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1531 S Wooster St, Los Angeles, CA 90035
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1531 S Wooster St Los Angeles, CA 90035

$1,954,000 Sold Price as of 07/01/2022
  • 16 Beds
  • 16 Baths
  • 3,952 Sq.Ft.
Sold
$1,954,000 Sold Price as of 07/01/2022 Refinance Your Mortgage
Map preview of 1531 S Wooster St, Los Angeles, CA 90035

Property Overview: 1531 S Wooster St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 3,952 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stately quadruplex in highly desirable Pico-Robertson exudes old Hollywood charm. Each of the 4 units are 1 bedroom & 1 bathroom, with formal dining room and laundry room, and hardwood floors. Floor plan of all units mirrors that of the tourable unit. 2 units on each floor, front and back. 4 car garage is accessible from alley.

Listed by Craig Terrien | BRE #01378174 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: August 31st, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
BB22100586
City
Los Angeles
County
Los Angeles
Time on Site
869 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,431
  • Total Rent: $6,431
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,577
  • Net Operating Income: $46,906
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,671
  • Electric: $112
  • Gas/Fuel: $325
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $10,164

Property Details for 1531 S Wooster St

Interior Features
Laundry Information
  • None, 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
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage - Two Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4303002016
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From Robertson, East on Pickford, North on Wooster
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 1531 S Wooster St

Last sold for $1,954,000 on July 1st, 2022

  • August, 2024

  • Aug 30, 2024

    Date

    Expired

    CRMLS: 24416167

    $4,900,000

    Price

  • Jul 15, 2024

    Date

    Active

    CRMLS: 24416167

    $4,900,000

    Price

  • Listing provided courtesy of CRMLS

    Rare Development Opportunity to acquire 2 contiguous lots on C-3 Zoned 13,000 SF lot with Architectural plans for 35 units in the heart of Beverlywood Adj. sub market of LA. 1527 - & 1531 S. Wooster St. offers a prime opportunity to build in one of the most sought after extremely limited luxury rental areas demanding very high rents. adjacent to Beverly Hills, Culver City District. The area is located near Century City, Westwood, Beverly Hills, and downtown Culver City. Nearby luxury residences start in the $2M range and up. There is a strong demand for growth and development in this very high rent area. Architectural plans feature approx. 39,000 SF of large luxury residences with great view. Call for plans and details. Two fantastic Prime lots being sold together totaling 13,000 SF Zoned R-3 with preliminary plans for 35 units. Delivered VACANT. So many options to develop this property, CUP, ED-1 etc. Easy Ingress/Egress for parking Currently a 4 unit & 2 unit

  • July, 2022

  • Jul 1, 2022

    Date

    Sold

    CRMLS: BB22100586

    $1,954,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: BB22100586

    $1,895,000

    Price

  • November, 2018

  • Nov 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1531 S Wooster St

Assessed Value (2020): $473,177
Year Land Value Improved Value Assessed Value
2020 $254,682 $218,495 $473,177

Home Value Compared to the Market

This property vs the competition

1531 S Wooster St sold on July 1, 2022 for 69.2% 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 $479.5 per/sqft which puts the price per square foot 33.77% lower than the current median sale per square foot for the city of Los Angeles.

About 1531 S Wooster St

Detailed summary of property

1531 S Wooster St is a fourplex that recently sold in Los Angeles, CA 90035. This fourplex offered 16 bedrooms, 16 bathrooms, roughly 3,952 living square feet, and sits on an approximately 6,500 square foot lot. 1531 S Wooster St was first listed on ArdentRealEstateGroup.com on May 13, 2022. The homeowner sold the property for $1,954,000. 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 69.2% higher than the current median priced home. Local homes that are currently for sale include 1229 Smithwood Dr, 1125 Hi Point St and 2615 Chariton St. While the average home in Los Angeles, CA is selling in 106 days, 1531 S Wooster St has a days on market of 5 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1531 S Wooster St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1531 S Wooster St

Public county record property details
Beds
4
Baths
4
Year built
1938
Sq. Ft.
3,952
Lot Size
6,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
4303-002-016

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,374,999
Median List Price/Sq.Ft.
$777
Median Sold Price
$1,699,500
Median Sold Price/Sq.Ft.
$747
Total Inventory
59
Median Sale to List Price %
97.17%
Avg Days on Market
30
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

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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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