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1465 W 25Th St Los Angeles, CA 90007

$1,575,000 Sold Price as of 09/12/2019

12 Beds
8 Baths
5,386 Sq.Ft.

Sold

$1,575,000 Sold Price as of 09/12/2019 Refinance Your Mortgage

Map preview of 1465 W 25Th St, Los Angeles, CA 90007

Property Overview: 1465 W 25Th St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 5,386 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I am pleased to present for sale a seven unit apart-ment community situated in the University Park submarket. Conveniently located north of Adams Boulevard and just west of Vermont Avenue, the property is walking distance to the University of Southern California campus and The USC Village. The subject property features a highly desirable mix of three one-bedroom/one-bath units, three two-bedroom/one-bath units and one three-bed-room/two-bath unit. The property has on-site parking with a total of nine spaces and is individ-ually metered for gas and electric. The property is constructed of wood frame and stucco and is situated on a 6,750 square foot parcel. Due to its 1964 construction, the property is subject to Los Angeles rent control statutes.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft: 6,750
HOA Dues: $0/mo
Year built: 1964
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19467416
City: Los Angeles
County: Los Angeles
Time on Site: 1222 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 7
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 3
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,195
Total Rent: $3,593
Pro Forma/Market Rent: $5,400

Unit Breakdown 2

# of Units: 3
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,451
Total Rent: $4,354
Pro Forma/Market Rent: $6,600

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,266
Total Rent: $2,266
Pro Forma/Market Rent: $3,000

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 4.5%
Gross Rent Multiplier: 13.26
Gross Scheduled Income: --
Net Operating Income: $73,186
Gross Operating Income: $122,896
Improvements Total: $333,540

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1465 W 25Th St

Interior Features

Cooling Information

Has Cooling
See Remarks

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Uncovered, Covered

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 7
Parcel Number: 5054026015

Location / Neighborhood

Location Information

Directions: Conveniently located north of Adams Boulevard and just west of Vermont Avenue, the property is walking distance to the University of Southern California campus and The USC Village.

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Local Los Angeles Agent

Sale History for 1465 W 25Th St

Last sold for $1,575,000 on September 13th, 2019

September, 2019
Sep 23, 2019

Date

Sold

CRMLS: 19467416

$1,575,000

Price
Jul 19, 2019

Date

Active Under Contract

CRMLS: 19467416

$1,625,000

Price
Jun 11, 2019

Date

Price Change

CRMLS: 19467416

$1,625,000

Price
May 17, 2019

Date

Active

CRMLS: 19467416

$1,700,000

Price
September, 2019
Sep 13, 2019

Date

Sold (Public Records)

Public Records

$1,575,000

Price
September, 2015
Sep 25, 2015

Date

Sold (Public Records)

Public Records

$1,090,000

Price

Tax History for 1465 W 25Th St

Assessed Value (2020): $1,575,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,200,000	$375,000	$1,575,000

Home Value Compared to the Market

This property vs the competition

1465 W 25Th St sold on September 12, 2019 for 36.55% higher 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 $301.71 per/sqft which puts the price per square foot 60.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1465 W 25Th St

Detailed summary of property

1465 W 25Th St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 5,386 living square feet, and sits on an approximately 6,750 square foot lot. 1465 W 25Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,575,000. 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 36.55% higher than the current median priced home. Local homes that are currently for sale include 1270 W 35th Pl, 1302 W 35th Pl and 1318 W 35th Pl. While the average home in Los Angeles, CA is selling in 92 days, 1465 W 25Th St has a days on market of 55 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1465 W 25Th 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 1465 W 25Th St

Public county record property details

Beds: 12
Baths: 8
Year built: 1964
Sq. Ft.: 5,386
Lot Size: 6,749
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 57
APN: 5054-026-015

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

$1,198,999

Median List Price/Sq.Ft.

$616

Median Sold Price

$710,000

Median Sold Price/Sq.Ft.

$645

Total Inventory

Median Sale to List Price %

94.79%

Avg Days on Market

Loan Type

Conventional (0%), 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.