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1405 2Nd Ave, Los Angeles, CA 90019
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1405 2Nd Ave Los Angeles, CA 90019

$1,500,000 Sold Price as of 04/10/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,500,000 Sold Price as of 04/10/2023 Refinance Your Mortgage
Map preview of 1405 2Nd Ave, Los Angeles, CA 90019

Property Overview: 1405 2Nd Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this 9 Unit apartment complex in the heart of Los Angeles. This complex boasts 6875 Square Feet. This complex features six 2 bedroom 1 bathroom apartment units and three 1 bedroom 1 bathroom apartment units. Each units is spacious. Most units have been updated throughout the years. It also has 9 carport spaces, one for each unit. There is a washer and dryer room in the complex. The required Los Angeles city carport retrofit was recently completed and signed off by the city of Los Angeles. Upside on the rents. Zoned LARD1.5. Last, this community is always in high demand, close access to the 110 and 10 freeways, less than 5 miles from USC, downtown Los Angeles and Crypto.com arena.

Listed by Corey Reels | BRE #01883977 | Berkshire Hathaway HomeServices California Properties
Co-listed by Carri Fernandez | BRE #00806772 | Berkshire Hathaway HomeService
Last checked: 8 minutes ago | Last updated: April 13th, 2023 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
220020108SD
City
Los Angeles
County
Los Angeles
Time on Site
652 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $123,120
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,700

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1405 2Nd Ave

Interior Features
Cooling Information
  • Has Cooling
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Property Information
  • Total # of Units: 9
  • Parcel Number: 5072036017
View more facts & features

Local Los Angeles Agent

Sale History for 1405 2Nd Ave

Last sold for $1,500,000 on April 10th, 2023

  • April, 2023

  • Apr 10, 2023

    Date

    Sold

    CRMLS: 220020108SD

    $1,500,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: 220020108SD

    $2,100,000

    Price

  • April, 2001

  • Apr 25, 2001

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

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Tax History for 1405 2Nd Ave

Assessed Value (2020): $539,133
Year Land Value Improved Value Assessed Value
2020 $322,401 $216,732 $539,133

Home Value Compared to the Market

This property vs the competition

1405 2Nd Ave sold on April 10, 2023 for 59.58% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1405 2Nd Ave

Detailed summary of property

1405 2Nd Ave is a mixed use that recently sold in Los Angeles, CA 90019. This mixed use property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 1405 2Nd Ave was first listed on ArdentRealEstateGroup.com on August 3, 2022. The homeowner sold the property for $1,500,000. 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 59.58% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 2922 Maple Ave and 4303 S Main St. While the average home in Los Angeles, CA is selling in 94 days, 1405 2Nd Ave has a days on market of 139 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1405 2Nd 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 1405 2Nd Ave

Public county record property details
Beds
15
Baths
9
Year built
--
Sq. Ft.
6,875
Lot Size
7,501
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5072-036-017

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
66
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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(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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