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2329 W 2Nd St, Los Angeles, CA 90057
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2329 W 2Nd St Los Angeles, CA 90057

$2,080,000 Sold Price as of 09/09/2021
  • 13 Beds
  • 11 Baths
  • 7,796 Sq.Ft.
Sold
$2,080,000 Sold Price as of 09/09/2021 Refinance Your Mortgage
Map preview of 2329 W 2Nd St, Los Angeles, CA 90057

Property Overview: 2329 W 2Nd St Los Angeles, CA has 13 bedrooms, 11 bathrooms, 7,796 living square feet and 7,249 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Investment Opportunity! 2329 W 2nd St. is an 11 unit apartment building comprised of three 2 Bedroom + 1 Bathroom units, seven 1 Bedroom + 1 Bathroom units, and one Studio unit. The building is a total of 7,796 Sq. Ft. on a 7,249 Sq. Ft. lot zoned LAR3. The property has 8 parking spots. Four spots in the front of the building and four spots in the rear accessed by an alley. The soft story retrofit requirement has already been completed. Great Value-Add opportunity! Adjacent property at 2333 W 2nd St. is for sale and the properties can be purchased separately or together. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
7,249
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21765928
City
Los Angeles
County
Los Angeles
Time on Site
1025 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,215
  • Total Rent: $3,644
  • Pro Forma/Market Rent: $6,300
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,156
  • Total Rent: $7,791
  • Pro Forma/Market Rent: $10,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $659
  • Total Rent: $659
  • Pro Forma/Market Rent: $1,175
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: --
  • Net Operating Income: $73,842
  • Gross Operating Income: $149,437
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2329 W 2Nd St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 11
  • Parcel Number: 5154010012
Location / Neighborhood
Location Information
  • Directions: From Downtown LA head West on W. 1st St. Continue onto Beverly Blvd. At the intersection of View Park St. and Beverly Blvd. head South. Head East onto W 2nd. St. and the property is on the North side of street.
View more facts & features

Local Los Angeles Agent

Sale History for 2329 W 2Nd St

Last sold for $2,080,000 on September 9th, 2021

  • September, 2021

  • Sep 10, 2021

    Date

    Sold

    CRMLS: 21765928

    $2,080,000

    Price

  • Aug 20, 2021

    Date

    Pending

    CRMLS: 21765928

    $2,175,000

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: 21765928

    $2,175,000

    Price

  • January, 2007

  • Jan 10, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2005

  • Mar 16, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2329 W 2Nd St

Assessed Value (2020): $760,374
Year Land Value Improved Value Assessed Value
2020 $223,058 $537,316 $760,374

Home Value Compared to the Market

This property vs the competition

2329 W 2Nd St sold on September 9, 2021 for 82.77% 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 $278.99 per/sqft which puts the price per square foot 63.05% lower than the current median sale per square foot for the city of Los Angeles.

About 2329 W 2Nd St

Detailed summary of property

2329 W 2Nd St is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 13 bedrooms, 11 bathrooms, roughly 7,796 living square feet, and sits on an approximately 7,249 square foot lot. 2329 W 2Nd St was first listed on ArdentRealEstateGroup.com on July 27, 2021. The homeowner sold the property for $2,080,000. 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 82.77% higher than the current median priced home. Local homes that are currently for sale include 857 N La Fayette Park Pl, 155 S Westmoreland Ave and 1445 Calumet Ave. While the average home in Los Angeles, CA is selling in 92 days, 2329 W 2Nd St has a days on market of 23 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 2329 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 2329 W 2Nd St

Public county record property details
Beds
13
Baths
13
Year built
1961
Sq. Ft.
7,796
Lot Size
7,249
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5154-010-012

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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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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