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2219 W Court St, Los Angeles, CA 90026
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2219 W Court St Los Angeles, CA 90026

$3,595,000 Sold Price as of 03/15/2022
  • 16 Beds
  • 16 Baths
  • 7,265 Sq.Ft.
Sold
$3,595,000 Sold Price as of 03/15/2022 Refinance Your Mortgage
Map preview of 2219 W Court St, Los Angeles, CA 90026

Property Overview: 2219 W Court St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 7,265 living square feet and 7,779 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 2219 W Court St, a newly built 6-unit townhouse complex in prime Echo Park, walking distance from Echo Park Lake and beloved, local hotspots in the active neighborhood. This high demand rental will provide proud investors with a 5% Cap Rate, with easy maintenance and little management needed. 2219 W Court Street features (3) 3 Bed/3 Bath, (2) 2 Bed/ 2 Bath, and (1) 3 Bed/ 3.5 Bath units with high ceilings, large balconies, in-unit washer & dryer, stainless steal appliances, manicured landscaping and attached parking. In addition to the impressive return, investors will enjoy extreme desirability among renters for years to come. These luxury units define upscale urban living in a neighborhood that is experiencing tremendous growth and steady gentrification.

Listed by Yohann Bensimon | BRE #01966630 | Keller Williams Hollywood Hills
Last checked: 14 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
7,779
HOA Dues
$0/mo
Year built
2021
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21777624
City
Los Angeles
County
Los Angeles
Time on Site
1102 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,750
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.63
  • Gross Scheduled Income: --
  • Net Operating Income: $184,791
  • Gross Operating Income: $252,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2219 W Court St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Oven, Gas Cooktop, Range Hood
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • Pool Features: Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Attached Carport, Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5157017031
  • Architectural Style: Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Temple, East of Rampart, West of Alvarado, North of Beverly
View more facts & features

Local Los Angeles Agent

Sale History for 2219 W Court St

Last sold for $3,595,000 on March 15th, 2022

  • September, 2021

  • Sep 13, 2021

    Date

    Active

    CRMLS: 21777624

    $3,695,000

    Price

  • June, 2019

  • Jun 5, 2019

    Date

    Sold

    CRMLS: 19436602

    $1,150,000

    Price

  • Apr 19, 2019

    Date

    Active Under Contract

    CRMLS: 19436602

    $1,199,000

    Price

  • Apr 17, 2019

    Date

    Active

    CRMLS: 19436602

    $1,199,000

    Price

  • Mar 4, 2019

    Date

    Pending

    CRMLS: 19436602

    $1,199,000

    Price

  • Feb 21, 2019

    Date

    Active

    CRMLS: 19436602

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OR REHAB OPPORTUNITY!! OWNER OCCUPIED, WILL BE DELIVERED VACANT! PRICED TO SELL!! We are proud to present this rare opportunity to acquire a well sought out piece of real estate, located in one of the most up and coming neighborhoods in Los Angeles. 2219 W Court St is currently a duplex and is on the market for the first time in over 25 years. Top unit is a 2 bedroom, 1 bathroom and the bottom unit is a 3 bedroom, 1 bathroom. This development beauty sits on a large, very desirable 7,778 square foot lot zoned LAR4 with a nice tier 2 in TOC. Giving a developer/ investor the opportunity to build up to 30 dwelling units. Court St has a walk score of 84 and is only a few blocks from Beverly Blvd and N Alvarado St. Being within minutes to the 101 freeway, gas stations, the Lake Street Community Center and and a variety of selection of restaurants only adds to the appeal of this already lucrative opportunity.

  • June, 2019

  • Jun 5, 2019

    Date

    Sold

    CRMLS: 19437620

    $1,150,000

    Price

  • Apr 19, 2019

    Date

    Active Under Contract

    CRMLS: 19437620

    $1,199,000

    Price

  • Apr 17, 2019

    Date

    Active

    CRMLS: 19437620

    $1,199,000

    Price

  • Mar 4, 2019

    Date

    Pending

    CRMLS: 19437620

    $1,199,000

    Price

  • Feb 25, 2019

    Date

    Active

    CRMLS: 19437620

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OR REHAB OPPORTUNITY!! OWNER OCCUPIED, PRICED TO SELL!! We are proud to present this rare opportunity to acquire a well sought out piece of real estate, located in one of the most up and coming neighborhoods in Los Angeles. 2219 W Court St is currently a duplex and is on the market for the first time in over 25 years. Top unit is a 2 bedroom, 1 bathroom and the bottom unit is a 3 bedroom, 1 bathroom. This development beauty sits on a large, very desirable 7,778 square foot lot zoned LAR4 with a nice tier 2 in TOC. Giving a developer/ investor the opportunity to build up to 30 dwelling units. Court St has a walk score of 84 and is only a few blocks from Beverly Blvd and N Alvarado St. Being within minutes to the 101 freeway, gas stations, the Lake Street Community Center and and a variety of selection of restaurants only adds to the appeal of this already lucrative opportunity. Top unit is owner occupied, seller requesting leaseback option a few months after close of escrow.

  • June, 2019

  • Jun 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

Show More

Tax History for 2219 W Court St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,173,000 -- --

Home Value Compared to the Market

This property vs the competition

2219 W Court St sold on March 15, 2022 for 229.91% higher 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 $508.6 per/sqft which puts the price per square foot 29.75% lower than the current median sale per square foot for the city of Los Angeles.

About 2219 W Court St

Detailed summary of property

2219 W Court St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 7,265 living square feet, and sits on an approximately 7,779 square foot lot. 2219 W Court St was first listed on ArdentRealEstateGroup.com on September 13, 2021. The homeowner sold the property for $3,595,000. 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 229.91% higher than the current median priced home. Local homes that are currently for sale include 1050 S Park View St, 4071 Melrose Ave and 4212 Lockwood Ave. While the average home in Los Angeles, CA is selling in 106 days, 2219 W Court St has a days on market of 34 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 2219 W Court St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2219 W Court St

Public county record property details
Beds
6
Baths
3
Year built
1939
Sq. Ft.
2,392
Lot Size
7,778
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20,21
APN
5157-017-031

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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