1744 W 23Rd St, Los Angeles, CA 90018
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1744 W 23Rd St Los Angeles, CA 90018

$1,219,000
  • 5 Beds
  • 3 Baths
  • 3,028 Sq.Ft.
For Sale
$1,219,000 Get Pre-Qualified

Map preview of 1744 W 23Rd St, Los Angeles, CA 90018

Property Overview: 1744 W 23Rd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3,028 living square feet and 6,759 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: In high rental demand neighborhood. Close to USC, Staples Center and Korea Town. Ideal 3 Units of investment property. Front Unit has 3 bedrooms, 1.5 bathrooms, living and dining rooms. And 2 rear bi-level units. Each unit has 1 bedroom and restroom and shower. Kitchen plus breakfast area.

Listed by Hatsey Egziabher | BRE #01278288 | C-West Realty
Co-listed by Carlos Garcia | BRE #01995119 | Boulevard Estate Properties OTB
Last checked: 13 minutes ago | Last updated: August 14th, 2024 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
6,759
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24424515
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,474
  • Total Rent: $3,474
  • Pro Forma/Market Rent: $3,474
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,099
  • Total Rent: $1,099
  • Pro Forma/Market Rent: $1,099
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,055
  • Total Rent: $1,055
  • Pro Forma/Market Rent: $1,055
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 6.15
  • Gross Scheduled Income: --
  • Net Operating Income: $22,556
  • Gross Operating Income: $6,755,640
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1744 W 23Rd St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Trash Compactor
Interior Features
  • Levels: Multi/Split
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s), Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5058027022
  • Foundation Details: Raised
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Adams Blvd and South of Washington Blvd. West of Normandie Avenue.
View more facts & features

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Sale History for 1744 W 23Rd St

Last sold for $1,000,000 on August 17th, 2018
  • August, 2024

  • Aug 6, 2024

    Date

    Active

    CRMLS: 24424515

    $1,219,000

    Price

  • May, 2024

  • May 31, 2024

    Date

    Expired

    CRMLS: 24352579

    $1,100,000

    Price

  • Feb 13, 2024

    Date

    Active

    CRMLS: 24352579

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 17, 2021

    Date

    Active

    CRMLS: 21757044

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Front Unit- 3 bedrooms and 2 bath. Originally, this unit was a duplex. Buyer to verify with proper authorities. Two Rear Units - 1 bed, bath, kitchen and living area. Showing subject to accepted offer.

  • June, 2021

  • Jun 20, 2021

    Date

    Expired

    CRMLS: 20598424

    $1,200,000

    Price

  • Dec 20, 2020

    Date

    Active

    CRMLS: 20598424

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Front Unit is a two-story with 4 bedrooms and two baths at approximately 2,000+ living space. Rear two units are each a 1 bed 1 bath.

  • December, 2020

  • Dec 1, 2020

    Date

    Expired

    CRMLS: 20599280

    $1,200,000

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: 20599280

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Front Unit is two story with 3 bedrooms and two bath at approx. 2,000 plus living space. The two rear units are one bed and one bath each unit.

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20558708

    $1,299,000

    Price

  • Feb 28, 2020

    Date

    Active

    CRMLS: 20558708

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Three units Residential Income. (1) Free standing front Unit is Two Story - has 4 bedrooms and 2 baths, kitchen, laundry room (2) Two units in the rear - ground and second level respectively. Both have 1 bed; 1 bath and kitchen. Combined Building/Living Area of the three units is in excess of what is shown in public record. Buyer to verify. Located near public transportation and SM 10 Freeway. Near, Staples Center, USC, LACMA and Korea Town. The Free Standing Front Unit Possibly was two units - Buyer to verity details and if it could be converted to a duplex. NOTE: Subject property is being sold as three units.

  • September, 2018

  • Sep 7, 2018

    Date

    Sold

    CRMLS: 18378462

    $1,000,000

    Price

  • Sep 1, 2018

    Date

    Pending

    CRMLS: 18378462

    $1,050,000

    Price

  • Aug 22, 2018

    Date

    Active

    CRMLS: 18378462

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    A favorable investment with easy cash flow! This triplex has 2 buildings with a main house in the front and 2 units in the rear building. Front unit has 5 bedrooms with 2 bathrooms. Back building has 1 bed/1bath each unit. Properties are well-kept and well-maintained, looking as alluring as they did when they were remodeled a few years ago. Located conveniently near the freeway, public parks, schools, shopping areas, but still in a peaceful neighborhood. Closed to the Korean town expansion. Drive by only/ Please do not disturb tenants

  • August, 2018

  • Aug 17, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

  • August, 2018

  • Aug 15, 2018

    Date

    Canceled

    CRMLS: 18313284

    $1,050,000

    Price

  • May 24, 2018

    Date

    Pending

    CRMLS: 18313284

    $1,050,000

    Price

  • Feb 13, 2018

    Date

    Active

    CRMLS: 18313284

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    A favorable investment with easy cash flow! This triplex has 2 buildings with a main house in the front and 2 units in the rear building. Front unit has 5 bedrooms with 2 bathrooms. Back building has 1 bed/1bath each unit. Properties are well-kept and well-maintained, looking as alluring as they did when they were remodeled a few years ago. Located conveniently near the freeway, public parks, schools, shopping areas, but still in a peaceful neighborhood. Closed to the Korean town expansion. Drive by only/ Please do not disturb tenants

  • June, 2017

  • Jun 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $812,000

    Price

  • June, 2004

  • Jun 30, 2004

    Date

    Sold

    CRMLS: Y40570

    $475,000

    Price

  • Feb 20, 2004

    Date

    Active

    CRMLS: Y40570

    $512,000

    Price

  • Listing provided courtesy of CRMLS

    Property Shows Well! 2 Seperate Buildings, Easy Access To Everything. Seller Super Motivated To Sell. Title Company Shows 3 Units. Seller Willing To Cooperate With Buyers. Buyers/Agents To Check For Permits.

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Tax History for 1744 W 23Rd St

Assessed Value (2020): $1,020,000
Year Land Value Improved Value Assessed Value
2020 $816,000 $204,000 $1,020,000

Home Value Compared to the Market

This property vs the competition

1744 W 23Rd St is listed 1.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $402.58 per/sqft which puts the price per square foot 47.58% lower than the median price per square foot for the city of Los Angeles.

About 1744 W 23Rd St

Detailed summary of property

1744 W 23Rd St is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 3,028 living square feet, and sits on an approximately 6,759 square foot lot. 1744 W 23Rd St was first listed on ArdentRealEstateGroup.com on August 6, 2024. The homeowner is currently asking $1,219,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 1.58% higher than the median priced home. Local competing homes currently for sale include 3110 Raymond Ave, 1501 S Ardmore Ave and 1459 W 29Th St. While the average home in Los Angeles, CA is selling in 106 days, 1744 W 23Rd St has a days on market of 39 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1744 W 23Rd St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1744 W 23Rd St

Public county record property details
Beds
6
Baths
4
Year built
1963
Sq. Ft.
3,028
Lot Size
6,756
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
68
APN
5058-027-022

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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.