2037 N Eastern Ave, Los Angeles, CA 90032
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2037 N Eastern Ave Los Angeles, CA 90032

$705,000 Sold Price as of 10/04/2021
  • 2 Beds
  • 2 Baths
  • 1,250 Sq.Ft.
Sold
$705,000 Sold Price as of 10/04/2021 Refinance Your Mortgage

Map preview of 2037 N Eastern Ave, Los Angeles, CA 90032

Property Overview: 2037 N Eastern Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,250 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INCREDIBLE DUPLEX IN HIGHLY DESIRABLE AREA OF EL SERENO! This great investment property has been in the family for over 50 years! Located close to EVERYTHING, this is an ideal location! Cal State LA, USC, hospitals, parks, markets, local eateries, easy access to all major freeways and minutes to Downtown! Eastern Ave offers a unit mix of two- one bedroom, one bathroom units, with approximately 625 sqft each. Each unit features private laundry and a private one car garage. There is an incredible upside for the monthly rent in the future! The interior of each unit boasts hardwood flooring in the living area and tile flooring in the kitchen. The living area for both units are spacious and are laid out well w/ a dining area just off of the kitchen. Newer windows have been installed and the electrical was also upgraded. The massive lot provides ample parking and even R/V potential if need be. There is a nice garden area at the very back of the lot as well! Multi-units that have been kept up like this are hard to find in the area. Be sure to make an appointment to view these before it's to late!Click here to view the matterport for the second unit https://my.matterport.com/show/?m=ka2XbWKKgqE

Listed by CHRISTOPHER CERVANTEZ | BRE #01430875 | eHomes
Co-listed by ERIN NACHREINER | BRE #02046224 | eHomes
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
CV21169453
City
Los Angeles
County
Los Angeles
Time on Site
1139 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $930
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,060
  • Net Operating Income: $20,060
  • Gross Operating Income: $4,000
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Laundry Own/Lease: Own
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0
  • Other Expense Description: 0

Virtual Tour

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Property Details for 2037 N Eastern Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Gas Oven, Water Heater
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt, Shingle
  • Has Fence
  • Block
  • Other Structures: Shed(s), Storage
  • 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: 2
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Oversized, Parking Space, Private, RV Access/Parking, RV Potential
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Sprinkler System, Sprinklers In Front, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5215034021
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From Valley & Eastern, go North on Eastern. The home is on the Left (West) side.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Urban
View more facts & features

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Sale History for 2037 N Eastern Ave

Last sold for $705,000 on October 4th, 2021
  • August, 2021

  • Aug 24, 2021

    Date

    Pending

    CRMLS: CV21176000

    $739,000

    Price

  • Aug 10, 2021

    Date

    Active

    CRMLS: CV21176000

    $739,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 24, 2021

    Date

    Pending

    CRMLS: CV21169453

    $739,000

    Price

  • Aug 10, 2021

    Date

    Active

    CRMLS: CV21169453

    $739,000

    Price

  • July, 2010

  • Jul 13, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2037 N Eastern Ave

Assessed Value (2020): $59,571
Year Land Value Improved Value Assessed Value
2020 $25,977 $33,594 $59,571

Home Value Compared to the Market

This property vs the competition

2037 N Eastern Ave sold on October 4, 2021 for 34.02% 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 $591.2 per/sqft which puts the price per square foot 18.34% lower than the current median sale per square foot for the city of Los Angeles.

About 2037 N Eastern Ave

Detailed summary of property

2037 N Eastern Ave is a single family home that recently sold in Los Angeles, CA 90032. This house offered 2 bedrooms, 2 bathrooms, roughly 1,250 living square feet, and sits on an approximately 7,000 square foot lot. 2037 N Eastern Ave was first listed on ArdentRealEstateGroup.com on August 10, 2021. The homeowner sold the property for $705,000. 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 34.02% lower than the current median priced home. Local homes that are currently for sale include 3633 Castalia Ave, 3633 Castalia Ave and 4527 E Rose Hill Dr. While the average home in Los Angeles, CA is selling in 105 days, 2037 N Eastern Ave has a days on market of 15 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 2037 N Eastern Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2037 N Eastern Ave

Public county record property details
Beds
2
Baths
2
Year built
1951
Sq. Ft.
1,250
Lot Size
6,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5215-034-021

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$789,000
Median List Price/Sq.Ft.
$652
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
53
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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Related Resources to 2037 N Eastern Ave

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.