2331 W 20Th St, Los Angeles, CA 90018
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2331 W 20Th St Los Angeles, CA 90018

$1,250,000
  • 6 Beds
  • 3.75 Baths
  • 5,168 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified

Map preview of 2331 W 20Th St, Los Angeles, CA 90018

Property Overview: 2331 W 20Th St Los Angeles, CA has 6 bedrooms, 3.75 bathrooms, 5,168 living square feet and 6,316 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing a remarkable investment opportunity in the coveted Western Heights neighborhood, less than a mere 3 miles away from the bustling USC Campus. Nestled within close proximity to the 10 freeway, Downtown LA, USC, Korea Town, and the iconic Staples Center, this prime location offers unparalleled accessibility to key destinations. This triplex features two spacious 1+1 units alongside a spacious 4+2 unit with recent kitchen and bath updates, ensuring a delightful living experience for tenants. Furthermore, the inclusion of in-unit laundry facilities and individual storage garages adds to the appeal and practicality of this investment gem. Seize the opportunity to capitalize on the high demand for housing in this sought-after locale near USC. Whether you're an astute investor or a discerning homeowner seeking to diversify your portfolio, this triplex presents a rare chance to acquire a valuable asset in a thriving community.

Listed by Michael Williams | BRE #01266428 | Compass
Last checked: 4 minutes ago | Last updated: April 8th, 2024 | Source CRMLS | DOM: 85
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Home details

Lot Sq. Ft
6,316
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
BB24029560
City
Los Angeles
County
Los Angeles
Time on Site
95 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,514
  • Total Rent: $1,514
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,188
  • Net Operating Income: $1
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1
  • Trash: $0
  • Insurance: $1,858
  • Water/Sewer: $3,600

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Property Details for 2331 W 20Th St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5073025020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Washington Blvd, South on Cimarron, East on 20th
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2331 W 20Th St

View property's historical transactions
  • February, 2024

  • Feb 12, 2024

    Date

    Active

    CRMLS: BB24029560

    $1,250,000

    Price

Tax History for 2331 W 20Th St

Assessed Value (2020): $451,766
Year Land Value Improved Value Assessed Value
2020 $170,475 $281,291 $451,766

Home Value Compared to the Market

This property vs the competition

2331 W 20Th St is listed 0.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $241.87 per/sqft which puts the price per square foot 68.75% lower than the median price per square foot for the city of Los Angeles.

About 2331 W 20Th St

Detailed summary of property

2331 W 20Th St is a triplex located in Los Angeles, CA 90018 and is currently for sale. This triplex offers 6 bedrooms, 3.75 bathrooms, roughly 5,168 living square feet, and sits on an approximately 6,316 square foot lot. 2331 W 20Th St was first listed on ArdentRealEstateGroup.com on February 12, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.08% higher than the median priced home. Local competing homes currently for sale include 2023 W 28th St, 1969 W 23rd St and 1734 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2331 W 20Th St has a days on market of 85 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2331 W 20Th St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2331 W 20Th St

Public county record property details
Beds
9
Baths
3
Year built
1923
Sq. Ft.
5,168
Lot Size
6,315
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5073-025-020

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.