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1844 W 71St St, Los Angeles, CA 90047
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1844 W 71St St Los Angeles, CA 90047

$695,000 Sold Price as of 11/16/2023
  • 5 Beds
  • 4 Baths
  • 2,112 Sq.Ft.
Sold
$695,000 Sold Price as of 11/16/2023 Refinance Your Mortgage
Map preview of 1844 W 71St St, Los Angeles, CA 90047

Property Overview: 1844 W 71St St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,112 living square feet and 5,320 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Investors !! Discover the potential of this charming duplex located in the vibrant Chesterfield Square neighborhood of South Los Angeles. This property offers two separate units - a spacious 2-bedroom, 2-bathroom unit, and a comfortable 3-bedroom, 2-bathroom unit, presenting a fantastic opportunity for homeowners and investors alike. Whether you're looking for a multi-generational living arrangement, rental income, or the chance to live in one unit while earning from the other, this property has you covered. The interior of both units has been freshly painted, giving a bright and inviting atmosphere. The updated wood and laminate flooring adds a touch of warmth to both units, creating a cozy ambiance. This duplex includes a spacious 2-car garage in the back, providing secure storage for your vehicles and additional space for your projects. This property is a "light fixer," allowing you to customize and renovate to your taste while maintaining its excellent bones. A perfect canvas for an ambitious homeowner or investor looking to add value.

Listed by Ekaterina Oganesova | BRE #01804999 | Fair Realty
Last checked: 7 minutes ago | Last updated: January 26th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,320
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
SR23182251
City
Los Angeles
County
Los Angeles
Time on Site
361 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $64,567
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,433
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,433
  • Water/Sewer: $0

Virtual Tour

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Property Details for 1844 W 71St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: One
Exterior Features
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 Faces Rear
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6016036012
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: NORTH OF S Florence Ave, WEST OF W WESTERN
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1844 W 71St St

Last sold for $695,000 on November 16th, 2023

  • November, 2023

  • Nov 16, 2023

    Date

    Sold

    CRMLS: SR23182251

    $695,000

    Price

  • Oct 2, 2023

    Date

    Active

    CRMLS: SR23182251

    $799,000

    Price

  • July, 2015

  • Jul 14, 2015

    Date

    Price Change

    CRMLS: DW15093502

    $430,000

    Price

  • May 2, 2015

    Date

    Price Change

    CRMLS: DW15093502

    $365,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET *2 BED/1 BATH IN EACH UNIT

  • December, 2014

  • Dec 17, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2014

  • Dec 16, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2014

  • Aug 22, 2014

    Date

    Price Change

    CRMLS: DW14177228

    $375,000

    Price

  • Aug 18, 2014

    Date

    Price Change

    CRMLS: DW14177228

    $390,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent property for first time buyers, PRICE JUST LOWERED, Don"t miss out this property will sell soon! good rental Area.Offers must be submitted with proof of income,ficos, and proof funds to close via Email to agents email. subject to interior inspection, Drive by only do not disturb tenants.

  • July, 2014

  • Jul 3, 2014

    Date

    Price Change

    CRMLS: DW14020228

    $375,000

    Price

  • Jan 30, 2014

    Date

    Price Change

    CRMLS: DW14020228

    $175,000

    Price

  • Listing provided courtesy of CRMLS

    Pleasant property, close to shopping center with a nice neighborhood

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Tax History for 1844 W 71St St

Assessed Value (2020): $357,201
Year Land Value Improved Value Assessed Value
2020 $281,432 $75,769 $357,201

Home Value Compared to the Market

This property vs the competition

1844 W 71St St sold on November 16, 2023 for 28.66% 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 $378.31 per/sqft which puts the price per square foot 47.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1844 W 71St St

Detailed summary of property

1844 W 71St St is a duplex that recently sold in Los Angeles, CA 90047. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,112 living square feet, and sits on an approximately 5,320 square foot lot. 1844 W 71St St was first listed on ArdentRealEstateGroup.com on October 3, 2023. The homeowner sold the property for $695,000. 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 28.66% lower than the current median priced home. Local homes that are currently for sale include 1538 W 85th St, 5700 Cimarron St and 1300 W 83rd St. While the average home in Los Angeles, CA is selling in 106 days, 1844 W 71St St has a days on market of 21 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 1844 W 71St 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 1844 W 71St St

Public county record property details
Beds
3
Baths
2
Year built
1928
Sq. Ft.
2,112
Lot Size
5,320
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
6016-036-012

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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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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