1956 S Corning St, Los Angeles, CA 90034
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1956 S Corning St Los Angeles, CA 90034

$1,435,800 Sold Price as of 09/20/2019
  • 8 Beds
  • 4 Baths
  • 3,077 Sq.Ft.
Sold
$1,435,800 Sold Price as of 09/20/2019 Refinance Your Mortgage

Map preview of 1956 S Corning St, Los Angeles, CA 90034

Property Overview: 1956 S Corning St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,077 living square feet and 6,298 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Drive by only. Please do not disturb tenants. Inspection with accepted offer. Property sold As Is. Laundry hook up in each unit. Separate one car covered garage for each unit with alley access.

Listed by Mary Wall | BRE #00997459 | Gold Star Realty - Encino
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,298
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19485428
City
Los Angeles
County
Los Angeles
Time on Site
1216 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: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.32
  • Gross Scheduled Income: --
  • Net Operating Income: $59,648
  • Gross Operating Income: $76,620
  • Improvements Total: $165,379
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1956 S Corning St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 4302029017
Location / Neighborhood
Location Information
  • Directions: West of La Cienega, South of Pico
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Sale History for 1956 S Corning St

Last sold for $1,436,000 on September 20th, 2019
  • September, 2019

  • Sep 21, 2019

    Date

    Sold

    CRMLS: 19485428

    $1,435,800

    Price

  • Jul 28, 2019

    Date

    Pending

    CRMLS: 19485428

    $1,480,000

    Price

  • Jul 6, 2019

    Date

    Active

    CRMLS: 19485428

    $1,480,000

    Price

  • September, 2019

  • Sep 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,436,000

    Price

  • June, 2015

  • Jun 25, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1956 S Corning St

Assessed Value (2020): $1,436,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $436,000 $1,436,000

Home Value Compared to the Market

This property vs the competition

1956 S Corning St sold on September 20, 2019 for 24.37% 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 $480.99 per/sqft which puts the price per square foot 36.29% lower than the current median sale per square foot for the city of Los Angeles.

About 1956 S Corning St

Detailed summary of property

1956 S Corning St is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,077 living square feet, and sits on an approximately 6,298 square foot lot. 1956 S Corning St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,435,800. 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 24.37% higher than the current median priced home. Local homes that are currently for sale include 1371 Masselin Ave, 1618 S Burnside Ave and 1363 Hauser Blvd. While the average home in Los Angeles, CA is selling in 93 days, 1956 S Corning St has a days on market of 21 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1956 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 1956 S Corning St

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
3,077
Lot Size
6,298
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
284
APN
4302-029-017

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
$1,899,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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Related Resources to 1956 S Corning St

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.