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1449 W 28Th St Los Angeles, CA 90007

$1,680,000 Sold Price as of 08/06/2020

15 Beds
10 Baths
-- Sq.Ft.

Sold

$1,680,000 Sold Price as of 08/06/2020 Refinance Your Mortgage

Map preview of 1449 W 28Th St, Los Angeles, CA 90007

Property Overview: 1449 W 28Th St Los Angeles, CA has 15 bedrooms, 10 bathrooms, -- living square feet and 6,754 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6.3 CAP RATE ON ACTUAL!!!! Beautifully renovated Craftsman within the USC Campus Patrol Zone. The house was renovated in 2012 to bring back the historic charm of this gentrifying neighborhood. The renovation included new interiors throughout, on-site laundry room, and other amenities. The house is ideal for student groups as it can sleep 7+. The property is 2,234 +/- SF on a 6,753 +/- SF lot zoned LAR2. The ADU was constructed in 2019, which added 1,200 +/- SF of living space and 4 bedrooms, each with their own split HVAC. There is a monthly parking income of $250. Leases are actual and have been extended through the 2021 school year.

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft: 6,754
HOA Dues: $0/mo
Year built: 1903
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20561322
City: Los Angeles
County: Los Angeles
Time on Site: 1263 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 7
# of Baths: 4
Furnishing: Unfurnished
Actual Rent: $7,400
Total Rent: $90,000
Pro Forma/Market Rent: $7,500

Unit Breakdown 2

# of Units: 2
# of Beds: 4
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $4,738
Total Rent: $56,856
Pro Forma/Market Rent: $4,800

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 11.4
Gross Scheduled Income: --
Net Operating Income: $106,259
Gross Operating Income: $148,656

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1449 W 28Th St

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway

Property Information

Total # of Units: 2
Parcel Number: 5054032020

Location / Neighborhood

Location Information

Directions: On the 10 freeway, take the Vermont exit and go south on Vermont. Make a right on 28th St. The property will be on the north side of the street to your right.

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Local Los Angeles Agent

Sale History for 1449 W 28Th St

Last sold on September 21st, 2020

September, 2020
Sep 21, 2020

Date

Sold (Public Records)

Public Records

--

Price
August, 2020
Aug 7, 2020

Date

Sold

CRMLS: 20561322

$1,680,000

Price
Mar 24, 2020

Date

Active Under Contract

CRMLS: 20561322

$1,700,000

Price
Mar 6, 2020

Date

Active

CRMLS: 20561322

$1,700,000

Price
August, 2020
Aug 6, 2020

Date

Sold (Public Records)

Public Records

$1,680,000

Price

Tax History for 1449 W 28Th St

Assessed Value (2020): $416,608

Year	Land Value	Improved Value	Assessed Value
2020	$284,870	$131,738	$416,608

Home Value Compared to the Market

This property vs the competition

1449 W 28Th St sold on August 6, 2020 for 50.44% higher than the current median sold price for the city of Los Angeles which is $1,130,000.

About 1449 W 28Th St

Detailed summary of property

1449 W 28Th St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 15 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 6,754 square foot lot. 1449 W 28Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,680,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.44% higher than the current median priced home. Local homes that are currently for sale include 2121 Portland St, 2112 Toberman St and 1731 S New England St. While the average home in Los Angeles, CA is selling in 99 days, 1449 W 28Th St has a days on market of 87 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1449 W 28Th St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1449 W 28Th St

Public county record property details

Beds: 3
Baths: 1
Year built: 1903
Sq. Ft.: 1,803
Lot Size: 6,753
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 12
APN: 5054-032-020

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,380,000

Median List Price/Sq.Ft.

$501

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$410

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.