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1450 Ricardo St, Los Angeles, CA 90033
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1450 Ricardo St Los Angeles, CA 90033

$1,100,000 Sold Price as of 12/08/2023
  • 7 Beds
  • 6 Baths
  • 4,026 Sq.Ft.
Sold
$1,100,000 Sold Price as of 12/08/2023 Refinance Your Mortgage
Map preview of 1450 Ricardo St, Los Angeles, CA 90033

Property Overview: 1450 Ricardo St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 4,026 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property is located just east of the Keck Medicine of USC Campus and the Keck Hospital of USC. There are four residential units total. The front duplex consists of a large two bedrooms one bathroom unit facing the street and an attached one bedroom one bathroom unit. Also separate from the front duplex there is a newer built (2007) two story duplex consisting of two bedrooms and two bathrooms each. There is also off-street parking for each unit on the property. Unit#1450 is a two bedrooms one bathroom unit. Unit #1450 1/2 is a one bedroom one bathroom unit. Unit #1452 consists of two bedrooms and two bathrooms. Unit #1454 consists of two bedrooms and two bathrooms.

Listed by Victor Palacios | BRE #00816840 | Star Realty of Southern California
Last checked: 7 minutes ago | Last updated: December 9th, 2023 | Source CRMLS | DOM: 269

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
2007
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW22255112
City
Los Angeles
County
Los Angeles
Time on Site
654 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,800
  • Net Operating Income: $35,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $2,000
  • Water/Sewer: $2,400

Property Details for 1450 Ricardo St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One, Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Carport, Attached Carport, Direct Garage Access, Driveway, Driveway Up Slope From Street, Gated, Off Street
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5202013005
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of Soto Street and North of the 10 Freeway. East of the Keck Hospital of USC.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1450 Ricardo St

Last sold for $1,100,000 on December 8th, 2023

  • December, 2023

  • Dec 8, 2023

    Date

    Sold

    CRMLS: DW22255112

    $1,100,000

    Price

  • Dec 13, 2022

    Date

    Active

    CRMLS: DW22255112

    $1,399,000

    Price

  • September, 1999

  • Sep 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $93,000

    Price

Show More

Tax History for 1450 Ricardo St

Assessed Value (2020): $413,387
Year Land Value Improved Value Assessed Value
2020 $140,531 $272,856 $413,387

Home Value Compared to the Market

This property vs the competition

1450 Ricardo St sold on December 8, 2023 for 7.05% 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 $297.81 per/sqft which puts the price per square foot 58.87% lower than the current median sale per square foot for the city of Los Angeles.

About 1450 Ricardo St

Detailed summary of property

1450 Ricardo St is a fourplex that recently sold in Los Angeles, CA 90033. This fourplex offered 7 bedrooms, 6 bathrooms, roughly 4,026 living square feet, and sits on an approximately 7,502 square foot lot. 1450 Ricardo St was first listed on ArdentRealEstateGroup.com on December 13, 2022. The homeowner sold the property for $1,100,000. 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 7.05% higher than the current median priced home. Local homes that are currently for sale include 3820 City Terrace Dr, 3829 Dwiggins St and 929 N Rowan Ave. While the average home in Los Angeles, CA is selling in 106 days, 1450 Ricardo St has a days on market of 269 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 1450 Ricardo St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1450 Ricardo St

Public county record property details
Beds
7
Baths
6
Year built
1906
Sq. Ft.
4,026
Lot Size
7,501
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5202-013-005

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
7
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

Thinking of Selling?

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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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