1573 N Herbert Ave, Los Angeles, CA 90063
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1573 N Herbert Ave Los Angeles, CA 90063

$740,000 Sold Price as of 04/08/2020
  • 4 Beds
  • 2 Baths
  • 1,612 Sq.Ft.
Sold
$740,000 Sold Price as of 04/08/2020 Refinance Your Mortgage

Map preview of 1573 N Herbert Ave, Los Angeles, CA 90063

Property Overview: 1573 N Herbert Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,612 living square feet and 6,281 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A New Renovated Duplex in City Terrace with Separated Units. Both Identical Units, Each Has 2 Bedrooms and 1 Bath, with Beautiful City views. New Wood Laminated Flooring, Paints, Cabinets, Vanities, Toilets, Bathtubs Etc..2 Huge Garages Which Could Hold up to 4 Cars in Each Garage. Close to the 10 and 710 Frwy, Calstate LA, Downtown LA. Good For Investors or Live in One Unit and Rent The Other. Come to See to Appreciate!

Listed by SHIRLEY GANDASUTISNA | BRE #01293843 | ISPN INVESTMENT
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
6,281
HOA Dues
$0/mo
Year built
1995
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS20017777
City
Los Angeles
County
Los Angeles
Time on Site
1269 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,200
  • Net Operating Income: $41,770
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,430
  • Electric: $250
  • Gas/Fuel: $0
  • New Taxes: $9,200
  • Trash: $480
  • Insurance: $1,700
  • Water/Sewer: $1,800

Property Details for 1573 N Herbert Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Laminate, Wood
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Back Yard, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5224023024
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Repairs Major, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: City Terrace Dr. North Herbert
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 1573 N Herbert Ave

Last sold for $740,000 on April 8th, 2020
  • April, 2020

  • Apr 9, 2020

    Date

    Sold

    CRMLS: WS20017777

    $740,000

    Price

  • Mar 5, 2020

    Date

    Price Change

    CRMLS: WS20017777

    $775,000

    Price

  • Jan 25, 2020

    Date

    Active

    CRMLS: WS20017777

    $789,000

    Price

  • April, 2020

  • Apr 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $740,000

    Price

  • November, 2019

  • Nov 5, 2019

    Date

    Sold

    CRMLS: MB19190065

    $560,000

    Price

  • Sep 23, 2019

    Date

    Pending

    CRMLS: MB19190065

    $499,999

    Price

  • Aug 27, 2019

    Date

    Active Under Contract

    CRMLS: MB19190065

    $499,999

    Price

  • Aug 9, 2019

    Date

    Active

    CRMLS: MB19190065

    $499,999

    Price

  • Listing provided courtesy of CRMLS

    Nice City Terrace Duplex for sale. Both units are identical and feature 2 bedrooms and 1 bathroom. Garages for each unit are huge and can hold up to 4 vehicles in each one. Property is a great starter home or investment.

  • October, 2019

  • Oct 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

Show More

Tax History for 1573 N Herbert Ave

Assessed Value (2020): $560,000
Year Land Value Improved Value Assessed Value
2020 $300,000 $260,000 $560,000

Home Value Compared to the Market

This property vs the competition

1573 N Herbert Ave sold on April 8, 2020 for 39.17% lower 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 $480.77 per/sqft which puts the price per square foot 39.22% lower than the current median sale per square foot for the city of Los Angeles.

About 1573 N Herbert Ave

Detailed summary of property

1573 N Herbert Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,612 living square feet, and sits on an approximately 6,281 square foot lot. 1573 N Herbert Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $740,000. 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 39.17% lower than the current median priced home. Local homes that are currently for sale include 4775 Hammel St, 2415 Gates St and 3406 Pueblo Ave. While the average home in Los Angeles, CA is selling in 100 days, 1573 N Herbert Ave has a days on market of 43 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1573 N Herbert Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1573 N Herbert Ave

Public county record property details
Beds
4
Baths
2
Year built
1995
Sq. Ft.
1,612
Lot Size
6,281
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
70
APN
5224-023-024

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
41
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.