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2318 W 2Nd St, Los Angeles, CA 90057
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2318 W 2Nd St Los Angeles, CA 90057

$3,125,000 Sold Price as of 10/20/2021
  • 18 Beds
  • 16 Baths
  • 6,473 Sq.Ft.
Sold
$3,125,000 Sold Price as of 10/20/2021 Refinance Your Mortgage
Map preview of 2318 W 2Nd St, Los Angeles, CA 90057

Property Overview: 2318 W 2Nd St Los Angeles, CA has 18 bedrooms, 16 bathrooms, 6,473 living square feet and 6,106 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand-new 4plex, 2021 construction featuring Luxury 2 X 4bed + 4 bath town-house style plus 2 X 5 bed + 4 bath Units, in Trendy Echo park adjacent area & Filipino town. This Newly Constructed Contemporary Complex offers Bright and Open floor plans, Modern Finishes, Beautiful Flooring, large windows throughout, Stunning Kitchens with Stainless Steel Appliances,, Massive Bedrooms, Gorgeous En suite Bathrooms, Impressive Balconies, rooms dispersed among 3 floors creating a sense of privacy, each unit equipped with its own Central A/C & Laundry room. Individually metered for water, gas, and electricity, little to no maintenance!. Geographically situated to benefit from continued area growth unparalleled opportunity to acquire a remarkable property that is poised to have tremendous appreciation. Close to, restaurants, coffee shops, major bus and train lines, Freeways, parks, Lake, Supermarkets, schools and more.

Listed by Eliza Kerndian | BRE #01398836 | Keller Williams Realty Westside
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,106
HOA Dues
$0/mo
Year built
2021
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21770768
City
Los Angeles
County
Los Angeles
Time on Site
988 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,399
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,399
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,499
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,499
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $5,499
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,499
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $5,399
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,399
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.6
  • Gross Scheduled Income: --
  • Net Operating Income: $198,578
  • Gross Operating Income: $237,578
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2318 W 2Nd St

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Carport, Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5154013004
Location / Neighborhood
Location Information
  • Directions: West of Alvarado, Between Beverly Blvd & 3rd st, close to Echo Park, Filipino Town, Korea Town, Down Town.
View more facts & features

Local Los Angeles Agent

Sale History for 2318 W 2Nd St

Last sold for $3,125,000 on October 20th, 2021

  • September, 2021

  • Sep 30, 2021

    Date

    Active Under Contract

    CRMLS: 21770768

    $2,995,000

    Price

  • Sep 3, 2021

    Date

    Active

    CRMLS: 21770768

    $2,995,000

    Price

  • September, 2021

  • Sep 19, 2021

    Date

    Expired

    CRMLS: 21771120

    $4,399

    Price

  • Aug 11, 2021

    Date

    Active

    CRMLS: 21771120

    $4,399

    Price

  • Listing provided courtesy of CRMLS

    Brand-new 2021 construction featuring Luxury 4bed + 4 bath town-house style Unit Available for Lease in Trendy Echo park adjacent area & Filipino town. This Newly Constructed Contemporary Complex offers Bright and Open floor plans, Modern Finishes, Beautiful Flooring, large windows throughout, Stunning Kitchens with Stainless Steel Appliances,, 4 Massive Bedrooms, 4 Gorgeous Ensuite Bathrooms, Impressive Balconies, rooms dispersed among 3 floors creating a sense of privacy, each unit equipped with its own Central A/C & Laundry room. Close to, restaurants, coffee shops, major bus and train lines, Freeways, parks, Lake, Supermarkets, schools and more.

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2019

  • Aug 2, 2019

    Date

    Sold

    CRMLS: 19453518

    $850,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: 19453518

    $875,000

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: 19453518

    $875,000

    Price

  • May 2, 2019

    Date

    Active Under Contract

    CRMLS: 19453518

    $875,000

    Price

  • Apr 10, 2019

    Date

    Active

    CRMLS: 19453518

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    **Contingent On Seller Finding Replacement HOME** ATTENTION DEVELOPERS!! PRICED TO SELL!! This property is located in a quiet neighborhood offering an easy commute to all of the trendy Downtown Los Angeles spots with easy access to the 110 and 101 freeways. You are minutes away from all the amenities that continue to grow in Downtown Los Angeles surrounding Staples Center, and old reliable venues such as Chinatown, Hollywood and so much more! Property Zoned R3 with Alley Access and No sign on property.Drive by only. SOLD AS IS. Property is owner occupied so please don't go direct.

  • August, 2019

  • Aug 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 2318 W 2Nd St

Assessed Value (2020): $850,000
Year Land Value Improved Value Assessed Value
2020 $680,000 $170,000 $850,000

Home Value Compared to the Market

This property vs the competition

2318 W 2Nd St sold on October 20, 2021 for 151.68% higher 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 $462.69 per/sqft which puts the price per square foot 38.72% lower than the current median sale per square foot for the city of Los Angeles.

About 2318 W 2Nd St

Detailed summary of property

2318 W 2Nd St is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 18 bedrooms, 16 bathrooms, roughly 6,473 living square feet, and sits on an approximately 6,106 square foot lot. 2318 W 2Nd St was first listed on ArdentRealEstateGroup.com on September 3, 2021. The homeowner sold the property for $3,125,000. 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 151.68% higher than the current median priced home. Local homes that are currently for sale include 1050 S Park View St, 811 Kodak Dr and 2951 Francis Ave. While the average home in Los Angeles, CA is selling in 92 days, 2318 W 2Nd St has a days on market of 26 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2318 W 2Nd St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2318 W 2Nd St

Public county record property details
Beds
2
Baths
1
Year built
1902
Sq. Ft.
756
Lot Size
5,966
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5154-013-004

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
13
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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