1914 Mellon Ave, Los Angeles, CA 90039
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1914 Mellon Ave Los Angeles, CA 90039

$1,100,018 Sold Price as of 12/30/2021
  • 6 Beds
  • 3 Baths
  • 1,285 Sq.Ft.
Sold
$1,100,018 Sold Price as of 12/30/2021 Refinance Your Mortgage

Map preview of 1914 Mellon Ave, Los Angeles, CA 90039

Property Overview: 1914 Mellon Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,285 living square feet and 5,192 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two Cheerful and Modern Bungalows in East LA! Beautifully nestled on a sizeable 5,184 sqft lot in a highly sought-after community near Echo Park, this property offers an amazing cashflow opportunity for a savvy homebuyer or a seasoned investor. Approaching the residences, you are welcomed by subtly bold color schemes, lovely porches, mature fruit trees, gated entrance, and manicured landscaping. Upon entry to each remodeled 2BR/1BA unit, you discover an openly flowing floorplan, a crisp color palette, richly toned faux wood flooring, tons of natural light, a large living room, and a fully equipped kitchen featuring ample white shaker cabinetry, butcher block countertops, white appliances, a gas range, a refrigerator, recessed lighting, a double stainless-steel sink, and a dining area. Both units each include two abundantly sized bedrooms and a blissful full bathroom with a shower/tub combo and attractive Carrera marble tile. Other features: available parking with paved driveway, central air conditioning/heating, laundry area, only 12-minutes from Downtown Los Angeles, close to shopping, dining, entertainment, Starbucks, I-5, Glendale Freeway, parks, Dodger Stadium, grocery stores, and schools, and much more! Get the rare advantage of a cash flowing property in a highly desirable rental area. Call now to schedule your private tour!

Listed by Peter Jumrukovski | BRE #02079846 | Keller Williams Inglewood
Co-listed by James Scott Suarez | BRE #01433992 | Keller Williams Inglewood
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
5,192
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21106751
City
Los Angeles
County
Los Angeles
Time on Site
913 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1914 Mellon Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator, Gas Range, Oven
Interior Features
  • Recessed Lighting
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5442020008
  • Architectural Style: Bungalow
Location / Neighborhood
Location Information
  • Directions: North of Knox Ave, East of Ripple St, South of Coolidge Ave, and West of Blake Ave
View more facts & features

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Sale History for 1914 Mellon Ave

Last sold for $1,100,018 on December 30th, 2021
  • December, 2021

  • Dec 30, 2021

    Date

    Sold

    CRMLS: 21106751

    $1,100,018

    Price

  • Nov 19, 2021

    Date

    Active

    CRMLS: 21106751

    $999,000

    Price

  • July, 2012

  • Jul 27, 2012

    Date

    Sold (Public Records)

    Public Records

    $286,500

    Price

  • May, 2012

  • May 1, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1914 Mellon Ave

Assessed Value (2020): $532,585
Year Land Value Improved Value Assessed Value
2020 $371,571 $161,014 $532,585

Home Value Compared to the Market

This property vs the competition

1914 Mellon Ave sold on December 30, 2021 for 16.05% 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 $777.43 per/sqft which puts the price per square foot 2.97% higher than the current median sale per square foot for the city of Los Angeles.

About 1914 Mellon Ave

Detailed summary of property

1914 Mellon Ave is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,285 living square feet, and sits on an approximately 5,192 square foot lot. 1914 Mellon Ave was first listed on ArdentRealEstateGroup.com on November 20, 2021. The homeowner sold the property for $1,100,018. 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 16.05% lower than the current median priced home. Local homes that are currently for sale include 3441 Maceo St, 1312 Laveta Terrace and 2620 Idell St. While the average home in Los Angeles, CA is selling in 93 days, 1914 Mellon Ave has a days on market of 11 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1914 Mellon Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1914 Mellon Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,285
Lot Size
5,192
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
215
APN
5442-020-008

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,695,000
Median List Price/Sq.Ft.
$910
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
50
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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Related Resources to 1914 Mellon Ave

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.