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1471 W Vernon Ave, Los Angeles, CA 90062
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1471 W Vernon Ave Los Angeles, CA 90062

$815,000 Sold Price as of 02/21/2020
  • 6 Beds
  • 4 Baths
  • 3,911 Sq.Ft.
Sold
$815,000 Sold Price as of 02/21/2020 Refinance Your Mortgage
Map preview of 1471 W Vernon Ave, Los Angeles, CA 90062

Property Overview: 1471 W Vernon Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,911 living square feet and 7,376 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NEW LOWER PRICE!! 4 Units, Perfect for home owner to live in 3 bedroom/1 bathroom SFR and collect INCOME on a 3-unit building with all 1 Bedroom/1 Baths units. Property is performing at market rents, GREAT FINANCIALS. The property is separately metered for gas and electricity. Each unit has inside washer/dryer hookups. Beautiful landscaping, easy to maintain. Convenient location near USC & 110 freeway.

Listed by Mark Perez | BRE #01279393 | So Cal Properties
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
7,376
HOA Dues
$0/mo
Year built
1917
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
RS19255888
City
Los Angeles
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,091
  • Total Rent: $1,091
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,194
  • Total Rent: $1,194
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,015
  • Total Rent: $1,015
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,905
  • Total Rent: $1,905
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,460
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1471 W Vernon Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5021019017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W of Normandie Ave, N of Vernon Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1471 W Vernon Ave

Last sold on September 23rd, 2020

  • September, 2020

  • Sep 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold

    CRMLS: RS19255888

    $815,000

    Price

  • Feb 5, 2020

    Date

    Pending

    CRMLS: RS19255888

    $829,000

    Price

  • Nov 26, 2019

    Date

    Active

    CRMLS: RS19255888

    $829,000

    Price

  • Nov 22, 2019

    Date

    Active Under Contract

    CRMLS: RS19255888

    $829,000

    Price

  • Nov 1, 2019

    Date

    Active

    CRMLS: RS19255888

    $829,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $815,000

    Price

  • July, 2019

  • Jul 11, 2019

    Date

    Expired

    CRMLS: RS19002620

    $845,000

    Price

  • Feb 15, 2019

    Date

    Price Change

    CRMLS: RS19002620

    $845,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: RS19002620

    $907,500

    Price

  • Listing provided courtesy of CRMLS

Show More

Tax History for 1471 W Vernon Ave

Assessed Value (2020): $659,362
Year Land Value Improved Value Assessed Value
2020 $439,575 $219,787 $659,362

Home Value Compared to the Market

This property vs the competition

1471 W Vernon Ave sold on February 21, 2020 for 30.34% lower 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 $211.97 per/sqft which puts the price per square foot 71.93% lower than the current median sale per square foot for the city of Los Angeles.

About 1471 W Vernon Ave

Detailed summary of property

1471 W Vernon Ave is a fourplex that recently sold in Los Angeles, CA 90062. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,911 living square feet, and sits on an approximately 7,376 square foot lot. 1471 W Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $815,000. 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 30.34% lower than the current median priced home. Local homes that are currently for sale include 5162 Ruthelen St, 1235 W 39th St and 919 W. 41st Drive. While the average home in Los Angeles, CA is selling in 93 days, 1471 W Vernon Ave has a days on market of 62 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1471 W Vernon Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1471 W Vernon Ave

Public county record property details
Beds
4
Baths
4
Year built
1917
Sq. Ft.
3,911
Lot Size
7,375
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
185
APN
5021-019-017

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$855,000
Median List Price/Sq.Ft.
$578
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
31
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 1471 W Vernon Ave

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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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