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1939 Estrella Ave, Los Angeles, CA 90007
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1939 Estrella Ave Los Angeles, CA 90007

$900,000 Sold Price as of 11/13/2020
  • 12 Beds
  • 4 Baths
  • 5,384 Sq.Ft.
Sold
$900,000 Sold Price as of 11/13/2020 Refinance Your Mortgage
Map preview of 1939 Estrella Ave, Los Angeles, CA 90007

Property Overview: 1939 Estrella Ave Los Angeles, CA has 12 bedrooms, 4 bathrooms, 5,384 living square feet and 6,220 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCELLENT VALUE-ADD FOURPLEX AVAILABLE IN UNIVERSITY PARK. 4 spacious units. Each single-level unit is over 1300 sf and has 3 bedrooms, 1 bath, separate living room, individual water heater and private patio/balcony area. There are 8 uncovered parking spaces, and tenants pay gas, electricity, and trash. The subject property is 100% occupied. HUGE UPSIDE POTENTIAL IN RENTS. Major repairs recently completed: new roof installed March 2019 and tree trimming completed March 2020. Centrally located near USC and Downtown LA.

Listed by Caroline Gim | BRE #01366389 | Expert Real Estate
Co-listed by Aurora Gim | BRE #00899718 | Expert Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 76

Home details

Lot Sq. Ft
6,220
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20075294
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: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,026
  • Total Rent: $1,026
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,124
  • Total Rent: $1,124
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,485
  • Total Rent: $1,485
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,485
  • Total Rent: $1,485
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,440
  • Net Operating Income: $45,304
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,136
  • Licenses: $272
  • New Taxes: $11,562
  • Trash: $0
  • Gardener: $780
  • Insurance: $2,800
  • Water/Sewer: $3,300

Property Details for 1939 Estrella Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
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
  • Has Parking
  • Parking Features: Tandem Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5124033024
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Washington Blvd. and 23rd St., off Bonsallo Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1939 Estrella Ave

Last sold for $100,000 on March 2nd, 2021

  • March, 2021

  • Mar 2, 2021

    Date

    Sold (Public Records)

    Public Records

    $100,000

    Price

  • November, 2020

  • Nov 16, 2020

    Date

    Sold

    CRMLS: PW20075294

    $900,000

    Price

  • Jul 17, 2020

    Date

    Pending

    CRMLS: PW20075294

    $925,000

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: PW20075294

    $925,000

    Price

  • November, 2020

  • Nov 12, 2020

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

Show More

Tax History for 1939 Estrella Ave

Assessed Value (2020): $224,748
Year Land Value Improved Value Assessed Value
2020 $97,565 $127,183 $224,748

Home Value Compared to the Market

This property vs the competition

1939 Estrella Ave sold on November 13, 2020 for 17.41% 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 $171.81 per/sqft which puts the price per square foot 76.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1939 Estrella Ave

Detailed summary of property

1939 Estrella Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 12 bedrooms, 4 bathrooms, roughly 5,384 living square feet, and sits on an approximately 6,220 square foot lot. 1939 Estrella Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 17.41% lower than the current median priced home. Local homes that are currently for sale include 1125 S Lake St, 1543 W 22nd Pl and 182 E 35th St. While the average home in Los Angeles, CA is selling in 106 days, 1939 Estrella Ave has a days on market of 76 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 1939 Estrella Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1939 Estrella Ave

Public county record property details
Beds
8
Baths
4
Year built
--
Sq. Ft.
5,408
Lot Size
6,220
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
44
APN
5124-033-024

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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