222 W 62nd St, Los Angeles, CA 90003
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222 W 62nd St Los Angeles, CA 90003

$530,000 Sold Price as of 03/03/2020
  • 5 Beds
  • 4 Baths
  • 1,997 Sq.Ft.
Sold
$530,000 Sold Price as of 03/03/2020 Refinance Your Mortgage

Map preview of 222 W 62nd St, Los Angeles, CA 90003

Property Overview: 222 W 62nd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,997 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NEW LOWER PRICE!! Back Unit 1 Bedroom/1 Bathroom Is Currently Vacant, Front house is a beautiful 3 bedroom 2 bath with granite counter tops in kitchen, lots of room property is in good condition. Perfect property for a owner to live a unit and collect rental income from the (2) Studios in the rear that are used like 1 bedroom units. The property is separately metered for gas and electricity and has great cash flow.

Listed by Mark Perez | BRE #01279393 | So Cal Properties
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
RS19255868
City
Los Angeles
County
Los Angeles
Time on Site
1209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,648
  • Total Rent: $1,648
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 222 W 62nd St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6005021007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E of Broadway, N of Gage Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 222 W 62nd St

Last sold for $530,000 on March 3rd, 2020
  • March, 2020

  • Mar 4, 2020

    Date

    Sold

    CRMLS: RS19255868

    $530,000

    Price

  • Feb 14, 2020

    Date

    Pending

    CRMLS: RS19255868

    $550,000

    Price

  • Jan 27, 2020

    Date

    Active Under Contract

    CRMLS: RS19255868

    $550,000

    Price

  • Nov 1, 2019

    Date

    Active

    CRMLS: RS19255868

    $550,000

    Price

  • March, 2020

  • Mar 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

  • July, 2019

  • Jul 11, 2019

    Date

    Expired

    CRMLS: RS19002487

    $565,000

    Price

  • May 24, 2019

    Date

    Price Change

    CRMLS: RS19002487

    $565,000

    Price

  • Feb 15, 2019

    Date

    Price Change

    CRMLS: RS19002487

    $575,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: RS19002487

    $605,000

    Price

  • Listing provided courtesy of CRMLS

    NEW LOWER PRICE!! Front house is a beautiful 3 bedroom 2 bath with granite counter tops in kitchen, lots of room property is in good condition. Perfect property for the owner to live in the front unit and collect rental income from the (2) Studios in the rear that are used like 1 bedroom units. The property is separately metered for gas and electricity and has great cash flow.

  • May, 2015

  • May 14, 2015

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 222 W 62nd St

Assessed Value (2020): $439,571
Year Land Value Improved Value Assessed Value
2020 $197,806 $241,765 $439,571

Home Value Compared to the Market

This property vs the competition

222 W 62nd St sold on March 3, 2020 for 53.78% 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 $275.41 per/sqft which puts the price per square foot 63.52% lower than the current median sale per square foot for the city of Los Angeles.

About 222 W 62nd St

Detailed summary of property

222 W 62nd St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 5 bedrooms, 4 bathrooms, roughly 1,997 living square feet, and sits on an approximately 5,120 square foot lot. 222 W 62nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $530,000. 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 53.78% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 623 E 36th St. While the average home in Los Angeles, CA is selling in 96 days, 222 W 62nd St has a days on market of 73 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 222 W 62nd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 222 W 62nd St

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
1,997
Lot Size
5,119
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
174
APN
6005-021-007

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$580
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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.