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211 N Saratoga St, Los Angeles, CA 90033
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211 N Saratoga St Los Angeles, CA 90033

$1,100,000 Sold Price as of 03/24/2023
  • 8 Beds
  • 7 Baths
  • 1,758 Sq.Ft.
Sold
$1,100,000 Sold Price as of 03/24/2023 Refinance Your Mortgage
Map preview of 211 N Saratoga St, Los Angeles, CA 90033

Property Overview: 211 N Saratoga St Los Angeles, CA has 8 bedrooms, 7 bathrooms, 1,758 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This turnkey triplex will be DELIVERED VACANT and was just fully beautifully remodeled and ready to move in! The front unit has 3 large bedrooms, 2 baths, laundry along with a front and back yard. The two back units are 1 bedroom, 1 bath each with laundry. There is gated parking for all units in the rear. The lot is huge providing each unit with plenty of space for storage and entertaining space. Walking distance to the grocery store and 1st street restaurants and bars, public transit including the metro subway, major freeways, and only a few minutes from bustling downtown Los Angeles. 5 minute drive to USC medical center and LA County hospital. The perfect opportunity for someone to live in the front unit and rent out the other two for solid income and to help pay off your mortgage and operating costs.

Listed by Anthony Etchegoyen | BRE #02087554 | ARLO Real Estate Advisors
Last checked: 5 minutes ago | Last updated: March 30th, 2023 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23230007
City
Los Angeles
County
Los Angeles
Time on Site
618 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,096
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: 12.21
  • Gross Scheduled Income: --
  • Net Operating Income: $69,279
  • Gross Operating Income: $89,477
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 211 N Saratoga St

Interior Features
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Private
Property Information
  • Total # of Units: 3
  • Parcel Number: 5180016017
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Main cross Streets 1st and Soto
View more facts & features

Local Los Angeles Agent

Sale History for 211 N Saratoga St

Last sold for $1,100,000 on March 24th, 2023

  • March, 2023

  • Mar 24, 2023

    Date

    Sold

    CRMLS: 23230007

    $1,100,000

    Price

  • Jan 5, 2023

    Date

    Active

    CRMLS: 23230007

    $1,099,000

    Price

  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: MB22128630

    $695,000

    Price

  • Jun 15, 2022

    Date

    Active

    CRMLS: MB22128630

    $619,900

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTOR OPPORTUNITY IN ELA 90033!! 3 UNITS, HUGE LOT!! Front separate house is 2br-1bth + bonus room, with living room, large kitchen, laundry room and its own front and back yard. 2 additional units in back consisting of 1br-1bth each with large parking area with private access from alley. Close to 1st street, restaurants, public transit, major freeways, and only few minutes from Downtown LA. SEE IT!! FALL IN LOVE WITH IT!! BUY IT!! SEE YOU IN ESCROW!!

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Tax History for 211 N Saratoga St

Assessed Value (2020): $51,724
Year Land Value Improved Value Assessed Value
2020 $27,095 $24,629 $51,724

Home Value Compared to the Market

This property vs the competition

211 N Saratoga St sold on March 24, 2023 for 1.88% 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 $625.14 per/sqft which puts the price per square foot 13.65% lower than the current median sale per square foot for the city of Los Angeles.

About 211 N Saratoga St

Detailed summary of property

211 N Saratoga St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 1,758 living square feet, and sits on an approximately 6,970 square foot lot. 211 N Saratoga St was first listed on ArdentRealEstateGroup.com on January 10, 2023. The homeowner sold the property for $1,100,000. 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 1.88% lower than the current median priced home. Local homes that are currently for sale include 2022 E 2nd St, 3412 E 3rd St and 505 S Chicago St. While the average home in Los Angeles, CA is selling in 106 days, 211 N Saratoga St has a days on market of 39 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 211 N Saratoga St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 211 N Saratoga St

Public county record property details
Beds
4
Baths
3
Year built
1908
Sq. Ft.
1,758
Lot Size
6,970
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8,16
APN
5180-016-017

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

Thinking of Selling?

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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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