2495 Corinth Ave, Los Angeles, CA 90064
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2495 Corinth Ave Los Angeles, CA 90064

$4,260,000 Sold Price as of 08/02/2023
  • 16 Beds
  • 20 Baths
  • 9,600 Sq.Ft.
Sold
$4,260,000 Sold Price as of 08/02/2023 Refinance Your Mortgage

Map preview of 2495 Corinth Ave, Los Angeles, CA 90064

Property Overview: 2495 Corinth Ave Los Angeles, CA has 16 bedrooms, 20 bathrooms, 9,600 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2495 Corinth Avenue is an 8-unit multifamily investment opportunity located in West Los Angeles, CA. 2495 Corinth Avenue offers a desirable mix consisting exclusively of 2 bed / 2.5 bath townhome units. The property features an attractive amenities package including controlled access, hardwood flooring, granite countertops, stainless steel appliances, in-unit laundry, private balconies, and a gated parking garage. Additionally, each unit features a spacious rooftop patio, offering residents a unique outdoor living space. Los Angeles’ continued strong rental metrics, including a 2022 occupancy rate of 96.5 percent and year-over-year rent growth of 4.5 percent, provide a new owner with the opportunity to take advantage of the substantial demand for rental units in the area. With current rents below market rates, 2495 Corinth Avenue represents an attractive opportunity for a new owner. 2495 Corinth Avenue benefits from its attractive West Los Angeles location, situated moments from a plethora of retail, dining, and entertainment options in Sawtelle Japantown. The property is within a 0.50-mile radius of all three levels of education including Richland Avenue Elementary School, Daniel Webster Middle School, and Magnolia Science Academy. Additionally, 2495 Corinth Avenue benefits from its close proximity to the Interstate 10 and Interstate 405 interchange, connecting residents to employment hubs throughout Los Angeles County.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 9 minutes ago | Last updated: August 3rd, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
2006
Garage
16 Car
Property Type:
Apartment
Status
Sold
MLS#
OC23092003
City
Los Angeles
County
Los Angeles
Time on Site
347 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 16
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $25,350
  • Total Rent: $25,350
  • Pro Forma/Market Rent: $29,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $304,200
  • Net Operating Income: $203,159
  • Gross Operating Income: $295,074
  • Vacancy Allowance: $9,126
Annual Expense Breakdown
  • Total Operating Expense: $91,915
  • Electric: $2,799
  • Gas/Fuel: $2,799
  • New Taxes: $53,614
  • Trash: $2,799
  • Insurance: $11,304
  • Maintenance: $8,000
  • Professional Management: $0
  • Water/Sewer: $2,799
  • Other Expenses: $7,801
  • Other Expense Description: Misc

Property Details for 2495 Corinth Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 16
  • # of Parking Spaces: 16
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 4260038019
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Pearl Street & Corinth Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 2495 Corinth Ave

Last sold for $4,260,000 on August 2nd, 2023
  • August, 2023

  • Aug 2, 2023

    Date

    Sold

    CRMLS: OC23092003

    $4,260,000

    Price

  • May 26, 2023

    Date

    Active

    CRMLS: OC23092003

    $4,600,000

    Price

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: 20665914

    $3,400

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20665914

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Town house style apartment2 Bedroom 2 ½ BathroomHardwood floors AC and Central HeatLiving room with Balcony on a quiet residential street yet minutes from the Metro, restaurants and shopsGuest Bathroom Kitchen with stone work tops and BRAND NEW stainless steel appliances. Stove, Fridge, Dishwasher, Microwave2nd floor has 2 great size bright bedrooms with large closets.Both bedrooms have En-suite Bathrooms with wall mounted showers, fully tiledLARGE PRIVATE ROOFTOP TERRACESecure garage for 2 cars below the buildingPets considered

  • August, 2020

  • Aug 3, 2020

    Date

    Leased

    CRMLS: 20609218

    $3,200

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: 20609218

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Fantastic two-bedroom, two-and-a-half bathroom, townhome-style residence. The residence features hardwood floors, a living room with a balcony, and central air conditioning and heat. The kitchen has stone worktops and brand new stainless steel appliances including a stove, refrigerator, dishwasher, and microwave. The second floor has two spacious and bright bedrooms with large closets and ensuite bathrooms with fully tiled, wall-mounted showers. A guest bathroom, large private rooftop terrace, and a secure garage with parking for two cars below the building complete this offering. Located on a quiet residential street, yet minutes from the Metro, restaurants, and shops. Pets considered.

  • August, 2020

  • Aug 3, 2020

    Date

    Leased

    CRMLS: 20598064

    $3,200

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: 20598064

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Town house style apartment2 Bedroom 2 ½ BathroomHardwood floors AC and Central HeatLiving room with Balcony on a quiet residential street yet minutes from the Metro, restaurants and shopsGuest Bathroom Kitchen with stone work tops and BRAND NEW stainless steel appliances. Stove, Fridge, Dishwasher, Microwave2nd floor has 2 great size bright bedrooms with large closets.Both bedrooms have En-suite Bathrooms with wall mounted showers, fully tiledLARGE PRIVATE ROOFTOP TERRACESecure garage for 2 cars below the buildingPets considered

  • April, 2019

  • Apr 8, 2019

    Date

    Leased

    CRMLS: 19433334

    $3,200

    Price

  • Feb 14, 2019

    Date

    Active

    CRMLS: 19433334

    $3,450

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Townhouse style apartment, 2 Bedroom 2 ½ Bathroom, Hardwood floors AC and Central Heat. Living room with a Balcony on a quiet residential street yet minutes from the Metro, restaurants, and shops. Guest Bathroom. Kitchen with stone worktops and BRAND NEW stainless steel appliances. Stove, Fridge, Dishwasher, Microwave. 2nd floor has 2 great size bright bedrooms with large closets. Both bedrooms have En-suite Bathrooms with wall mounted showers, fully tiled LARGE PRIVATE ROOFTOP TERRACE. Secure garage for 2 cars below the building,Pets considered.

  • May, 2015

  • May 4, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2013

  • Sep 25, 2013

    Date

    Sold (Public Records)

    Public Records

    $3,250,032

    Price

Show More

Tax History for 2495 Corinth Ave

Assessed Value (2020): $3,642,907
Year Land Value Improved Value Assessed Value
2020 $2,241,789 $1,401,118 $3,642,907

Home Value Compared to the Market

This property vs the competition

2495 Corinth Ave sold on August 2, 2023 for 286.55% 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 $479.17 per/sqft which puts the price per square foot 36.53% lower than the current median sale per square foot for the city of Los Angeles.

About 2495 Corinth Ave

Detailed summary of property

2495 Corinth Ave is a apartment that recently sold in Los Angeles, CA 90064. This apartment offered 16 bedrooms, 20 bathrooms, roughly 9,600 living square feet, and sits on an approximately 7,405 square foot lot. 2495 Corinth Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $4,260,000. 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 286.55% higher than the current median priced home. Local homes that are currently for sale include 9240 W National Blvd, 12420 Greene Ave and 1453 S Beverly Dr. While the average home in Los Angeles, CA is selling in 92 days, 2495 Corinth Ave has a days on market of 56 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2495 Corinth Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2495 Corinth Ave

Public county record property details
Beds
16
Baths
--
Year built
2006
Sq. Ft.
9,600
Lot Size
7,501
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
4260-038-019

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$976
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
62
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

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Related Resources to 2495 Corinth Ave

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.