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1600 W 71St St, Los Angeles, CA 90047
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1600 W 71St St Los Angeles, CA 90047

$600,000 Sold Price as of 11/13/2020
  • 7 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$600,000 Sold Price as of 11/13/2020 Refinance Your Mortgage
Map preview of 1600 W 71St St, Los Angeles, CA 90047

Property Overview: 1600 W 71St St Los Angeles, CA has 7 bedrooms, 4 bathrooms, -- living square feet and 3,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity! Two unit property. Spacious two bedroom and one bathroom on second level. Three bedroom and two bathroom on bottom level. Great location close to schools, public transportation, shopping, and freeway access. Please do not disturb tenants. In addition,"property is tenant occupied and will be sold subject to tenant rights" it will not be delivered empty.

Listed by Malik Chaka | BRE #01712360 | Pacific Playa Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
3,602
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20617170
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,435
  • Total Rent: $2,435
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,829
  • Total Rent: $1,728
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.89
  • Gross Scheduled Income: --
  • Net Operating Income: $24,500
  • Gross Operating Income: $43,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1600 W 71St St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 6015035027
Location / Neighborhood
Location Information
  • Directions: Florence and Denker is the major cross street. Location is on corner of 71st street and Denker Street.
View more facts & features

Local Los Angeles Agent

Sale History for 1600 W 71St St

Last sold for $600,000 on November 13th, 2020

  • November, 2020

  • Nov 19, 2020

    Date

    Sold

    CRMLS: 20617170

    $600,000

    Price

  • Aug 20, 2020

    Date

    Pending

    CRMLS: 20617170

    $575,000

    Price

  • Aug 11, 2020

    Date

    Active

    CRMLS: 20617170

    $575,000

    Price

  • November, 2020

  • Nov 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

Show More

Tax History for 1600 W 71St St

Assessed Value (2020): $153,750
Year Land Value Improved Value Assessed Value
2020 $21,715 $132,035 $153,750

Home Value Compared to the Market

This property vs the competition

1600 W 71St St sold on November 13, 2020 for 51.68% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1600 W 71St St

Detailed summary of property

1600 W 71St St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 7 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 3,602 square foot lot. 1600 W 71St St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $600,000. 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 51.68% lower than the current median priced home. Local homes that are currently for sale include 1324 W 88th St, 820-822 W 61st St and 901 W 83rd St. While the average home in Los Angeles, CA is selling in 93 days, 1600 W 71St St has a days on market of 9 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1600 W 71St St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1600 W 71St St

Public county record property details
Beds
5
Baths
2
Year built
1923
Sq. Ft.
1,896
Lot Size
3,601
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
242
APN
6015-035-027

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
80
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1600 W 71St St

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Recently Sold Homes Near 1600 W 71St St

1601 W 71St St, Los Angeles, CA 90047
$585,000 Last Sold Price
4 Beds
3 Baths
1366 Sq.Ft.
1601 W 71St St
Los Angeles, CA 90047
7223 S Denker Ave, Los Angeles, CA 90047
$750,000 Last Sold Price
4 Beds
2 Baths
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1509 W Florence Ave, Los Angeles, CA 90047
$1,065,000 Last Sold Price
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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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