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1626 W 104Th St, Los Angeles, CA 90047
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1626 W 104Th St Los Angeles, CA 90047

$1,050,000 Sold Price as of 12/15/2021
  • 6 Beds
  • 4 Baths
  • 3,027 Sq.Ft.
Sold
$1,050,000 Sold Price as of 12/15/2021 Refinance Your Mortgage
Map preview of 1626 W 104Th St, Los Angeles, CA 90047

Property Overview: 1626 W 104Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,027 living square feet and 5,310 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turn Key, 1983 construction 3-unit asset located in the heart of Westmont at 1626 W. 104th St., Los Angeles 90047. With Prop 21 failing to pass, investors can take advantage of this Turnkey, NON-RENT CONTROLLED asset offering strong current rents, with room to grow the monthly income. Two identical buildings for sale next door; Can be sold together for a total of 9 units. 1626 W 104th St., is comprised of (1) 2-Bd/2-Ba units and (2) 2-Bd/1-Ba units. These spacious units feature new flooring, countertops, appliances and fixtures, as well dishwashers. Plumbing and electrical have been upgraded. Additionally, each units comes with their own parking spaces. Laundry room on site. There is still room to grow the rental income nearly 20%. The subject property is located in a quiet neighborhood comprised of primarily single-family homes. Additionally, 1626 W 104th St. is minutes from new developments such as SoFi Stadium, Clippers Arena, Hawthorne Mall, Ring, Hollywood Park and SpaceX. This is an ideal pickup for any investor or owner/user looking to live in one unit and let the others pay off the mortgage!

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 11 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,310
HOA Dues
$0/mo
Year built
1983
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21113040
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.03%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $65,640
  • Net Operating Income: $42,294
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,064
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1626 W 104Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6059010025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Century Blvd and Western Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking, Park
View more facts & features

Local Los Angeles Agent

Sale History for 1626 W 104Th St

Last sold for $1,050,000 on December 15th, 2021

  • June, 2021

  • Jun 23, 2021

    Date

    Active Under Contract

    CRMLS: SB21113040

    $1,050,000

    Price

  • Jun 15, 2021

    Date

    Active

    CRMLS: SB21113040

    $1,050,000

    Price

  • May 26, 2021

    Date

    Coming Soon

    CRMLS: SB21113040

    $1,050,000

    Price

  • December, 2018

  • Dec 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

  • November, 2017

  • Nov 11, 2017

    Date

    Sold

    CRMLS: 17274406

    $516,666

    Price

  • Oct 14, 2017

    Date

    Pending

    CRMLS: 17274406

    $515,000

    Price

  • Sep 27, 2017

    Date

    Active

    CRMLS: 17274406

    $515,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in the Westmont Area. No rent control with long term tenants. This property must be sold as a bundle with 1630 & 1634 West 104th Street (apn no 6059-010-024 & 6059-010-023) because they do share one meter. Property is being sold in its "AS IS" conditions with no repairs or warranty. Buyer to verify all information herein. Do not disturb tenants. Drive by only. Seller has choice of all services

  • November, 2017

  • Nov 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $517,000

    Price

Show More

Tax History for 1626 W 104Th St

Assessed Value (2020): $620,550
Year Land Value Improved Value Assessed Value
2020 $392,818 $227,732 $620,550

Home Value Compared to the Market

This property vs the competition

1626 W 104Th St sold on December 15, 2021 for 6.25% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $346.88 per/sqft which puts the price per square foot 52.09% lower than the current median sale per square foot for the city of Los Angeles.

About 1626 W 104Th St

Detailed summary of property

1626 W 104Th St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,027 living square feet, and sits on an approximately 5,310 square foot lot. 1626 W 104Th St was first listed on ArdentRealEstateGroup.com on May 26, 2021. The homeowner sold the property for $1,050,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.25% lower than the current median priced home. Local homes that are currently for sale include 1520 W 84th Pl, 2124 W Manchester Ave and 1652 W 81st St. While the average home in Los Angeles, CA is selling in 106 days, 1626 W 104Th St has a days on market of 8 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 1626 W 104Th 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 1626 W 104Th St

Public county record property details
Beds
6
Baths
5
Year built
1983
Sq. Ft.
3,027
Lot Size
5,309
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6059-010-025

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
$750,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
101
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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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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