200 N Reno St, Los Angeles, CA 90026
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200 N Reno St Los Angeles, CA 90026

$1,000,000
  • 4 Beds
  • 6 Baths
  • 1,832 Sq.Ft.
For Sale
$1,000,000 Get Pre-Qualified

Map preview of 200 N Reno St, Los Angeles, CA 90026

Property Overview: 200 N Reno St Los Angeles, CA has 4 bedrooms, 6 bathrooms, 1,832 living square feet and 3,506 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This is a great income property and very convenient to the highly sought after area of Silver Lake/Echo Park. This 2-story duplex was built in the mid 90's and offers a great owner/user opportunity and is within close proximity to the 101. Whether you are in the middle of an exchange, looking for a potential value add or would like to live in one unit and rent the other out, this property has great potential. Please keep in mind that both units are being delivered tenant occupied and the buyer will need to negotiate with the tenants after COE if there is a desire from the buyer to occupy one of the units. The seller is motivated.

Listed by Brock J Worthen | BRE #01351221 | Keller Williams Realty Los Feliz
Last checked: 4 minutes ago | Last updated: August 20th, 2024 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
3,506
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24428029
City
Los Angeles
County
Los Angeles
Time on Site
34 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $886
  • Total Rent: $886
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $885
  • Total Rent: $885
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $1,768
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 4
  • Gross Scheduled Income: --
  • Net Operating Income: $25,004
  • Gross Operating Income: $42,468
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 200 N Reno St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 3
  • Parcel Number: 5156017013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Beverly Blvd. East of Occidental
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Sale History for 200 N Reno St

Last sold for $131,000 on March 11th, 1999
  • August, 2024

  • Aug 12, 2024

    Date

    Active

    CRMLS: 24428029

    $1,000,000

    Price

  • June, 2023

  • Jun 22, 2023

    Date

    Expired

    CRMLS: 22226753

    $1,520,000

    Price

  • Dec 21, 2022

    Date

    Active

    CRMLS: 22226753

    $1,520,000

    Price

  • Listing provided courtesy of CRMLS

    This property is close proximity and very convenient to Silver Lake as well as the 101. This is a great opportunity for an investor as a "value add" addition to their portfolio. This duplex (APN 5156017013) units 200 and 202 is also being sold with an adjoining unit with a seperat APN (5156017014) which address is 208 N. Reno St. Seller will consider all offers. Showings will need to be coordinated so please see agent remarks for instructions.

  • June, 2023

  • Jun 21, 2023

    Date

    Expired

    CRMLS: 22226515

    $1,520,000

    Price

  • Dec 20, 2022

    Date

    Active

    CRMLS: 22226515

    $1,520,000

    Price

  • Listing provided courtesy of CRMLS

    This property is close proximity and very convenient to Silver Lake as well as the 101. This is a great opportunity for an investor as a value add addition to their portfolio. Each tenant has their own washer & dryer which are located in the garages. The 2 unit next door, 2948 Council St. is owned by the same seller, and is also for sale. Seller will consider all offers. Showings will need to be coordinated so please see agent remarks for instructions.

  • March, 1999

  • Mar 11, 1999

    Date

    Sold (Public Records)

    Public Records

    $131,000

    Price

  • March, 1999

  • Mar 11, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 200 N Reno St

Assessed Value (2020): $186,325
Year Land Value Improved Value Assessed Value
2020 $106,063 $80,262 $186,325

Home Value Compared to the Market

This property vs the competition

200 N Reno St is listed 16.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $545.85 per/sqft which puts the price per square foot 28.93% lower than the median price per square foot for the city of Los Angeles.

About 200 N Reno St

Detailed summary of property

200 N Reno St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 4 bedrooms, 6 bathrooms, roughly 1,832 living square feet, and sits on an approximately 3,506 square foot lot. 200 N Reno St was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner is currently asking $1,000,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% lower than the median priced home. Local competing homes currently for sale include 4307 Clinton St, 1600 W Court St and 519 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 106 days, 200 N Reno St has a days on market of 34 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 200 N Reno St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 200 N Reno St

Public county record property details
Beds
3
Baths
3
Year built
1938
Sq. Ft.
1,832
Lot Size
3,505
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5156-017-013

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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.