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1932 Park Ave, Los Angeles, CA 90026
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1932 Park Ave Los Angeles, CA 90026

$1,300,000
  • 4 Beds
  • 4 Baths
  • 2,660 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified
Map preview of 1932 Park Ave, Los Angeles, CA 90026

Property Overview: 1932 Park Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,660 living square feet and 6,322 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Location! Location! Location! Charing 4 unit apartment building steps from Echo Park lake and Sunset Blvd dining and nightlife. Each unit is One Bed/Bath. One unit is vacant. Sited on 6,232 SF lot that fronts Park and Bonnie Brae. Current monthly income $6,794. DEVELOPER ALERT! Seller has TOC & CDO approved plans for 14-Unit apartment building and 3 ADU's can be added! Inclusive of the 14 units, (3) units will be affordable [ (2) ELI and (1) VLI ]. Construction documents available, but have not been submitted to plan check. Seller will not deliver RTI. Seller will not relocate existing tenants. Laundry is on site (coin op) and each unit has it's own water heater. OFFERS DUE BY TUESDAY (1/16) BY 5PM.

Listed by Sabina Yi | BRE #01964836 | Keller Williams Beverly Hills
Last checked: 3 minutes ago | Last updated: January 17th, 2024 | Source CRMLS | DOM: 106
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Home details

Lot Sq. Ft
6,322
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24345417
City
Los Angeles
County
Los Angeles
Time on Site
121 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,751
  • Total Rent: $1,751
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,183
  • Total Rent: $1,183
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $860
  • Total Rent: $860
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.6%
  • Gross Rent Multiplier: 15.94
  • Gross Scheduled Income: --
  • Net Operating Income: $60,838
  • Gross Operating Income: $81,528
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1932 Park Ave

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Property Details for 1932 Park Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Lake, City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5404002014
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Park Ave near Sunset Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1932 Park Ave

View property's historical transactions

  • January, 2024

  • Jan 9, 2024

    Date

    Active

    CRMLS: 24345417

    $1,300,000

    Price

Tax History for 1932 Park Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1932 Park Ave is listed 4.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $488.72 per/sqft which puts the price per square foot 36.86% lower than the median price per square foot for the city of Los Angeles.

About 1932 Park Ave

Detailed summary of property

1932 Park Ave is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,660 living square feet, and sits on an approximately 6,322 square foot lot. 1932 Park Ave was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $1,300,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.08% higher than the median priced home. Local competing homes currently for sale include 1804 Echo Park Ave, 1242 Lilac Pl and 1922 Lake Shore Ave. While the average home in Los Angeles, CA is selling in 94 days, 1932 Park Ave has a days on market of 106 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1932 Park Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1932 Park Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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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