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

$745,000 Sold Price as of 09/20/2022
  • 9 Beds
  • 6 Baths
  • 1,840 Sq.Ft.
Sold
$745,000 Sold Price as of 09/20/2022 Refinance Your Mortgage
Map preview of 220 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 220 E Vernon Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 1,840 living square feet and 5,131 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Dorit Pakdaman | BRE #01986592 | Reali, Inc.
Last checked: 23 seconds ago | Last updated: September 24th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
5,131
HOA Dues
$0/mo
Year built
1902
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22189769
City
Los Angeles
County
Los Angeles
Time on Site
626 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $84,800
  • Gross Operating Income: $88,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 220 E Vernon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Unassigned
Property Information
  • Total # of Units: 3
  • Parcel Number: 5109011006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Wall, North of 45th pl.
View more facts & features

Local Los Angeles Agent

Sale History for 220 E Vernon Ave

Last sold for $745,000 on September 20th, 2022

  • September, 2022

  • Sep 20, 2022

    Date

    Sold

    CRMLS: 22189769

    $745,000

    Price

  • Aug 15, 2022

    Date

    Active

    CRMLS: 22189769

    $850,000

    Price

  • July, 2022

  • Jul 27, 2022

    Date

    Canceled

    CRMLS: 22160325

    $852,000

    Price

  • May 23, 2022

    Date

    Active

    CRMLS: 22160325

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Prime location south of downtown Los Angeles. This 3-unit income property is located on Vernon close to wall street. This is an excellent opportunity for an owner occupied or investment. All units will be delivered vacant at the close of escrow. Zoning lets building up to 10 units.

  • May, 2022

  • May 2, 2022

    Date

    Canceled

    CRMLS: 22122049

    $850,000

    Price

  • Jan 26, 2022

    Date

    Active

    CRMLS: 22122049

    $888,000

    Price

  • Listing provided courtesy of CRMLS

    One unit will be vacant. Two other units there is a possibility to be delivered vacant.

  • May, 2021

  • May 10, 2021

    Date

    Canceled

    CRMLS: 19518054

    $469,000

    Price

  • Dec 24, 2019

    Date

    Pending

    CRMLS: 19518054

    $469,000

    Price

  • Oct 6, 2019

    Date

    Active

    CRMLS: 19518054

    $469,000

    Price

  • Listing provided courtesy of CRMLS

    3 Unit Income Property not far from USC and Down Town Los Angeles. Significant upside rent potential. Long term tenants. One unit has 2 bedrooms and 1 bath. The other two units are 1 bedroom / 1 bathroom. The property is gated , good concrete yard and parking. Inside showing with accepted offer. Pls do not disturb the tenants. ZONING is R3.

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • March, 2018

  • Mar 21, 2018

    Date

    Sold

    CRMLS: DW17242916

    $396,000

    Price

  • Jan 31, 2018

    Date

    Pending

    CRMLS: DW17242916

    $395,000

    Price

  • Jan 3, 2018

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Dec 27, 2017

    Date

    Hold

    CRMLS: DW17242916

    $395,000

    Price

  • Dec 1, 2017

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 27, 2017

    Date

    Pending

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 13, 2017

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 10, 2017

    Date

    Hold

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 10, 2017

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 6, 2017

    Date

    Hold

    CRMLS: DW17242916

    $395,000

    Price

  • Nov 2, 2017

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Oct 24, 2017

    Date

    Hold

    CRMLS: DW17242916

    $395,000

    Price

  • Oct 24, 2017

    Date

    Active

    CRMLS: DW17242916

    $395,000

    Price

  • Listing provided courtesy of CRMLS

    3 units priced to sell! 2/1, 1/1, 1/1.

  • March, 2018

  • Mar 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $396,000

    Price

Show More

Tax History for 220 E Vernon Ave

Assessed Value (2020): $411,998
Year Land Value Improved Value Assessed Value
2020 $270,504 $141,494 $411,998

Home Value Compared to the Market

This property vs the competition

220 E Vernon Ave sold on September 20, 2022 for 28.57% 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 $461.96 per/sqft which puts the price per square foot 38.81% lower than the current median sale per square foot for the city of Los Angeles.

About 220 E Vernon Ave

Detailed summary of property

220 E Vernon Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 1,840 living square feet, and sits on an approximately 5,131 square foot lot. 220 E Vernon Ave was first listed on ArdentRealEstateGroup.com on August 15, 2022. The homeowner sold the property for $745,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 907 E 50th St, 4918 Wadsworth Ave and 851 E 32nd St. While the average home in Los Angeles, CA is selling in 96 days, 220 E Vernon Ave has a days on market of 1 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 220 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 220 E Vernon Ave

Public county record property details
Beds
4
Baths
3
Year built
1902
Sq. Ft.
1,840
Lot Size
5,131
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5109-011-006

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%)

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 220 E Vernon Ave

217 E Vernon Ave, Los Angeles, CA 90011
$500,000 Last Sold Price
3 Beds
2 Baths
1286 Sq.Ft.
217 E Vernon Ave
Los Angeles, CA 90011
4421 Wall St, Los Angeles, CA 90011
$724,000 Last Sold Price
4 Beds
3 Baths
1512 Sq.Ft.
4421 Wall St
Los Angeles, CA 90011
265 E 45th St, Los Angeles, CA 90011
$780,000 Last Sold Price
5 Beds
3 Baths
2051 Sq.Ft.
265 E 45th St
Los Angeles, CA 90011
167 E 45th St, Los Angeles, CA 90011
$950,000 Last Sold Price
8 Beds
0 Baths
3248 Sq.Ft.
167 E 45th St
Los Angeles, CA 90011

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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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