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1523 Allesandro St Los Angeles, CA 90026

$1,595,000 Sold Price as of 10/17/2019

18 Beds
12 Baths
2,700 Sq.Ft.

Sold

$1,595,000 Sold Price as of 10/17/2019 Refinance Your Mortgage

Map preview of 1523 Allesandro St, Los Angeles, CA 90026

Property Overview: 1523 Allesandro St Los Angeles, CA has 18 bedrooms, 12 bathrooms, 2,700 living square feet and 8,536 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Originally constructed in 1913, this Echo Park Triplex is situated on a large 8,500 square foot parcel with neighborhood views. The Owner's unit is vacant and ready to move in! Located on the top floor, there is a front living room with views overlooking the neighborhood. 3 Bedrooms, 2 full baths and an office. The Master bedroom has private entry off of the yard, vaulted ceilings an en suite Full Bath with double vanity, open shower and deep soaking tub. The rear living room and kitchen open out onto a large private hillside homestead and entertainer's oasis. Enjoy meals on the large Ipe wood deck and built in BBQ area. The back yard is private and lined with mature fruit trees for you to enjoy. Oranges, lemons, avocados, figs, grapefruit, prickly pear cactus and more! There is a detached finished studio/office with vaulted ceilings, sky light and AC, perfect for working from home. 6 vegetable beds await your green thumb.

Listed by Brett Modeer | BRE #01972192 | Analog Real Estate, Inc.
Co-listed by Marie-Anne Meulen | BRE #01924913 | Analog Real Estate, Inc.

Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft: 8,536
HOA Dues: $0/mo
Year built: 1913
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19500654
City: Los Angeles
County: Los Angeles
Time on Site: 1346 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 3
# of Beds: 6
# of Baths: 4
Furnishing: Unfurnished
Actual Rent: $4,500
Total Rent: $4,500
Pro Forma/Market Rent: $10,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 12.9
Gross Scheduled Income: --
Net Operating Income: $102,707
Gross Operating Income: $120,000
Improvements Total: $162,137

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1523 Allesandro St

Interior Features

Cooling Information

Has Cooling
Central Air

Room Information

Bonus Room

Kitchen Information

Has Appliances
Tankless Water Heater

Exterior Features

Exterior Information

Roof: Asphalt

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage - Two Door

Property Information

Has View
View: City Lights
Total # of Units: 3
Parcel Number: 5424002017

Location / Neighborhood

Location Information

Directions: From Sunset Blvd, head north on Alvarado, left on Scott, right on Allesandro. From Glendale Blvd, head south toward Sunset, right on Berkeley, left on Allesandro.

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Local Los Angeles Agent

Sale History for 1523 Allesandro St

Last sold for $1,595,000 on October 17th, 2019

October, 2019
Oct 20, 2019

Date

Sold

CRMLS: 19500654

$1,595,000

Price
Sep 1, 2019

Date

Active Under Contract

CRMLS: 19500654

$1,548,000

Price
Aug 16, 2019

Date

Active

CRMLS: 19500654

$1,548,000

Price
October, 2019
Oct 10, 2019

Date

Sold (Public Records)

Public Records

$1,595,000

Price
November, 2004
Nov 10, 2004

Date

Sold (Public Records)

Public Records

$675,000

Price

Tax History for 1523 Allesandro St

Assessed Value (2020): $1,595,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,095,000	$500,000	$1,595,000

Home Value Compared to the Market

This property vs the competition

1523 Allesandro St sold on October 17, 2019 for 38.21% higher 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 $573.33 per/sqft which puts the price per square foot 20.81% lower than the current median sale per square foot for the city of Los Angeles.

About 1523 Allesandro St

Detailed summary of property

1523 Allesandro St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 18 bedrooms, 12 bathrooms, roughly 2,700 living square feet, and sits on an approximately 8,536 square foot lot. 1523 Allesandro St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,595,000. 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 38.21% higher than the current median priced home. Local homes that are currently for sale include 606 N Bonnie Brae St, 1331 Sutherland St and 2160 Lake Shore Ave. While the average home in Los Angeles, CA is selling in 106 days, 1523 Allesandro St has a days on market of 15 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 1523 Allesandro St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1523 Allesandro St

Public county record property details

Beds: 2
Baths: 1
Year built: 1913
Sq. Ft.: 1,400
Lot Size: 8,536
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 5424-002-017

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,225,000

Median List Price/Sq.Ft.

$787

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Homes for Sale Near 1523 Allesandro St

Nearby Homes for Sale

2322 Berkeley Ave, Los Angeles, CA 90026

Recently Sold Homes Near 1523 Allesandro St

$1,300,000 Last Sold Price

6 Beds

3 Baths

1807 Sq.Ft.

2201 Scott Ave
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$850,000 Last Sold Price

8 Beds

6 Baths

2188 Sq.Ft.

2217 Scott Ave
Los Angeles, CA 90026

1429 N Alvarado St, Los Angeles, CA 90026

$795,000 Last Sold Price

3 Beds

2 Baths

1422 Sq.Ft.

1429 N Alvarado St
Los Angeles, CA 90026

2224 Berkeley Ave, Los Angeles, CA 90026

$1,250,000 Last Sold Price

3 Beds

2 Baths

-- Sq.Ft.

2224 Berkeley Ave
Los Angeles, CA 90026

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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.