2320 Alta St, Los Angeles, CA 90031
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2320 Alta St Los Angeles, CA 90031

$560,000 Sold Price as of 06/24/2020
  • 4 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$560,000 Sold Price as of 06/24/2020 Refinance Your Mortgage

Map preview of 2320 Alta St, Los Angeles, CA 90031

Property Overview: 2320 Alta St Los Angeles, CA has 4 bedrooms, 3 bathrooms, -- living square feet and 8,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT TRIPLEX (3 UNITS) ON A LARGE LOT! ONE (1) - TWO BEDROOM + ONE BATHROOM UNIT AND TWO (2) - ONE BEDROOM + ONE BATHROOM UNITS. INDIVIDUALLY METERED FOR WATER, GAS AND ELECTRICITY. SIX ON-SITE PARKING SPACES. STRONG RENTS IN HIGH RENTAL DEMAND LOCATION. CLOSE TO USC MEDICAL CENTER, DOWNTOWN LA, CAL STATE LA, DODGER STADIUM, PARKS, SHOPPING, TRANSPORTATION AND MORE! LARD3 ZONING - LOT SIZE IS 8,375 SQUARE FEET. DO NOT WALK ON PROPERTY. DO NOT DISTURB TENANTS.

Listed by Michael Pesci | BRE #01274379 | Keller Williams Studio City
Co-listed by James Antonucci | BRE #01822661 | Keller Williams Realty-Studio City
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
8,375
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20557710
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,142
  • Total Rent: $1,142
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $737
  • Total Rent: $737
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,355
  • Total Rent: $1,355
  • Pro Forma/Market Rent: $1,625
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.45
  • Gross Scheduled Income: --
  • Net Operating Income: $22,791
  • Gross Operating Income: $38,836
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2320 Alta St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5208031012
Location / Neighborhood
Location Information
  • Directions: South of North Broadway, West of Lincoln Park Ave.
View more facts & features

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Sale History for 2320 Alta St

Last sold for $560,000 on June 24th, 2020
  • June, 2020

  • Jun 24, 2020

    Date

    Sold

    CRMLS: 20557710

    $560,000

    Price

  • Jun 23, 2020

    Date

    Pending

    CRMLS: 20557710

    $599,900

    Price

  • Jun 1, 2020

    Date

    Active Under Contract

    CRMLS: 20557710

    $599,900

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: 20557710

    $599,900

    Price

  • Mar 20, 2020

    Date

    Hold

    CRMLS: 20557710

    $599,900

    Price

  • Mar 3, 2020

    Date

    Active Under Contract

    CRMLS: 20557710

    $599,900

    Price

  • Feb 25, 2020

    Date

    Active

    CRMLS: 20557710

    $599,900

    Price

  • June, 2020

  • Jun 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • July, 2016

  • Jul 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 2320 Alta St

Assessed Value (2020): $403,258
Year Land Value Improved Value Assessed Value
2020 $318,362 $84,896 $403,258

Home Value Compared to the Market

This property vs the competition

2320 Alta St sold on June 24, 2020 for 49.59% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2320 Alta St

Detailed summary of property

2320 Alta St is a multi family that recently sold in Los Angeles, CA 90031. This multi family property offered 4 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 8,375 square foot lot. 2320 Alta St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $560,000. 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 49.59% lower than the current median priced home. Local homes that are currently for sale include 907 E 50th St, 172 E 43rd ST and 110 W 48th St. While the average home in Los Angeles, CA is selling in 93 days, 2320 Alta St has a days on market of 37 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2320 Alta St 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 2320 Alta St

Public county record property details
Beds
4
Baths
3
Year built
1926
Sq. Ft.
2,033
Lot Size
8,375
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5208-031-012

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
$840,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
34
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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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.