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2015 Hancock St, Los Angeles, CA 90031
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2015 Hancock St Los Angeles, CA 90031

$882,000 Sold Price as of 04/18/2023
  • 8 Beds
  • 4 Baths
  • 2,787 Sq.Ft.
Sold
$882,000 Sold Price as of 04/18/2023 Refinance Your Mortgage
Map preview of 2015 Hancock St, Los Angeles, CA 90031

Property Overview: 2015 Hancock St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,787 living square feet and 8,363 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Large Lincoln Heights triplex, upside on rents, excellent unit mix; one 4/2 unit and two 2/1 units. All units very spacious; 2 bedroom units approximately 800 sq. ft., 4 bedroom unit more than 1200 sq. ft. California bungalow, all utilities separately metered. Close to USC Health Sciences campus, Dodger Stadium and Downtown L.A. Perfect opportunity to live in one, rent the other two.

Listed by Selene Lum | BRE #01829069 | Keller Williams DTLA
Co-listed by Jeff Curtis | BRE #01364089 | Keller Williams DTLA
Last checked: 10 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
8,363
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
AR23002471
City
Los Angeles
County
Los Angeles
Time on Site
611 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,402
  • Total Rent: $1,402
  • Pro Forma/Market Rent: $1,402
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,040
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,851
  • Total Rent: $1,851
  • Pro Forma/Market Rent: $1,851
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,516
  • Net Operating Income: $38,393
  • Gross Operating Income: $51,516
Annual Expense Breakdown
  • Total Operating Expense: $13,124
  • Gas/Fuel: $0
  • New Taxes: $9,938
  • Trash: $720
  • Insurance: $1,200
  • Maintenance: $1,266

Property Details for 2015 Hancock St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5210022006
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: N of Darwin Ave, S of Baldwin St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2015 Hancock St

Last sold for $882,000 on April 18th, 2023

  • April, 2023

  • Apr 18, 2023

    Date

    Sold

    CRMLS: AR23002471

    $882,000

    Price

  • Jan 17, 2023

    Date

    Active

    CRMLS: AR23002471

    $795,000

    Price

  • November, 2021

  • Nov 12, 2021

    Date

    Price Change

    CRMLS: PF21152043

    $949,000

    Price

  • Jul 19, 2021

    Date

    Active

    CRMLS: PF21152043

    $1,030,000

    Price

  • Listing provided courtesy of CRMLS

    Investors look no further, this triplex is not going to last in this market with a single family 4 bedroom, 2 Bath 1,203 sqft and a duplex each 2Bedroom + 1 bath of almost 1,600 sqft (each almost 800 sqft). Located closely to the USC Keck school of medicine, LA Historical Park, Dodgers stadium and 10mins from Downtown LA this neighborhood has so much to offer. This income property has low expenses as each unit has a separate water meter and no landscaping is needed. This is a great opportunity for investors, builders, or as your primary residence with additional income from renting out the duplex. This property will be delivered with occupants, please do not disturb the tenants. Buyers to do their due diligence and property will be sold as is.

  • June, 2021

  • Jun 30, 2021

    Date

    Expired

    CRMLS: 21712048

    $1,048,000

    Price

  • Jun 8, 2021

    Date

    Price Change

    CRMLS: 21712048

    $1,048,000

    Price

  • May 7, 2021

    Date

    Price Change

    CRMLS: 21712048

    $1,148,000

    Price

  • Mar 30, 2021

    Date

    Active

    CRMLS: 21712048

    $1,189,000

    Price

  • Listing provided courtesy of CRMLS

    1,203 SF 4 Bedroom + 2 Bathroom Home, PLUS a duplex for an incredible price! 100% rented! Front duplex is 2 Bedrooms and 1 Bathroom each, and each unit is almost 800 SF. The 4 Br+2Ba house is in the rear, along with a large open parking area that may be enough room to add an ADU (buyer to investigate). The property sits on a huge 8,363 SF lot in Lincoln Heights near the USC Keck School of Medicine. The property is located in a Tier 1 TOC & HPOZ. Both exteriors have been recently painted. Additionally, the property has low expenses due to separate water meters, so the owner pays ZERO utility expenses, and there is all concrete so not even landscaping needed! Full Marketing Package available upon request. Do not walk on property or disturb tenants.

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Tax History for 2015 Hancock St

Assessed Value (2020): $573,052
Year Land Value Improved Value Assessed Value
2020 $429,789 $143,263 $573,052

Home Value Compared to the Market

This property vs the competition

2015 Hancock St sold on April 18, 2023 for 29.02% 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 $285.25 per/sqft which puts the price per square foot 60.6% lower than the current median sale per square foot for the city of Los Angeles.

About 2015 Hancock St

Detailed summary of property

2015 Hancock St is a triplex that recently sold in Los Angeles, CA 90031. This triplex offered 8 bedrooms, 4 bathrooms, roughly 2,787 living square feet, and sits on an approximately 8,363 square foot lot. 2015 Hancock St was first listed on ArdentRealEstateGroup.com on January 17, 2023. The homeowner sold the property for $882,000. 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 29.02% lower than the current median priced home. Local homes that are currently for sale include 322 Cornwell St, 2746 Wabash Ave and 2814 Wabash Ave. While the average home in Los Angeles, CA is selling in 106 days, 2015 Hancock St has a days on market of 49 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 2015 Hancock St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2015 Hancock St

Public county record property details
Beds
4
Baths
4
Year built
1907
Sq. Ft.
2,787
Lot Size
8,363
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,4
APN
5210-022-006

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2015 Hancock St

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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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