142 W 61St St #1, Los Angeles, CA 90003
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142 W 61St St #1 Los Angeles, CA 90003

$970,000 Sold Price as of 02/24/2022
  • 8 Beds
  • 5 Baths
  • 3,636 Sq.Ft.
Sold
$970,000 Sold Price as of 02/24/2022 Refinance Your Mortgage

Map preview of 142 W 61St St #1, Los Angeles, CA 90003

Property Overview: 142 W 61St St #1 Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,636 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic income property opportunity. 4 units , very well maintained, All current on rent and all with great tenants, One vacant unit 2/1 so far collecting $4095 on rent with one vacant. come see this beautiful opportunity Saturday and Sunday 18.19 @ 12-3 pm

Listed by Jared Nunez | BRE #01961731 | Ambiance Realty
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21264058
City
Los Angeles
County
Los Angeles
Time on Site
871 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: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,220
  • Total Rent: $1,220
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,095
  • Net Operating Income: $4,345
  • Gross Operating Income: --
  • Vacancy Allowance: $2,500
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Property Details for 142 W 61St St #1

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6005019016
  • Year Built Source: Appraiser
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 61st and Broadway
Neighborhood Information
  • Community Features: Park, Rural
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Sale History for 142 W 61St St #1

Last sold for $970,000 on February 24th, 2022
  • February, 2022

  • Feb 24, 2022

    Date

    Sold

    CRMLS: PW21264058

    $970,000

    Price

  • Dec 13, 2021

    Date

    Active

    CRMLS: PW21264058

    $889,999

    Price

  • February, 2018

  • Feb 1, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2018

  • Jan 8, 2018

    Date

    Canceled

    CRMLS: 17278618

    $719,900

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: 17278618

    $719,900

    Price

  • Listing provided courtesy of CRMLS

    WONDERFUL OPPORTUNITY TO OWN 4 UNITS IN LOS ANGELES CA. 3 UNITS ARE TENANT OCCUPIED AND WILL BE DELIVERED OCCUPIED. 1 UNIT IS VACANT. GATED PARKING FOR ALL 4 UNITS. COMMUNITY LAUNDRY AREA FOR ALL UNITS. SELLER IS A LICENSED CA REALTOR.

  • July, 2017

  • Jul 11, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 142 W 61St St #1

Assessed Value (2020): $728,280
Year Land Value Improved Value Assessed Value
2020 $286,110 $442,170 $728,280

Home Value Compared to the Market

This property vs the competition

142 W 61St St #1 sold on February 24, 2022 for 25.21% 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 $244.77 per/sqft which puts the price per square foot 67.58% lower than the current median sale per square foot for the city of Los Angeles.

About 142 W 61St St #1

Detailed summary of property

142 W 61St St #1 is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 3,636 living square feet, and sits on an approximately 5,120 square foot lot. 142 W 61St St #1 was first listed on ArdentRealEstateGroup.com on December 14, 2021. The homeowner sold the property for $970,000. 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 25.21% lower than the current median priced home. Local homes that are currently for sale include 217 E 77th St, 7704 S Grand Ave and 943 W 65th St. While the average home in Los Angeles, CA is selling in 96 days, 142 W 61St St #1 has a days on market of 21 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 142 W 61St St #1 Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 142 W 61St St #1

Public county record property details
Beds
8
Baths
4
Year built
1963
Sq. Ft.
3,636
Lot Size
5,120
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
104
APN
6005-019-016

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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.