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2001 Cambridge St, Los Angeles, CA 90006
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2001 Cambridge St Los Angeles, CA 90006

$799,000
  • 4 Beds
  • 7 Baths
  • 1,704 Sq.Ft.
For Sale
$799,000 Get Pre-Qualified
Map preview of 2001 Cambridge St, Los Angeles, CA 90006

Property Overview: 2001 Cambridge St Los Angeles, CA has 4 bedrooms, 7 bathrooms, 1,704 living square feet and 6,590 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: A great investment opportunity in Koreatown! This property consists of two units: Unit #2001 with 1 bed and 1 bath, and Unit #2003 with 1 bed and 2 baths. Both units are currently tenant-occupied and have a good rental history. When selling, the tenants will likely transfer with the property. The house features a spacious backyard with ample parking space. Located at the heart of Koreatown, just off the 10 Freeway, and with easy access to Downtown, it offers excellent transportation convenience. Please, Don's Disturb the Tenants. Drive by Only!

Listed by Sook Won Hwang | BRE #02001560 | Redpoint Realty
Last checked: 10 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 55
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Home details

Lot Sq. Ft
6,590
HOA Dues
$0/mo
Year built
1885
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24358555
City
Los Angeles
County
Los Angeles
Time on Site
65 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,293
  • Total Rent: $1,293
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,553
  • Total Rent: $1,553
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.8%
  • Gross Rent Multiplier: 23
  • Gross Scheduled Income: --
  • Net Operating Income: $22,157
  • Gross Operating Income: $34,157
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2001 Cambridge St

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Property Details for 2001 Cambridge St

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5075012025
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Cambridge St. and Normandie Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 2001 Cambridge St

Last sold for $710,000 on July 13th, 2023

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: 24358555

    $799,000

    Price

  • July, 2023

  • Jul 13, 2023

    Date

    Sold

    CRMLS: 23271605

    $710,000

    Price

  • May 17, 2023

    Date

    Active

    CRMLS: 23271605

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Investor's delight. Sold as is with tenants. Both units are occupied by long term tenants. Please do not ask the property to be vacant. Submit the offer subject to interior inspection. Please do not disturb the tenants.

  • May, 2022

  • May 3, 2022

    Date

    Canceled

    CRMLS: 22137177

    $850,000

    Price

  • Mar 16, 2022

    Date

    Active

    CRMLS: 22137177

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Investor's delight. Sold as is with tenants. Both units are occupied. Please do not ask the property to be vacant. Subject to interior inspection. Please do not disturb the tenants as they are not aware of the sale.

  • May, 2016

  • May 5, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2010

  • Mar 15, 2010

    Date

    Sold (Public Records)

    Public Records

    $305,000

    Price

Show More

Tax History for 2001 Cambridge St

Assessed Value (2020): $357,201
Year Land Value Improved Value Assessed Value
2020 $216,485 $140,716 $357,201

Home Value Compared to the Market

This property vs the competition

2001 Cambridge St is listed 34.78% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $468.9 per/sqft which puts the price per square foot 39.42% lower than the median price per square foot for the city of Los Angeles.

About 2001 Cambridge St

Detailed summary of property

2001 Cambridge St is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 4 bedrooms, 7 bathrooms, roughly 1,704 living square feet, and sits on an approximately 6,590 square foot lot. 2001 Cambridge St was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $799,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.78% lower than the median priced home. Local competing homes currently for sale include 1137 S Union Ave, 1362 W 37th Dr and 1270 Exposition Blvd. While the average home in Los Angeles, CA is selling in 96 days, 2001 Cambridge St has a days on market of 55 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2001 Cambridge St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2001 Cambridge St

Public county record property details
Beds
2
Baths
3
Year built
1885
Sq. Ft.
1,704
Lot Size
6,588
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5075-012-025

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
32
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), 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.

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