1738 Roosevelt Ave, Los Angeles, CA 90006
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1738 Roosevelt Ave Los Angeles, CA 90006

$1,315,000 Sold Price as of 09/02/2021
  • 8 Beds
  • 5 Baths
  • 4,307 Sq.Ft.
Sold
$1,315,000 Sold Price as of 09/02/2021 Refinance Your Mortgage

Map preview of 1738 Roosevelt Ave, Los Angeles, CA 90006

Property Overview: 1738 Roosevelt Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,307 living square feet and 6,006 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained & realistically priced 5-units, upgrades in some units Hardwood floor, new tiles & French Windows, Fenced & gated. In heart of Korea town. Tiled Laundry room. Units have separate electrical and gas meters. Landlord only pays for Water. Front unit is a Townhouse style, 2 bd/1.5ba, 2 story with front yard,excellent for owner user, or higher rent. Very low maintenance. Property is located close to public transportation, banking, markets, restaurants, Hospital and freeway. DRIVE BY ONLY PLEASE, do not disturb Tenants.

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
6,006
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21714392
City
Los Angeles
County
Los Angeles
Time on Site
1150 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,216
  • Total Rent: $2,216
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,507
  • Total Rent: $1,507
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,194
  • Total Rent: $1,194
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,161
  • Total Rent: $1,161
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $93,286
  • Gross Operating Income: $93,286
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $15,737
  • Trash: $1,062
  • Insurance: $4,500
  • Water/Sewer: $4,739

Property Details for 1738 Roosevelt Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood, Laminate
Kitchen Information
  • Has Appliances
  • Disposal
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
  • Has Parking
  • Parking Features: Covered, Uncovered
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 5075027002
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South of Venice Blvd. West of Normandy.
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Sale History for 1738 Roosevelt Ave

Last sold for $1,315,000 on September 2nd, 2021
  • September, 2021

  • Sep 13, 2021

    Date

    Sold

    CRMLS: 21714392

    $1,315,000

    Price

  • Jul 20, 2021

    Date

    Active Under Contract

    CRMLS: 21714392

    $1,259,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: 21714392

    $1,259,000

    Price

  • Jun 15, 2021

    Date

    Hold

    CRMLS: 21714392

    $1,259,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21714392

    $1,259,000

    Price

  • May 30, 2021

    Date

    Pending

    CRMLS: 21714392

    $1,259,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: 21714392

    $1,259,000

    Price

  • May 19, 2021

    Date

    Active Under Contract

    CRMLS: 21714392

    $1,259,000

    Price

  • Apr 16, 2021

    Date

    Active

    CRMLS: 21714392

    $1,259,000

    Price

  • July, 2014

  • Jul 11, 2014

    Date

    Sold (Public Records)

    Public Records

    $896,000

    Price

  • March, 2013

  • Mar 25, 2013

    Date

    Sold (Public Records)

    Public Records

    $743,000

    Price

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Tax History for 1738 Roosevelt Ave

Assessed Value (2020): $984,647
Year Land Value Improved Value Assessed Value
2020 $659,362 $325,285 $984,647

Home Value Compared to the Market

This property vs the competition

1738 Roosevelt Ave sold on September 2, 2021 for 1.18% 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 $292.31 per/sqft which puts the price per square foot 63.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1738 Roosevelt Ave

Detailed summary of property

1738 Roosevelt Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 4,307 living square feet, and sits on an approximately 6,006 square foot lot. 1738 Roosevelt Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,315,000. 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 1.18% lower than the current median priced home. Local homes that are currently for sale include 1674 W 25th St, 1109 S Ardmore Ave and 1126 S Mariposa Ave. While the average home in Los Angeles, CA is selling in 100 days, 1738 Roosevelt Ave has a days on market of 68 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 1738 Roosevelt Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1738 Roosevelt Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,307
Lot Size
6,006
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5075-027-002

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$597
Median Sold Price
$299,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
100%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 1738 Roosevelt 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.