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1842 W 70Th St, Los Angeles, CA 90047
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1842 W 70Th St Los Angeles, CA 90047

$505,000 Sold Price as of 06/11/2019
  • 3 Beds
  • 3 Baths
  • 2,064 Sq.Ft.
Sold
$505,000 Sold Price as of 06/11/2019 Refinance Your Mortgage
Map preview of 1842 W 70Th St, Los Angeles, CA 90047

Property Overview: 1842 W 70Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,064 living square feet and 5,568 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in Park Hills Heights, this neighborhood is pristine. There is a middle school located a few hundred feet from the property and only minutes from the 110 freeway. This is ideal for a first time investor or live in landlord. The property has upgraded copper plumbing, 2 vehicle car port and green backyard perfect for entertaining. This is must see!

Listed by Abraham Hernandez | BRE #01773826 | Premier Real Estate Broker, In
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,568
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19451070
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,236
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.75%
  • Gross Rent Multiplier: 16.2
  • Gross Scheduled Income: --
  • Net Operating Income: $23,592
  • Gross Operating Income: $31,032
  • Improvements Total: $38,988
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $100

Virtual Tour

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

Property Details for 1842 W 70Th St

Interior Features
Laundry Information
  • Has Laundry
  • Stackable, Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet, Wood
  • Two Masters
Kitchen Information
  • Has Appliances
  • Gas Water Heater, Built-In, Refrigerator, Dishwasher
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Concrete, Driveway - Combination
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6016026022
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Cable Available
Location / Neighborhood
Location Information
  • Directions: Located on W 70th Street Just west of Western Avenue and east of St. Andrews Place.
View more facts & features

Local Los Angeles Agent

Sale History for 1842 W 70Th St

Last sold for $505,000 on June 11th, 2019

  • June, 2019

  • Jun 12, 2019

    Date

    Sold

    CRMLS: 19451070

    $505,000

    Price

  • May 2, 2019

    Date

    Pending

    CRMLS: 19451070

    $499,999

    Price

  • May 1, 2019

    Date

    Hold

    CRMLS: 19451070

    $499,999

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: 19451070

    $499,999

    Price

  • June, 2019

  • Jun 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $505,000

    Price

  • December, 2018

  • Dec 2, 2018

    Date

    Canceled

    CRMLS: 18367206

    $549,900

    Price

  • Jul 24, 2018

    Date

    Active

    CRMLS: 18367206

    $549,900

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own Bungalo Style Duplex (two) 1 bedroom 1 bath units located on a wide, very clean street in a quiet desireable in the heart of South Los Angeles with development potential.. The Owner's unit will be vacant at the close of escrow. Current rent on the the rental unit is reasonable, See Above. Tenant occupied unit will be shown with submitted offer subject to interior inspection, pre-approval letter, & proof of funds, Bedrooms are nice size. Long driveway leads to two car garage. Owner reports garages were never used for car storage but garages accomodate 2 compact cars. Garages have been used for Storage only. Owner indicates Copper Plumbing throughout property. Apprx 7 miles to DTLA, to LAX Airport & to Dockweiler Beach area. Buyers/Buyers agent to use due diligence & verify the accuracy of all information including square footage, permits, & pertaining to this property. Close to the 91 ,105 &, 110 freeways, & the Civic Center close to new Metro Lines.

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Tax History for 1842 W 70Th St

Assessed Value (2020): $515,100
Year Land Value Improved Value Assessed Value
2020 $311,100 $204,000 $515,100

Home Value Compared to the Market

This property vs the competition

1842 W 70Th St sold on June 11, 2019 for 55.36% 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 $242.25 per/sqft which puts the price per square foot 66.54% lower than the current median sale per square foot for the city of Los Angeles.

About 1842 W 70Th St

Detailed summary of property

1842 W 70Th St is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 2,064 living square feet, and sits on an approximately 5,568 square foot lot. 1842 W 70Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $505,000. 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 55.36% lower than the current median priced home. Local homes that are currently for sale include 6017 Wall St, 110 W 48th St and 9500 S Spring St. While the average home in Los Angeles, CA is selling in 106 days, 1842 W 70Th St has a days on market of 8 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 1842 W 70Th St 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 1842 W 70Th St

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
2,064
Lot Size
5,567
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
150
APN
6016-026-022

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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