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1408 W 62Nd St, Los Angeles, CA 90047
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1408 W 62Nd St Los Angeles, CA 90047

$750,000 Sold Price as of 10/29/2019
  • 4 Beds
  • 6 Baths
  • 1,411 Sq.Ft.
Sold
$750,000 Sold Price as of 10/29/2019 Refinance Your Mortgage
Map preview of 1408 W 62Nd St, Los Angeles, CA 90047

Property Overview: 1408 W 62Nd St Los Angeles, CA has 4 bedrooms, 6 bathrooms, 1,411 living square feet and 6,060 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Show and sell this investor's dream mixed use property and project. There is a commercial building on the corner, along with the house on that same lot. There's the potential to have a separate business while you live on the property in the home that currently exist there. This along with the other upside potential possibilities. Centrally located in the heart of Los Angeles, Ca. This property is located close to downtown L.A., various schools, the airport, the beaches and etc. This property will not last so please hurry and make your appointment today to see or show this great property. See you in escrow.

Listed by Murphy Richardson | BRE #00753317 | Power Brokers International
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
6,060
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19440086
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 0
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $31,200
  • Pro Forma/Market Rent: $31,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $1
  • Improvements Total: $108,225
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1408 W 62Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Parcel Number: 6002026025
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Cable Available
Location / Neighborhood
Location Information
  • Directions: Take Normandie Blvd to 62nd St. The property is located on the S/W corner of that street.
View more facts & features

Local Los Angeles Agent

Sale History for 1408 W 62Nd St

Last sold on March 5th, 2020

  • March, 2020

  • Mar 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 31, 2019

    Date

    Sold

    CRMLS: 19440086

    $750,000

    Price

  • Jun 1, 2019

    Date

    Pending

    CRMLS: 19440086

    $750,000

    Price

  • Apr 9, 2019

    Date

    Price Change

    CRMLS: 19440086

    $750,000

    Price

  • Mar 4, 2019

    Date

    Active

    CRMLS: 19440086

    $899,900

    Price

  • October, 2019

  • Oct 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

Show More

Tax History for 1408 W 62Nd St

Assessed Value (2020): $750,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $50,000 $750,000

Home Value Compared to the Market

This property vs the competition

1408 W 62Nd St sold on October 29, 2019 for 33.04% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $531.54 per/sqft which puts the price per square foot 26.58% lower than the current median sale per square foot for the city of Los Angeles.

About 1408 W 62Nd St

Detailed summary of property

1408 W 62Nd St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 1,411 living square feet, and sits on an approximately 6,060 square foot lot. 1408 W 62Nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.04% lower than the current median priced home. Local homes that are currently for sale include 1825 W 66th St, 943 W 65th St and 1743 W 70th St. While the average home in Los Angeles, CA is selling in 106 days, 1408 W 62Nd St has a days on market of 89 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1408 W 62Nd St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1408 W 62Nd St

Public county record property details
Beds
--
Baths
--
Year built
1926
Sq. Ft.
2,645
Lot Size
6,060
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
117,118
APN
6002-026-025

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
101
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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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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