208 N Rowan Ave, Los Angeles, CA 90063
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208 N Rowan Ave Los Angeles, CA 90063

$630,000 Sold Price as of 11/07/2019
  • 6 Beds
  • 3 Baths
  • 1,610 Sq.Ft.
Sold
$630,000 Sold Price as of 11/07/2019 Refinance Your Mortgage

Map preview of 208 N Rowan Ave, Los Angeles, CA 90063

Property Overview: 208 N Rowan Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,610 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 7.5% cap rate. Unbelievable steal. Area going through huge transformation with multiple developments. Multiple retail and restaurants nearby conveniently located with minutes of downtown LA. Great duplex for 1st time home buyer or investor. The back house has 3 rooms and 1 bath with remodeled kitchen, bathroom and also has its own washer and dryer hookups in the home. The front house is a duplex with one unit being a 1 bedroom and 1 bath with a kitchen. The second unit appears to be a 2 bedroom and 1 bath with a kitchen and its own shared laundry room with the next door unit. The plumbing has been updated in all the bathrooms and kitchens. Also the electrical has been updated. With a little bit of TLC property will produce income for the right buyer or investor. Come see this amazing duplex before it's SOLD! Call for more details.

Listed by JESSE PENA | BRE #01982106 | KELLER WILLIAMS PREMIER PROPER
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19194378
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $50,703
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,297
  • New Taxes: $7,975
  • Trash: $384
  • Gardener: $1,050
  • Insurance: $1,705
  • Water/Sewer: $1,183

Property Details for 208 N Rowan Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5232025003
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: See Remarks
Location / Neighborhood
Location Information
  • Directions: Michigan Ave and North Rowan Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 208 N Rowan Ave

Last sold for $630,000 on November 7th, 2019
  • November, 2019

  • Nov 7, 2019

    Date

    Sold

    CRMLS: CV19194378

    $630,000

    Price

  • Sep 24, 2019

    Date

    Pending

    CRMLS: CV19194378

    $638,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: CV19194378

    $638,000

    Price

  • Aug 26, 2019

    Date

    Pending

    CRMLS: CV19194378

    $638,000

    Price

  • Aug 14, 2019

    Date

    Price Change

    CRMLS: CV19194378

    $638,000

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: CV19194378

    $638,000

    Price

  • November, 2019

  • Nov 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

  • May, 2009

  • May 29, 2009

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

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Tax History for 208 N Rowan Ave

Assessed Value (2020): $630,000
Year Land Value Improved Value Assessed Value
2020 $370,000 $260,000 $630,000

Home Value Compared to the Market

This property vs the competition

208 N Rowan Ave sold on November 7, 2019 for 43.04% 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 $396.27 per/sqft which puts the price per square foot 45.27% lower than the current median sale per square foot for the city of Los Angeles.

About 208 N Rowan Ave

Detailed summary of property

208 N Rowan Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,610 living square feet, and sits on an approximately 5,999 square foot lot. 208 N Rowan Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $630,000. 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 43.04% lower than the current median priced home. Local homes that are currently for sale include 1117 Amalia Ave, 130 S Clarence St and 722 Belden Ave. While the average home in Los Angeles, CA is selling in 106 days, 208 N Rowan Ave has a days on market of 16 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 208 N Rowan Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 208 N Rowan Ave

Public county record property details
Beds
6
Baths
3
Year built
1924
Sq. Ft.
2,173
Lot Size
5,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5232-025-003

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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.