2402 W Jefferson Blvd, Los Angeles, CA 90018
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2402 W Jefferson Blvd Los Angeles, CA 90018

$680,000 Sold Price as of 08/27/2019
  • 3 Beds
  • 3 Baths
  • 1,830 Sq.Ft.
Sold
$680,000 Sold Price as of 08/27/2019 Refinance Your Mortgage

Map preview of 2402 W Jefferson Blvd, Los Angeles, CA 90018

Property Overview: 2402 W Jefferson Blvd Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,830 living square feet and 3,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a property with two spacious multifamily units, a 3 bedroom/1 bath and 2 studio/1 bath, all within 1,830 rentable square feet. The studio and 3 bedroom/1 bathroom are vacant. This well-maintained 1914 property has a great corner location between West Jefferson Boulevard and 4th Avenue.This property is on the corner of a bus stop and is directly across the street from new construction and a new Subway. It is also one block away from the Leslie N Shaw Park and the Jefferson Library. This area is undergoing great development.It also has great accessibility from the 10 Freeway and is close to the Exposition/ Crenshaw station on Expo Line. This property is ideal for an owner/user or an investor who wants to capitalize on the growth of the Jefferson Park Neighborhood.

Listed by Laura Alice Scaturro | BRE #01942167 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
3,485
HOA Dues
$0/mo
Year built
1914
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
19464546
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $32,438
  • Gross Operating Income: $51,216
  • Improvements Total: $72,549
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $1,200
  • Insurance: $641
  • Maintenance: $1,600
  • Water/Sewer: $5,200

Property Details for 2402 W Jefferson Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5044031007
Location / Neighborhood
Location Information
  • Directions: Signalize Corner of Jefferson Blvd / 4th Avenue
View more facts & features

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Sale History for 2402 W Jefferson Blvd

Last sold for $685,000 on August 27th, 2019
  • August, 2019

  • Aug 28, 2019

    Date

    Sold

    CRMLS: 19464546

    $680,000

    Price

  • Jul 9, 2019

    Date

    Active Under Contract

    CRMLS: 19464546

    $750,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: 19464546

    $750,000

    Price

  • Jul 6, 2019

    Date

    Expired

    CRMLS: 19464546

    $750,000

    Price

  • May 10, 2019

    Date

    Active

    CRMLS: 19464546

    $750,000

    Price

  • August, 2019

  • Aug 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $685,000

    Price

  • December, 2001

  • Dec 5, 2001

    Date

    Sold (Public Records)

    Public Records

    $152,000

    Price

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Tax History for 2402 W Jefferson Blvd

Assessed Value (2020): $685,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $185,000 $685,000

Home Value Compared to the Market

This property vs the competition

2402 W Jefferson Blvd sold on August 27, 2019 for 36.97% 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 $409.84 per/sqft which puts the price per square foot 45.72% lower than the current median sale per square foot for the city of Los Angeles.

About 2402 W Jefferson Blvd

Detailed summary of property

2402 W Jefferson Blvd is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,830 living square feet, and sits on an approximately 3,485 square foot lot. 2402 W Jefferson Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $680,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 1510 W 53rd St. While the average home in Los Angeles, CA is selling in 94 days, 2402 W Jefferson Blvd has a days on market of 53 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 2402 W Jefferson Blvd 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 2402 W Jefferson Blvd

Public county record property details
Beds
3
Baths
3
Year built
1914
Sq. Ft.
1,830
Lot Size
3,485
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5044-031-007

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.