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1651 La Fayette Rd, Los Angeles, CA 90019
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1651 La Fayette Rd Los Angeles, CA 90019

$781,000 Sold Price as of 01/12/2021
  • 2 Beds
  • 2 Baths
  • 1,560 Sq.Ft.
Sold
$781,000 Sold Price as of 01/12/2021 Refinance Your Mortgage
Map preview of 1651 La Fayette Rd, Los Angeles, CA 90019

Property Overview: 1651 La Fayette Rd Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,560 living square feet and 4,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This vintage side by side duplex feels like two small homes on one lot. Each unit has its own fenced private yard. There is a two-car garage that has been spit into two private garages. There are beautiful built-in features in the units and original historic details. The Midtown Crossing neighborhood has lots of restaurants and shopping within walking distance and would make a great place to live in one unit and get income form the other. This duplex sits on a cul-de-sac street with a walking entrance into beautiful La Fayette Square. Please do not disturb the tenant at 1653 La Fayette.

Listed by Dominic Adams | BRE #01279399 | Keller Williams SELA
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
4,970
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20233084
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,400
  • Net Operating Income: $37,053
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,347
  • New Taxes: $4,347
  • Trash: $0
  • Insurance: $2,500

Property Details for 1651 La Fayette Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Wood
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Water Heater
Interior Features
  • Built-in Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5071009052
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Venice to La Fayette Rd south and property is on the right.
Neighborhood Information
  • Community Features: Curbs, Gutters
View more facts & features

Local Los Angeles Agent

Sale History for 1651 La Fayette Rd

Last sold for $781,000 on January 12th, 2021

  • January, 2021

  • Jan 12, 2021

    Date

    Sold

    CRMLS: OC20233084

    $781,000

    Price

  • Dec 22, 2020

    Date

    Pending

    CRMLS: OC20233084

    $729,000

    Price

  • Dec 16, 2020

    Date

    Active Under Contract

    CRMLS: OC20233084

    $729,000

    Price

  • Nov 29, 2020

    Date

    Price Change

    CRMLS: OC20233084

    $729,000

    Price

  • Nov 4, 2020

    Date

    Active

    CRMLS: OC20233084

    $799,000

    Price

  • January, 2021

  • Jan 12, 2021

    Date

    Sold (Public Records)

    Public Records

    $781,000

    Price

  • October, 1996

  • Oct 18, 1996

    Date

    Sold (Public Records)

    Public Records

    $97,000

    Price

Show More

Tax History for 1651 La Fayette Rd

Assessed Value (2020): $337,684
Year Land Value Improved Value Assessed Value
2020 $297,963 $39,721 $337,684

Home Value Compared to the Market

This property vs the competition

1651 La Fayette Rd sold on January 12, 2021 for 35.49% lower 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 $467.31 per/sqft which puts the price per square foot 38.02% lower than the current median sale per square foot for the city of Los Angeles.

About 1651 La Fayette Rd

Detailed summary of property

1651 La Fayette Rd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,560 living square feet, and sits on an approximately 4,970 square foot lot. 1651 La Fayette Rd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $781,000. 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 35.49% lower than the current median priced home. Local homes that are currently for sale include 4422 3rd Ave, 1466 W 22nd St and 1286 W 39th Pl. While the average home in Los Angeles, CA is selling in 99 days, 1651 La Fayette Rd has a days on market of 37 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1651 La Fayette Rd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1651 La Fayette Rd

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
1,560
Lot Size
4,974
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5071-009-052

The source for these homes facts are from public records.

90019 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.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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(714) 706-1823

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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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