1422 Gordon St, Los Angeles, CA 90028
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1422 Gordon St Los Angeles, CA 90028

$2,220,000 Sold Price as of 04/12/2022
  • 9 Beds
  • 8 Baths
  • 5,110 Sq.Ft.
Sold
$2,220,000 Sold Price as of 04/12/2022 Refinance Your Mortgage

Map preview of 1422 Gordon St, Los Angeles, CA 90028

Property Overview: 1422 Gordon St Los Angeles, CA has 9 bedrooms, 8 bathrooms, 5,110 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INCREDIBLE LOCATION NOT TO BE MISSED. RARELY DOES A PROPERTY LIKE THIS COME ON THE MARKET. FIRST TIME ON THE MARKET IN 4 DECADES - STEPS FROM SUNSET BLVD. AND GOWER STUDIOS, EMERSON COLLEGE CAMPUS , TECHNICOLOR OFFICES AND THE NETFLIX CAMPUS! SEVEN (7) - ONE BEDROOM UNITS AND ONE (1) TWO BEDROOM UNIT. 7 PARKING SPACES AND ON SITE OWNED LAUNDRY. BEAUTIFUL AND WELL CARED FOR MID CENTURY BREAD AND BUTTER BUILDING WITH SIGNIFICANT RENTAL UPSIDE. SECOND FAMILY TO OWN THIS BUILDING. PROPERTY WAS PURCHASED FROM THE ORIGINAL BUILDER WHO INDICATED IT WAS ALL FRAMED IN REDWOOD. CALL LA FOR INFO.

Listed by Alex Galuz | BRE #01291486 | Keller Williams Realty Calabasas
Last checked: 1 minute ago | Last updated: April 12th, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22125949
City
Los Angeles
County
Los Angeles
Time on Site
821 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,591
  • Total Rent: $13,965
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $87,400
  • Gross Operating Income: $145,500
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1422 Gordon St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 8
  • Parcel Number: 5545014041
  • Architectural Style: Mid Century Modern
Location / Neighborhood
Location Information
  • Directions: TAKE SUNSET BLVD EAST PAST VINE ST AND HEAD SOUTH TWO STREETS AFTER GOWER.
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Sale History for 1422 Gordon St

Last sold for $2,220,000 on April 12th, 2022
  • April, 2022

  • Apr 12, 2022

    Date

    Sold

    CRMLS: 22125949

    $2,220,000

    Price

  • Feb 7, 2022

    Date

    Active

    CRMLS: 22125949

    $2,399,000

    Price

  • July, 2017

  • Jul 11, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2016

  • Apr 1, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1422 Gordon St

Assessed Value (2020): $146,820
Year Land Value Improved Value Assessed Value
2020 $52,432 $94,388 $146,820

Home Value Compared to the Market

This property vs the competition

1422 Gordon St sold on April 12, 2022 for 101.6% 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 $469.47 per/sqft which puts the price per square foot 37.82% lower than the current median sale per square foot for the city of Los Angeles.

About 1422 Gordon St

Detailed summary of property

1422 Gordon St is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 5,110 living square feet, and sits on an approximately 6,501 square foot lot. 1422 Gordon St was first listed on ArdentRealEstateGroup.com on February 8, 2022. The homeowner sold the property for $2,220,000. 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 101.6% higher than the current median priced home. Local homes that are currently for sale include 6821 Whitley Terrace, 1425 N Normandie Ave and 1303 N Citrus Ave. While the average home in Los Angeles, CA is selling in 93 days, 1422 Gordon St has a days on market of 30 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1422 Gordon St Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1422 Gordon St

Public county record property details
Beds
8
Baths
8
Year built
1954
Sq. Ft.
5,110
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
182
APN
5545-014-041

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 1422 Gordon St

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.