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1613 Hillhurst Ave, Los Angeles, CA 90027
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1613 Hillhurst Ave Los Angeles, CA 90027

$2,295,000
  • 8 Beds
  • 8 Baths
  • 4,418 Sq.Ft.
For Sale
$2,295,000 Get Pre-Qualified
Map preview of 1613 Hillhurst Ave, Los Angeles, CA 90027

Property Overview: 1613 Hillhurst Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,418 living square feet and 7,329 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1613 Hillhurst Avenue is a 4,418 square foot, garden style 1950's building comprised of eight (8) 1+1 units. Each unit is separately metered for gas and electricity. The property features some copper plumbing, a roof that was installed in 2007, newer vinyl windows and a newer hot water heater. The interior of the property is well kept and features hardwood flooring and some charming original finishes. TWO (2) OF THE UNITS WILL BE DELIVERED VACANT. At the rear of the building there is a laundry room that is not currently in use that can provide additional income for the next owner. The property is situated on a 7,329 square foot lot and there is one parking space for each unit. SELLER MAY CARRY WITH ATTRACTIVE TERMS! Ideally located in Los Feliz, 1613 Hillhurst Ave. provides an excellent opportunity to own in one of the most highly sought-after areas of Los Angeles. The property is located on Hillhurst Ave., between Sunset Blvd. & Prospect Ave. offering easy access to the 101 and 5 freeways as well as the Greek Theater and Griffith Park. Tenants and owners alike are attracted to this area because of the local bars, restaurants, services and shopping in the immediate vicinity including, Lassens, Lazy Acres, Trader Joe's, Home, Bar Covell, Little Dom's, Messhall and The Alcove. As well as close proximity to major employment hubs such as Downtown LA, Hollywood & Koreatown. The subject property is located in the city of Los Angeles and is subject to LARSO.

Listed by Nicole Apostolos | BRE #01464936 | Equity Union
Last checked: 15 minutes ago | Last updated: August 1st, 2024 | Source CRMLS | DOM: 52
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Home details

Lot Sq. Ft
7,329
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24418877
City
Los Angeles
County
Los Angeles
Time on Site
56 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,663
  • Total Rent: $13,306
  • Pro Forma/Market Rent: $19,960
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.64%
  • Gross Rent Multiplier: 14.37
  • Gross Scheduled Income: --
  • Net Operating Income: $106,549
  • Gross Operating Income: $154,878
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1613 Hillhurst Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Size Source: Builder
Property Information
  • Total # of Units: 8
  • Parcel Number: 5542003010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Near the corner of Hillhurst Avenue and Sunset Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1613 Hillhurst Ave

View property's historical transactions

  • July, 2024

  • Jul 24, 2024

    Date

    Active

    CRMLS: 24418877

    $2,295,000

    Price

Tax History for 1613 Hillhurst Ave

Assessed Value (2020): $200,428
Year Land Value Improved Value Assessed Value
2020 $93,453 $106,975 $200,428

Home Value Compared to the Market

This property vs the competition

1613 Hillhurst Ave is listed 91.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $519.47 per/sqft which puts the price per square foot 32.36% lower than the median price per square foot for the city of Los Angeles.

About 1613 Hillhurst Ave

Detailed summary of property

1613 Hillhurst Ave is a multi family located in Los Angeles, CA 90027 and is currently for sale. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 4,418 living square feet, and sits on an approximately 7,329 square foot lot. 1613 Hillhurst Ave was first listed on ArdentRealEstateGroup.com on July 24, 2024. The homeowner is currently asking $2,295,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 91.25% higher than the median priced home. Local competing homes currently for sale include 1920 N Alexandria Ave, 1425 N Normandie Ave and 842 Hyperion Ave. While the average home in Los Angeles, CA is selling in 106 days, 1613 Hillhurst Ave has a days on market of 52 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1613 Hillhurst Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1613 Hillhurst Ave

Public county record property details
Beds
8
Baths
8
Year built
1952
Sq. Ft.
4,418
Lot Size
7,329
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
5542-003-010

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), 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.

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