1650 W 2Nd St, Los Angeles, CA 90026
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1650 W 2Nd St Los Angeles, CA 90026

$795,000 Sold Price as of 03/15/2024
  • 4 Beds
  • 3 Baths
  • 1,752 Sq.Ft.
Sold
$795,000 Sold Price as of 03/15/2024 Refinance Your Mortgage

Map preview of 1650 W 2Nd St, Los Angeles, CA 90026

Property Overview: 1650 W 2Nd St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,752 living square feet and 7,046 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Three mid-century units in up and coming area just south of Echo park and near DTLA. One 1/bd unit is currently vacant. Large front yard/patio for vacant unit. Gated parking for several cars. Wonderful private and shady backyard with large trees and garden.

Listed by Cesar Sanchez | BRE #01245175 | Compass
Last checked: 5 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
7,046
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24349003
City
Los Angeles
County
Los Angeles
Time on Site
234 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: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,628
  • Total Rent: $1,693
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.5
  • Gross Scheduled Income: --
  • Net Operating Income: $54,000
  • Gross Operating Income: $52,320
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gardener: $1,680
  • Water/Sewer: $2,400

Property Details for 1650 W 2Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Gated, Driveway, Parking Space, Uncovered
Property Information
  • Total # of Units: 3
  • Parcel Number: 5153011003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd. Cross street is Union Place.
View more facts & features

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Sale History for 1650 W 2Nd St

Last sold for $795,000 on March 15th, 2024
  • March, 2024

  • Mar 15, 2024

    Date

    Sold

    CRMLS: 24349003

    $795,000

    Price

  • Jan 28, 2024

    Date

    Active

    CRMLS: 24349003

    $845,000

    Price

  • January, 2014

  • Jan 27, 2014

    Date

    Price Change

    CRMLS: 14731279

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Three well maintained mid-century units. Ample parking space, large front yard, spacious rear yard and large covered front patio. Garage and gated parking for several cars. Generous lot size, approximately 7,000 sq. ft. Wonderful private and shady backyard with terraced garden

  • October, 2013

  • Oct 21, 2013

    Date

    Price Change

    CRMLS: 12178904

    $529,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment property in up and coming area. Triplex with large lot. Conveniently close to downtown L.A. and Silverlake. Plenty of gated parking space for tenants and large backyard with potential for extra driveway space from the alley. Wonderful private backyard with terraced garden. Seller is motivated. Drive by only. Do not disturb tenants.

  • March, 2000

  • Mar 31, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 1998

  • Nov 25, 1998

    Date

    Sold (Public Records)

    Public Records

    $318,000

    Price

Show More

Tax History for 1650 W 2Nd St

Assessed Value (2020): $194,935
Year Land Value Improved Value Assessed Value
2020 $151,939 $42,996 $194,935

Home Value Compared to the Market

This property vs the competition

1650 W 2Nd St sold on March 15, 2024 for 29.02% 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 $453.77 per/sqft which puts the price per square foot 37.32% lower than the current median sale per square foot for the city of Los Angeles.

About 1650 W 2Nd St

Detailed summary of property

1650 W 2Nd St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,752 living square feet, and sits on an approximately 7,046 square foot lot. 1650 W 2Nd St was first listed on ArdentRealEstateGroup.com on January 29, 2024. The homeowner sold the property for $795,000. 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 29.02% lower than the current median priced home. Local homes that are currently for sale include 2165 Valentine St #1, 625 E 21st St and 1289 W 25th St. While the average home in Los Angeles, CA is selling in 106 days, 1650 W 2Nd St has a days on market of 28 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 1650 W 2Nd 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 1650 W 2Nd St

Public county record property details
Beds
4
Baths
3
Year built
1953
Sq. Ft.
1,752
Lot Size
6,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,3
APN
5153-011-003

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
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), 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.