1758 S New England St Los Angeles, CA 90006

$--

3 Beds
1 Baths
4,494 Sq.Ft.

Off Market

Map preview of 1758 S New England St, Los Angeles, CA 90006

Property Overview: 1758 S New England St Los Angeles, CA has 3 bedrooms, 1 bathrooms, 4,494 living square feet and 7,947 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1758 S New England St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1758 S New England St

View property's historical transactions

November, 2023
Nov 27, 2023

Date

Expired

CRMLS: PW23188218

$1,175,000

Price
Oct 9, 2023

Date

Active

CRMLS: PW23188218

$1,175,000

Price
Listing provided courtesy of CRMLS

Seller is open to Finance this Purchase. Presenting a prime value-add opportunity at 1758 S New England St. A five (5)-unit Pico Union property available for purchase consisting of two separate buildings. The front two-story building features four (4) one-bedroom units, while the rear, freestanding building features one (1) three-bedroom single family home, and secondary property access through a back street alley. Totaling 4,494 of square footage on a sizable 7,947 SF lot, this property offers ample parking space for tenants and the potential for a new owner to develop an ADU. The building has undergone several capital improvements during the current sellers’ time of ownership including: a full electrical upgrade (service, main panel, and sub-panels); copper plumbing (all units); building’s stucco over wood sidings; 28-windows replaced and a new second exit exterior wood stairway was installed for the two-story building. In addition, the front building’s roof was replaced in 2016 and the back house’s roof was replaced in 2022. (Buyer to verify & conduct due diligence). The subject property has a central location within high-growth neighborhoods, an easy commute to DTLA, Los Angeles Convention Center, University of Southern California, Crypto.com Arena, L.A. Live, Banc of California Stadium, and walking distance to numerous Metro rail and bus line stops. While this sub-market draws its tenant's base from the vibrant employment hubs of Downtown Los Angeles, West LA, and Hollywood, a new investor can benefit from re-tenanting this asset to achieve a massive Proforma CAP Rate of over ±8.6% and a low Proforma GRM of ±8.4! (Buyer to verify).

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June, 2023
Jun 1, 2023

Date

Expired

CRMLS: CV23017128

$1,200,000

Price
Feb 1, 2023

Date

Active

CRMLS: CV23017128

$1,200,000

Price
Listing provided courtesy of CRMLS

This downtown apartment building is located in the highly desirable PICO-UNION neighborhood, just steps away from schools, shops, and more. The complex offers a mix of four 1-bed/1-bath and one 3-bed/2-bath units, with two spacious living rooms and long-term tenants. This property offers low-maintenance living and a sense of community. The building is conveniently located near USC, Exposition Park, Crypto Arena & LA Live, and has easy access to downtown and public transportation. Whether you're a student, professional, or family, this apartment complex has everything you need to make the most of city living.

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February, 2022
Feb 26, 2022

Date

Canceled

CRMLS: 22119081

$1,175,000

Price
Jan 16, 2022

Date

Active

CRMLS: 22119081

$1,175,000

Price
Listing provided courtesy of CRMLS

An exciting opportunity to own a classic 5-unit building in Pico Union. The property boasts a large street to alley lot with a beautiful 4-unit building and a single family house in the back. Many upside possibilities. Pico Union, one of L.A.'s oldest neighborhoods, finds itself in the midst of bustling redevelopment and rediscovery today.

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September, 2021
Sep 8, 2021

Date

Active

CRMLS: 21763852

$1,200,000

Price
Sep 4, 2021

Date

Hold

CRMLS: 21763852

$1,200,000

Price
Jul 22, 2021

Date

Active

CRMLS: 21763852

$1,200,000

Price
Listing provided courtesy of CRMLS

The best value-add deal in Pico Union! The property is a 4-unit building and a detached house in the back. There is enough space for Additional Dwelling Units on the large street to alley lot. The area is a stunning time capsule of early Los Angeles with new construction popping between old craftsman homes. Pico Union is blowing up and this is your chance to get in on the action!

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September, 2021
Sep 8, 2021

Date

Active

CRMLS: 21759586

$1,200,000

Price
Sep 4, 2021

Date

Hold

CRMLS: 21759586

$1,200,000

Price
Jul 13, 2021

Date

Active

CRMLS: 21759586

$1,200,000

Price
Listing provided courtesy of CRMLS

The best value-add opportunity in Pico Union! A great price for a 4-unit building and a single family house. Street to alley RD1.5 lot. Pico Union is a stunning neighborhood west of downtown L.A. It is the beginning of Los Angele where people took refuge and built thriving communities. This is a dream opportunity for an investor or an owner user, the area is blowing up!

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Tax History for 1758 S New England St

Assessed Value (2020): $206,158

Year	Land Value	Improved Value	Assessed Value
2020	$86,897	$119,261	$206,158

About 1758 S New England St

Detailed summary of property

1758 S New England St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90006 and is currently off market. This property has 3 bedrooms, 1 bathrooms, roughly 4,494 living square feet, and sits on an approximately 7,947 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Local nearby listings include 1037 Fedora St #303, 2736 W 14th St and 917 S New Hampshire Ave #407. The average home in Los Angeles, CA is selling in 97 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. If you are the homeowner and looking to sell the home at 1758 S New England St 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 1758 S New England St

Public county record property details

Beds: 3
Baths: 1
Year built: --
Sq. Ft.: 4,494
Lot Size: 7,947
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21
APN: 5056-015-021

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

$760,000

Median List Price/Sq.Ft.

$611

Median Sold Price

$630,000

Median Sold Price/Sq.Ft.

$516

Total Inventory

Median Sale to List Price %

90.13%

Avg Days on Market

180

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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(714) 706-1823

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