156 S Pecan St, Los Angeles, CA 90033
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156 S Pecan St Los Angeles, CA 90033

$625,000 Sold Price as of 03/01/2021
  • 7 Beds
  • 3 Baths
  • 1,665 Sq.Ft.
Sold
$625,000 Sold Price as of 03/01/2021 Refinance Your Mortgage

Map preview of 156 S Pecan St, Los Angeles, CA 90033

Property Overview: 156 S Pecan St Los Angeles, CA has 7 bedrooms, 3 bathrooms, 1,665 living square feet and 3,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity at its finest! Do not miss out on this centrally located two-unit property! The up and coming neighborhood of Boyle Heights, minutes away from Downtown Los Angeles and Arts District. Surrounded by other thriving neighborhoods, multiple opportunities are possible. Main house has three bedrooms and 1.5 bathroom and a large bonus area that can be made a laundry area or extra storage, while the second unit has three sizeable rooms! Both units have a spacious basement that can possibly be made into more living space! Long term tenants, Easy access to the freeway, and located across the street from Dolores Missions School/park!

Listed by Pauline Epel | BRE #02051477 | Rodeo Realty
Co-listed by Todd Jones | BRE #01481426 | Rodeo Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 126

Home details

Lot Sq. Ft
3,399
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20621720
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,236
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: --
  • Net Operating Income: $23,663
  • Gross Operating Income: $34,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 156 S Pecan St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5172001006
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Heading west on 4th street, passing the intersection of Boyle. On the first street, Pecan, make a right. Coming off the Santa Ana Fwy, exit fourth st and make a right on the first steet off the fwy.
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Sale History for 156 S Pecan St

Last sold for $625,000 on March 1st, 2021
  • March, 2021

  • Mar 2, 2021

    Date

    Sold

    CRMLS: 20621720

    $625,000

    Price

  • Jan 24, 2021

    Date

    Pending

    CRMLS: 20621720

    $645,000

    Price

  • Dec 30, 2020

    Date

    Active Under Contract

    CRMLS: 20621720

    $645,000

    Price

  • Oct 2, 2020

    Date

    Price Change

    CRMLS: 20621720

    $645,000

    Price

  • Aug 23, 2020

    Date

    Active

    CRMLS: 20621720

    $675,000

    Price

  • February, 2020

  • Feb 1, 2020

    Date

    Expired

    CRMLS: 19527242

    $750,000

    Price

  • Nov 5, 2019

    Date

    Active

    CRMLS: 19527242

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Both units are tenant occupied. Information is deemed reliable, but Buyer to do own due diligence and verify information to their satisfaction. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Seller agent is not responsible for accuracy of information.

  • September, 1997

  • Sep 23, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 156 S Pecan St

Assessed Value (2020): $163,965
Year Land Value Improved Value Assessed Value
2020 $29,652 $134,313 $163,965

Home Value Compared to the Market

This property vs the competition

156 S Pecan St sold on March 1, 2021 for 45.8% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $387.39 per/sqft which puts the price per square foot 48.69% lower than the current median sale per square foot for the city of Los Angeles.

About 156 S Pecan St

Detailed summary of property

156 S Pecan St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 1,665 living square feet, and sits on an approximately 3,399 square foot lot. 156 S Pecan St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $625,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.8% lower than the current median priced home. Local homes that are currently for sale include 3862 N Broadway, 1348 E 21st St and 1086 N Bonnie Beach Pl. While the average home in Los Angeles, CA is selling in 94 days, 156 S Pecan St has a days on market of 126 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 156 S Pecan 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 156 S Pecan St

Public county record property details
Beds
4
Baths
2
Year built
1905
Sq. Ft.
1,665
Lot Size
3,398
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5172-001-006

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
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), 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.