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1823 S Marvin Ave, Los Angeles, CA 90019
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1823 S Marvin Ave Los Angeles, CA 90019

$1,092,400 Sold Price as of 04/28/2022
  • 6 Beds
  • 3 Baths
  • 2,176 Sq.Ft.
Sold
$1,092,400 Sold Price as of 04/28/2022 Refinance Your Mortgage
Map preview of 1823 S Marvin Ave, Los Angeles, CA 90019

Property Overview: 1823 S Marvin Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,176 living square feet and 5,755 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a legal duplex on this quiet and centrally located cul-de-sac. Property features two side by side units each with two bedrooms, private laundry, dining room and one bath. There is a long driveway to accommodate five cars, a double car garage and the backyard. Plenty of room for an ADU. Property is one a few on the street that need some TLC (many of the neighboring homes have been remodeled/restored recently) and also was one of the few duplexes on the street with mainly single-family homes. One of the units is owner occupied and will be delivered vacant. The other is rented at $1509 and subject to RSO. DO NOT DISTURB TENANTS RSO tenant does not use garage.

Listed by Jack Bitton | BRE #01309397 | Power Brokers International
Last checked: 6 minutes ago | Last updated: April 28th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
5,755
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22136751
City
Los Angeles
County
Los Angeles
Time on Site
788 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,529
  • Total Rent: $1,529
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,150
  • Total Rent: $3,150
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.7
  • Gross Scheduled Income: --
  • Net Operating Income: $50,478
  • Gross Operating Income: $50,748
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $100
  • Gardener: $100
  • Insurance: $100
  • Water/Sewer: $100

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1823 S Marvin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Tile, Wood, Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Garage - Two Door
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5064016015
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: N of Washington East of Hauser
View more facts & features

Local Los Angeles Agent

Sale History for 1823 S Marvin Ave

Last sold for $1,092,400 on April 28th, 2022

  • April, 2022

  • Apr 28, 2022

    Date

    Sold

    CRMLS: 22136751

    $1,092,400

    Price

  • Mar 15, 2022

    Date

    Active

    CRMLS: 22136751

    $1,050,000

    Price

  • November, 2017

  • Nov 30, 2017

    Date

    Sold

    CRMLS: DW17126055

    $658,000

    Price

  • Oct 20, 2017

    Date

    Pending

    CRMLS: DW17126055

    $719,000

    Price

  • Sep 8, 2017

    Date

    Active

    CRMLS: DW17126055

    $719,000

    Price

  • Aug 30, 2017

    Date

    Active Under Contract

    CRMLS: DW17126055

    $719,000

    Price

  • Jun 19, 2017

    Date

    Pending

    CRMLS: DW17126055

    $719,000

    Price

  • Jun 5, 2017

    Date

    Active

    CRMLS: DW17126055

    $719,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a legal duplex on this quiet and centrally located cul-de-sac. Property features two side by side units each with two bedrooms, private laundry, dining room and one bath. There is a long driveway to accommodate five cars, a double car garage and the backyard. Property is one a few on the street that need some TLC (many of the neighboring homes have been remodeled/restored recently) and also was one of the few duplexes on the street with mainly single-family homes. One of the units is owner occupied and will be delivered vacant. The other is rented.

  • November, 2017

  • Nov 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $658,000

    Price

  • April, 2004

  • Apr 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

Show More

Tax History for 1823 S Marvin Ave

Assessed Value (2020): $684,583
Year Land Value Improved Value Assessed Value
2020 $416,160 $268,423 $684,583

Home Value Compared to the Market

This property vs the competition

1823 S Marvin Ave sold on April 28, 2022 for 11.76% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $482.54 per/sqft which puts the price per square foot 36.09% lower than the current median sale per square foot for the city of Los Angeles.

About 1823 S Marvin Ave

Detailed summary of property

1823 S Marvin Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,176 living square feet, and sits on an approximately 5,755 square foot lot. 1823 S Marvin Ave was first listed on ArdentRealEstateGroup.com on March 16, 2022. The homeowner sold the property for $1,092,400. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.76% lower than the current median priced home. Local homes that are currently for sale include 2720 S Sycamore Ave, 5161 W Jefferson Blvd and 2824-2826 West View St. While the average home in Los Angeles, CA is selling in 93 days, 1823 S Marvin Ave has a days on market of 14 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1823 S Marvin Ave 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 1823 S Marvin Ave

Public county record property details
Beds
4
Baths
2
Year built
1929
Sq. Ft.
2,176
Lot Size
5,754
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
111
APN
5064-016-015

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1823 S Marvin Ave

1820 S Marvin Ave, Los Angeles, CA 90019
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1820 S Marvin Ave
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1824 S Marvin Ave, Los Angeles, CA 90019
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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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