Search
1560 Ricardo St, Los Angeles, CA 90033
Image 2 for 1560 Ricardo St, Los Angeles, CA 90033
Image 3 for 1560 Ricardo St, Los Angeles, CA 90033
View Photos

1560 Ricardo St Los Angeles, CA 90033

$2,138,000 Sold Price as of 09/02/2021
  • 13 Beds
  • 8 Baths
  • 5,590 Sq.Ft.
Sold
$2,138,000 Sold Price as of 09/02/2021 Refinance Your Mortgage
Map preview of 1560 Ricardo St, Los Angeles, CA 90033

Property Overview: 1560 Ricardo St Los Angeles, CA has 13 bedrooms, 8 bathrooms, 5,590 living square feet and 7,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful Fourplex in prime location in Boyle Heights-Just minutes from premier dining, shopping, Arts District & Downtown LA. Rare opportunity to acquire a turnkey, hassle free property. Tucked in on a quiet street and only a block from USC School of Medicine-Perfect location for students and doctors going back to school and work! Front building consists of a 2- 3 bedroom 2 bath units. Back building consists of 1- 3 bedroom 2 bath and a 4 bedroom 2 bath unit. Newly Built last year and beautifully appointed with stainless steele appliances, recessed lighting, engineered wood, mirrored closets, custom tile in kitchen and baths. All separately metered with gas, water and electricity, each unit includes own washer, dryer, refrigerator, stove and dishwasher. Healthy income stream and solid market appreciation as the area continues its upward trajectory. Easy access to the 5, 60, 101 and 10 freeways.

Listed by Rina Culligan | BRE #01217495 | RE/MAX Estate Properties
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
7,497
HOA Dues
$0/mo
Year built
2020
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB21115352
City
Los Angeles
County
Los Angeles
Time on Site
1114 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: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,795
  • Total Rent: $2,795
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,795
  • Total Rent: $2,795
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $145,080
  • Net Operating Income: $141,660
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,420
  • New Taxes: $24,739
  • Trash: $0
  • Gardener: $720
  • Insurance: $2,700

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1560 Ricardo St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Room Information
  • Flooring: See Remarks
  • Laundry, Living Room, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
Interior Features
  • Open Floorplan, Recessed Lighting
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Garage, On Site
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5202016004
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Property is Attached
  • Offered With Property: washer, dryer, refrigerator, dishwasher, microwave for all units
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Soto & Alcazar
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1560 Ricardo St

Last sold for $2,138,000 on September 2nd, 2021

  • September, 2021

  • Sep 2, 2021

    Date

    Sold

    CRMLS: SB21115352

    $2,138,000

    Price

  • Aug 30, 2021

    Date

    Pending

    CRMLS: SB21115352

    $2,249,000

    Price

  • Jul 24, 2021

    Date

    Active Under Contract

    CRMLS: SB21115352

    $2,249,000

    Price

  • May 28, 2021

    Date

    Active

    CRMLS: SB21115352

    $2,249,000

    Price

  • March, 2021

  • Mar 2, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2020

  • Nov 30, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2020

  • Oct 19, 2020

    Date

    Expired

    CRMLS: 20621008

    $3,000

    Price

  • Aug 19, 2020

    Date

    Active

    CRMLS: 20621008

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Three Beautiful One of a kind New Construction Townhouse Units For Lease -Three - 3bed 2 bath modern style townhouse and One- 4bed 2 bath. They all have an open floor plan and plenty of natural light. The units are fully upgraded from all modern touches, brand new appliances, kitchen has beautiful countertop, great cabinet space, large bedrooms with plenty of closet space. With a two-car garage. Washer and Dryer in the unit.Close to all shopping,freeways,restaurants.

  • February, 2019

  • Feb 8, 2019

    Date

    Sold

    CRMLS: SB19008103

    $535,000

    Price

  • Jan 18, 2019

    Date

    Pending

    CRMLS: SB19008103

    $479,000

    Price

  • Jan 11, 2019

    Date

    Active

    CRMLS: SB19008103

    $479,000

    Price

  • Listing provided courtesy of CRMLS

    Do not miss out on this great opportunity to buy in this up and coming area! Looking for the next owner who can maximize its potential, possibility of expansion of multiple dwellings (buyer to check with city). Walking distance to USC Keck Medical Center, shopping, entertainment and all that Downtown LA has to offer! Minutes to public transportation and the 60, 710, 5, 101, and 10 freeway.

Show More

Tax History for 1560 Ricardo St

Assessed Value (2020): $545,700
Year Land Value Improved Value Assessed Value
2020 $408,000 $137,700 $545,700

Home Value Compared to the Market

This property vs the competition

1560 Ricardo St sold on September 2, 2021 for 99.03% 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 $402.33 per/sqft which puts the price per square foot 46.64% lower than the current median sale per square foot for the city of Los Angeles.

About 1560 Ricardo St

Detailed summary of property

1560 Ricardo St is a fourplex that recently sold in Los Angeles, CA 90033. This fourplex offered 13 bedrooms, 8 bathrooms, roughly 5,590 living square feet, and sits on an approximately 7,497 square foot lot. 1560 Ricardo St was first listed on ArdentRealEstateGroup.com on May 28, 2021. The homeowner sold the property for $2,138,000. 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 99.03% higher than the current median priced home. Local homes that are currently for sale include 965 S Vancouver Ave, 5371 Louis Pl and 6104 York Blvd. While the average home in Los Angeles, CA is selling in 97 days, 1560 Ricardo St has a days on market of 56 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 1560 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 1560 Ricardo St

Public county record property details
Beds
2
Baths
1
Year built
1910
Sq. Ft.
874
Lot Size
7,497
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5202-016-004

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
9
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 1560 Ricardo St

Nearby Homes for Sale

1927 Johnston St, Los Angeles, CA 90031
$1,749,000
9 Beds
6 Baths
3394 Sq.Ft.
1927 Johnston St
Los Angeles, CA 90031
3020 Baldwin St, Los Angeles, CA 90031
$1,999,999
10 Beds
6 Baths
3982 Sq.Ft.
3020 Baldwin St
Los Angeles, CA 90031
2853 Cincinnati St, Los Angeles, CA 90033
$2,100,000
18 Beds
15 Baths
7168 Sq.Ft.
2853 Cincinnati St
Los Angeles, CA 90033
2607 Pennsylvania Ave, Los Angeles, CA 90033
$2,300,000
9 Beds
6 Baths
4492 Sq.Ft.
2607 Pennsylvania 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
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
3860 Eagle St, Los Angeles, CA 90063
$1,900,000
10 Beds
12 Baths
7664 Sq.Ft.
3860 Eagle St
Los Angeles, CA 90063
3648 Percy St, Los Angeles, CA 90023
$2,490,000
18 Beds
12 Baths
6444 Sq.Ft.
3648 Percy St
Los Angeles, CA 90023
5506 Valley Blvd, Los Angeles, CA 90032
$1,800,000
7 Beds
7 Baths
4687 Sq.Ft.
5506 Valley Blvd
Los Angeles, CA 90032
3925 Barrett Rd, Los Angeles, CA 90032
$2,550,000
18 Beds
10 Baths
6816 Sq.Ft.
3925 Barrett Rd
Los Angeles, CA 90032
5243 Huntington Dr, Los Angeles, CA 90032
$2,500,000
18 Beds
5 Baths
4704 Sq.Ft.
5243 Huntington Dr
Los Angeles, CA 90032
930 Fraser Ave, Los Angeles, CA 90022
$1,750,000
2 Beds
18 Baths
4631 Sq.Ft.
930 Fraser Ave
Los Angeles, CA 90022

Recently Sold Homes Near 1560 Ricardo St

1539 Ricardo St, Los Angeles, CA 90033
$1,710,000 Last Sold Price
9 Beds
7 Baths
3622 Sq.Ft.
1539 Ricardo St
Los Angeles, CA 90033
1524 Ricardo St, Los Angeles, CA 90033
$790,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
1524 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 1560 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