1403 W 10Th Pl, Los Angeles, CA 90015
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1403 W 10Th Pl Los Angeles, CA 90015

$585,000 Sold Price as of 05/11/2023
  • 0 Beds
  • 4 Baths
  • 1,908 Sq.Ft.
Sold
$585,000 Sold Price as of 05/11/2023 Refinance Your Mortgage

Map preview of 1403 W 10Th Pl, Los Angeles, CA 90015

Property Overview: 1403 W 10Th Pl Los Angeles, CA has -- bedrooms, 4 bathrooms, 1,908 living square feet and 960 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1403 W. 10th Place. This property has additional address of 1015 Albany & 1015.5 Albany. This is a great four-unit 2 story building is situated in the heart of downtown Los Angeles and is within walking distance to LA Live, Crypto.com Arena, the Fashion District, and various other attractions. All four units are studio apartments and separately metered for gas & electricity. owner only pays for water, trash and insurance. They are located near local freeways, public transit, shopping centers and local eateries. They are easy to maintain with low building maintenance and lots of potential. First time on the market in 40 years.

Listed by Stephen Biskup | BRE #01854478 | Sotheby's International Realty
Co-listed by Christina Dreyer | BRE #00999071 | Sotheby's International Realty
Last checked: 6 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
960
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PF23029041
City
Los Angeles
County
Los Angeles
Time on Site
501 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $9,000
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $767
  • Total Rent: $9,214
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,814
  • Net Operating Income: $47,014
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $3,600

Property Details for 1403 W 10Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5137013002
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Exit 110 freeway at 8th street west
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

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Sale History for 1403 W 10Th Pl

Last sold for $585,000 on May 11th, 2023
  • May, 2023

  • May 11, 2023

    Date

    Sold

    CRMLS: PF23029041

    $585,000

    Price

  • Feb 20, 2023

    Date

    Active

    CRMLS: PF23029041

    $595,000

    Price

Tax History for 1403 W 10Th Pl

Assessed Value (2020): $179,127
Year Land Value Improved Value Assessed Value
2020 $49,747 $129,380 $179,127

Home Value Compared to the Market

This property vs the competition

1403 W 10Th Pl sold on May 11, 2023 for 53.3% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $311.84 per/sqft which puts the price per square foot 60.58% lower than the current median sale per square foot for the city of Los Angeles.

About 1403 W 10Th Pl

Detailed summary of property

1403 W 10Th Pl is a fourplex that recently sold in Los Angeles, CA 90015. This fourplex offered -- bedrooms, 4 bathrooms, roughly 1,908 living square feet, and sits on an approximately 960 square foot lot. 1403 W 10Th Pl was first listed on ArdentRealEstateGroup.com on February 20, 2023. The homeowner sold the property for $585,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.3% lower than the current median priced home. Local homes that are currently for sale include 424 E 61st Street, 1977 W 48th St and 820-822 W 61st St. While the average home in Los Angeles, CA is selling in 100 days, 1403 W 10Th Pl has a days on market of 8 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1403 W 10Th Pl Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1403 W 10Th Pl

Public county record property details
Beds
--
Baths
4
Year built
1922
Sq. Ft.
1,908
Lot Size
960
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5137-013-002

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$715
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$841
Total Inventory
92
Median Sale to List Price %
99.11%
Avg Days on Market
43
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), 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.