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1344 S Dunsmuir Ave, Los Angeles, CA 90019
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1344 S Dunsmuir Ave Los Angeles, CA 90019

$1,900,000 Sold Price as of 02/21/2024
  • 36 Beds
  • 36 Baths
  • 6,460 Sq.Ft.
Sold
$1,900,000 Sold Price as of 02/21/2024 Refinance Your Mortgage
Map preview of 1344 S Dunsmuir Ave, Los Angeles, CA 90019

Property Overview: 1344 S Dunsmuir Ave Los Angeles, CA has 36 bedrooms, 36 bathrooms, 6,460 living square feet and 7,208 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This fantastic eight-plex with Spanish flair is nestled in the ideal Wilshire Vista location. The building comprises eight one-bedroom, one-bathroom units, each averaging approximately 807 square feet. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity, and six of the eight units have been updated. Recent upgrades include a new roof, new plumbing, newer electrical in some units, and some new windows. Additionally, the property features four 1-car garages and a common area backyard for tenants to enjoy. It's worth noting that a total of 4 units will be delivered vacant. Located in the heart of Los Angeles, this property offers unparalleled convenience, within minutes of Wilshire Vista boutiques and cafes (local hot spot Sky's Gourmet Tacos is across the street and a neighborhood obsession), and Museum Row, The Grove, Target, Sprouts & so much more. A rare opportunity to acquire an exceptional income property in a sought-after area, with 50% of the units being delivered vacant, offering significant potential value for the next owner.

Listed by Erica Lockhart | BRE #01763313 | Compass
Co-listed by Lorin Ruttenberg | BRE #01309588 | Compass
Last checked: 4 minutes ago | Last updated: February 21st, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
7,208
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
24350331
City
Los Angeles
County
Los Angeles
Time on Site
118 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,463
  • Total Rent: $1,463
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $1,245
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 6
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,065
  • Total Rent: $2,065
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 8
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,739
  • Total Rent: $1,739
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $98,047
  • Gross Operating Income: $96,487
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1344 S Dunsmuir Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Tile, Carpet, Laminate, Wood
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Street
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 8
  • Parcel Number: 5085036025
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of La Brea. East of Fairfax. North of Pico. South of San Vicente.
View more facts & features

Local Los Angeles Agent

Sale History for 1344 S Dunsmuir Ave

Last sold for $1,900,000 on February 21st, 2024

  • February, 2024

  • Feb 21, 2024

    Date

    Sold

    CRMLS: 24350331

    $1,900,000

    Price

  • Jan 23, 2024

    Date

    Active

    CRMLS: 24350331

    $1,775,000

    Price

  • August, 2023

  • Aug 9, 2023

    Date

    Leased

    CRMLS: 23272487

    $2,065

    Price

  • May 19, 2023

    Date

    Active

    CRMLS: 23272487

    $2,065

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this charming, newly renovated upstairs unit in the heart of Los Angeles! This fully renovated unit boasts old school charm with modern touches that will have you ready to move in today. The unit features 1 bedroom 1 bath updated Kitchen, new laminate flooring throughout, and security building. Located in a prime location close to several local attractions, making it an ideal spot to in the heart of Los Angeles. Don't delay make this charming unit your new home!

  • September, 1998

  • Sep 9, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1344 S Dunsmuir Ave

Assessed Value (2020): $530,419
Year Land Value Improved Value Assessed Value
2020 $159,116 $371,303 $530,419

Home Value Compared to the Market

This property vs the competition

1344 S Dunsmuir Ave sold on February 21, 2024 for 49.16% 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 $274.77 per/sqft which puts the price per square foot 63.61% lower than the current median sale per square foot for the city of Los Angeles.

About 1344 S Dunsmuir Ave

Detailed summary of property

1344 S Dunsmuir Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 36 bedrooms, 36 bathrooms, roughly 6,460 living square feet, and sits on an approximately 7,208 square foot lot. 1344 S Dunsmuir Ave was first listed on ArdentRealEstateGroup.com on January 23, 2024. The homeowner sold the property for $1,900,000. 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 49.16% higher than the current median priced home. Local homes that are currently for sale include 812 Alandele Ave, 1012 S Sycamore Ave and 806 Alandele Ave. While the average home in Los Angeles, CA is selling in 92 days, 1344 S Dunsmuir Ave has a days on market of 6 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 1344 S Dunsmuir 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 1344 S Dunsmuir Ave

Public county record property details
Beds
8
Baths
8
Year built
1929
Sq. Ft.
6,460
Lot Size
7,206
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
236
APN
5085-036-025

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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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