1920 Preuss Rd, Los Angeles, CA 90034
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1920 Preuss Rd Los Angeles, CA 90034

$2,750,000 Sold Price as of 07/30/2021
  • 8 Beds
  • 8 Baths
  • 7,188 Sq.Ft.
Sold
$2,750,000 Sold Price as of 07/30/2021 Refinance Your Mortgage

Map preview of 1920 Preuss Rd, Los Angeles, CA 90034

Property Overview: 1920 Preuss Rd Los Angeles, CA has 8 bedrooms, 8 bathrooms, 7,188 living square feet and 8,348 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6 unit immaculate compound located in the Pico-Robertson and Culver City/Beverly Hills adjacent area of Los Angeles. Property consists of 2 separate buildings sited on a 8,348 sq ft lot. Front building is three stories with a 2,200 sq ft home on upper two levels and a lower unit with its own private entrance measured at 950 sq ft. Back building was built in 1971 and is three stories, 4,092 sq ft with 4 units, attached 8 car garage and coin operated laundry room. Property was completely renovated from top to bottom in 2015; no expense spared. Front building was taken down to studs and rebuilt from ground up. Back building - all systems were updated and interiors were renovated with current design trends. Separating the two buildings is a community common area with heated pool and BBQ. Coin operated laundry for back building. Front units have individual interior laundry areas. All units have designated parking spaces. Common area of property is gated with key & code access only. Additional storage area affords potential increase in income or can be used for maintenance storage. Call/email for breakdown of improvements, income/expenses and cap rate.

Listed by Carmen Castillo | BRE #01455326 | Keller Williams R. E. Services
Co-listed by Ben Manibog | BRE #01732976 | Keller Williams R. E. Services
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
8,348
HOA Dues
$0/mo
Year built
1937
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
320006048
City
Los Angeles
County
Los Angeles
Time on Site
1093 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,158
  • Total Rent: $2,158
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,681
  • Total Rent: $2,681
Unit Breakdown 7
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,518
  • Total Rent: $1,518
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 8
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,743
  • Total Rent: $1,743
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 9
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 10
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 11
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 12
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $5,500
  • Total Rent: $5,500
Unit Breakdown 13
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,104
  • Total Rent: $2,104
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $100
  • Laundry Own/Lease: Own
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $210
  • Gas/Fuel: $180
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $257
  • Cable TV: $0
  • Gardener: $150
  • Insurance: $293
  • Maintenance: $299
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $210
  • Other Expenses: $0

Property Details for 1920 Preuss Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas, Fireplace(s), Forced Air, Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet, Individual Room, Stackable, Dryer Included, Washer Included
Fireplace Information
  • Has Fireplace
  • Gas, Circular, Decorative, Raised Hearth, Living Room
Room Information
  • Flooring: Carpet, Tile, Laminate
  • Basement
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Dumbwaiter, Living Room Deck Attached, Storage
  • Levels: One, Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Card/Code Access, Security Lights, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Barbecue Private
  • No Spa
Exterior Features
  • No Pool
  • Pool Features: Community, Fenced, Gas Heat, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Covered, Driveway, Concrete, Garage Door Opener, Gated, Uncovered, Community Structure, Garage, Parking Space, Private, Side by Side, Tandem Covered
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 4302020009
  • Architectural Style: Contemporary, Traditional
  • Foundation Details: Concrete Perimeter, Slab, Raised
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: All outdoor patio furniture and appliances in common areas. All appliances.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: Robertson/Sawyer
  • Road Surface Type: Alley Paved
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Sale History for 1920 Preuss Rd

Last sold for $2,750,000 on July 30th, 2021
  • August, 2021

  • Aug 3, 2021

    Date

    Sold

    CRMLS: 320006048

    $2,750,000

    Price

  • May 31, 2021

    Date

    Active Under Contract

    CRMLS: 320006048

    $2,950,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 320006048

    $2,950,000

    Price

  • May, 2021

  • May 11, 2021

    Date

    Expired

    CRMLS: 320004939

    $2,950,000

    Price

  • Apr 27, 2021

    Date

    Price Change

    CRMLS: 320004939

    $2,950,000

    Price

  • Feb 13, 2021

    Date

    Active

    CRMLS: 320004939

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 9, 2020

    Date

    Expired

    CRMLS: 320002329

    $5,500

    Price

  • Jul 23, 2020

    Date

    Hold

    CRMLS: 320002329

    $5,500

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: 320002329

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Charming 3 bedroom, 3.5 bath unit located in La Cienega Heights/Crestview area of Los Angeles. Large spacious step down living room with fireplace. French sliding door leads to large private rooftop deck with city views and private stairwell to pool/common area. Home is part of a 6 unit complex. Large gourmet Kosher kitchen with stainless steel appliances and over-sized island with granite counter tops. Custom cabinets give tremendous storage capacity. Separate Kosher refrigerator, dishwasher, and sink located in island. The kitchen opens up to spacious dining area. Home has laminate wood flooring that grace the entire first floor and stairs leading to second story. Oversized powder room located on 1st floor. All bedrooms located upstairs. Master Suite contains beautiful master bath complete with over-sized shower, separate steeping tub, his & her vanities, and views of the city. Huge walk in closet. Private Juliet balcony. Remaining bedrooms are good sized each with en suite bathrooms and ample closet space. Front bedroom also has its own private Juliet balcony. All bedrooms and hallway are carpeted. Washer/dryer located upstairs in private closet. Central Air/Heat. Alarm system ready. 2 off street parking spots and private waste/refuse bins.

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Tax History for 1920 Preuss Rd

Assessed Value (2020): $208,718
Year Land Value Improved Value Assessed Value
2020 $49,069 $159,649 $208,718

Home Value Compared to the Market

This property vs the competition

1920 Preuss Rd sold on July 30, 2021 for 147.9% 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 $410.41 per/sqft which puts the price per square foot 45.64% lower than the current median sale per square foot for the city of Los Angeles.

About 1920 Preuss Rd

Detailed summary of property

1920 Preuss Rd is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 7,188 living square feet, and sits on an approximately 8,348 square foot lot. 1920 Preuss Rd was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,750,000. 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 147.9% higher than the current median priced home. Local homes that are currently for sale include 6511 Orange St, 1074 S Genesee Ave and 924 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 93 days, 1920 Preuss Rd has a days on market of 76 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1920 Preuss Rd Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1920 Preuss Rd

Public county record property details
Beds
9
Baths
8
Year built
1937
Sq. Ft.
7,188
Lot Size
8,403
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
47
APN
4302-020-009

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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.