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1371 Masselin Ave, Los Angeles, CA 90019
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1371 Masselin Ave Los Angeles, CA 90019

$1,500,000
  • 6 Beds
  • 3 Baths
  • 2,525 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified
Map preview of 1371 Masselin Ave, Los Angeles, CA 90019

Property Overview: 1371 Masselin Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,525 living square feet and 5,570 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: 1371 Masselin Ave. offers a prime Mid-City Duplex zoned LAR-2, this investment property sits on a 5,570 sq. ft. lot per assessor. Each unit has 2 bedrooms and 1 bathroom. It also offers a 3 car garage & an oversized attached carport for 5 additional cars. Each unit has an indoor laundry area. Selling As Is. One unit will be delivered vacant the other has a long term tenant. Must be shown by appointment only. Additionally, it is centrally located near freeway access, restaurants, and shopping centers. It is also adjacent to Beverly Hills, Beverlywood, & Hancock Park. Please do not disturb owners or occupants. For further details please contact the listing brokers.

Listed by Kerri Jones | BRE #01234530 | eXp Realty of California Inc
Last checked: 16 minutes ago | Last updated: February 5th, 2024 | Source CRMLS | DOM: 74
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Home details

Lot Sq. Ft
5,570
HOA Dues
$0/mo
Year built
1927
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24352809
City
Los Angeles
County
Los Angeles
Time on Site
88 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,973
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1371 Masselin Ave

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Property Details for 1371 Masselin Ave

Interior Features
Room Information
  • Flooring: Carpet, Tile
  • Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Storage
  • Levels: Two
  • Window Features: Custom Covering, Screens, Shutters
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered, Driveway, Attached Carport, Garage - Three Door, Private, Driveway - Combination
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5085029037
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 10 West to West Washington Blvd to Hauser Blvd. to West Pico Blvd. to S. Masselin Ave.
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Local Los Angeles Agent

Sale History for 1371 Masselin Ave

View property's historical transactions

  • January, 2024

  • Jan 27, 2024

    Date

    Active

    CRMLS: 24352809

    $1,500,000

    Price

Tax History for 1371 Masselin Ave

Assessed Value (2020): $73,030
Year Land Value Improved Value Assessed Value
2020 $47,723 $25,307 $73,030

Home Value Compared to the Market

This property vs the competition

1371 Masselin Ave is listed 20.1% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $594.06 per/sqft which puts the price per square foot 23.05% lower than the median price per square foot for the city of Los Angeles.

About 1371 Masselin Ave

Detailed summary of property

1371 Masselin Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 2,525 living square feet, and sits on an approximately 5,570 square foot lot. 1371 Masselin Ave was first listed on ArdentRealEstateGroup.com on January 30, 2024. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.1% higher than the median priced home. Local competing homes currently for sale include 1814 S Sycamore Ave, 1379 S Orange Dr and 2000 Clyde Ave. While the average home in Los Angeles, CA is selling in 97 days, 1371 Masselin Ave has a days on market of 74 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1371 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 1371 Masselin Ave

Public county record property details
Beds
4
Baths
2
Year built
1927
Sq. Ft.
2,525
Lot Size
5,568
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
210
APN
5085-029-037

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.
$701
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
58
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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Recently Sold Homes Near 1371 Masselin Ave

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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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