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1429 Constance St, Los Angeles, CA 90015
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1429 Constance St Los Angeles, CA 90015

$856,000 Sold Price as of 08/12/2022
  • 7 Beds
  • 4 Baths
  • 2,755 Sq.Ft.
Sold
$856,000 Sold Price as of 08/12/2022 Refinance Your Mortgage
Map preview of 1429 Constance St, Los Angeles, CA 90015

Property Overview: 1429 Constance St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,755 living square feet and 7,303 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Invest or live near the heart of Downtown L.A.! 1429 Constance St. lies in the Pico-Union Historical Preservation Overlay Zone (HPOZ) where you will see a community of beautiful and distinctly styled Victorian, Craftsman & Mission Revival homes, which were designed by well know architects. Easily navigate through the city, to work, school or for fun from nearby bus stops, Metrolink train stations & freeway toll roads. Nearby major attractions: Crypto.com Center, LA Convention Center, LA Live, Regal Cinemas, LAFC stadium & USC college are just blocks away. Nearby shopping at Target, Whole Foods, or the 99 cents store are close for comfort & convenience. The property is situated close to L.A.’s top colleges: USC, Mount St. Mary’s, FIDM, Loyola High, Loyola Law School along with other highly coveted top rated charter schools. The vast lot is gated with private parking for approx. six to ten vehicles or a boat or RV. Another dwelling ADU or square foot extension could be permitted, but has to be under HPOZ guidelines & under RD 1.5 zoning. Please confirm with the city building, safety & zoning department. 1429 Constance needs some TLC but is a fantastic opportunity for Investors, Developers, Contractors, Students & Buyers! Unit A is 1 bed, 1 bath (downstairs, left), Unit B is 3 beds, 1 bath (upstairs, middle), Unit C is 1 bed, 1 bath (downstairs, right) with a separate loft area, Unit D is a studio set up with 1 bath (rear). All with separate electricity, gas, water is shared. Unit A and Unit D are vacant.

Listed by Christopher Rubio | BRE #01959226 | Rubio Real Estate
Co-listed by Jocelyn Jauregui | BRE #01958995 | Rubio Real Estate
Last checked: 8 minutes ago | Last updated: September 1st, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
7,303
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC22144115
City
Los Angeles
County
Los Angeles
Time on Site
686 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $640
  • Total Rent: $640
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,080
  • Net Operating Income: $12,124
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,956
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $400
  • Insurance: $2,000
  • Water/Sewer: $1,000

Property Details for 1429 Constance St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, RV Access/Parking, RV Potential
Lot Information
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills, Mountain(s), Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5135019018
  • Year Built Source: Other
  • Architectural Style: Victorian
  • Property is Attached
  • Property Condition: Fixer, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: constance and venice
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1429 Constance St

Last sold for $856,000 on August 12th, 2022

  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: OC22144115

    $856,000

    Price

  • Jul 1, 2022

    Date

    Active

    CRMLS: OC22144115

    $849,998

    Price

  • August, 2021

  • Aug 7, 2021

    Date

    Withdrawn

    CRMLS: RS21104649

    $949,900

    Price

  • May 17, 2021

    Date

    Active

    CRMLS: RS21104649

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Victorian home located in the heart of Los Angeles just minutes from Staples Center, the Convention Center and more. This home offers four units on a large lot with plenty of parking. This property was built in 1923 and has beautiful characteristics including a large wrap around porch.

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Tax History for 1429 Constance St

Assessed Value (2020): $265,964
Year Land Value Improved Value Assessed Value
2020 $257,057 $8,907 $265,964

Home Value Compared to the Market

This property vs the competition

1429 Constance St sold on August 12, 2022 for 36.97% 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 $272.23 per/sqft which puts the price per square foot 63.94% lower than the current median sale per square foot for the city of Los Angeles.

About 1429 Constance St

Detailed summary of property

1429 Constance St is a fourplex that recently sold in Los Angeles, CA 90015. This fourplex offered 7 bedrooms, 4 bathrooms, roughly 2,755 living square feet, and sits on an approximately 7,303 square foot lot. 1429 Constance St was first listed on ArdentRealEstateGroup.com on July 1, 2022. The homeowner sold the property for $856,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 218 E 27th St, 2010 Valley St and 235 Crandall St. While the average home in Los Angeles, CA is selling in 94 days, 1429 Constance St has a days on market of 8 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 1429 Constance St Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1429 Constance St

Public county record property details
Beds
5
Baths
4
Year built
--
Sq. Ft.
2,755
Lot Size
7,303
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5135-019-018

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$723
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
81
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (27.27%), Other (18.18%)

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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