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1500 W 101st St, Los Angeles, CA 90047
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1500 W 101st St Los Angeles, CA 90047

$650,000 Sold Price as of 06/16/2020
  • 4 Beds
  • 2 Baths
  • 1,711 Sq.Ft.
Sold
$650,000 Sold Price as of 06/16/2020 Refinance Your Mortgage
Map preview of 1500 W 101st St, Los Angeles, CA 90047

Property Overview: 1500 W 101st St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,711 living square feet and 8,655 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A prime opportunity to invest in real estate! This newly gated DUPLEX is sitting on a HUGE lot; 8,655 sq ft. lot to be exact. It features 2 spacious 2 bed 1 bath units with 1 common wall attaching the rear unit. Both units have just been newly upgraded with newer floors, cabinets, granite countertops, and a carport provide ample parking, new central air & heating, and a new roof! It has also been freshly painted inside and out for an amazing modern look; A TRUE SHOW STOPPER! Pulling into the long driveway you see beautiful landscaping and large palm trees you can feel the true meaning of “California Dreamin’.” With only a short drive to LAX and the new SoFi Stadium this one is going to be a hot commodity. Not to mention a 7.71% CAp rate! If you are on the fence about owning your own home or purchasing an investment property, this DUPLEX is the perfect opportunity to do BOTH!

Listed by Sheena Pratt | BRE #02087581 | Alexander Lux Properties Inc.
Co-listed by Amir Shain | BRE #01873224 | Alexander Lux Properties Inc.
Last checked: 5 minutes ago | Last updated: November 4th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
8,655
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
SB20084024
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.71%
  • Gross Rent Multiplier: 11.09
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $46,170
  • Gross Operating Income: $51,300
  • Gross Spendable Income: $5,157
Annual Expense Breakdown
  • Total Operating Expense: $5,130
  • Gas/Fuel: $0
  • New Taxes: $7,488
  • Trash: $100
  • Insurance: $2,097

Property Details for 1500 W 101st St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room
Room Information
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Detached Carport, Covered, Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn, Near Public Transit, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6059025001
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take century east to Denker make a right, left on 101st street.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1500 W 101st St

Last leased for $2,300 on October 5th, 2020

  • October, 2020

  • Oct 6, 2020

    Date

    Leased

    CRMLS: DW20126990

    $2,300

    Price

  • Aug 19, 2020

    Date

    Price Change

    CRMLS: DW20126990

    $2,000

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: DW20126990

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    For rent, 2 bedrooms and 1 bathroom. Have inside laundry hoop up, new stove and microwave. Central Air condition and heating. 2 car ports for parking. Newly upgraded with newer floors, cabinets, granite countertops and new carpet in the bedrooms. It is located on 101st Street between Denker Ave and Normandie Ave

  • June, 2020

  • Jun 17, 2020

    Date

    Sold

    CRMLS: SB20084024

    $650,000

    Price

  • May 19, 2020

    Date

    Price Change

    CRMLS: SB20084024

    $650,000

    Price

  • May 15, 2020

    Date

    Active Under Contract

    CRMLS: SB20084024

    $599,000

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: SB20084024

    $599,000

    Price

  • June, 2020

  • Jun 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • January, 2020

  • Jan 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

Show More

Tax History for 1500 W 101st St

Assessed Value (2020): $315,269
Year Land Value Improved Value Assessed Value
2020 $253,343 $61,926 $315,269

Home Value Compared to the Market

This property vs the competition

1500 W 101st St sold on June 16, 2020 for 41.96% lower 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 $379.89 per/sqft which puts the price per square foot 47.53% lower than the current median sale per square foot for the city of Los Angeles.

About 1500 W 101st St

Detailed summary of property

1500 W 101st St is a duplex that recently sold in Los Angeles, CA 90047. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,711 living square feet, and sits on an approximately 8,655 square foot lot. 1500 W 101st St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $650,000. 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 41.96% lower than the current median priced home. Local homes that are currently for sale include 830 W Imperial Hwy, 642 W 109th Pl and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 106 days, 1500 W 101st St has a days on market of 8 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. For more information on this home for sale at 1500 W 101st St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1500 W 101st St

Public county record property details
Beds
4
Baths
2
Year built
1930
Sq. Ft.
1,711
Lot Size
8,655
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31
APN
6059-025-001

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
101
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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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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