167 W Vernon Ave, Los Angeles, CA 90037
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167 W Vernon Ave Los Angeles, CA 90037

$690,000 Sold Price as of 12/22/2020
  • 5 Beds
  • 2 Baths
  • 2,024 Sq.Ft.
Sold
$690,000 Sold Price as of 12/22/2020 Refinance Your Mortgage

Map preview of 167 W Vernon Ave, Los Angeles, CA 90037

Property Overview: 167 W Vernon Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 2,024 living square feet and 5,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MOVE-IN READY DUPLEX in Los Angeles, California. Nicely remodeled single story home sits at the front of the property. The front house has 3 bedrooms and 1 bath, a laundry room, and large living room and kitchen. The rear house is a BRAND NEW CONSTRUCTION. Be the first one to live in it! The rear house has 2 bedrooms, 1 bath and kitchen. The property has a long drive way with plenty of space to park. Both houses have new floors, paint, windows, ceiling fans, and kitchen cabinets. Close to USC, Exposition Park, the Los Angeles Coliseum, and Banc of California stadium. Close to the 110 and 10 freeways, schools, restaurants and stores. You can’t miss out on this special deal in Los Angeles! PLEASE SEE BOTH VIRTUAL TOURS, ONE FOR EACH HOUSE.

Listed by RODDY KOHEI | BRE #01171018 | VICTORIAN REALTY
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 191

Home details

Lot Sq. Ft
5,005
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV20089830
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $48,121
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,879
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,749
  • Trash: $0
  • Insurance: $2,467
  • Water/Sewer: $663

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 167 W Vernon Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Stock Cooperative
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5111011022
  • Year Built Source: See Remarks
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Main ST, West of 43rd Place
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 167 W Vernon Ave

Last sold for $690,000 on December 22nd, 2020
  • December, 2020

  • Dec 23, 2020

    Date

    Sold

    CRMLS: CV20089830

    $690,000

    Price

  • Nov 21, 2020

    Date

    Active Under Contract

    CRMLS: CV20089830

    $699,950

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: CV20089830

    $699,950

    Price

  • Nov 11, 2020

    Date

    Expired

    CRMLS: CV20089830

    $699,950

    Price

  • Nov 6, 2020

    Date

    Price Change

    CRMLS: CV20089830

    $699,950

    Price

  • Sep 25, 2020

    Date

    Price Change

    CRMLS: CV20089830

    $700,000

    Price

  • Jul 14, 2020

    Date

    Active

    CRMLS: CV20089830

    $699,900

    Price

  • Jul 14, 2020

    Date

    Canceled

    CRMLS: CV20089830

    $699,900

    Price

  • May 11, 2020

    Date

    Active

    CRMLS: CV20089830

    $699,900

    Price

  • December, 2020

  • Dec 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

  • October, 2019

  • Oct 8, 2019

    Date

    Sold

    CRMLS: PW19128524

    $380,000

    Price

  • Sep 11, 2019

    Date

    Active Under Contract

    CRMLS: PW19128524

    $360,000

    Price

  • Aug 13, 2019

    Date

    Price Change

    CRMLS: PW19128524

    $360,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: PW19128524

    $400,000

    Price

  • Jul 9, 2019

    Date

    Active Under Contract

    CRMLS: PW19128524

    $400,000

    Price

  • Jun 5, 2019

    Date

    Active

    CRMLS: PW19128524

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    FIXER. An investors delight. 3bd/1ba bring your paint brush. NO COURT CONFIRMATION NEEDED. Close to the 110 fwy and shopping centers. Don't miss out on this great opportunity. This is a large, spacious home and has the potential to be fabulous for a family.

  • October, 2019

  • Oct 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 167 W Vernon Ave

Assessed Value (2020): $380,000
Year Land Value Improved Value Assessed Value
2020 $304,000 $76,000 $380,000

Home Value Compared to the Market

This property vs the competition

167 W Vernon Ave sold on December 22, 2020 for 41.18% 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 $345.83 per/sqft which puts the price per square foot 54.2% lower than the current median sale per square foot for the city of Los Angeles.

About 167 W Vernon Ave

Detailed summary of property

167 W Vernon Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 2,024 living square feet, and sits on an approximately 5,005 square foot lot. 167 W Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $690,000. 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 41.18% lower than the current median priced home. Local homes that are currently for sale include 919 W. 41st Drive, 854 E 50th St and 907 E 50th St. While the average home in Los Angeles, CA is selling in 96 days, 167 W Vernon Ave has a days on market of 191 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 167 W Vernon Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 167 W Vernon Ave

Public county record property details
Beds
3
Baths
1
Year built
1911
Sq. Ft.
1,288
Lot Size
5,004
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
80
APN
5111-011-022

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), 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.