Search
1539 Ricardo St, Los Angeles, CA 90033
Image 2 for 1539 Ricardo St, Los Angeles, CA 90033
Image 3 for 1539 Ricardo St, Los Angeles, CA 90033
View Photos

1539 Ricardo St Los Angeles, CA 90033

$1,710,000 Sold Price as of 04/27/2022
  • 9 Beds
  • 7 Baths
  • 3,622 Sq.Ft.
Sold
$1,710,000 Sold Price as of 04/27/2022 Refinance Your Mortgage
Map preview of 1539 Ricardo St, Los Angeles, CA 90033

Property Overview: 1539 Ricardo St Los Angeles, CA has 9 bedrooms, 7 bathrooms, 3,622 living square feet and 7,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Highly Desirable 4plex just walking distance from Keck Medical School and minutes from Downtown! Three out of the four units are built in 2008 and fully upgraded in 2018 with Central A/C and Heat, very high-quality kitchens, bathrooms, and finishes throughout with recessed lighting, subway tile, stainless steel appliances, in-unit washer/dryers and much more! Also the front detached home is 1,250 SF and 3Br+1Ba, with newly exterior paint, hardwood floors, recessed lighting, arched ceilings and fireplace! With over a $10,000 per month in income as performing and proforma of $12000-$13000 per month, this property is a Can’t miss opportunity! Entered for MLS Comp purposes only- property was sold Off market

Listed by Prashant Sampat | BRE #01916221 | Pacific Avenue Realty
Last checked: 8 minutes ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,498
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC22078551
City
Los Angeles
County
Los Angeles
Time on Site
790 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1539 Ricardo St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5202015018
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From DTLA head East on the I-10 Fwy. Exit N. Soto St. Take a left onto N Soto St. Turn right onto Norfolk St. Turn left on Ricardo St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1539 Ricardo St

Last sold for $1,710,000 on April 27th, 2022

  • April, 2022

  • Apr 27, 2022

    Date

    Active

    CRMLS: OC22078551

    $1,710,000

    Price

  • Apr 27, 2022

    Date

    Sold

    CRMLS: OC22078551

    $1,710,000

    Price

  • February, 2022

  • Feb 25, 2022

    Date

    Canceled

    CRMLS: PF21270532

    $1,699,000

    Price

  • Jan 6, 2022

    Date

    Active

    CRMLS: PF21270532

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    Located just minutes from Keck Medicine of USC, Downtown LA and all that Los Angeles is famous for is this newly built, highly desirable four-unit property. The front home was built in 1939 consisting of 3 bedrooms, 2 baths and has been recently remodeled with extensive work completed on its foundation; unit 2 has one bedroom, one bath; unit 3 has 2 bedrooms, one bath and unit 4 has 3 bedrooms and 2 baths. Unit 2, 3 & 4 are all new construction completed in 2018. Beautiful modern units with high ceilings, tons of natural light throughout, quality finishes such as kitchens, bathrooms and flooring, central air and heat, in-unit washer/dryers, three tankless water heaters, AC units, appliances and covered parking for at least seven cars and so much more. This property should not need any capital improvements for the foreseeable future.

  • August, 2021

  • Aug 30, 2021

    Date

    Leased

    CRMLS: PW21170993

    $2,695

    Price

  • Aug 18, 2021

    Date

    Price Change

    CRMLS: PW21170993

    $2,695

    Price

  • Aug 16, 2021

    Date

    Price Change

    CRMLS: PW21170993

    $2,795

    Price

  • Aug 6, 2021

    Date

    Price Change

    CRMLS: PW21170993

    $2,845

    Price

  • Aug 5, 2021

    Date

    Active

    CRMLS: PW21170993

    $2,895

    Price

  • Listing provided courtesy of CRMLS

    Bright, updated 3 bedrooms, 2 bath apartment as part of a 4 unit property in Boyle Heights/Ramona Gardens. Features spacious living area with recessed lighting, lots of windows for natural light, and hardwood floors. The kitchen boasts stainless steel appliances, tile floors, and a washer/dryer in the unit. 3 spacious bedrooms, each with large closets and 2 full bathrooms. Common area parking space included. Close proximity to USC Health Sciences Campus, LAC+USC Medical Center, Hazard Recreation Center, and Lincoln Park. Close to Downtown LA, Chinatown, Dodger Stadium, with easy access to I-10, 710, and I-5 freeways.

  • August, 2021

  • Aug 9, 2021

    Date

    Canceled

    CRMLS: PW21099426

    $2,195

    Price

  • Jun 28, 2021

    Date

    Active

    CRMLS: PW21099426

    $2,195

    Price

  • Jun 27, 2021

    Date

    Hold

    CRMLS: PW21099426

    $2,195

    Price

  • Jun 21, 2021

    Date

    Price Change

    CRMLS: PW21099426

    $2,195

    Price

  • Jun 8, 2021

    Date

    Price Change

    CRMLS: PW21099426

    $2,250

    Price

  • Jun 2, 2021

    Date

    Price Change

    CRMLS: PW21099426

    $2,295

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: PW21099426

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Bright and updated 2 bedrooms, 1 bath upper-level apartment in Boyle Heights/Ramona Gardens. This apartment features recessed lighting, 10ft high ceilings, lots of windows for natural light. The kitchen has quartz countertops, stainless steel appliances, vinyl plank throughout, an in-unit washer/dryer. With an updated bathroom and 2 tandem parking spaces. The neighborhood is next to USC Health Sciences Campus, LAC+USC Medical Center, Keck Medicine of USC, Hazard Recreation Center, and Lincoln Park. Close to Downtown LA, Chinatown, and Dodger Stadium.

  • April, 2021

  • Apr 26, 2021

    Date

    Leased

    CRMLS: PW21023127

    $2,900

    Price

  • Mar 30, 2021

    Date

    Price Change

    CRMLS: PW21023127

    $2,900

    Price

  • Feb 26, 2021

    Date

    Price Change

    CRMLS: PW21023127

    $3,195

    Price

  • Feb 16, 2021

    Date

    Price Change

    CRMLS: PW21023127

    $3,295

    Price

  • Feb 4, 2021

    Date

    Active

    CRMLS: PW21023127

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Bright and updated 3 bedroom, 2 bath front house in Boyle Heights/Ramona Gardens. With over 1200 sq ft of living, this house features recessed lighting, arched ceilings, lots of windows for natural light, new paint, and new vinyl flooring throughout. The kitchen has granite countertops, new stainless steel appliances, tile floors, and in unit washer/dryer. 3 spacious bedrooms, each with large closets and two full bathrooms. 2 tandem parking spaces included. The neighborhood is next to USC Health Sciences Campus, LAC+USC Medical Center, Keck Medicine of USC, Hazard Recreation Center, and Lincoln Park. Close to Downtown LA, Chinatown, and Dodger Stadium.

  • March, 2019

  • Mar 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2019

  • Feb 12, 2019

    Date

    Sold

    CRMLS: 18407330

    $1,575,000

    Price

  • Jan 22, 2019

    Date

    Active Under Contract

    CRMLS: 18407330

    $1,595,000

    Price

  • Jan 16, 2019

    Date

    Price Change

    CRMLS: 18407330

    $1,595,000

    Price

  • Nov 14, 2018

    Date

    Active

    CRMLS: 18407330

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    The property consists of a spacious SFR built in 1939, and 3 new construction apartments built in 2018. With a total of 9 bedrooms and over $10,000 per month in income, this property is a MUST SEE. The 3 rear units are non-rent control, and given the new construction, there should be extremely minimal maintenance - a huge value compared to older properties. The front remodeled home is 1,250 SF and 3Br+1Ba, with fresh exterior paint, original hardwood floors, recessed lighting, arched ceilings and an original fireplace that has been long covered up but still gives off a charming art deco vibe. The kitchen has granite countertops and backsplash, tile floors, and washer/dryer. The rear structure is attached to the front house and is comprised of just under 2,500 SF total. All 3 new units have Central A/C and Heat, very high-quality kitchens, bathrooms, and finishes throughout with recessed lighting, subway tile, stainless steel appliances, in-unit washer/dryers and much more!

  • February, 2019

  • Feb 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,575,000

    Price

Show More

Tax History for 1539 Ricardo St

Assessed Value (2020): $1,606,500
Year Land Value Improved Value Assessed Value
2020 $892,500 $714,000 $1,606,500

Home Value Compared to the Market

This property vs the competition

1539 Ricardo St sold on April 27, 2022 for 51.33% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $472.11 per/sqft which puts the price per square foot 37.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1539 Ricardo St

Detailed summary of property

1539 Ricardo St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 3,622 living square feet, and sits on an approximately 7,498 square foot lot. 1539 Ricardo St was first listed on ArdentRealEstateGroup.com on April 27, 2022. The homeowner sold the property for $1,710,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 51.33% higher than the current median priced home. Local homes that are currently for sale include 5506 Valley Blvd, 3501 Lifur Ave and 945 Record Ave. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1539 Ricardo St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1539 Ricardo St

Public county record property details
Beds
8
Baths
6
Year built
1939
Sq. Ft.
3,767
Lot Size
7,498
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5202-015-018

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
12
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1539 Ricardo St

Nearby Homes for Sale

3813 Baldwin St, Los Angeles, CA 90031
$1,699,999
12 Beds
10 Baths
6986 Sq.Ft.
3813 Baldwin St
Los Angeles, CA 90031
2437 Houston St, Los Angeles, CA 90033
$1,549,500
8 Beds
6 Baths
3170 Sq.Ft.
2437 Houston St
Los Angeles, CA 90033
2415 Malabar St, Los Angeles, CA 90033
$1,600,000
13 Beds
8 Baths
6776 Sq.Ft.
2415 Malabar St
Los Angeles, CA 90033
3020 Baldwin St, Los Angeles, CA 90031
$1,999,999
10 Beds
6 Baths
3982 Sq.Ft.
3020 Baldwin St
Los Angeles, CA 90031
2221 Griffin Ave, Los Angeles, CA 90031
$1,450,000
10 Beds
6 Baths
4644 Sq.Ft.
2221 Griffin Ave
Los Angeles, CA 90031
3339 Folsom St, Los Angeles, CA 90063
$1,375,000
11 Beds
6 Baths
5030 Sq.Ft.
3339 Folsom St
Los Angeles, CA 90063
1611 E Cesar E Chavez Ave, Los Angeles, CA 90033
$1,750,000
48 Beds
36 Baths
6156 Sq.Ft.
1611 E Cesar E Chavez Ave
Los Angeles, CA 90033
2472 N Eastern Ave, Los Angeles, CA 90032
$1,998,000
15 Beds
7 Baths
6570 Sq.Ft.
2472 N Eastern Ave
Los Angeles, CA 90032
5150 Ithaca Ave, Los Angeles, CA 90032
$1,649,500
9 Beds
7 Baths
3250 Sq.Ft.
5150 Ithaca Ave
Los Angeles, CA 90032
3860 Eagle St, Los Angeles, CA 90063
$1,900,000
10 Beds
12 Baths
7664 Sq.Ft.
3860 Eagle St
Los Angeles, CA 90063
3408 N Figueroa St, Los Angeles, CA 90065
$1,600,000
4 Beds
1 Baths
3494 Sq.Ft.
3408 N Figueroa St
Los Angeles, CA 90065
4537 E Cesar E Chavez Ave, Los Angeles, CA 90022
$1,450,000
7 Beds
8 Baths
5656 Sq.Ft.
4537 E Cesar E Chavez Ave
Los Angeles, CA 90022

Recently Sold Homes Near 1539 Ricardo St

1524 Ricardo St, Los Angeles, CA 90033
$790,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
1524 Ricardo St
Los Angeles, CA 90033
1560 Ricardo St, Los Angeles, CA 90033
$2,138,000 Last Sold Price
13 Beds
8 Baths
5590 Sq.Ft.
1560 Ricardo St
Los Angeles, CA 90033
1591 Ricardo St, Los Angeles, CA 90033
$1,150,000 Last Sold Price
6 Beds
3 Baths
2353 Sq.Ft.
1591 Ricardo St
Los Angeles, CA 90033
1461 Ricardo St, Los Angeles, CA 90033
$525,000 Last Sold Price
18 Beds
12 Baths
1016 Sq.Ft.
1461 Ricardo St
Los Angeles, CA 90033

Related Resources to 1539 Ricardo St

New Listings in 90033
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote