1837 S Highland Ave, Los Angeles, CA 90019
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1837 S Highland Ave Los Angeles, CA 90019

$1,480,000 Sold Price as of 04/29/2021
  • 7 Beds
  • 5 Baths
  • 2,773 Sq.Ft.
Sold
$1,480,000 Sold Price as of 04/29/2021 Refinance Your Mortgage

Map preview of 1837 S Highland Ave, Los Angeles, CA 90019

Property Overview: 1837 S Highland Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, 2,773 living square feet and 5,617 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Solid price reduction for this immaculate fully renovated Triplex listing in a prime Mid-City location at 1837 S. Highland Avenue, LA 90019. Featuring a fantastic unit mix with two large 3 bedroom 2 bath units & a detached rear 1 bedroom 1 bath unit with 2,773 total rentable SF. Seller will be delivering one unit vacant at closing. This Mid-City property is very well-located in an Opportunity Zone, adjacent to the highly desirable Lafayette Square & Picfair Village neighborhoods in a nice residential pocket. It is close to La Brea & only minutes from the 10 Freeway for ease of access/commuting. The property underwent a complete renovation in 2018 including: new plumbing; electrical; central heat/AC; new roof for front duplex; new soft stucco/paint; washer/dryers & full upgrading of all units interiors. The rear building's roof was also replaced in 2020. This totally turnkey Highland triplex presents a great opportunity both for an owner-user buyer looking to take occupancy themselves + have great rental income to assist with the bulk of their mortgage payments, or for an investor/1031 buyer looking to enjoy strong, stable income with total ease of management and no capital improvements required. Contact us today for more details!

Listed by Matthew Dunfrund | BRE #01785161 | Keller Williams Realty Los Feliz
Last checked: 22 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
5,617
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21702378
City
Los Angeles
County
Los Angeles
Time on Site
1291 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.99
  • Gross Scheduled Income: $93,600
  • Net Operating Income: $65,530
  • Gross Operating Income: $90,792
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1837 S Highland Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Range, Oven
Exterior Features
Exterior Information
  • 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: 2
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5067013009
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Subdivision Name: Tract # 5870 Lot 9 Blk 7
  • Directions: The property is located just east of La Brea & north of Washington Blvd
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Sale History for 1837 S Highland Ave

Last leased for $3,000 on July 23rd, 2021
  • July, 2021

  • Jul 24, 2021

    Date

    Leased

    CRMLS: 21746212

    $3,000

    Price

  • Jul 9, 2021

    Date

    Pending

    CRMLS: 21746212

    $3,000

    Price

  • Jun 24, 2021

    Date

    Price Change

    CRMLS: 21746212

    $3,000

    Price

  • Jun 9, 2021

    Date

    Active

    CRMLS: 21746212

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Charming three bedroom two bath home, this home offers privacy and comfort at the same time. The unit features new paint and an updated kitchen, newer appliances which seamlessly combine elegance with functionality. This unit also features, one private garage parking spot, in-unit laundry, and easy accessibility to the Miracle Mile, the I-10, the Exposition rail line, and all Mid-City has to offer. A large private outdoor patio adds additional entertaining space for the ultimate California lifestyle!

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: 21702378

    $1,480,000

    Price

  • Apr 2, 2021

    Date

    Active Under Contract

    CRMLS: 21702378

    $1,497,000

    Price

  • Mar 22, 2021

    Date

    Price Change

    CRMLS: 21702378

    $1,497,000

    Price

  • Mar 8, 2021

    Date

    Active

    CRMLS: 21702378

    $1,525,000

    Price

  • May, 2020

  • May 1, 2020

    Date

    Expired

    CRMLS: SB20024334

    $1,375,000

    Price

  • Feb 5, 2020

    Date

    Withdrawn

    CRMLS: SB20024334

    $1,375,000

    Price

  • Feb 3, 2020

    Date

    Active

    CRMLS: SB20024334

    $1,375,000

    Price

  • Listing provided courtesy of CRMLS

    Proudly presenting this immaculate fully-renovated Triplex listing in a prime Mid-City location at 1837 S. Highland Avenue, LA 90019. Featuring a fantastic unit mix with two large 3 Bedroom 2 Bath units & a detached rear 1 Bedroom 1 Bath unit with 2,773 total rentable SF. Seller will be delivering one 3+2 unit vacant at closing. This Mid-City property is very well-located adjacent highly desirable Lafayette Square & Picfair Village in a nice residential pocket, but also close to La Brea & minutes from the 10 Freeway for ease of access/commuting. This totally turnkey property presents a great opportunity both for an owner-user buyer looking to take occupancy themselves & have great rental income to assist with the bulk of their mortgage payments, or for an investor/1031 buyer looking to rent that vacant 3+2 unit for a $3,200/mth market rent & enjoy strong gross income of $7,925/mth; $95,100/yr with total ease of mgmt & no capital improvements required. We'll be having Open Houses on Saturday 2/8 & Sunday 2/9 from 12pm-2pm, and then the Seller will be looking to review all offers by 5pm Wednesday 2/12.

  • January, 2020

  • Jan 7, 2020

    Date

    Canceled

    CRMLS: SB19232203

    $1,395,000

    Price

  • Nov 17, 2019

    Date

    Withdrawn

    CRMLS: SB19232203

    $1,395,000

    Price

  • Oct 23, 2019

    Date

    Price Change

    CRMLS: SB19232203

    $1,395,000

    Price

  • Oct 1, 2019

    Date

    Active

    CRMLS: SB19232203

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic value for this immaculate recently renovated Mid-City Triplex at 1837 S. Highland Avenue, LA 90019. Featuring a great unit mix with two large 3 Bedroom 2 Bath units (approx. 1,100sf/unit), and a detached rear 1 Bedroom 1 Bath unit with 2,773 total rentable SF. Seller will be delivering one 3+2 unit vacant at closing so perfect owner-user opportunity! This Mid-City property is very well-located adjacent desirable Lafayette Square & Picfair Village in a nice residential pocket of mostly single-family homes, but also close to La Brea & minutes from the 10 Freeway for ease of access/commuting. This totally turnkey property presents a great opportunity either for an owner-user buyer looking to take occupancy themselves + have $4,725 of current rental income to assist with the bulk of the mortgage payments, or for an investor/1031 buyer looking to rent that vacant 3+2 unit for a $3,200+/mth market rent & enjoy strong gross income of $7,925/mth; $95,100/yr with ease of mgmt & zero capital improvements required.

  • November, 2017

  • Nov 13, 2017

    Date

    Sold

    CRMLS: 99042522

    $183,000

    Price

  • Listing provided courtesy of CRMLS

    3-UNITS, NICE RESIDENTIAL FAMILY BLDG. NEW ROOF, PAINT, EARTHQUAKE PROOF... %%%% SELLER VERY VERY MOTIVATED %%%% ********* FORECLOSURE... SUBMIT OFFER **********

  • June, 2017

  • Jun 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • December, 1999

  • Dec 30, 1999

    Date

    Sold (Public Records)

    Public Records

    $183,000

    Price

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Tax History for 1837 S Highland Ave

Assessed Value (2020): $726,251
Year Land Value Improved Value Assessed Value
2020 $668,561 $57,690 $726,251

Home Value Compared to the Market

This property vs the competition

1837 S Highland Ave sold on April 29, 2021 for 33.66% 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 $539.85 per/sqft which puts the price per square foot 25.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1837 S Highland Ave

Detailed summary of property

1837 S Highland Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 2,773 living square feet, and sits on an approximately 5,617 square foot lot. 1837 S Highland Ave was first listed on ArdentRealEstateGroup.com on March 9, 2021. The homeowner sold the property for $1,480,000. 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 33.66% higher than the current median priced home. Local homes that are currently for sale include 1292-1 S Citrus Ave, 1618 S Burnside Ave and 5317 Dockweiler Pl. While the average home in Los Angeles, CA is selling in 106 days, 1837 S Highland Ave has a days on market of 25 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 1837 S Highland 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 1837 S Highland Ave

Public county record property details
Beds
7
Baths
5
Year built
1940
Sq. Ft.
2,773
Lot Size
5,617
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5067-013-009

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 1837 S Highland 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.