1750 Purdue Ave, Los Angeles, CA 90025
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1750 Purdue Ave Los Angeles, CA 90025

$2,695,000
  • 6 Beds
  • 8 Baths
  • 3,630 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified

Map preview of 1750 Purdue Ave, Los Angeles, CA 90025

Property Overview: 1750 Purdue Ave Los Angeles, CA has 6 bedrooms, 8 bathrooms, 3,630 living square feet and 4,410 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: Prime Sawtelle neighborhood 7 unit apartment building located in the heart of West Los Angeles with easy access to the freeways, UCLA and Santa Monica College. Fully rented with good, responsible tenants. Building was originally built in the 1940s and then upgraded to a 5 unit in the 1960 and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces and laundry room and machines on site. Low maintenance and upgraded in 2014 to conform to L.A. City's soft story earthquake reinforcement standards. Existing five year $900K mortgage at approximately 3% APR assumable subject to lender fee and qualifications. Showings on accepted offer only. Please do not disturb occupants. Call listing contact for additional information. Buyer to cooperate with Seller's 1031 exchange.

Listed by Orlando Cruz | BRE #01051110 | Brightstone Estate Properties
Last checked: 7 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 27
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Home details

Lot Sq. Ft
4,410
HOA Dues
$0/mo
Year built
1942
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
SR24117208
City
Los Angeles
County
Los Angeles
Time on Site
27 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,189
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,872
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $993
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,071
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,029
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,926
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,758
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $160
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $152,604
  • Net Operating Income: $107,192
  • Gross Operating Income: --
  • Laundry Income: $1,920
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $47,332

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Property Details for 1750 Purdue Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Community
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 7
  • Parcel Number: 4261017015
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected
Location / Neighborhood
Location Information
  • Directions: S of Santa Monica Blvd W of Sawtelle Blvd
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Sale History for 1750 Purdue Ave

Last sold on June 6th, 2016
  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: SR24117208

    $2,695,000

    Price

  • June, 2016

  • Jun 6, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2015

  • Jul 8, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1750 Purdue Ave

Assessed Value (2020): $1,878,018
Year Land Value Improved Value Assessed Value
2020 $1,315,154 $562,864 $1,878,018

Home Value Compared to the Market

This property vs the competition

1750 Purdue Ave is listed 124.58% 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 $773 and this home is listed at $742.42 per/sqft which puts the price per square foot 3.96% lower than the median price per square foot for the city of Los Angeles.

About 1750 Purdue Ave

Detailed summary of property

1750 Purdue Ave is a multi family located in Los Angeles, CA 90025 and is currently for sale. This multi family property offers 6 bedrooms, 8 bathrooms, roughly 3,630 living square feet, and sits on an approximately 4,410 square foot lot. 1750 Purdue Ave was first listed on ArdentRealEstateGroup.com on June 18, 2024. The homeowner is currently asking $2,695,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 124.58% higher than the median priced home. Local competing homes currently for sale include 327 S Western Ave, 4401 Beverly Blvd and 1471 W Martin Luther King Jr Blvd. While the average home in Los Angeles, CA is selling in 101 days, 1750 Purdue Ave has a days on market of 27 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 1750 Purdue Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1750 Purdue Ave

Public county record property details
Beds
6
Baths
6
Year built
1942
Sq. Ft.
3,630
Lot Size
4,409
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
4261-017-015

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$743
Total Inventory
117
Median Sale to List Price %
99.6%
Avg Days on Market
31
Loan Type
Conventional (10.34%), FHA (0%), VA (0%), Cash (13.79%), Other (13.79%)

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Related Resources to 1750 Purdue 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.