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244 W 71St St, Los Angeles, CA 90003
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244 W 71St St Los Angeles, CA 90003

$835,000 Sold Price as of 07/19/2021
  • 5 Beds
  • 5 Baths
  • 2,880 Sq.Ft.
Sold
$835,000 Sold Price as of 07/19/2021 Refinance Your Mortgage
Map preview of 244 W 71St St, Los Angeles, CA 90003

Property Overview: 244 W 71St St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,880 living square feet and 6,176 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this five unit investment opportunity, located in the City of Los Angeles. The unit mix consists of five 1+1 units. The investment consists of approximately 2,880 of rentable square feet and is situated on an approximately 6,176 square foot parcel. Recent property upgrades include two units recently being remodeled, updated aluminum windows throughout, new exterior paint, and new exterior building and unit numbers. The building amenities include a secured entry and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

Listed by Griffin White | BRE #02031785 | BRC Advisors- BH
Co-listed by Ian Hollinger | BRE #01889125 | BRC Advisors- BH
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,176
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21716278
City
Los Angeles
County
Los Angeles
Time on Site
1086 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 244 W 71St St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 6012013044
Location / Neighborhood
Location Information
  • Directions: The subject property is located in the City of Los Angeles. The property is situated south of Gage Avenue, North of Florence Avenue, West of Main Street and East of Broadway.
View more facts & features

Local Los Angeles Agent

Sale History for 244 W 71St St

Last sold for $835,000 on July 19th, 2021

  • July, 2021

  • Jul 20, 2021

    Date

    Sold

    CRMLS: 21716278

    $835,000

    Price

  • Apr 12, 2021

    Date

    Active Under Contract

    CRMLS: 21716278

    $850,000

    Price

  • Apr 7, 2021

    Date

    Active

    CRMLS: 21716278

    $850,000

    Price

  • January, 2019

  • Jan 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

Show More

Tax History for 244 W 71St St

Assessed Value (2020): $586,500
Year Land Value Improved Value Assessed Value
2020 $295,800 $290,700 $586,500

Home Value Compared to the Market

This property vs the competition

244 W 71St St sold on July 19, 2021 for 28.57% 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 $295.14 per/sqft which puts the price per square foot 60.91% lower than the current median sale per square foot for the city of Los Angeles.

About 244 W 71St St

Detailed summary of property

244 W 71St St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,880 living square feet, and sits on an approximately 6,176 square foot lot. 244 W 71St St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $835,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 345 E 82nd St, 422 E. 81st Street and 422 E. 81st Street. While the average home in Los Angeles, CA is selling in 96 days, 244 W 71St St has a days on market of 1 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 244 W 71St 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 244 W 71St St

Public county record property details
Beds
5
Baths
5
Year built
1924
Sq. Ft.
2,880
Lot Size
6,176
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
131
APN
6012-013-044

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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