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1415 Allison Ave Los Angeles, CA 90026

$595,000 Sold Price as of 08/31/2021

5 Beds
2 Baths
1,338 Sq.Ft.

Sold

$595,000 Sold Price as of 08/31/2021 Refinance Your Mortgage

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Map preview of 1415 Allison Ave, Los Angeles, CA 90026

Property Overview: 1415 Allison Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,338 living square feet and 4,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing duplex with 2 homes on 1 lot in Historic Angelino Heights. This wonderful well cared for duplex features one unit with 2 Bedrooms + 1 bathroom. The other is a 1 bedroom on title, but has been separated into 3 rooms and 1 bathroom. Some interior upgrades over the years. Great opportunity and centrally located. No parking needed for a Dodger game or a stroll to Echo Park Lake. Unit 1409 is apprx. 594 sq & unit 1415 is approx. 744 sq.

Listed by Benjamin Shapiro | BRE #01318506 | Nourmand & Associates-HW

Last checked: 3 minutes ago | Last updated: February 7th, 2024 | Source CRMLS | DOM: 202

Home details

Lot Sq. Ft: 4,999
HOA Dues: $0/mo
Year built: 1922
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20668742
City: Los Angeles
County: Los Angeles
Time on Site: 1214 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,160
Total Rent: $1,160
Pro Forma/Market Rent: $1,600

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,485
Total Rent: $1,485
Pro Forma/Market Rent: $1,750

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1415 Allison Ave

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Room Information

Flooring: Laminate

Kitchen Information

Has Appliances
Disposal

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 2
Parcel Number: 5405002002

Location / Neighborhood

Location Information

Directions: East of Echo Park Ave, South of Sunset, West of Douglas in Historic Angelino Heights

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Local Los Angeles Agent

Sale History for 1415 Allison Ave

Last sold for $595,000 on August 31st, 2021

September, 2021
Sep 1, 2021

Date

Sold

CRMLS: 20668742

$595,000

Price
Aug 2, 2021

Date

Pending

CRMLS: 20668742

$649,000

Price
Jun 29, 2021

Date

Active Under Contract

CRMLS: 20668742

$649,000

Price
Jun 4, 2021

Date

Price Change

CRMLS: 20668742

$649,000

Price
May 24, 2021

Date

Active

CRMLS: 20668742

$699,000

Price
May 12, 2021

Date

Active Under Contract

CRMLS: 20668742

$699,000

Price
May 4, 2021

Date

Active

CRMLS: 20668742

$699,000

Price
Apr 23, 2021

Date

Active Under Contract

CRMLS: 20668742

$699,000

Price
Mar 29, 2021

Date

Price Change

CRMLS: 20668742

$699,000

Price
Mar 4, 2021

Date

Active

CRMLS: 20668742

$725,000

Price
Feb 19, 2021

Date

Active Under Contract

CRMLS: 20668742

$725,000

Price
Dec 8, 2020

Date

Active

CRMLS: 20668742

$725,000

Price
September, 2017
Sep 9, 2017

Date

Expired

CRMLS: 17209220

$789,000

Price
May 1, 2017

Date

Price Change

CRMLS: 17209220

$789,000

Price
Mar 9, 2017

Date

Active

CRMLS: 17209220

$839,000

Price
Listing provided courtesy of CRMLS

Two houses on a lot in sought after Angelino Heights. Both units are currently rented way below market. Some upgrades done to both units over the years. Close to Downtown LA, Dodgers Stadium and frequented Echo Park. No units will be delivered vacant at close of escrow. Subject to 1031 exchange at no cost to the buyer.

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Tax History for 1415 Allison Ave

Assessed Value (2020): $136,360

Year	Land Value	Improved Value	Assessed Value
2020	$113,649	$22,711	$136,360

Home Value Compared to the Market

This property vs the competition

1415 Allison Ave sold on August 31, 2021 for 45.46% 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 $485.05 per/sqft which puts the price per square foot 35.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1415 Allison Ave

Detailed summary of property

1415 Allison Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,338 living square feet, and sits on an approximately 4,999 square foot lot. 1415 Allison Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $595,000. 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 45.46% lower than the current median priced home. Local homes that are currently for sale include 172 E 43rd ST, 3448 Hunter St and 907 E 50th St. While the average home in Los Angeles, CA is selling in 92 days, 1415 Allison Ave has a days on market of 202 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 1415 Allison Ave 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 1415 Allison Ave

Public county record property details

Beds: 1
Baths: 1
Year built: 1922
Sq. Ft.: 1,338
Lot Size: 4,999
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5405-002-002

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.

$736

Median Sold Price

$1,450,000

Median Sold Price/Sq.Ft.

$817

Total Inventory

Median Sale to List Price %

105.92%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), 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.