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1422 Tamarind Ave, Los Angeles, CA 90028
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1422 Tamarind Ave Los Angeles, CA 90028

$5,000,000 Sold Price as of 06/28/2019
  • 20 Beds
  • 21 Baths
  • -- Sq.Ft.
Sold
$5,000,000 Sold Price as of 06/28/2019 Refinance Your Mortgage
Map preview of 1422 Tamarind Ave, Los Angeles, CA 90028

Property Overview: 1422 Tamarind Ave Los Angeles, CA has 20 bedrooms, 21 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1422 Tamarind Ave, this 17-unit apartment community is located just South of Sunset Blvd, in the neighborhood of Hollywood. Walking distance to a myriad of coffee shops, restaurants, theaters, and colleges. Walking proximity to over 1m square feet of brand new office space. Directly across from Sunset Gower Studios. The property features 14,244 square feet of rentable area, situated on a large 12,999 square foot lot zoned LAR4. This 17 unit building is comprised of (4) twobedroom, two-bathroom units, (12) one-bedroom, one bathroom units, and (1) studio unit. The building has been well maintained and includes a beautifully landscaped central courtyard. Approximately 20 parking spots included in the property.

Listed by Kenny Stevens | BRE #01090251 | Compass
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 188

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18358686
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $8,866
  • Total Rent: $8,866
  • Pro Forma/Market Rent: $10,600
Unit Breakdown 2
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $18,653
  • Total Rent: $18,653
  • Pro Forma/Market Rent: $25,140
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $859
  • Total Rent: $859
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.53
  • Gross Scheduled Income: --
  • Net Operating Income: $208,896
  • Gross Operating Income: $341,604
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1422 Tamarind Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 17
  • Parcel Number: 5545015050
Location / Neighborhood
Location Information
  • Directions: Sunset and Tamarind
View more facts & features

Local Los Angeles Agent

Sale History for 1422 Tamarind Ave

Last sold for $5,000,000 on July 1st, 2019

  • January, 2020

  • Jan 21, 2020

    Date

    Sold

    CRMLS: 18358686

    $5,000,000

    Price

  • Feb 8, 2019

    Date

    Active Under Contract

    CRMLS: 18358686

    $5,065,000

    Price

  • Dec 19, 2018

    Date

    Active

    CRMLS: 18358686

    $5,065,000

    Price

  • Dec 2, 2018

    Date

    Expired

    CRMLS: 18358686

    $5,065,000

    Price

  • Aug 8, 2018

    Date

    Price Change

    CRMLS: 18358686

    $5,065,000

    Price

  • Jun 25, 2018

    Date

    Active

    CRMLS: 18358686

    $5,100,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,000,000

    Price

  • May, 2013

  • May 9, 2013

    Date

    Sold (Public Records)

    Public Records

    $2,900,029

    Price

Show More

Tax History for 1422 Tamarind Ave

Assessed Value (2020): $5,000,650
Year Land Value Improved Value Assessed Value
2020 $2,600,000 $2,400,650 $5,000,650

Home Value Compared to the Market

This property vs the competition

1422 Tamarind Ave sold on June 28, 2019 for 325.63% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1422 Tamarind Ave

Detailed summary of property

1422 Tamarind Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 20 bedrooms, 21 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 1422 Tamarind Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $5,000,000. 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 325.63% higher than the current median priced home. Local homes that are currently for sale include 722 S Manhattan Pl, 211 S Poinsettia Pl and 914 S Gramercy Dr. While the average home in Los Angeles, CA is selling in 92 days, 1422 Tamarind Ave has a days on market of 188 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 1422 Tamarind Ave 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 Tamarind Ave

Public county record property details
Beds
20
Baths
16
Year built
1962
Sq. Ft.
14,244
Lot Size
12,999
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
86,87
APN
5545-015-050

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
36
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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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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