2466 Lancaster Ave, Los Angeles, CA 90033
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2466 Lancaster Ave Los Angeles, CA 90033

$1,170,000 Sold Price as of 08/07/2023
  • 7 Beds
  • 6 Baths
  • 4,402 Sq.Ft.
Sold
$1,170,000 Sold Price as of 08/07/2023 Refinance Your Mortgage

Map preview of 2466 Lancaster Ave, Los Angeles, CA 90033

Property Overview: 2466 Lancaster Ave Los Angeles, CA has 7 bedrooms, 6 bathrooms, 4,402 living square feet and 6,739 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Specious Well-Maintained Units located 2 blocks from the San Bernardino Freeway and walking distance to USC Health Science Campuses and CSULA. No sign at the property. Long Term and responsible adult Tenants. Copper plumbing brings hot/cold water to all units. There is a laundry room with leased washers and dryers. Offer subject to interior inspection. One downstairs unit will be delivered vacant with acceptable terms.

Listed by Alexander Mercado | BRE #01831077 | Dream House Real Estate
Last checked: 3 minutes ago | Last updated: August 10th, 2023 | Source CRMLS | DOM: 92

Home details

Lot Sq. Ft
6,739
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
AR23055131
City
Los Angeles
County
Los Angeles
Time on Site
399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,080
  • Total Rent: $1,080
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $1,190
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $68,442
  • Gross Operating Income: $82,800
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $14,358
  • Electric: $0
  • Gas/Fuel: $1,800
  • Licenses: $650
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $1,440
  • Insurance: $5,518
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $4,950

Property Details for 2466 Lancaster Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • 2 Staircases, Balcony, Ceiling Fan(s), Ceramic Counters, Copper Plumbing Partial
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Flat
  • Has Fence
  • Average Condition, Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 5202011032
  • Year Built Source: Public Records
  • Property is not Attached
  • Accessibility Features: 32 Inch Or More Wide Doors
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: N of 10 FWY, E of Soto
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Urban
View more facts & features

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Sale History for 2466 Lancaster Ave

Last sold for $1,170,000 on August 7th, 2023
  • August, 2023

  • Aug 7, 2023

    Date

    Sold

    CRMLS: AR23055131

    $1,170,000

    Price

  • Apr 5, 2023

    Date

    Active

    CRMLS: AR23055131

    $1,300,000

    Price

  • July, 2018

  • Jul 6, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1997

  • Mar 12, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2466 Lancaster Ave

Assessed Value (2020): $312,720
Year Land Value Improved Value Assessed Value
2020 $93,812 $218,908 $312,720

Home Value Compared to the Market

This property vs the competition

2466 Lancaster Ave sold on August 7, 2023 for 0.84% 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 $272.6 per/sqft which puts the price per square foot 63.89% lower than the current median sale per square foot for the city of Los Angeles.

About 2466 Lancaster Ave

Detailed summary of property

2466 Lancaster Ave is a mixed use that recently sold in Los Angeles, CA 90033. This mixed use property offered 7 bedrooms, 6 bathrooms, roughly 4,402 living square feet, and sits on an approximately 6,739 square foot lot. 2466 Lancaster Ave was first listed on ArdentRealEstateGroup.com on April 6, 2023. The homeowner sold the property for $1,170,000. 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 0.84% higher than the current median priced home. Local homes that are currently for sale include 957 N St Andrews Pl, 657-655 N Mentor Ave and 726 W 76th St. While the average home in Los Angeles, CA is selling in 94 days, 2466 Lancaster Ave has a days on market of 92 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2466 Lancaster Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2466 Lancaster Ave

Public county record property details
Beds
7
Baths
6
Year built
1959
Sq. Ft.
4,402
Lot Size
6,739
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5202-011-032

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$536
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
13
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.