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1923 W Florence Ave, Los Angeles, CA 90047
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1923 W Florence Ave Los Angeles, CA 90047

$879,000 Sold Price as of 02/21/2020
  • 8 Beds
  • 4 Baths
  • 5,440 Sq.Ft.
Sold
$879,000 Sold Price as of 02/21/2020 Refinance Your Mortgage
Map preview of 1923 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1923 W Florence Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,440 living square feet and 4,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Golden Opportunity Quadruplex Building in the City of Los Angeles zip code 90047. Near by the Epic Center of the New Los Angeles Rams Stadium, Hollywood Park Casino, 405 frwy, Centinela Hospital Medical Center and the Los Angeles Airport. This 4 unit building features 2 units downstair and 2 units upstair. All units consist of the same interior layout 2 bedrooms 1 bathroom, nice cozy kitchen area with granite counter tops, good size family room, hardwood flooring, ceiling fans in the bedrooms. Small common area for the laundry inside. 2 Units upstairs special features are the balcony access from the living room and wood staircase access for the back. Parking Detached 4 Car Garage 1space per unit . Each Unit features a separate Electric and gas Meter. Call for more details....... Don't miss this Opportunity It's a golden nugget

Listed by Miguel Castellanos | BRE #01373118 | Re/Max All-Pro
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,998
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR20003402
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,360
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,360
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,360
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,280
  • Net Operating Income: $49,620
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,660
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,845
  • Trash: $2,640
  • Insurance: $1,175
  • Water/Sewer: $6,000

Property Details for 1923 W Florence Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Flooring: Wood
  • All Bedrooms Down, All Bedrooms Up, Family Room, See Remarks
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave, Water Heater
Interior Features
  • Balcony, Ceiling Fan(s), High Ceilings
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: See Remarks
  • Has Fence
  • Block, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6016035003
  • Year Built Source: Assessor
  • Architectural Style: Spanish, Traditional
  • Foundation Details: Concrete Perimeter, See Remarks
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Go South on the 405 frwy Exit Florence Ave and head East pass South Van Ness Ave and look for the property on the lefthand side
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1923 W Florence Ave

Last sold for $879,000 on February 21st, 2020

  • February, 2020

  • Feb 24, 2020

    Date

    Sold

    CRMLS: SR20003402

    $879,000

    Price

  • Jan 15, 2020

    Date

    Pending

    CRMLS: SR20003402

    $899,900

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: SR20003402

    $899,900

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $879,000

    Price

  • June, 2003

  • Jun 26, 2003

    Date

    Sold (Public Records)

    Public Records

    $344,000

    Price

Show More

Tax History for 1923 W Florence Ave

Assessed Value (2020): $455,547
Year Land Value Improved Value Assessed Value
2020 $132,423 $323,124 $455,547

Home Value Compared to the Market

This property vs the competition

1923 W Florence Ave sold on February 21, 2020 for 19.65% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $165.42 per/sqft which puts the price per square foot 77.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1923 W Florence Ave

Detailed summary of property

1923 W Florence Ave is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,440 living square feet, and sits on an approximately 4,998 square foot lot. 1923 W Florence Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $879,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.65% lower than the current median priced home. Local homes that are currently for sale include 5700 Cimarron St, 1300 W 83rd St and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 106 days, 1923 W Florence Ave has a days on market of 8 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1923 W Florence Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1923 W Florence Ave

Public county record property details
Beds
4
Baths
4
Year built
1930
Sq. Ft.
5,440
Lot Size
4,997
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22,23
APN
6016-035-003

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
98
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

Thinking of Selling?

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(714) 706-1823

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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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