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220 S Poinsettia Pl, Los Angeles, CA 90036
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220 S Poinsettia Pl Los Angeles, CA 90036

$2,845,000
  • 6 Beds
  • 8 Baths
  • 5,854 Sq.Ft.
For Sale
$2,845,000 Get Pre-Qualified
Map preview of 220 S Poinsettia Pl, Los Angeles, CA 90036

Property Overview: 220 S Poinsettia Pl Los Angeles, CA has 6 bedrooms, 8 bathrooms, 5,854 living square feet and 7,932 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: Pleased to present the opportunity to acquire 220 S. Poinsettia Place, an eight-unit investment opportunity located in the highly desirable 90036 zip code of Los Angeles. located in the highly desirable 90036 zip code of Los Angeles. Excellent Unit Mix Offering (2) Studios and (6) One-Bedroom Units with 32% upside in rents. 220 Poinsettia Place is a walker's paradise; daily errands do not require a car and you're in close proximity to shopping, dining and entertainment on Melrose Avenue & Santa Monica Boulevard!

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 7 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
7,932
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24368281
City
Los Angeles
County
Los Angeles
Time on Site
53 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,206
  • Total Rent: $13,237
  • Pro Forma/Market Rent: $17,370
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,596
  • Total Rent: $3,193
  • Pro Forma/Market Rent: $4,390
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.62%
  • Gross Rent Multiplier: 14.43
  • Gross Scheduled Income: --
  • Net Operating Income: $131,435
  • Gross Operating Income: $202,230
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 220 S Poinsettia Pl

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 8
  • Parcel Number: 5512022019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of W 2nd St, East of Fuller Ave, West of Alta Vista Blvd, North of w 3rd St
View more facts & features

Local Los Angeles Agent

Sale History for 220 S Poinsettia Pl

Last sold on July 16th, 2015

  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24368281

    $2,895,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23335769

    $2,795

    Price

  • Nov 29, 2023

    Date

    Active

    CRMLS: 23335769

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    Art Deco Mid-Century Fusion in a gorgeous mid-city neighborhood. This spacious 1 Bedroom and 1 Bathroom has plenty of closet space. Includes in-unit laundry.

  • July, 2015

  • Jul 16, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2014

  • Sep 11, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 220 S Poinsettia Pl

Assessed Value (2020): $204,748
Year Land Value Improved Value Assessed Value
2020 $68,548 $136,200 $204,748

Home Value Compared to the Market

This property vs the competition

220 S Poinsettia Pl is listed 132.24% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $485.99 per/sqft which puts the price per square foot 37.21% lower than the median price per square foot for the city of Los Angeles.

About 220 S Poinsettia Pl

Detailed summary of property

220 S Poinsettia Pl is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 6 bedrooms, 8 bathrooms, roughly 5,854 living square feet, and sits on an approximately 7,932 square foot lot. 220 S Poinsettia Pl was first listed on ArdentRealEstateGroup.com on March 13, 2024. The homeowner is currently asking $2,845,000 and was originally asking $2,895,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 132.24% higher than the median priced home. Local competing homes currently for sale include 1155 S Tremaine Ave, 642 N Hayworth Ave and 648 N Hayworth Ave. While the average home in Los Angeles, CA is selling in 96 days, 220 S Poinsettia Pl has a days on market of 64 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 S Poinsettia Pl Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 220 S Poinsettia Pl

Public county record property details
Beds
6
Baths
8
Year built
1941
Sq. Ft.
5,854
Lot Size
7,931
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5512-022-019

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$859
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
57
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Recently Sold Homes Near 220 S Poinsettia 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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