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25120 Western Ave, Los Angeles, CA 90710
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25120 Western Ave Los Angeles, CA 90710

$1,600,000 Sold Price as of 12/03/2021
  • 8 Beds
  • 6 Baths
  • 4,560 Sq.Ft.
Sold
$1,600,000 Sold Price as of 12/03/2021 Refinance Your Mortgage
Map preview of 25120 Western Ave, Los Angeles, CA 90710

Property Overview: 25120 Western Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 4,560 living square feet and 7,529 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 4 Unit Townhouse style apartments! Each unit contains 2 Bedrooms and 1.5 Baths, private patio, and garage. This property is not subject to rent control and has room to increase rents! Located right on Western Ave which is a couple of minutes away from the 110 Freeway. There is a storage unit above the garage which owner is able receive extra income or can possibly convert into an ADU. **One unit is scheduled to receive a rent increase effect 11/01/21. Please contact agent for more details.

Listed by Frederick Okuda | BRE #02073148 | ADW Management USA, Inc.
Last checked: 6 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
7,529
HOA Dues
$0/mo
Year built
1978
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21155456
City
Los Angeles
County
Los Angeles
Time on Site
1033 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,260
  • Total Rent: $2,260
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.13%
  • Gross Rent Multiplier: 15.71
  • Gross Scheduled Income: $105,060
  • Net Operating Income: $68,134
  • Gross Operating Income: $101,908
  • Vacancy Allowance: $3,152
  • Laundry Income: $275
  • Laundry Own/Lease: Lease
  • Other Income 1: $120
  • Other Income Description: Storage
Annual Expense Breakdown
  • Total Operating Expense: $33,744
  • Electric: $892
  • Gas/Fuel: $240
  • New Taxes: $20,818
  • Trash: $0
  • Gardener: $720
  • Insurance: $1,613
  • Maintenance: $3,000
  • Professional Management: $4,076
  • Water/Sewer: $1,770
  • Other Expenses: $500
  • Other Expense Description: Reserve

Property Details for 25120 Western Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7410019039
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South on Western Ave and Lomita Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 25120 Western Ave

Last sold for $1,600,000 on December 3rd, 2021

  • December, 2021

  • Dec 7, 2021

    Date

    Sold

    CRMLS: SB21155456

    $1,600,000

    Price

  • Aug 2, 2021

    Date

    Price Change

    CRMLS: SB21155456

    $1,675,000

    Price

  • Jul 20, 2021

    Date

    Active

    CRMLS: SB21155456

    $1,725,000

    Price

Tax History for 25120 Western Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

25120 Western Ave sold on December 3, 2021 for 38.66% 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 $361.84 per/sqft which puts the price per square foot 52.07% lower than the current median sale per square foot for the city of Los Angeles.

About 25120 Western Ave

Detailed summary of property

25120 Western Ave is a multi family that recently sold in Los Angeles, CA 90710. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,560 living square feet, and sits on an approximately 7,529 square foot lot. 25120 Western Ave was first listed on ArdentRealEstateGroup.com on July 20, 2021. The homeowner sold the property for $1,600,000. 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 38.66% higher than the current median priced home. Local homes that are currently for sale include 1120-1124 E Hellman St, 1377 Warren Ave and 1616 E 4th St. While the average home in Los Angeles, CA is selling in 92 days, 25120 Western Ave has a days on market of 111 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 25120 Western Ave Los Angeles, CA 90710 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 25120 Western Ave

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Pool
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Spa
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APN
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The source for these homes facts are from public records.

90710 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$824,900
Median List Price/Sq.Ft.
$535
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$457
Total Inventory
34
Median Sale to List Price %
100.19%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
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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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