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1837 W Florence Ave, Los Angeles, CA 90047
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1837 W Florence Ave Los Angeles, CA 90047

$580,000 Sold Price as of 06/23/2020
  • 5 Beds
  • 5 Baths
  • 2,024 Sq.Ft.
Sold
$580,000 Sold Price as of 06/23/2020 Refinance Your Mortgage
Map preview of 1837 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1837 W Florence Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,024 living square feet and 4,996 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment property. Gated 4-Unit, single story property (one unit is a 2-bed/2-bath, three units are 1-bed/1-bath each). Property comes with minimal maintenance. Recent updates include flooring, windows, roof, and paint. Start collecting income right away.

Listed by Ilya Tsipis | BRE #01865830 | Fair Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 144

Home details

Lot Sq. Ft
4,996
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SR19275018
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,110
  • Total Rent: $1,110
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $832
  • Total Rent: $832
  • Pro Forma/Market Rent: $900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $810
  • Total Rent: $810
  • Pro Forma/Market Rent: $850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $806
  • Total Rent: $806
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,696
  • Net Operating Income: $33,964
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,732
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,382
  • Trash: $0
  • Insurance: $2,100
  • Water/Sewer: $2,250

Property Details for 1837 W Florence Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 6016036003
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Cross Streets: (Drive South on) Western Ave and (Turn West on) W. Florence Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1837 W Florence Ave

Last sold for $580,000 on June 23rd, 2020

  • June, 2020

  • Jun 23, 2020

    Date

    Sold

    CRMLS: SR19275018

    $580,000

    Price

  • Jun 10, 2020

    Date

    Pending

    CRMLS: SR19275018

    $610,000

    Price

  • Apr 28, 2020

    Date

    Active Under Contract

    CRMLS: SR19275018

    $610,000

    Price

  • Mar 23, 2020

    Date

    Price Change

    CRMLS: SR19275018

    $610,000

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: SR19275018

    $620,000

    Price

  • Feb 28, 2020

    Date

    Active Under Contract

    CRMLS: SR19275018

    $620,000

    Price

  • Feb 25, 2020

    Date

    Price Change

    CRMLS: SR19275018

    $620,000

    Price

  • Feb 17, 2020

    Date

    Price Change

    CRMLS: SR19275018

    $630,000

    Price

  • Jan 17, 2020

    Date

    Price Change

    CRMLS: SR19275018

    $635,000

    Price

  • Dec 20, 2019

    Date

    Price Change

    CRMLS: SR19275018

    $650,000

    Price

  • Dec 3, 2019

    Date

    Active

    CRMLS: SR19275018

    $675,000

    Price

  • June, 2020

  • Jun 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • February, 2013

  • Feb 13, 2013

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

Show More

Tax History for 1837 W Florence Ave

Assessed Value (2020): $315,269
Year Land Value Improved Value Assessed Value
2020 $247,713 $67,556 $315,269

Home Value Compared to the Market

This property vs the competition

1837 W Florence Ave sold on June 23, 2020 for 45.54% lower 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 $301.38 per/sqft which puts the price per square foot 58.37% lower than the current median sale per square foot for the city of Los Angeles.

About 1837 W Florence Ave

Detailed summary of property

1837 W Florence Ave is a fourplex that recently sold in Los Angeles, CA 90047. This fourplex offered 5 bedrooms, 5 bathrooms, roughly 2,024 living square feet, and sits on an approximately 4,996 square foot lot. 1837 W Florence Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $580,000. 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 45.54% lower than the current median priced home. Local homes that are currently for sale include 1201 W 54th St, 8319 S Hoover St and 606 W 78th St. While the average home in Los Angeles, CA is selling in 106 days, 1837 W Florence Ave has a days on market of 144 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1837 W Florence Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1837 W Florence Ave

Public county record property details
Beds
5
Baths
5
Year built
1952
Sq. Ft.
2,024
Lot Size
4,996
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
6016-036-003

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
98
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

Thinking of Selling?

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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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