2489 N Gower St, Los Angeles, CA 90068
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2489 N Gower St Los Angeles, CA 90068

$1,500,000 Sold Price as of 10/12/2022
  • 3 Beds
  • 5 Baths
  • 3,184 Sq.Ft.
Sold
$1,500,000 Sold Price as of 10/12/2022 Refinance Your Mortgage

Map preview of 2489 N Gower St, Los Angeles, CA 90068

Property Overview: 2489 N Gower St Los Angeles, CA has 3 bedrooms, 5 bathrooms, 3,184 living square feet and 8,051 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This unique, multi-unit property in Beachwood Canyon is being offered for the first time in over 40 years. The five units (per tax assessor) include a duplex, consisting of 2 one-bedroom units; 2 studio apartments; and a private, cabin-like, single-family home at the top of a hill. The home at the top of the property features a fireplace, wood floors, beamed ceilings, a large kitchen with dining area, and a covered rear patio/deck. Below the woodsy home is a studio "guest unit" with a kitchen and bath that has previously been rented separately; a laundry room; two storage areas; and a private yard. The home is vacant, and it has not been occupied for several years. The two one-bedroom units and two studio apartments are closer to the street, but are also relatively private. Long-term tenants are paying below-market-value rents. The property includes wonderful grounds with walkways, trees, native plants, and a level patio for BBQs and outdoor dining between the four units below and the single-family home above. The property has excellent parking, including a double-car garage with potential parking in the driveway, and an additional 4-car parking pad in front of the studio apartments. This is a PROBATE sale, not subject to court approval, being sold in as-is condition. Do not walk on the property. Drive-by only. Offers are subject to interior inspection. ALL OFFERS DUE BY 5PM ON THURSDAY, JULY 28, 2022.

Listed by Lane Aronson | BRE #00681193 | Berkshire Hathaway HomeServices California
Co-listed by Anne Fitzgibbon | BRE #00995175 | Berkshire Hathaway HomeServices California
Last checked: 14 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
8,051
HOA Dues
$0/mo
Year built
1942
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22180225
City
Los Angeles
County
Los Angeles
Time on Site
698 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $521
  • 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: --

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Property Details for 2489 N Gower St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 5
  • Parcel Number: 5585010019
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Take Beachwood Dr North of Franklin and turn left on Gower.
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Sale History for 2489 N Gower St

Last sold for $1,500,000 on October 12th, 2022
  • October, 2022

  • Oct 12, 2022

    Date

    Sold

    CRMLS: 22180225

    $1,500,000

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: 22180225

    $1,495,000

    Price

  • September, 1993

  • Sep 3, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2489 N Gower St

Assessed Value (2020): $424,389
Year Land Value Improved Value Assessed Value
2020 $203,883 $220,506 $424,389

Home Value Compared to the Market

This property vs the competition

2489 N Gower St sold on October 12, 2022 for 32.3% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $469.54 per/sqft which puts the price per square foot 37.73% lower than the current median sale per square foot for the city of Los Angeles.

About 2489 N Gower St

Detailed summary of property

2489 N Gower St is a multi family that recently sold in Los Angeles, CA 90068. This multi family property offered 3 bedrooms, 5 bathrooms, roughly 3,184 living square feet, and sits on an approximately 8,051 square foot lot. 2489 N Gower St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.3% higher than the current median priced home. Local homes that are currently for sale include 3107 Hollycrest Dr, 5228 De Longpre Ave and 5449 S Virginia Ave. While the average home in Los Angeles, CA is selling in 98 days, 2489 N Gower St has a days on market of 17 days. There are currently 3964 homes for sale in the Los Angeles real estate market and 2670 of them are single family homes while 1181 of them are condos and 106 are townhomes. For more information on this home for sale at 2489 N Gower St Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2489 N Gower St

Public county record property details
Beds
--
Baths
--
Year built
1942
Sq. Ft.
3,184
Lot Size
8,036
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5585-010-019

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,195,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,850,000
Median Sold Price/Sq.Ft.
$901
Total Inventory
185
Median Sale to List Price %
103.06%
Avg Days on Market
26
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (0%)

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Related Resources to 2489 N Gower St

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.