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1802 N Western Ave, Los Angeles, CA 90027
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1802 N Western Ave Los Angeles, CA 90027

$2,695,000
  • 10 Beds
  • 10 Baths
  • 6,660 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified
Map preview of 1802 N Western Ave, Los Angeles, CA 90027

Property Overview: 1802 N Western Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 6,660 living square feet and 18,549 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: REDUCED Price Back on Market: Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 3 of the 10 units are not rented and ready for new tenants & new owner to manage at market rent. No onsite laundry. No assigned parking. Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for link to information.

Listed by DEBRAH JOHNSON | BRE #01002611 | WE SELL HOMES REALTY
Last checked: 15 minutes ago | Last updated: March 22nd, 2024 | Source CRMLS | DOM: 309
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Home details

Lot Sq. Ft
18,549
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Apartment
Status
Active
MLS#
IV23011705
City
Los Angeles
County
Los Angeles
Time on Site
464 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 10
  • # of Leased Units: 8
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,350
  • Total Rent: $7,350
  • Pro Forma/Market Rent: $14,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $96,000
  • Net Operating Income: $55,553
  • Gross Operating Income: $96,000
  • Gross Spendable Income: $55,553
Annual Expense Breakdown
  • Total Operating Expense: $40,447
  • Licenses: $500
  • New Taxes: $26,570
  • Trash: $0
  • Insurance: $3,177
  • Professional Management: $0
  • Water/Sewer: $10,200

Open Houses for 1802 N Western Ave

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Property Details for 1802 N Western Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room, Main Floor Bedroom, Utility Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Gas Water Heater
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Chain Link, Security, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None, Street
Lot Information
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 10
  • Parcel Number: 5544007016
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: near intersection of Western & Franklin - eastside of street next to church.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1802 N Western Ave

Last leased for $1,675 on June 2nd, 2022

  • January, 2023

  • Jan 24, 2023

    Date

    Active

    CRMLS: IV23011705

    $3,000,000

    Price

  • January, 2021

  • Jan 23, 2021

    Date

    Price Change

    CRMLS: IV20148459

    $1,675

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: IV20148459

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    This is one of 10 separate bungalows in a private gated community on almost half acre lot. Beautiful 1 bedroom house comes with front yard and porch. A fenced side and small backyard also fenced. Large shade trees line the front walkway through this small community of homes. Built in 1920, but the interior looks like a new home. All new: paint, flooring, electrical, heating, bathroom, kitchen, separate dining room and living room with decorative fireplace. Not showing in pictures: there is a new stove, no refrigerator. All new dual-pane windows throughout and ceiling fans. Good size bedroom with 2 walk-in closets. Bathroom has dual entryways from bedroom and kitchen hallway. Separate utility/storage room between kitchen and back door to outside yard. Much more privacy than living in an apartment and comes with a small yard. NO onsite laundry facilities and NO pets. Unit not set up for washer/dryer. Tenant pays all utilities except water. See supplements for Guidelines to qualify. There is NO ASSIGNED PARKING. ONLY PARKING IS ON PUBLIC STREETS. Western Ave has mostly metered parking and a busy street. Please drive by this area to see if parking situation is acceptable before scheduling a showing.

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Tax History for 1802 N Western Ave

Assessed Value (2020): $268,047
Year Land Value Improved Value Assessed Value
2020 $224,888 $43,159 $268,047

Home Value Compared to the Market

This property vs the competition

1802 N Western Ave is listed 120% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $404.65 per/sqft which puts the price per square foot 47.72% lower than the median price per square foot for the city of Los Angeles.

About 1802 N Western Ave

Detailed summary of property

1802 N Western Ave is a apartment located in Los Angeles, CA 90027 and is currently for sale. This apartment offers 10 bedrooms, 10 bathrooms, roughly 6,660 living square feet, and sits on an approximately 18,549 square foot lot. 1802 N Western Ave was first listed on ArdentRealEstateGroup.com on January 24, 2023. The homeowner is currently asking $2,695,000 and was originally asking $3,000,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 120% higher than the median priced home. Local competing homes currently for sale include 5017 Institute Pl, 1129 Lodi Pl and 2640 N Beachwood Dr. While the average home in Los Angeles, CA is selling in 96 days, 1802 N Western Ave has a days on market of 309 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1802 N Western Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1802 N Western Ave

Public county record property details
Beds
10
Baths
10
Year built
1920
Sq. Ft.
6,660
Lot Size
18,548
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1-3
APN
5544-007-016

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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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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