1412 Kelton Ave, Los Angeles, CA 90024
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1412 Kelton Ave Los Angeles, CA 90024

$3,200,000 Sold Price as of 02/23/2021
  • 8 Beds
  • 6 Baths
  • 5,600 Sq.Ft.
Sold
$3,200,000 Sold Price as of 02/23/2021 Refinance Your Mortgage

Map preview of 1412 Kelton Ave, Los Angeles, CA 90024

Property Overview: 1412 Kelton Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 5,600 living square feet and 8,121 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful 6 unit building in the heart of Westwood is renovated with modern amenities while maintaining original charm! 2 (2br+1.5ba) and 4 (1br+1.5ba) units. All units feature hardwood floors, powder room, central A/C, cedar closets, remodeled kitchens and bathrooms, and parking for each unit in detached garage. One unit is currently vacant. New owner may be able to add ADU over garage building for additional income. Only minutes from UCLA, Westwood Village, Century City, Beverly Hills, Brentwood, easy access to 405 fwy, and more!

Listed by Yana Temkin | BRE #01330537 | Yana Temkin
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
8,121
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21685302
City
Los Angeles
County
Los Angeles
Time on Site
1243 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,990
  • Total Rent: $2,652
  • Pro Forma/Market Rent: $2,990
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,790
  • Total Rent: $2,575
  • Pro Forma/Market Rent: $2,790
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,790
  • Total Rent: $2,790
  • Pro Forma/Market Rent: $2,790
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,990
  • Total Rent: $2,990
  • Pro Forma/Market Rent: $2,990
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,790
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,790
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,790
  • Total Rent: $2,564
  • Pro Forma/Market Rent: $2,790
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.48
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $206,880
  • Laundry Income: $1,200
  • Other Income 1: $205,680
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1412 Kelton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 6
  • Parcel Number: 4324011003
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: Kelton Ave. between Wilkins Ave. & Ohio Ave.
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Sale History for 1412 Kelton Ave

Last sold for $3,200,000 on February 23rd, 2021
  • February, 2021

  • Feb 23, 2021

    Date

    Sold

    CRMLS: 21685302

    $3,200,000

    Price

  • Feb 9, 2021

    Date

    Active Under Contract

    CRMLS: 21685302

    $3,200,000

    Price

  • Feb 3, 2021

    Date

    Active

    CRMLS: 21685302

    $3,200,000

    Price

  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

  • April, 1999

  • Apr 21, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1412 Kelton Ave

Assessed Value (2020): $1,024,925
Year Land Value Improved Value Assessed Value
2020 $716,736 $308,189 $1,024,925

Home Value Compared to the Market

This property vs the competition

1412 Kelton Ave sold on February 23, 2021 for 183.19% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $571.43 per/sqft which puts the price per square foot 24.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1412 Kelton Ave

Detailed summary of property

1412 Kelton Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 5,600 living square feet, and sits on an approximately 8,121 square foot lot. 1412 Kelton Ave was first listed on ArdentRealEstateGroup.com on February 3, 2021. The homeowner sold the property for $3,200,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 183.19% higher than the current median priced home. Local homes that are currently for sale include 3758 Inglewood Blvd, 1119 Rexford Dr and 3630 Beethoven St. While the average home in Los Angeles, CA is selling in 99 days, 1412 Kelton Ave has a days on market of 5 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1412 Kelton Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1412 Kelton Ave

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
5,600
Lot Size
8,120
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
4324-011-003

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,395,000
Median List Price/Sq.Ft.
$825
Median Sold Price
$1,325,000
Median Sold Price/Sq.Ft.
$793
Total Inventory
175
Median Sale to List Price %
98.22%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (24%), Other (8%)

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Related Resources to 1412 Kelton Ave

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.