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2016 W 74Th St, Los Angeles, CA 90047
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2016 W 74Th St Los Angeles, CA 90047

$1,085,000 Sold Price as of 01/12/2024
  • 5 Beds
  • 4 Baths
  • 2,219 Sq.Ft.
Sold
$1,085,000 Sold Price as of 01/12/2024 Refinance Your Mortgage
Map preview of 2016 W 74Th St, Los Angeles, CA 90047

Property Overview: 2016 W 74Th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,219 living square feet and 6,703 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: **Live Smart...Rent 1 and Live in 1* Opportunity knocks in the heart of Los Angeles under $451.00 per square foot! Move in ready and just a short distance for it all. Front Unit is a functional Spanish revival (1220-Sqft) with 3 bedrooms 2 full bathrooms featuring a separate redesigned kitchen with a corner nook that provides a calm eye view of the neighborhood plus there is an adjacent laundry room with a rear exit door that leads to the side of the property. Rear Unit is an ADU 100% New Construction (999-Sqft) 2 bedroom and 2 bath with an attached 2 car garage - Units are detached with individual yards for summertime family gatherings. The kitchens were carefully designed with customized cabinetry and quartz counter tops, remodeled bathrooms w/modern cabinetry and modern tile. Each unit is equipped with central ac/hvac systems. This neighborhood is quiet, green lawns to your left & right, pride of ownership is an understatement. Commuters enjoy all mayor freeways & public transportation within close proximity including several popular new re-development projects including the recently finished So-Fi Stadium Hub, You Tube Theatre, BMO Stadium! Everywhere you look there are new ventures & growth. Neighboring South Bay Cities: Inglewood, Gardena, Torrance, Hawthorne, El Segundo and many more. This is the one, perfect for an extended family & or a 1031 exchange buyer that needs the year end trophy investment to generate immediate cash flow. This design choice is invaluable to renters, who appreciate having their own separate living quarters & outdoor space including the convenience of on-site parking on a 6703 lot! Book your private tour today. Let's celebrate the New Year in your new income producing property!

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 13 minutes ago | Last updated: January 13th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,703
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
MB23223055
City
Los Angeles
County
Los Angeles
Time on Site
295 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $340
  • Insurance: $2,000
  • Water/Sewer: $1,300

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2016 W 74Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage Faces Rear
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6017011004
  • Year Built Source: Builder
  • Entry Level: 4
  • Property is not Attached
  • Offered With Property: Installed appliances
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between Western and Van Ness
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2016 W 74Th St

Last sold for $1,085,000 on January 12th, 2024

  • January, 2024

  • Jan 12, 2024

    Date

    Sold

    CRMLS: MB23223055

    $1,085,000

    Price

  • Dec 7, 2023

    Date

    Active

    CRMLS: MB23223055

    $999,900

    Price

  • February, 2023

  • Feb 1, 2023

    Date

    Sold

    CRMLS: 23230377

    $505,000

    Price

  • Jan 7, 2023

    Date

    Active

    CRMLS: 23230377

    $495,000

    Price

  • Listing provided courtesy of CRMLS

    This 2 bedroom 1 bathroom home is located less than 10 minutes away from SoFi Stadium and the Forum. Down the street from 74th Elementary School and other near by amenities such as a local library and multiple local parks. Residing on a lot that is over 6,700 sq. ft. with a long driveway and a detached 2 car garage at the rear of the property which has great POTENTIAL TO BUILD ADUs which can bring in additional income. This home is in need of some TLC and is priced to sell.

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Tax History for 2016 W 74Th St

Assessed Value (2020): $136,965
Year Land Value Improved Value Assessed Value
2020 $90,731 $46,234 $136,965

Home Value Compared to the Market

This property vs the competition

2016 W 74Th St sold on January 12, 2024 for 10.72% 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 $450.61 per/sqft which puts the price per square foot 37.76% lower than the current median sale per square foot for the city of Los Angeles.

About 2016 W 74Th St

Detailed summary of property

2016 W 74Th St is a duplex that recently sold in Los Angeles, CA 90047. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,219 living square feet, and sits on an approximately 6,703 square foot lot. 2016 W 74Th St was first listed on ArdentRealEstateGroup.com on December 8, 2023. The homeowner sold the property for $1,085,000. 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 10.72% lower than the current median priced home. Local homes that are currently for sale include 1233 W 60th St, 5302 S Manhattan Pl and 5758 11th Ave. While the average home in Los Angeles, CA is selling in 106 days, 2016 W 74Th St has a days on market of 17 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2016 W 74Th St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2016 W 74Th St

Public county record property details
Beds
2
Baths
1
Year built
1948
Sq. Ft.
1,220
Lot Size
6,702
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
6017-011-004

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
98
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

Thinking of Selling?

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(714) 706-1823

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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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