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1426 Allison Ave, Los Angeles, CA 90026
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1426 Allison Ave Los Angeles, CA 90026

$2,100,000 Sold Price as of 05/05/2022
  • 18 Beds
  • 21 Baths
  • 4,304 Sq.Ft.
Sold
$2,100,000 Sold Price as of 05/05/2022 Refinance Your Mortgage
Map preview of 1426 Allison Ave, Los Angeles, CA 90026

Property Overview: 1426 Allison Ave Los Angeles, CA has 18 bedrooms, 21 bathrooms, 4,304 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1426 Allison Avenue is located in the highly-sought after neighborhood of Angelino Heights. Situated 1 block away from Sunset Boulevard and a 5-minute walk to Dodgers Stadium, tenants have access to a myriad of entertainment and eating options. The opportunity consists of three separate duplex constructures -- showcasing 1 studio unit, three 1bed/1bath units, & two 2bed/1bath units. In a neighborhood distinguished for its Victorian homes, there are only a handful apartment buildings of this magnitude in Angelino Heights.

Listed by Andres Diaz | BRE #01956479 | Keller Williams Downtown LA
Last checked: 8 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22133535
City
Los Angeles
County
Los Angeles
Time on Site
939 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $632
  • Total Rent: $632
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,266
  • Total Rent: $2,266
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,317
  • Total Rent: $2,317
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,315
  • Total Rent: $1,315
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.49
  • Gross Scheduled Income: --
  • Net Operating Income: $85,744
  • Gross Operating Income: $133,440
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1426 Allison Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 6
  • Parcel Number: 5405003014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located south of Sunset Boulevard in Angelino Heights. Mid-block on Allison Avenue -- between Douglas street & Laveta Terrace.
View more facts & features

Local Los Angeles Agent

Sale History for 1426 Allison Ave

Last sold for $2,100,000 on May 5th, 2022

  • May, 2022

  • May 5, 2022

    Date

    Sold

    CRMLS: 22133535

    $2,100,000

    Price

  • Mar 4, 2022

    Date

    Active

    CRMLS: 22133535

    $2,200,000

    Price

  • December, 2002

  • Dec 20, 2002

    Date

    Sold (Public Records)

    Public Records

    $445,000

    Price

Show More

Tax History for 1426 Allison Ave

Assessed Value (2020): $589,302
Year Land Value Improved Value Assessed Value
2020 $389,341 $199,961 $589,302

Home Value Compared to the Market

This property vs the competition

1426 Allison Ave sold on May 5, 2022 for 96.43% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $511.15 per/sqft which puts the price per square foot 29.4% lower than the current median sale per square foot for the city of Los Angeles.

About 1426 Allison Ave

Detailed summary of property

1426 Allison Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 18 bedrooms, 21 bathrooms, roughly 4,304 living square feet, and sits on an approximately 7,500 square foot lot. 1426 Allison Ave was first listed on ArdentRealEstateGroup.com on March 4, 2022. The homeowner sold the property for $2,100,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 96.43% higher than the current median priced home. Local homes that are currently for sale include 427 S Alvarado St, 2642 Queen St and 436 S Grand View St. While the average home in Los Angeles, CA is selling in 106 days, 1426 Allison Ave has a days on market of 42 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1426 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 1426 Allison Ave

Public county record property details
Beds
7
Baths
6
Year built
1929
Sq. Ft.
4,304
Lot Size
7,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5405-003-014

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
$1,250,000
Median List Price/Sq.Ft.
$822
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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