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240 W 103Rd St, Los Angeles, CA 90003
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240 W 103Rd St Los Angeles, CA 90003

$850,000 Sold Price as of 04/21/2022
  • 8 Beds
  • 4 Baths
  • 2,891 Sq.Ft.
Sold
$850,000 Sold Price as of 04/21/2022 Refinance Your Mortgage
Map preview of 240 W 103Rd St, Los Angeles, CA 90003

Property Overview: 240 W 103Rd St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,891 living square feet and 6,299 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income property on a corner lot with upside potential. Calling on all investors to take a look at this investors' delight and add it to your portfolio! This property is a 4-Unit property which has: 3 bedroom 1 bath, 2 bedroom 1 bath, 2 bedroom 1bath and 1 bedroom 1 bath. Parking is available for about 4 vehicles. Property is located in a Rent Control Area of Los Angeles and it is approved for Section 8 Tenants. Property is also perfect for Owner-Occupied buyers who are looking for a perfect opportunity to purchase a property that will help them pay for the mortgage - live in one unit and rent out the rest. This property will go very quickly so, agents, hurry and bring your clients for a quick escrow and closing!!

Listed by Barbara Thomas | BRE #01470178 | Nationwide Real Estate Execs
Last checked: 10 minutes ago | Last updated: April 22nd, 2022 | Source CRMLS | DOM: 176

Home details

Lot Sq. Ft
6,299
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW21181913
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: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,472
  • Total Rent: $1,472
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,090
  • Total Rent: $1,090
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 240 W 103Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Bath, Kitchen, Living Room, Electric, Gas
Room Information
  • Flooring: Carpet
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Disposal
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6074003008
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
  • Utilities: Water Connected
Location / Neighborhood
Location Information
  • Directions: Broadway and 103rd
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 240 W 103Rd St

Last sold for $850,000 on April 21st, 2022

  • April, 2022

  • Apr 22, 2022

    Date

    Sold

    CRMLS: PW21181913

    $850,000

    Price

  • Aug 17, 2021

    Date

    Active

    CRMLS: PW21181913

    $900,000

    Price

  • August, 2017

  • Aug 9, 2017

    Date

    Canceled

    CRMLS: PW17181326

    $700,000

    Price

  • Aug 9, 2017

    Date

    Withdrawn

    CRMLS: PW17181326

    $700,000

    Price

  • Aug 7, 2017

    Date

    Active

    CRMLS: PW17181326

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    This is a Corner Lot 4 unit complex with 3 bed 1 bath, 2 Bed 1 Bath, 2 Bed 1 Bath and 1 Bed 1 Bath. Property has Parking enough for 4 vehicles. Complex is in Rent Controlled Area and is Section 8 Approved. This property is Good for Investors or Owner Occupied Buyers. Property is Sold AS-IS.

  • September, 2005

  • Sep 7, 2005

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

  • August, 2002

  • Aug 21, 2002

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

Show More

Tax History for 240 W 103Rd St

Assessed Value (2020): $762,226
Year Land Value Improved Value Assessed Value
2020 $262,404 $499,822 $762,226

Home Value Compared to the Market

This property vs the competition

240 W 103Rd St sold on April 21, 2022 for 26.05% 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 $304.39 per/sqft which puts the price per square foot 59.68% lower than the current median sale per square foot for the city of Los Angeles.

About 240 W 103Rd St

Detailed summary of property

240 W 103Rd St is a mixed use that recently sold in Los Angeles, CA 90003. This mixed use property offered 8 bedrooms, 4 bathrooms, roughly 2,891 living square feet, and sits on an approximately 6,299 square foot lot. 240 W 103Rd St was first listed on ArdentRealEstateGroup.com on August 17, 2021. The homeowner sold the property for $850,000. 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 26.05% lower than the current median priced home. Local homes that are currently for sale include 801 S Grand Ave #1904, 3300 E 8th St and 820 Columbia Ave. While the average home in Los Angeles, CA is selling in 96 days, 240 W 103Rd St has a days on market of 176 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 240 W 103Rd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 240 W 103Rd St

Public county record property details
Beds
8
Baths
4
Year built
1940
Sq. Ft.
2,891
Lot Size
6,299
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
157
APN
6074-003-008

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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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