1660 Lemoyne St, Los Angeles, CA 90026
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1660 Lemoyne St Los Angeles, CA 90026

$1,030,000 Sold Price as of 10/27/2023
  • 3 Beds
  • 2 Baths
  • 2,271 Sq.Ft.
Sold
$1,030,000 Sold Price as of 10/27/2023 Refinance Your Mortgage

Map preview of 1660 Lemoyne St, Los Angeles, CA 90026

Property Overview: 1660 Lemoyne St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,271 living square feet and 4,448 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Ideally located Echo Park multifamily property with beautiful mountain views. The 2,271 sq. ft. building consists of a vacant 2 bed/1.5 bath front unit, tenant-occupied studio back unit, and separate upstairs loft. The vacant 1,179 sq. ft., 2 bed/1 bath front unit features a large living room, separate dining room, in-unit washer and dryer, as well as a shaded, private and gated front yard. Upstairs with a separate side entrance there is a 707 sq. ft. loft. The back unit is a 385 sq. ft. studio filled with natural light and its own grassy backyard, perfect for a morning coffee or afternoon read. The unit is rented at $1,450/mo on a month-to-month lease. The driveway is shared by both the front unit and the back unit. The property is located in a quiet neighborhood and within close proximity of Elysian Park Trail, Canyon Coffee, Valerie Echo Park, Bacetti, Lady Byrd Cafe, Modo Yoga and many more of Echo Park's best restaurants, parks, and shops! This is the investment opportunity you've been waiting for!

Listed by Brock Harris | BRE #01328996 | Keller Williams Realty Los Feliz
Co-listed by Lori Harris | BRE #02132297 | Keller Williams Realty Los Feliz
Last checked: 12 minutes ago | Last updated: October 27th, 2023 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
4,448
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23283353
City
Los Angeles
County
Los Angeles
Time on Site
378 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.5
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1660 Lemoyne St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 5419007029
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: www.maps.google.com
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Sale History for 1660 Lemoyne St

Last sold for $1,030,000 on October 27th, 2023
  • October, 2023

  • Oct 27, 2023

    Date

    Sold

    CRMLS: 23283353

    $1,030,000

    Price

  • Jun 23, 2023

    Date

    Active

    CRMLS: 23283353

    $1,195,000

    Price

  • June, 2023

  • Jun 21, 2023

    Date

    Canceled

    CRMLS: 23235627

    $1,100,000

    Price

  • Feb 6, 2023

    Date

    Active

    CRMLS: 23235627

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Ideally-located Echo Park multifamily property with beautiful mountain views. The 2,271 sq. ft. building consists of a 2 bed/1 bath front unit, studio back unit, and separate upstairs loft - all tenant-occupied with $5,475 in current monthly gross rents. The 1,179 sq. ft., 2 bed/1 bath front unit features a large living room, separate dining room, as well as a shaded, private and gated front yard. This unit is rented at $3,307/mo. Upstairs with a separate side entrance there is a 707 sq. ft. loft. The loft is currently rented at $718/mo on a month-to-month lease. The back unit is a 385 sq. ft. studio filled with natural light and its own grassy backyard, perfect for a morning coffee or afternoon read. The unit is currently rented at $1,450/mo on a month-to-month lease. The driveway is currently shared by both the front unit and the back unit. The property is located in a quiet neighborhood and within walking distance of Elysian Park Trail, Canyon Coffee, Valerie Echo Park, Bacetti, Lady Byrd Cafe, Modo Yoga and many more of Echo Parks hottest restaurants, shops, and coffee cafes. PLEASE NOTE: Units will be shown with private showings - the tenant-occupied loft is not available for showing prior to acceptance of offer - please do not disturb the tenants.

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Tax History for 1660 Lemoyne St

Assessed Value (2020): $195,803
Year Land Value Improved Value Assessed Value
2020 $77,134 $118,669 $195,803

Home Value Compared to the Market

This property vs the competition

1660 Lemoyne St sold on October 27, 2023 for 21.59% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $439.89 per/sqft which puts the price per square foot 44.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1660 Lemoyne St

Detailed summary of property

1660 Lemoyne St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2,271 living square feet, and sits on an approximately 4,448 square foot lot. 1660 Lemoyne St was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner sold the property for $1,030,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.59% lower than the current median priced home. Local homes that are currently for sale include 2803 Denby Ave, 2305 W 2nd St and 2733 Council St. While the average home in Los Angeles, CA is selling in 100 days, 1660 Lemoyne St has a days on market of 84 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1660 Lemoyne 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 1660 Lemoyne St

Public county record property details
Beds
5
Baths
4
Year built
1905
Sq. Ft.
2,304
Lot Size
4,447
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5419-007-029

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
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Related Resources to 1660 Lemoyne St

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.