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2337 E 118th St, Los Angeles, CA 90059
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2337 E 118th St Los Angeles, CA 90059

$710,000 Sold Price as of 05/03/2021
  • 12 Beds
  • 8 Baths
  • 2,542 Sq.Ft.
Sold
$710,000 Sold Price as of 05/03/2021 Refinance Your Mortgage
Map preview of 2337 E 118th St, Los Angeles, CA 90059

Property Overview: 2337 E 118th St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 2,542 living square feet and 9,861 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity duplex, each unit offers 3 bedrooms and 2 bathrooms. Property is close to hospital and shopping centers.

Listed by Francisco Ramos | BRE #01777749 | Ramos Estate Financial Service
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 279

Home details

Lot Sq. Ft
9,861
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW20086437
City
Los Angeles
County
Los Angeles
Time on Site
1220 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: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 6
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $52,800
  • Total Rent: $52,800
  • Pro Forma/Market Rent: $52,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $46,600
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Income: $9,600
Annual Expense Breakdown
  • Total Operating Expense: $6,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $2,000
  • Trash: $0
  • Insurance: $1,800
  • Water/Sewer: $2,400

Property Details for 2337 E 118th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6150018014
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross streets: S. Imperial / E. Willmington
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2337 E 118th St

Last sold for $710,000 on May 3rd, 2021

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: DW20086437

    $710,000

    Price

  • Feb 12, 2021

    Date

    Active Under Contract

    CRMLS: DW20086437

    $700,000

    Price

  • Oct 15, 2020

    Date

    Price Change

    CRMLS: DW20086437

    $700,000

    Price

  • May 9, 2020

    Date

    Active

    CRMLS: DW20086437

    $750,000

    Price

  • January, 2008

  • Jan 9, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2006

  • Apr 3, 2006

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 2337 E 118th St

Assessed Value (2020): $586,913
Year Land Value Improved Value Assessed Value
2020 $329,881 $257,032 $586,913

Home Value Compared to the Market

This property vs the competition

2337 E 118th St sold on May 3, 2021 for 41.18% lower 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 $275.37 per/sqft which puts the price per square foot 63.53% lower than the current median sale per square foot for the city of Los Angeles.

About 2337 E 118th St

Detailed summary of property

2337 E 118th St is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 2,542 living square feet, and sits on an approximately 9,861 square foot lot. 2337 E 118th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $710,000. 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 41.18% lower than the current median priced home. Local homes that are currently for sale include 1643 E 87th Pl, 829 E Century Blvd and 632 E. 107th Street. While the average home in Los Angeles, CA is selling in 94 days, 2337 E 118th St has a days on market of 279 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 2337 E 118th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2337 E 118th St

Public county record property details
Beds
6
Baths
4
Year built
1924
Sq. Ft.
2,542
Lot Size
9,832
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
6150-018-014

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,999
Median List Price/Sq.Ft.
$523
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

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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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