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2123 Fair Park Ave, Los Angeles, CA 90041
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2123 Fair Park Ave Los Angeles, CA 90041

$1,000,000 Sold Price as of 04/03/2023
  • 8 Beds
  • 5 Baths
  • 4,110 Sq.Ft.
Sold
$1,000,000 Sold Price as of 04/03/2023 Refinance Your Mortgage
Map preview of 2123 Fair Park Ave, Los Angeles, CA 90041

Property Overview: 2123 Fair Park Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,110 living square feet and 7,514 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent central Eagle Rock location, just east of Eagle Rock Blvd and a couple of blocks south of Colorado Blvd near to 2 and 134 fwys as well as grocery, Starbucks, laundry and public transport. 5 units total - 1 x 2+1, 975 sf front house; 2 x 1+1, 628 sf each apartments; 2 x 2+1, 831 sf & 861 sf apartments (all measurements provided by floorplan company). Utilities: Landlord pays all water, sewer, trash, common area electric (lighting) and hot water for rear building. Tenants pay electric, gas and front house also pays their own hot water. No on-site laundry. Tandem parking with space for up to 10 cars. Four units have upgraded countertops in kitchens otherwise bathrooms and kitchens are original. Both buildings have copper plumbing, window AC and wall furnaces. Most tenants are 10+ year residents. All units subject to LA City rent stabilization ordinance and Covid-19 regulations.

Listed by Chris Cragnotti | BRE #01401809 | G&C Properties
Last checked: 35 seconds ago | Last updated: April 3rd, 2023 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
7,514
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
GD23007057
City
Los Angeles
County
Los Angeles
Time on Site
480 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $967
  • Total Rent: $967
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,083
  • Total Rent: $1,083
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,083
  • Total Rent: $1,083
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $949
  • Total Rent: $949
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,210
  • Net Operating Income: $46,639
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $15,571
  • Electric: $780
  • Gas/Fuel: $1,337
  • Trash: $3,903
  • Insurance: $4,476
  • Professional Management: $0
  • Water/Sewer: $5,075

Property Details for 2123 Fair Park Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Vinyl, Wood
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Asphalt, Tandem Uncovered
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5686017011
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of Eagle Rock Blvd, north of Yosemite.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2123 Fair Park Ave

Last sold for $1,000,000 on April 3rd, 2023

  • April, 2023

  • Apr 3, 2023

    Date

    Sold

    CRMLS: GD23007057

    $1,000,000

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: GD23007057

    $1,370,000

    Price

  • January, 2023

  • Jan 13, 2023

    Date

    Canceled

    CRMLS: GD22237627

    $1,500,000

    Price

  • Nov 8, 2022

    Date

    Active

    CRMLS: GD22237627

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

Show More

Tax History for 2123 Fair Park Ave

Assessed Value (2020): $190,495
Year Land Value Improved Value Assessed Value
2020 $73,945 $116,550 $190,495

Home Value Compared to the Market

This property vs the competition

2123 Fair Park Ave sold on April 3, 2023 for 1.68% 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 $284.67 per/sqft which puts the price per square foot 62.3% lower than the current median sale per square foot for the city of Los Angeles.

About 2123 Fair Park Ave

Detailed summary of property

2123 Fair Park Ave is a apartment that recently sold in Los Angeles, CA 90041. This apartment offered 8 bedrooms, 5 bathrooms, roughly 4,110 living square feet, and sits on an approximately 7,514 square foot lot. 2123 Fair Park Ave was first listed on ArdentRealEstateGroup.com on January 13, 2023. The homeowner sold the property for $1,000,000. 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 1.68% lower than the current median priced home. Local homes that are currently for sale include 3441 Maceo St, 321 W Avenue 37 and 4208 Griffin Ave. While the average home in Los Angeles, CA is selling in 94 days, 2123 Fair Park Ave has a days on market of 69 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2123 Fair Park Ave Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2123 Fair Park Ave

Public county record property details
Beds
8
Baths
5
Year built
1910
Sq. Ft.
4,110
Lot Size
7,513
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5686-017-011

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$801
Median Sold Price
$1,211,000
Median Sold Price/Sq.Ft.
$967
Total Inventory
38
Median Sale to List Price %
101.34%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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Call, Text or Message
(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.

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