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1928 S Garth Ave, Los Angeles, CA 90034
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1928 S Garth Ave Los Angeles, CA 90034

$1,875,000 Sold Price as of 12/17/2020
  • 15 Beds
  • 11 Baths
  • 6,133 Sq.Ft.
Sold
$1,875,000 Sold Price as of 12/17/2020 Refinance Your Mortgage
Map preview of 1928 S Garth Ave, Los Angeles, CA 90034

Property Overview: 1928 S Garth Ave Los Angeles, CA has 15 bedrooms, 11 bathrooms, 6,133 living square feet and 6,304 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this pride of ownership 6-unit apartment building located in the La Cienega Heights area of Los Angeles at 1928 S Garth Ave. This very well-maintained 6,133 sq ft building is situated on a 6,304 sq ft lot. Built-in 1962, this property consists of (5) 3-bed/2-bath, and (1) studio units.

Listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Stephen Takahashi | BRE #01944770 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
6,304
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB20170439
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,616
  • Total Rent: $1,616
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,143
  • Total Rent: $2,143
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,208
  • Total Rent: $2,208
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,079
  • Total Rent: $2,079
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,391
  • Total Rent: $1,391
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $613
  • Total Rent: $613
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.53%
  • Gross Rent Multiplier: 16.58
  • Gross Scheduled Income: $120,600
  • Net Operating Income: $70,569
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $44,001
  • Electric: $4,800
  • Gas/Fuel: $0
  • New Taxes: $25,000
  • Trash: $0
  • Insurance: $2,147
  • Professional Management: $6,030
  • Water/Sewer: $0

Property Details for 1928 S Garth Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 4302032011
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Northbound on La Cienega Blvd turn left on Guthrie Ave then right onto Garth Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1928 S Garth Ave

Last sold for $1,875,000 on December 21st, 2020

  • December, 2020

  • Dec 28, 2020

    Date

    Sold

    CRMLS: SB20170439

    $1,875,000

    Price

  • Oct 29, 2020

    Date

    Pending

    CRMLS: SB20170439

    $2,000,000

    Price

  • Aug 21, 2020

    Date

    Active

    CRMLS: SB20170439

    $2,000,000

    Price

  • December, 2020

  • Dec 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,875,000

    Price

  • January, 2007

  • Jan 17, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1928 S Garth Ave

Assessed Value (2020): $1,139,303
Year Land Value Improved Value Assessed Value
2020 $771,788 $367,515 $1,139,303

Home Value Compared to the Market

This property vs the competition

1928 S Garth Ave sold on December 17, 2020 for 68.07% 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 $326.1 per/sqft which puts the price per square foot 56.81% lower than the current median sale per square foot for the city of Los Angeles.

About 1928 S Garth Ave

Detailed summary of property

1928 S Garth Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 15 bedrooms, 11 bathrooms, roughly 6,133 living square feet, and sits on an approximately 6,304 square foot lot. 1928 S Garth Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,875,000. 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 68.07% higher than the current median priced home. Local homes that are currently for sale include 2000 Clyde Ave, 1132 S Crescent Heights Blvd and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 93 days, 1928 S Garth Ave has a days on market of 69 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 1928 S Garth Ave 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 1928 S Garth Ave

Public county record property details
Beds
15
Baths
11
Year built
1962
Sq. Ft.
6,133
Lot Size
6,304
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
329
APN
4302-032-011

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
$1,899,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
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.

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