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1432 Fairbanks Pl, Los Angeles, CA 90026
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1432 Fairbanks Pl Los Angeles, CA 90026

$1,750,000
  • 7 Beds
  • 4 Baths
  • 2,852 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified
Map preview of 1432 Fairbanks Pl, Los Angeles, CA 90026

Property Overview: 1432 Fairbanks Pl Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,852 living square feet and 5,203 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in Echo Park, centrally located to the Glendale 2 Fwy, Golden State 5 Fwy, 110 Fwy, and the 101 Fwy. The property is just minutes away from Dodger Stadium, Chinatown, and Downtown Los Angeles. The property consists of three 2 bedrooms, 1 bathroom and one 1 bedroom, 1 bathroom. As you make your way up the hill side, you'll notice two structures. The first structure contains three units on multi-levels. First lever holds a cozy 2 bedroom, 2 bathroom with a deck. The second level is another 2 bedroom with wide open living room and views of Echo Park. A bright 1 bedroom, 1 bathroom unit sits on the third lever. Sitting at the top of the hill you'll find the 2 bedroom free standing bungalow with deck overlooking the city.

Listed by Henry Aviles | BRE #01323324 | Horizon Real Estate Management Group
Last checked: 2 minutes ago | Last updated: June 9th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,203
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24385257
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,334
  • Total Rent: $1,334
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,496
  • Total Rent: $2,496
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,282
  • Total Rent: $2,282
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,114
  • Total Rent: $3,114
  • Pro Forma/Market Rent: $3,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.88%
  • Gross Rent Multiplier: 15.35
  • Gross Scheduled Income: --
  • Net Operating Income: $83,056
  • Gross Operating Income: $107,420
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1432 Fairbanks Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5419024030
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Sunset and just East of Echo Park Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1432 Fairbanks Pl

Last sold for $1,000,000 on March 5th, 2013

  • June, 2024

  • Jun 1, 2024

    Date

    Active

    CRMLS: 24385257

    $1,750,000

    Price

  • March, 2013

  • Mar 5, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

  • April, 2010

  • Apr 21, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1432 Fairbanks Pl

Assessed Value (2020): $1,125,979
Year Land Value Improved Value Assessed Value
2020 $788,186 $337,793 $1,125,979

Home Value Compared to the Market

This property vs the competition

1432 Fairbanks Pl is listed 40% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $613.6 per/sqft which puts the price per square foot 21.33% lower than the median price per square foot for the city of Los Angeles.

About 1432 Fairbanks Pl

Detailed summary of property

1432 Fairbanks Pl is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 2,852 living square feet, and sits on an approximately 5,203 square foot lot. 1432 Fairbanks Pl was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $1,750,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40% higher than the median priced home. Local competing homes currently for sale include 857 N La Fayette Park Pl, 125 Union Pl and 151 S Mountainview St. While the average home in Los Angeles, CA is selling in 98 days, 1432 Fairbanks Pl has a days on market of 17 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 1432 Fairbanks Pl 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 1432 Fairbanks Pl

Public county record property details
Beds
7
Baths
5
Year built
1926
Sq. Ft.
2,852
Lot Size
5,201
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5419-024-030

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
$1,299,000
Median List Price/Sq.Ft.
$820
Median Sold Price
$1,540,000
Median Sold Price/Sq.Ft.
$1,098
Total Inventory
82
Median Sale to List Price %
110.39%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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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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