Search
1411 W Court St, Los Angeles, CA 90026
View Photos

1411 W Court St Los Angeles, CA 90026

$1,100,000 Sold Price as of 09/13/2019
  • 5 Beds
  • 5 Baths
  • 2,143 Sq.Ft.
Sold
$1,100,000 Sold Price as of 09/13/2019 Refinance Your Mortgage
Map preview of 1411 W Court St, Los Angeles, CA 90026

Property Overview: 1411 W Court St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,143 living square feet and 6,021 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: It's not often one can have a home in a great location that actually cash flows! 4 bungalow-style units with one currently vacant - buyer can renovate for owner-occupied live-in or collect market rents. Great views and plenty of yard space. Also possible development opportunity to build up to 24 units with TOC bonus. Buyer to do his/her own due diligence on feasibility of development/permits/etc.

Listed by Ken Shapiro | BRE #01881308 | Silverwood Properties
Last checked: 3 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
6,021
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19451826
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $579
  • Total Rent: $579
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.1%
  • Gross Rent Multiplier: 13.69
  • Gross Scheduled Income: --
  • Net Operating Income: $63,636
  • Gross Operating Income: $91,200
  • Improvements Total: $232,999
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1411 W Court St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 5160009013
Location / Neighborhood
Location Information
  • Directions: Google Maps.
View more facts & features

Local Los Angeles Agent

Sale History for 1411 W Court St

Last sold for $1,100,000 on September 16th, 2019

  • August, 2022

  • Aug 25, 2022

    Date

    Expired

    CRMLS: 22131087

    $5,600,000

    Price

  • Feb 24, 2022

    Date

    Active

    CRMLS: 22131087

    $5,600,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 1411-1415 W Court Street, a fully RTI 46 unit development opportunity located in South Echo Park, primed for a skyline view of Downtown Los Angeles. 1411-1415 W Court Street is situated on 12,040 square feet of land zoned LACW. The plans call for an excellent unit mix of (19) Studios, (3) 1 Bed, 1 Bath, (9) 2 Bed, 1 Bath, (5) 3 Bed, 3 Bath, and (10) 4 Bed, 3 Bath units.1411-1415 W Court Street is a rare opportunity comprised of two contiguous lots improved with a duplex and five unit apartment building to be demolished. The lot boasts 12,040 square feet of land zoned CW (Central City West) with rear alley access that connects from Patton Street to Douglas Street. The property is located just east of Glendale Boulevard and just south of the 101 freeway, providing easy access to Downtown Los Angeles and Echo Park, one of the trendiest neighborhoods in Los Angeles.1411-1415 W Court Street is fully entitled and will be delivered with Ready to Issue (RTI) Permits for a thoughtfully designed 46 unit apartment building. The building will include an innovative and cost efficient puzzle parking system, providing ample parking while eliminating the need for an additional level of subterranean parking. The plans also call for an excellent unit mix of (19) Studios, (3) 1 Bed, 1 Bath, (9) 2 Bed, 1 Bath, (5) 3 Bed, 3 Bath, and (10) 4 Bed, 3 Bath units.South Echo Park is quickly becoming one of the most exciting neighborhoods in Los Angeles. A vibrant walkable district with a combination of several brand new developments and boutique retail and dining, South Echo Park is emerging as rapidly as any other in Los Angeles. The immediate area is specifically targeted by young professionals due its extremely close proximity to Downtown Los Angeles, Echo Park, Silverlake, Westlake, and Koreatown.

  • September, 2019

  • Sep 18, 2019

    Date

    Sold

    CRMLS: 19451826

    $1,100,000

    Price

  • Aug 28, 2019

    Date

    Active Under Contract

    CRMLS: 19451826

    $1,149,000

    Price

  • May 20, 2019

    Date

    Canceled

    CRMLS: 19451826

    $1,149,000

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: 19451826

    $1,149,000

    Price

  • September, 2019

  • Sep 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • May, 2018

  • May 29, 2018

    Date

    Sold

    CRMLS: 314031409

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    These are 5 units on 4 buildings. Conveniently located near freeways, Dodgers Stadium and downtown Los Angeles. 5 gas meters and 5 electric meters. Landlord pays for water only and tenants pay gas and electric utilities. All units are occupied. Please do not disturb occupants. Offer subject to inspection. Long time tenants.

  • December, 2016

  • Dec 16, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2014

  • Oct 15, 2014

    Date

    Price Change

    CRMLS: P0-314031409

    $574,000

    Price

  • Sep 26, 2014

    Date

    Price Change

    CRMLS: P0-314031409

    $595,000

    Price

  • Listing provided courtesy of CRMLS

    These are 5 units on 4 buildings. Conveniently located near freeways, Dodgers Stadium and downtown Los Angeles. 5 gas meters and 5 electric meters. Landlord pays for water only and tenants pay gas and electric utilities. All units are occupied. Please do not disturb occupants. Offer subject to inspection. Long time tenants.

Show More

Tax History for 1411 W Court St

Assessed Value (2020): $1,100,000
Year Land Value Improved Value Assessed Value
2020 $800,000 $300,000 $1,100,000

Home Value Compared to the Market

This property vs the competition

1411 W Court St sold on September 13, 2019 for 3.45% 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 $536.16 per/sqft which puts the price per square foot 28.98% lower than the current median sale per square foot for the city of Los Angeles.

About 1411 W Court St

Detailed summary of property

1411 W Court St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,143 living square feet, and sits on an approximately 6,021 square foot lot. 1411 W Court St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,100,000. 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 3.45% lower than the current median priced home. Local homes that are currently for sale include 2138 Santa Ynez St, 800-806 Rosemont Ave and 2305 W 2nd St. While the average home in Los Angeles, CA is selling in 92 days, 1411 W Court St has a days on market of 45 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 Court St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1411 W Court St

Public county record property details
Beds
4
Baths
5
Year built
1936
Sq. Ft.
2,143
Lot Size
6,021
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2-3,7-8
APN
5160-009-013

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1411 W Court St

Nearby Homes for Sale

1525 Cortez St, Los Angeles, CA 90026
$960,000
5 Beds
3 Baths
2747 Sq.Ft.
1525 Cortez St
Los Angeles, CA 90026
1530 W Temple St, Los Angeles, CA 90026
$880,000
6 Beds
3 Baths
2267 Sq.Ft.
1530 W Temple St
Los Angeles, CA 90026
313 N Westlake Ave, Los Angeles, CA 90026
$999,000
4 Beds
4 Baths
1428 Sq.Ft.
313 N Westlake Ave
Los Angeles, CA 90026
250 N Alvarado St, Los Angeles, CA 90026
$1,095,000
6 Beds
3 Baths
2319 Sq.Ft.
250 N Alvarado St
Los Angeles, CA 90026
307 S Burlington Ave, Los Angeles, CA 90057
$1,300,000
2 Beds
10 Baths
3976 Sq.Ft.
307 S Burlington Ave
Los Angeles, CA 90057
1922 Santa Ynez St, Los Angeles, CA 90026
$1,125,000
8 Beds
3 Baths
2253 Sq.Ft.
1922 Santa Ynez St
Los Angeles, CA 90026
1259 Vin Scully Ave, Los Angeles, CA 90026
$975,000
9 Beds
5 Baths
3417 Sq.Ft.
1259 Vin Scully Ave
Los Angeles, CA 90026
1242 Lilac Pl, Los Angeles, CA 90026
$1,050,000
2 Beds
7 Baths
4604 Sq.Ft.
1242 Lilac Pl
Los Angeles, CA 90026
817 Centennial St, Los Angeles, CA 90012
$1,200,000
6 Beds
6 Baths
4304 Sq.Ft.
817 Centennial St
Los Angeles, CA 90012
Open 6/1 1pm-3pm
1312 Laveta Terrace, Los Angeles, CA 90026
$1,200,000
3 Beds
2 Baths
1235 Sq.Ft.
1312 Laveta Terrace
Los Angeles, CA 90026
1932 Park Ave, Los Angeles, CA 90026
$1,300,000
4 Beds
4 Baths
2660 Sq.Ft.
1932 Park Ave
Los Angeles, CA 90026
1932 Park Ave, Los Angeles, CA 90026
$1,300,000
4 Beds
4 Baths
2660 Sq.Ft.
1932 Park Ave
Los Angeles, CA 90026

Recently Sold Homes Near 1411 W Court St

1343 W Temple St, Los Angeles, CA 90026
$1,105,000 Last Sold Price
8 Beds
6 Baths
2000 Sq.Ft.
1343 W Temple St
Los Angeles, CA 90026
1415 W Court St, Los Angeles, CA 90026
$985,000 Last Sold Price
4 Beds
2 Baths
700 Sq.Ft.
1415 W Court St
Los Angeles, CA 90026
1400 Colton St, Los Angeles, CA 90026
$1,297,318 Last Sold Price
4 Beds
6 Baths
3062 Sq.Ft.
1400 Colton St
Los Angeles, CA 90026
157 Douglas St, Los Angeles, CA 90026
$710,000 Last Sold Price
2 Beds
2 Baths
1194 Sq.Ft.
157 Douglas St
Los Angeles, CA 90026

Related Resources to 1411 W Court St

New Listings in 90026
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote