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1421 Mohawk St, Los Angeles, CA 90026
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1421 Mohawk St Los Angeles, CA 90026

$1,475,000 Sold Price as of 04/08/2019
  • 8 Beds
  • 5 Baths
  • 2,881 Sq.Ft.
Sold
$1,475,000 Sold Price as of 04/08/2019 Refinance Your Mortgage
Map preview of 1421 Mohawk St, Los Angeles, CA 90026

Property Overview: 1421 Mohawk St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,881 living square feet and 7,492 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to introduce 1421 Mohawk Street, Los Angeles, CA 90026 - A quaint Four Plex located in the cusp of Silverlake/Echo Park. Built in the 1920s, these charming units offer the character of 1920s allure with modern upgrades and recent renovations. The four units are allocated among three separate buildings; all of which sit on the large 7,492 SF lot (Zoned R3). Two separate bungalows provide curb appeal and a rear duplex, on two levels, in the back. These apartments are abnormally large with a very attractive unit mix: One (3+2) owners unit, two (2+1)s, and one spacious (1+1). The largest unit, a three bedroom two bath apartment, is currently vacant and provides a perfect 'owner user' opportunity for an intelligent buyer. Rental demand for this pocket is unprecedented; an investor can take advantage of the tremendous amount of value added upside. Onsite parking is available for all units. 1421 Mohawk Street is located near many popular restaurants and bars.

Listed by Enrique Viramontes | BRE #01372010 | Remax Commercial and Investmen
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
7,492
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19419188
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,278
  • Total Rent: $4,555
  • Pro Forma/Market Rent: $5,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $838
  • Total Rent: $838
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.08%
  • Gross Rent Multiplier: 14.52
  • Gross Scheduled Income: --
  • Net Operating Income: $78,691
  • Gross Operating Income: $105,651
  • Improvements Total: $179,150
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1421 Mohawk St

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5424024024
Location / Neighborhood
Location Information
  • Directions: Located on Mohawk St, north of Sunset Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1421 Mohawk St

Last sold for $1,475,000 on April 8th, 2019

  • April, 2019

  • Apr 9, 2019

    Date

    Sold

    CRMLS: 19419188

    $1,475,000

    Price

  • Feb 22, 2019

    Date

    Pending

    CRMLS: 19419188

    $1,550,000

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: 19419188

    $1,550,000

    Price

  • Feb 5, 2019

    Date

    Active Under Contract

    CRMLS: 19419188

    $1,550,000

    Price

  • Jan 4, 2019

    Date

    Active

    CRMLS: 19419188

    $1,550,000

    Price

  • April, 2019

  • Apr 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,475,000

    Price

  • December, 2018

  • Dec 26, 2018

    Date

    Canceled

    CRMLS: 18414796

    $1,550,000

    Price

  • Dec 11, 2018

    Date

    Active

    CRMLS: 18414796

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2014

  • Sep 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1421 Mohawk St

Assessed Value (2020): $1,504,500
Year Land Value Improved Value Assessed Value
2020 $1,198,500 $306,000 $1,504,500

Home Value Compared to the Market

This property vs the competition

1421 Mohawk St sold on April 8, 2019 for 30.25% higher 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 $538.01 per/sqft which puts the price per square foot 28.74% lower than the current median sale per square foot for the city of Los Angeles.

About 1421 Mohawk St

Detailed summary of property

1421 Mohawk St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 2,881 living square feet, and sits on an approximately 7,492 square foot lot. 1421 Mohawk St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,475,000. 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 30.25% higher than the current median priced home. Local homes that are currently for sale include 802 N Dillon St, 961 E Edgeware Rd and 342 N Dillon St. While the average home in Los Angeles, CA is selling in 94 days, 1421 Mohawk St has a days on market of 50 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1421 Mohawk 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 1421 Mohawk St

Public county record property details
Beds
2
Baths
3
Year built
1920
Sq. Ft.
1,944
Lot Size
7,492
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5424-024-024

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
65
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%)

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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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