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1889 W 23Rd St, Los Angeles, CA 90018
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1889 W 23Rd St Los Angeles, CA 90018

$1,110,000 Sold Price as of 04/01/2022
  • 5 Beds
  • 4 Baths
  • 2,652 Sq.Ft.
Sold
$1,110,000 Sold Price as of 04/01/2022 Refinance Your Mortgage
Map preview of 1889 W 23Rd St, Los Angeles, CA 90018

Property Overview: 1889 W 23Rd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,652 living square feet and 6,651 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the Southern part of Los Angeles, this property is in the lovely neighborhood of Adams-Normandie! It has easy access to freeways, near the USC area, and is minutes away from Downtown LA! 1889 W 23rd St is a 2,652 square foot Fourplex home on a 6,651 square foot lot, consisting of 5 bedrooms and 4 bathrooms. This property also entails large windows throughout home, providing you with plenty of lighting. Large backyard has a carport with assigned parking spaces for each of the units. Live in the 2 bed/1 bath modern finish remodeled home, as this unit will be delivered vacant. Many improvements have been done to the property and is ready for its next investor or first-time home buyer! Such improvements pertain to new exterior walls and stucco, New windows, New roof, New interior and exterior plumbing, New electrical in some units, New stairs via backway. This property entails a large front yard space for your greeneries and a driveway on the side for your parking space.

Listed by Maria Sarmiento | BRE #01837686 | Keller Williams Pasadena Mrkt
Last checked: 7 minutes ago | Last updated: November 28th, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,651
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22125813
City
Los Angeles
County
Los Angeles
Time on Site
829 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $831
  • Total Rent: $831
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $780
  • Total Rent: $780
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $864
  • Total Rent: $864
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 37
  • Gross Scheduled Income: --
  • Net Operating Income: $9,800
  • Gross Operating Income: $29,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1889 W 23Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Common Roof
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5058023003
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Off 10 Fwy, Take Exit towards Normandie Ave., Right on W 23rd St.
View more facts & features

Local Los Angeles Agent

Sale History for 1889 W 23Rd St

Last sold for $1,110,000 on April 1st, 2022

  • April, 2022

  • Apr 1, 2022

    Date

    Sold

    CRMLS: 22125813

    $1,110,000

    Price

  • Feb 8, 2022

    Date

    Active

    CRMLS: 22125813

    $1,100,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Canceled

    CRMLS: 20575482

    $1,100,000

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: 20575482

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Investment opportunity In West Adams 4 plex with potential to become 6 units total. Live in vacant remodeled unit 2 bed 1 bath and rent out the others. Only minutes away from USC area. All units have separate gas and electric meters. Easy access to freeways.

  • August, 2019

  • Aug 27, 2019

    Date

    Canceled

    CRMLS: 18410762

    $799,000

    Price

  • Jan 21, 2019

    Date

    Pending

    CRMLS: 18410762

    $799,000

    Price

  • Nov 28, 2018

    Date

    Active

    CRMLS: 18410762

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Great income producing property in the center of booming area in mid city/West Adams area. Craftsman style home on a large lot. Each unit with assigned carport. Centrally located near major freeways shops and just minutes away from USC and Downtown LA.

  • June, 2019

  • Jun 4, 2019

    Date

    Canceled

    CRMLS: 19457016

    $800,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: 19457016

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 1889 W 23rd St. Newly painted, this four unit has stable cash flow in an attractive area with strong upside in rental income . Each unit being one bedroom and one bathroom with carports in the rear for tenant parking need. Such close proximity to USC makes this an ideal opportunity for an investor looking to capitalize on the strong rental market or an owner/user looking for steady income. Just two miles from such a popular and thriving college, two miles from Koreatown as well, and easy access to the 10 freeway for access to downtown LA or even Santa Monica. East of Mid City - this building is surrounded by all of LA's finest entertainment scenes. Do not miss out on this excellent opportunity!

  • May, 2019

  • May 20, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2018

  • Feb 13, 2018

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

Show More

Tax History for 1889 W 23Rd St

Assessed Value (2020): $734,400
Year Land Value Improved Value Assessed Value
2020 $550,800 $183,600 $734,400

Home Value Compared to the Market

This property vs the competition

1889 W 23Rd St sold on April 1, 2022 for 7.56% lower 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 $414.78 per/sqft which puts the price per square foot 45.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1889 W 23Rd St

Detailed summary of property

1889 W 23Rd St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,652 living square feet, and sits on an approximately 6,651 square foot lot. 1889 W 23Rd St was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $1,110,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 1543 W 22nd Pl, 1719 W 35th St and 1492 W 35th Pl. While the average home in Los Angeles, CA is selling in 92 days, 1889 W 23Rd St has a days on market of 6 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 1889 W 23Rd St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1889 W 23Rd St

Public county record property details
Beds
4
Baths
4
Year built
1914
Sq. Ft.
2,652
Lot Size
6,650
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5058-023-003

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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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