1475 W Adams Blvd Los Angeles, CA 90007

$3,200,000 Sold Price as of 05/11/2017
  • -- Beds
  • -- Baths
  • 15,200 Sq.Ft.
Off Market
$3,200,000 Sold Price as of 05/11/2017 Refinance Your Mortgage

Map preview of 1475 W Adams Blvd, Los Angeles, CA 90007

Property Overview: 1475 W Adams Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 15,200 living square feet and 6,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1475 W Adams Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1475 W Adams Blvd

Last sold for $3,200,000 on May 11th, 2017
  • October, 2023

  • Oct 2, 2023

    Date

    Expired

    CRMLS: 23279471

    $4,850,000

    Price

  • Jun 11, 2023

    Date

    Active

    CRMLS: 23279471

    $4,850,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer for sale "Casa Catalina" a twenty-four (24) unit multifamily investment opportunity located just blocks away from the USC campus & University Village. This three-story building was constructed of wood frame and stucco on a raised foundation built in 1928 with a square footage of 15,200 on a 6,811-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eighteen (18) studios & six (6) 1-bedroom + 1-bathroom units. 75% of the property has been fully updated/ remodeled featuring spacious floor plans, quartz countertops, stainless steel appliances, and individually metered for gas & electricity.Total Gross Income: $33,268/ Month

  • June, 2023

  • Jun 11, 2023

    Date

    Canceled

    CRMLS: 23263213

    $4,995,000

    Price

  • Apr 24, 2023

    Date

    Active

    CRMLS: 23263213

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer for sale this twenty-four (24) unit multifamily investment opportunity located just blocks away from the USC campus & University Village. This three-story building was constructed of wood frame and stucco on a raised foundation built in 1928 with a square footage of 15,200 on a 6,811-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of eighteen (18) studios & six (6) 1-bedroom + 1-bathroom units. 75% of the property has been fully updated/ remodeled featuring spacious floor plans, quartz countertops, stainless steel appliances, and individually metered for gas & electricity. The property cash flows at approximately $33,118/month. 5.71% Cap Rate | 12.6x Gross Rent Multiplier (GRM).

  • December, 2022

  • Dec 3, 2022

    Date

    Expired

    CRMLS: 22199129

    $5,475,000

    Price

  • Sep 13, 2022

    Date

    Active

    CRMLS: 22199129

    $5,475,000

    Price

  • Listing provided courtesy of CRMLS

    Casa Catalina 1475 W Adams Blvd, is a remodeled residential community located in a charming neighborhood near the University of Southern California. The apartment building consists of 24-units with (18) studios and (6) one-bedrooms. Built in 1928, the Scandinavia-inspired building is 15,200 SF and sits on a 6,811 SF lot. The property features a gated entry that leads into the lobby. Tenants have access to the shared rear courtyard. The apartment renovations offer modern open floor plans with plenty of natural lighting, wrapped in vintage brick exterior. Some of the high-end finishes include new flooring, all-new bathrooms and kitchens, granite counters, and stainless-steel appliances. The immediate area is experience bulging gentrification, serving as a great opportunity for an investor looking for a long-term hold. In close proximity to Downtown Los Angeles, University of Southern California and Koreatown, the property has easy access to local amenities and dining destinations. Transportation options available in Los Angeles include Expo/Vermont, located 1.1 miles away.

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: 22146611

    $5,475,000

    Price

  • Apr 14, 2022

    Date

    Active

    CRMLS: 22146611

    $5,995,000

    Price

  • Listing provided courtesy of CRMLS

    Casa Catalina 1475 W Adams Blvd, is a remodeled residential community located in a charming neighborhood near the University of Southern California. The apartment building consists of 24-units with (18) studios and (6) one-bedrooms. Built in 1928, the Scandinavia-inspired building is 15,200 SF and sits on a 6,811 SF lot. The property features a gated entry that leads into the lobby. Tenants have access to the shared rear courtyard. The apartment renovations offer modern open floor plans with plenty of natural lighting, wrapped in vintage brick exterior. Some of the high-end finishes include new flooring, all-new bathrooms and kitchens, granite counters, and stainless-steel appliances. The immediate area is experience bulging gentrification, serving as a great opportunity for an investor looking for a long-term hold. In close proximity to Downtown Los Angeles, University of Southern California and Koreatown, the property has easy access to local amenities and dining destinations. Transportation options available in Los Angeles include Expo/Vermont, located 1.1 miles away.

  • May, 2017

  • May 11, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

  • February, 2013

  • Feb 6, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1475 W Adams Blvd

Assessed Value (2020): $3,395,864
Year Land Value Improved Value Assessed Value
2020 $2,377,105 $1,018,759 $3,395,864

About 1475 W Adams Blvd

Detailed summary of property

1475 W Adams Blvd is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90007 and last sold on May 11, 2017 for $3,200,000. This property has -- bedrooms, -- bathrooms, roughly 15,200 living square feet, and sits on an approximately 6,810 square foot lot. Homes 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 185.71% higher than the current median priced home. 1475 W Adams Blvd was last sold on May 11, 2017 for $3,200,000. Local nearby listings include 1805 S New England St, 1750 Orchard Ave and 1293 W 36th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1475 W Adams Blvd 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 1475 W Adams Blvd

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
15,200
Lot Size
6,810
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
5054-027-009

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
$1,495,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Data from public records.

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