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2179 Ripple St, Los Angeles, CA 90039
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2179 Ripple St Los Angeles, CA 90039

$1,150,000 Sold Price as of 03/15/2024
  • 8 Beds
  • 4 Baths
  • 3,564 Sq.Ft.
Sold
$1,150,000 Sold Price as of 03/15/2024 Refinance Your Mortgage
Map preview of 2179 Ripple St, Los Angeles, CA 90039

Property Overview: 2179 Ripple St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,564 living square feet and 7,322 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Quadruplex Gem in the Heart of Los Angeles Welcome to 2179 Ripple St, a remarkable quadraplex offering an incredible opportunity in the vibrant city of Los Angeles. This well-maintained property, boasting a prime location near the 5 freeway, presents an ideal investment for those seeking a blend of comfort, convenience, and potential. Each of the four units showcases 2 spacious bedrooms and 1 bath, providing an excellent layout that caters to a variety of living arrangements. With a total square footage of 3,564, ample space abounds both indoors and out. The expansive lot size of 7,322 offers room for outdoor relaxation, potential landscaping projects, or even expansion possibilities. Built in 1965, this quadraplex exudes timeless character while accommodating modern living needs. The individual units feature their own kitchens and dining areas, perfectly complementing the open living spaces. The bedrooms, generously sized, provide comfortable retreats, and each unit's full bath ensures convenience and privacy. One of the standout features of this property is the abundance of parking available, a true rarity in Los Angeles. Residents and guests alike will appreciate the ease of parking, providing an added layer of convenience in this bustling city. Located near the 5 freeway, the address grants easy access to major thoroughfares, simplifying commutes and enabling exploration of everything Los Angeles has to offer. Whether it's the nearby entertainment options, dining experiences, or cultural attractions, this central location sets the stage for a dynamic lifestyle. This is more than just a property; it's an opportunity to invest in a space that can provide both immediate returns and long-term potential. Whether you're an investor or looking to secure a comfortable residence in a strategic location, 2179 Ripple St awaits your vision and plans. Don't miss the chance to own this exceptional quadruplex in Los Angeles. Contact us today to schedule a viewing and discover the possibilities that await at 2179 Ripple St.

Listed by Louis Rodriguez | BRE #01893996 | PAK Home Realty
Last checked: 3 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 105

Home details

Lot Sq. Ft
7,322
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
SR23153556
City
Los Angeles
County
Los Angeles
Time on Site
268 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,330
  • Total Rent: $1,330
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,330
  • Total Rent: $1,330
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,337
  • Total Rent: $1,337
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,337
  • Total Rent: $1,337
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,008
  • Net Operating Income: $48,709
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,299
  • Electric: $1,350
  • Gas/Fuel: $580
  • Trash: $600
  • Gardener: $433
  • Insurance: $3,396
  • Maintenance: $500
  • Professional Management: $4,800
  • Water/Sewer: $3,640

Property Details for 2179 Ripple St

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5442030041
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: From 5 freeway, take Fletcher Dr, make right on Riverside Dr and left on Ripple St.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2179 Ripple St

Last sold for $1,150,000 on March 15th, 2024

  • March, 2024

  • Mar 15, 2024

    Date

    Sold

    CRMLS: SR23153556

    $1,150,000

    Price

  • Aug 20, 2023

    Date

    Active

    CRMLS: SR23153556

    $1,399,999

    Price

Tax History for 2179 Ripple St

Assessed Value (2020): $166,841
Year Land Value Improved Value Assessed Value
2020 $38,841 $128,000 $166,841

Home Value Compared to the Market

This property vs the competition

2179 Ripple St sold on March 15, 2024 for 17.65% higher 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 $392.82 per/sqft which puts the price per square foot 47.97% lower than the current median sale per square foot for the city of Los Angeles.

About 2179 Ripple St

Detailed summary of property

2179 Ripple St is a fourplex that recently sold in Los Angeles, CA 90039. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,564 living square feet, and sits on an approximately 7,322 square foot lot. 2179 Ripple St was first listed on ArdentRealEstateGroup.com on August 21, 2023. The homeowner sold the property for $1,150,000. 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 17.65% higher than the current median priced home. Local homes that are currently for sale include 2314-2316 Elmgrove St St, 2314-2316 Elmgrove St and 3945 York Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2179 Ripple St has a days on market of 105 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 2179 Ripple St Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2179 Ripple St

Public county record property details
Beds
8
Baths
4
Year built
1965
Sq. Ft.
3,564
Lot Size
7,341
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
59-61
APN
5442-030-041

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$931
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
47
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

Thinking of Selling?

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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.

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