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2251 Meadowvale Ave, Los Angeles, CA 90031
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2251 Meadowvale Ave Los Angeles, CA 90031

$950,000 Sold Price as of 03/18/2021
  • 3 Beds
  • 3 Baths
  • 1,485 Sq.Ft.
Sold
$950,000 Sold Price as of 03/18/2021 Refinance Your Mortgage
Map preview of 2251 Meadowvale Ave, Los Angeles, CA 90031

Property Overview: 2251 Meadowvale Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,485 living square feet and 4,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOOKING FOR AN INCOME PRODUCING PROPERTY? Here is a great Opportunity to own a duplex in one of the hottest up & coming neighborhoods in LA Elysian Valley - AKA "Frogtown". The front house is like new and tastefully designed, offering an open floor plan with new kitchen cabinets, new appliances, granite countertops, laminate flooring throughout, 2 new bathrooms, one with tub and one with walk-in shower, travertine tile. Everything in the front house is new: Roof, A/C - Heating System, Plumbing/Electrical Wiring, External Stucco, Double Pane Windows, Fully Insulated, Water Heater, etc. The front house is move-in ready, the back unit upstairs is rented on a month to month lease. Contractors or developers could turn the back unit into something with a huge upside since the property is zoned as a duplex and has separate house numbers -2251 & 2253. May be even add a new ADU as a third living space?. Either way it is a valuable investment!! Come and see for yourself.

Listed by Brigitte Schroeder | BRE #01705827 | MJC Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
4,995
HOA Dues
$0/mo
Year built
1950
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW20212283
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
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

Virtual Tour

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

Property Details for 2251 Meadowvale Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Closet, Stackable, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Basement, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Tile
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
  • Parking Features: Driveway, Concrete, Garage - Single Door, Street
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5445027029
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Take Riverside Dr. to Meadowvale, house is on the left before cross street Blake Ave
Neighborhood Information
  • Community Features: Biking, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2251 Meadowvale Ave

Last sold for $950,000 on March 18th, 2021

  • March, 2021

  • Mar 18, 2021

    Date

    Sold

    CRMLS: PW20212283

    $950,000

    Price

  • Feb 24, 2021

    Date

    Pending

    CRMLS: PW20212283

    $999,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: PW20212283

    $999,000

    Price

  • Oct 8, 2020

    Date

    Active

    CRMLS: PW20212283

    $999,000

    Price

  • March, 2021

  • Mar 18, 2021

    Date

    Sold

    CRMLS: PW20186565

    $950,000

    Price

  • Feb 24, 2021

    Date

    Pending

    CRMLS: PW20186565

    $999,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: PW20186565

    $999,000

    Price

  • Sep 24, 2020

    Date

    Active

    CRMLS: PW20186565

    $999,000

    Price

  • Sep 21, 2020

    Date

    Active Under Contract

    CRMLS: PW20186565

    $999,000

    Price

  • Sep 16, 2020

    Date

    Active

    CRMLS: PW20186565

    $999,000

    Price

  • Sep 15, 2020

    Date

    Coming Soon

    CRMLS: PW20186565

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a duplex in one of the hottest up & coming neighborhoods in LA - "Frogtown" AKA Elysian Valley. The front house is like new and tastefully designed, offering an open floor plan with new kitchen cabinets, new appliances, granite countertops, laminate flooring throughout, 2 new bathrooms, one with tub and one with walk-in shower, travertine tile. Everything in the front house is new: Roof, A/C - Heating System, Plumbing/Electrical Wiring, External Stucco, Double Pane Windows, Fully Insulated, Water Heater, etc. The front house is move-in ready, the back unit upstairs is rented on a month to month lease. This property can be the perfect fit for living in the front, renting the back unit or using it for extended family. Contractors or developers could turn the back unit into something with a huge upside since the property is zoned as a duplex. Either way it is a valuable investment!! Come and see for yourself.

  • May, 2018

  • May 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2251 Meadowvale Ave

Assessed Value (2020): $50,167
Year Land Value Improved Value Assessed Value
2020 $25,083 $25,084 $50,167

Home Value Compared to the Market

This property vs the competition

2251 Meadowvale Ave sold on March 18, 2021 for 10.8% 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 $672.73 per/sqft which puts the price per square foot 7.08% lower than the current median sale per square foot for the city of Los Angeles.

About 2251 Meadowvale Ave

Detailed summary of property

2251 Meadowvale Ave is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 3 bedrooms, 3 bathrooms, roughly 1,485 living square feet, and sits on an approximately 4,995 square foot lot. 2251 Meadowvale Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $950,000. 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 10.8% lower than the current median priced home. Local homes that are currently for sale include 618 N Grand Ave, 4208 Griffin Ave and 2333 Eastlake Ave. While the average home in Los Angeles, CA is selling in 106 days, 2251 Meadowvale Ave has a days on market of 101 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 2251 Meadowvale Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2251 Meadowvale Ave

Public county record property details
Beds
4
Baths
2
Year built
1950
Sq. Ft.
1,385
Lot Size
4,995
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
173
APN
5445-027-029

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2251 Meadowvale Ave

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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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