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203 N Avenue 49 Los Angeles, CA 90042

$1,085,000 Sold Price as of 01/07/2021

6 Beds
4 Baths
2,358 Sq.Ft.

Sold

$1,085,000 Sold Price as of 01/07/2021 Refinance Your Mortgage

Map preview of 203 N Avenue 49, Los Angeles, CA 90042

Property Overview: 203 N Avenue 49 Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,358 living square feet and 6,316 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent income producing duplex built in 1983 (not under LA rent control ordinance) in a private & quiet end of cul-de-sac location within the desirable up-and-coming neighborhood of Highland Park! Great opportunity to either occupy one unit while collecting rent from the other, or for an investor looking for a low maintenance property with excellent cash flow & CAP rate! Each of the two spacious units features 3 beds & 2 baths, including a large master bedroom with walk-in closet and en-suite bathroom. Each unit comes with its own in-unit laundry hookups, separate 2 car garages and private outdoor spaces. 5 minute drive to downtown LA and close to freeways, schools and local stores. Short walk to the Southwest Museum Metro Station (Gold Line) making commute into downtown LA and other parts of LA a breeze!

Listed by Samer Musallam | BRE #01424839 | Elite Home Group

Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft: 6,316
HOA Dues: $0/mo
Year built: 1983
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: 20632020
City: Los Angeles
County: Los Angeles
Time on Site: 1267 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,090
Total Rent: $3,090
Pro Forma/Market Rent: $3,200

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,250
Total Rent: $0
Pro Forma/Market Rent: $3,250

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 14.46
Gross Scheduled Income: --
Net Operating Income: $61,617
Gross Operating Income: $76,080

Annual Expense Breakdown

Total Operating Expense: --

Virtual Tour

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

Virtual Tour URL (external link)

Property Details for 203 N Avenue 49

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Heating Information

Has Heating
Central

Laundry Information

Has Laundry
Stackable

Kitchen Information

Has Appliances
Dishwasher, Disposal

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 4
Has Parking
Parking Features: Assigned, Driveway, Private

Property Information

Has View
View: Hills
Total # of Units: 2
Parcel Number: 5467029028

Location / Neighborhood

Location Information

Directions: Use google maps or waze

View more facts & features

Local Los Angeles Agent

Sale History for 203 N Avenue 49

Last sold for $1,085,000 on January 7th, 2021

January, 2021
Jan 8, 2021

Date

Sold

CRMLS: 20632020

$1,085,000

Price
Jan 6, 2021

Date

Pending

CRMLS: 20632020

$1,085,000

Price
Nov 25, 2020

Date

Active Under Contract

CRMLS: 20632020

$1,085,000

Price
Nov 11, 2020

Date

Price Change

CRMLS: 20632020

$1,085,000

Price
Oct 13, 2020

Date

Active

CRMLS: 20632020

$1,099,900

Price
Oct 13, 2020

Date

Hold

CRMLS: 20632020

$1,099,900

Price
Sep 18, 2020

Date

Active

CRMLS: 20632020

$1,099,900

Price
Sep 13, 2020

Date

Coming Soon

CRMLS: 20632020

$1,099,900

Price
January, 2021
Jan 7, 2021

Date

Sold (Public Records)

Public Records

$1,085,000

Price
December, 2020
Dec 7, 2020

Date

Canceled

CRMLS: 20640636

$2,999

Price
Nov 25, 2020

Date

Hold

CRMLS: 20640636

$2,999

Price
Oct 13, 2020

Date

Price Change

CRMLS: 20640636

$2,999

Price
Oct 1, 2020

Date

Active

CRMLS: 20640636

$3,200

Price
Listing provided courtesy of CRMLS

Freshly remodeled 3 bedroom 2 bathroom unit in a duplex located at the end of a private cul de sac. This very quiet and quaint home features a large master bedroom with its own bathroom, updated kitchen and bathrooms, brand new flooring throughout, in-unit laundry hookups, dishwasher, private patio space that is perfect for entertaining, and plenty of parking. 10 minute walk to Southwest Museum Metro Station. Perfect setup for either a family or roommates situation. Pets are considered on case by case basis. Available now. Call or text to schedule a private showing!

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October, 2020
Oct 1, 2020

Date

Canceled

CRMLS: 20616546

$2,997

Price
Sep 11, 2020

Date

Hold

CRMLS: 20616546

$2,997

Price
Sep 11, 2020

Date

Active

CRMLS: 20616546

$2,997

Price
Aug 13, 2020

Date

Hold

CRMLS: 20616546

$2,997

Price
Aug 10, 2020

Date

Active

CRMLS: 20616546

$2,997

Price
Listing provided courtesy of CRMLS

Lovely and private 3 bedroom 2 bathroom unit in a duplex located at the end of a cul de sac. Laundry hookups inside unit and plenty of parking (private 2 car garage also available)!! This very quiet and quaint unit features a large master bedroom with its own bathroom, updated kitchen and bathrooms, wood flooring throughout, in-unit laundry hookups, dishwasher, and a private patio space that is perfect for entertaining! 10 minute walk to Southwest Museum Metro Station. This unit is part of a duplex with only 1 neighbor above who are quiet and friendly. Perfect for either a family or roommates situation. Pets are considered on case by case basis. Tenants must have good credit and verifiable income. Available now. Call or text to schedule a private showing!

Continue Reading
August, 2020
Aug 17, 2020

Date

Canceled

CRMLS: 20594956

$1,099,900

Price
Aug 12, 2020

Date

Pending

CRMLS: 20594956

$1,099,900

Price
Jun 24, 2020

Date

Active

CRMLS: 20594956

$1,099,900

Price
Listing provided courtesy of CRMLS

1983 built (not under LA rent control ordinance) income producing duplex in a very private and quiet cul-de-sac location within the desirable up-and-coming neighborhood of Highland Park! Great opportunity to either occupy one unit while collecting rent from the other, or for an investor looking for a low maintenance property with excellent cash flow. Both spacious units are identical and feature 3 beds & 2 baths, measuring approximately 1,179 sqft each. Each unit comes with its own in-unit laundry hookups, 2 car garage and private outdoor spaces. 5 minute drive to downtown LA and close to freeways, schools and local stores. Short walk to the Southwest Museum Metro Station (Gold Line) making commute into downtown LA and other parts of the city a breeze!

Continue Reading
May, 2019
May 13, 2019

Date

Leased

CRMLS: 19445062

$3,000

Price
May 11, 2019

Date

Pending

CRMLS: 19445062

$3,000

Price
Mar 18, 2019

Date

Active

CRMLS: 19445062

$3,000

Price
Listing provided courtesy of CRMLS

Lovely and private 3 bedroom 2 bathroom unit in a duplex located at the end of a cul de sac. Laundry hookups inside unit. private 2 car garage and driveway parking also included to accommodate up to 4 vehicles!! This very quiet and quaint unit features a large master bedroom with its own bathroom, updated kitchen and bathrooms, wood flooring throughout, fresh paint, in-unit laundry hookups, dishwasher, private 2 car garage plus room for additional vehicles in driveway and easy street parking, along with a private patio space that is perfect for entertaining! 10 minute walk to Southwest Museum train station.This unit is part of a duplex with only 1 neighbor above who are quiet and friendly. Perfect for either a family or roommates situation. Pets are considered on case by case basis. Tenants must have good credit and verifiable income. Available June 1st 2019. Call or text to schedule private showing!

Continue Reading
May, 2018
May 23, 2018

Date

Leased

CRMLS: 18337800

$3,200

Price
Apr 27, 2018

Date

Active

CRMLS: 18337800

$2,950

Price
Listing provided courtesy of CRMLS

Lovely and private 3 bedroom 2 bathroom unit in a duplex located at the end of a cul de sac. Laundry hookups inside unit. private 2 car garage and driveway parking also included!! This very quiet and quaint unit features: Large master bedroom with own bathroom, remodeled kitchen and bathrooms, wood floors throughout, freshly painted, in-unit laundry hookups, dishwasher and refrigerator included. Private 2 car attached garage plus room for additional vehicles in driveway and easy street parking, along with a private patio space completes this home! 10 minute walk to Southwest Museum train station.This unit is part of a duplex with only 1 neighbor above who are quiet and friendly. Perfect for either a family or roommates situation. Pets are considered on case by case basis. Tenants must have good credit and verifiable income. Available now.

Continue Reading
August, 2015
Aug 7, 2015

Date

Sold (Public Records)

Public Records

$805,000

Price
June, 2014
Jun 25, 2014

Date

Price Change

CRMLS: 214015903

$525,000

Price
Jun 5, 2014

Date

Price Change

CRMLS: 214015903

$537,500

Price
Apr 25, 2014

Date

Price Change

CRMLS: 214015903

$550,000

Price
Listing provided courtesy of CRMLS

Standard Sale, Duplex, private location, your are welcome to be part of one most desirable area of Los Angeles, 2 levels, each unit with 3 bedrooms, 2 bathrooms, kitchen, living room with tile floors, laundry area, units condition are ready to move-in, 2,358 sq ft living space, roof in good condition, back yard, nice 2 front garages for 2 cars each one, plus parking space in front of the property, 6,264 lot, close to schools, stores, freeway, walking distance to the Metro Gold Line, about 5 minutes driving from LA downtown.

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Tax History for 203 N Avenue 49

Assessed Value (2020): $871,357

Year	Land Value	Improved Value	Assessed Value
2020	$541,216	$330,141	$871,357

Home Value Compared to the Market

This property vs the competition

203 N Avenue 49 sold on January 7, 2021 for 14.84% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $460.14 per/sqft which puts the price per square foot 41.83% lower than the current median sale per square foot for the city of Los Angeles.

About 203 N Avenue 49

Detailed summary of property

203 N Avenue 49 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,358 living square feet, and sits on an approximately 6,316 square foot lot. 203 N Avenue 49 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,085,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.84% lower than the current median priced home. Local homes that are currently for sale include 6445 Roble Ave, 2620 Idell St and 3611 El Sereno Ave. While the average home in Los Angeles, CA is selling in 100 days, 203 N Avenue 49 has a days on market of 68 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 203 N Avenue 49 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 203 N Avenue 49

Public county record property details

Beds: 6
Baths: 4
Year built: 1983
Sq. Ft.: 2,358
Lot Size: 6,278
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 49
APN: 5467-029-028

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,200,000

Median List Price/Sq.Ft.

$789

Median Sold Price

$1,140,000

Median Sold Price/Sq.Ft.

$895

Total Inventory

Median Sale to List Price %

115.27%

Avg Days on Market

Loan Type

Conventional (15.38%), FHA (0%), VA (0%), Cash (34.62%), Other (7.69%)

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.