1383 E Vernon Ave, Los Angeles, CA 90011
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1383 E Vernon Ave Los Angeles, CA 90011

$640,000 Sold Price as of 08/29/2019
  • 0 Beds
  • 0 Baths
  • 2,322 Sq.Ft.
Sold
$640,000 Sold Price as of 08/29/2019 Refinance Your Mortgage

Map preview of 1383 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 1383 E Vernon Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,322 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NO RENT CONTROL Duplex Build in 2004!!! Excellent investor or first time buyer opportunity for this Duplex. Each Unit Features: 4 Bedrooms, 2 Bathrooms, Laundry Area, Master Bedroom/Bathroom in each Unit. The Duplex have 2 Car carport and plenty of parking on the long driveway. 1 Unit can be delivered VACANT if needed! Tenants are month to month. The rents are good, but there is room to raise them. Opportunity to own investment property in South L.A. Close public transportation, Accessible to I-10 & 110 freeways. Railway Transit Lines, Neighborhood Shopping and Public Transportation. easy and quick access to all great things happening in booming downtown Los Angeles, USC, Banc of California Stadium, & Koreatown.

Listed by Luis Sosa | BRE #01868493 | Realty Source Incorporated
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
2004
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
319002252
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 3
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  • # of Baths: 0
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Unit Breakdown 4
  • # of Units: --
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  • # of Baths: 0
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Unit Breakdown 5
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  • # of Baths: 0
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Unit Breakdown 6
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Unit Breakdown 7
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Unit Breakdown 8
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Unit Breakdown 9
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Unit Breakdown 10
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Unit Breakdown 11
  • # of Units: --
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Unit Breakdown 12
  • # of Units: --
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Unit Breakdown 13
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 1383 E Vernon Ave

Interior Features
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5116006030
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: Ascot
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Sale History for 1383 E Vernon Ave

Last sold for $640,000 on August 29th, 2019
  • September, 2019

  • Sep 4, 2019

    Date

    Sold

    CRMLS: 319002252

    $640,000

    Price

  • Jul 2, 2019

    Date

    Active Under Contract

    CRMLS: 319002252

    $699,000

    Price

  • Jun 6, 2019

    Date

    Active

    CRMLS: 319002252

    $699,000

    Price

  • August, 2019

  • Aug 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

  • December, 2005

  • Dec 30, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1383 E Vernon Ave

Assessed Value (2020): $640,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $240,000 $640,000

Home Value Compared to the Market

This property vs the competition

1383 E Vernon Ave sold on August 29, 2019 for 38.14% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $301.03 per/sqft which puts the price per square foot 60.08% lower than the current median sale per square foot for the city of Los Angeles.

About 1383 E Vernon Ave

Detailed summary of property

1383 E Vernon Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered -- bedrooms, -- bathrooms, roughly 2,322 living square feet, and sits on an approximately 5,200 square foot lot. 1383 E Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $640,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.14% lower than the current median priced home. Local homes that are currently for sale include 232 W 49th St, 362 W 59th Pl and 1018 E 79th St. While the average home in Los Angeles, CA is selling in 98 days, 1383 E Vernon Ave has a days on market of 78 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1383 E Vernon Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1383 E Vernon Ave

Public county record property details
Beds
8
Baths
4
Year built
2004
Sq. Ft.
2,322
Lot Size
5,200
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5116-006-030

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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.