1549 Baxter St, Los Angeles, CA 90026
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1549 Baxter St Los Angeles, CA 90026

$2,310,000 Sold Price as of 04/08/2022
  • 6 Beds
  • 6 Baths
  • 3,450 Sq.Ft.
Sold
$2,310,000 Sold Price as of 04/08/2022 Refinance Your Mortgage

Map preview of 1549 Baxter St, Los Angeles, CA 90026

Property Overview: 1549 Baxter St Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,450 living square feet and 7,420 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. All units upgraded and the building can possibly be delivered with vacancies with the right offer. The back 1+2 can be used as 2 studio units. Laundry for each unit, dedicated patio spaces and private ALLEY ACCESS parking for up to 7 cars. Located on a flat section of Baxter Street with an upslope lot. Bonus large walk-in basement. Across the street from Elysian Heights Elementary Arts Magnet. Residential neighborhood with easy access to public transportation. Rents are at 30-days+ furnished rental rates. Buyer to verify all details. More information at dedicated property website.

Listed by Darren Hubert | BRE #01330183 | Avenue 8, Inc.
Co-listed by Joseph Cloninger | BRE #01954784 | Avenue 8, Inc.
Last checked: 5 minutes ago | Last updated: April 9th, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
7,420
HOA Dues
$0/mo
Year built
1976
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21108575
City
Los Angeles
County
Los Angeles
Time on Site
950 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $6,300
  • Total Rent: $6,300
  • Pro Forma/Market Rent: $6,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,900
  • Total Rent: $4,900
  • Pro Forma/Market Rent: $4,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.9
  • Gross Scheduled Income: --
  • Net Operating Income: $146,858
  • Gross Operating Income: $200,640
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1549 Baxter St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room
Room Information
  • Flooring: Wood, Tile
  • Basement, Bonus Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 4
  • Parcel Number: 5420036027
  • Foundation Details: Block
Location / Neighborhood
Location Information
  • Directions: East of Echo Park Ave
View more facts & features

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Sale History for 1549 Baxter St

Last sold for $2,310,000 on April 8th, 2022
  • April, 2022

  • Apr 8, 2022

    Date

    Sold

    CRMLS: 21108575

    $2,310,000

    Price

  • Nov 30, 2021

    Date

    Active

    CRMLS: 21108575

    $2,395,000

    Price

  • December, 2021

  • Dec 1, 2021

    Date

    Canceled

    CRMLS: 21794358

    $2,395,000

    Price

  • Oct 12, 2021

    Date

    Active

    CRMLS: 21794358

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Four unit masterpiece in a prime Echo Park location! Experience Echo Park's tree-lined streets and canyon views. Hike Elysian Park trails or stroll to several local eateries. Unit mix: 3 bed+2 bath, 2+1.5, 1+2 and 1+1. All units upgraded and the building can be delivered with vacancies with the right offer. The back 1+2 can be used as 2 studio units. Laundry for each unit, dedicated patio spaces and private alley access parking for up to 7 cars. The building is now a 30-days+ furnished rental. It conforms with LA city guidelines (typical rental length of 2-3 months, sometimes more). Many options for expanded use. Call to discuss options. Owner may occupy one of the units. Located on a flat section of Baxter Street with an upslope lot. Bonus large walk-in basement. Across the street from Elysian Heights Elementary Arts Magnet. Residential neighborhood with easy access to public transportation. Rents are at 30-days+ furnished rental rates. Buyer to verify all details.

  • February, 2005

  • Feb 16, 2005

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

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Tax History for 1549 Baxter St

Assessed Value (2020): $747,871
Year Land Value Improved Value Assessed Value
2020 $522,563 $225,308 $747,871

Home Value Compared to the Market

This property vs the competition

1549 Baxter St sold on April 8, 2022 for 87.99% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $694.2 per/sqft which puts the price per square foot 12.24% lower than the current median sale per square foot for the city of Los Angeles.

About 1549 Baxter St

Detailed summary of property

1549 Baxter St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,450 living square feet, and sits on an approximately 7,420 square foot lot. 1549 Baxter St was first listed on ArdentRealEstateGroup.com on December 1, 2021. The homeowner sold the property for $2,310,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 87.99% higher than the current median priced home. Local homes that are currently for sale include 2119 N Broadway, 318 Columbia Ave and 2523 Lyric Ave. While the average home in Los Angeles, CA is selling in 102 days, 1549 Baxter St has a days on market of 67 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 1549 Baxter 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 1549 Baxter St

Public county record property details
Beds
5
Baths
5
Year built
1936
Sq. Ft.
3,344
Lot Size
7,420
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5420-036-027

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
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
66
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), 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.