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2150 W 62Nd St, Los Angeles, CA 90047
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2150 W 62Nd St Los Angeles, CA 90047

$710,000
  • 3 Beds
  • 3 Baths
  • 2,131 Sq.Ft.
For Sale
$710,000 Get Pre-Qualified
Map preview of 2150 W 62Nd St, Los Angeles, CA 90047

Property Overview: 2150 W 62Nd St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,131 living square feet and 5,242 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Spanish-style triplex is centrally located for easy access to DTLA, SOFI attractions and the 405 Freeway. Walking distance to the Rail to Rail Project's walking and biking paths currently under construction. The paths will connect to the Metro K Line Fairview Heights Station and Metro A Line Slauson Station. Currently collecting $4314 a month in rent. Garage along alley and garage at front is not used by tenants and have ADU potential. Units have a nice floorplan. Don't miss this investment opportunity. Seller is willing to help with closing costs.

Listed by Amalia Ochoa | BRE #01933675 | The Proud Crowd Inc.
Co-listed by Michael Fucci | BRE #01886363 | The Proud Crowd Inc.
Last checked: 14 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 101
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,242
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24348233
City
Los Angeles
County
Los Angeles
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,173
  • Total Rent: $1,173
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,191
  • Total Rent: $1,191
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.94%
  • Gross Rent Multiplier: 13.71
  • Gross Scheduled Income: --
  • Net Operating Income: $42,209
  • Gross Operating Income: $51,768
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2150 W 62Nd St

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Property Details for 2150 W 62Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Single Door, Garage - Two Door
Lot Information
  • Lot Features: Lawn, Front Yard
Property Information
  • Total # of Units: 3
  • Parcel Number: 6001023009
  • Architectural Style: Spanish
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just East of Van Ness Ave and West of Western. Please use Google maps for directions from your location.
View more facts & features

Local Los Angeles Agent

Sale History for 2150 W 62Nd St

Last sold on October 11th, 2017

  • January, 2024

  • Jan 16, 2024

    Date

    Active

    CRMLS: 24348233

    $725,000

    Price

  • January, 2024

  • Jan 5, 2024

    Date

    Expired

    CRMLS: DW23099560

    $685,000

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: DW23099560

    $699,721

    Price

  • Listing provided courtesy of CRMLS

    Great triplex. Near Van Ness Ave.

  • June, 2023

  • Jun 6, 2023

    Date

    Canceled

    CRMLS: DW23001625

    $699,721

    Price

  • Jan 4, 2023

    Date

    Active

    CRMLS: DW23001625

    $721,000

    Price

  • Listing provided courtesy of CRMLS

    triplex, one bed 1 bath each. 2131 Sqft. great location, near Van ness Ave, yb 1947.

  • December, 2022

  • Dec 2, 2022

    Date

    Expired

    CRMLS: 22162869

    $755,000

    Price

  • May 31, 2022

    Date

    Active

    CRMLS: 22162869

    $780,000

    Price

  • Listing provided courtesy of CRMLS

    We are excited to bring this Park Hills Heights triplex to market. This wood-frame stucco, Spanish style complex was built in 1937. It contains 2,131 square feet and is situated on a corner lot of 5,242 square feet. All of the units are one bedroom, townhouse style units with formal dining rooms. In one of the units, the dining room is being used as an additional bedroom. These apartments are producing almost $4,000 per month and there is, at least, 26% upside in the rents. The property is in the City of Los Angeles and is subject to the LA Rent Control Ordinance. This is an excellent opportunity for a first-time investor or potentially an owner occupant, however, the seller will NOT commit to deliver any of the units vacant at the close of escrow. If desired, the Buyers would be responsible for negotiating and relocating tenants if necessary. This deal is priced to sell. Please make all offers subject to inspection and include DU approval, POF and credit scores. Please do not walk on the property or disturb tenants in any manner. Thank you in advance for your cooperation.

  • August, 2021

  • Aug 20, 2021

    Date

    Active

    CRMLS: 21774678

    $715,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 12, 2021

    Date

    Withdrawn

    CRMLS: 21752308

    $725,000

    Price

  • Aug 4, 2021

    Date

    Active

    CRMLS: 21752308

    $725,000

    Price

  • Jul 30, 2021

    Date

    Hold

    CRMLS: 21752308

    $725,000

    Price

  • Jun 23, 2021

    Date

    Active

    CRMLS: 21752308

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in the heart of Los Angeles.

  • October, 2017

  • Oct 11, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2150 W 62Nd St

Assessed Value (2020): $268,799
Year Land Value Improved Value Assessed Value
2020 $153,366 $115,433 $268,799

Home Value Compared to the Market

This property vs the competition

2150 W 62Nd St is listed 43.15% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $333.18 per/sqft which puts the price per square foot 56.84% lower than the median price per square foot for the city of Los Angeles.

About 2150 W 62Nd St

Detailed summary of property

2150 W 62Nd St is a multi family located in Los Angeles, CA 90047 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 2,131 living square feet, and sits on an approximately 5,242 square foot lot. 2150 W 62Nd St was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $710,000 and was originally asking $725,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 43.15% lower than the median priced home. Local competing homes currently for sale include 1726 W 60th St, 5175 S Van Ness Ave and 5170 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 97 days, 2150 W 62Nd St has a days on market of 101 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2150 W 62Nd St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2150 W 62Nd St

Public county record property details
Beds
3
Baths
3
Year built
1937
Sq. Ft.
2,131
Lot Size
5,241
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
6001-023-009

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$758,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$541
Total Inventory
84
Median Sale to List Price %
104.86%
Avg Days on Market
45
Loan Type
Conventional (52.38%), FHA (4.76%), VA (0%), Cash (14.29%), Other (19.05%)

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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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