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213 E 67Th St Los Angeles, CA 90003

$650,000 Sold Price as of 03/14/2023

3 Beds
3 Baths
1,396 Sq.Ft.

Sold

$650,000 Sold Price as of 03/14/2023 Refinance Your Mortgage

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Map preview of 213 E 67Th St, Los Angeles, CA 90003

Property Overview: 213 E 67Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,396 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 213-215 E. 67th Street is a 3-unit property located in South Los Angeles with (1) Studio unit, (1) 1 BD/1 BA unit and (1) 2 BD/1 BA unit. There is ample parking for tenants in the front of property and side yard in a parking impacted area. The large detached garage has approved plans for an ADU Garage Conversion. The property is in close proximity to major employment centers, located 10 minutes to Exposition Park and USC, 4 miles to Downtown Los Angeles and 4 miles to Inglewood's Sofi Stadium and Hollywood Park.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica

Last checked: 7 minutes ago | Last updated: March 15th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft: 5,402
HOA Dues: $0/mo
Year built: 1920
Garage: 2 Car
Property Type:: Triplex

Status: Sold
MLS#: PW22260637
City: Los Angeles
County: Los Angeles
Time on Site: 625 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 0
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,095
Total Rent: $1,095
Pro Forma/Market Rent: $1,100

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,000
Total Rent: $2,000
Pro Forma/Market Rent: $2,200

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,250
Total Rent: $1,250
Pro Forma/Market Rent: $1,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $52,140
Net Operating Income: $29,263
Gross Operating Income: $50,576

Annual Expense Breakdown

Total Operating Expense: $21,312
Electric: $1,250
Gas/Fuel: $1,250
Licenses: $700
New Taxes: $8,576
Trash: $1,250
Gardener: $840
Insurance: $768
Maintenance: $2,000
Professional Management: $2,529
Water/Sewer: $1,250
Other Expenses: $400
Other Expense Description: Reserves

Property Details for 213 E 67Th St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 6

Lot Information

Lot Features: 2-5 Units/Acre
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 3
Parcel Number: 6011002043
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: E Florence Ave & E 67th St

Neighborhood Information

Community Features: Urban

View more facts & features

Local Los Angeles Agent

Sale History for 213 E 67Th St

Last sold for $650,000 on March 14th, 2023

March, 2023
Mar 14, 2023

Date

Sold

CRMLS: PW22260637

$650,000

Price
Jan 3, 2023

Date

Active

CRMLS: PW22260637

$650,000

Price
September, 2021
Sep 14, 2021

Date

Withdrawn

CRMLS: SB21156845

$749,000

Price
Jul 17, 2021

Date

Active

CRMLS: SB21156845

$749,000

Price
Listing provided courtesy of CRMLS

213 E 67th St. is a newly remodeled triplex located in South Los Angeles. Built in 1920, this property sits on a 5,402 sqft lot and is comprised of (1) Studio, (1) 1Bd/1Ba and (1) 2Bd/1Ba unit with a large detached garage that has the potential to be converted into an ADU. This turn-key investment is being offered at a CAP rate of 4.5% and purchase price of $749,000. Totally renovated and with professional management in place, this property runs efficiently and makes a great addition to any portfolio.

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August, 2019
Aug 16, 2019

Date

Sold

CRMLS: 19452742

$519,000

Price
Jul 17, 2019

Date

Pending

CRMLS: 19452742

$535,000

Price
Jul 9, 2019

Date

Price Change

CRMLS: 19452742

$535,000

Price
Jun 22, 2019

Date

Price Change

CRMLS: 19452742

$550,000

Price
May 26, 2019

Date

Price Change

CRMLS: 19452742

$575,000

Price
May 17, 2019

Date

Price Change

CRMLS: 19452742

$600,000

Price
Apr 14, 2019

Date

Active

CRMLS: 19452742

$625,000

Price
Listing provided courtesy of CRMLS

EXTREMELY MOTIVATED SELLER! PRICE REDUCTION AND FLEXIBLE!! SUBMIT YOUR BEST OFFER! A great opportunity to own PROPERTY with rental attached to generate additional income. The front house with 2 bedrooms, spacious living and dining room, remodeled kitchen, washer included. The property includes 2 studio units in the rear with bath and kitchenette, great for students. The driveway can accommodate up to 7 cars with a double car garage, security system and lighting surrounding property. The back yard is completely fenced-in with trees and a nice area for relaxation. This property is being sold "AS IS!" in its present condition. NO repairs. SOME TLC CAN MAKE THIS PROPERTY PROFITABLE!!

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August, 2019
Aug 16, 2019

Date

Sold (Public Records)

Public Records

--

Price
August, 2019
Aug 15, 2019

Date

Sold (Public Records)

Public Records

$519,000

Price

Tax History for 213 E 67Th St

Assessed Value (2020): $519,000

Year	Land Value	Improved Value	Assessed Value
2020	$380,000	$139,000	$519,000

Home Value Compared to the Market

This property vs the competition

213 E 67Th St sold on March 14, 2023 for 41.96% 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 $465.62 per/sqft which puts the price per square foot 35.69% lower than the current median sale per square foot for the city of Los Angeles.

About 213 E 67Th St

Detailed summary of property

213 E 67Th St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,396 living square feet, and sits on an approximately 5,402 square foot lot. 213 E 67Th St was first listed on ArdentRealEstateGroup.com on January 3, 2023. The homeowner sold the property for $650,000. 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 41.96% lower than the current median priced home. Local homes that are currently for sale include 118 E 84th St, 151 W 52nd St and 908 E 79th St. While the average home in Los Angeles, CA is selling in 106 days, 213 E 67Th St has a days on market of 13 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 213 E 67Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 213 E 67Th St

Public county record property details

Beds: 4
Baths: 3
Year built: 1920
Sq. Ft.: 1,396
Lot Size: 5,402
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 43
APN: 6011-002-043

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$599,000

Median List Price/Sq.Ft.

$574

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$535

Total Inventory

Median Sale to List Price %

103%

Avg Days on Market

Loan Type

Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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.