244 S Alexandria Ave, Los Angeles, CA 90004

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244 S Alexandria Ave Los Angeles, CA 90004

$1,700,000 Sold Price as of 10/06/2021

20 Beds
20 Baths
4,228 Sq.Ft.

Sold

$1,700,000 Sold Price as of 10/06/2021 Refinance Your Mortgage

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Map preview of 244 S Alexandria Ave, Los Angeles, CA 90004

Property Overview: 244 S Alexandria Ave Los Angeles, CA has 20 bedrooms, 20 bathrooms, 4,228 living square feet and 8,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful 4 unit building in an amazing location. Perfect for owner/user, developer, or investor. 3 out of 4 units currently vacant. Turn-Key property. Upside potential with possible development or ADU (buyer to verify) All 2 Bed 2 Bath units, clean and well maintained.

Listed by Joubin Manoochehri | BRE #01767258 | JNM Realty, INC.

Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 195

Home details

Lot Sq. Ft: 8,699
HOA Dues: $0/mo
Year built: 1923
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21694654
City: Los Angeles
County: Los Angeles
Time on Site: 1184 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,700
Total Rent: $2,700
Pro Forma/Market Rent: $3,000

Unit Breakdown 2

# of Units: 2
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,000
Total Rent: $3,000
Pro Forma/Market Rent: $3,000

Unit Breakdown 3

# of Units: 3
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,000
Total Rent: $3,000
Pro Forma/Market Rent: $3,000

Unit Breakdown 4

# of Units: 4
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,000
Total Rent: $3,000
Pro Forma/Market Rent: $3,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 14.69
Gross Scheduled Income: --
Net Operating Income: $91,912
Gross Operating Income: $140,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 244 S Alexandria Ave

Interior Features

Heating Information

Has Heating
Wall Furnace

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage

Property Information

Total # of Units: 4
Parcel Number: 5518014020

Location / Neighborhood

Location Information

Directions: Just east of Normandie and North of 3rd

View more facts & features

Local Los Angeles Agent

Sale History for 244 S Alexandria Ave

Last sold for $1,700,000 on October 6th, 2021

October, 2021
Oct 7, 2021

Date

Sold

CRMLS: 21694654

$1,700,000

Price
Sep 28, 2021

Date

Active Under Contract

CRMLS: 21694654

$1,799,526

Price
Jul 20, 2021

Date

Price Change

CRMLS: 21694654

$1,799,526

Price
Apr 30, 2021

Date

Price Change

CRMLS: 21694654

$1,900,000

Price
Feb 18, 2021

Date

Active

CRMLS: 21694654

$2,000,000

Price
June, 2021
Jun 30, 2021

Date

Expired

CRMLS: 20544276

$2,099,000

Price
Jan 21, 2021

Date

Withdrawn

CRMLS: 20544276

$2,099,000

Price
Dec 1, 2020

Date

Price Change

CRMLS: 20544276

$2,099,000

Price
Mar 5, 2020

Date

Price Change

CRMLS: 20544276

$2,100,000

Price
Jan 15, 2020

Date

Active

CRMLS: 20544276

$1,999,999

Price
Listing provided courtesy of CRMLS

Attention location Location Location . Perfect for investor and owner occupy. it is fully remodeled. Do not miss this great opportunity. currently there is NO TENANT . Property is sold AS is condition and where is condition. Buyer need to verify all information of this property

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December, 2018
Dec 7, 2018

Date

Canceled

CRMLS: 17241308

$2,050,000

Price
Oct 15, 2018

Date

Price Change

CRMLS: 17241308

$2,050,000

Price
Aug 16, 2018

Date

Price Change

CRMLS: 17241308

$2,049,000

Price
Aug 11, 2018

Date

Price Change

CRMLS: 17241308

$2,050,000

Price
Jul 25, 2018

Date

Price Change

CRMLS: 17241308

$2,090,000

Price
Jun 18, 2018

Date

Price Change

CRMLS: 17241308

$2,100,000

Price
May 19, 2018

Date

Price Change

CRMLS: 17241308

$2,099,999

Price
Mar 30, 2018

Date

Active

CRMLS: 17241308

$2,100,000

Price
Feb 2, 2018

Date

Canceled

CRMLS: 17241308

$2,100,000

Price
Dec 31, 2017

Date

Active

CRMLS: 17241308

$2,100,000

Price
Dec 31, 2017

Date

Expired

CRMLS: 17241308

$2,100,000

Price
Dec 13, 2017

Date

Price Change

CRMLS: 17241308

$2,100,000

Price
Sep 21, 2017

Date

Price Change

CRMLS: 17241308

$1,900,000

Price
Aug 8, 2017

Date

Canceled

CRMLS: 17241308

$2,100,000

Price
Jun 14, 2017

Date

Active

CRMLS: 17241308

$2,100,000

Price
Listing provided courtesy of CRMLS

location location location perfect for investor and owner occupy. it is fully remodeled.we start renting out now. Do not miss this great opportunity. each unit will be vacant Soon. if you want to 4 units vacantDo not miss this chance. you can have all units . property is sold as condition and where is condition. Buyer need to verify all information of this property.

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August, 2017
Aug 8, 2017

Date

Canceled

CRMLS: 17238774

$2,800

Price
Jun 30, 2017

Date

Price Change

CRMLS: 17238774

$2,800

Price
Jun 7, 2017

Date

Active

CRMLS: 17238774

$3,000

Price
Listing provided courtesy of CRMLS

center of korea town , nice location and remodeling unit.all tenant can have one garage and one uncovered parking you have to see first

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October, 2016
Oct 19, 2016

Date

Expired

CRMLS: 16124356

$1,468,000

Price
Sep 22, 2016

Date

Withdrawn

CRMLS: 16124356

$1,468,000

Price
Aug 16, 2016

Date

Price Change

CRMLS: 16124356

$1,468,000

Price
Aug 2, 2016

Date

Price Change

CRMLS: 16124356

$1,469,000

Price
Jul 20, 2016

Date

Price Change

CRMLS: 16124356

$1,471,000

Price
May 12, 2016

Date

Price Change

CRMLS: 16124356

$1,472,000

Price
Listing provided courtesy of CRMLS

DEVELOPMENT, DELVELOPMENT , DEVELOPMENT AND LOCATION LOCATION LOCATION ATTENTION please Center of korea town. Great for developer (R-3 zoing ) Perfect living for big family. Building is huge and land is big. what are you waiting for? your property is here in middle of korea town. Drive by only. Do not enter property and land.

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April, 2016
Apr 11, 2016

Date

Sold (Public Records)

Public Records

$1,130,000

Price
February, 2014
Feb 11, 2014

Date

Sold (Public Records)

Public Records

$690,000

Price

Tax History for 244 S Alexandria Ave

Assessed Value (2020): $1,223,146

Year	Land Value	Improved Value	Assessed Value
2020	$865,945	$357,201	$1,223,146

Home Value Compared to the Market

This property vs the competition

244 S Alexandria Ave sold on October 6, 2021 for 51.22% higher 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 $425.62 per/sqft which puts the price per square foot 43.63% lower than the current median sale per square foot for the city of Los Angeles.

About 244 S Alexandria Ave

Detailed summary of property

244 S Alexandria Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 20 bedrooms, 20 bathrooms, roughly 4,228 living square feet, and sits on an approximately 8,699 square foot lot. 244 S Alexandria Ave was first listed on ArdentRealEstateGroup.com on February 18, 2021. The homeowner sold the property for $1,700,000. 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 51.22% higher than the current median priced home. Local homes that are currently for sale include 926 S Ardmore Ave, 801 N Alexandria Ave and 741 N Harvard Blvd. While the average home in Los Angeles, CA is selling in 94 days, 244 S Alexandria Ave has a days on market of 195 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 244 S Alexandria Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 244 S Alexandria Ave

Public county record property details

Beds: 8
Baths: 4
Year built: 1923
Sq. Ft.: 4,228
Lot Size: 8,698
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5518-014-020

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,500,000

Median List Price/Sq.Ft.

$795

Median Sold Price

$1,650,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

97.35%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 244 S Alexandria Ave

Nearby Homes for Sale

132 S Kenmore Ave, Los Angeles, CA 90004

Recently Sold Homes Near 244 S Alexandria Ave

231 S Alexandria Ave, Los Angeles, CA 90004

$1,460,000 Last Sold Price

6 Beds

5 Baths

4243 Sq.Ft.

231 S Alexandria Ave
Los Angeles, CA 90004

211 S Kenmore Ave, Los Angeles, CA 90004

$3,200,000 Last Sold Price

14 Beds

12 Baths

13664 Sq.Ft.

211 S Kenmore Ave
Los Angeles, CA 90004

238 S Mariposa Ave, Los Angeles, CA 90004

$7,350,000 Last Sold Price

6 Beds

40 Baths

-- Sq.Ft.

238 S Mariposa Ave
Los Angeles, CA 90004

320 S Alexandria Ave, Los Angeles, CA 90020

$7,600,000 Last Sold Price

32 Beds

38 Baths

-- Sq.Ft.

320 S Alexandria Ave
Los Angeles, CA 90020

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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.