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1745 W Vernon Ave, Los Angeles, CA 90062
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1745 W Vernon Ave Los Angeles, CA 90062

$1,380,000 Sold Price as of 12/04/2019
  • 12 Beds
  • 9 Baths
  • 5,610 Sq.Ft.
Sold
$1,380,000 Sold Price as of 12/04/2019 Refinance Your Mortgage
Map preview of 1745 W Vernon Ave, Los Angeles, CA 90062

Property Overview: 1745 W Vernon Ave Los Angeles, CA has 12 bedrooms, 9 bathrooms, 5,610 living square feet and 5,505 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LIKE NO OTHER, NEIGHBORING PARK HILLS HEIGHTS: Welcome to 1745 W VERNON AVE! (Depicted By Red Map Marker/Green Approximate Property Lines) -- This carefully designed property is 100% 2019 NEW CONSTRUCTION. It is comprised of 3 UNITS ALL VACANT- NO RENT CONTROL: This UNIQUE property consists of 1665 SQFT per unit with 4 bedrooms & 3 bathroom with a full master en-suite including walk-in closet per unit. Amenities include washer & dryer hook-up, central heat system, cable ready, along with a functional design incorporating the family kitchen & common space floor plan. All 3 units are separately metered for Water, Gas and Electrical Meters keeping the operating expenses at a minimum. 3- 1 car garage(s) and 4 additional parking stalls for alley access parking convenience. This property is perfect for any investor looking for a profitable cap rate, whether you're looking for a strong cash flow or an investment that you can owner occupy, search no further. .. this is the one. Property is priced to sell, only 5 minutes to USC Village featuring Trader Joe’s & City Target, LAFC Soccer Stadium, plus just a few miles to LAX and the on-going Souhbay-Inglewood Development’s, LA Rams Football Stadium. Commuters enjoy close proximity to public transportation and all, major freeways, making it easy and convenient for daily commuting. Schedule your showings today, this will sell fast and we welcome your 1031 exchange here! - FRONT & REAR PRIVACY FENCE WILL BE INSTALLED PRIOR TO COE!

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
5,505
HOA Dues
$0/mo
Year built
2019
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
MB19174665
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $18,749
  • Trash: $540
  • Insurance: $1,400

Virtual Tour

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

Property Details for 1745 W Vernon Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5021025028
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Property is Attached
  • Offered With Property: Voucher for 1 stove per unit - total value not to exceed $2,000K
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: BETWEEN WESTERN AND ARLINGTON
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1745 W Vernon Ave

Last sold for $1,380,000 on December 4th, 2019

  • December, 2019

  • Dec 4, 2019

    Date

    Sold

    CRMLS: MB19174665

    $1,380,000

    Price

  • Oct 11, 2019

    Date

    Active Under Contract

    CRMLS: MB19174665

    $1,499,950

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: MB19174665

    $1,499,950

    Price

  • December, 2019

  • Dec 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,380,000

    Price

  • April, 2017

  • Apr 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 1745 W Vernon Ave

Assessed Value (2020): $1,380,000
Year Land Value Improved Value Assessed Value
2020 $960,000 $420,000 $1,380,000

Home Value Compared to the Market

This property vs the competition

1745 W Vernon Ave sold on December 4, 2019 for 42.85% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $267.37 per/sqft which puts the price per square foot 63.77% lower than the current median sale per square foot for the city of Los Angeles.

About 1745 W Vernon Ave

Detailed summary of property

1745 W Vernon Ave is a triplex that recently sold in Los Angeles, CA 90062. This triplex offered 12 bedrooms, 9 bathrooms, roughly 5,610 living square feet, and sits on an approximately 5,505 square foot lot. 1745 W Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,380,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.85% higher than the current median priced home. Local homes that are currently for sale include 4136 Leimert Blvd, 2219 Obama Blvd and 1163 W 38th St. While the average home in Los Angeles, CA is selling in 96 days, 1745 W Vernon Ave has a days on market of 80 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1745 W Vernon 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 1745 W Vernon Ave

Public county record property details
Beds
--
Baths
--
Year built
1990
Sq. Ft.
5,200
Lot Size
5,504
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5021-025-028

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
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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