1383 W 23Rd St, Los Angeles, CA 90007
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1383 W 23Rd St Los Angeles, CA 90007

$865,000 Sold Price as of 12/29/2021
  • 3 Beds
  • 3 Baths
  • 2,200 Sq.Ft.
Sold
$865,000 Sold Price as of 12/29/2021 Refinance Your Mortgage

Map preview of 1383 W 23Rd St, Los Angeles, CA 90007

Property Overview: 1383 W 23Rd St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,200 living square feet and 5,882 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property is being sold 'As Is' This home is a remodeler’s dream! Very desirable location near USC! 2-story charmer built in 1903. Historic in architecture and centrally located to freeways, beaches, and Hollywood. The home has hardwood floors and detailed wood modeling and paneling throughout which makes this home unique. This home consists of 3 bedrooms and 3 baths an elegant formal living room and dining room for entertaining family and friends. Home also includes a charming kitchen, pantry and an addition room for a home office or study. Home sits on a large size lot of 5,081 SqFt. and Zoned LARD2. There is an additional detached structure which could be used as an office, a bonus room, a game room, media room or anything you could imagine with a large storage area/garage in the backyard. A fully fenced front yard with shady trees with plenty of room for children to play. Large driveway with ample off-street parking. This house features many extras - must see to appreciate!

Listed by Emily Griffin | BRE #01299217 | Griffin Real Estate, Inc.
Last checked: 9 minutes ago | Last updated: May 30th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,882
HOA Dues
$0/mo
Year built
1903
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
IG21228197
City
Los Angeles
County
Los Angeles
Time on Site
976 days

Property Details for 1383 W 23Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • All Bedrooms Up
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5055018013
  • Year Built Source: Assessor
  • Property is not 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
Schools
School Information
  • High School District: Other
Location / Neighborhood
Location Information
  • Directions: South of 10 Freeway between S Vermont Ave and S Hoover St.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1383 W 23Rd St

Last sold for $865,000 on December 29th, 2021
  • May, 2024

  • May 29, 2024

    Date

    Expired

    CRMLS: 23326645

    $1,900,000

    Price

  • Oct 30, 2023

    Date

    Active

    CRMLS: 23326645

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this turnkey two (2) unit, fully permitted ten (10) bedroom + ten (10) bathroom Student Housing investment opportunity, located in the DPS Patrol Zone, and close proximity to the University of Southern California (USC). The property is approximately 3,050 rentable square feet on a 5,882 square foot lot and is comprised of one(1) structure, with a unit mix consisting of one (1) 5-bedroom + 5-bathroom units in the front, and an attached 5-bedroom + 5-bathroom brand-new construction unit. Additionally, there is an excellent value-add opportunity to construct an ADU in the rear, with the current owner providing preliminary plans to construct a 4 bed + 4 bath additional unit (Buyer to Verify). The subject property's front structure was completely updated and remodeled in 2023, and features brand new flooring, brand new plumbing/electrical, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back attached unit is a brand-new unit recently constructed and completed in 2023 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer.The investment is 100% occupied with USC students and fully leased for the 2023-2024 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property is currently leased for $12,000 a month.

  • October, 2023

  • Oct 30, 2023

    Date

    Canceled

    CRMLS: 23280035

    $1,900,000

    Price

  • Jun 13, 2023

    Date

    Active

    CRMLS: 23280035

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this turnkey two (2) unit, fully permitted ten (10) bedroom + ten (10) bathroom investment opportunity, located in the DPS Patrol Zone, and close proximity to the University of Southern California (USC). The property is approximately 3,050 rentable square feet on a 5,882 square foot lot and is comprised of one (1) structure, with a unit mix consisting of one (1) 5-bedroom + 5-bathroom units in the front, and an attached 5-bedroom + 5-bathroom brand-new ADU in the back. The subject property's front structure was completely updated and remodeled in 2023, and features brand new flooring, brand new plumbing/electrical, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back attached unit is a brand-new ADU recently constructed and completed in 2023 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer. Additionally, Theres an excellent value-add opportunity to construct an ADU in the rear, as the current owner strategically left ample room to build an additional unit and further increase cash flow (Buyer to Verify). The investment is 100% occupied with USC students and fully leased for the 2023-2024 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property is leased for $12,000 starting August 2023 and ending in July 2024.

  • June, 2023

  • Jun 13, 2023

    Date

    Canceled

    CRMLS: 23272769

    $1,950,000

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: 23272769

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this turnkey two (2) unit, fully permitted ten (10) bedroom + ten (10) bathroom Student Housing investment opportunity, located in the DPS Patrol Zone, and close proximity to the University of Southern California (USC). The property is approximately 3,050 rentable square feet on a 5,882 square foot lot and is comprised of one (1) structure, with a unit mix consisting of one (1) 5-bedroom + 5-bathroom units in the front, and an attached 5-bedroom + 5-bathroom brand-new ADU in the back. The subject property's front structure was completely updated and remodeled in 2023, and features brand new flooring, brand new plumbing/electrical, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back attached unit is a brand-new ADU recently constructed and completed in 2023 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer. Additionally, Theres an excellent value-add opportunity to construct an ADU in the rear, as the current owner strategically left ample room to build an additional unit and further increase cash flow (Buyer to Verify). The investment is 100% occupied with USC students and fully leased for the 2023-2024 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property is leased for $12,000 starting August 2023 and ending in July 2024.(Currently being leased for $6,000 as construction for one unit was completed in late January).

  • May, 2023

  • May 22, 2023

    Date

    Canceled

    CRMLS: 23262075

    $2,050,000

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: 23262075

    $2,050,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this turnkey two (2) unit, fully permitted ten (10) bedroom + ten (10) bathroom Student Housing investment opportunity, located in the DPS Patrol Zone, and close proximity to the University of Southern California (USC). The property is approximately 3,050 rentable square feet on a 5,882 square foot lot and is comprised of one (1) structure, with a unit mix consisting of one (1) 5-bedroom + 5-bathroom units in the front, and an attached 5-bedroom + 5-bathroom brand-new ADU in the back. The subject property's front structure was completely updated and remodeled in 2023, and features brand new flooring, brand new plumbing/electrical, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back attached unit is a brand-new ADU recently constructed and completed in 2023 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer. Additionally, Theres an excellent value-add opportunity to construct an ADU in the rear, as the current owner strategically left ample room to build an additional unit and further increase cash flow (Buyer to Verify). The investment is 100% occupied with USC students and fully leased for the 2023-2024 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property is leased for $12,000 starting August 2023 and ending in July 2024.(Currently being leased for $6,000 as construction for one unit was completed in late January).

  • December, 2021

  • Dec 3, 2021

    Date

    Pending

    CRMLS: IG21228197

    $865,000

    Price

  • Dec 3, 2021

    Date

    Price Change

    CRMLS: IG21228197

    $865,000

    Price

  • August, 2021

  • Aug 24, 2021

    Date

    Sold

    CRMLS: PW21079286

    $600,000

    Price

  • Aug 4, 2021

    Date

    Pending

    CRMLS: PW21079286

    $650,000

    Price

  • Jul 26, 2021

    Date

    Price Change

    CRMLS: PW21079286

    $650,000

    Price

  • Jul 16, 2021

    Date

    Active

    CRMLS: PW21079286

    $700,000

    Price

  • Jun 28, 2021

    Date

    Active Under Contract

    CRMLS: PW21079286

    $700,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: PW21079286

    $700,000

    Price

  • May 26, 2021

    Date

    Active Under Contract

    CRMLS: PW21079286

    $700,000

    Price

  • Apr 15, 2021

    Date

    Active

    CRMLS: PW21079286

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    NEW LISTING: Historical architecture home. Lots of charm. Location is great, walking distance to USC.

  • July, 2021

  • Jul 16, 2021

    Date

    Expired

    CRMLS: PW21079303

    $700,000

    Price

  • Apr 15, 2021

    Date

    Active

    CRMLS: PW21079303

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    NEW LOS ANGELES LISTING: Locations!!! Walking distance from USC.

  • October, 2014

  • Oct 1, 2014

    Date

    Sold (Public Records)

    Public Records

    $373,000

    Price

  • February, 2008

  • Feb 21, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1383 W 23Rd St

Assessed Value (2020): $409,899
Year Land Value Improved Value Assessed Value
2020 $327,921 $81,978 $409,899

Home Value Compared to the Market

This property vs the competition

1383 W 23Rd St sold on December 29, 2021 for 23.45% 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 $393.18 per/sqft which puts the price per square foot 47.85% lower than the current median sale per square foot for the city of Los Angeles.

About 1383 W 23Rd St

Detailed summary of property

1383 W 23Rd St is a single family home that recently sold in Los Angeles, CA 90007. This house offered 3 bedrooms, 3 bathrooms, roughly 2,200 living square feet, and sits on an approximately 5,882 square foot lot. 1383 W 23Rd St was first listed on ArdentRealEstateGroup.com on October 15, 2021. The homeowner sold the property for $865,000. 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 23.45% lower than the current median priced home. Local homes that are currently for sale include 848 Irolo St #408, 3922 Halldale Ave and 1130 S Flower St #110. While the average home in Los Angeles, CA is selling in 97 days, 1383 W 23Rd St has a days on market of 21 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 1383 W 23Rd St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1383 W 23Rd St

Public county record property details
Beds
3
Baths
1
Year built
1903
Sq. Ft.
1,018
Lot Size
5,881
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5055-018-013

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$410
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
81
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), 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.