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1411 W 39th St, Los Angeles, CA 90062
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1411 W 39th St Los Angeles, CA 90062

$984,000 Sold Price as of 10/11/2019
  • 8 Beds
  • 4 Baths
  • 2,332 Sq.Ft.
Sold
$984,000 Sold Price as of 10/11/2019 Refinance Your Mortgage
Map preview of 1411 W 39th St, Los Angeles, CA 90062

Property Overview: 1411 W 39th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,332 living square feet and 5,285 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors Opportunity to own this very well maintained 4-flex with great curb appeal, all units are 2 bedrooms and 1 bath, 2 units are located on the 2nd floor and the other 2 on the first floor. ONE UNIT WILL BE DELIVERY VACANT AT CLOSE OF ESCROW. All kitchens have been renovated with granite counter tops, wood laminate flooring, tastefully upgraded bathrooms, huge parking lot with space for 8 cars or more, low Maintenance building with great tenants, just minutes from the L. A. Coliseum, USC campus, Natural History museum, shopping centers, public transportation and so much more. All units have been inspected and passed the property inspection from LAHD this year.

Listed by Maribel Villalobos | BRE #01818908 | Twin Homes & Loans
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
5,285
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR19182663
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,331
  • Total Rent: $15,973
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,447
  • Total Rent: $17,372
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,306
  • Total Rent: $15,672
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $20,100
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,117
  • Net Operating Income: $56,142
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,975
  • Licenses: $250
  • New Taxes: $6,355
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,050
  • Water/Sewer: $3,180

Property Details for 1411 W 39th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5036013018
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Property is located between Western and Normandie
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1411 W 39th St

Last sold on November 1st, 2019

  • November, 2019

  • Nov 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 16, 2019

    Date

    Sold

    CRMLS: SR19182663

    $984,000

    Price

  • Sep 25, 2019

    Date

    Active Under Contract

    CRMLS: SR19182663

    $979,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: SR19182663

    $979,000

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $984,000

    Price

Show More

Tax History for 1411 W 39th St

Assessed Value (2020): $984,860
Year Land Value Improved Value Assessed Value
2020 $744,000 $240,860 $984,860

Home Value Compared to the Market

This property vs the competition

1411 W 39th St sold on October 11, 2019 for 17.73% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $419.81 per/sqft which puts the price per square foot 44.4% lower than the current median sale per square foot for the city of Los Angeles.

About 1411 W 39th St

Detailed summary of property

1411 W 39th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,332 living square feet, and sits on an approximately 5,285 square foot lot. 1411 W 39th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $984,000. 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 17.73% lower than the current median priced home. Local homes that are currently for sale include 1266 W 35th Pl, 1719 W 35th St and 1552 W Vernon Ave. While the average home in Los Angeles, CA is selling in 92 days, 1411 W 39th St has a days on market of 43 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1411 W 39th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1411 W 39th St

Public county record property details
Beds
8
Baths
4
Year built
1963
Sq. Ft.
2,332
Lot Size
5,305
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
66
APN
5036-013-018

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), 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.

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