1832 Corinth Ave, Los Angeles, CA 90025
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1832 Corinth Ave Los Angeles, CA 90025

$6,250,000 Sold Price as of 06/15/2022
  • 19 Beds
  • 16 Baths
  • 10,153 Sq.Ft.
Sold
$6,250,000 Sold Price as of 06/15/2022 Refinance Your Mortgage

Map preview of 1832 Corinth Ave, Los Angeles, CA 90025

Property Overview: 1832 Corinth Ave Los Angeles, CA has 19 bedrooms, 16 bathrooms, 10,153 living square feet and 11,620 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The 15-unit apartment building features 10,153 square feet of rentable area situated on a 11,620-squarefoot lot. The property is composed of 12 one-bedroom/one-bathroom units, two two-bedroom/two bathroom units and one three-bedroom/two-bathroom unit. In addition the building has been well maintained and offers on-site parking and laundry facilities for tenants.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 12 minutes ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
11,620
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22139573
City
Los Angeles
County
Los Angeles
Time on Site
787 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,815
  • Total Rent: $21,785
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $5,900
  • Pro Forma/Market Rent: $6,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,530
  • Total Rent: $3,530
  • Pro Forma/Market Rent: $4,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.02
  • Gross Scheduled Income: --
  • Net Operating Income: $216,443
  • Gross Operating Income: $375,770
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1832 Corinth Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 15
  • Parcel Number: 4261021025
Location / Neighborhood
Location Information
  • Directions: The property is located in the desirable pocket of the "Westside, " one block from the highly affluent Brentwood neighborhood.
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Sale History for 1832 Corinth Ave

Last sold for $6,250,000 on June 15th, 2022
  • June, 2022

  • Jun 15, 2022

    Date

    Sold

    CRMLS: 22139573

    $6,250,000

    Price

  • Mar 23, 2022

    Date

    Active

    CRMLS: 22139573

    $6,000,000

    Price

  • June, 2014

  • Jun 3, 2014

    Date

    Sold (Public Records)

    Public Records

    $4,235,042

    Price

  • June, 2014

  • Jun 3, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1832 Corinth Ave

Assessed Value (2020): $4,751,552
Year Land Value Improved Value Assessed Value
2020 $3,362,687 $1,388,865 $4,751,552

Home Value Compared to the Market

This property vs the competition

1832 Corinth Ave sold on June 15, 2022 for 404.2% higher 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 $590.96 per/sqft which puts the price per square foot 21.73% lower than the current median sale per square foot for the city of Los Angeles.

About 1832 Corinth Ave

Detailed summary of property

1832 Corinth Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 19 bedrooms, 16 bathrooms, roughly 10,153 living square feet, and sits on an approximately 11,620 square foot lot. 1832 Corinth Ave was first listed on ArdentRealEstateGroup.com on March 24, 2022. The homeowner sold the property for $6,250,000. 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 404.2% higher than the current median priced home. Local homes that are currently for sale include 13907 Vanowen St, 1747 N Kingsley Dr and 1002 N Mariposa Ave. While the average home in Los Angeles, CA is selling in 92 days, 1832 Corinth Ave has a days on market of 14 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1832 Corinth Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1832 Corinth Ave

Public county record property details
Beds
17
Baths
17
Year built
1961
Sq. Ft.
10,153
Lot Size
11,620
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
4261-021-025

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
114
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

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Related Resources to 1832 Corinth 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.