1974 S Garth Ave, Los Angeles, CA 90034
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1974 S Garth Ave Los Angeles, CA 90034

$2,200,000 Sold Price as of 02/25/2022
  • 52 Beds
  • 26 Baths
  • 6,614 Sq.Ft.
Sold
$2,200,000 Sold Price as of 02/25/2022 Refinance Your Mortgage

Map preview of 1974 S Garth Ave, Los Angeles, CA 90034

Property Overview: 1974 S Garth Ave Los Angeles, CA has 52 bedrooms, 26 bathrooms, 6,614 living square feet and 6,302 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I AM PROUD to present this immaculate five (5) unit multi-family property adjacent to the residential zone of La Cienega Heights. The property is a combination of a one (2) bedroom, one and half 1 bath townhouse. Three (3) of the apartments are four (4) bedrooms, two (2) bath units, two of three units are remodeled. Additionally, the two (2) bedroom, one (1) bath apartment is remodeled. All the units are generously sized. All units have either balconies or enclosed patio areas. Shared laundry facilities are in the building. The property has a physical security system consisting of accessible windows and doors with security bars installed; plus, a security fence is installed along the property line. Additionally, there is an irrigation system for landscape plantings. This location is near a hospital, and enjoys easy access to transportation, employment, shopping, dining, and entertainment. Truly, well maintained building, showing pride of ownership..

Listed by Homa Shirzad | BRE #00827548 | Nelson Shelton Real Estate Era Powered
Last checked: 17 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
6,302
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21103031
City
Los Angeles
County
Los Angeles
Time on Site
904 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,965
  • Total Rent: $2,965
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,094
  • Total Rent: $3,094
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $1,790
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,030
  • Total Rent: $2,030
  • Pro Forma/Market Rent: $3,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $79,428
  • Gross Operating Income: $132,817
  • Laundry Income: $680
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1974 S Garth Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s), Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 5
  • Parcel Number: 4302032021
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Between Robertson Blvd , La Cienega Blvd; Cadillac Avenue and Airdrome Street using Google map
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Sale History for 1974 S Garth Ave

Last sold for $2,200,000 on February 25th, 2022
  • February, 2022

  • Feb 25, 2022

    Date

    Sold

    CRMLS: 21103031

    $2,200,000

    Price

  • Nov 12, 2021

    Date

    Active

    CRMLS: 21103031

    $2,275,000

    Price

  • November, 2016

  • Nov 4, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,680,000

    Price

  • December, 2001

  • Dec 13, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1974 S Garth Ave

Assessed Value (2020): $1,782,829
Year Land Value Improved Value Assessed Value
2020 $1,061,208 $721,621 $1,782,829

Home Value Compared to the Market

This property vs the competition

1974 S Garth Ave sold on February 25, 2022 for 91.18% 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 $343.97 per/sqft which puts the price per square foot 54.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1974 S Garth Ave

Detailed summary of property

1974 S Garth Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 52 bedrooms, 26 bathrooms, roughly 6,614 living square feet, and sits on an approximately 6,302 square foot lot. 1974 S Garth Ave was first listed on ArdentRealEstateGroup.com on November 17, 2021. The homeowner sold the property for $2,200,000. 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 91.18% higher than the current median priced home. Local homes that are currently for sale include 5511 Smiley Dr, 1138 Cardiff Ave and 2915 S Burnside Ave. While the average home in Los Angeles, CA is selling in 94 days, 1974 S Garth Ave has a days on market of 20 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 1974 S Garth 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 1974 S Garth Ave

Public county record property details
Beds
16
Baths
8
Year built
1964
Sq. Ft.
6,614
Lot Size
6,301
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
339
APN
4302-032-021

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
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
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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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.