217 E Vernon Ave, Los Angeles, CA 90011
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217 E Vernon Ave Los Angeles, CA 90011

$500,000 Sold Price as of 09/23/2021
  • 3 Beds
  • 2 Baths
  • 1,286 Sq.Ft.
Sold
$500,000 Sold Price as of 09/23/2021 Refinance Your Mortgage

Map preview of 217 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 217 E Vernon Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,286 living square feet and 5,006 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex near USC, Coliseum, 110 FWY. Detached units, each with their own meters.

Listed by Elizabeth Quiroz | BRE #01858734 | Renuvo Capital
Last checked: 4 minutes ago | Last updated: October 1st, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,006
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21090610
City
Los Angeles
County
Los Angeles
Time on Site
1086 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 217 E Vernon Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5113018013
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: House is off Vernon Ave and San Pedro St.
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

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Sale History for 217 E Vernon Ave

Last sold for $500,000 on September 23rd, 2021
  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: SR23162707

    $999,999

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: SR23162707

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    RTI Development Opportunity For 13 Units Plus a Rec Room that can be converted to an additional unit. There is currently a duplex on the property that will be delivered vacant. Plans and renderings available upon request. According to the plans, Units are all Section 8 Affordable Housing with a unit mix of 1 bed 1 bath each. The plans for square feet of each unit are the least possible square feet to potentially earn maximum dollars. Per the plans, all units are ADA approved. Buyer to do their own due diligence. PLEASE CALL THE HOUSING AUTHORITY OF LOS ANGELES (HACLA) TO VERIFY SECTION 8 BENEFITS AS SELLER AND AGENT DO NOT GUARANTEE ANY INFO FROM HACLA. Seller is open to the option of a JV

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: SR23042115

    $1,099,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: SR23042115

    $1,299,999

    Price

  • Listing provided courtesy of CRMLS

    RTI Development Opportunity For 13 Units Plus a Rec Room that can be converted to an additional unit. There is currently a duplex on the property that will be delivered vacant. Plans and renderings available upon request. According to the plans, Units are all Section 8 Affordable Housing with a unit mix of 1 bed 1 bath each. The plans for square feet of each unit are the least possible square feet to potentially earn maximum dollars. Per the plans, all units are ADA approved. Buyer to do their own due diligence. PLEASE CALL THE HOUSING AUTHORITY OF LOS ANGELES (HACLA) TO VERIFY SECTION 8 BENEFITS AS SELLER AND AGENT DO NOT GUARANTEE ANY INFO FROM HACLA. Seller is open to the option of a JV

  • May, 2021

  • May 8, 2021

    Date

    Pending

    CRMLS: PW21090610

    $500,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: PW21090610

    $500,000

    Price

  • Apr 29, 2021

    Date

    Coming Soon

    CRMLS: PW21090610

    $500,000

    Price

Show More

Tax History for 217 E Vernon Ave

Assessed Value (2020): $220,223
Year Land Value Improved Value Assessed Value
2020 $123,440 $96,783 $220,223

Home Value Compared to the Market

This property vs the competition

217 E Vernon Ave sold on September 23, 2021 for 57.98% 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 $388.8 per/sqft which puts the price per square foot 48.5% lower than the current median sale per square foot for the city of Los Angeles.

About 217 E Vernon Ave

Detailed summary of property

217 E Vernon Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,286 living square feet, and sits on an approximately 5,006 square foot lot. 217 E Vernon Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $500,000. 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 57.98% lower than the current median priced home. Local homes that are currently for sale include 1615 W 39th Pl, 845 E 80th St and 1643 E 87th Pl. While the average home in Los Angeles, CA is selling in 96 days, 217 E Vernon Ave has a days on market of 7 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 217 E Vernon Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 217 E Vernon Ave

Public county record property details
Beds
3
Baths
2
Year built
1909
Sq. Ft.
1,286
Lot Size
5,005
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
90
APN
5113-018-013

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.