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1964 Park Grove Ave, Los Angeles, CA 90007
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1964 Park Grove Ave Los Angeles, CA 90007

$850,000 Sold Price as of 11/16/2020
  • 6 Beds
  • 4 Baths
  • 2,377 Sq.Ft.
Sold
$850,000 Sold Price as of 11/16/2020 Refinance Your Mortgage
Map preview of 1964 Park Grove Ave, Los Angeles, CA 90007

Property Overview: 1964 Park Grove Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,377 living square feet and 6,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to purchase in North University Park. 1901 Historic Craftsman duplex located within the USC Department of Public Safety Patrol Zone in an area with high comparable rents on a parcel with upside for development in a spacious backyard boasting fully developed Orange trees, a mature Avocado tree, baby pear trees, and two detached storage sheds. Multifamily zoning of RD 1.5, TOC 3 parcel near Expo Line, Blue Line, DTLA, LA Live, near great supermarkets like Whole Foods, Trader Joes, Ralphs, Target, and more. Current floorplan of 3 bed/2 bath for both the upper and lower unit in a high rent area of the city makes this property a winner for either an investor/developer or an owner occupied looking for something more spacious with character. Buyer to verify all sq footage and permitting. Showing by appointment only. May be able to add 2-4 additional units.

Listed by Alvin Mullins | BRE #01128308 | Your Home Team Real Estate
Co-listed by Stacie Hardaway | BRE #01927600 | Your Home Team Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
6,524
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
RS20169391
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $10,000
  • Trash: $1,200
  • Insurance: $1,000

Property Details for 1964 Park Grove Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Concrete, Driveway Level, RV Access/Parking, RV Gated
Lot Information
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5124018005
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West on Washington from Figueroa then left on Park Grove
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1964 Park Grove Ave

Last sold for $850,000 on November 17th, 2020

  • November, 2020

  • Nov 18, 2020

    Date

    Sold

    CRMLS: RS20169391

    $850,000

    Price

  • Oct 9, 2020

    Date

    Active Under Contract

    CRMLS: RS20169391

    $849,900

    Price

  • Sep 30, 2020

    Date

    Price Change

    CRMLS: RS20169391

    $849,900

    Price

  • Aug 19, 2020

    Date

    Active

    CRMLS: RS20169391

    $888,800

    Price

  • November, 2020

  • Nov 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • March, 2013

  • Mar 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $332,500

    Price

Show More

Tax History for 1964 Park Grove Ave

Assessed Value (2020): $374,381
Year Land Value Improved Value Assessed Value
2020 $280,141 $94,240 $374,381

Home Value Compared to the Market

This property vs the competition

1964 Park Grove Ave sold on November 16, 2020 for 24.12% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $357.55 per/sqft which puts the price per square foot 50.61% lower than the current median sale per square foot for the city of Los Angeles.

About 1964 Park Grove Ave

Detailed summary of property

1964 Park Grove Ave is a duplex that recently sold in Los Angeles, CA 90007. This duplex offered 6 bedrooms, 4 bathrooms, roughly 2,377 living square feet, and sits on an approximately 6,524 square foot lot. 1964 Park Grove Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $850,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.12% lower than the current median priced home. Local homes that are currently for sale include 1522 W 29th St, 182 E 35th St and 3215 Trinity St. While the average home in Los Angeles, CA is selling in 106 days, 1964 Park Grove Ave has a days on market of 50 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1964 Park Grove Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1964 Park Grove Ave

Public county record property details
Beds
4
Baths
3
Year built
1901
Sq. Ft.
2,377
Lot Size
6,523
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
5124-018-005

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1964 Park Grove Ave

1954 Park Grove Ave, Los Angeles, CA 90007
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1954 Park Grove Ave
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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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