1642 W 62nd St, Los Angeles, CA 90047
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1642 W 62nd St Los Angeles, CA 90047

$550,000 Sold Price as of 08/21/2020
  • 5 Beds
  • 2 Baths
  • 1,765 Sq.Ft.
Sold
$550,000 Sold Price as of 08/21/2020 Refinance Your Mortgage

Map preview of 1642 W 62nd St, Los Angeles, CA 90047

Property Overview: 1642 W 62nd St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,765 living square feet and 4,962 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: west LA its hot minor tlc spruce it up raise the value wont last long close to new stadium

Listed by David Duran | BRE #01959596 | United Real Estate Pacific States
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
4,962
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW20110589
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $33,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $500
  • Insurance: $1,500
  • Water/Sewer: $500

Property Details for 1642 W 62nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 2
  • Parcel Number: 6002028020
  • Year Built Source: Appraiser
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: western and 62nd st
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Street Lights
View more facts & features

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Sale History for 1642 W 62nd St

Last sold for $550,000 on August 21st, 2020
  • August, 2020

  • Aug 24, 2020

    Date

    Sold

    CRMLS: DW20110589

    $550,000

    Price

  • Jun 30, 2020

    Date

    Pending

    CRMLS: DW20110589

    $555,000

    Price

  • Jun 9, 2020

    Date

    Active

    CRMLS: DW20110589

    $555,000

    Price

  • August, 2020

  • Aug 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • May, 2015

  • May 14, 2015

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

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Tax History for 1642 W 62nd St

Assessed Value (2020): $379,130
Year Land Value Improved Value Assessed Value
2020 $269,238 $109,892 $379,130

Home Value Compared to the Market

This property vs the competition

1642 W 62nd St sold on August 21, 2020 for 53.36% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $314.45 per/sqft which puts the price per square foot 58.35% lower than the current median sale per square foot for the city of Los Angeles.

About 1642 W 62nd St

Detailed summary of property

1642 W 62nd St is a duplex that recently sold in Los Angeles, CA 90047. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,765 living square feet, and sits on an approximately 4,962 square foot lot. 1642 W 62nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $550,000. 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 53.36% lower than the current median priced home. Local homes that are currently for sale include 1217 W 89th St, 134 W 60th St and 3983 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 94 days, 1642 W 62nd St has a days on market of 20 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1642 W 62nd 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 1642 W 62nd St

Public county record property details
Beds
5
Baths
2
Year built
1947
Sq. Ft.
1,765
Lot Size
4,961
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
6002-028-020

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
$765,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
83
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%)

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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.