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224 N Avenue 52 Los Angeles, CA 90042

$1,100,000 Sold Price as of 07/16/2019

19 Beds
11 Baths
2,482 Sq.Ft.

Sold

$1,100,000 Sold Price as of 07/16/2019 Refinance Your Mortgage

Map preview of 224 N Avenue 52, Los Angeles, CA 90042

Property Overview: 224 N Avenue 52 Los Angeles, CA has 19 bedrooms, 11 bathrooms, 2,482 living square feet and 11,394 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MASSIVE PRICE REDUCTION!!! A MAGICAL 4 PLEX ,IN A PRIZED HIGHLAND PARK LOCATION, combination of main house vacant and FULLY UPDATED, with 3 bungalows are being offered for the first time in many years! Live in the main house, walking distance to the York strip, Metro Gold Line Station and Figueroa Avenue. Mount Washington adjacent! Cut the commute! Live, work and play from this updated turn of the last century historic home! The front main house is presently being remodeled with new flooring, modern white shaker cupboards, sparkling quartz counter tops, central air and heating and much more. Make your offer now! All offers will be submitted to seller upon receipt. Write offers "Subject to interior inspection."

Listed by Mike Antonelli | BRE #01940311 | Premier Realty Associates

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft: 11,394
HOA Dues: $0/mo
Year built: 1924
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19471490
City: Los Angeles
County: Los Angeles
Time on Site: 1224 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 4

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Total Rent: $3,200
Pro Forma/Market Rent: $3,200

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $650
Total Rent: $650

Unit Breakdown 3

# of Units: 3
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $635
Total Rent: $635

Unit Breakdown 4

# of Units: 4
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $950
Total Rent: $925

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 21.41
Gross Scheduled Income: --
Net Operating Income: $60,988
Gross Operating Income: $65,400
Improvements Total: $36,521

Annual Expense Breakdown

Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 224 N Avenue 52

Interior Features

Cooling Information

Has Cooling
Central Air

Laundry Information

Has Laundry
See Remarks

Exterior Features

Exterior Information

Roof: Asphalt

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Concrete

Property Information

Total # of Units: 4
Parcel Number: 5468002006
Property Condition: Updated/Remodeled

Location / Neighborhood

Location Information

Directions: Exit 110 freeway at Avenue 52, head west, cross Figueroa, cross Gold Line tracks, fourplex will be on your left.

View more facts & features

Local Los Angeles Agent

Sale History for 224 N Avenue 52

Last leased for $3,200 on March 8th, 2021

March, 2021
Mar 9, 2021

Date

Leased

CRMLS: 21696798

$3,200

Price
Mar 6, 2021

Date

Pending

CRMLS: 21696798

$3,200

Price
Feb 27, 2021

Date

Active

CRMLS: 21696798

$3,200

Price
Listing provided courtesy of CRMLS

Presenting this tasteful and fully remodeled 2 bed 2 bath with a spacious loft sq ft not included. Gated with a beautiful and private front yard. Private 2-car driveway parking. Central air and heating. Beautifully updated kitchen with stainless steel appliances. Full-size washer and dryer in unit. The spacious loft upstairs is perfect for an office or studio space. Open floor plan, beautiful front main house. Tons of natural light throughout. Walking distance to the York strip, Metro Gold Line Station and Figueroa Avenue. Mount Washington adjacent. You do not want to miss this opportunity!

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May, 2020
May 14, 2020

Date

Canceled

CRMLS: OC20041761

$3,000

Price
Feb 26, 2020

Date

Active

CRMLS: OC20041761

$3,000

Price
Listing provided courtesy of CRMLS
November, 2019
Nov 14, 2019

Date

Sold (Public Records)

Public Records

--

Price
August, 2019
Aug 23, 2019

Date

Sold (Public Records)

Public Records

--

Price
July, 2019
Jul 17, 2019

Date

Sold

CRMLS: 19471490

$1,100,000

Price
Jun 20, 2019

Date

Active Under Contract

CRMLS: 19471490

$1,175,000

Price
Jun 9, 2019

Date

Price Change

CRMLS: 19471490

$1,175,000

Price
May 29, 2019

Date

Active

CRMLS: 19471490

$1,375,000

Price
May, 2019
May 29, 2019

Date

Canceled

CRMLS: 19455200

$1,375,000

Price
Apr 19, 2019

Date

Active

CRMLS: 19455200

$1,375,000

Price
Listing provided courtesy of CRMLS

THIS IS IT! THIS EXPANSIVE PROPERTY,IN A PRIZED HIGHLAND PARK LOCATION, combination of main house vacant and FULLY UPDATED, with 3 bungalows are being offered for the first time in many years! Live in the main house, walking distance to the York strip, Metro Gold Line Station and Figueroa Avenue. Mount Washington adjacent! Cut the commute! Live, work and play from this updated turn of the last century historic home! The front main house is presently being remodeled with new flooring, modern white shaker cupboards, sparkling quartz counter tops, central air and heating and much more. Make your offer now! All offers will be submitted to seller upon receipt.

Continue Reading

Tax History for 224 N Avenue 52

Assessed Value (2020): $1,100,000

Year	Land Value	Improved Value	Assessed Value
2020	$770,000	$330,000	$1,100,000

Home Value Compared to the Market

This property vs the competition

224 N Avenue 52 sold on July 16, 2019 for 1.26% 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 $473.41 per/sqft which puts the price per square foot 37.3% lower than the current median sale per square foot for the city of Los Angeles.

About 224 N Avenue 52

Detailed summary of property

224 N Avenue 52 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 19 bedrooms, 11 bathrooms, roughly 2,482 living square feet, and sits on an approximately 11,394 square foot lot. 224 N Avenue 52 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,100,000. 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 1.26% lower than the current median priced home. Local homes that are currently for sale include 6445 Roble Ave, 6050 Farrington Ln and 6171 Oak Crest Way. While the average home in Los Angeles, CA is selling in 93 days, 224 N Avenue 52 has a days on market of 22 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 224 N Avenue 52 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 224 N Avenue 52

Public county record property details

Beds: 4
Baths: 4
Year built: 1924
Sq. Ft.: 2,482
Lot Size: 11,393
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5468-002-006

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,089,000

Median List Price/Sq.Ft.

$751

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$858

Total Inventory

Median Sale to List Price %

125.16%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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.