1740 Leighton Ave, Los Angeles, CA 90062
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1740 Leighton Ave Los Angeles, CA 90062

$825,000 Sold Price as of 04/30/2024
  • 8 Beds
  • 5 Baths
  • 2,288 Sq.Ft.
Sold
$825,000 Sold Price as of 04/30/2024 Refinance Your Mortgage

Map preview of 1740 Leighton Ave, Los Angeles, CA 90062

Property Overview: 1740 Leighton Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,288 living square feet and 5,982 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic two-story duplex with incredible potential! The bottom unit has recently been remodeled and move in ready! Meanwhile, the upper unit is already tenant occupied, ensuring instant income for you. With garages for three vehicles and a spacious driveway for extra parking convenience, this property offers ample space for all your needs. Plus, enjoy the vast rear yard, perfect for expansion opportunities or creating your own outdoor oasis. Located just minutes away from USC, this prime location adds unbeatable value to this investment opportunity. Don't miss out on this chance to own a lucrative property in a highly desirable area!

Listed by Richard Schulman | BRE #01427211 | KW Advisors
Co-listed by Daniel Lipshutz | BRE #02115020 | KW Advisors
Last checked: 8 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
5,982
HOA Dues
$0/mo
Year built
1922
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
24367371
City
Los Angeles
County
Los Angeles
Time on Site
104 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1740 Leighton Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, In Kitchen, In Closet
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
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 Garage Spaces: 3
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway, Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5035010009
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of S Western Ave, North of W Martin Luther King Jr. Blvd
View more facts & features

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Sale History for 1740 Leighton Ave

Last sold for $825,000 on April 30th, 2024
  • April, 2024

  • Apr 30, 2024

    Date

    Sold

    CRMLS: 24367371

    $825,000

    Price

  • Mar 20, 2024

    Date

    Active

    CRMLS: 24367371

    $799,000

    Price

  • November, 2023

  • Nov 21, 2023

    Date

    Expired

    CRMLS: 23292551

    $950,000

    Price

  • Jul 19, 2023

    Date

    Active

    CRMLS: 23292551

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Two story duplex. Bottom unit vacant. Upper unit currently tenant occupied. Garages for 3 vehicles. Long driveway for additional parking. Large rear yard with room for expansion. Minutes to USC.

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Tax History for 1740 Leighton Ave

Assessed Value (2020): $45,671
Year Land Value Improved Value Assessed Value
2020 $18,351 $27,320 $45,671

Home Value Compared to the Market

This property vs the competition

1740 Leighton Ave sold on April 30, 2024 for 29.29% 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 $349.21 per/sqft which puts the price per square foot 53.69% lower than the current median sale per square foot for the city of Los Angeles.

About 1740 Leighton Ave

Detailed summary of property

1740 Leighton Ave is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 2,288 living square feet, and sits on an approximately 5,982 square foot lot. 1740 Leighton Ave was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner sold the property for $825,000. 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 29.29% lower than the current median priced home. Local homes that are currently for sale include 5302 S Manhattan Pl, 1632 W 52nd St and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 99 days, 1740 Leighton Ave has a days on market of 16 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 1740 Leighton Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1740 Leighton Ave

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,288
Lot Size
5,980
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
5035-010-009

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$875,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
36
Median Sale to List Price %
94.12%
Avg Days on Market
22
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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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.