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1851 Lobdell Pl, Los Angeles, CA 90026
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1851 Lobdell Pl Los Angeles, CA 90026

$2,800,000 Sold Price as of 07/06/2022
  • 7 Beds
  • 6 Baths
  • 3,445 Sq.Ft.
Sold
$2,800,000 Sold Price as of 07/06/2022 Refinance Your Mortgage
Map preview of 1851 Lobdell Pl, Los Angeles, CA 90026

Property Overview: 1851 Lobdell Pl Los Angeles, CA has 7 bedrooms, 6 bathrooms, 3,445 living square feet and 6,336 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Impeccably updated duplex and a masterfully designed stand-alone third unit located in the hills of prime Echo Park. Private and gated from the street, this gorgeous property is completely vacant and not subject to rent control! A front pergola, framed by two magenta bougainvillea, is perched above a built-in dining area with mature landscaping and numerous potted plants. The front building is comprised of two up/down units with open floor plans, updated kitchens and baths, high-end appliances and in-unit laundry. The patio off the lower unit features Thermory wood decking with built-in seating, a smartly integrated tool shed and raised veggie garden. At the rear of the property is a striking architectural home with views. Recently built, this home is accentuated by polished concrete floors, walls of glass and accordion doors that fold away to open an entire corner of the living space. Stroll out to a meticulous patio and take a dip in the built-in spa. A bath with steam shower is located on the main floor with a lofted bedroom, bath with soaking tub and balcony on the second level. Gated parking with automatic opened for up to 6 cars! Expertly updated and lovingly maintained, this property is full of possibilities: live in one and rent the others, enjoy strong long-term rents from all units, or offer them as furnished short term rentals, as the current owners have. Truly plug-and-play, this property is one of a kind!

Listed by Alyssa Valentine | BRE #01517618 | Compass
Co-listed by Kurt Wisner | BRE #01431217 | Compass
Last checked: 6 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,336
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22157681
City
Los Angeles
County
Los Angeles
Time on Site
731 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.88
  • Gross Scheduled Income: --
  • Net Operating Income: $216,000
  • Gross Operating Income: $216,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1851 Lobdell Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Exterior Features
Exterior Information
  • Other Structures: Shed(s), Gazebo
  • Has Spa
  • Spa Features: In Ground, Heated
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Gated, Auto Driveway Gate, Driveway
Property Information
  • Has View
  • View: Hills, City Lights
  • Total # of Units: 3
  • Parcel Number: 5420002005
Location / Neighborhood
Location Information
  • Directions: North of Effie, East of Alvarado
View more facts & features

Local Los Angeles Agent

Sale History for 1851 Lobdell Pl

Last sold for $2,800,000 on July 6th, 2022

  • July, 2022

  • Jul 6, 2022

    Date

    Sold

    CRMLS: 22157681

    $2,800,000

    Price

  • May 19, 2022

    Date

    Active

    CRMLS: 22157681

    $2,350,000

    Price

  • April, 2014

  • Apr 25, 2014

    Date

    Sold (Public Records)

    Public Records

    $799,000

    Price

  • April, 2006

  • Apr 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $729,000

    Price

Show More

Tax History for 1851 Lobdell Pl

Assessed Value (2020): $1,061,159
Year Land Value Improved Value Assessed Value
2020 $703,594 $357,565 $1,061,159

Home Value Compared to the Market

This property vs the competition

1851 Lobdell Pl sold on July 6, 2022 for 97.48% 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 $682.15 per/sqft which puts the price per square foot 9.65% lower than the current median sale per square foot for the city of Los Angeles.

About 1851 Lobdell Pl

Detailed summary of property

1851 Lobdell Pl is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,445 living square feet, and sits on an approximately 6,336 square foot lot. 1851 Lobdell Pl was first listed on ArdentRealEstateGroup.com on May 19, 2022. The homeowner sold the property for $2,800,000. 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 97.48% higher than the current median priced home. Local homes that are currently for sale include 3623 Monon St, 2021 Miramar St and 3522 Bellevue Ave. While the average home in Los Angeles, CA is selling in 92 days, 1851 Lobdell Pl has a days on market of 18 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 1851 Lobdell Pl Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1851 Lobdell Pl

Public county record property details
Beds
2
Baths
2
Year built
1989
Sq. Ft.
2,584
Lot Size
6,336
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5420-002-005

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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