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226 S Avenue 21, Los Angeles, CA 90031
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226 S Avenue 21 Los Angeles, CA 90031

$750,000 Sold Price as of 07/24/2020
  • 5 Beds
  • 3 Baths
  • 1,857 Sq.Ft.
Sold
$750,000 Sold Price as of 07/24/2020 Refinance Your Mortgage
Map preview of 226 S Avenue 21, Los Angeles, CA 90031

Property Overview: 226 S Avenue 21 Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,857 living square feet and 7,430 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in over 26 years. Wonderful historic duplex in the City of Los Angeles in prime Lincoln Heights area. Great buy with so much upside potential. You can live in one and rent out the other or rent out both. Front unit is a Victorian Style that features two bedrooms, two bath and a spacious basement. As an added bonus for you, the basement contains three bedrooms! The back unit was recently remodeled and has two bedrooms and one bath. The back unit has its own entrance and gate access and carport parking. Close proximity to the freeway, restaurants, and public transportation.

Listed by TIFFANY LE | BRE #01963022 | EAST WEST REALTY, INC.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,430
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
WS20092604
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,000
  • Net Operating Income: $34,155
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,845
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,795
  • Trash: $750
  • Insurance: $1,500
  • Water/Sewer: $1,800

Virtual Tour

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Property Details for 226 S Avenue 21

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5204006014
  • Year Built Source: Assessor
  • Architectural Style: Victorian
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North of the 5 Freeway, exit Broadway. Property is on the right hand side.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 226 S Avenue 21

Last sold for $750,000 on July 24th, 2020

  • July, 2020

  • Jul 25, 2020

    Date

    Sold

    CRMLS: WS20092604

    $750,000

    Price

  • Jul 23, 2020

    Date

    Pending

    CRMLS: WS20092604

    $780,000

    Price

  • Jun 9, 2020

    Date

    Active Under Contract

    CRMLS: WS20092604

    $780,000

    Price

  • May 18, 2020

    Date

    Active

    CRMLS: WS20092604

    $780,000

    Price

  • July, 2020

  • Jul 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • October, 1993

  • Oct 20, 1993

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

Show More

Tax History for 226 S Avenue 21

Assessed Value (2020): $295,975
Year Land Value Improved Value Assessed Value
2020 $149,185 $146,790 $295,975

Home Value Compared to the Market

This property vs the competition

226 S Avenue 21 sold on July 24, 2020 for 38.78% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $420.03 per/sqft which puts the price per square foot 46.9% lower than the current median sale per square foot for the city of Los Angeles.

About 226 S Avenue 21

Detailed summary of property

226 S Avenue 21 is a multi family that recently sold in Los Angeles, CA 90031. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,857 living square feet, and sits on an approximately 7,430 square foot lot. 226 S Avenue 21 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.78% lower than the current median priced home. Local homes that are currently for sale include 509 Camulos St, 2850 6th St and 631 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 100 days, 226 S Avenue 21 has a days on market of 21 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 226 S Avenue 21 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 226 S Avenue 21

Public county record property details
Beds
5
Baths
3
Year built
1901
Sq. Ft.
1,857
Lot Size
7,429
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5204-006-014

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
$828,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
33
Median Sale to List Price %
108.89%
Avg Days on Market
22
Loan Type
Conventional (11.11%), FHA (0%), VA (11.11%), Cash (0%), Other (11.11%)

Thinking of Selling?

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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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