1647 S Holt Ave, Los Angeles, CA 90035
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1647 S Holt Ave Los Angeles, CA 90035

$1,895,000
  • 4 Beds
  • 3 Baths
  • 2,957 Sq.Ft.
For Sale
$1,895,000 Get Pre-Qualified

Map preview of 1647 S Holt Ave, Los Angeles, CA 90035

Property Overview: 1647 S Holt Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,957 living square feet and 6,318 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: 100% VACANT! 1647 S Holt Ave, an exquisite duplex located in the highly sought-after Pico-Robertson neighborhood! This stunning property offers two spacious 2-bedroom, 1-bathroom units and will be delivered 100% vacant, providing endless possibilities for its fortunate new owner.Combining the charm of 1930's Spanish-style architecture with modern renovations, this remarkable property is truly exceptional. Among its numerous upgrades are upgraded electrical systems, copper plumbing, central AC & heat upstairs, new spanish tiled roof, remodeled wood burning fireplaces, new permitted HVAC(furnace), new sewer lines, updated landscaping and a fully entitled recreation room with a bathroom and wet bar. Additionally, each unit is equipped with its own in-unit washer and dryer hookups, offering added convenience and luxury.The expansive lot of 6,381 square feet perfectly complements the building's 2,957 rentable square feet, providing ample space and endless potential. The backyard also includes a separate building that holds immense promise. Currently entitled as a recreation room, the building can be left as is, or it can easily be transformed into an Accessory Dwelling Unit (ADU) (Buyer to Verify). This would offer the opportunity for additional rental income or a flexible space for various purposes, such as a home office, gym, or guest quarters.Whether you're an investor seeking a lucrative income property, a multi-generational family in need of separate living quarters, or an owner-occupant desiring to rent out the other unit, this property caters to diverse needs.Situated in the desirable Pico-Robertson neighborhood, you'll enjoy convenient access to a wide array of amenities, including restaurants, shops, parks, and entertainment options.This prime location offers a desirable blend of convenience and tranquility, making it one of Los Angeles' most coveted places to call home.Don't miss out on the chance to own this extraordinary duplex, featuring spacious living areas, modern upgrades, ADU potential, with the gorgeous charm of Spanish-style architecture. Embrace this opportunity to create your dream home or investment property in one of the most sought-after neighborhoods in Los Angeles. Please Do Not Disturb The Tenants(Family Still Occupying Upstairs Unit).

Listed by Chase Simonton | BRE #01766871 | RE/MAX One
Co-listed by Robert Carlile | BRE #02066811 | RE/MAX One
Last checked: 15 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
6,318
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24367211
City
Los Angeles
County
Los Angeles
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.48
  • Gross Scheduled Income: --
  • Net Operating Income: $79,623
  • Gross Operating Income: $122,400
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1647 S Holt Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Combination
Laundry Information
  • Has Laundry
  • Stackable
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Private, Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 4303013070
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Holt Ave & Airdrome St
View more facts & features

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Sale History for 1647 S Holt Ave

Last sold for $345,000 on January 29th, 1999
  • March, 2024

  • Mar 11, 2024

    Date

    Active

    CRMLS: 24367211

    $1,895,000

    Price

  • November, 2022

  • Nov 12, 2022

    Date

    Expired

    CRMLS: 22158325

    $1,915,000

    Price

  • May 19, 2022

    Date

    Active

    CRMLS: 22158325

    $1,915,000

    Price

  • Listing provided courtesy of CRMLS

    Charming Spanish duplex 1930's lush landscaping situated on a hard-to-find Corner lot in the sought after Beverlywood area: Mins to Culver City, B.H., WeHo, or pop on 10 East to DTLA, West to the Beach. This gated Spanish style compound is a perfect blend of old-world & modern convenience. The 2 units (up & down) in main structure have identical floor plans, each at almost 1500 sqft spacious with lots of natural sun light. A newly built, permitted can use living space over 700 sqft in the back-currently severed as a recreation room or a 2 car garage. The open court yard and back yard with fruit tree is perfect for outdoor seating: inspiration if work at home or entertaining. The possibilities are endless on a beautiful tree lined residential street.

  • January, 1999

  • Jan 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

  • January, 1998

  • Jan 14, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1647 S Holt Ave

Assessed Value (2020): $508,591
Year Land Value Improved Value Assessed Value
2020 $329,693 $178,898 $508,591

Home Value Compared to the Market

This property vs the competition

1647 S Holt Ave is listed 53.32% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $640.85 per/sqft which puts the price per square foot 17.1% lower than the median price per square foot for the city of Los Angeles.

About 1647 S Holt Ave

Detailed summary of property

1647 S Holt Ave is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 4 bedrooms, 3 bathrooms, roughly 2,957 living square feet, and sits on an approximately 6,318 square foot lot. 1647 S Holt Ave was first listed on ArdentRealEstateGroup.com on March 11, 2024. The homeowner is currently asking $1,895,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 53.32% higher than the median priced home. Local competing homes currently for sale include 1132 S Crescent Heights Blvd, 1236 Hi Point St and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 96 days, 1647 S Holt Ave has a days on market of 36 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1647 S Holt Ave Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1647 S Holt Ave

Public county record property details
Beds
4
Baths
2
Year built
1930
Sq. Ft.
2,957
Lot Size
6,318
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
136
APN
4303-013-070

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$785
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$836
Total Inventory
53
Median Sale to List Price %
92.92%
Avg Days on Market
47
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (15.38%)

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Related Resources to 1647 S Holt Ave

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.