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1647 Cortez St, Los Angeles, CA 90026
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1647 Cortez St Los Angeles, CA 90026

$1,045,000 Sold Price as of 06/24/2021
  • 7 Beds
  • 2 Baths
  • 1,800 Sq.Ft.
Sold
$1,045,000 Sold Price as of 06/24/2021 Refinance Your Mortgage
Map preview of 1647 Cortez St, Los Angeles, CA 90026

Property Overview: 1647 Cortez St Los Angeles, CA has 7 bedrooms, 2 bathrooms, 1,800 living square feet and 3,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic central location! Just short walk to Echo Park Lake. Perfect for owner occupying upstairs 5 bedroom unit and renting out lower 2 bedroom unit (lower unit rented for $2200-$2300 in the past, now both delivered vacant). Large backyard with tons of possibilities (enough space even for a pool). Mature avocado and citrus trees. Current owner renovated lower unit with new kitchen cabinets and appliances, new floors, new AC and all new energy efficient windows. New wood and metal gate installed last year and recently painted inside and out. Extensive foundation upgrades completed in 2018. Priced below market value for quick sale.

Listed by Ewa Reza | BRE #01874963 | Ashby & Graff
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
3,999
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21728046
City
Los Angeles
County
Los Angeles
Time on Site
1104 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.35
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Other Income 1: $5,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1647 Cortez St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Wood, Laminate, Tile, Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Range, Gas Oven
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5159022019
Location / Neighborhood
Location Information
  • Directions: South of Temple and West of Glendale Blvd; short walk to Echo Park Lake
View more facts & features

Local Los Angeles Agent

Sale History for 1647 Cortez St

Last sold for $1,045,000 on June 24th, 2021

  • June, 2021

  • Jun 29, 2021

    Date

    Sold

    CRMLS: 21728046

    $1,045,000

    Price

  • Jun 3, 2021

    Date

    Pending

    CRMLS: 21728046

    $1,049,000

    Price

  • May 15, 2021

    Date

    Price Change

    CRMLS: 21728046

    $1,049,000

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: 21728046

    $999,000

    Price

  • November, 2017

  • Nov 14, 2017

    Date

    Sold

    CRMLS: 17266306

    $780,000

    Price

  • Oct 2, 2017

    Date

    Active Under Contract

    CRMLS: 17266306

    $799,000

    Price

  • Sep 13, 2017

    Date

    Active

    CRMLS: 17266306

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for an owner occupant & enough yard space for a pool! Perfect for a developer as this is an LAR4 property on a sloping hill. One unit is already vacant & the other is occupied for less that 2 years by an existing tenant. A $10,000 credit to be given to any purchasers who owner occupy. This charming duplex won't last long call.

  • November, 2017

  • Nov 3, 2017

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

  • September, 2017

  • Sep 1, 2017

    Date

    Canceled

    CRMLS: 17189916

    $815,000

    Price

  • Jan 6, 2017

    Date

    Active

    CRMLS: 17189916

    $815,000

    Price

  • Listing provided courtesy of CRMLS

    Charming duplex perfect for a family looking to subsidize the cost of a mortgage, the 4 bedroom unit plus office includes a warm entry way & a cozy kitchen along with hardwood floors. The second unit with 2 bedrooms sits next to a large open yard with tons of possibilities and enough room for a pool. With very few duplex opportunities left in this highly desirable market this darling property is definitely a steal for the right buyer. One vacant unit & one occupied.

  • September, 2000

  • Sep 29, 2000

    Date

    Sold (Public Records)

    Public Records

    $185,000

    Price

Show More

Tax History for 1647 Cortez St

Assessed Value (2020): $811,512
Year Land Value Improved Value Assessed Value
2020 $624,240 $187,272 $811,512

Home Value Compared to the Market

This property vs the competition

1647 Cortez St sold on June 24, 2021 for 11.85% 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 $582.78 per/sqft which puts the price per square foot 22.81% lower than the current median sale per square foot for the city of Los Angeles.

About 1647 Cortez St

Detailed summary of property

1647 Cortez St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 7 bedrooms, 2 bathrooms, roughly 1,800 living square feet, and sits on an approximately 3,999 square foot lot. 1647 Cortez St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,045,000. 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 11.85% lower than the current median priced home. Local homes that are currently for sale include 406 N Rampart Blvd, 1259 Vin Scully Ave and 1242 Lilac Pl. While the average home in Los Angeles, CA is selling in 93 days, 1647 Cortez St has a days on market of 11 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 1647 Cortez St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1647 Cortez St

Public county record property details
Beds
3
Baths
2
Year built
1905
Sq. Ft.
1,800
Lot Size
3,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,14
APN
5159-022-019

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1647 Cortez St

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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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