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1952 S Corning St, Los Angeles, CA 90034
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1952 S Corning St Los Angeles, CA 90034

$1,399,999
  • 8 Beds
  • 4 Baths
  • 3,074 Sq.Ft.
For Sale
$1,399,999 Get Pre-Qualified
Map preview of 1952 S Corning St, Los Angeles, CA 90034

Property Overview: 1952 S Corning St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,074 living square feet and 6,300 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: A rare gem in the heart of Beverlywood. FOUR well-maintained units. ALL are 2 bedroom - 1 bath units. AMAZING OPPORTUNITY FOR DEVELOPERS AND INVESTORS. The building has four spacious 2-bedroom, 1-bathroom units. This home is centrally located in Los Angeles and minutes away from downtown Los Angeles and West LA. This property offers easy access to shopping malls, a variety of restaurants, and shopping centers, ensuring its desirability among potential renters. An opportunity like this is indeed a rare find in the this vibrant area of Los Angeles. This won't stay on the market for long. AMAZING OPPORTUNITY FOR AN INVESTOR AND/OR DEVELOPER!

Listed by Sonam Ali | BRE #01998073 | Sotheby's International Realty
Co-listed by Bita Goodman | BRE #01873432 | Sotheby's International Realty
Last checked: 5 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
6,300
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24348529
City
Los Angeles
County
Los Angeles
Time on Site
101 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $4,587
  • Pro Forma/Market Rent: $1,529
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: --
  • Net Operating Income: $50,200
  • Gross Operating Income: $70,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1952 S Corning St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 4302029016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Venice Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1952 S Corning St

Last sold for $547,000 on January 13th, 2010

  • January, 2024

  • Jan 18, 2024

    Date

    Active

    CRMLS: 24348529

    $1,499,999

    Price

  • August, 2023

  • Aug 2, 2023

    Date

    Canceled

    CRMLS: 23261605

    $1,630,000

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: 23261605

    $1,680,000

    Price

  • Listing provided courtesy of CRMLS

    CHARMING SPANISH 4 PLEX IN WEST LA,JUST CITY OF BEVERLY HILLS BORDER AREA ( BEVERLY WOOD), LOCATED IN BEVERLY WOOD VICINITY. WALK TO BEHIND LA CIENEGA PLAZA,SHOPPING AROUND TARGET,ROSS,LA/FITNESS,SMART&FINAL,CVS,MCDONALD'S. ALSO YOU CAN WALK TO KAISER PERMANENT WEST LOS ANGELES MEDICAL CENTER. ONLY 2.5 MILES TO BEVERLY CENTER. COMPLETED REMODELED IN 2010 AND 2015, INCLUDE ELECTRICITY WIRE. NEW SEWER JUST CHANGED IN 2022, INSTALLED NEW COPER WATER PIPE WITH MAIN WATER SWITCH FOR FAST SERVICE.PROFESSIONAL MAINTENANCE AND REPAIRS. HIGHT DEMAND TENANTS AREA, ORIGINAL TENANTS LIVING THERE OVER 10 YEARS. RECORD SHOWING TOTAL 4 BEDROOMS.BUT CITY OF LOS ANGELES ORIGINAL PERMIT DOCUMENT SHOWED TOTAL 16 ROOMS(ATTACHED). ORIGINAL TENANTS LIVING THERE OVER 10 YEARS.NOW,2 BEDROOM RENTAL AROUND $2700. PAY MONTH IN THIS AREA, PLUS 4 CARS GARAGE CONVERT TO ADU,INVESTMENT NET CAP RATE ABOVE 6%. EXCELLENT INVESTMENT! ALSO, BUYER TO VERIFY WITH CITY ABOUT FOUR CARS DETACH GARGES CONVERT TO ADU,BUYER DUE DILIGENCE ALL PROPERTY INFO INCLUDING SQ.FT.PERMIT ETC. BUYER MUST COOPERATE WITH SELLER 1031 EXCHANGE.

  • January, 2010

  • Jan 13, 2010

    Date

    Sold (Public Records)

    Public Records

    $547,000

    Price

  • November, 2008

  • Nov 12, 2008

    Date

    Sold (Public Records)

    Public Records

    $788,763

    Price

Show More

Tax History for 1952 S Corning St

Assessed Value (2020): $646,051
Year Land Value Improved Value Assessed Value
2020 $472,114 $173,937 $646,051

Home Value Compared to the Market

This property vs the competition

1952 S Corning St is listed 13.27% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $455.43 per/sqft which puts the price per square foot 41.08% lower than the median price per square foot for the city of Los Angeles.

About 1952 S Corning St

Detailed summary of property

1952 S Corning St is a multi family located in Los Angeles, CA 90034 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 3,074 living square feet, and sits on an approximately 6,300 square foot lot. 1952 S Corning St was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $1,399,999 and was originally asking $1,499,999. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.27% higher than the median priced home. Local competing homes currently for sale include 1636 S Ridgeley Dr, 5346 Smiley Dr and 1371 Masselin Ave. While the average home in Los Angeles, CA is selling in 96 days, 1952 S Corning St has a days on market of 94 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1952 S Corning St 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 1952 S Corning St

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
3,074
Lot Size
6,298
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
283
APN
4302-029-016

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
$1,849,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,000
Median Sold Price/Sq.Ft.
$1,017
Total Inventory
47
Median Sale to List Price %
99.17%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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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