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2012 S Holt Ave, Los Angeles, CA 90034
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2012 S Holt Ave Los Angeles, CA 90034

$1,740,000 Sold Price as of 03/31/2021
  • 10 Beds
  • 6 Baths
  • 3,222 Sq.Ft.
Sold
$1,740,000 Sold Price as of 03/31/2021 Refinance Your Mortgage
Map preview of 2012 S Holt Ave, Los Angeles, CA 90034

Property Overview: 2012 S Holt Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,222 living square feet and 6,307 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2012 S. Holt Ave. is a FULLY REMODELED four-unit investment opportunity in the South Robertson neighborhood of Los Angeles. Earn great cash flow or perfect for an owner user - live in one and rent the others . EXCELLENT unit mix: consists of two 3-bedroom two bath units and two 2-bedroom one bath units. New plumbing, electrical, mechanical, windows, kitchens, bathrooms, exterior, etc. - ALL REMODELED WITH PERMITS. Can potentially add up to two ADUs on top of the garages in the back while keeping parking, making this a six-unit property. Centrally located property, close proximity to Culver City, Beverly Hills and Century City, attracting high-end renters with a quick commute throughout the city. Earn high rents immediately, and add significant value through the construction of ADUs. Buyer and agent to verify. Low maintenance property, great location, with great cash flow.

Listed by Tak Wong | BRE #00939052 | Golden Coast Investments
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,307
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21036231
City
Los Angeles
County
Los Angeles
Time on Site
1171 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $128,280
  • Net Operating Income: $107,942
  • Gross Operating Income: $128,280
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $20,338
  • Electric: $1,225
  • Gas/Fuel: $0
  • Licenses: $765
  • New Taxes: $13,038
  • Trash: $0
  • Gardener: $1,080
  • Insurance: $2,430
  • Maintenance: $1,800
  • Water/Sewer: $0

Property Details for 2012 S Holt Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 4302027005
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of National Blvd, E of Robertson
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2012 S Holt Ave

Last sold for $1,740,000 on March 31st, 2021

  • April, 2021

  • Apr 2, 2021

    Date

    Sold

    CRMLS: OC21036231

    $1,740,000

    Price

  • Feb 26, 2021

    Date

    Pending

    CRMLS: OC21036231

    $1,798,000

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: OC21036231

    $1,798,000

    Price

  • July, 2017

  • Jul 31, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2017

  • May 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

Show More

Tax History for 2012 S Holt Ave

Assessed Value (2020): $1,087,738
Year Land Value Improved Value Assessed Value
2020 $955,087 $132,651 $1,087,738

Home Value Compared to the Market

This property vs the competition

2012 S Holt Ave sold on March 31, 2021 for 51.09% 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 $558.04 per/sqft which puts the price per square foot 26.09% lower than the current median sale per square foot for the city of Los Angeles.

About 2012 S Holt Ave

Detailed summary of property

2012 S Holt Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,222 living square feet, and sits on an approximately 6,307 square foot lot. 2012 S Holt Ave was first listed on ArdentRealEstateGroup.com on February 22, 2021. The homeowner sold the property for $1,740,000. 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 51.09% higher than the current median priced home. Local homes that are currently for sale include 1132 S Crescent Heights Blvd, 1455 S Genesee Ave and 2315 Carmona Ave. While the average home in Los Angeles, CA is selling in 94 days, 2012 S Holt Ave has a days on market of 1 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 2012 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 2012 S Holt Ave

Public county record property details
Beds
6
Baths
4
Year built
1949
Sq. Ft.
3,222
Lot Size
6,307
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
243
APN
4302-027-005

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%)

Thinking of Selling?

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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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