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1912 W 23Rd St, Los Angeles, CA 90018
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1912 W 23Rd St Los Angeles, CA 90018

$1,780,000 Sold Price as of 04/09/2021
  • 10 Beds
  • 8 Baths
  • 4,445 Sq.Ft.
Sold
$1,780,000 Sold Price as of 04/09/2021 Refinance Your Mortgage
Map preview of 1912 W 23Rd St, Los Angeles, CA 90018

Property Overview: 1912 W 23Rd St Los Angeles, CA has 10 bedrooms, 8 bathrooms, 4,445 living square feet and 6,660 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand new construction - No rent control - All units delivered vacant. This newly built, turn-key investment property is situated on a securely gated lot in close proximity to the 10 freeway, public transportation, DTLA and USC campus. 3 large units offer the savvy investor a unique opportunity to rent to students (USC campus less than a mile) or working professionals with roommates, or families. Two separate buildings with a large 2-story front house (1916) 4 bed+3.5 baths (2 bedrooms w/ensuite private bath) open floorplan, brand new kitchen with built-in SS appliances, washer/dryer hookups, front patio area, 2-car garage parking. The rear duplex (1912 & 1914) offers 3 Bed + 2 bath (lower unit) and 3 Bed + 3 bath (upper unit) open floorplans, private W&D hookups, new kitchen w/SS built-in appliances, and 2 open parking spaces each. Separately metered for G&E, tankless water heaters, central heat/AC, private patio areas for each. Strong positive cash flow potential for investors.

Listed by Gary Tani | BRE #00790615 | Coldwell Banker Spectrum
Last checked: 3 minutes ago | Last updated: June 1st, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
6,660
HOA Dues
$0/mo
Year built
2020
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21683868
City
Los Angeles
County
Los Angeles
Time on Site
1211 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.9
  • Gross Scheduled Income: --
  • Net Operating Income: $111,465
  • Gross Operating Income: $146,664
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1912 W 23Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room, Master Bathroom, Center Hall
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Range
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Auto Driveway Gate, Detached Carport, Garage Door Opener, Garage - Two Door, Tandem Garage, Side by Side, Uncovered
Property Information
  • Total # of Units: 3
  • Parcel Number: 5058022037
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Located S of the Santa Monica (10) freeway and North of Adams Blvd; E of Western Ave. From Adams Blvd - 23rd St is accessible from La Salle Ave or Normandie.
View more facts & features

Local Los Angeles Agent

Sale History for 1912 W 23Rd St

Last leased for $4,500 on June 1st, 2022

  • June, 2022

  • Jun 1, 2022

    Date

    Leased

    CRMLS: OC22094030

    $4,500

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: OC22094030

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    This 4 bedrooms, 3.5 bathrooms, 2-story single family residence boasts a modern open floor plan for maximum comfort. The home is nice and bright with abundant sunlight coming through the windows. The open kitchen is equipped with stainless steel Samsung refrigerator, microwave, gas stove, and dishwasher. Casual dining is also available at the breakfast bar. All bedrooms conveniently come with mirrored closets and 2 bedrooms have private en suite bathrooms. Washer and dryer inside the house for easy laundry. Recessed lighting throughout and central AC and heating. 4 spaces for uncovered tandem parking in front of the home inside the gate. Close to all major LA neighborhoods such as Downtown and Koreatown, and the USC campus is less than a mile away. Close proximity to highways 10, 110, and public transportation allow for easy commute.

  • May, 2021

  • May 11, 2021

    Date

    Leased

    CRMLS: OC21067599

    $4,300

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: OC21067599

    $4,300

    Price

  • Apr 2, 2021

    Date

    Coming Soon

    CRMLS: OC21067599

    $4,300

    Price

  • Listing provided courtesy of CRMLS

    Be the first to live in this brand new home in a great location! This 4 bedrooms, 3 bathrooms, 1519 sq.ft. upstairs unit boasts a modern open floor plan for maximum comfort and a private back yard. The home is nice and bright with abundant sunlight coming through the windows. The open kitchen is equipped with brand new stainless steel Samsung refrigerator, microwave, gas stove, and dishwasher. Casual dining is also available at the breakfast bar. All bedrooms conveniently come with mirrored closets. Washer and dryer inside the house for easy laundry. Recessed lighting throughout and central AC and heating. Close to all major LA neighborhoods such as Downtown and Koreatown, and the USC campus is less than a mile away. Close proximity to highways 10, 110, and public transportation allow for easy commute.

  • April, 2021

  • Apr 9, 2021

    Date

    Sold

    CRMLS: 21683868

    $1,780,000

    Price

  • Feb 25, 2021

    Date

    Active Under Contract

    CRMLS: 21683868

    $1,799,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: 21683868

    $1,799,000

    Price

  • Feb 6, 2021

    Date

    Active Under Contract

    CRMLS: 21683868

    $1,799,000

    Price

  • Jan 22, 2021

    Date

    Active

    CRMLS: 21683868

    $1,799,000

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Expired

    CRMLS: RS20216500

    $1,865,000

    Price

  • Dec 28, 2020

    Date

    Withdrawn

    CRMLS: RS20216500

    $1,865,000

    Price

  • Oct 14, 2020

    Date

    Active

    CRMLS: RS20216500

    $1,865,000

    Price

  • Listing provided courtesy of CRMLS

    Ideal 3 units non-rent control! And well suited for a 1031 Exchange opportunity, portfolio property or owner-occupied. Thoughtfully designed ground up/new construction, the contemporary style property consists of 3 large units (house + duplex). House - 2 story, 4 bdrms 3 1/2 baths 2 bdrms include en-suite baths 1,768 sq ft. Rear Duplex includes 2 flats. Upper unit - 3 bdrms 3 baths 2 bdrms include en-suite baths the 3rd bath includes double vanities with a pocket-door separating the vanities from the shower/toilet 1,519 sq ft. Lower unit - 3 bdrms 2 baths featuring 1 main bath the 2nd bath includes double vanities also with a pocket door separating the vanities from the shower/toilet 1,158 sq feet. All 3 units offer open floor plans lots of natural light 9 foot ceilings custom cabinets quartz counter tops stainless steel kitchen appliances recessed pendant & vanity lighting HVAC systems laundry hookups fire sprinklers tankless water heaters private outdoor space per unit. And share plenty of on-site parking including a 2 car attached garage all accessed through an electric security gate. Each home is separately metered for gas & electric. Conveniently located in the Normandie/Adams area of Los Angeles and minutes from Culver City WLA DTLA USC EXPO line major freeways & beaches. All within a great location in a fast-developing neighborhood. Come Work & Invest in a pride of ownership property.

  • November, 2018

  • Nov 1, 2018

    Date

    Sold

    CRMLS: 18359480

    $561,000

    Price

  • Sep 12, 2018

    Date

    Pending

    CRMLS: 18359480

    $575,000

    Price

  • Jun 27, 2018

    Date

    Active

    CRMLS: 18359480

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    FIXER. PROBATE. GREAT LOCATION ! SUBJECT TO COURT CONFIRMATION. House has 3 BDR + 1 BA & sits on a nice size lot. Plenty of room to add on & still have yard space. Property to be sold "AS IS". Seller will NOT make any repairs, termite or retrofitting. NO FHA! No showings until 6/30/18.

  • October, 2018

  • Oct 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $561,000

    Price

Show More

Tax History for 1912 W 23Rd St

Assessed Value (2020): $572,220
Year Land Value Improved Value Assessed Value
2020 $457,776 $114,444 $572,220

Home Value Compared to the Market

This property vs the competition

1912 W 23Rd St sold on April 9, 2021 for 51.18% 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 $404.72 per/sqft which puts the price per square foot 46.39% lower than the current median sale per square foot for the city of Los Angeles.

About 1912 W 23Rd St

Detailed summary of property

1912 W 23Rd St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 4,445 living square feet, and sits on an approximately 6,660 square foot lot. 1912 W 23Rd St was first listed on ArdentRealEstateGroup.com on January 23, 2021. The homeowner sold the property for $1,780,000. 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 51.18% higher than the current median priced home. Local homes that are currently for sale include 1302 W 35th Pl, 1261 W 35th Pl and 1144 S Kingsley Dr. While the average home in Los Angeles, CA is selling in 92 days, 1912 W 23Rd St has a days on market of 33 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 1912 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 1912 W 23Rd St

Public county record property details
Beds
3
Baths
1
Year built
1905
Sq. Ft.
1,336
Lot Size
6,659
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5058-022-037

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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