1766 S New England St, Los Angeles, CA 90006
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1766 S New England St Los Angeles, CA 90006

$1,670,000 Sold Price as of 04/22/2022
  • 10 Beds
  • 10 Baths
  • 5,800 Sq.Ft.
Sold
$1,670,000 Sold Price as of 04/22/2022 Refinance Your Mortgage

Map preview of 1766 S New England St, Los Angeles, CA 90006

Property Overview: 1766 S New England St Los Angeles, CA has 10 bedrooms, 10 bathrooms, 5,800 living square feet and 7,945 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Iconic is pleased to present for sale, 1766 New England Street, a 10-unit property located in the Pico-Union submarket. Built in 1958, the property features 10 one-bedroom/one-bath apartments across 5,800 square feet of improvements on 7,945 square feet of land. Utilities are separately metered for electricity and gas. The property is highlighted by the upside opportunity immediately available to an experienced investor who can renovate units as they become vacant to attract to higher paying tenants and focus on cost-saving measures to lower expenses.

Listed by Jefferson Paiz | BRE #02131003 | Iconic Investments
Co-listed by Peter Strauss | BRE #01335696 | Iconic Investments
Last checked: 8 minutes ago | Last updated: April 27th, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,945
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22119885
City
Los Angeles
County
Los Angeles
Time on Site
983 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $909
  • Total Rent: $909
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.91
  • Gross Scheduled Income: --
  • Net Operating Income: $60,974
  • Gross Operating Income: $111,149
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1766 S New England St

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 10
  • Parcel Number: 5056015022
Location / Neighborhood
Location Information
  • Directions: North of the 10 Freeway. Nearing cross streets, Washington Blvd and S Hoover.
View more facts & features

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Sale History for 1766 S New England St

Last sold for $1,670,000 on April 22nd, 2022
  • April, 2022

  • Apr 22, 2022

    Date

    Sold

    CRMLS: 22119885

    $1,670,000

    Price

  • Jan 19, 2022

    Date

    Active

    CRMLS: 22119885

    $1,625,000

    Price

  • March, 1994

  • Mar 2, 1994

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

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Tax History for 1766 S New England St

Assessed Value (2020): $443,209
Year Land Value Improved Value Assessed Value
2020 $271,966 $171,243 $443,209

Home Value Compared to the Market

This property vs the competition

1766 S New England St sold on April 22, 2022 for 45.09% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $280.17 per/sqft which puts the price per square foot 61.3% lower than the current median sale per square foot for the city of Los Angeles.

About 1766 S New England St

Detailed summary of property

1766 S New England St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 5,800 living square feet, and sits on an approximately 7,945 square foot lot. 1766 S New England St was first listed on ArdentRealEstateGroup.com on January 19, 2022. The homeowner sold the property for $1,670,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.09% higher than the current median priced home. Local homes that are currently for sale include 2717 Menlo Ave, 1147 Fedora St and 1455 W 28th St. While the average home in Los Angeles, CA is selling in 106 days, 1766 S New England St has a days on market of 16 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1766 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 1766 S New England St

Public county record property details
Beds
10
Baths
10
Year built
1958
Sq. Ft.
5,800
Lot Size
7,945
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5056-015-022

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
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
31
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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Related Resources to 1766 S New England St

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.