1451 S Holt Ave, Los Angeles, CA 90035
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1451 S Holt Ave Los Angeles, CA 90035

$1,600,000
  • 4 Beds
  • 2 Baths
  • 2,595 Sq.Ft.
For Sale
$1,600,000 Get Pre-Qualified

Map preview of 1451 S Holt Ave, Los Angeles, CA 90035

Property Overview: 1451 S Holt Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,595 living square feet and 6,503 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: Welcome to 1451 S Holt Ave, a duplex nestled in the highly sought-after Pico Robertson neighborhood of Los Angeles. This property, boasting an expansive lot size of 6,503 square feet and a generous building area of 2,595 square feet, offers an incredible chance for investors. With R3 Tier 3 zoning, this duplex is a canvas for creativity, presenting two 2+1 unit mixes and the potential to add an ADU or pursue a complete rebuild. The bottom unit will be delivered vacant while the top unit is paying $1,830 per month. Developer can build up to 15 Units using TOC bonus or can do approximately 35 units on 4 stories for 100% affordable housing through ED1. Will not show property with out an accepted offer.

Listed by Ariel Sayani | BRE #02072610 | Keller Williams Beverly Hills
Co-listed by Michael Monempour | BRE #01996829 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 13 minutes ago | Last updated: January 19th, 2024 | Source CRMLS | DOM: 91
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,503
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24346517
City
Los Angeles
County
Los Angeles
Time on Site
109 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,830
  • Total Rent: $1,830
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 26
  • Gross Scheduled Income: --
  • Net Operating Income: $45,000
  • Gross Operating Income: $57,945
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1451 S Holt Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 4303019031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just west of Pico and La Cienega
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Sale History for 1451 S Holt Ave

View property's historical transactions
  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: 24346517

    $1,600,000

    Price

Tax History for 1451 S Holt Ave

Assessed Value (2020): $316,812
Year Land Value Improved Value Assessed Value
2020 $198,466 $118,346 $316,812

Home Value Compared to the Market

This property vs the competition

1451 S Holt Ave is listed 29.45% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $616.57 per/sqft which puts the price per square foot 20.24% lower than the median price per square foot for the city of Los Angeles.

About 1451 S Holt Ave

Detailed summary of property

1451 S Holt Ave is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 2,595 living square feet, and sits on an approximately 6,503 square foot lot. 1451 S Holt Ave was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner is currently asking $1,600,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.45% higher than the median priced home. Local competing homes currently for sale include 1455 S Genesee Ave, 6446 W 6th St and 1847 S Curson Ave. While the average home in Los Angeles, CA is selling in 96 days, 1451 S Holt Ave has a days on market of 91 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1451 S Holt Ave Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1451 S Holt Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
2,595
Lot Size
6,501
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
162
APN
4303-019-031

The source for these homes facts are from public records.

90035 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.
$785
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$836
Total Inventory
53
Median Sale to List Price %
92.92%
Avg Days on Market
47
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (15.38%)

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Related Resources to 1451 S Holt Ave

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.