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

$1,218,500 Sold Price as of 01/20/2022
  • 4 Beds
  • 3 Baths
  • 1,515 Sq.Ft.
Sold
$1,218,500 Sold Price as of 01/20/2022 Refinance Your Mortgage

Map preview of 1824 S Marvin Ave, Los Angeles, CA 90019

Property Overview: 1824 S Marvin Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,515 living square feet and 5,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two charming, updated units on a single lot towards the end of a quiet cul-de-sac in Mid-City. A beautiful wooden fence and craftsman style gate offers privacy and adds character to the entire property. The front 2BD, 1BA home maintains many of the original architectural details while boasting plenty of modern amenities. The updated kitchen features white shaker cabinets, modern quartz countertops, beautiful tile backsplash, a farmhouse sink and an O'Keefe and Merritt vintage gas stove. Updated bathroom has dual sinks and a separate shower and bath. Both bedrooms have large closets with mirrored doors and plenty of natural light. Dual pane windows, central AC, hardwood floors, and a front-loading washer and dryer in the single-car garage round out the front house. The hardwood floors have just been refinished. The back unit is a beautifully updated 1BD, 1BA unit with full-size kitchen w/ granite countertops, its own washer and dryer, as well as another single-car garage. Two patio spaces, elongated driveway, and enclosed front yard are perfect for children and pets. Approx. 939 sf + 576 sf, buyer to verify. The front home is vacant, while the rear unit is occupied. Great potential for owner-occupied investment. Ideal central location and commutable to almost anywhere in L.A. in ~ 30 min. Walkable to Culver City, West Adams, PicFair Village, and LACMA. Easy to show. Please call Listing Agent before showing the front home. Please do not disturb tenant in rear unit.

Listed by Antonino Patti | BRE #01807201 | Accendo Real Estate
Co-listed by Angella Tai | BRE #01847954 | Accendo Real Estate
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,751
HOA Dues
$0/mo
Year built
1932
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21107521
City
Los Angeles
County
Los Angeles
Time on Site
1025 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,150
  • Total Rent: $3,150
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $42,570
  • Gross Operating Income: $60,600
  • # of Rented Garages: 2
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $1,000
  • Insurance: $100

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Property Details for 1824 S Marvin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Gas Oven, Range Hood
Interior Features
  • Ceiling Fan(s)
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage - Two Door, Driveway, Concrete
Lot Information
  • Lot Features: Front Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 5064013021
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: From the 10 East: Take exit 7B for Fairfax Ave; Continue onto Electric Dr; Turn left onto Washington Blvd; Turn left onto S Marvin Ave; Destination will be on the right. From the 10 East: Take exit 7B toward Fairfax Ave; Merge onto Washington Blvd; Turn left onto S Marvin Ave; Destination will be on the right.
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Sale History for 1824 S Marvin Ave

Last sold for $1,218,500 on January 20th, 2022
  • January, 2022

  • Jan 20, 2022

    Date

    Sold

    CRMLS: 21107521

    $1,218,500

    Price

  • Nov 29, 2021

    Date

    Active

    CRMLS: 21107521

    $1,200,000

    Price

  • February, 2008

  • Feb 1, 2008

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • May, 2004

  • May 24, 2004

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

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Tax History for 1824 S Marvin Ave

Assessed Value (2020): $780,672
Year Land Value Improved Value Assessed Value
2020 $600,519 $180,153 $780,672

Home Value Compared to the Market

This property vs the competition

1824 S Marvin Ave sold on January 20, 2022 for 7.05% 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 $791.42 per/sqft which puts the price per square foot 9.31% higher than the current median sale per square foot for the city of Los Angeles.

About 1824 S Marvin Ave

Detailed summary of property

1824 S Marvin Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,515 living square feet, and sits on an approximately 5,751 square foot lot. 1824 S Marvin Ave was first listed on ArdentRealEstateGroup.com on November 30, 2021. The homeowner sold the property for $1,218,500. 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 7.05% higher than the current median priced home. Local homes that are currently for sale include 2115 S Mansfield Ave, 2729 S Spaulding Ave and 1502 S Redondo Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1824 S Marvin Ave has a days on market of 8 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1824 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 1824 S Marvin Ave

Public county record property details
Beds
3
Baths
2
Year built
1932
Sq. Ft.
1,515
Lot Size
5,751
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
153
APN
5064-013-021

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1824 S Marvin Ave

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.