2205 Cambridge St, Los Angeles, CA 90006
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2205 Cambridge St Los Angeles, CA 90006

$1,070,000 Sold Price as of 11/20/2019
  • 15 Beds
  • 15 Baths
  • 3,103 Sq.Ft.
Sold
$1,070,000 Sold Price as of 11/20/2019 Refinance Your Mortgage

Map preview of 2205 Cambridge St, Los Angeles, CA 90006

Property Overview: 2205 Cambridge St Los Angeles, CA has 15 bedrooms, 15 bathrooms, 3,103 living square feet and 6,009 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in a nice and quiet neighborhood . Great rental Triplex in the heart of Mid -town Los Angeles. Excellent opportunity for owner user and investor. Remodeled in 2015. Buyers to verify all permits and information. Sold AS IS condition.Do not disturb tenants.Please call L.A for more information and showing.

Listed by Seong Kelly Chong | BRE #01273557 | Dream Realty Asset Mgt, Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,009
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19483772
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.37
  • Gross Scheduled Income: --
  • Net Operating Income: $64,512
  • Gross Operating Income: $55,200
  • Improvements Total: $189,505
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $6,180
  • Gas/Fuel: $1,200
  • Insurance: $1,800

Property Details for 2205 Cambridge St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Garage - Single Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5074010012
Location / Neighborhood
Location Information
  • Directions: BETWEEN WESTERN AND NORMANDIE, BETWEEN PICO AND VENICE.
View more facts & features

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Sale History for 2205 Cambridge St

Last sold for $1,070,000 on November 20th, 2019
  • November, 2019

  • Nov 20, 2019

    Date

    Sold

    CRMLS: 19483772

    $1,070,000

    Price

  • Aug 5, 2019

    Date

    Active Under Contract

    CRMLS: 19483772

    $1,069,000

    Price

  • Jul 1, 2019

    Date

    Active

    CRMLS: 19483772

    $1,069,000

    Price

  • November, 2019

  • Nov 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,070,000

    Price

  • May, 2019

  • May 1, 2019

    Date

    Expired

    CRMLS: 19433700

    $1,200,000

    Price

  • Feb 13, 2019

    Date

    Active

    CRMLS: 19433700

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Location!!! Beautiful, Charming and Spacious TRIPLEX Income property remodeled in 2015. Monthly rental income is $7,350 !!! Make this units your senior plan. It is located at HPOZ area, public record shows 6 bed + 3 bath, but actually 8 bed + 7 bath + one studio without kitchen. Buyer's agent and buyer verify all permits and information by their own investigation. The property to be sold "AS IS" condition. Owner-occupied 2205(unit #1) will be delivered vacant.

  • September, 2018

  • Sep 19, 2018

    Date

    Canceled

    CRMLS: 18345998

    $1,140,000

    Price

  • Aug 15, 2018

    Date

    Price Change

    CRMLS: 18345998

    $1,140,000

    Price

  • May 19, 2018

    Date

    Active

    CRMLS: 18345998

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Location!!! Beautiful, charming and specious TRIPLEX income property remodeled in 2015. It is located at HPOZ Area, public record shows 6br+3ba,but actually 8br +7ba,buyer and buyer's agent to verify all permits and information by their own investigation.The property to be sold "AS IS " condition. Owner-occupied 2205 (Unit#1) will be delivered Vacant.

  • April, 2018

  • Apr 1, 2018

    Date

    Expired

    CRMLS: 17291884

    $1,100,000

    Price

  • Apr 1, 2018

    Date

    Hold

    CRMLS: 17291884

    $1,100,000

    Price

  • Nov 28, 2017

    Date

    Price Change

    CRMLS: 17291884

    $1,100,000

    Price

  • Nov 27, 2017

    Date

    Active

    CRMLS: 17291884

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity! Huge, wonderful and charming owner-occupied triplex income property located in a nice and quiet neighborhood. Public record shows total 6 Bed / 3 Bath on 2205, 2207, and 2209 Cambridge St. Buyers to verify all permits and information by their own investment with the city and rely on their findings. Property is in need of TLC. All offers must be submitted with a letter of pre-approval, EMD, FICO, and proof of funds. Sold as-is condition. Information herein is not verified by agent. Owner-occupied 2205 (Unit#1) will be delivered Vacant. Designated HPOZ.

  • March, 2015

  • Mar 4, 2015

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

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Tax History for 2205 Cambridge St

Assessed Value (2020): $1,070,000
Year Land Value Improved Value Assessed Value
2020 $800,000 $270,000 $1,070,000

Home Value Compared to the Market

This property vs the competition

2205 Cambridge St sold on November 20, 2019 for 4.55% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $344.51 per/sqft which puts the price per square foot 52.42% lower than the current median sale per square foot for the city of Los Angeles.

About 2205 Cambridge St

Detailed summary of property

2205 Cambridge St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 15 bedrooms, 15 bathrooms, roughly 3,103 living square feet, and sits on an approximately 6,009 square foot lot. 2205 Cambridge St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,070,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.55% lower than the current median priced home. Local homes that are currently for sale include 1601 Venice Blvd, 2242 W 29th St and 2015 6th Ave. While the average home in Los Angeles, CA is selling in 106 days, 2205 Cambridge St has a days on market of 35 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2205 Cambridge St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2205 Cambridge St

Public county record property details
Beds
6
Baths
3
Year built
1905
Sq. Ft.
3,103
Lot Size
6,009
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5074-010-012

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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Related Resources to 2205 Cambridge St

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.