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216 Columbia Pl, Los Angeles, CA 90026
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216 Columbia Pl Los Angeles, CA 90026

$750,000 Sold Price as of 05/06/2022
  • 2 Beds
  • 2 Baths
  • 1,364 Sq.Ft.
Sold
$750,000 Sold Price as of 05/06/2022 Refinance Your Mortgage
Map preview of 216 Columbia Pl, Los Angeles, CA 90026

Property Overview: 216 Columbia Pl Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,364 living square feet and 1,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment property! Great owner user also. Located on a quaint walk street. Both units have been updated the upstairs unit is vacant unit and will rent for $2,200.00. The downstairs unit is currently rented out. Both units are separately metered for all services including water! There are no Landlord utility expenses! Kitchens are updated with stainless appliances including dishwasher, butcher block countertops, stainless hood. Bathrooms have modern walk-in showers with subway style tiles. Washer/Dryer inside each unit with rolling barn doors. Laminate flooring throughout. 1st quality finishes. New dual glazed windows. Close to downtown entertainment. The pictures tell the story. .

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 6 minutes ago | Last updated: July 26th, 2023 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
1,227
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22137159
City
Los Angeles
County
Los Angeles
Time on Site
786 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $44,062
  • Gross Operating Income: $52,800
  • Other Income 1: $52,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $8,738
  • Insurance: $1,200

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 216 Columbia Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5153016037
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Between Beverly and 3rd Street
View more facts & features

Local Los Angeles Agent

Sale History for 216 Columbia Pl

Last sold for $750,000 on May 6th, 2022

  • May, 2022

  • May 6, 2022

    Date

    Sold

    CRMLS: 22137159

    $750,000

    Price

  • Mar 21, 2022

    Date

    Active

    CRMLS: 22137159

    $699,000

    Price

  • June, 2017

  • Jun 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $349,000

    Price

  • July, 2015

  • Jul 29, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 216 Columbia Pl

Assessed Value (2020): $370,360
Year Land Value Improved Value Assessed Value
2020 $222,853 $147,507 $370,360

Home Value Compared to the Market

This property vs the competition

216 Columbia Pl sold on May 6, 2022 for 41.26% 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 $512.46 per/sqft which puts the price per square foot 32.12% lower than the current median sale per square foot for the city of Los Angeles.

About 216 Columbia Pl

Detailed summary of property

216 Columbia Pl is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,364 living square feet, and sits on an approximately 1,227 square foot lot. 216 Columbia Pl was first listed on ArdentRealEstateGroup.com on March 22, 2022. The homeowner sold the property for $750,000. 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 41.26% lower than the current median priced home. Local homes that are currently for sale include 1135 E 24th St, 1324 E 21st St and 2152 Duvall St. While the average home in Los Angeles, CA is selling in 94 days, 216 Columbia Pl has a days on market of 17 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 216 Columbia Pl Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 216 Columbia Pl

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,364
Lot Size
1,197
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5153-016-037

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 216 Columbia Pl

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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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