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1954 W Manchester Ave, Los Angeles, CA 90047
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1954 W Manchester Ave Los Angeles, CA 90047

$715,000 Sold Price as of 02/01/2021
  • 6 Beds
  • 3 Baths
  • 1,920 Sq.Ft.
Sold
$715,000 Sold Price as of 02/01/2021 Refinance Your Mortgage
Map preview of 1954 W Manchester Ave, Los Angeles, CA 90047

Property Overview: 1954 W Manchester Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,920 living square feet and 5,130 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity, Three beautiful units on southwest area centrally located. This Triplex has a huge potential income opportunity. Each units is well maintained with new electrical panels, Copper plumbing and Central AC/Heating. These units are located near by restaurants, grocery stores, parks, the new SoFi Stadium, Hospitals and more. Property is being sold As-Is.

Listed by HECTOR RUIZ | BRE #01222299 | REAL ESTATE EXECUTIVES
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,130
HOA Dues
$0/mo
Year built
1943
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
MB20248657
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,060
  • Total Rent: $24,720
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,202
  • Total Rent: $14,424
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,144
  • Net Operating Income: $36,594
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,550
  • New Taxes: $5,965
  • Trash: $75
  • Insurance: $987

Property Details for 1954 W Manchester Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6036008002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: west Manchester AVE and Gramercy Pl.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1954 W Manchester Ave

Last sold for $715,000 on February 1st, 2021

  • February, 2021

  • Feb 4, 2021

    Date

    Sold

    CRMLS: MB20248657

    $715,000

    Price

  • Jan 12, 2021

    Date

    Pending

    CRMLS: MB20248657

    $714,990

    Price

  • Dec 4, 2020

    Date

    Active

    CRMLS: MB20248657

    $714,990

    Price

  • Dec 1, 2020

    Date

    Coming Soon

    CRMLS: MB20248657

    $714,990

    Price

  • February, 2021

  • Feb 1, 2021

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • August, 2004

  • Aug 19, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1954 W Manchester Ave

Assessed Value (2020): $477,947
Year Land Value Improved Value Assessed Value
2020 $356,869 $121,078 $477,947

Home Value Compared to the Market

This property vs the competition

1954 W Manchester Ave sold on February 1, 2021 for 39.92% lower 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 $372.39 per/sqft which puts the price per square foot 50.68% lower than the current median sale per square foot for the city of Los Angeles.

About 1954 W Manchester Ave

Detailed summary of property

1954 W Manchester Ave is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,920 living square feet, and sits on an approximately 5,130 square foot lot. 1954 W Manchester Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $715,000. 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 39.92% lower than the current median priced home. Local homes that are currently for sale include 1031 W Century Blvd, 940 W 76th St and 9811 S Vermont Ave. While the average home in Los Angeles, CA is selling in 92 days, 1954 W Manchester Ave has a days on market of 17 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1954 W Manchester 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 1954 W Manchester Ave

Public county record property details
Beds
6
Baths
3
Year built
1943
Sq. Ft.
1,920
Lot Size
5,130
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
6036-008-002

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
$765,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
83
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

Thinking of Selling?

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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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