Search
2404 2Nd Ave, Los Angeles, CA 90018
View Photos

2404 2Nd Ave Los Angeles, CA 90018

$1,775,000 Sold Price as of 05/03/2019
  • 2 Beds
  • 1 Baths
  • 5,136 Sq.Ft.
Sold
$1,775,000 Sold Price as of 05/03/2019 Refinance Your Mortgage
Map preview of 2404 2Nd Ave, Los Angeles, CA 90018

Property Overview: 2404 2Nd Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 5,136 living square feet and 7,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Historic West Adams, lush courtyard style sanctuary! The 6-Unit building spans 5,136 square feet and is situated on a 7,503 square foot lot. The building consists of five 2-Bed/1-Bath, one 3-Bed/2-Bath & 11 parking spaces. Each unit is individually metered for gas and electricity. Newly remodeled units include updated kitchens with stainless steel appliances, updated bathrooms, & bright, spacious living and bedrooms. Laundry on-site. Exterior courtyard & 400 sq ft storage room. Across the street from a recently upgraded public park. This property is a great value with excellent market appreciation in a rapidly developing neighborhood. Brokers and agents see private remarks for showing info.

Listed by R Kip Kolodziejski | BRE #01847279 | Clement Partners Real Estate
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,504
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19441664
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.49%
  • Gross Rent Multiplier: 12.42
  • Gross Scheduled Income: --
  • Net Operating Income: $98,751
  • Gross Operating Income: $140,553
  • Improvements Total: $321,900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2404 2Nd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Disposal, Freezer, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5059029008
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw. West of Arlington. South of the 10-Freeway. West of Adams.
View more facts & features

Local Los Angeles Agent

Sale History for 2404 2Nd Ave

Last sold for $1,775,000 on May 3rd, 2019

  • May, 2019

  • May 6, 2019

    Date

    Sold

    CRMLS: 19441664

    $1,775,000

    Price

  • Mar 20, 2019

    Date

    Pending

    CRMLS: 19441664

    $1,800,000

    Price

  • Mar 8, 2019

    Date

    Active

    CRMLS: 19441664

    $1,800,000

    Price

  • May, 2019

  • May 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,775,000

    Price

  • May, 2017

  • May 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,240,000

    Price

Show More

Tax History for 2404 2Nd Ave

Assessed Value (2020): $1,810,500
Year Land Value Improved Value Assessed Value
2020 $918,000 $892,500 $1,810,500

Home Value Compared to the Market

This property vs the competition

2404 2Nd Ave sold on May 3, 2019 for 60.71% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $350.47 per/sqft which puts the price per square foot 51.59% lower than the current median sale per square foot for the city of Los Angeles.

About 2404 2Nd Ave

Detailed summary of property

2404 2Nd Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 2 bedrooms, 1 bathrooms, roughly 5,136 living square feet, and sits on an approximately 7,504 square foot lot. 2404 2Nd Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,775,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.71% higher than the current median priced home. Local homes that are currently for sale include 1717 Crenshaw Blvd, 1419 S Bronson Ave and 1709 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 106 days, 2404 2Nd Ave has a days on market of 10 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2404 2Nd Ave 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 2404 2Nd Ave

Public county record property details
Beds
13
Baths
7
Year built
1960
Sq. Ft.
5,136
Lot Size
7,504
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5059-029-008

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
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2404 2Nd Ave

Nearby Homes for Sale

2300 W 24th St, Los Angeles, CA 90018
$1,495,000
5 Beds
4 Baths
3494 Sq.Ft.
2300 W 24th St
Los Angeles, CA 90018
3325 W Adams Blvd, Los Angeles, CA 90018
$1,500,000
6 Beds
4 Baths
3516 Sq.Ft.
3325 W Adams Blvd
Los Angeles, CA 90018
3206 W 27th St, Los Angeles, CA 90018
$1,495,000
7 Beds
6 Baths
2985 Sq.Ft.
3206 W 27th St
Los Angeles, CA 90018
2460 W 18th St, Los Angeles, CA 90019
$1,650,000
17 Beds
13 Baths
9568 Sq.Ft.
2460 W 18th St
Los Angeles, CA 90019
2422 Venice Blvd, Los Angeles, CA 90019
$2,000,000
0 Beds
1 Baths
4716 Sq.Ft.
2422 Venice Blvd
Los Angeles, CA 90019
3500 Cimarron St, Los Angeles, CA 90018
$1,450,000
6 Beds
3 Baths
2484 Sq.Ft.
3500 Cimarron St
Los Angeles, CA 90018
1406 2nd Ave, Los Angeles, CA 90019
$1,849,900
8 Beds
5 Baths
4888 Sq.Ft.
1406 2nd Ave
Los Angeles, CA 90019
1409 Arlington Ave, Los Angeles, CA 90019
$1,550,000
9 Beds
9 Baths
5797 Sq.Ft.
1409 Arlington Ave
Los Angeles, CA 90019
1414 S Wilton Pl, Los Angeles, CA 90019
$1,750,000
27 Beds
20 Baths
6094 Sq.Ft.
1414 S Wilton Pl
Los Angeles, CA 90019
1427 S Norton Ave, Los Angeles, CA 90019
$1,749,000
20 Beds
10 Baths
4904 Sq.Ft.
1427 S Norton Ave
Los Angeles, CA 90019
2104 Crenshaw Blvd, Los Angeles, CA 90016
$1,699,000
1233 Beds
822 Baths
2780 Sq.Ft.
2104 Crenshaw Blvd
Los Angeles, CA 90016
1721 Crenshaw Blvd, Los Angeles, CA 90019
$1,690,000
13 Beds
13 Baths
2863 Sq.Ft.
1721 Crenshaw Blvd
Los Angeles, CA 90019

Recently Sold Homes Near 2404 2Nd Ave

2406 3rd Ave, Los Angeles, CA 90018
$1,755,000 Last Sold Price
8 Beds
4 Baths
6831 Sq.Ft.
2406 3rd Ave
Los Angeles, CA 90018
2521 2Nd Ave, Los Angeles, CA 90018
$1,350,000 Last Sold Price
5 Beds
3 Baths
3050 Sq.Ft.
2521 2Nd Ave
Los Angeles, CA 90018
2388 W 23Rd St, Los Angeles, CA 90018
$1,000,000 Last Sold Price
7 Beds
4 Baths
3400 Sq.Ft.
2388 W 23Rd St
Los Angeles, CA 90018
2550 3Rd Ave, Los Angeles, CA 90018
$865,000 Last Sold Price
4 Beds
4 Baths
3212 Sq.Ft.
2550 3Rd Ave
Los Angeles, CA 90018

Related Resources to 2404 2Nd Ave

New Listings in 90018
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote