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1643 Selby Ave Los Angeles, CA 90024

$1,600,000 Sold Price as of 05/10/2023

4 Beds
4 Baths
4,215 Sq.Ft.

Sold

$1,600,000 Sold Price as of 05/10/2023 Refinance Your Mortgage

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Map preview of 1643 Selby Ave, Los Angeles, CA 90024

Property Overview: 1643 Selby Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,215 living square feet and 6,239 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 100% VACANT! 3 Units total. Large 2 bed 2 bath upstairs above attached garage. Middle and front units are 1 bed 1 baths. Great location in prime Westwood north of Santa Monica Blvd across the street from the Mormon Temple campus. Ample parking on property in addition to street parking. Laundry room on property. This property is being sold together with the adjacent property to the south, which is a vacant Single Family Residence at 1649 Selby with MLS # 22-208007. Property being sold AS-IS with no concessions. Title shows 4 units, 3 presentMost likely two units were combined at one time. No sign on property. Fairburn School district.

Listed by Alex 'Zan' Sacker | BRE #01279796 | KW Advisors

Last checked: 39 seconds ago | Last updated: January 4th, 2024 | Source CRMLS | DOM: 178

Home details

Lot Sq. Ft: 6,239
HOA Dues: $0/mo
Year built: 1950
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 22208055
City: Los Angeles
County: Los Angeles
Time on Site: 603 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $4,500

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,500

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1643 Selby Ave

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway

Property Information

No View
View: None
Total # of Units: 3
Parcel Number: 4325025026
Architectural Style: Contemporary
Property Condition: Repairs Cosmetic, Repairs Major, Fixer, Additions/Alterations, Under Construction

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Location / Neighborhood

Location Information

Directions: North of Santa Monica Blvd.

View more facts & features

Local Los Angeles Agent

Sale History for 1643 Selby Ave

Last leased for $3,040 on December 8th, 2023

December, 2023
Dec 8, 2023

Date

Leased

CRMLS: 23331363

$3,040

Price
Nov 15, 2023

Date

Active

CRMLS: 23331363

$2,990

Price
Listing provided courtesy of CRMLS

Beautifully renovated, spacious one bedroom, one bathroom front-facing unit located in a highly sought-after Westwood neighborhood! As you step inside, you'll be greeted by a warm and inviting ambiance, with an abundance of natural light. The kitchen features brand new stainless steel appliances, soft-close cabinetry, and quartz countertops, and is open to the generous living room and dining area. The large bedroom features an ample closet and built-in cabinets, providing plenty of space to store all of your clothing and accessories, while a closet in the hallway offers extra storage of household goods. The adjacent well-appointed bath has a shower with tub for a relaxing soak after a long day. The unit is complete with central heat and A/C, an energy-efficient Nest thermostat, on-site laundry, and one garage parking spot. Don't miss this opportunity to live in the desirable neighborhood of Westwood, in proximity to the UCLA campus, Westwood Village, Century City, and Beverly Hills, with immediate access to the very best in entertainment, shopping, restaurants, bars, and cafes!

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May, 2023
May 10, 2023

Date

Sold

CRMLS: 22208055

$1,600,000

Price
Oct 18, 2022

Date

Active

CRMLS: 22208055

$1,999,999

Price
October, 2022
Oct 11, 2022

Date

Canceled

CRMLS: 21101365

$1,999,999

Price
Nov 2, 2021

Date

Active

CRMLS: 21101365

$1,999,999

Price
Listing provided courtesy of CRMLS

Back on Market! 100% VACANT! 3 Units total. Large 2 bed 2 bath upstairs above attached garage. Middle and front units are 1 bed 1 baths. Great location in prime Westwood north of Santa Monica Blvd across the street from the Mormon Temple campus. Ample parking on property in addition to street parking. Laundry room on property. This property is being sold together with the adjacent property which is a vacant Single Family Residence at 1649 Selby with MLS # 21-100441. Per Bi-Rights one can combine both properties for a total of 12,906 sf total / 1500sf per unit = 8.6 units total..or a mix of 15 units total with low income housing per code.Photos of the units available upon request. Inside each unit with accepted offer only. . Title shows 4 units, 3 presentMost likely two units were combined at one time. No sign on property. Fairburn school School district. ***Buyer to do their own due diligence and verify what they can and cannot build on the property***

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September, 2021
Sep 1, 2021

Date

Expired

CRMLS: SB21091986

$4,950,000

Price
Jul 18, 2021

Date

Price Change

CRMLS: SB21091986

$4,950,000

Price
Apr 30, 2021

Date

Active

CRMLS: SB21091986

$5,399,000

Price
Listing provided courtesy of CRMLS

Two adjacent parcels, being sold together not separately, consisting of a 2-story traditional design small apartment building (triplex) with a detached 2 car garage and the second parcel is a traditional bungalow design Single Family Home with detached 2 car garage. Public records report 1643 Selby as a 4-unit property, client reports 3 units. Combined lots total 12,906 SqFt according to Assessors records. The subject is located in Westwood, an affluent Los Angeles neighborhood brimming with Hollywood history, culture, and home to one of the top universities in the nation, UCLA. The Westwood neighborhood began development in 1919, when a new campus of the University of California opened in 1926. Westwood Village opened three (3) years later, in 1929. The Metro’s Purple Line station will be added near Wilshire and Westwood Boulevards t on Los Angeles to the Westside. Given its location on a highly utilized East/West thoroughfare, the station will create seamless links to travel destinations along and near Westwood and Wilshire Boulevards, such as UCLA, Westwood Village and The Hammer Museum. The expansion of the Metro’s Purple Line designates the subject property as a TOC Tier 3 zoned parcel. Completion of the purple line station is slated for 2026. See supplements for the OM.

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May, 1994
May 10, 1994

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1643 Selby Ave

Assessed Value (2020): $152,385

Year	Land Value	Improved Value	Assessed Value
2020	$108,924	$43,461	$152,385

Home Value Compared to the Market

This property vs the competition

1643 Selby Ave sold on May 10, 2023 for 76.99% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $474.5 per/sqft which puts the price per square foot 37.07% lower than the current median sale per square foot for the city of Los Angeles.

About 1643 Selby Ave

Detailed summary of property

1643 Selby Ave is a multi family that recently sold in Los Angeles, CA 90024. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 4,215 living square feet, and sits on an approximately 6,239 square foot lot. 1643 Selby Ave was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.99% higher than the current median priced home. Local homes that are currently for sale include 1952 S Corning St, 8664 Cadillac Ave and 6064 Horner St. While the average home in Los Angeles, CA is selling in 94 days, 1643 Selby Ave has a days on market of 178 days. There are currently 3859 homes for sale in the Los Angeles real estate market and 2609 of them are single family homes while 1145 of them are condos and 99 are townhomes. For more information on this home for sale at 1643 Selby Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1643 Selby Ave

Public county record property details

Beds: 7
Baths: 6
Year built: 1950
Sq. Ft.: 4,215
Lot Size: 6,239
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 27
APN: 4325-025-026

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,399,000

Median List Price/Sq.Ft.

$830

Median Sold Price

$1,280,000

Median Sold Price/Sq.Ft.

$701

Total Inventory

171

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (3.85%), FHA (0%), VA (0%), Cash (19.23%), 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.