1505 E 98th St, Los Angeles, CA 90002
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1505 E 98th St Los Angeles, CA 90002

$538,000 Sold Price as of 09/08/2022
  • 4 Beds
  • 2 Baths
  • 1,189 Sq.Ft.
Sold
$538,000 Sold Price as of 09/08/2022 Refinance Your Mortgage

Map preview of 1505 E 98th St, Los Angeles, CA 90002

Property Overview: 1505 E 98th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,189 living square feet and 6,958 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property is not subject to rent control! Property is a SFR with an additional "Mother in Law Suite". Each unit has separate gas & electric meters. Very large lot with lots of secure parking. Drive by only do not approach tenants as they are unaware of the sale. Please submit offer subject to.

Listed by Janely Sandoval | BRE #01972257 | Century 21 Allstars
Last checked: 57 seconds ago | Last updated: September 9th, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,958
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22130566
City
Los Angeles
County
Los Angeles
Time on Site
821 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1505 E 98th St

Interior Features
Laundry Information
  • Has Laundry
  • In Carport
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6048006013
  • Year Built Source: See Remarks
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 98th and Compton closest cross streets
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1505 E 98th St

Last sold for $538,000 on September 8th, 2022
  • September, 2022

  • Sep 8, 2022

    Date

    Sold

    CRMLS: DW22130566

    $538,000

    Price

  • Jun 21, 2022

    Date

    Active

    CRMLS: DW22130566

    $538,000

    Price

  • December, 2018

  • Dec 5, 2018

    Date

    Sold

    CRMLS: MB18191224

    $408,000

    Price

  • Sep 17, 2018

    Date

    Pending

    CRMLS: MB18191224

    $399,900

    Price

  • Aug 17, 2018

    Date

    Price Change

    CRMLS: MB18191224

    $399,900

    Price

  • Aug 7, 2018

    Date

    Active

    CRMLS: MB18191224

    $479,900

    Price

  • Listing provided courtesy of CRMLS

    Honey stop the car! Fully remodeled in the last 2 years with great long term tenants. Property is not subject to rent control. Property is legally a SFR with a permitted "Mother in Law Suite". Each unit has separate gas & electric meters. Very large lot with lots of secure parking. Drive by only do not approach tenants as they are unaware of the sale. Please submit offer subject to. Listing agent is principal owner.

  • December, 2018

  • Dec 3, 2018

    Date

    Sold (Public Records)

    Public Records

    $408,000

    Price

  • March, 2017

  • Mar 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $355,000

    Price

Show More

Tax History for 1505 E 98th St

Assessed Value (2020): $416,160
Year Land Value Improved Value Assessed Value
2020 $314,160 $102,000 $416,160

Home Value Compared to the Market

This property vs the competition

1505 E 98th St sold on September 8, 2022 for 51.96% 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 $452.48 per/sqft which puts the price per square foot 37.5% lower than the current median sale per square foot for the city of Los Angeles.

About 1505 E 98th St

Detailed summary of property

1505 E 98th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,189 living square feet, and sits on an approximately 6,958 square foot lot. 1505 E 98th St was first listed on ArdentRealEstateGroup.com on June 21, 2022. The homeowner sold the property for $538,000. 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 51.96% lower than the current median priced home. Local homes that are currently for sale include 157 W 71 St, 8319 S Hoover St and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 1505 E 98th St has a days on market of 27 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 1505 E 98th St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1505 E 98th St

Public county record property details
Beds
2
Baths
1
Year built
1921
Sq. Ft.
679
Lot Size
6,974
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
52-54
APN
6048-006-013

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), 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.