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2225 Thurman Ave, Los Angeles, CA 90016
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2225 Thurman Ave Los Angeles, CA 90016

$1,030,000 Sold Price as of 01/02/2024
  • 4 Beds
  • 3 Baths
  • 1,697 Sq.Ft.
Sold
$1,030,000 Sold Price as of 01/02/2024 Refinance Your Mortgage
Map preview of 2225 Thurman Ave, Los Angeles, CA 90016

Property Overview: 2225 Thurman Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,697 living square feet and 4,982 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: UPDATED AS OF NOV. 21st 2023 ***BOTH UNITS WILL NOW BE DELIVERED VACANT AT CLOSING*** and 2 REAR GARAGES AND LARGE LAUNDRY ROOM CAN BE CONVERTED TO ADU as an added bonus Spanish style duplex zoned LARD2 which is centrally located in Los Angeles adjacent to Faircrest Heights. This duplex each has a living room, dining room and breakfast area. New plumbing and electrical. Bonus room and a coin communal laundry room roughly bringing in $100 per month for both tenants off the 2 car garage. Units include a refrigerator, stove and dishwasher. Easy access to highway 10 and Just a 15 minute drive to Museum, Park and world famous Rodeo Drive.

Listed by Robert Pitts | BRE #00917764 | Robert Pitts Estates
Last checked: 12 minutes ago | Last updated: January 9th, 2024 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
4,982
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23298485
City
Los Angeles
County
Los Angeles
Time on Site
299 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,250
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.84
  • Gross Scheduled Income: --
  • Net Operating Income: $66,738
  • Gross Operating Income: $69,000
  • Laundry Income: $100
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2225 Thurman Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community, Individual Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Built-In
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5064025023
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North from Washington Blvd and just East from Fairfax Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 2225 Thurman Ave

Last sold for $1,030,000 on January 2nd, 2024

  • January, 2024

  • Jan 2, 2024

    Date

    Sold

    CRMLS: 23298485

    $1,030,000

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: 23298485

    $1,299,900

    Price

  • March, 2021

  • Mar 5, 2021

    Date

    Canceled

    CRMLS: 20639796

    $1,200,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20639796

    $1,200,000

    Price

  • Nov 17, 2020

    Date

    Pending

    CRMLS: 20639796

    $1,200,000

    Price

  • Sep 30, 2020

    Date

    Active

    CRMLS: 20639796

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Two on a lot located blocks from Culver City Art District. Single family home in the front with newer unit above garage. Charming 2 bedroom spanish style house with formal dining, breakfast room some updates to the orignal interior. Renovated rear unit has an open floor plan, new kitchen with white shaker cabinets and granite counters. There are two good size master bedrooms each with a full baths. Below you have 2 garages, a large room that can be used as art studio or work shop plus a sizable laundry room. Behind the garage there is a garden area with vegetables and fruit trees. Great Owner/User property!

  • April, 2008

  • Apr 11, 2008

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • April, 2007

  • Apr 26, 2007

    Date

    Sold (Public Records)

    Public Records

    $610,001

    Price

Show More

Tax History for 2225 Thurman Ave

Assessed Value (2020): $540,460
Year Land Value Improved Value Assessed Value
2020 $510,440 $30,020 $540,460

Home Value Compared to the Market

This property vs the competition

2225 Thurman Ave sold on January 2, 2024 for 9.29% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $604.01 per/sqft which puts the price per square foot 19.89% lower than the current median sale per square foot for the city of Los Angeles.

About 2225 Thurman Ave

Detailed summary of property

2225 Thurman Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,697 living square feet, and sits on an approximately 4,982 square foot lot. 2225 Thurman Ave was first listed on ArdentRealEstateGroup.com on August 7, 2023. The homeowner sold the property for $1,030,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.29% lower than the current median priced home. Local homes that are currently for sale include 8741 Cattaraugus Ave, 3008 S West View St and 3008 S West View St. While the average home in Los Angeles, CA is selling in 94 days, 2225 Thurman Ave has a days on market of 115 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 2225 Thurman Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2225 Thurman Ave

Public county record property details
Beds
3
Baths
3
Year built
1929
Sq. Ft.
1,697
Lot Size
4,982
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
119
APN
5064-025-023

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,150,000
Median Sold Price/Sq.Ft.
$742
Total Inventory
70
Median Sale to List Price %
95.91%
Avg Days on Market
31
Loan Type
Conventional (31.58%), FHA (0%), VA (0%), Cash (10.53%), Other (15.79%)

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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