212 S Park View St, Los Angeles, CA 90057

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212 S Park View St Los Angeles, CA 90057

$975,000 Sold Price as of 03/03/2023

5 Beds
4 Baths
3,328 Sq.Ft.

Sold

$975,000 Sold Price as of 03/03/2023 Refinance Your Mortgage

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Map preview of 212 S Park View St, Los Angeles, CA 90057

Property Overview: 212 S Park View St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,328 living square feet and 7,248 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Happy to present to you a beautiful 4-unit apartment building located in Los Angeles Rampart Village, CA Built in 1928. The property consist of 3,328 rentable square feet , spread throughout a 7,250 square foot lot. Consisting of one 2 bedroom's unit/ 1- Bathroom unit Three 1bed-/1-bathroom. owners can enjoy this high demand rental location know for blue collar workers, resulting in consistent low vacancy rate and increasing rents. Tenants appreciate living space for hosting get togethers and close proximity to 101 freeway, public transportation, great schools, shopping and much more. This is a tremendous opportunity with a great upside.

Listed by Sergio Martinez | BRE #01358473 | Pak Home Realty

Last checked: 15 minutes ago | Last updated: March 3rd, 2023 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft: 7,248
HOA Dues: $0/mo
Year built: 1928
Garage: 4 Car
Property Type:: Fourplex

Status: Sold
MLS#: DW22238343
City: Los Angeles
County: Los Angeles
Time on Site: 557 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1
# of Leased Units: 4
# of Electric Meters: 4
# of Gas Meters: 4
# 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: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $1,800

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $884
Total Rent: $884
Pro Forma/Market Rent: $1,700

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,000
Total Rent: $2,000
Pro Forma/Market Rent: $2,300

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $925
Total Rent: $925
Pro Forma/Market Rent: $1,700

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $66,108
Net Operating Income: $52,006
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $14,102
Electric: $0
Gas/Fuel: $0
New Taxes: $6,191
Trash: $0
Insurance: $1,911
Maintenance: $3,000
Water/Sewer: $1,911

Property Details for 212 S Park View St

Interior Features

Laundry Information

Has Laundry
Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 4

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 5154013009
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: 101 FWY Exity S. Rampart South Beverly west and Parkview south

Neighborhood Information

Community Features: Curbs

View more facts & features

Local Los Angeles Agent

Sale History for 212 S Park View St

Last sold for $975,000 on March 3rd, 2023

March, 2023
Mar 3, 2023

Date

Sold

CRMLS: DW22238343

$975,000

Price
Nov 8, 2022

Date

Active

CRMLS: DW22238343

$999,000

Price
November, 2022
Nov 1, 2022

Date

Expired

CRMLS: DW22157960

$999,000

Price
Jul 18, 2022

Date

Active

CRMLS: DW22157960

$1,250,000

Price
Listing provided courtesy of CRMLS

Corcoran Global Living is happy to present to you a beautiful 4-unit apartment building located in Los Angeles Rampart village, CA. Built in 1928, the subject property consists of 3,328 rentable square-feet, spread throughout a 7,250 square foot lot. Consisting of one 2-Bedroom/ 1-Bathroom units, three 1-Bedroom/ 1-Bathroom unit a. Owners can enjoy this high-demand rental location known for blue-collar workers, resulting in consistent low vacancy-rates and increasing rents. Tenants appreciate living close to 101-Freeway, public transportation, great schools, dining and much more. This property features a rear patio area that is perfect space for hosting get togethers. This is a great investment opportunity with a tremendous upside for any investor.

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June, 2022
Jun 16, 2022

Date

Expired

CRMLS: 320009414

$1,250,000

Price
Feb 22, 2022

Date

Active

CRMLS: 320009414

$1,400,000

Price
Listing provided courtesy of CRMLS

Location, Location, Location. Look no further. This huge 4 plex shows pride of ownership. Located in a great pocket of Los Angeles near everything. The spanish style complex is massive at 3,328 living sqft. The property sits in a large 7,248 sqft lot with 4 detached garages that are accessible by a shared alley. The complex is very secure & private with lots of space and healthy fruit trees. The complex has 2 large lower units (1 bed + 1 bath each) & 2 upper units ( 2 bed + 1 bath & 1 bed +1 bath) There's plenty of parking in the structure & plenty of outdoor space.

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October, 2014
Oct 8, 2014

Date

Sold (Public Records)

Public Records

--

Price
March, 2004
Mar 24, 2004

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 212 S Park View St

Assessed Value (2020): $486,342

Year	Land Value	Improved Value	Assessed Value
2020	$317,749	$168,593	$486,342

Home Value Compared to the Market

This property vs the competition

212 S Park View St sold on March 3, 2023 for 18.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $292.97 per/sqft which puts the price per square foot 61.2% lower than the current median sale per square foot for the city of Los Angeles.

About 212 S Park View St

Detailed summary of property

212 S Park View St is a fourplex that recently sold in Los Angeles, CA 90057. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 3,328 living square feet, and sits on an approximately 7,248 square foot lot. 212 S Park View St was first listed on ArdentRealEstateGroup.com on November 8, 2022. The homeowner sold the property for $975,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.07% lower than the current median priced home. Local homes that are currently for sale include 1525 Cortez St, 1530 W Temple St and 1125 S Lake St. While the average home in Los Angeles, CA is selling in 92 days, 212 S Park View St has a days on market of 62 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 212 S Park View St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 212 S Park View St

Public county record property details

Beds: 5
Baths: 4
Year built: 1928
Sq. Ft.: 3,328
Lot Size: 7,249
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 25
APN: 5154-013-009

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$649,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$365,000

Median Sold Price/Sq.Ft.

$773

Total Inventory

Median Sale to List Price %

104.58%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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.