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1546 Camden Ave, Los Angeles, CA 90025
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1546 Camden Ave Los Angeles, CA 90025

$4,979,000 Sold Price as of 12/21/2023
  • 18 Beds
  • 16 Baths
  • 10,780 Sq.Ft.
Sold
$4,979,000 Sold Price as of 12/21/2023 Refinance Your Mortgage
Map preview of 1546 Camden Ave, Los Angeles, CA 90025

Property Overview: 1546 Camden Ave Los Angeles, CA has 18 bedrooms, 16 bathrooms, 10,780 living square feet and 6,788 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale 1546 Camden Avenue, an 8 unit property ideally located in the heart of LA's vibrant Westside. The building was built in 1987, and as such, is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated parking (exempt from seismic soft story retrofit). The ideal unit mix consists of (1) 3-bedroom, 2-bath unit, (1) 3-bedroom,2-bath unit, and (6) 2-bedroom, 2-bath units. Many interiors have been finished with beautiful wood flooring, modern cabinetry, and upgraded kitchens and bathrooms. The building offers its residents a secure intercom entry, balconies, fireplaces, beautiful landscaping, an on-site laundry room, and ample gated parking (8 tandem spaces for a total of 16 spots). Each unit has a fireplace, central HV/AC, large bedrooms, and a dynamite floor plan flooded with natural light. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

Listed by Jonathan Taksa | BRE #01366169 | Remax Commercial and Investment Realty
Last checked: 6 minutes ago | Last updated: December 21st, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,788
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23312356
City
Los Angeles
County
Los Angeles
Time on Site
376 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,438
  • Total Rent: $4,438
  • Pro Forma/Market Rent: $4,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,298
  • Total Rent: $4,298
  • Pro Forma/Market Rent: $4,595
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,241
  • Total Rent: $19,445
  • Pro Forma/Market Rent: $23,370
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.33%
  • Gross Rent Multiplier: 15.67
  • Gross Scheduled Income: --
  • Net Operating Income: $229,721
  • Gross Operating Income: $360,772
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1546 Camden Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 8
  • Parcel Number: 4324023026
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: On the corner of Camden Avenue and Massachusetts Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 1546 Camden Ave

Last sold for $4,979,000 on December 21st, 2023

  • December, 2023

  • Dec 21, 2023

    Date

    Sold

    CRMLS: 23312356

    $4,979,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: 23312356

    $5,300,000

    Price

Tax History for 1546 Camden Ave

Assessed Value (2020): $3,116,346
Year Land Value Improved Value Assessed Value
2020 $1,682,276 $1,434,070 $3,116,346

Home Value Compared to the Market

This property vs the competition

1546 Camden Ave sold on December 21, 2023 for 373.21% 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 $491.65 per/sqft which puts the price per square foot 32.09% lower than the current median sale per square foot for the city of Los Angeles.

About 1546 Camden Ave

Detailed summary of property

1546 Camden Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 18 bedrooms, 16 bathrooms, roughly 10,780 living square feet, and sits on an approximately 6,788 square foot lot. 1546 Camden Ave was first listed on ArdentRealEstateGroup.com on September 18, 2023. The homeowner sold the property for $4,979,000. 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 373.21% higher than the current median priced home. Local homes that are currently for sale include 1975 S Corning St, 112-114 S Harper Ave and 1005 N Croft Ave. While the average home in Los Angeles, CA is selling in 106 days, 1546 Camden Ave has a days on market of 56 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 1546 Camden Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1546 Camden Ave

Public county record property details
Beds
18
Baths
17
Year built
1987
Sq. Ft.
10,780
Lot Size
6,788
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
4324-023-026

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,159,000
Median List Price/Sq.Ft.
$745
Median Sold Price
$1,151,000
Median Sold Price/Sq.Ft.
$714
Total Inventory
134
Median Sale to List Price %
97.96%
Avg Days on Market
23
Loan Type
Conventional (13.79%), FHA (0%), VA (0%), Cash (20.69%), Other (10.34%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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