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1820 Cimarron St, Los Angeles, CA 90019
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1820 Cimarron St Los Angeles, CA 90019

$1,225,000 Sold Price as of 08/15/2019
  • 20 Beds
  • 10 Baths
  • 4,176 Sq.Ft.
Sold
$1,225,000 Sold Price as of 08/15/2019 Refinance Your Mortgage
Map preview of 1820 Cimarron St, Los Angeles, CA 90019

Property Overview: 1820 Cimarron St Los Angeles, CA has 20 bedrooms, 10 bathrooms, 4,176 living square feet and 5,407 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the market. This is a lovely 4 unit building on a quiet residential street in the West Adams District. One unit being delivered vacant.Only 1 garage is being rented by a tenant, so there is plenty of storage. The units have hardwood floors and some updates and the roofing is fairly new. The units have high ceilings and moldings, and the building was recently painted. This is an excellent investment opportunity with upside potential.

Listed by Carole Gillie | BRE #00912938 | Compass
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
5,407
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19466128
City
Los Angeles
County
Los Angeles
Time on Site
1260 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,671
  • Total Rent: $20,852
  • Pro Forma/Market Rent: $20,852
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,226
  • Total Rent: $14,712
  • Pro Forma/Market Rent: $14,712
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,633
  • Total Rent: $19,596
  • Pro Forma/Market Rent: $19,596
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $28,800
  • Pro Forma/Market Rent: $28,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $78,160
  • Gross Operating Income: $83,160
  • Improvements Total: $164,458
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1820 Cimarron St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Other
Property Information
  • Total # of Units: 4
  • Parcel Number: 5073020018
Location / Neighborhood
Location Information
  • Directions: East of Arlington, West of Western North of Washington. West Adams District
View more facts & features

Local Los Angeles Agent

Sale History for 1820 Cimarron St

Last sold for $1,225,000 on August 15th, 2019

  • August, 2019

  • Aug 16, 2019

    Date

    Sold

    CRMLS: 19466128

    $1,225,000

    Price

  • Jul 8, 2019

    Date

    Active Under Contract

    CRMLS: 19466128

    $1,259,000

    Price

  • Jul 4, 2019

    Date

    Price Change

    CRMLS: 19466128

    $1,259,000

    Price

  • Jun 25, 2019

    Date

    Active

    CRMLS: 19466128

    $1,100,000

    Price

  • Jun 2, 2019

    Date

    Pending

    CRMLS: 19466128

    $1,100,000

    Price

  • May 27, 2019

    Date

    Active

    CRMLS: 19466128

    $1,100,000

    Price

  • August, 2019

  • Aug 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

  • March, 2019

  • Mar 13, 2019

    Date

    Expired

    CRMLS: 18385966

    $1,495,000

    Price

  • Mar 5, 2019

    Date

    Withdrawn

    CRMLS: 18385966

    $1,495,000

    Price

  • Sep 13, 2018

    Date

    Active

    CRMLS: 18385966

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    The property consists of four very large 1 bed/1 bath units. The upstairs units are larger than the lower units. Unit #1 (1820) lower is vacant and the owner will deliver it vacant, currently used for Air B&B. These are very tall ceiling, beautiful units on a raised foundation with hardwood floors that could become a legal 2 & 2. Hook ups for laundry and individual water heaters in each unit. Separate gas & electric meters, Owner pays water. 3-car garage with room for at least 2 cars for uncovered parking. Owners have kept property in great condition. Internal pictures are of unit #1 only. This is a great building that could easily become a four unit 1,000 sq/ft+ 2 bed/2 bath units building. Buyer to cooperate with Sellers 1031 Exchange. The Broker does not guarantee the accuracy of the square footage, lot size, permits or other information concerning the conditions or features of the property provided buy the Seller or obtained from public records or other sources. Being SOLD AS-IS.

  • September, 2012

  • Sep 21, 2012

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

Show More

Tax History for 1820 Cimarron St

Assessed Value (2020): $1,225,000
Year Land Value Improved Value Assessed Value
2020 $800,000 $425,000 $1,225,000

Home Value Compared to the Market

This property vs the competition

1820 Cimarron St sold on August 15, 2019 for 11.42% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $301.48 per/sqft which puts the price per square foot 60.02% lower than the current median sale per square foot for the city of Los Angeles.

About 1820 Cimarron St

Detailed summary of property

1820 Cimarron St is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 4,176 living square feet, and sits on an approximately 5,407 square foot lot. 1820 Cimarron St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,225,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.42% higher than the current median priced home. Local homes that are currently for sale include 2242 W 29th St, 2023 W 28th St and 1405 S Bronson Ave. While the average home in Los Angeles, CA is selling in 98 days, 1820 Cimarron St has a days on market of 31 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1820 Cimarron St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1820 Cimarron St

Public county record property details
Beds
8
Baths
4
Year built
1922
Sq. Ft.
4,176
Lot Size
5,406
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5073-020-018

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
71
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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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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