessed Value (2020): $177,254
Year Land Value Improved Value Assessed Value
2020 $41,222 $136,032 $177,254

Home Value Compared to the Market

This property vs the competition

1331 Sutherland St is listed 45.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $310.06 per/sqft which puts the price per square foot 59.63% lower than the median price per square foot for the city of Los Angeles.

About 1331 Sutherland St

Detailed summary of property

1331 Sutherland St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 10 bedrooms, 8 bathrooms, roughly 5,644 living square feet, and sits on an approximately 7,194 square foot lot. 1331 Sutherland St was first listed on ArdentRealEstateGroup.com on July 11, 2024. The homeowner is currently asking $1,750,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.83% higher than the median priced home. Local competing homes currently for sale include 2241 Ewing St, 2416 Echo Park Ave and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 106 days, 1331 Sutherland St has a days on market of 66 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1331 Sutherland 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 1331 Sutherland St

Public county record property details
Beds
10
Baths
8
Year built
1967
Sq. Ft.
5,644
Lot Size
7,191
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5406-001-038

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.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), 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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