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1955 Butler Ave, Los Angeles, CA 90025
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1955 Butler Ave Los Angeles, CA 90025

$1,850,000 Sold Price as of 07/12/2023
  • 4 Beds
  • 2 Baths
  • 1,830 Sq.Ft.
Sold
$1,850,000 Sold Price as of 07/12/2023 Refinance Your Mortgage
Map preview of 1955 Butler Ave, Los Angeles, CA 90025

Property Overview: 1955 Butler Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,830 living square feet and 6,947 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vacant Duplex! Prime West L.A. RARE Corner R2 Lot with situated on a lot that spans 6,947 sqft. Bring your developers, architects, and builders! The corner lot is prime for development and allows for easy access for parking without compromising yard space. Currently, there are two vacant units on the lot, each consisting of 2 bedrooms and 1 bathroom. Garge spaces can be converted into an ADU (as a 3rd Unit). The units have good floor plans and each boasts a large outdoor area. The front unit is larger than the rear unit and features an additional room off the 2 car garage. The rear unit has a large yard with a spacious covered patio, surrounded by fruit trees and mature landscaping. The area is rapidly growing, with lots of new shops, restaurants, office spaces, and a large retail mall coming in on Bundy. Many new developments are being built in the area, including many small sub-lot divisions. The property is in a prime location within the desirable and trendy Sawtelle/Japantown neighborhood, and offers easy access to shops, restaurants, the beach, Expo Line, highway access, and all the Westside has to offer.This property won't last long, so don't miss out on this RARE opportunity!

Listed by Raymond A. Lyon | BRE #01875162 | Compass
Last checked: 15 minutes ago | Last updated: July 13th, 2023 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
6,947
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23268789
City
Los Angeles
County
Los Angeles
Time on Site
336 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1955 Butler Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Oven
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Two Door, Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 4261027021
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: West of Sawtelle, North Of Olympic, South Of Santa Monica Blv
View more facts & features

Local Los Angeles Agent

Sale History for 1955 Butler Ave

Last sold for $1,850,000 on July 12th, 2023

  • July, 2023

  • Jul 12, 2023

    Date

    Sold

    CRMLS: 23268789

    $1,850,000

    Price

  • May 10, 2023

    Date

    Active

    CRMLS: 23268789

    $1,995,000

    Price

Tax History for 1955 Butler Ave

Assessed Value (2020): $116,787
Year Land Value Improved Value Assessed Value
2020 $51,309 $65,478 $116,787

Home Value Compared to the Market

This property vs the competition

1955 Butler Ave sold on July 12, 2023 for 59.24% 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 $1035.52 per/sqft which puts the price per square foot 37.15% higher than the current median sale per square foot for the city of Los Angeles.

About 1955 Butler Ave

Detailed summary of property

1955 Butler Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,830 living square feet, and sits on an approximately 6,947 square foot lot. 1955 Butler Ave was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $1,850,000. 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 59.24% higher than the current median priced home. Local homes that are currently for sale include 8664 Cadillac Ave, 1140 S Shenandoah St and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 94 days, 1955 Butler Ave has a days on market of 42 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1955 Butler Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1955 Butler Ave

Public county record property details
Beds
4
Baths
2
Year built
1940
Sq. Ft.
1,830
Lot Size
7,013
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
4261-027-021

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,149,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
105
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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