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1960 S Holt Ave, Los Angeles, CA 90034
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1960 S Holt Ave Los Angeles, CA 90034

$4,329,500 Sold Price as of 12/30/2021
  • 21 Beds
  • 20 Baths
  • 12,209 Sq.Ft.
Sold
$4,329,500 Sold Price as of 12/30/2021 Refinance Your Mortgage
Map preview of 1960 S Holt Ave, Los Angeles, CA 90034

Property Overview: 1960 S Holt Ave Los Angeles, CA has 21 bedrooms, 20 bathrooms, 12,209 living square feet and 12,611 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Lido Apartments is located in the La Cienga Heights neighborhood of Los Angeles. This location enjoys easy access to transportation, employment, shopping, dining and entertainment. With a high walk score of 81, most of these amenities are within walking distance. The property is very well maintained with several major items being completed in recent years including seismic retrofit and a new central water heater. Nine (60%) of the units have already been renovated, which will enable a new owner to create value by renovating interiors on turn overs and significantly raise rents.

Listed by Grant Hahn | BRE #01197893 | Morgan Skenderian
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
12,611
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21214624
City
Los Angeles
County
Los Angeles
Time on Site
958 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,193
  • Total Rent: $14,193
  • Pro Forma/Market Rent: $18,950
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,225
  • Total Rent: $7,225
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,895
  • Total Rent: $2,985
  • Pro Forma/Market Rent: $2,895
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 14.9
  • Gross Scheduled Income: $300,432
  • Net Operating Income: $180,720
  • Gross Operating Income: $291,419
  • Vacancy Allowance: $9,013
Annual Expense Breakdown
  • Total Operating Expense: $110,699
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $4,413
  • Professional Management: $5,000
  • Water/Sewer: $0

Property Details for 1960 S Holt Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 15
  • Parcel Number: 4302028034
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of South Holt Ave. and North of Guthrie Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1960 S Holt Ave

Last sold for $4,329,500 on December 30th, 2021

  • September, 2021

  • Sep 28, 2021

    Date

    Active

    CRMLS: PW21214624

    $4,695,000

    Price

  • February, 2021

  • Feb 5, 2021

    Date

    Expired

    CRMLS: PW20156214

    $4,695,000

    Price

  • Feb 2, 2021

    Date

    Hold

    CRMLS: PW20156214

    $4,695,000

    Price

  • Sep 29, 2020

    Date

    Price Change

    CRMLS: PW20156214

    $4,695,000

    Price

  • Aug 4, 2020

    Date

    Active

    CRMLS: PW20156214

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2012

  • Nov 2, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,900,019

    Price

Show More

Tax History for 1960 S Holt Ave

Assessed Value (2020): $2,139,365
Year Land Value Improved Value Assessed Value
2020 $1,604,525 $534,840 $2,139,365

Home Value Compared to the Market

This property vs the competition

1960 S Holt Ave sold on December 30, 2021 for 277.73% 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 $368.17 per/sqft which puts the price per square foot 51.24% lower than the current median sale per square foot for the city of Los Angeles.

About 1960 S Holt Ave

Detailed summary of property

1960 S Holt Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 21 bedrooms, 20 bathrooms, roughly 12,209 living square feet, and sits on an approximately 12,611 square foot lot. 1960 S Holt Ave was first listed on ArdentRealEstateGroup.com on September 28, 2021. The homeowner sold the property for $4,329,500. 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 277.73% higher than the current median priced home. Local homes that are currently for sale include 930 S Mansfield Ave, 1833 Benecia Ave and 4522 W 17th St. While the average home in Los Angeles, CA is selling in 93 days, 1960 S Holt Ave has a days on market of 52 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 1960 S Holt Ave 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 1960 S Holt Ave

Public county record property details
Beds
--
Baths
20
Year built
1963
Sq. Ft.
12,209
Lot Size
12,610
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
234,235
APN
4302-028-034

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%)

Thinking of Selling?

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Recently Sold Homes Near 1960 S Holt Ave

1927 S Holt Ave, Los Angeles, CA 90034
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2 Baths
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1927 S Holt Ave
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1964 S Sherbourne Dr, Los Angeles, CA 90034
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7296 Sq.Ft.
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2008 S Holt Ave, Los Angeles, CA 90034
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-- Sq.Ft.
2008 S Holt Ave
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2012 S Holt Ave, Los Angeles, CA 90034
$1,740,000 Last Sold Price
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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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